TECHNOLOGY
Ola-Uber challenger Namma Yatri pilots auto, cab rentals
Ride-hailing firm Namma Yatri, built on top of ONDC, is expanding its offerings as the company looks to compete with rivals Uber and Ola.
TECHNOLOGY
Swiggy founders, Cred's Kunal Shah, DeVC, others invest in gaming startup Felicity Games
Felicity Games has launched over 10 game titles within a year of its launch. These games are played by more than a million monthly users across 14 geographies.
TECHNOLOGY
Gaming studios to PM Modi: Need clear distinction between video games and RMG
A group of 70 video game studios and esports companies have sought a comprehensive video games-focussed policy in line with global best practices. It has also requested that the I&B ministry be designated as the nodal agency for video games
TECHNOLOGY
Meta's Threads now has over 175 million monthly active users, says Mark Zuckerberg
Threads, designed as rival to Elon Musk's X, has been steadily building a range of new features to attract more users onto its platform.
TECHNOLOGY
Nazara’s Nodwin Gaming to take 100% ownership of Germany-based Freaks 4U Gaming for Rs 271 cr
Freaks 4U Gaming's acquisition is expected to bolster Nodwin Gaming's capabilities in PC gaming and games publishing support services along with access to developed markets.
TECHNOLOGY
Google Translate adds support for 110 languages, including several Indian languages
Google Translate has added support for many Indian languages such as Tulu, Marwadi, Awadhi, Khasi, Santali, and Kokborok. Globally, the translation product now supports around 243 languages.
TECHNOLOGY
Nazara Technologies to publish nCore's upcoming made-in-India game FAU-G: Domination
FAU-G: Domination will be marketed and distributed by Nazara Publishing with pre-registrations opening on Google Play and the App Store later this year.
BUSINESS
Meta's Threads expands its open social web rollout to over 100 countries
Threads users will now be able to share their posts to other ActivityPub-based federated platforms like Mastodon, and they will also be able to see and like replies.
TECHNOLOGY
Meta AI opens to Indian users across WhatsApp, Facebook, Instagram, Messenger
Meta AI is part of the Facebook parent firm's big push into generative AI as it races to be a prominent player in the AI arms race with companies such as Google, Microsoft, and OpenAI.
BUSINESS
GST Council approves enabling amendment to quash retrospective tax demands
The move, announced in the 53rd GST Council Meet, will likely pave the way towards providing relief to India's burgeoning real-money gaming (RMG) companies
TECHNOLOGY
Google pauses its plan to levy service fee on real-money gaming apps
Google is also extending the grace period for developers offering daily fantasy sports and rummy apps on Play Store in India as part of the company's pilot programme for an indefinite period.
TECHNOLOGY
Pocket FM partners ElevenLabs to help writers create AI audio series with a single click
The AI feature launch comes as Pocket FM aims to triple its content library this year and expand into new markets across Europe and Latin America regions.
TECHNOLOGY
How GST Council's 28% tax levy affects India's real-money gaming sector
GST Council's 28% tax on India's RMG sector has impacted revenues and margins of several skill-based gaming companies in the country as well as hurt investor sentiment, according to a new report.
TECHNOLOGY
Meta's Threads rolls out API to all third-party developers
Threads API will enable creators, developers and brands to build their own unique integrations and manage their Threads presence at scale
TECHNOLOGY
Google extends Gemini Android app to India with support for 9 Indian languages
Google is also making more Gemini Advanced features available in India, including the ability to upload documents, analyse data, and process significantly more information with a 1 million token context window.
TECHNOLOGY
Elon Musk's X hides all likes to 'protect user privacy'
X's move to hide likes comes on heels of the social media firm tweaking its policies to formally allow adult content on the platform
TECHNOLOGY
With 15.4 million developers, India is growing faster than the US for GitHub: CEO Thomas Dohmke
GitHub CEO Thomas Dohmke expects India to surpass the United States as the largest developer community on the Microsoft-owned developer platform by 2027
TECHNOLOGY
AI will not replace developers, will instead create more work: GitHub CEO Thomas Dohmke
Microsoft-owned developer platform GitHub had over 15.4 million developers in India as of May 2024, registering a 33 percent growth year-on-year. India is growing faster than the United States, says Thomas Dohmke in an interview with Moneycontrol.
TECHNOLOGY
Meta bolsters its WhatsApp Business offering with AI chatbots, others
Meta-owned messaging app WhatsApp is testing new AI tools for small businesses to better assist consumers in India and Singapore.
TECHNOLOGY
Amazon to acquire some assets of streaming service MX Player
The Amazon-MX Player deal signals growing consolidation in India's increasingly competitive video streaming market.
TECHNOLOGY
Nazara subsidiary Absolute Sports to buy assets of Soap Central for $1.4 million
The SoapCentral acquisition bolsters Absolute Sports' presence in the entertainment publishing sector in the United States.
TECHNOLOGY
Google puts limits on AI Overviews after it showed odd, incorrect answers to users
Google search head Liz Reid also explains why they told people to eat rocks or put glue on a pizza.
TECHNOLOGY
Nazara Technologies to take 100% ownership of Nextwave Multimedia
Nazara Technologies also plans to make investments into gaming-focused global VC firms Play Ventures and F4 Fund along with a casual gaming studio Pixode.
TECHNOLOGY
NSE should become Nasdaq in 5 years, more founders should list in India: Nazara's Nitish Mittersain
Nazara founder Nitish Mittersain says India is the brightest spot in the world. There is a strong government, a fast GDP and public markets are deep, he said. As far as his business is concerned, Mittersain says with AI reshaping every sector, deploying this nascent technology is a “strong focus area”.
