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Google rebrands AI chatbot Bard as Gemini; launches paid tier and mobile apps

BUSINESS

Google rebrands AI chatbot Bard as Gemini; launches paid tier and mobile apps

The rebranding comes as Google parent Alphabet is positioning Gemini as the main brand for all its existing and future AI efforts

Disney+ Hotstar's paid subscriber base grows to 38.3 million after four consecutive quarterly losses

BUSINESS

Disney+ Hotstar's paid subscriber base grows to 38.3 million after four consecutive quarterly losses

Disney+ Hotstar benefited from increased usage during the ICC Cricket World Cup 2023. The streaming service had set consecutive records for live viewership during the tournament

Disney to invest $1.5 billion in Fortnite maker Epic Games; games & entertainment universe on cards

BUSINESS

Disney to invest $1.5 billion in Fortnite maker Epic Games; games & entertainment universe on cards

The new games and entertainment universe will enable consumers to play, watch, create and shop for both digital and physical goods, said Disney CEO Bob Iger.

PhonePe's Indus Appstore to launch on February 21, aims to take on Google Play Store

BUSINESS

PhonePe's Indus Appstore to launch on February 21, aims to take on Google Play Store

PhonePe's Indus Appstore plans to charge a zero percent fee on in-app purchases, compared to the 15-30 percent fee levied by Google Play Store and Apple App Store

Spotify's Q4 userbase jumps 23% to 602 million; paid subscribers rise 15%

TECHNOLOGY

Spotify's Q4 userbase jumps 23% to 602 million; paid subscribers rise 15%

Spotify, which counts India among its top five markets in terms of the user base, however, didn't disclose specific information on its performance in the country for the quarter.

PhonePe, BHIM app downloads soar 20-50% amid Paytm crisis

TECHNOLOGY

PhonePe, BHIM app downloads soar 20-50% amid Paytm crisis

Paytm rivals PhonePe, BHIM and Google Pay are seeing a surge in app downloads as consumers look for alternative digital payment services

Meta's Threads now has over 130 million monthly active users, says Mark Zuckerberg

TECHNOLOGY

Meta's Threads now has over 130 million monthly active users, says Mark Zuckerberg

Mark Zuckerberg said that Threads now has more people actively using it today than it did during its initial launch peak last year.

Meta CEO Mark Zuckerberg joins fight against Apple, calls new EU App Store policies 'onerous'

TECHNOLOGY

Meta CEO Mark Zuckerberg joins fight against Apple, calls new EU App Store policies 'onerous'

Meta CEO Mark Zuckerberg has joined Spotify, Microsoft, and Epic Games among others criticising Apple's proposed App Store policies

Dream11-backed Rario's reverse sweep: Product shutdown plans abandoned

TECHNOLOGY

Dream11-backed Rario's reverse sweep: Product shutdown plans abandoned

Rario had earlier stated plans of shutting down its current product on January 29, 2024 and launching a new platform in March 2024

India well-positioned to help shape future of AI: Google DeepMind's Jeff Dean

TECHNOLOGY

India well-positioned to help shape future of AI: Google DeepMind's Jeff Dean

India has tremendous technical talent; there's a long tradition of computer science students in India doing amazing things, says Dean

Nazara Tech's Nodwin Gaming invests €8 million in Germany's Freaks 4U Gaming

TECHNOLOGY

Nazara Tech's Nodwin Gaming invests €8 million in Germany's Freaks 4U Gaming

Post this investment, Nodwin Gaming will get access to the Freaks 4U Gaming network across the developed markets, the PC ecosystem and its full-service capabilities.

Google parent to simplify organisational structure for faster execution: CEO Sundar Pichai

TECHNOLOGY

Google parent to simplify organisational structure for faster execution: CEO Sundar Pichai

Google parent company Alphabet will continue to make investments in its pursuit of AI leadership amid intense competition from rivals.

MPL-backed Mayhem Studios kicks off closed beta for Underworld Gang Wars

TECHNOLOGY

MPL-backed Mayhem Studios kicks off closed beta for Underworld Gang Wars

Underworld Gang Wars is the first AAA gaming title from Mayhem Studios. The battle royale claims to have garnered over 7 million pre-registrations

Why Spotify and Epic Games are unhappy with Apple’s proposed EU App Store policies

TECHNOLOGY

Why Spotify and Epic Games are unhappy with Apple’s proposed EU App Store policies

Apple's Core Technology Fee has become the latest flashpoint in its ongoing battle with app developers over App Store policies.

Bhavish Aggarwal's AI startup Krutrim turns unicorn after raising $50 million

TECHNOLOGY

Bhavish Aggarwal's AI startup Krutrim turns unicorn after raising $50 million

Krutrim is India's first unicorn of 2024 and also the country's first AI unicorn. It plans to build the entire AI computing stack including AI models and indigenous data centers

Drama of sport: Why Netflix is spending $5 billion to buy WWE programming rights

TECHNOLOGY

Drama of sport: Why Netflix is spending $5 billion to buy WWE programming rights

Netflix co-CEO Ted Sarandos said the WWE deal is a unique one and does not signal any change in their sports strategy.

Nazara Tech's Nodwin Gaming to buy Comic Con India for Rs 55 crore

TECHNOLOGY

Nazara Tech's Nodwin Gaming to buy Comic Con India for Rs 55 crore

Nodwin Gaming plans to expand the number of festivals from Comic Con India and also extend its reach to more cities and countries.

Dream Sports-backed Rario to shut its product, launch new platform in March 2024

TECHNOLOGY

Dream Sports-backed Rario to shut its product, launch new platform in March 2024

Rario founders Ankit Wadhwa and Sunny Bhanot had left the company in August 2023, a year after the startup had raised $120 million funding led by Dream Sports, the parent firm of Dream11.

Netflix bags exclusive rights to WWE's 'Raw' in big live sports push

TECHNOLOGY

Netflix bags exclusive rights to WWE's 'Raw' in big live sports push

Netflix is paying over $5 billion in a 10-year deal to stream WWE's flagship weekly programme, Raw, starting in 2025.

Dream11's FY23 revenue soars by 66%, auditor flags impact of GST demand

TECHNOLOGY

Dream11's FY23 revenue soars by 66%, auditor flags impact of GST demand

Dream Sports, the parent company of fantasy sports major Dream11, saw its profit after tax grow by 32.4 percent to Rs 188 crore in FY23 from Rs 142 crore in FY22.

Google will soon let you 'circle' to search across any app on Android

TECHNOLOGY

Google will soon let you 'circle' to search across any app on Android

Google's new generative AI search features comes as the tech giant looks to reimagine its core search engine business amid rising competition and shifting consumer behaviour

Nazara Tech gets board nod to raise Rs 250 crore; buys 10.7% stake in Kofluence

BUSINESS

Nazara Tech gets board nod to raise Rs 250 crore; buys 10.7% stake in Kofluence

Nazara Technologies and Kofluence plan to launch an influencer-driven game discovery platform, wherein influencers will promote Nazara's games across various social media platforms.

Davos 2024: YouTube will be 'incredibly vigilant' in combating deepfakes, says Neal Mohan

TECHNOLOGY

Davos 2024: YouTube will be 'incredibly vigilant' in combating deepfakes, says Neal Mohan

The YouTube CEO's comments come ahead of a busy election season in India and several other countries, where governments are formulating strategies to regulate deepfakes and other AI-generated content

Google to start levying service fee on real-money gaming apps

TECHNOLOGY

Google to start levying service fee on real-money gaming apps

Google plans to allow real-money gaming apps beyond daily fantasy and rummy apps on Play Store in India, Mexico and Brazil from June 2024

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