TECHNOLOGY
Why AMD chose India to set up its largest global design centre
AMD CTO Mark Papermaster told Moneycontrol that they chose the India market to set up its largest design facility because the local India team has demonstrated a capability to hire great talent and to grow its leadership.
TECHNOLOGY
AMD unveils its largest global design centre in Bengaluru; will house 3,000 engineers
AMD’s new Bengaluru facility is part of the $400 million India investment announced by the chip design firm at Semicon 2023.
TECHNOLOGY
Hybrid work setups will require a new set of tools for employees: Slack co-founder Cal Henderson
The pandemic accelerated changes that were already happening in the workplace and took us forward five or 10 years in terms of workplace habits, said Slack co-founder Cal Henderson
BUSINESS
JetSynthesys partners with Japan's Digital Hearts Holdings to widen the market
Digital Hearts Holdings will invest in JetSynthesys Japan and also form a joint venture to expand its debugging businesses in India
BUSINESS
India vs Australia final: Disney+ Hotstar sets new global live streaming record during ICC World Cup 2023
Disney+ Hotstar, the current market leader in India's booming streaming landscape, has been on a back-to-back record-breaking streak over the past month
BUSINESS
India is a 'big opportunity market' for Slack: Co-founder Cal Henderson
Slack has been doubling down on its India presence over the past year in a bid to capitalise on the rising adoption of hybrid work models
BUSINESS
YouTube to allow Shorts creators make music with AI vocals of prominent artistes
YouTube has onboarded nine popular artistes including Charlie Puth, Charli XCX, Demi Lovato, John Legend, and Sia for this AI music experiment
BUSINESS
India Vs New Zealand: Disney+ Hotstar hits 53 million concurrent viewers to set new streaming record
Disney+ Hotstar has surpassed its previous record of 44 million concurrent viewers, which was set during India versus South Africa match on November 5.
BUSINESS
Madras HC sets aside Tamil Nadu govt's ban on online rummy, poker; firms welcome move
The Madras High Court has restricted Tamil Nadu's online gambling law to only games of chance. The state can however make rules to regulate the time spent or age limits for skill-based games
BUSINESS
Disney+ Hotstar loses 2.8 million subscribers in fourth consecutive quarterly decline
Disney CEO Bob Iger says they would like to stay in the India market and are considering their options, amidst deal talks over its Disney Star business.
BUSINESS
Excited about AI's role in image, video creation than chatbots: Snap's Evan Spiegel
Spiegel said that the company has been making significant investments in AI to simplify the process of creating 3D images and developing more immersive AR lenses for creators.
BUSINESS
ICC World Cup 2023: Disney+ Hotstar sets new global live streaming record during India vs South Africa
The service witnessed a peak concurrency of 44 million viewers, surpassing the previous record of 43 million viewers set during the India vs New Zealand cricket match just a fortnight ago on October 22.
BUSINESS
India a major focus market for Apple, says CEO Tim Cook
India has emerged as one of the bright spots for Apple in recent quarters. The company hit an all-time revenue record in the country in the September quarter, registering a strong double digit growth, Cook said
BUSINESS
VC fund Lumikai slashes revenue forecast for India's gaming industry
The Indian gaming market is projected to hit the $7.5 billion revenue mark by FY28, a drop from $8.6 billion projected revenue for FY27 that were disclosed in a report unveiled in November 2022.
BUSINESS
IndiGG owner Kratos Studios allocates Rs 50 crore to help studios bring their games to blockchain
Through its Kratos Games Network initiative, the Accel and Prosus Ventures-backed startup aims to identify the first set of 10-15 gaming studios by March 2024
BUSINESS
Nodwin Gaming CEO Siddharth Kedia steps down
Nodwin Gaming parent Nazara Technologies is also losing another executive from its senior management with the resignation of telecom business head Chirag Shah.
BUSINESS
Nazara Technologies unveils game publishing unit for Indian, global developers
Nazara Technologies plans to launch up to 20 games across mobile, web3, VR and PC over the next 18 months, with a minimum investment of Rs 1 crore per game.
BUSINESS
Elon Musk's X launches 2 subscription tiers, with prices starting from Rs 244
Elon Musk has sought to grow X's subscription revenue to diversify its revenue streams beyond advertising in recent months
BUSINESS
Meta’s Threads has nearly 100 million monthly active users: CEO Mark Zuckerberg
Threads has a good chance to become the next billion-user social network in Meta's suite of apps, that includes Facebook, Instagram, WhatsApp, and Messenger, Zuckerberg said.
BUSINESS
Meta CEO Mark Zuckerberg says revenue from Click-to-Message ads in India doubled YoY
In February 2023, Zuckerberg had said that Click-to-Message ads had reached a $10 billion revenue run-rate globally.
BUSINESS
Google parent to make 'meaningful' investments to double down on its AI efforts, says CEO Sundar Pichai
Alphabet spent over $8 billion in Q3 2023, driven “overwhelmingly” by investments in AI compute and other technical infrastructure.
BUSINESS
Spotify posts profit in Q3 after price hike; user base jumps 26% to 574 million
Spotify's quarterly performance was helped by 16% YoY growth in its paid subscriber base to 226 million subscribers in Q3 2023
BUSINESS
ICC World Cup 2023: India vs New Zealand match helps Disney+ Hotstar set new global streaming record
India vs New Zealand match during the ICC Men's Cricket World Cup 2023 drew in 43 million peak concurrent viewers on Disney+ Hotstar, breaking the 35 million viewership record set by the service last week.
BUSINESS
Google to scale up its Pixel smartphone business in India amid a booming premium market
Google's hardware chief Rick Osterloh believes the future of computing will be driven by generative artificial intelligence
