BUSINESS
Meta chief business officer Marne Levine to step down
This development comes on heels of Meta CEO Mark Zuckerberg's comments on making the company a more stronger and nimble organisation, terming 2023 as the "year of efficiency"
BUSINESS
Disney+ Hotstar loses 3.8 million paid subscribers in its biggest quarterly decline to date
Disney+ Hotstar's paid member base dropped 6 percent to 57.5 million for the quarter. This comes amid a major reorganisation at the media and entertainment giant under the recently reinstated CEO Bob Iger
TECHNOLOGY
Twitter Blue now available in India; prices start at Rs 650 per month
The revamped Twitter Blue subscription gives users a verified checkmark and a range of additional features including the ability to edit tweets.
TECHNOLOGY
Google unveils new AI features in Search, Maps amid escalating battle with Microsoft
Google's Prabhakar Raghavan said they have "long been pioneers in the space, not just in our research but also in how we bring those breakthroughs to the world and our products in a responsible way"
TECHNOLOGY
Google unveils ChatGPT rival Bard, AI search plans in battle with Microsoft
The ascent of ChatGPT, a chatbot from Microsoft-backed OpenAI that could disrupt how consumers search for information, has been one of the biggest challenges to Google in recent memory
BUSINESS
Draft gaming rules: Dream Sports, MPL, Games24x7, others write to MeitY against IAMAI's view
India's top gaming firms say they were not consulted by IAMAI despite being members of its gaming committee while issuing its statement on the country's draft gaming rules
BUSINESS
WhatsApp Business to get more expensive. Will it lead to less spam?
Businesses are currently charged a flat Rs 0.48 per conversation; however, beginning June 1, 2023, they will be charged based on the category of the conversation.
BUSINESS
Apple CEO Tim Cook bullish on India, says it is a "major focus" market
Apple is putting a significant amount of energy to grow its business in India, says CEO Tim Cook
BUSINESS
Meta CEO Mark Zuckerberg to flatten organisation structure, use AI to make engineers more productive
Mark Zuckerberg said they are working on flattening its organisation structure and removing few layers of middle management to make decisions faster
BUSINESS
Budget 2023: Online gaming sector gets a boost with better clarity on taxation
Budget 2023: Startup founders hail the government's move to rationalize direct taxes in the online gaming sector, while some await more clarity
BUSINESS
Spotify's Q4 user base rises to 489 million on 'outperformance' in India, Indonesia
Spotify also crossed another milestone with 200 million paid subscribers across the world during the quarter
BUSINESS
Snap's India unit profit more than doubles to Rs 6.2 crore in FY22
Total revenue for Snap's India unit grew to Rs 65.88 crore for the financial year, registering a 101.4 percent increase from Rs 32.7 crore in the previous fiscal.
BUSINESS
Google tweaks Android licensing terms in India, allows third-party billing for all apps
Google said device makers will be able to license individual Google apps for pre-installation on their devices
BUSINESS
Studio Sirah bags $2.6 million funding led by Kalaari Capital, Lumikai
Studio Sirah plans to use the funds raised to globally launch its flagship gaming title 'Kurukshetra: Ascension' by June 2023
BUSINESS
JetSynthesys buys majority stake in Fanory, ropes in ex-Twitter India head Manish Maheshwari as president
Fanory is a creator monetisation platform that enables creators to connect with their superfans through a personalised app.
BUSINESS
Budget 2023: What gaming firms want from FM Sitharaman
The gaming sector is poised to offer over 200,000 direct and indirect jobs in the coming years and contribute over Rs 60,000 crore in tax revenue by 2025
BUSINESS
CCI's Android antitrust order: Google says it will cooperate with watchdog after SC's decision
Google said it will continue to appeal against CCI's Android antitrust order.
BUSINESS
Netflix's paid password sharing to roll out "more broadly" in Q1 2023
"There's no big strategy shift or big culture shifts," Netflix's new co-CEO Greg Peters said during the company's post-earnings interview
BUSINESS
Gupshup's new tool aims to help enterprises build ChatGPT-like chatbots
Gupshup is launching a new tool called Auto Bot Builder that will build powerful chatbots customised to an enterprise using proprietary enterprise knowledge base and domain expertise.
BUSINESS
Draft rules | Don't keep video games, real-money ones under same regulatory purview: Gaming studios tell MeitY
A consortium of over 40 gaming studios have sought that video games be regulated through an India-specific age and content rating mechanism by setting up a video games industry-specific self-regulatory body
INDIA
Twitter India is emptying out its offices
Sources said that the process was initiated in December. The company has around 150 seats at the WeWork facility in Mumbai’s BKC, and around 80 seats at The Executive Centre in Delhi’s Qutub area.
BUSINESS
Giga Fun Studios bags $2.4 million seed funding to build Indian culture-based casual games
Giga Fun Studios plans to use the funds to build next-generation casual games for Indian and global audiences and 'invest heavily' in building a team of casual game developers
BUSINESS
India's draft online gaming rules: What real-money gaming startups and industry bodies are saying
The draft regulations are expected to shape the future of the burgeoning online gaming industry in the country. It comes amid unprecedented growth the sector has witnessed in recent years.
BUSINESS
Govt releases draft online gaming rules for public consultation
These draft regulations come at a time when India's gaming sector has seen unprecedented growth in terms of app downloads and revenue
