BUSINESS
Apple nearly doubled its India revenue in June quarter: CEO Tim Cook
The Apple CEO also said the company would be "more deliberate" in hiring people amid a tough economic environment
BUSINESS
Google, Apple pull down Krafton's BGMI game from app stores in India
Krafton had claimed earlier this month that BGMI had surpassed 100 million registered users in India.
BUSINESS
As Reels crosses $1 bn annual revenue run rate, Meta doubles down on algorithm-driven content
Reels ads has crossed an annual revenue run rate of $1 billion and also has a higher revenue run rate than Stories did at identical times post launch, Mark Zuckerberg said.
BUSINESS
Meta to cut down on headcount growth after first revenue loss: Mark Zuckerberg
A slew of tech companies such as Alphabet, Microsoft and Snap Inc have taken similar steps to rein in their hiring growth rate in recent months
BUSINESS
Spotify's Q2 user base jumps to 433 million on 'outperformance' in India, Indonesia
Paying subscribers for Spotify grew by 14 percent year-on-year to 188 million during the quarter.
TRENDS
MapmyIndia unveils its own street view product to take on Google
Users will be able to see interactive 360-degree panoramic views of tourist landmarks, beaches, residential colonies and apartment societies, office towers and complexes
TRENDS
Google aims to help reduce traffic congestion and improve road safety in India with key tie-ups
Google Maps will now start showing speed limits prompts, based on the data shared by local traffic authorities.
TRENDS
Google is bringing back Street View to India
Street View's India rollout is the first time that Google has tied up with local partners to offer the service to consumers, a model it hopes to scale in other parts of the world as well.
BUSINESS
Amazon rolls out major redesign for Prime Video in India
The redesign comes at a time when Amazon Prime Video has been ramping up its original programming in the country
BUSINESS
Pocket FM to offer its audiobook library through Flipkart
Pocket FM entered the audiobook market in March this year and claims to be selling over 120,000 audiobooks on a monthly basis.
BUSINESS
Twitter says it has spent $33 million in Q2 2022 on pending acquisition by Elon Musk
Twitter sued Musk earlier this month to enforce the merger agreement, days after the billionaire said he was terminating his $44 billion deal to acquire the social media firm.
BUSINESS
Snapchat parent to 'substantially' slow down hiring rate as revenue growth takes a hit
Snap Inc CEO Evan Spiegel said they are evolving their business and strategy to reaccelerate revenue growth
BUSINESS
Facebook's latest redesign doubles down on recommended content with chronological feed
The social networking giant is splitting its feed into two different feeds - a Home tab and a new Feeds tab.
STARTUP
Dream11 parent Dream Sports signs 5-year deal with New Zealand Cricket for NFTs, gaming & merchandising
NZC chief executive David White said this partnership represent a step "into the metaverse for his organisation"
BUSINESS
Twitter now lets you follow Tamil topics like Rajinikanth, AR Rahman, Chennai Super Kings
The feature has been rolled out to all Twitter users on Android, iOS and web apps who have set Tamil as their primary language on Twitter.
BUSINESS
For Netflix, Asia Pacific keeps driving subscriber growth
Netflix's average revenue per member declined by 2% in APAC due to price cuts in India, partially offset by higher earnings in Korea and Australia.
BUSINESS
YouTube to roll out shopping destination in India next week
YouTube also announced a partnership with Shopify to enable creators and merchants to feature their products across their YouTube channels and videos
BUSINESS
Sony's Crunchyroll slashes price of anime-streaming service in India
Crunchyroll is also expanding its content library and introducing Hindi-dubbed anime content in India
BUSINESS
Exclusive | We've run our business with the idea that it should always be profitable: Dream11's Bhavit Sheth
The fantasy sports platform, one of India’s most valuable startups, grew its user base to more than 135 million-odd users, adding around 12-13 million in the just-concluded IPL.
BUSINESS
Netflix partners with Microsoft for upcoming ad-supported subscription plan
Microsoft said ads served on Netflix will be exclusively available through its platform and marketers will have access to the Netflix audience and premium connected television inventory.
BUSINESS
Elon Musk-Twitter saga: Here's a quick timeline
A quick look at what has happened in the Elon Musk - Twitter deal so far.
BUSINESS
Media tech unicorn Amagi aims to IPO in India: Co-founder Baskar Subramanian
Profitability is an addictive phenomenon. Once you become profitable, you want to be profitable, says Amagi co-founder Baskar Subramanian.
BUSINESS
India will be among the top countries in spending on games in 4-5 years: Nazara Technologies founder
CEO Manish Agarwal called the present period a ‘beautiful golden decade’. Many other business models, such as eSports, are emerging. What was seen in IPL auctions will be seen in eSports auctions, he said
BUSINESS
Intuit to stop offering QuickBooks Online products in India from January 2023
The firm, however, said this will not impact Intuit’s presence in India, where it has over 1,300 employees.
