BUSINESS
Spotify's 2021 Wrapped gives users a peek into their listening habits this year
Spotify Wrapped has garnered a cult following in recent years due to its personalised experience to users.
BUSINESS
Smart, calm, execution-focussed: Twitter CEO Parag Agrawal has his task cut out
At 37, Agrawal is the youngest CEO of any S&P 500 company in the US. He takes over at a time when the company is still playing catchup with fellow social media majors such as Facebook and Snap.
BUSINESS
Twitter expands safety policy to ban sharing of private images, videos without consent
The move comes amid growing concerns about the misuse of private media and information as a tool to harass, intimidate, and reveal the identities of individuals.
BUSINESS
Who is Parag Agrawal, the new CEO of Twitter?
Agrawal joins the elite list of global tech CEOs from India such as Microsoft’s Satya Nadella, Google’s Sundar Pichai, and IBM's Arvind Krishna.
STARTUP
Investments in gaming startups soar to record high, may double in 12-18 months
Real money games and fantasy sports attracted the majority of the investments in the sector, bagging around $700 million in the first nine months of 2021,
BUSINESS
Nykaa gives a peek into its live commerce ambitions
Live commerce is estimated to drive gross merchandise value (GMV) of $4-$5 billion by 2025.
BUSINESS
Mobile gaming to become a $5-billion market in India by 2025: Report
With a 39% CAGR growth in FY20, the gaming sector is growing faster than most media sub-sectors in India including social media (11%) and video streaming (26%)
CRYPTOCURRENCY
Will uncertainty over India's crypto regulation impact job creation?
The crypto industry currently employs about 50,000 people and has the potential to create 8,00,000 jobs by 2030
BUSINESS
Dream11 parent Dream Sports bags $840 million funding at $8 billion valuation
Dream Sports claims to have a user base of over 140 million users and employs close to 1,000 people.
BUSINESS
Spotify's new Netflix hub offers playlists and soundtracks from hit shows
The Netflix hub will be available for Spotify's free and premium users in India, the United States, Canada, Australia, New Zealand, the United Kingdom, and Ireland.
STARTUP
Carl Pei's 'Nothing' has Karan Johar, Yuvraj Singh, Ranveer Allabadia among investors
London-headquartered Nothing plans to build a suite of smart, connected consumer technology products.
BUSINESS
Myntra forays into influencer-driven live commerce with M-Live
Myntra will become one of the first major ecommerce platforms in the country to adopt the live shopping model, which has seen significant success in China.
BUSINESS
Truecaller hits 300 million monthly active user milestone
India is the largest market for Truecaller with over 220 million monthly active users, up from 178.1 million users as of September last year.
BUSINESS
Clubhouse ropes in former TikTok executive Parijat Kaushik as its first India hire
This is the first country-specific appointment by the social audio startup outside the US and Parijat Kaushik will be responsible for scaling Clubhouse's operations in India
BUSINESS
Android engg team in India will look at developing devices beyond smartphones: Google India GM
Device financing will be one of the most important drivers to solve the challenge of affordability in the country, said Ram Papatla, general manager and India engineering lead for Android.
STARTUP
Clevertap appoints former Freshworks exec Sidharth Malik as its global CEO
CleverTap helps digital consumer brands to increase their customer retention and lifetime value
BUSINESS
Instagram's latest pilot allows users to add music to their feed posts in India, Brazil and Turkey
Users having this feature will be able to add music while uploading their feed photo. Quite similar to how people can add music to Stories, they will be able to browse through various music clips in the “Trending” or “For You” sections or search for any specific song.
BUSINESS
Google announces Assistant-enabled vaccine booking pilot, several India-first features
These features are aimed at helping new Internet users in the country get easier access to information in Indian languages and create more natural ways for local language speakers to interact with the internet.
BUSINESS
Hotmail creator Sabeer Bhatia's next big idea: ShowReel
ShowReel lets users make short video profiles by responding to a set of 8-9 recorded questions in a conversation format.
BUSINESS
India is 18 months away from fundamental change in online video advertising: Amagi co-founder
In September, Amagi raised $100 million from investors such as Accel, Avataar Ventures, Norwest Venture Partners and existing investor Premji Invest to double down on its cloud-based solutions for broadcast and streaming TV firms.
BUSINESS
Spotify to accelerate its audiobooks expansion with Findaway purchase
The audiobooks market is currently dominated by Amazon's Audible with other players such as Apple and Google in the fray.
BUSINESS
Disney+ Hotstar sees first-ever quarterly decline in its subscriber base
Disney+ Hotstar accounted for about 37% of Disney+'s total paid subscriber base at the end of the fourth quarter that stood at 118.1 million
BUSINESS
TV streaming service fuboTV to acquire Bengaluru-based sports tech startup Edisn.ai
This acquisition will help fuboTV bolster its technology capabilities, especially in terms of integrating interactivity to its live streaming platform
TRENDS
Netflix is launching mobile games for iOS users
At launch, Netflix will offer a lineup of five mobile games to its paid members.
