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Krafton-backed Blue Ocean Games launches $30-million fund for indie game developers

BUSINESS

Krafton-backed Blue Ocean Games launches $30-million fund for indie game developers

Blue Ocean Games aims to support more than 100 indie developers over the next three years, with focus on nurturing Indian talent

Reddit rolls out AI-powered Answers feature to India, UK, Australia, others

TECHNOLOGY

Reddit rolls out AI-powered Answers feature to India, UK, Australia, others

Reddit Answers uses generative AI to answer user questions with curated summaries of relevant conversations across the platform

Zupee turns profitable with Rs 146 crore PAT in FY24; revenue crosses Rs 1,000 crore mark

BUSINESS

Zupee turns profitable with Rs 146 crore PAT in FY24; revenue crosses Rs 1,000 crore mark

This marks Zupee's first full-year of profitability since its inception in 2018.

Krafton selects six startups for the second cohort of its India-focused gaming incubator

STARTUP

Krafton selects six startups for the second cohort of its India-focused gaming incubator

Krafton has roped in partners such as AccelByte, AppMagic, Liftoff's GameRefinery, and AWS to help startups boost their tech capabilities.

Netflix is exploring how AI can help content creators: Ted Sarandos

TECHNOLOGY

Netflix is exploring how AI can help content creators: Ted Sarandos

AI-powered tools is helping small budget projects to have access to advanced visual effects, Sarandos said.

Netflix co-founder Reed Hastings shifts to board chairman role

BUSINESS

Netflix co-founder Reed Hastings shifts to board chairman role

Reed Hastings, who founded Netflix with Marc Randolph in 1997, became the company's executive chairman in January 2023. He had served as the company's sole CEO for about two decades until 2020.

JetSynthesys secures investment from Krafton, others for global expansion

STARTUP

JetSynthesys secures investment from Krafton, others for global expansion

JetSynthesys plans to replicate its India playbook in markets such as Japan, the United States, the United Kingdom, the Middle East and North Africa (MENA) region and Southeast Asia.

Spotify boosts ad offerings in India with Ad Exchange launch

TECHNOLOGY

Spotify boosts ad offerings in India with Ad Exchange launch

Spotify's Ad Exchange launch in India follows a six-month pilot in partnership with The Trade Desk in the United States and Canada.

Meta tapping states for e-governance push via Llama AI, WhatsApp, says India head Sandhya Devanathan

BUSINESS

Meta tapping states for e-governance push via Llama AI, WhatsApp, says India head Sandhya Devanathan

Andhra Pradesh, Maharashtra, and Odisha are collaborating with Meta to launch WhatsApp-based chatbots for quick access to various services for citizens through a single number.

GitHub COO Kyle Daigle on 'vibe coding' and why one should still learn to code in the AI era

TECHNOLOGY

GitHub COO Kyle Daigle on 'vibe coding' and why one should still learn to code in the AI era

In an interview, GitHub COO Kyle Daigle also spoke about what’s next for the Microsoft-owned developer platform and the future of AI-powered programming

GitHub is adding one million developers in India every 3 months: COO Kyle Daigle

BUSINESS

GitHub is adding one million developers in India every 3 months: COO Kyle Daigle

Student education will be a big focus area for GitHub in India, Daigle said. This includes helping high school and university students adopt AI-powered software development.

Meta rolls out Llama 4 as race for AI dominance heats up

TECHNOLOGY

Meta rolls out Llama 4 as race for AI dominance heats up

Meta Llama 4 will also power the company's AI assistant Meta AI on the web and Meta-owned apps such as WhatsApp, Instagram, and Messenger.

Pratilipi raises $20 million led by Jungle Ventures to expand into US, new formats

STARTUP

Pratilipi raises $20 million led by Jungle Ventures to expand into US, new formats

Pratilipi launched its core online literature product in the United States a few days ago. The startup plans to expand to new formats such as animation and vertical drama shows.

Amazon to offer Apple TV+ as an add-on subscription on Prime Video in India

BUSINESS

Amazon to offer Apple TV+ as an add-on subscription on Prime Video in India

Amazon will offer Apple TV+ streaming service as an add-on subscription service to Prime members in India for a monthly fee of Rs 99

Alphabet-backed Isomorphic Labs bags $600 million funding to build next-gen AI drug design engine

BUSINESS

Alphabet-backed Isomorphic Labs bags $600 million funding to build next-gen AI drug design engine

Isomorphic Labs is raising money in its first-ever external funding round from Thrive Capital, a big backer of ChatGPT developer OpenAI

Google Play Store case: NCLAT partially upholds CCI's antitrust order, slashes penalty to Rs 216.7 crore

BUSINESS

Google Play Store case: NCLAT partially upholds CCI's antitrust order, slashes penalty to Rs 216.7 crore

In October 2022, CCI had imposed a penalty of Rs 936.44 crore on Google for abusing its dominant position with regard to its Play Store policies

BGMI maker Krafton acquires controlling stake in Nautilus Mobile for Rs 118 crore

TECHNOLOGY

BGMI maker Krafton acquires controlling stake in Nautilus Mobile for Rs 118 crore

Nautilus Mobile is Krafton's first acquisition in India. The Pune-based gaming studio is best known for developing the Real Cricket mobile game franchise.

Netflix, WWE bank on India’s love for drama to fuel growth

BUSINESS

Netflix, WWE bank on India’s love for drama to fuel growth

Through WWE content, Netflix is looking to expand its base in India, a market that is becoming increasingly important for its growth

India’s plan to remove 6% equalisation levy a shot in the arm for Google, Meta; ad spend set to surge

BUSINESS

India’s plan to remove 6% equalisation levy a shot in the arm for Google, Meta; ad spend set to surge

Scrapping the 6% equalisation levy could make advertising more affordable, particularly benefiting startups and small enterprises in India, experts said

Nasscom welcomes FinMin's proposal to drop 6% equalisation levy, says positive for India-US trade talks

BUSINESS

Nasscom welcomes FinMin's proposal to drop 6% equalisation levy, says positive for India-US trade talks

The Finance Bill 2025-26 proposes eliminating the 6 percent Equalisation Levy on online advertising services, effective April 1, 2025, a move that will benefit tech giants like Google, Meta.

PM Modi’s embrace of open-source AI signals a more democratic tech future, says Meta's Joel Kaplan

TECHNOLOGY

PM Modi’s embrace of open-source AI signals a more democratic tech future, says Meta's Joel Kaplan

Meta's global affairs chief Kaplan said US President Trump and his administration are much more interested in expanding the freedom of expression online than the previous Joe Biden administration.

Cricket hasn’t had a breakout big-budget game, LightFury Games wants to change it with ‘E-Cricket’

TECHNOLOGY

Cricket hasn’t had a breakout big-budget game, LightFury Games wants to change it with ‘E-Cricket’

E-Cricket is the first title from LightFury Games, developed in collaboration with Amazon Web Services. Set for an early 2026 debut, the real-time multiplayer social game is designed to be 'unpredictable'

PhonePe's Indus Appstore partners Xiaomi India to bolster its homegrown Google Play challenger

STARTUP

PhonePe's Indus Appstore partners Xiaomi India to bolster its homegrown Google Play challenger

Xiaomi will pre-install Indus Appstore on devices sold in India and also replace its app marketplace GetApps on existing devices

Nazara Technologies COO Sudhir Kamath to step down

BUSINESS

Nazara Technologies COO Sudhir Kamath to step down

Sudhir Kamath is leaving Nazara Technologies after a two-and-a half year stint to relocate to his home town Delhi. He had joined the company in October 2022.

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