TECHNOLOGY
Google India country head Sanjay Gupta elevated as APAC president
India is Google's largest market in terms of users and a critical region for its future growth including its artificial intelligence efforts.
TECHNOLOGY
Google Cloud's Q2 revenue crosses $10 billion, operating profit $1billion
Google Cloud's strong performance along with a rise in digital advertising sales drove Alphabet's revenue growth in the second quarter
TECHNOLOGY
Meta AI gets multilingual with support for 7 languages including Hindi
Meta is also releasing Llama 3.1, the latest version of its open source large language model that will be available in 8B, 70B and 405B versions.
TECHNOLOGY
Spotify's Q2 paid subscribers rise 12% to 246 million; clocks record quarterly profit
Spotify's continued subscriber growth in Q2 2024 helped the streaming service achieve its second consecutive quarter of record profit growth.
ENTERTAINMENT
India becomes Netflix's 2nd largest market in paid user additions in June quarter
Netflix said India growth was driven by big successful original titles such as Sanjay Leela Bansali's Heeramandi: The Diamond Bazaar and Imtiaz Ali's Amar Singh Chamkila during the quarter.
TECHNOLOGY
Bhavish Aggarwal unveils new Ola Maps pricing day after Google Maps cuts rates
Google recently said it is slashing the rates for the Google Maps platform for developers in India by as much as 70 percent from August 1, 2024.
TECHNOLOGY
Google to slash Maps Platform pricing for Indian developers by up to 70% from August 1
Google Maps API price reduction comes at a time when Ola chief Bhavish Aggarwal has been publicly encouraging developers to adopt Ola Maps for their mapping needs.
TECHNOLOGY
Google, MeitY Startup Hub to train 10,000 Indian startups in AI
Google also unveiled a series of tools, programmes and partnerships to help developers who are building AI solutions and products for India and the world
BUSINESS
Google woos India's booming AI developer community with new tools, access to latest models
Google's move is aimed at helping developers in building AI-driven products and solutions for both domestic and global markets.
TECHNOLOGY
Ola-Uber challenger Namma Yatri pilots auto, cab rentals
Ride-hailing firm Namma Yatri, built on top of ONDC, is expanding its offerings as the company looks to compete with rivals Uber and Ola.
TECHNOLOGY
Swiggy founders, Cred's Kunal Shah, DeVC, others invest in gaming startup Felicity Games
Felicity Games has launched over 10 game titles within a year of its launch. These games are played by more than a million monthly users across 14 geographies.
TECHNOLOGY
Gaming studios to PM Modi: Need clear distinction between video games and RMG
A group of 70 video game studios and esports companies have sought a comprehensive video games-focussed policy in line with global best practices. It has also requested that the I&B ministry be designated as the nodal agency for video games
TECHNOLOGY
Meta's Threads now has over 175 million monthly active users, says Mark Zuckerberg
Threads, designed as rival to Elon Musk's X, has been steadily building a range of new features to attract more users onto its platform.
TECHNOLOGY
Nazara’s Nodwin Gaming to take 100% ownership of Germany-based Freaks 4U Gaming for Rs 271 cr
Freaks 4U Gaming's acquisition is expected to bolster Nodwin Gaming's capabilities in PC gaming and games publishing support services along with access to developed markets.
TECHNOLOGY
Google Translate adds support for 110 languages, including several Indian languages
Google Translate has added support for many Indian languages such as Tulu, Marwadi, Awadhi, Khasi, Santali, and Kokborok. Globally, the translation product now supports around 243 languages.
TECHNOLOGY
Nazara Technologies to publish nCore's upcoming made-in-India game FAU-G: Domination
FAU-G: Domination will be marketed and distributed by Nazara Publishing with pre-registrations opening on Google Play and the App Store later this year.
BUSINESS
Meta's Threads expands its open social web rollout to over 100 countries
Threads users will now be able to share their posts to other ActivityPub-based federated platforms like Mastodon, and they will also be able to see and like replies.
TECHNOLOGY
Meta AI opens to Indian users across WhatsApp, Facebook, Instagram, Messenger
Meta AI is part of the Facebook parent firm's big push into generative AI as it races to be a prominent player in the AI arms race with companies such as Google, Microsoft, and OpenAI.
BUSINESS
GST Council approves enabling amendment to quash retrospective tax demands
The move, announced in the 53rd GST Council Meet, will likely pave the way towards providing relief to India's burgeoning real-money gaming (RMG) companies
TECHNOLOGY
Google pauses its plan to levy service fee on real-money gaming apps
Google is also extending the grace period for developers offering daily fantasy sports and rummy apps on Play Store in India as part of the company's pilot programme for an indefinite period.
TECHNOLOGY
Pocket FM partners ElevenLabs to help writers create AI audio series with a single click
The AI feature launch comes as Pocket FM aims to triple its content library this year and expand into new markets across Europe and Latin America regions.
TECHNOLOGY
How GST Council's 28% tax levy affects India's real-money gaming sector
GST Council's 28% tax on India's RMG sector has impacted revenues and margins of several skill-based gaming companies in the country as well as hurt investor sentiment, according to a new report.
TECHNOLOGY
Meta's Threads rolls out API to all third-party developers
Threads API will enable creators, developers and brands to build their own unique integrations and manage their Threads presence at scale
TECHNOLOGY
Google extends Gemini Android app to India with support for 9 Indian languages
Google is also making more Gemini Advanced features available in India, including the ability to upload documents, analyse data, and process significantly more information with a 1 million token context window.
