TECHNOLOGY
MPL-backed web3 fantasy platform Striker to shut down operations
Striker allows users to collect digital player trading cards and make fantasy cricket teams to compete in contests and win cash prizes. Users can also trade player cards to earn money from Striker's marketplace.
TECHNOLOGY
Meta's new test to show Threads posts on Mastodon amid an interoperability push
Instagram head Adam Mosseri said that they are starting with the ability to follow Threads users from ActivityPub clients and will soon add the ability to follow accounts from ActivityPub servers on Threads.
TECHNOLOGY
Elon Musk's xAI extends its AI chatbot Grok to India, others
Grok is available to subscribers of X Premium+, the top subscription tier of X. It is being rolled out in a phased manner, granting early access to longstanding subscribers across web, iOS and Android.
TECHNOLOGY
Google releases Gemini Pro, new AI tools for developers and enterprises
With Gemini Pro launch, Google aims to attract more developers to its cloud offerings amid intense rivalry with Microsoft.
TECHNOLOGY
Google's AI chatbot Bard gets its biggest upgrade with Gemini launch
Google will introduce Bard Advanced early next year that will offer users access to its most advanced models and capabilities starting with Gemini Ultra.
TECHNOLOGY
Google unveils Gemini, its largest AI model, to take on OpenAI
Google's Gemini is "multimodal" in nature, which means it can understand and work with different formats, including text, code, audio, image, and video, at the same time
TECHNOLOGY
India's leading gaming industry bodies adopt voluntary code of ethics. What you need to know
MeitY's gaming rules are yet to be implemented. All code signatories have pledged to "undertake best efforts" to adopt the code's practices.
TECHNOLOGY
SEBI-like regulator is key for growth of India’s real-money gaming industry: Dream Sports CEO Harsh Jain
Fantasy sports is more similar to the stock market than gambling or betting, says Dream Sports co-founder Harsh Jain.
TECHNOLOGY
Audio streaming service Spotify to cut 17% of global workforce
Spotify had posted an operating profit of €32 million in Q3 2023, marking the company's first profitable quarter in two years.
TECHNOLOGY
PhonePe’s Indus Appstore onboards real-money gaming apps ahead of public launch
These partnerships are expected to give a major boost to Indus Appstore as the company looks to challenge the dominant Google Play Store in mobile app distribution.
TECHNOLOGY
Why AMD chose India to set up its largest global design centre
AMD CTO Mark Papermaster told Moneycontrol that they chose the India market to set up its largest design facility because the local India team has demonstrated a capability to hire great talent and to grow its leadership.
TECHNOLOGY
AMD unveils its largest global design centre in Bengaluru; will house 3,000 engineers
AMD’s new Bengaluru facility is part of the $400 million India investment announced by the chip design firm at Semicon 2023.
TECHNOLOGY
Hybrid work setups will require a new set of tools for employees: Slack co-founder Cal Henderson
The pandemic accelerated changes that were already happening in the workplace and took us forward five or 10 years in terms of workplace habits, said Slack co-founder Cal Henderson
BUSINESS
JetSynthesys partners with Japan's Digital Hearts Holdings to widen the market
Digital Hearts Holdings will invest in JetSynthesys Japan and also form a joint venture to expand its debugging businesses in India
BUSINESS
India vs Australia final: Disney+ Hotstar sets new global live streaming record during ICC World Cup 2023
Disney+ Hotstar, the current market leader in India's booming streaming landscape, has been on a back-to-back record-breaking streak over the past month
BUSINESS
India is a 'big opportunity market' for Slack: Co-founder Cal Henderson
Slack has been doubling down on its India presence over the past year in a bid to capitalise on the rising adoption of hybrid work models
BUSINESS
YouTube to allow Shorts creators make music with AI vocals of prominent artistes
YouTube has onboarded nine popular artistes including Charlie Puth, Charli XCX, Demi Lovato, John Legend, and Sia for this AI music experiment
BUSINESS
India Vs New Zealand: Disney+ Hotstar hits 53 million concurrent viewers to set new streaming record
Disney+ Hotstar has surpassed its previous record of 44 million concurrent viewers, which was set during India versus South Africa match on November 5.
BUSINESS
Madras HC sets aside Tamil Nadu govt's ban on online rummy, poker; firms welcome move
The Madras High Court has restricted Tamil Nadu's online gambling law to only games of chance. The state can however make rules to regulate the time spent or age limits for skill-based games
BUSINESS
Disney+ Hotstar loses 2.8 million subscribers in fourth consecutive quarterly decline
Disney CEO Bob Iger says they would like to stay in the India market and are considering their options, amidst deal talks over its Disney Star business.
BUSINESS
Excited about AI's role in image, video creation than chatbots: Snap's Evan Spiegel
Spiegel said that the company has been making significant investments in AI to simplify the process of creating 3D images and developing more immersive AR lenses for creators.
BUSINESS
ICC World Cup 2023: Disney+ Hotstar sets new global live streaming record during India vs South Africa
The service witnessed a peak concurrency of 44 million viewers, surpassing the previous record of 43 million viewers set during the India vs New Zealand cricket match just a fortnight ago on October 22.
BUSINESS
India a major focus market for Apple, says CEO Tim Cook
India has emerged as one of the bright spots for Apple in recent quarters. The company hit an all-time revenue record in the country in the September quarter, registering a strong double digit growth, Cook said
BUSINESS
VC fund Lumikai slashes revenue forecast for India's gaming industry
The Indian gaming market is projected to hit the $7.5 billion revenue mark by FY28, a drop from $8.6 billion projected revenue for FY27 that were disclosed in a report unveiled in November 2022.
