BUSINESS
Lumikai launches $50 million fund to back early-stage gaming startups
The fund has also set up a $10 million AIF to attract domestic Rupee capital, bringing its total AUM to $100 million.
TECHNOLOGY
WhatsApp now allows users to silence unknown callers
The feature will give more control to users who have been complaining about a spike in spam calls in recent months
TECHNOLOGY
Instagram rolls out Telegram-like broadcast channels globally
Instagram Broadcast Channels feature allows people to share text, video, voice notes and photo updates with their followers
BUSINESS
Chinese giant Tencent eyes India comeback with Undawn game launch
The launch comes nearly three years after Tencent withdrew all of its games and mobile apps, including its popular messaging app WeChat, from India.
BUSINESS
Can't DM someone on Twitter if they don't follow you? Find out why
Twitter owner Elon Musk had earlier said limiting DMs to non-followers to verified accounts will curb bot spam messages on the platform.
BUSINESS
Krafton's BGMI game is back in India 10 months after suspension
Union minister Rajeev Chandrasekhar said that BGMI is on a three-month trial approval and they will keep a close watch on other issues before taking a final decision.
TRENDS
Nazara's Nodwin Gaming raises $28 million for international expansion, IP development
Along with IP development and expansion in emerging markets, the company will use the funds to acquire more companies.
BUSINESS
Game streaming startup Rooter bags $16 million led by Lightbox
Rooter aims to cross $10 million ARR by the third quarter this year and also hopes to hit profitability by April 2024
BUSINESS
Google to start enforcing Play billing policy in India, claims less than 60 developers will pay service fee of over 15%
This fee would be further reduced by 4 percent if a user pays through an alternative billing system, the company said.
BUSINESS
Nazara Technologies joins AIGF, to lead industry body's game developer collective
Founder Nitish Mittersain had earlier told Moneycontrol they are eyeing a larger presence in the real-money gaming business, with regulatory clarity appearing to emerge in the space.
BUSINESS
Meta India's head of partnerships Manish Chopra steps down
It marks the fourth major departure at Meta India in the past year, following the exit of former India head Ajit Mohan, public policy head Rajiv Aggarwal and WhatsApp India head Abhijit Bose.
BUSINESS
Mobile Premier League makes African debut with app launch in Nigeria
Mobile Premier League has partnered with Africa's largest mobile gaming publisher Carry1st to deliver a more localised and engaging gaming experience to consumers.
TECHNOLOGY
WhatsApp's Chat Lock feature will let users password protect their private conversations
In the coming months, WhatsApp will add more Chat Lock options including locking for companion devices and the ability for users to create custom passwords for their chats.
BUSINESS
Nazara Technologies is looking to expand its real-money gaming business, affirms founder
Nazara Technologies is taking a three-pronged approach to grow its footprint in the burgeoning skill-gaming segment, said founder Nitish Mittersain.
BUSINESS
Linda Yaccarino is new Twitter CEO: 10 things to know about the advertising veteran
New Twitter chief Linda Yaccarino will have her task cut out as she looks to restore trust with marketers to bring them back to Twitter as well as lure new advertisers to the platform
BUSINESS
Twitter appoints former NBCUniversal ad chief Linda Yaccarino as new CEO
This appointment comes at a critical time for the social media platform as Musk looks to turnaround the fortunes of the company.
BUSINESS
Google is slowly reimagining search in the generative AI era
At its annual developer conference Google I/O, the tech giant unveiled an AI-infused version of its search engine with several new features
BUSINESS
Disney+ Hotstar loses 4.6 million subscribers in second consecutive quarterly drop
Disney+ Hotstar's subscriber decline for the quarter is its biggest one until now. It comes amid a loss of marquee content from the streaming service.
TECHNOLOGY
Google opens up its ChatGPT rival Bard to users in over 180 countries
Google is leveraging its visual search capabilities including Google Lens to make Bard more powerful and visual in its responses.
BUSINESS
Nazara Technologies to increase stake in subsidiary Next Wave Multimedia to 71.88%
Nazara Technologies also surpassed key milestones of Rs 1,000 crore in annual revenue and Rs 100 crore in EBITDA during the financial year 2023.
BUSINESS
Capillary Technologies joins the generative AI bandwagon with AskAira
AskAira leverages OpenAI's underlying technology, which also powers the viral AI chatbot ChatGPT, to assist marketers in increasing the return on investment of loyalty programmes.
BUSINESS
Apple CEO Tim Cook sees India at a ‘tipping point’ as China pivot quickens
Apple CEO Tim Cook said that they see opportunities across the board in India, including its burgeoning services business
BUSINESS
Slack's generative AI push: Message summaries, writing assistance and more
SlackGPT's launch comes amid a heightened buzz around the latest wave of AI advances that has gripped technology giants and startups across the world.
BUSINESS
India's video streaming market neared 100 million subscriptions in 2022: Report
The growth was driven by increased spending on original content in regional languages that accounted for about 50 percent of the original titles produced in 2022
