BUSINESS
Google extends third-party in-app billing pilot to India, four more markets
All non-gaming developers can offer an additional billing option to their mobile and tablet users on Google Play in India, Australia, Indonesia, Japan, and the European Economic Area.
BUSINESS
Finally, Twitter starts testing much-in-demand edit button
Twitter users will be able to edit tweets a few times for 30 minutes after they have been posted on the platform
BUSINESS
Twitter rolls out its close friends feature 'Circle' globally
Twitter Circle will allow users to share tweets with a smaller group of up to 150 people, including people they don't follow.
BUSINESS
Meta introduces 'No-Cost EMI' for advertisers in India
Meta is also expanding the scope of its Small Business Loans initiative to over 19,000 pin codes across India
BUSINESS
Nazara Technologies buys US gamification platform WildWorks for $10.4 million
WildWorks is a game development studio focused on gamified early learning for 8-12-year-olds.
BUSINESS
RIL AGM 2022 | Jio Platforms partners with Meta to roll out in-app shopping on WhatsApp
RIL AGM 2022| JioMart will enable WhatsApp users in India to browse through its entire grocery catalog, add items to cart, and make the payment
BUSINESS
RIL AGM: Reliance working with Google to develop 'ultra-affordable' 5G smartphones: Mukesh Ambani
RIL AGM: Jio 5G to be launched across major cities such as Delhi, Kolkata, Mumbai and Chennai, by Diwali
BUSINESS
Zynga debuts two India-made games depicting the country's Independence journey
The mobile games were developed by Zynga's India studio based in Bengaluru.
BUSINESS
Servify raises $65 million funding; to launch IPO in 18-24 months
Servify, which powers the after-sales experience for a range of device manufacturers, plans to use the funds to expand product offerings, grow business in international markets and scout for acquisition opportunities
BUSINESS
Disney ropes in Google veteran Sajith Sivanandan to lead Disney+ Hotstar
Sivanandan, who begun his career with Star TV in India in 1996, will oversee Disney+ Hotstar's overall business operations in the country and also chart a product roadmap for the service's growth in the coming years
TRENDS
Google Play spots key monetization opportunity in India as spends on local apps rise 80% in two years
India is moving from a pure app consumption economy to an app development economy and is set to become a leading hub of global app innovation, a senior Google India executive says.
STARTUP
Phyllo bags $15 million funding, to build gateway for creator data
Companies building tools, products, and services for the creator economy can use of Phyllo's APIs to verify creator's identity, income and engagement data
BUSINESS
Snapchat+ crosses 1 million paid subscribers; adds new premium features
The expansion of Snapchat+ comes at a time when the social media firm is looking to diversify its revenues beyond advertising.
BUSINESS
Krafton to closely co-operate with Indian authorities to resolve BGMI ban, says CFO
BGMI was pulled out of Google Play Store and Apple App Store on July 28 following an interim government order.
BUSINESS
After IPL streaming rights loss, Disney lowers the subscriber target for Disney+ Hotstar
The entertainment conglomerate expects Disney+ Hotstar to reach up to to 80 million by the end of fiscal 2024
BUSINESS
Snap brings paid subscription service Snapchat+ to India
Snapchat+, which unlocks a collection of exclusive, experimental, and pre-release features, will be available for a monthly fee of Rs 49
STARTUP
Web3 game infrastructure startup Lysto bags $12 million from Tiger Global, Hashed, others
Lysto is building tools that aims to standardise gamer credentials and reputation across games and platforms
BUSINESS
‘Shaken’ by BGMI suspension, Indian game studios seek PM's intervention for 'fair treatment’ of all
In a letter to PM, founders of 10 gaming firms describe BGMI suspension as arbitrary and call for a clear set of standards to ensure fairness to all stakeholders
BUSINESS
Elon Musk and Twitter fight over India's importance and standoff with govt
In a court filing, Tesla CEO Elon Musk said that Twitter initiated litigation against Indian government, without obtaining consent, and placed the firm's 3rd largest market at risk. Twitter denied the claims
BUSINESS
Freshworks Q2 revenue jumps 37% YoY, will prioritise go-to-market investments in short term
Freshworks CEO Girish Mathrubootham says they are witnessing higher churn among their SMB customers who are facing macro pressures
BUSINESS
WebEngage raises $20 million led by Singularity Growth Opportunities Fund, SWC Global
WebEngage claims to have reached a $20 million annual revenue run rate and is working with more than 600 customers
BUSINESS
BGMI ban to disrupt e-sports space, but for short term: Nazara Tech's Nitish Mittersain
Nazara Technologies is also looking to scale up its real-money gaming portfolio and plans acquisitions in this space.
BUSINESS
Apple nearly doubled its India revenue in June quarter: CEO Tim Cook
The Apple CEO also said the company would be "more deliberate" in hiring people amid a tough economic environment
BUSINESS
Google, Apple pull down Krafton's BGMI game from app stores in India
Krafton had claimed earlier this month that BGMI had surpassed 100 million registered users in India.
