TECHNOLOGY
Meta boosts 2025 spending up to $72 billion as AI race heats up
Meta stated that the higher capex is due to additional data center investments to support its AI efforts, as well as an increase in the expected cost of infrastructure hardware.
BUSINESS
28% GST on real money gaming platforms ‘completely changed’ Zupee’s roadmap: Founder Dilsher Singh Malhi
Zupee plans to diversify its offerings by acquiring, building, or investing in gaming- related assets
TECHNOLOGY
YouTube ropes in Gunjan Soni to lead its India operations
With nearly half a billion users, India is YouTube's largest market and a crucial region for its future growth strategy, especially with its AI efforts.
TECHNOLOGY
Over 30% of Google's new code now AI-generated; working on deeper coding experiences: Sundar Pichai
Alphabet CEO Sundar Pichai said the company is integrating generative AI across all businesses. He added that all 15 products with at least half a billion users now use Gemini models
TECHNOLOGY
Google parent surpasses 270 million paid subscriptions, driven by YouTube and Google One
Over the past year, Google has taken several measures to grow its subscription businesses as part of the company's effort to diversify its revenue beyond advertising.
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
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
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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
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
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
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.
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
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
