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Disney+Hostar reports the biggest decline in subscriber base in the June quarter-thumnail

Disney+Hostar reports the biggest decline in subscriber base in the June quarter

Disney+ Hotstar, a streaming platform, in India, faced a setback during the June quarter as it experienced a decline of 24% in its subscriber base. This translates to a loss of 12.5 million users. The platform has been witnessing declines mainly due to the loss of broadcasting rights for the Indian Premier League (IPL) and the conclusion of partnerships with HBO. In addition to that the rise of JioCinema, as a competitor and its introduction of content have further contributed to Hotstars decline.

Business

Aug 10, 2023

KRAFTON will spend $150 million in the startup ecosystem as part of its India-first strategy-thumnail

KRAFTON will spend $150 million in the startup ecosystem as part of its India-first strategy

The company claims to have already invested $140 million in start-ups in India.

The top South Korean gaming corporation, KRAFTON, Inc., creator of the BGMI, plans to invest $150 million in India over the next two to three years.

Investment & Funding

Aug 10, 2023

Avid Technology to be acquired by STG for $1.4 billion-thumnail

Avid Technology to be acquired by STG for $1.4 billion

Avid Technology Inc (AVID.O), a developer of media editing software, will be acquired by private equity company Symphony Technology Group (STG) on Wednesday for approximately $1.4 billion, including debt.

Business

Aug 10, 2023

Amazon is in talks with Softbanks’s Arm to join hands ahead of its IPO-thumnail

Amazon is in talks with Softbanks’s Arm to join hands ahead of its IPO

Amazon is, among the tech giants that are investing in the IPO of Arm Ltd underscoring the significance of Arms computing capabilities. Amazon Web Services chip, known as Graviton is built on Arms design. Arm is aiming to secure funding in the range of $8 10 billion. Has set its sights on a debut on Nasdaq. The involvement of investors in Arm further strengthens customer relationships making its IPO more appealing as SoftBank Vision Fund works towards recovery efforts. With a pivot, towards high royalty data servers and PCs Arm is positioning itself for growth.

Business

Aug 9, 2023

ESPN strikes a deal to license its brand for a sports betting app to Penn Entertainment-thumnail

ESPN strikes a deal to license its brand for a sports betting app to Penn Entertainment

ESPN strikes a deal to license its brand for a sports betting app to Penn Entertainment

Business

Aug 9, 2023

The sale of Yellow Corp assets could exceed $1.4 billion – Fox Business-thumnail

The sale of Yellow Corp assets could exceed $1.4 billion – Fox Business

The assets of trucking company Yellow Corp (YELL.O) have drawn substantial interest and their sale may exceed the $1.4 billion in secured debt held by the business, Fox Business said on Tuesday.

Automotive

Aug 9, 2023

Tata Power signs a contract for 2800 MW of pumped hydro storage projects with Maharashtra-thumnail

Tata Power signs a contract for 2800 MW of pumped hydro storage projects with Maharashtra

A Memorandum of Understanding (MoU) for the building of two pumped hydro storage projects (PSP) totalling $13,000 crore has been signed between Tata Power and the Maharashtra government. The two

Business

Aug 8, 2023

The top 7 cities’ luxury property prices increased by 24%-thumnail

The top 7 cities’ luxury property prices increased by 24%

According to research from Anarock Research, luxury property prices have increased by 24% in India’s top seven cities over the previous five years, outpacing the rise in the value of affordable housing. Luxury homes are in more demand as a result of the pandemic’s impact on housing choices, which has raised their price range.

Business

Aug 8, 2023

The Iphone 15 Series Is Going To Launch On September 13: Expected Cost And Features.-thumnail

The Iphone 15 Series Is Going To Launch On September 13: Expected Cost And Features.

Apple is expected to launch its largest iPhone 15 release event. Here is a brief overview of the pricing and characteristics that have leaked.

New Launch

Aug 8, 2023

Insightful Details About Nithin Kamath, Founder and CEO, Zerodha-thumnail

Insightful Details About Nithin Kamath, Founder and CEO, Zerodha

The stories of leadership invokes within ourselves, a zeal for action and achieving our life’s purpose. India is now roaring as one of the greatest world leaders which is due

Finance

Aug 7, 2023

Let us look at Virat Kohli’s interesting endorsements -thumnail

Let us look at Virat Kohli’s interesting endorsements 

India loves cricket and the vibrant energy of team blue. There is a holistic perspective for the cricket fans to sit with friends and family and watch a game. During

Marketing

Aug 7, 2023

Renesas to Obtain Cell IoT Innovation Pioneer Sequans Through Tender Offer-thumnail

Renesas to Obtain Cell IoT Innovation Pioneer Sequans Through Tender Offer

Renesas Gadgets Organization a head provider of cutting-edge semiconductor arrangements, and Sequans Correspondences S.A. (NYSE: SQNS, Sequans), a forerunner in 5G/4G cell IoT chips and modules, today reported that the two organizations have gone into a reminder of understanding (the MoU).

Business

Aug 7, 2023


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