Adobe acquires Indian market intelligence startup Rilo
This is Adobe’s second acquisition out of India after Rephrase.ai in 2023
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Reliance’s JioHotstar takes its streaming empire global — without sports
JioHotstar will only have entertainment content when it launches in the UK, Canada, and Singapore.
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Meta removes fraud app ads in India, after being asked twice
Meta removed dozens of advertisements for apps that presented themselves as pornography but actually functioned as banking malware, after the Indian government issued an advisory. Reuters then found at least 39 more of the ads still running and reported on Monday that Meta removed those as well after being asked about them. The sequence is […]
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India’s Ringg gets backing from Peak XV as it pushes voice AI past the phone call
Ringg has raised $10 million from Peak XV as a part of its Series A extension.
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Google says Gemma has passed a billion downloads
Google says its Gemma family of open models has passed a billion downloads. Developers have published more than 100,000 Gemma variants over the past two years, the company said in a blog post on Thursday. Clement Farabet, a vice president at Google DeepMind, and Olivier Lacombe, a product director there, wrote it. Google calls the […]
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Google plans to end Pixel production in China by 2027
Google has told suppliers it plans to move all Pixel production out of China from 2027, according to Nikkei Asia. That covers phones, smartwatches and wireless earbuds. Lauly Li reported the plan on 18 August, citing the ongoing tensions between Washington and Beijing. Nikkei named Vietnam and India as the destinations. The date has moved. […]
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Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled
Navi, the Indian fintech founded by Flipkart co-founder Sachin Bansal, has hired banks for an initial public offering of about $315m, according to a Bloomberg report. It is the clearest sign yet that Bansal’s second act is finally heading for the public markets, four years after his first attempt quietly stalled. The headline number comes […]
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Google’s $15bn India data centre is running into water and wildlife
Google’s biggest bet in India is meeting resistance on the ground. Its $15bn data-centre project in Visakhapatnam has run into mounting opposition over water use and the wildlife living beside it. The project is enormous by any measure. Built with Gautam Adani’s group, it is one of the largest data-centre investments anywhere, and the state […]
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Apple just passed $10bn in India, a country where it charges more than it does at home
Apple has crossed $10bn in annual sales in India for the first time. The milestone says as much about where the company is heading as where it has been. Revenue for the year to March topped $10bn, Bloomberg reported. That is up from about $9bn a year earlier, and $6bn two years before. iPhones made […]
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Indian police open a case against Meta’s India head over altered videos of Modi
Hyderabad cybercrime police have filed a report against Meta India chief Arun Srinivas over AI-altered videos of Prime Minister Narendra Modi, escalating friction between the government and the platform. Police in Hyderabad have registered a criminal case against Meta’s India head over AI-altered videos of Prime Minister Narendra Modi that circulated on Facebook and Instagram, […]
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