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Walt Disney is said to be in preliminary talks with Blackstone about a stake in Disney+. Hotstar, India’s TV Business

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Disney has been looking into selling or partnering with its internet and TV businesses in India

Two sources familiar with the situation told Reuters on Wednesday that private equity firm Blackstone has held early talks with Walt Disney about acquiring a stake in the entertainment company’s Indian arm.

Blackstone is the latest contender for Disney’s assets in the highly competitive Indian market, where the company has been looking for a sale or a joint venture partner for its digital and television businesses.

Disney and Blackstone declined to comment.

According to one of the sources, Blackstone-backed US media firm Candle Media, created by former Disney executives, initiated discussions between the two sides last week.

The conversations were initially reported on Wednesday by the Indian publication The Economic Times. According to Bloomberg News, Disney has also had conversations with Indian billionaires Gautam Adani and Sun TV Network owner Kalanithi Maran.

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With subscriber exits on the rise, Disney has attempted to resurrect its streaming business in India by giving free cricket on cellphones, thinking that the tactic will enhance advertising revenue.

Meanwhile, it has lost streaming rights to Indian billionaire Mukesh Ambani’s broadcasting unit for certain key cricket tournaments, including the Indian Premier League and the national cricket team’s bilateral matches.

In an effort to reduce password sharing in the crucial market, it was reported in July that Disney’s India streaming service Disney+ Hotstar planned to begin imposing a rule that would permit its premium members to login from just four devices.

Netflix, a competitor of Disney, began informing its users in more than 100 countries in May that they would have to pay more if they wanted to share the service with individuals outside of their home.

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While tech giants compete fiercely, Microsoft CEO says Google is locking up content needed to train AI

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Microsoft CEO Satya Nadella stated that developing artificial intelligence required computational power, or servers, as well as data to train the software

Satya Nadella, the CEO of Microsoft, claimed on Monday that tech titans were vying for the massive amounts of information needed to teach artificial intelligence. He also claimed that Google was securing content through pricey and exclusive arrangements with publishers.

In the first significant antitrust case the US has brought since it sued Microsoft in 1998, Nadella, the CEO of rival tech giant Microsoft, testified that the tech giants’ efforts to create content libraries to train their large language models “reminds me of the early phases of distribution deals.”

The US Justice Department’s antitrust battle against Google centres on distribution agreements. According to the authorities, Google, which controls about 90% of the search industry, illegally pays $10 billion (around Rs 83,200 crore) a year to wireless providers like AT&T and smartphone manufacturers like Apple to be the default search engine on their products.

Google’s profits are increased because of its dominance in the competitive advertising sector.

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According to Nadella, creating artificial intelligence required servers with computational power and data to train the software. He responded to servers by saying, “No problem, we are happy to put in the dollars.”

But he didn’t include Google when he said it was “problematic” if other businesses signed exclusive contracts with significant content producers.

“They say Google’s going to write this cheque and it’s exclusive and you have to match it,” he said. “When I am meeting with publishers now, they say.

Apple rejected

Furthermore, Nadella stated in court that Microsoft had attempted to have its Bing search engine become the default on Apple handsets but had been turned down.

When Microsoft was given the option to be the default search engine on PCs and mobile devices, yet a disproportionate number of people continued to use Google instead of Bing, John Schmidtlein, the chief attorney for Google, questioned Nadella on these issues.

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According to Schmidtlein, Microsoft made a number of strategic mistakes that prevented Bing from gaining traction, including failing to invest in servers or developers to advance Bing and missing the mobile revolution.

Schmidtlein added that customers skipped Bing and conducted the great majority of their queries on Google as a result of Microsoft’s accomplishment in becoming the default — on some Verizon phones in 2008, BlackBerry, and Nokia in 2011, and some BlackBerry phones in 2008.

Bing is the default search engine on laptops, the majority of which run Microsoft operating systems, and Nadella recognised that its market share is under 20%.

In addition, he said, “You get up in the morning, brush your teeth, and search on Google,” alluding to the search engine’s dominance.

Query of calibre

Nadella was questioned by Judge Amit Mehta about why Apple would move to Bing given the inferior quality of the Microsoft product in the case being heard in the US District Court for the District of Columbia.

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The query shows that the judge is interested in Google’s claim that its dominance is due to its quality rather than criminal activities.

Long after the computer behemoth had been sued for federal antitrust violations, Nadella was named CEO of Microsoft in 2014. This legal battle, which resulted in a settlement in 2001, pushed Microsoft to change some of its business practises and made room for businesses like Google.

The two developed a fierce rivalry as Google, which was formed in 1998 and is now the largest search engine in the market. Both use similar email services, search engines, and browsers, among many other things. Recent investments by Google in the Bard AI chatbot and significant investments by Microsoft in OpenAI have turned them into rivals in the field of artificial intelligence.

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JioSpaceFiber, a satellite-based gigabit internet service, was shown during the India Mobile Congress

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Jio has yet to provide information about JioSpaceFiber, including as Internet speeds and when the service would be available to subscribers in the country

The nation’s first mega fibre Internet service, JioSpaceFiber, was showcased on Friday at the 2023 India Mobile Congress with satellite technology. In order to give Internet access in places not served by standard networks, the mobile network service provider is preparing to introduce its satellite Internet services in India. JioSpaceFiber is anticipated to face competition from other service providers hoping to enter the nation’s satellite internet market, including Elon Musk’s Starlink, Amazon’s Project Kuiper, and Bharti Enterprises’ OneWeb.

Jio announced that its JioSpaceFiber giga fibre Internet service, which is based on satellite technology, has already connected four rural regions in India. The regions covered by the recently installed satellite service

ONGC-Jorhat in Assam, Gir in Gujarat, Korba in Chattisgarh, and Nabrangpur in Odisha are likely for testing reasons. The company has not yet disclosed the price of its services or the schedule for when they would be available to customers in India.

As per the telecom company, Société Européenne des Satellites (SES), a satellite telecommunications network provider based in Luxembourg, will be the backbone of the JioSpaceFiber mega fibre Internet service. SES’s O3b and the upcoming O3b mPOWER satellites will be used in conjunction with the network’s medium earth orbit (MEO) satellites to deliver gigabit-level Internet connectivity.

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“In India, millions of families and companies can now use broadband internet for the first time thanks to Jio. We reach out to the millions of people who are still unconnected with JioSpaceFiber,” Reliance Jio Chairman Akash Ambani stated in a prepared statement.

JioSpaceFiber will eventually compete with service providers like OneWeb (Bharti), Project Kuiper (Amazon), and Starlink (SpaceX), but the business has not said when it would launch in India. In addition to gaining new consumers to join its existing 450 million in the nation, Jio will gain from being among the first companies to offer fiber-grade Internet services to users in distant regions.

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Updates to YouTube provide improved seeking, hum to search, and other features

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Over the next few weeks, YouTube will roll out “three dozen new features and design updates” to users across all platforms

As part of the newest updates to the video streaming service, YouTube is receiving support for many new features and improvements. The Alphabet-owned company claimed that “three dozen new features and design updates” are being rolled out to users across many devices. Users will benefit from improved volume settings, better video searching, and a better experience when enjoying videos and subscribing to video creators on YouTube as a result of these enhancements. A new You tab featuring account information and a user’s watch history has also been added.

YouTube Product Management Director Matthew Darby revealed in a blog post that the service has released a new feature called Stable level, which is intended to make changing the level while watching a video easier. removing the sudden jumps that used to occur in the past. This option is already available to users and is activated by default in each video settings menu under Additional settings > Stable volume.

Read also:-The Centre has approved a 4% increase in DA for central government employees

According to the firm, searching while watching a video would also become easier. Users can press and hold on the right side of the screen while watching a video in portrait or landscape (full screen mode) to start playing the movie at twice the pace – until they let go.

Meanwhile, viewers will be able to use haptic feedback to move their finger while scrubbing the video seek bar back to the point they were previously watching. Users of mobile devices and tablets can now “lock” the screen to avoid inadvertent touches while watching a video.

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When a video is playing and YouTube producers invite people to like it and subscribe to their channel, the relevant buttons will be displayed with a visual cue, as well as animations when users engage with them. According to the firm, video counts will change in real time throughout the first 24 hours after a video is uploaded.

YouTube is also launching a new You tab, which will replace the Library button in the bottom-right corner of the screen. According to the firm, this tab will hold previously watched videos, playlists, downloads, and purchases, as well as account settings and channel information.

Android users will be able to search for songs by singing, humming, or playing them directly from the YouTube app. According to the business, this capability, which is also accessible in the Google app, will allow you to rapidly search for a track and identify it using AI. It will be available in the coming weeks via the YouTube app for Android handsets.

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The OnePlus Open is now available in India for the first time: price, specifications, and launch offers

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The OnePlus Open will be available through the company’s website, Amazon, and retail shops

The OnePlus Open, the Chinese smartphone maker’s first foldable phone, will be on sale in India for the first time today. It was released last week in India and global markets, and it shares the same hardware characteristics as the Oppo Find N3. The foldable has an inside 7.82-inch AMOLED display and an outward 6.31-inch screen. One of the three Hasselblad-branded rear cameras features a Sony LYTIA-T808 “Pixel Stacked” CMOS sensor from the next generation. Qualcomm’s octa-core Snapdragon 8 Gen 2 processor powers the OnePlus Open.

OnePlus’s availability and opening price in India

The OnePlus Open is priced at Rs. 1,39,999 in India. It comes in a single variant that has 16GB of RAM and 512GB of internal storage. The phone will go on sale in India on Friday and was introduced in Emerald Dusk and Voyager Black colour variants.

The OnePlus Open is available for purchase on the company website, Amazon, and in physical retailers. Launch discounts of Rs. 5,000 are available through ICICI Bank and OneCard Instant Bank transactions, according to the firm. According to the company, buyers can also take advantage of a trade-in bonus of Rs. 8,000 on select devices.

OnePlus Open technical details

The OnePlus Open comes with a 7.82-inch (2,268×2,440 pixels) 2K Flexi-fluid LTPO 3.0 AMOLED display with a 1-120Hz dynamic refresh rate, and it runs OxygenOS 13.2 based on Android 13 out of the box. The outside display is a 6.31-inch (1,116×2,484 pixel) 2K LTPO 3.0 Super Fluid AMOLED with a dynamic refresh rate of 10-120Hz.

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The OnePlus Open is powered by a Qualcomm Snapdragon 8 Gen 2 processor, which also includes an Adreno 740 GPU and 16GB of LPDDR5x RAM. The business also states that users can increase the RAM by 4GB, 8GB, or 12GB by utilising the handset’s unused storage.

The Hasselblad-branded triple camera arrangement on the OnePlus Open consists of a 48-megapixel primary camera with a Sony LYT-T808 “Pixel Stacked” CMOS sensor, a 64-megapixel telephoto camera with an OmniVision OV64B sensor, and a 48-megapixel ultra-wide-angle camera with a Sony IMX581 sensor. It sports a 20-megapixel camera on the inner display for selfies and video calls, and a 32-megapixel sensor on the cover display.

The OnePlus Open comes with 512GB of UFS 4.0 storage. It boasts a USB Type-C connection and supports 5G, 4G LTE, Wi-Fi 7, Bluetooth 5.3, GPS/ A-GPS, NFC, Beidou, GPS, GLONASS, Galileo, and QZSS. An accelerometer, gyroscope, proximity sensor, sensor core, e-compass, flick-detect sensor, and an under-screen ambient light sensor are among the sensors on board.

The OnePlus Open is powered by a dual-cell 4,800mAh battery that supports 67W SuperVOOC charging. This foldable phone, like other OnePlus devices, features the company’s tri-state alert slider. There’s also a fingerprint scanner on the side. Unfolded, it measures 153.4×143.15.9mm and weighs up to 245g.

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In the most recent beta, WhatsApp blocks screenshots of profile pictures and adds new text formatting options

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Users of WhatsApp can now send text messages with block quotes, inline quotes, numbered lists, and bullet points

On Wednesday, WhatsApp launched four additional text style options worldwide. Along with the current bold, italic, strikethrough, and monospace formatting options, these new ones are also available. Users will be able to submit messages in numbered lists, bulleted points, and two alternative quote formats with the new text toolkit. The latest version of WhatsApp for Android, iOS, the web, and Mac is compatible with the markdown syntax. In addition, it has been claimed that the instant messaging service is developing a new feature to shield users from malicious parties that try to take screenshots of their profile images.

Staff members at Gadgets 360 were able to test the new formatting options on the most recent version of WhatsApp Web and WhatsApp for Android, version 2.24.3.81. Formatting the text is easy, and the finished product has a tidy appearance. The hyphen symbol (-) can be added by users at the beginning of a new line to enable the bulleted list. It immediately changes into a bullet point once space is added. A simple tap of the backspace key will end it. Proceeding to the next line adds another bullet point.

Using numbered lists is simpler: just start a numbered list by typing the number one (1) at the beginning of the line, followed by a period (. ), then press space. Adding a non-numbered sentence or using a number other than one will break the chain and prevent the list from being activated. Block quotes, the third formatting option, highlights a statement by adding the pipe character (|) before it. To utilize it, just insert the “greater than” symbol (>) and press the space key to activate it.

Read also:-Google Pay Will Launch SoundPod With Audio Warnings for Indian Merchants Following a Year-Long Trial

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The inline quote, which displays a statement inside a greyed-out bubble, is the final quote option. Add the backtick character (\) before and after a sentence in WhatsApp without a space between them to use this formatting option. The inline quotation formatting will start working automatically as a result. In the upcoming days, all users should have access to these options, which have been rolled out globally.

However, the WhatsApp feature tracker WABetaInfo discovered that the company is developing a feature that will shield users’ profile photos from being taken by unauthorized individuals. Version 2.24.4.25 of the Android beta build was found to include the feature. When it is activated, people who try to take a screenshot will get a black screen with the statement, “Can’t take a screenshot due to app restrictions.” This is meant to give the platform’s user privacy protections one more layer of protection. Similar functionality can be found on the Facebook mobile app, where users can enable Profile image Guard from within the profile image window. Once enabled, this prevents other users from taking screenshots of the profile page or photo.

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IRCTC and Swiggy Collaborate to Deliver Pre-Ordered Meals

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In order to improve passenger eating alternatives, IRCTC partners with Swiggy to distribute pre-ordered meals via the company’s e-catering service

Through a partnership with Swiggy, one of India’s top food delivery services, the Indian Railway Catering and Tourism Corporation (IRCTC) will make it easier for passengers to receive pre-ordered meals that they have booked through the e-catering portal of IRCTC. The goal of this partnership is to provide rail passengers more options and convenience.

Plans for Growth
Four significant train stations—Bengali, Bhubaneswar, Vijayawada, and Visakhapatnam—will initially host Swiggy’s services.
After the first phase is over, IRCTC intends to expand this service to more stations in order to reach a wider range of travelers.

Integrating E-Catering Services
IRCTC recently disclosed in a BSE filing that travelers may soon have access to the e-catering service, which is made possible by Bundl Technologies Pvt. Ltd. (Swiggy Foods).
This integration represents a major advancement in the use of technology to improve customer happiness and expedite food delivery procedures.

Read also:-In the most recent beta, WhatsApp blocks screenshots of profile pictures and adds new text formatting options


Partnerships Strategic
The relationship between IRCTC and Swiggy is a component of their larger plan to establish alliances with major players in the food delivery sector.
In the past, the company collaborated with Zomato to provide comparable services in a few train stations, such as New Delhi, Prayagraj, Kanpur, Lucknow, and Varanasi.
These partnerships seek to enhance service standards and broaden the menu choices available to travelers.

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Effect on Swiggy
The cooperation represents a noteworthy commercial opportunity for Swiggy, considering the huge passenger volume that travels through Indian trains.
The company’s partnership with IRCTC is predicted to strengthen its market position and investor confidence as it gets ready to make its anticipated initial public offering (IPO).
The Dining Experience Is Redefined by IRCTC and Swiggy Together
The collaboration between IRCTC and Swiggy marks a critical turning point in the development of in-train dining options in India.
Both organizations seek to reimagine the eating experience for train passengers and open up new growth prospects in the food delivery industry by utilizing technology and forming strategic collaborations.

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Why Chairman of Paytm Payments Bank Vijay Shekhar Sharma Resigned

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The Reserve Bank of India (RBI) enforced a number of restrictions, including a directive for Paytm Payments Bank to cease operations by March 15. The decision came after that

Delhi, New: In the midst of the company’s continuous legal troubles, Paytm CEO Vijay Shekhar Sharma announced his resignation on Monday as non-executive chairman and board member of Paytm Payments Bank. The move comes after the Reserve Bank of India (RBI) implemented a number of restrictions, such as mandating that Paytm Payments Bank cease operations by March 15 in response to ongoing supervisory concerns and compliance issues.

A number of issues, including insufficient client identity checks and an apparent lack of arm’s-length separation from the parent business, Paytm, led to the RBI taking action against the payments bank. Due to these problems, the payments bank’s board saw a significant change, with two retired Indian Administrative Service (IAS) officers, former Bank of Baroda executive director Ashok Kumar Garg, and former chairman of the Central Bank of India Srinivasan Sridhar entering.

Rebuilding the board with executive and independent directors is perceived as Paytm’s attempt to show that it is in accordance with regulations and turn the ship around. Although the board reconstruction was not specifically required by the RBI, it is believed that the action was taken to reassure the regulatory agency of Paytm’s dedication to following the law.

What Made Vijay Shekhar Sharma Resign?

Five1% of Paytm Payments Bank is owned by Mr. Sharma, with the remaining 49% being owned by One 97 Communications, the company that used to be known as Paytm. In order to facilitate a smooth transition and improve governance systems, Mr. Sharma said that his departure from the board and the nomination of independent directors were calculated moves. The action is also perceived as an effort to separate Paytm from its payments bank division and establish it as a stand-alone company.

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Read also:-Poacher Review: Alia Bhatt Co-Produces a Potent Wildlife Crime Thriller

Due to the regulatory issues that Paytm is facing, the company’s stock value has significantly decreased after the RBI’s order. The RBI’s extension of the deadline for closing down the payment bank’s activities and Paytm’s collaboration with other banking institutions, however, have been credited with the stock’s revival.

The Action of Nirmala Sitharaman

To address their worries and problems, Fintech industry representatives met with Finance Minister Nirmala Sitharaman on Monday. Two government officials who attended the conference claim that the developments at Paytm Payments Bank were not particularly discussed, as reported by Reuters.

The finance ministry has declared that it will be having talks with Indian law enforcement agencies and fintech companies soon in response to the situation. According to a statement issued by the government, the purpose of this next conference is to enhance communication between fintech companies and other enforcement agencies.

The government and central bank will investigate the ownership structure issues expressed by a few listed fintech companies. This action is indicative of a larger initiative to improve accountability and transparency in the fintech industry.

Furthermore, the government has promised to streamline “know your customer” (KYC) requirements for the fintech industry. Reducing the complexity of KYC standards could facilitate customer onboarding and help fintech companies overcome some of their operational difficulties.

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