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Press

Ukraine war may hit India’s semiconductor hub dreams

As India kicks off local manufacturing of semiconductors to cut dependency on China, the shortage of raw material amid the Russia-Ukraine war, which, if lingers for a longer period of time, may hamper the country’s dream to produce high-end semiconductors and become their global hub. The government recently set up the India Semiconductor Mission (ISM) …

Press

How MAAMA performed in the latest quarter?

The quarterly results of tech companies are in. While bigshots like Alphabet, Amazon, Apple and Microsoft kept the markets buoyant, Meta lost $230Bn in value in one day. Additionally, relatively smaller companies like PayPal and Spotify had to take a bath after a double-digit percentage drop in the market value.  Apple’s privacy policy has had …

Press

The potential of NFTs in gaming

Indian gaming platforms like Dream11, Mobile Premier League (MPL) and Nextwave Multimedia, a subsidiary of gaming company Nazara Technologies which owns the World Cricket Championship (WCC) franchise, are actively looking to launch their own non-fungible tokens (NFTs). While NFTs are being launched in various sectors, gaming NFTs have become a rage after online game Axie …

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Press

Facebook expected to register record revenues in India

Beating earnings expectations for its Q2 2021, Facebook Inc registered total revenue of $29.1 billion, a 56 per cent year-over-year increase. Facebook’s record performance was driven by the digital transformation that was accelerated during the pandemic along with the company’s long-term investments in tools and products to help businesses make the shift online. Creators, adding …