Sony has opened a brand new production line in Brazil to manufacture physical PlayStation 5 game discs. This production will take place at Sony’s cutting-edge facility located in the Manaus Free Trade Zone in Northern Brazil, an area where special fiscal incentives apply. The facility, originally built by Sony in partnership with Solutions 2 GO,…
Introducing Luzia: A WhatsApp-based AI Chatbot for Spanish and Portuguese Audiences The availability of Large Language Models (LLMs) has made it easier for developers to make chatbots. Large companies such as OpenAI, Google, and Microsoft, have made ChatGPT, Bard, and Bing Chat widely available. However, non-tech affluent audiences might not be aware of some of…
Why a Fed Rate Cut in 2024 Could Spell Trouble for US Equity Investors A Warning from Hugh Gimber, Global Market Strategist at JPMorgan Asset Management According to Hugh Gimber, global market strategist at JPMorgan Asset Management, a cut in interest rates by the Federal Reserve next year is likely to have a negative impact…
Spotify Restricts Features for Free Tier Users in India Spotify is restricting features for the free tier users in India in an attempt to garner more paid users in the country. These limits, coming years after the streaming service was launched in India in 2019, will not let users play songs in a manual order…
WhatsApp Introduces New Payment Feature in India WhatsApp is rolling out a new feature in India that will allow users in its largest market to pay businesses using a variety of payment options from within the instant messaging app. Partnering for Payment Options The Meta-owned app on Wednesday said it has partnered with PayU and…
Listen here or wherever you get your podcasts. Welcome back to Equity, the podcast that delves into the business of startups, uncovering the numbers and nuances behind the headlines. In today’s episode, we have the pleasure of having Kirsten join Mary Ann and Alex once again. It’s always a treat to have her on the…
Koo Seeks Strategic Partner to Navigate Funding Crunch Koo, India’s alternative to Twitter, is looking to find a strategic partner with a “distribution strength” as it enters its “next phase,” according to its co-founder, amid a funding crunch at the startup, which is backed by Accel and Tiger Global. Switching Gears in the Face of…
TikTok Expands “Creativity Program Beta” to International Creators TikTok is expanding its revamped creator fund, called the “Creativity Program Beta,” beyond the United States. The program is now available to eligible creators in Brazil, France, Germany, Japan, Korea and the United Kingdom. The company began testing the new program with select creators in February. TikTok,…
Messenger Lite Shutting Down – AsumeTech Meta Shutting Down Messenger Lite Meta is shutting down Messenger Lite, its lightweight stripped-down version of Messenger, the company confirmed to AsumeTech. Users of the app are starting to see a message that advises them to “use Messenger to keep chatting.” The app has been removed from the Google…
Nearly 300 Prisoners of War Released in Shock Prisoner Swap Agreement In late September of 2022, nearly 300 prisoners of war, both Ukrainian and Russian, faced death or indefinite detention. However, to the relief of their family members, a surprise announcement was made on the same day. The warring countries had agreed to a prisoner…
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