Quantum Brief – Page 6

NXTDigital’s broadband vertical inks strategic alliance with Delhi-based Triple Play Broadband

The alliance is looking to focus on increasing broadband penetration in these markets whilst in parallel offering IPTV and OTT services to its customers.

The alliance comes close on the heels of entering into an agreement with leading Mumbai-base ISP Seven Star – for acquiring a majority stake.

Google launches Gemini 1.5 Flash and significant updates to other models and features

1.5 Flash excels at summarization, chat applications, image and video captioning, data extraction from long documents and tables, and more. (Representative Image: Lauren Edvalson via Unsplash)

Today, Google has introduced Gemini 1.5 Flash: a model that’s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale, the company said in a blog post.

OpenAI announces new flagship Gen-AI model GPT-4o

GPT-4o offers enhanced performance in around 50 languages as well.

GPT-4o will roll out “iteratively” across the company’s developer and consumer facing products in the next few weeks.

BFSI ad volumes surge on TV in 2023 despite quarterly dips

With the addition of new cards, the industry has also seen 22% and 28% surge in transactional volume and value respectively. (Photo by rupixen on Unsplash)

Life insurance, Muthoot Finance and LIC lead the top category, brand and advertisers list of 2023 in terms of ad volumes.

Disney and Warner Bros. to team up: Streaming bundle to challenge Netflix and Amazon

Earlier this year, Walt Disney's ESPN, Fox Corp and Warner Bros Discovery had announced a new sports platform to be launched later this year.(Images sourced from Unsplash)

Both companies will reportedly make announcements on details of the arrangement in the coming weeks.

Reliance-Disney merger likely to close by first half of 2025

Reliance Industries has also assured that there would be no adverse impact on competition, as a result of the merger.

The merger of Star India with Reliance Industries is expected to be closed by the first half of 2025, The Walt Disney Company said in a regulatory filing.

Disney announces Q2 results: Streaming hits profit milestone

The Entertainment Direct-to-Consumer business was profitable in the second quarter.

Disney+ Core subscribers increased by more than 6 million in the second quarter, and Disney+ Core ARPU increased sequentially by 44 cents.

Hulu valuation dilemma: Third-party to decide price tag?

Their contract included a provision for a neutral third-party valuation if the initial assessments by each company's chosen banks differed significantly. (Photo by BoliviaInteligente on Unsplash)

JP Morgan Chase has reportedly valued Hulu for Disney at around $27.5 billion, while Morgan Stanley, representing Comcast, placed the value at over $40 billion.

Titan shortlists potential CEO candidates; CK Venkataraman to step down next year

Current CEO CK Venkataraman has been given a second term by the company extending for 14 months units December 2025. Venkataraman assumed charge on October 1, 2019, and will turn 65 in October next year which is the group’s retirement age. He will overlook the transition process prior to stepping down. (Image sourced via CNBC-TV18)

Ajoy Chawla, CEO of the jewellery business, Suparna Mitra, leading the watches and wearables division, and Saumen Bhaumik, head of the eye-care business are the three candidates identified by Titan’s 13 member board to assume the role of CEO.

Indian market has unexplored opportunities: Warren Buffett

Alongside answering queries on interests in the Indian market Buffet also addressed some of Berkshire Hathaway's recent investment moves at the question and answer session of the Berkshire's annual meeting. (Image sourced from Moneycontrol)

Warren Buffett sees ‘unexplored opportunities’ in India’s market, but questions if Berkshire Hathaway has an edge to invest there.