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Lenskart, Nykaa, PhysicsWallah see Q2 profits surge
New-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top 5.
Google Calendar crushed their first startup, so they sold it on eBay. Then they built Twitch
Justin Kan and Emmett Shear’s first startup, Kiko, struggled after Google launched its own calendar service. The founders sold Kiko on eBay for $258,100 in 2006 before moving into live streaming. Their next venture, Justin.tv, eventually gave rise to Twitch, which Amazon agreed to acquire for about $970 million in 2014.
Shares in Google owner Alphabet sink on profit miss, ad slowdown
Alphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to September. The net profit dropped 25 percent to $26.2 billion, which fell short of analyst predictions. While YouTube's revenue growth has decelerated, Google Cloud's revenue impressive surged by 103 percent. The company reports substantial capital expenditures at $51.
Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?
Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After India's biggest IPO, investors are watching Jio's next growth engines: tariff hikes, broadband expansion, artificial intelligence, cloud services and stronger cash flows. Can Akash Ambani turn Jio's digital ambitions into sustained earnings and long-term shareholder returns?
Ambani pulls off a blockbuster: Jio IPO makes 13 records, rewrites Dalal Street history
Jio Platforms celebrated a remarkable achievement with its IPO, raising Rs 30,188 crore and drawing an unprecedented wave of investor interest. Over 1.38 crore applications poured in, breaking previous records for both institutional bids and public participation in Indian IPOs. The shares were issued solely as new equity, reinforcing the strong appeal and confidence in the Indian market offerings.
Instagram 'Features': You can watch 90-minute podcasts, comedy shows and episodes inside the platform; long-form video option soon
Instagram features: Instagram is testing a new long-form video feature called Features, which will let users watch horizontal videos lasting up to 90 minutes. The platform plans to connect short Reels with full-length podcasts, comedy shows and other videos, allowing viewers to discover longer content and continue watching without leaving Instagram.
Instagram tests 90-minute horizontal videos
On Monday, Instagram announced that it is testing out video lengths of up to 90 minutes with select creators in the US.
iOS 27.2 is out: Here's what new features iOS 27.2 bring to Siri and other Apple devices
Apple unveiled iOS 27.2, introducing impressive Siri enhancements such as memory features that allow the assistant to remember past dialogues. Users can now selectively copy parts of Siri’s responses and restrict certain apps from interacting with Siri. Additionally, the update boosts the Messages and Photos apps with improved contextual suggestions and AI-powered image recognition, enriching the overall user experience across multiple Apple platforms.
T-Mobile T-Mix plans bring Netflix, Apple TV and Xbox Game Pass: Check prices, perks and features
T-Mobile is set to introduce its innovative T-Mix wireless plans this November, designed to offer an enticing mix of mobile services and sought-after subscriptions. Customers can look forward to bundled options like Xbox Game Pass, Netflix, and Apple TV among others. The plans, categorized as Standard, More, and Loaded, will cater to diverse customer needs, with pricing reflecting the number of lines and chosen subscriptions.
Laura Owens, daughter of Bay Area radio legend Ronn Owens, altered ultrasound photo and faked pregnancy video in Clayton Echard case; father says...
Laura Owens, daughter of Bay Area radio legend Ronn Owens, was sentenced to 30 days in jail and seven years of probation after pleading guilty to felony charges involving fabricated pregnancy claims and falsified medical evidence. The case involved former The Bachelor star Clayton Echard and another man. During sentencing, her father pleaded for leniency, telling the court, “I love my daughter more than I can put into words.”
GTPL Hathway begins publishing TV viewership data from 10,000+ set-top boxes
GTPL Hathway has introduced audience viewership data for TV channels through its set-top boxes across various markets. This is an industry first and adheres to the guidelines from the Ministry of Information & Broadcasting. It uses return path data to derive insights without collecting personally identifiable information from subscribers.
‘Brands need to be loved by humans and read by agents’: BCG’s Lauren Wiener on AI’s impact on marketing
The growing influence of AI and LLMs on purchase decisions is significant across various consumer touchpoints. Brands are now required to optimize content for both human and AI consumption to compete effectively. Marketing leaders are rethinking traditional media-budget allocation strategies in response to these changes. Personalisation and an integrated approach to agentic marketing are emerging as critical priorities for brands moving forward.
BARC registration delay deepens TV ratings market rift in India
The ministry of information and broadcasting (MIB) is yet to decide on fresh registration applications from BARC and TAM India, a joint venture between Nielsen and Kantar Media. Key concerns include BARC's ownership structure, progress on cross-media measurement and the absence of an updated Broadcast India study, according to people familiar with the matter.
We have to change the conversation from media costs to business value: Publicis Media's Lalatendu Das
India's advertising sector is experiencing a transformative phase driven by innovations in artificial intelligence and the rise of the creator economy. Marketers are prioritizing agencies that provide tangible business outcomes over mere media optimization. As a result, there is a transition in advertising budgets from traditional celebrity endorsements to content created by influencers.
Glance to be integrated by default on Android TVs in US, India, Japan in partnership with Google
Under the collaboration, Glance will transform idle TV screens into interactive shoppable storefronts across fashion, travel, food, wellness, and other lifestyle categories.
Jio IPO beyond telecom: Why the Ambanis are pitching AI, cloud and 7,220 patents as Jio’s tech future
Jio Platforms ₹30,213 crore IPO marks a significant shift toward technology-driven digital services. With a focus on leveraging its connectivity through AI and cloud technologies, the company is also highlighting its extensive patent holdings. While Reliance Jio Infocomm continues to generate substantial revenue, the company aspires to broaden its reach into enterprise solutions and diverse digital products.
Resident Evil OTT release update: When and where to watch Zach Cregger’s zombie horror movie online
Zach Cregger’s Resident Evilreboot brings a new story of survival, a deadly virus outbreak, zombies and terrifying creatures to the popular horror franchise based on Capcom’s video games. Starring Austin Abrams, the film follows a medical courier whose routine delivery to Raccoon City turns into a fight for survival. With the film having arrived in theatres, horror fans are now waiting to find out when they can watch it at home.
Skydance bets big on AI-driven content
Paramount Skydance has completed its acquisition of Warner Bros Discovery for $110 billion. The company plans to focus on reducing costs through technology rather than employee layoffs. Skydance now owns an extensive range of film, TV, and news organizations, including HBO Max and CNN. The merger comes amid increasing competition from tech giants like Netflix and Amazon.
From shareholders to partners: How Google and Meta’s Jio investments evolved into an AI alliance
Meta and Google, originally minority shareholders in Jio Platforms, are now forming strategic partnerships with Reliance. The new collaborations focus on enterprise AI initiatives and dedicated cloud infrastructure in India. Meta's joint venture will leverage Llama models for developing AI platforms, while Google focuses on establishing cloud services. Both companies aim to enhance Reliance's capabilities in AI and cloud technology sectors.
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