India bans real-money gaming, threatening a  billion industry

India bans real-money gaming, threatening a $23 billion industry

India’s lower house of parliament on Wednesday passed a sweeping online gaming bill that, while promoting esports and casual gaming without monetary stakes, imposes a blanket ban on real-money games — threatening to disrupt billions of dollars in investment and significantly impact the real-money gaming industry, which could see widespread shutdowns. Titled the Promotion and…

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OpenAI launches a sub  ChatGPT plan in India

OpenAI launches a sub $5 ChatGPT plan in India

OpenAI today launched a new, cheaper ChatGPT paid subscription plan in India called ChatGPT GO, priced at ₹399 per month ($4.60), which is more affordable than the ₹1,999 (about $23) per month Plus Plan. The company had turned on local currency pricing for all its plans a few days ago, and with this launch, it…

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TDK backs Ultraviolette with M to take India-made electric motorcycles global

TDK backs Ultraviolette with $21M to take India-made electric motorcycles global

Two months ago, Indian electric motorcycle startup Ultraviolette expanded into 10 European countries. Now, fueled with $21 million in an all-equity round led by the corporate venture arm of Japanese electronics giant TDK Corporation, Ultraviolette is putting its expansion plans into overdrive. The nine-year-old startup plans to grow its European footprint fourfold, enter other motorcycle-driven…

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