Amazon Prime Day US Sales Rise by 6 Percent to $6.4 Billion From 2022 on First Day

[ad_1] Amazon’s Prime Day two-day shopping event saw U.S. online sales rise nearly 6 percent to $6.4 billion (roughly Rs. 52,500 crore) from a year ago on its first day, as heavy discounts lured bargain-hunting customers who splurged on appliances and toys, Adobe Analytics data on Wednesday showed. U.S. shoppers have been waiting for the … Read more

Sony To Increase Research And Development Spending To Strengthen PlayStation Division

[ad_1] Sony is looking to bolster its PlayStation brand. (Photo by Tamara Bitter on Unsplash) Sony has announced plans to boost research and development spending for its PlayStation gaming division in the current financial year. Sony Group will boost research and development spending at its gaming unit by about 10% to 300 billion yen ($2.2 … Read more

Tech Talk | Game Over? Govt’s 28% GST Makes Online Gaming Companies Weigh Options, May Move Court

[ad_1] High GST will make it more difficult for gaming companies to raise capital and invest in new games and technologies. This could impact the industry’s pace and make it less competitive in the global market. (Shutterstock) Passing the costs to gamers is the most likely scenario at the moment, as companies will need to … Read more

James Webb Space Telescope Captures Closest Star-Forming Region to Earth, NASA Releases Image

[ad_1] NASA on Wednesday released an image obtained by the James Webb Space Telescope of the Rho Ophiuchi cloud complex, the closest star-forming region to Earth, as the U.S. space agency marked one year since it unveiled the telescope’s first scientific results. The Webb telescope, which was launched in 2021 and began collecting data last … Read more

WhatsApp To Launch Animated Avatar Pack On iOS, Android Soon: All Details

[ad_1] Animated avatars are under development and they will be released in a future update of the app. WhatsApp has worked on implementing an enhanced version of the avatar pack by introducing animated avatars. The Meta-owned popular instant messaging platform WhatsApp is reportedly planning to introduce an animated avatar feature for iOS and Android devices. … Read more

China Begins Offline Trials of CBDC Payments, Stitches e-CNY Payments to SIMs

[ad_1] China, despite its stern anti-crypto stance, is among the fastest growing examples of how big economies can experiment with CBDCs. The Bank of China is now testing an offline payment system which would work in integration with SIM cards. A new fintech tool, Central Bank Digital Currencies (CBDCs) are the blockchain representation of fiat … Read more

5G, Cloud To Help India Gaming Market Reach $8.6 Billion By 2027: Report

[ad_1] Industry experts expect that this market requires unique solutions tailored to its specific needs This growth is attributed to factors like the increasing use of 5G technology, Cloud gaming, gamification, the popularity of esports tournaments, and the use of mobile gaming devices. The gaming market in India, which was worth $2.6 billion in … Read more