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Month: April 2025

Regional video streaming services earn a lot of funds from Indian viewers offshore

Posted on April 2, 2025April 2, 2025 by Newsbit

Local video streaming platforms focussed on regional languages and niche target audiences are increasingly getting a substantial chunk of their revenue from overseas Indian viewers, in some cases up to 40%. Not…

Anton Levy appointed to Warner Bros. Discovery Board of Directors

Posted on April 2, 2025April 2, 2025 by Newsbit

Warner Bros Discovery said Monday that it plans to add veteran tech investor Anton Levy as an independent director on its soon-to-expand board of directors. The company’s existing board, which consists of…

Cloud services in China rise 14% to $11.1B in Q4’24

Posted on April 2, 2025April 2, 2025 by Newsbit

In Q4 2024, cloud infrastructure services spending in Mainland China reached US$11.1 billion, representing year-on-year growth of 14%, according to the latest data from Canalys, now part of Omdia. For full-year 2024,…

At today’s meeting, Trump will consider plans to sell TikTok

Posted on April 2, 2025April 2, 2025 by Newsbit

President Donald Trump will today meet to consider a proposal for divesting TikTok’s US operations from Chinese parent company ByteDance Ltd., just days ahead of a deadline for a sale of the…

The telecom industry in Fiji will be evaluated

Posted on April 2, 2025April 2, 2025 by Newsbit

The Telecommunications Authority of Fiji (TAF) is embarking on a comprehensive market analysis of Fiji’s telecommunications sector. TAF states Fiji’s telecommunications sector has undergone significant transformation over the past few decades, with…

Ghibli effect: After the launch of the viral feature, ChatGPT usage hits a record peak

Posted on April 2, 2025April 2, 2025 by Newsbit

The frenzy to create Ghibli-style AI art using ChatGPT’s image-generation tool led to a record surge in users for OpenAI’s chatbot last week, straining its servers and temporarily limiting the feature’s usage….

IPOs worth $100B are anticipated in India’s tech sector by 2027

Posted on April 2, 2025April 2, 2025 by Newsbit

More than three dozen tech startups with a combined valuation of $100 billion are set to go public by 2027 in what would mark a rebound in stock sales in India, according…

Spending on cloud infrastructure is still growing

Posted on April 2, 2025April 2, 2025 by Newsbit

According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments,…

A bill to modify charity hospitals’ asset tax breaks is passed by the Senate

Posted on April 2, 2025April 2, 2025 by Newsbit

The Senate has passed a bill to revise property tax exemptions for nonprofit hospitals. Senate Majority Caucus Chairman Ben Toews described the bill as “a collaborative effort between the Idaho Association of…

US judicial decisions FDA isn’t able to control tests created in labs

Posted on April 2, 2025April 2, 2025 by Newsbit

The US District Court for the Eastern District of Texas March 31 ruled that the Food and Drug Administration does not have the authority to regulate laboratory-developed tests. The FDA last April…

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