Planning a production

San Francisco: Apple is reportedly planning to launch a new subscription service that would be focused on podcasts.The tech giant is currently in talks with production companies about the service which would charge people to listen to podcasts, reports The Information.By charging for individual podcasts, Apple could give creators a new way to make more money, which may convince them to leave rival servicesThe service could be bundled with other services like Apple Music, Apple TV+, Apple Arcade, and Apple News+ as part of the Apple One bundles that the company offers.Currently, it is not clear what sort of content would be made available behind the subscription paywall.Spotify is also planning to create a separate service for exclusive podcasts which became popular in the pandemic as people stayed home. The streaming giant has invested heavily into podcasts over the last few years. It has spent over $800 million on snapping up podcast companies.Amazon is also looking to disrupt the … [Read more...] about Apple planning a podcast subscription service: Report

A year and a half after it got SoftBank to invest $250 million, or about Rs 1,725 crore, at a billion-dollar valuation, Ola Electric is planning to raise $300 million from existing and new investors, multiple people aware of the development said.This part of a larger strategy by the electric vehicle arm of leading homegrown ride-hailing company Ola Cabs to become a full-range electric vehicle maker by adding motorcycles, three-wheelers and other modes of last-mile transport to its product portfolio, they said.Having set up the world’s largest scooter factory of 2 million units in Hosur at a Rs 2400 crore investment, Tamil Nadu, Ola Electric will be rolling out range of electric scooters within a couple months to challenge mainstream petrol-powered scooters and disrupt the nascent yet adrenaline-packed personal electric two-wheeler segment in India.“Funds will be used for brand building, distribution,” an official said on condition of anonymity. “But unlike peers … [Read more...] about Ola Electric switches on $300 million fund raise plans

New Delhi: Consumer household product manufacturer Cello is aiming to capture a 20 percent market share in the country's cookware range with the launch of Tri-ply cookware category, the company said in a statement.The company is introducing the product range across the country. The cookware range is specially created to cater to the niche segment of affordable cookware in India.The range of products includes Frypan, Kadai, Grill pan, and Casserole in varied sizes, emphasizing every kitchen need. The company has set up a dedicated team of people comprising sourcing, R&D, quality, sales and marketing teams to focus on building research capabilities to enhance the product innovation pipeline across categories. The new range of products will be retailed through all the major retail outlets, and will also be available at all leading e-commerce platforms. The company aims to localise goods for India and Make India a self-reliant country for all kinds of products.“Our research has … [Read more...] about Cello aims 20 pct market share in cookware category

"We really feel very good about our content investments as well as marketing, and we deeply invested on our product to make it local. You can add the UI as a local language, we are available on almost every device possible, we have partnerships with telcos and TV distributors...So we feel pretty good about our lineup, our investments and our growth going forward," he said. … [Read more...] about Amazon Prime Video to continue investing in local content

In that year alone, the region lifted some 100,000 residents out of poverty and helped them increase their incomes by developing labor-intensive industries such as textiles and clothing and electronics parts. Industries suitable for local conditions, including specialty farming and livestock breeding, processing of agricultural products and rural tourism were also promoted. … [Read more...] about Uygur man reaps rewards of new industries