💸 Paytm Waives ONDC Commission, 🎮 Speculation Around GTA 6

Catch up on the latest in tech, business and startups - all in 5 minutes. [Newsletter Banner] Daily News Roundup Welcome to today's edition of the NextBigWhat Daily News! Today's top stories include I-T Dept taxing Netflix India, Paytm waiving commission on ONDC, and speculation around GTA 6. 🤔 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( 🇮🇳 IndiaTech: Latest tech and startup news. Income Tax Department to Tax Netflix India Operations - The Income Tax Department has determined that Netflix has a permanent establishment in India. - As such, Netflix is liable for its income in India to be assessed for tax. Paytm may waive buyer app commission on ONDC - Paytm may forego buyer app commission on ONDC. - This could help reduce prices on the open source network. - The open source network is challenging the duopoly of Swiggy and Zomato in the food delivery space. Neuberger Berman marks down investments in Pine Labs and PharmEasy as tech valuations decline - Neuberger Berman has marked down investments in Pine Labs and PharmEasy. - This is due to the chill in the consumer Internet investment ecosystem and the subsequent cooling down in startups’ growth in India. - The markdowns are being made by US institutional investors of their investments in late-stage companies. PM Modi’s space initiative for India relies on startups and private sector support - Investors have invested $119 million into Indian space startups in 2022, a significant increase from the $38 million in the years before 2017. - They view this as a cheaper alternative to European launchers, which are either grounded or in development. - They also see access to a booming manufacturing sector. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( 👨‍💻 ProductGeeks: New products everyday. Elevate your YT content with AI generated shorts: 2short.ai With 2short.ai, you can easily extract the best moments of your videos and turn them into performing shorts that drive views and subscribers. Grow your subscriber base by giving viewers a taste of your content and highlighting your channel. [Learn More]( The #1 LinkedIn automation tool: Dux-Soup Use Dux-Soup’s LinkedIn automation tool to network with prospects, scale your outreach, drive more leads and free up your time. Dux-Soup works on your native LinkedIn, Recruiter or Sales Navigator account. With no third party access required, it guarantees optimal safety of your LinkedIn account, whilst retaining all activity history within LinkedIn so you never lose any data. [Learn More]( 🌎 GlobalTech: Trending global tech news. EU lawmakers call for more negotiations to strengthen proposed US data transfer agreement - In December, the EU executive said that US safeguards against American intelligence activities were sufficient to address EU data privacy concerns. - EU lawmakers are now calling for further negotiations to strengthen the proposed US data transfer agreement. Google One Premium to offer priority access to Search Labs and SGE - Google One Premium subscribers will have priority access to Search Labs and SGE. - This access will not be immediate. Elon Musk in talks to appoint Linda Yaccarino as Twitter’s new CEO - Elon Musk is in talks to hire Linda Yaccarino as Twitter’s new CEO. - Linda Yaccarino is the chairman of global advertising and partnerships at NBCUniversal. - Two people with knowledge of the matter have confirmed the news. Speculation swirls around GTA 6’s potential price increase, multiple maps, and AI features - Speculation is building around GTA 6’s expected price, collector’s editions, and advanced AI systems. - Improved online gameplay is also expected. - GTA 6 is predicted to create a lot of excitement. 🤖 AI: Latest in AI and ML. Meta unveils AI features to help advertisers - Meta has announced an AI Sandbox for advertisers. - Advertisers can use the sandbox to create alternative copies, generate backgrounds with text prompts, and crop images for Facebook or Instagram ads. - The first feature allows brands to generate multiple variations of the same ad while maintaining the core message. - The background feature will allow advertisers to create a background for the ad using text prompts. - The image cropping feature will enable advertisers to crop images for Facebook or Instagram ads. Stack Overflow Sees Decline in Traffic as Coders Turn to ChatGPT - Coders are turning to ChatGPT instead of talking to strangers on a forum for help debugging computer science homework. - Stack Overflow has reportedly seen a significant decrease in traffic in the last few months. - ChatGPT may be the cause of the decrease in traffic. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](