Author: Arabian Media staff

Minute Media, a leading global technology and sports content company, has announced its acquisition of AI-powered video solutions company VideoVerse. VideoVerse’s leading product, Magnifi, an AI-driven SaaS technology platform, enables content owners and rights holders to automatically detect key moments, create highlights in real time, and distribute compelling short-form video content efficiently.The addition of VideoVerse will enable Minute Media to provide unprecedented value to the sports content ecosystem, furthering both parties’ partnership capabilities. With this acquisition, Minute Media plans to deploy a fully integrated creation, distribution, and monetization solution, furthering its strategic partnerships with top teams, leagues, and federations around…

Chennai-based Unico Housing Finance Pvt. Ltd has raised Rs 120 crore from Anicut Capital and UC Impower to expand its footprint in India’s affordable housing finance market, which is seeing strong demand from first-time home buyers in smaller towns.The funding, an equity infusion, will boost the lender’s net worth beyond Rs 210 crore and help scale its operations across under-served Tier II and III cities, the company said in a statement. Since starting operations in December 2023, Unico Housing Finance has grown to 86 branches across seven states and built assets under management of about Rs 500 crore in 18…

ChatGPT maker OpenAI on Thursday said it has entered a non-binding deal with Microsoft to reshape their partnership. Under this plan, OpenAI’s for-profit arm would be restructured into a public benefit corporation (PBC), a legal structure designed to balance commercial success with a mission-driven purpose.“Microsoft and OpenAI have signed a non-binding memorandum of understanding (MOU) for the next phase of our partnership. We are actively working to finalise contractual terms in a definitive agreement. Together, we remain focused on delivering the best AI tools for everyone, grounded in our shared commitment to safety,” the companies said in a joint statement.In…

Hello,A good day for India’s startup ecosystem.In what appears to be one of the strongest debuts by an Indian consumer startup in recent months, Urban Company’s initial public offering drew heavy investor demand on the second day of bidding, with overall subscriptions reaching 9X the shares on offer.Elsewhere, Oracle is tantalisingly close to becoming a trillion-dollar company.The enterprise software maker’s shares retreated on Thursday after a record AI-driven surge in the previous session pushed the company to new heights and helped Co-founder Larry Ellison briefly become the world’s richest person.Looks like Oracle’s dream run is just a part of a…

In 2016, when data plans suddenly became cheaper, a wave of first-time internet users surged into India’s small towns and villages. They came online not to binge videos, but to see their own lives reflected, in language, in utility, in context. By 2024, India counted 886 million active internet users, according to a report from the Internet and Mobile Association of India, with rural India accounting for 55% (about 488 million). Almost everyone, 98%, was accessing content in Indic languages, and even in urban areas; 57% preferred digital platforms in their native tongue.That tidal shift demanded a new kind of…

In Mumbai, a 24-year-old software developer processes more international payments in a month than his parents handled in their entire careers. He doesn’t wait for bank approvals or deal with SWIFT transfers. Instead, he converts rupees to USDC, receives payments from clients in 15 countries, and settles freelance work instantly, all from his smartphone, even when traditional banks are closed for holidays or weekends. But here’s what makes his story remarkable: he’s not just using crypto payments; he’s creating wealth for himself and his community in ways the traditional system never allowed.When he and his developer friends provide liquidity to…

For decades, Indian farmers have battled crop diseases that often strike without warning, wiping out weeks of hard work and cutting into already thin margins. Today, a new breed of agri-startups is changing that story with artificial intelligence. By combining AI-powered image recognition, drone surveillance, satellite data, and IoT sensors, these startups can detect early signs of crop stress—like fungal infections, nutrient deficiencies, or pest attacks—long before they become visible to the naked eye. Machine learning models trained on thousands of plant images help farmers receive real-time alerts through mobile apps, while predictive analytics flag high-risk areas based on weather…

Opinions expressed by Entrepreneur contributors are their own. It’s August. Your inbox is full of OOO replies, Slack pings have slowed to a whisper and if you’re lucky, you’re halfway through a bottle of overpriced rosé on someone’s porch.But if you’re just now starting to think about your Q4 strategy? You’re not behind — you’re already in trouble.Q4 isn’t just another quarter. It’s the Super Bowl of marketing. And while most teams are sleepwalking through summer, this is your chance to take the lead. The ones who win Q4 are laying down the groundwork now. The ones who don’t? They’re…

Markets regulator Sebi on Wednesday said foreign portfolio investors who put money only in government securities under the fully accessible route will not be required to furnish investor group details.Such investors will also be exempted from certain disclosure and reporting requirements applicable to regular foreign portfolio investors (FPIs), the regulator said in a circular.The move is aimed at streamlining procedures and attracting more long-term overseas investments in the sovereign debt market.Sebi said the amendments to the FPI framework were carried out in August this year to simplify compliance for this category of investors. Accordingly, the master circular for FPIs has…

College students today have “more resources available to you in your phone than anybody in the history of everything,” said Mark Cuban earlier this week at the All-In Summit. And that’s exactly the advice he tells his college-aged kids.Cuban told the audience that he is advising his three kids (two are in college) to shy away from looking for a job at a big company. In the joint interview with former Fox News anchor Tucker Carlson, Cuban said getting a job at a large corporation now is tougher than ever — especially as these companies integrate AI into everyday workflows.”I…