Sunday, November 16, 2025

RMG ban sparks massive impairments as gaming majors erase India bets

Gaming companies are reporting large write-downs after India’s real money gaming ban, with major players such as Flutter, Clairvest and Nazara recording heavy impairments. Payment firms are also seeing reduced volumes as gaming transactions fall. Several gaming platforms have shut operations or exited India as the financial impact deepens.

from Tech-Economic Times https://ift.tt/fMFLkN6

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Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...