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Microsoft: A Revolution Which Began On 4 April!

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The year was 1975. The day was Today, 4 April. At a time when most people didn’t know what computers were, two young men, Bill Gates and Paul Allen, decided to make history. Allen used to work as a programmer while Gates was still in college at Oxford. However, when the idea of Microsoft or Micro-Soft, as it was called then; came to be, they realised conventional life wouldn’t get them anywhere.

The inspiration of Microsoft as a company came to be when Paul Allen read an article about the Altair 8800 micro computer in the Popular Electronics magazine. Gates approached MITS (the makers of the Altair) and offered his and Allen’s services to write a new version of the BASIC programming language for the Altair. In eight weeks, Allen and Gates were able to demonstrate their program to MITS, who agreed to distribute and market the product under the name of Altair BASIC.

From then onwards, there no stopping the two of them. Microsoft’s first successful program that was publicly released was a new version of Unix called the Xenix. Released in the year 1980, Xenix later became the founding platform for Microsoft’s word processor called Multi Tool Word. This later became what is now known as Microsoft Word. In what was known as the deal of the century, Bill Gates earned sole licensing rights to MS-DOS for IBM. This was the first time Microsoft broke ground and came to be one of the largest software companies.

The very first Microsoft Mouse was launched on 2 May, with Microsoft’s crowning glory, Microsoft Windows, being launched in 1983. In 1986, the company went public and Bill Gates became the youngest ever billionaire. In August 1995, Microsoft released Windows 95. In 2001, the first XBox was launched. In 2005, Microsoft changed gaming forever by launching the XBox 360. In the year 2012, Microsoft made their first foray into the computing hardware market with the announcement of Surface tablets that ran Windows RT and Windows 8 Pro.

Microsoft grew from being a small startup in a garage to one of the wealthiest software companies in the world in a mere 43 years. With Windows being what it is today, none of this would have been possible had Bill Gates and Paul Allen been the conventional people they were expected to be!

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Meta’s Upcoming AR Glasses: A Sneak Peek

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Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.

MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.

As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

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Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

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Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

Nazara Technologies has sold its entire 71.54% stake in Sports Unity Private Limited, the company behind the multiplayer quiz game ‘Qunami’, for INR 7.15 lakh. This divestment, effective March 25, 2025, signifies a strategic shift for Nazara, which had previously acquired a controlling interest in Sports Unity in 2019 for INR 7.5 crore.

The decision to offload the stake comes as Sports Unity has faced financial difficulties, reporting no active business operations and a negative net worth of INR 0.45 crore at the end of FY24. This move aligns with Nazara’s broader strategy to streamline its operations and concentrate on more profitable ventures within the gaming sector.

This sale follows Nazara’s recent divestment of a 94.85% stake in another subsidiary, Open Play, to Moonshine Technologies for INR 104.33 crore. Despite reporting record quarterly revenue of INR 544.7 crore in Q3 FY25, Nazara experienced a 53.5% decline in net profit year-over-year.

Nazara continues to focus on enhancing its portfolio through strategic acquisitions and investments in high-potential gaming platforms while navigating the competitive landscape of the gaming industry.

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