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The Year 2017 Through The Eyes Of Elon Musk

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The year 2017 was an eventful one for technology, creation and entrepreneurship. While creators broke the world with their innovative ideas and innovations, one inventor had an immensely successful year. The last year can easily be termed as the year of Elon Musk. Love him or hate him, you cannot help but be amazed by the number of stupendous things achieved by this genius.

From SpaceX to the Boring Company to Tesla and Neuralink, Elon Musk has revolutionised the way we think about and approach the very concept of space travel, transportation and the way we work. With just a month into the New Year, it seems only fair to take a moment to look at the great things Elon Musk has done in the last year!

1. January 4 

Four days into 2017, Elon Musk announced that he had begun the mass production of batteries at its Gigacenter. The lithium ion cells are for use in its Powerpack and Powerwall home batteries.

2. January 23 

Musk meets President Trump at the White House along with Michael Dell and the Under Armour founder, Kevin Plank. This signalled the beginning of a very important discussion that started off a massive economic relationship between the American President and Elon Musk. Also, a lot of serious discussions began on testing Hyperloop, for the advanced transportation of technology.

3. February 1 

Months after Musk’s company voted to buy SolarCity, the company officially announced its decision to change the name from Tesla Motors to just Tesla, signalling the fact that the company is going to focus on cars.

4. February 27

Musk announces that SpaceX plans to fly two private citizens around the moon sometime in 2018. NASA also collaborated this information by saying that with this relationship, it would signal the beginning of a union between government based and private aerospace organisations.

5. April 4 

Tesla’s market capital rises to over 300, making it the most valuable company. With this, Tesla even surged past GM and Ford!

6. April 10 

Through Tesla, Musk created a brand new set of solar panels that weigh considerably lesser than the already existing ones. Also, the mounting for these panels wasn’t visible to the naked eye.

7. April 21 

Neuralink took the world by storm as it brought to the forefront the concept of brain computer interfaces. Musk’s work towards this “cyborg” goal became actualized this year

 

7. April 28

Musk officially launches the Boring Company and presents the possibilities of using the tunnels in conjunction with another one of his transportation ideas, the high-speed hyperloop rail.

8. May 3

Tesla delivered a record number of 25,o00 cars and displayed a total revenue of $ 2.7 billion, a first for the company since its partnership with SolarCity. Incidentally, this was also double the amount of revenue recorded by Tesla from the last year till now.

9. June 1 

Musk pulls out of Trump’s advisory council after Trump pulls out of the Paris Accord, a pact which includes every country in the world and works towards reducing the impact of climate change.

10. June 28 

Musk announces that he has started digging a tunnel under Los Angles using the boring machine created by the Boring Company. This was completed in October!

11. July 9 

The first 3 models of Tesla rolls off!

12. August 4

Contrary to the initial plan set by Musk himself in 2013, he starts construction work on the hyperloop himself!

13. September 29

Musk announces his intention to launch not one, but two spacecrafts on Mars using SpaceX rockets!

14. October 24

Tesla jumps in to save Peurto Rico and other Caribbean islands after Hurricane Maria by sending in Powerpanks and Solar Panels to the islands as well as by discussing plans to restore its grid.

15. November 16

Through Tesla, Musk announces Semi, a battery powered tractor trailer that can travel 500 miles on a single charge. The production for this tractor will begin in 2019!

Clearly the past year has been quite an exciting and interesting one for Elon Musk and we can only wait and watch to see what this brilliant revolutionalist will come up with for this year!

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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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