From India winning bronze in Esports Championship in CWG2022 to various other electronic launches, let’s look at the changes the technology world saw and brush up on our knowledge about the technology news the world saw this week.
1. The Syrma SGS Tech IPO will commence on August 12 with a fixed price range of Rs 209–220 per share.
The main market is poised to regain its momentum after a pause of almost three months thanks to Syrma SGS Technology’s initial public offering (IPO), which will open for subscription on Friday, August 12. The engineering and design firm has set the price range for the problem at Rs 209–220 per unit. The publication date is August 18, 2018. (Thursday). Through its primary offering, which includes a fresh issue of Rs 766 crore and the sale of 33,69,360 equity shares held by current shareholders and founders, the business hopes to raise Rs 840 crore.
2. Ed-tech and offline players merge for a long-term commercial strategy following the pandemic
According to analysts, Post-Covid, ed-tech, and offline firms in the nation are choosing the hybrid approach, mergers, and partnerships to create a long-term and sustainable business strategy. Shantanu Rooj, the founder and CEO of TeamLease EdTech, added that the industry is also considering partnerships and mergers because without them, many start-ups that can’t make their businesses sustainable will face existential problems and may go out of business. The omnichannel strategy is more sustainable even in the future, thus ed startups and unicorns are eyeing the hybrid retail model, according to TeamLease EdTech founder and CEO Rooj. The future of the ed-tech sector in the post-Covid era is a blend of online and offline learning.
3. At the inaugural Commonwealth Esports Championship in 2022, India wins bronze in Dota 2
Congratulations Team India for clinching the win for DOTA 2 (Open) Bronze Decider match in #CEC2022. 🎉🥉@esfindia @British_Esports@thecgf#worldconnected #esports #CommonwealthSport pic.twitter.com/bJANKOuPlh
— Global Esports Federation (@GE_Federation) August 7, 2022
On Sunday, the India team competing in the Dota 2 competition at the first Commonwealth Esports Championship 2022 took home the bronze medal. In a best-of-three match, India defeated the team from New Zealand by a score of 2-0 to win the medal. India, which also took home a bronze medal from the 2018 Asian Games, is hoping to make a big impression in the Asian Games in 2022 when e-sports will be a legitimate medal event. Moin Ejaz, the team’s captain, was joined by Ketan Goyal, Abhishek Yadav, Shubhnam Goli, and Vishal Vernekar on the Indian Dota 2 squad. In a best-of-three style, the Indian team defeated the New Zealand team by a score of 2-0 with tough games and varied strategies.
4. Launched in India: Sony Bravia Master Series A95K OLED TV With XR Cognitive Processor
In India, a new Sony Bravia Master Series A95K OLED TV has been introduced. The 65-inch TV with the model number XR-65A95K was just released in India. Sony first debuted the series earlier this year. It has an XR Cognitive processor that offers the depth, contrast, and vibrant colours, according to the manufacturer. It has a 4K QD-OLED display, which is said to provide superior mid-tones and deeper blacks. Dolby Vision and Dolby Atmos are installed in the TV to create a theatre-like experience. Additionally, it provides a Netflix Adaptive Calibrated Mode and an IMAX Enhanced function. On the website, the TV costs Rs. 3,51,490.
5. In India, Ola Electric will debut a new EV on August 15
On India’s 75th Independence Day, Ola Electric might introduce a brand-new electric vehicle (EV). Recently, a corporate official teased the online debut of its impending EV. The company will broadcast the debut ceremony. The corporation will shortly provide the date, time, and streaming URL online. Ola Electric stated that it will also make its future ambitions known at the occasion. The new product is described by the manufacturer as the “greenest EV” it has ever produced. Ola Electric has not yet specified whether it will have two or four wheels. The CEO of Ola Electric, Bhavish Aggarwal, recently announced on Twitter that the firm will introduce a second electric vehicle (EV) on August 15 of this year in India. The official company account also uploaded the same teaser video.
6. Google was sued for stopping early adopters from using free workspace software
An early user of Alphabet’s Google’s Workplace cloud productivity software filed a lawsuit against the business, alleging that Google broke a commitment to give it free access to the software for life. There are many services offered by Google Workplace. All users can access some of the programmes for free, but business services like personalised email addresses and shared Drive storage are chargeable. The Stratford Company LLC filed a lawsuit on behalf of all early users who were persuaded to utilise the programme when it was still in its infancy, enabling Google to polish it and subsequently charge for it. The early adopters were guaranteed a free version of Workspace as long as Google made it available, according to Stratford Company.