Elon Musk should try something new for a change: Ola CEO Bhavish Aggarwal

Elon Musk should try something new for a change: Ola CEO Bhavish Aggarwal


Bhavish Aggarwal and Elon Musk


The founder and CEO of Ola, Bhavish Aggarwal, recently appeared in the BT India@100 Conclave organised by Business Today where he mentioned that the tech billionaire Elon Musk should stop doing businesses that he is doing. 


When asked about his comparison with Musk, the Ola founder replied that he is younger than him and Musk is someone “we all look up to.” However, he also mentioned that he is not sure why he is venturing into the same businesses he is in. “Maybe he should try something new for a change,” Aggarwal added. He also stated that he started his venture Krutrim before the latter launched his AI venture. 


Drawing a comparison with the tech giant, Aggarwal said that we prefer kurta-pyjamas any day. “If people in Silicon Valley can wear leather jackets and black polo t-shirts, why can’t we wear a kurta and have long hair?”


Tesla is for West and Ola is for the rest


According to Aggarwal, “Tesla is for the West and Ola is for the rest.” He further explained that Ola Cabs, Ola Krutrim, and Ola Electric aim to change India’s digital ecosystem. He also mentioned that companies such as Tesla build for 1 billion rich people, however, the larger growth opportunity lies in the building for the global south, building for India and then moving to the global south. 


He said Ola is doing the same, “We’re the first to have a Gigafactory in India. Now with Krutrim, which is our most recent company, just eight months old, the opportunity and ambition is to build India’s AI text tech. And for too long in India, we have used global technologies without realising the implication of it.”


We’re living in the most exciting time of our lives: Bhavish


The entrepreneur also shared his struggles while building Ola in India. He recalled the time when people told him that India doesn’t have an EV market and he couldn’t get into the manufacturing market as well. 


Aggarwal also stated that if the principles of the business are solid with genuine intentions, you will find your path. ” For me and Ola, our focus has always been on seizing this pivotal moment for India. We’re living in the most exciting time of our lives, where India is on the rise, and the future will be shaped by Indians. With 20 per cent of the world’s growth happening here and a significant portion of the global youth in India, our country is poised to increasingly set the global agenda,” he added. 

First Published: Aug 21 2024 | 6:21 PM IST



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Samsung enables irregular heart rhythm feature on Galaxy Watches in India

Samsung enables irregular heart rhythm feature on Galaxy Watches in India


South Korean electronics maker Samsung on August 21 announced the rollout of the “Irregular Heart Rhythm Notification” (IHRN) feature on the Samsung Health Monitor app for select Galaxy Watches. According to Samsung, this new feature, combined with the app’s existing blood pressure and electrocardiogram (ECG) monitoring capabilities, helps detect heart rhythms suggestive of atrial fibrillation (AFib), offering Galaxy Watch users a more comprehensive understanding of their heart health.


“Once activated in the Samsung Health Monitor app, the IHRN feature continuously checks for irregular heart rhythms in the background using the Galaxy Watch’s BioActive Sensor. If a certain number of consecutive measurements are irregular, Galaxy Watch warns the user of potential AFib activity, prompting them to take an ECG using their watch for a more accurate measurement. With the existing blood pressure and heart rate monitoring, this new feature provides users with even deeper insights into their cardiovascular health,” said Samsung.


The irregular heart rhythm notification feature is now available on the Samsung Health Monitor app for Wear OS-based Galaxy Watches, including the latest Galaxy Watch 7 Ultra and Galaxy Watch 7. Other eligible models include the Galaxy Watch 6, Watch 5, and Watch 4 series.


To enable the feature, eligible Galaxy Watch users need to update the Samsung Health Monitor app on their devices through the Galaxy Store and then enable the IHRN feature from the settings menu in the app.


“With the addition of the IHRN feature, Galaxy Watch users can now monitor other crucial aspects of their heart health. Equipped with Samsung’s BioActive Sensor, it offers tools to help users better understand their heart health, including on-demand ECG recording and an HR Alert function that detects abnormally high or low heart rates,” said Samsung.

First Published: Aug 21 2024 | 5:22 PM IST



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UK watchdog shuts down investigation into app stores of Apple, Google

UK watchdog shuts down investigation into app stores of Apple, Google


CMA said it had dropped both probes, pending the rollout of the Digital Markets, Competition and Consumers Act (DMCCA), which is expected to come into force later this year.


Britain’s competition watchdog has closed its existing investigations into Apple and Google’s respective app stores, awaiting new legislation governing digital markets.


In 2022, the Competition and Markets Authority (CMA) published a market study of mobile ecosystems in Britain, which found Apple and Google held an effective monopoly over the distribution of apps in Britain.

 


The body subsequently launched parallel investigations into both companies for alleged anticompetitive behaviour.

 


But in a statement published on Wednesday, the CMA said it had dropped both probes, pending the rollout of the Digital Markets, Competition and Consumers Act (DMCCA), which is expected to come into force later this year.

 


“Once the new pro-competition digital markets regime comes into force, we’ll be able to consider applying those new powers to concerns we have already identified through our existing work,” said Will Hayter, Executive Director for Digital Markets at the CMA.

 


Apple and Google did not immediately respond to requests for comment.

First Published: Aug 21 2024 | 5:03 PM IST



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Microsoft to release Indiana Jones for Sony PlayStation 5 after Xbox debut

Microsoft to release Indiana Jones for Sony PlayStation 5 after Xbox debut


Indiana Jones and the Great Circle


Microsoft and American video game developer Bethesda have announced that their upcoming game Indiana Jones and the Great Circle will also be available for the PlayStation 5. While the game will be released on PC, Xbox Series X, and Series S on December 9, PS5 owners will have to wait until spring next year to play it on their Sony-made gaming consoles.


This announcement follows Microsoft Gaming CEO Phil Spencer’s earlier statement this year about bringing Xbox-exclusive games to other platforms, including Sony’s PlayStation. At that time, he confirmed that at least four games would be ported to other consoles, though specific titles were not disclosed.


While a PlayStation release for Indiana Jones and the Great Circle is still some time away, Bethesda has started pre-orders on Xbox consoles and Steam for PCs. Customers who pre-order the game will receive exclusive benefits. Details are as follows:


Indiana Jones and the Great Circle: Price


Steam (For PCs)


Standard edition: Rs 4,999


Premium edition: Rs 7,142


Xbox Store


Standard edition: Rs 6,499


Digital Premium edition: Rs 8,949


Indiana Jones and the Great Circle: Pre-order Details


Customers who pre-order any edition will receive access to The Last Crusade Pack and additional in-game content such as the Travelling Suit Outfit and Lion Tamer Whip. Early access to the game is available exclusively for customers who pre-order the Premium edition.


The Premium edition also includes The Order of Giant Story downloadable content (DLC), a digital artbook, the Temple of Doom outfit, and more.


Indiana Jones and the Great Circle: Details


Indiana Jones and the Great Circle is set between Raiders of the Lost Ark and The Last Crusade and will offer a first-person, single-player experience. The game will take players from the Vatican and the deserts of Egypt to the temples of Sukhothai and the Himalayas. It will predominantly feature a first-person perspective with occasional third-person moments for a cinematic experience.

First Published: Aug 21 2024 | 4:21 PM IST



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Black Myth: Wukong game is a hit on launch: What's driving the success

Black Myth: Wukong game is a hit on launch: What's driving the success



Black Myth: Wukong, a video game launched by the Tencent-backed startup Game Science, has quickly become one of the most popular games on the major online platform, Steam. According to Reuters, the game, which draws inspiration from the Chinese mythological figure Sun Wukong and the classic novel “Journey to the West”, reached 1.4 million concurrent players shortly after its release on August 20, securing the top spot on Steam’s most-played games chart.


Game Science, founded in 2014 by Feng Ji, a former Tencent employee, developed Black Myth: Wukong as a high-budget title. Reuters reported that the game had been highly anticipated since it was first teased in 2020, and pre-orders began on June 8. By the week of 6-13 August, the game was already at the top of Steam’s China sales chart.


The game’s launch was met with widespread excitement, particularly in China. It became a trending topic on social media, with the related hashtag ranking second on Weibo, China’s popular microblogging platform, accumulating 1.7 billion views, according to Reuters. The game’s popularity also attracted the attention of major brands such as Lenovo Group, Luckin Coffee, and Didi, which incorporated elements inspired by the game into their marketing campaigns.


Chinese state media has praised Black Myth: Wukong for its portrayal of traditional Chinese culture. Reuters said that the game is being hailed as a significant cultural export, with the national broadcaster, China Central Television, noting that it offers a unique opportunity for Western players to learn about Chinese culture. The game, which allows players to experience the adventures of the magical monkey Sun Wukong, has already attracted 2.2 million concurrent players on Steam, just a day after its release.


The launch of Black Myth: Wukong marks a bold step for Chinese game developers into a market traditionally dominated by Western titles. According to the state news agency Xinhua, this success signifies that the default language of a major game no longer has to be English, but can be Chinese. Reuters noted that analysts believe this breakthrough could lead to increased global interest in Chinese-developed games and create opportunities for various sectors to benefit from intellectual property tie-ins.


Black Myth: Wukong stands out from other Chinese games, which are often mobile-based and rely on micro-transactions, as it is a one-time purchase game priced at 268 yuan (approximately $37.58) for the standard version and 328 yuan for the premium version.


Pre-sales for the game had already reached 400 million yuan by the time of its launch. Reuters mentioned that while it remains to be seen whether Black Myth: Wukong’s business model will generate significant profits, the game is being celebrated as China’s first AAA title capable of captivating a global audience. Industry experts believe that it will provide international players with a deeper understanding of traditional Chinese culture while offering an engaging gaming experience.

First Published: Aug 21 2024 | 3:22 PM IST



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