Tag Archives: operating

News

Ola Electric Reportedly Planning to Go Public by the End of October 2023

Ola Electric, one of the fastest-growing electric two-wheeler companies in India, is looking to expand its business globally. To achieve this, the company is considering an initial public offering (IPO) as a way to penetrate the international market.

There have been rumors about Ola Electric going public, with reports suggesting that the company aimed to have its first IPO before the end of 2023. However, recently revealed insider information indicates that the company is closer to making this a reality. Ola Electric executives are reportedly urging bankers to prioritize their timeline for the IPO.

Take A Look At Ola Electric's New S1 Pro Gen 2 And S1X Electric Scooters

According to a recent report by Reuters, insiders from Ola Electric revealed the company’s aspirations for an IPO. The project, known as “Project Himalaya,” is backed by significant investors, including Temasek Holdings from Singapore and SoftBank from Japan. Ola Electric is estimated to be valued at $5.4 billion, with $700 million expected to be raised through its first public offering.

The report emphasizes an email sent by Ola Electric to its bankers and lawyers, requesting that the IPO timeline be given “utmost importance.” Sources mentioned that the company is working on a five-week deadline and has advised its legal and financial advisers not to plan extended leaves to ensure their availability. This aggressive approach reflects Ola Electric’s urgency to achieve the IPO.

Once Ola Electric files its IPO papers, they will undergo a review and approval process by India’s market regulator. During this process, the regulator may request additional information and raise inquiries, which could further delay the listing. Therefore, Ola Electric cannot guarantee a specific timeline, but it hopes to conduct IPO roadshows as early as January or February 2024.

Technology

5 Operating Systems to Try on Raspberry Pi for Beginners

The official operating system for the Raspberry Pi board, previously known as Raspbian, is now called Raspberry Pi OS. It is based on the Debian distribution and offers over 35,000 software packages to explore. There are three versions of the Raspberry Pi OS to choose from: desktop version, desktop with recommended software, and Lite (without a graphical interface, only command line). All versions are optimized for Raspberry Pi, ensuring compatibility.

Installing the Raspberry Pi OS is a breeze since it was developed by the Raspberry Pi Foundation. You just need to download the OS installer app called Raspberry Pi Imager (also made by the foundation), insert your microSD card into your computer, and select your preferred version of Raspberry Pi OS from the list.

What makes the Raspberry Pi OS ideal for beginners is its versatility. If you’re a developer, you can install any necessary software for your projects. You can even connect hardware like sensors and Arduino microcontrollers to the GPIO pins and ports, which are likely to be recognized seamlessly. If you’re not a developer, you can simply use the Raspberry Pi as a regular computer. You can browse the internet, listen to music, write documents, and watch videos without any hassle.

Cars, News

Burned By Its Heated Seat Subscription Plan, BMW Changes Paywall Strategy

In 2020, BMW introduced the BMW Operating System 7, which included the BMW ConnectedDrive Store. This online store allowed BMW owners to download and activate additional features and capabilities for their cars. However, BMW limited certain features, such as heated seats, to specific countries, which caused controversy.

BMW’s approach of using microtransactions and paywalled features as a revenue stream is not unique to the company. Tesla also faced criticism for initially limiting battery capacity and requiring customers to pay extra to unlock full performance through a software update. Volkswagen has also hinted at potentially placing its driverless car feature behind a subscription paywall. While recent events suggest that customer backlash may deter automakers from continuing such practices, the industry may still move towards a future where microtransactions for “connected” cars become common.

BMW

All-new BMW iDrive coming to the Neue Klasse.

Munich. The BMW Group is introducing a new display and operating concept called BMW iDrive, which will revolutionize the way drivers interact with their vehicles in the next generation. This groundbreaking technology will debut in the Neue Klasse starting in 2025. The future generation of BMW iDrive will transform the vehicle into a digital experience space, featuring the BMW Panoramic Vision, a new multifunction steering wheel, a new central display, and a new BMW 3D head-up display. These innovative elements will redefine the BMW user experience in all Neue Klasse models.

Logical progression of BMW iDrive with new technologies. The next evolution of BMW iDrive will offer a modern interior design with a focus on touch and advanced voice interaction. In the Neue Klasse, BMW iDrive will be characterized by four central elements.

  • The new BMW Panoramic Vision will provide a fresh perspective for both the driver and passengers. Based on a new head-up display technology, it will project information directly in the driver’s field of vision, spanning the entire width of the windshield.
  • The new BMW 3D head-up display will enhance the driving experience by displaying important information, such as assisted driving or traffic guidance, with high precision as 3D animations directly in the driver’s line of sight.
  • The new multifunction steering wheel will allow drivers to control the content displayed on the BMW Panoramic Vision and BMW 3D head-up display, while keeping their eyes on the road and hands on the wheel. The steering wheel buttons provide convenient and precise operation, enhanced by active haptic feedback and multilayer technology.
  • The focus of BMW iDrive in the Neue Klasse will be the new central display with intuitive touch function and iconic BMW styling. The matrix backlight technology ensures high resolution, vibrant colors, and strong contrast in all lighting conditions.

The future BMW iDrive will continue to feature the QuickSelect concept introduced in 2023. The system in the Neue Klasse is built on a highly integrated software architecture and uses the next generation of the BMW Operating System. By leveraging smart connectivity with the BMW Cloud and the customer’s digital ecosystem, the new iDrive creates an immersive user experience and takes the human-car interaction to a new level. It transforms the vehicles of the Neue Klasse into digital experience spaces.