India’s Nazara acquires 48% stake in PokerBaazi operator Moonshine Technology
Science & Technology

India’s Nazara acquires 48% stake in PokerBaazi operator Moonshine Technology

Technology tamfitronics India-based gaming and sports media company Nazara Technologies has acquired a 47.7% stake in Moonshine Technology Private, operator of the PokerBaazi online poker platform.As part of the deal, Nazara will pay ₹832 Crore (£75.4m/€89.3m/$99.2m) to purchase the stake. Nazara will also inject ₹150 Crore in primary capital into PokerBaazi operator Moonshine via compulsory convertible preference shares. This stock will automatically convert into equity shares once the deal is completed. The flagship PokerBaazi brand has approximately 340,000 monthly active users and draws 85% of the company’s net revenue. Moonshine also operates the SportsBaazi fantasy sports platform, which generates 12% of overall revenue.Moonshine is headed by founder and CEO Navkiran Singh, with support from co-founders Puneet Singh, Varun Ganjoo, Avneet Rana, and Anirudh Chaudhry.“As the Indian gaming sector continues to grow, we firmly believe that...
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PAX Aus: everything we know so far. Technology, people, and schedule
Science & Technology

PAX Aus: everything we know so far. Technology, people, and schedule

Technology tamfitronics PAX Aus is less than a month away. Doors to Australia’s biggest gaming festival open on October 11-13 at the Melbourne Convention Exhibition Centre. The schedule is now live, and many vendors have confirmed their attendance. Here’s everything we know so far, and some of the cool things you can do in Melbourne next month.Technology tamfitronics PAX AustraliaRunning for a decade now, PAX Aus is three days of gaming fun and culture. There are games to play, cosplay competitions, panel discussions, a huge expo hall, tournaments, and performances. Many vendors have been confirmed, and we shared in our previous post, top global speakers coming to Melbourne. So here are more juicy details for you.Technology tamfitronics Which people can I meet?Panels are a great way to find out what’s happening in the gaming industry....
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Tesla’s Robotaxi: Everything We Know About the Self-Driving Car’s Reveal
Science & Technology

Tesla’s Robotaxi: Everything We Know About the Self-Driving Car’s Reveal

Technology tamfitronics Tesla's upcoming, long-promised, so-called robotaxi that has been teased for almost half a decade could finally be revealed in early October 2024, according to a new report. It suggests the automaker has arranged for the new vehicle with full self-driving technology to be revealed at the Warner Bros. Discovery movie studio lot in California, according to Bloomberg.The Tesla robotaxi reveal event was initially promised by CEO Elon Musk to happen August 8th, but that was later confirmed to be delayed until later in 2024. Now, Bloomberg suggests the reveal will take place in southern California on October 10. It's unclear what exactly will be revealed or how the studio lot could be useful to Tesla, but a Tesla hardware hacker also recently claimed that the electric vehicle automaker has been collecting fresh data...
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ANRF will connect all STEM areas: UoH VC B J Rao
Science & Technology

ANRF will connect all STEM areas: UoH VC B J Rao

Technology tamfitronics HomeNewsEducationUpdated - September 14, 2024 at 09:50 PM.| HyderabadTechnology tamfitronics B J Rao says that for the first time in the country, ANRF has been set to comprehensively connect Science, Technology, Engineering and Mathematics (STEM) areasB J Rao, Vice Chancellor, University of Hyderabad| Photo Credit:KSLAnusandhan National Research Foundation (ANRF) Act, 2023, is a very significant departure from the previous models of Research & Technology implementation schemes in the country and its vision is guided largely by the philosophy of National Education Policy (NEP), according to B J Rao, Vice Chancellor, University of Hyderabad (UoH).For the first time in the country, ANRF has been set to comprehensively connect Science, Technology, Engineering and Mathematics (STEM) areas with scientific and technological interfaces of humanities and social sciences streams for promoting and monitoring a multidisciplinary functioning across...
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