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Arm Holdings plans to launch its roadshow for investors after Labor Day, as the chip designer prepares for its much-anticipated initial public offering (IPO) in September, according to people familiar with the matter. Arm, owned by SoftBank Group , is expected to set a price range for its offering next week, the sources said, adding the company plans to price its shares on September 13, with stock trading to start the following day. SoftBank plans to sell about 10 percent of Arm's shares in the IPO at a valuation of $60 billion (roughly Rs. 4,96,095 crore) to $70 billion (roughly Rs. 5,80,600 crore), Reuters has previously reported. SoftBank decided to sell fewer Arm shares in the IPO after buying the 25 percent stake in Arm it did not directly own from its Vision Fund unit. Several customers of Arm have held talks about taking a piece of the IPO including Apple , Amazon.com , Intel , Nvidia , Alphabet , Microsoft , Samsung Electronics , and TSMC , Reuters has previously reporte

Viacom18  on Thursday created a near monopoly in Indian cricket broadcasting sphere by bagging both TV and digital rights of the national team's home series for the next five years with a cumulative bid of approximately Rs. 6000 crore, beating Star India  and Sony in a three-way battle.  The BCCI had invited separate e-bids for both linear (TV) and digital for best price discovery. "Viacom18 paid Rs. 3101 crore (approximately) for digital and Rs. 2862 crore for linear (TV). As has been the trend, digital has fetched more in Rs. 5963 crore (approximately) deal. "With IPL digital rights being bought by Viacom for Rs. 26,000 crore plus, they now have almost all the high profile cricket properties save IPL linear (TV) and ICC events," a broadcasting industry source, tracking developments closely, told PTI on conditions of anonymity. The rights will come into effect with India's three-match home series against Australia beginning September 22 and end on March 31,

Advocacy group Noyb on Thursday filed complaints against Google -owned Fitbit in Austria, the Netherlands and Italy accusing the fitness tracking company of violating the European Union's General Data Protection Regulation (GDPR) privacy regime. Vienna-based Noyb (None Of Your Business), the digital rights group founded by privacy activist Max Schrems, has already filed hundreds of complaints against big tech companies ranging from Alphabet 's Google to Meta over privacy violations, some leading to big fines. Fitbit forces its users to consent to data transfers outside the EU and does not provide the possibility to withdraw their consent, violating GDPR's requirements, Noyb said. Fitbit sells watches that track activity, heart rate and sleep. It also offers a subscription service starting at $9.99 (nearly Rs. 830) a month. "Given that the company collects the most sensitive health data, it's astonishing that it doesn't even try to explain its use of such

Samsung is reportedly planning to launch the next iteration of its flagship Galaxy S series smartphones in 2024. While there have been no official details available about the successor to the Galaxy S23 series, reports and rumours have hinted at the expected specifications and features of the Galaxy S24 lineup. A recent report has suggested that the Galaxy S24 Ultra could come with a Snapdragon chipset. Previously, the Galaxy S24 series, comprising the Galaxy S24, Galaxy S24+, and Galaxy S24 Ultra, was said to be equipped with Exynos 2400 SoC in the European market. A new leak by Weibo user Instant Digital (translated from Chinese) says that the top-of-the-line Galaxy S24 Ultra will be equipped with Snapdragon 8 Gen 3 SoC in all markets, while the other two model, i.e., Galaxy S24 and Galaxy S24+ could be launched with Exynos 2400 SoC under the hood in select markets. The latest leak refutes with a previous report that suggested that the Galaxy S24 series, including the top-end Ga

The iQoo Z7 Pro 5G is the latest addition to the company's Z series of smartphones in India. iQoo is pushing the processor and the design as some of the phone's unique selling points. Armed with a more stylish design than the iQoo Z7 5G , should you be considering the new Z7 Pro 5G as your next mid-range purchase? Here's our initial thoughts on the new 5G smartphone. The Z7 Pro 5G comes with the typical bundled accessories, and this includes a 66W power adapter and a transparent case. The charging brick is pretty big and has a USB Type-A port. The phone is priced at Rs. 21,999 and Rs. 22,999, for the 128GB and 256GB variants respectively.  The iQoo Z7 Pro 5G looks very stylish in this Blue Lagoon colour. It's also available in a Graphite Matte colour. It's very light at just 175g and is only 7.36mm thick, giving it a very premium look and in-hand feel. Despite this slim size, iQoo has managed to pack a 4,600mAh battery inside. The body is also IP52 rated to wit

Bitcoin stepped into Thursday trading in losses. The most expensive cryptocurrency, that incurred a loss of 0.67 percent today, is trading at the price point of $27,190 (roughly Rs. 22.4 lakh). Bitcoin finally was able to break out of its $26,000 (roughly Rs. 21.5 lakh) spell a day ago. Despite today's minor loss, Bitcoin held onto its risen value. In the last 24 hours, BTC value slipped by $306 (roughly Rs. 25,292). Ether joined Bitcoin on the loss-registering side of the crypto price chart on Thursday. Dipping by 1.15 percent, Ether is currently trading at the price point of $1,699 (roughly Rs. 1.40 lakh). Over the last 24 hours, losses reduced Ether's price by $19 (roughly Rs. 1,570). “BTC seems to have lost the momentum it had gained after Grayscale's historic win against the SEC. However, analysts predict a 75 percent chance that Bitcoin ETFs will get approval this year. The SEC is also expected to rule on the ETF applications submitted by other players like BlackRo

Apple is testing the use of 3D printers to produce the steel chassis used by some of its upcoming smartwatches, according to people with knowledge of the matter, heralding a major change to how the company manufactures products. The technique would obviate the need to cut large slabs of metal into the product's shape. That would reduce the time it takes to build devices while also helping the environment by using less material, according to the people, who asked not to be identified because the plan is private. The new approach has the potential to streamline Apple's supply chain and kick off a broader shift. If the work with Apple Watch  models goes to plan, the tech giant will look to expand the process to more products over the next several years, the people said. A spokeswoman for the Cupertino, California-based company declined to comment. To date, Apple has used a more conventional manufacturing approach for its stainless-steel watches, which account for about 10 perc

Samsung will reportedly launch the successor to the Galaxy S23 series early next year. While the smartphones are still months away from their debut, several rumours and leaks have revealed expected specifications and features of the purported Galaxy S24 series. The Galaxy S24 series will likely comprise a Galaxy S24, Galaxy S24+, and a Galaxy S24 Ultra. Now, details of the phones' processor and their storage options has been leaked online. The phones are tipped to get an Exynos processor in Europe. A new leak by tipster Ice Universe (@UniverseIce) revealed that the Galaxy S24 series will ship in Europe with the Exynos 2400 SoC with cores clocked at a speed of 3.16GHz, 2.9GHz, 2.6GHz, and 1.95GHz. Additionally, the tipster went on to reveal some more details about the purported smartphones. The Galaxy S24+ is said to come with a WQHD+ screen with 3120x1440 resolution whereas all three models will offer a peak brightness of 2,500 nits. The tipster has also teased the renders of

Apple on Tuesday confirmed that it would host its next launch event, titled 'Wonderlust' on September 12. The company's rumoured iPhone 15 series of smartphones is expected to make its debut at the event. Apple is tipped to bring noteworthy hardware upgrades to the iPhone lineup this year such as a periscope camera to the Pro series and a new programmable 'Action' button. The Cupertino company could also launch the Apple Watch Series 9 and a second-generation Apple Watch Ultra, as well as a version of the second-generation AirPods Pro with a USB Type-C port, according to recent reports. From Apple's announcement of its next launch event to the products expected to debut in the coming weeks, here's everything you need to know about the upcoming 'Wonderlust' event that will take place on September 12. Apple 'Wonderlust' event and expected software updates The next Apple event is titled 'Wonderlust' and will take place on September 1

What are the biggest movies releasing in September 2023? Shah Rukh Khan headlines the biggest treat in Indian cinema this month with Jawan , an action-thriller which sees him in the role of an emotional vigilante, on a mission to rectify the wrongs in society. Marking the first Hindi-language film for director Atlee, it drops September 7 in cinemas. A bit before that, prime yourself for a warm tale of brotherhood, as a pair of bickering siblings unite to attend a secret party, while their mother is out of town. Starring Babil Khan - the son of the late Irrfan Khan - in the lead, Friday Night Plan releases September 1 on Netflix . On the Hollywood side, Denzel Washington is back to serve heavy-handed justice on behalf of the needy in The Equalizer 3, as he tests his odds against the Italian mafia. The final chapter co-stars Dakota Fanning, who reunites with the celebrated actor nearly 20 years after the 2004 film Man on Fire when she was a child. The film is out September 1 in th

Bitcoin, after weeks of trading at a stagnated price point of around $26,000 (roughly Rs. 21.5 lakh), finally has managed to break out of its resistance point. On Wednesday, Bitcoin reflected a substantial gain of 5.30 percent to trade at $27,496 (roughly Rs. 22.7 lakh). In the last 24 hours, the most expensive cryptocurrency jumped by $1,409 (roughly Rs. 1.16 lakh). As per experts, this price action for BTC has resulted from the liquidation of around $75 million (roughly Rs. 620 crore) across exchanges in short positions. Ether price also rose notably by 3.81 percent stepping into Wednesday. At the time of writing, ETH was trading at $1,718 (roughly Rs. 1.41 lakh). The value of ETH rose by $65 (roughly Rs. 5,370) over the last day. "This tremendous positive growth could be attributed to the US Court ruling with Grayscale in a lawsuit against the Securities and Exchange Commission about the company's application to convert the Grayscale Bitcoin Trust to an ETF. This develop

The Laser-Induced Breakdown Spectroscope instrument onboard ' Pragyan ' rover of Chandrayaan-3 has unambiguously confirmed the presence of sulphur on the lunar surface near south pole, through first-ever in-situ measurements, ISRO said on Tuesday.  It also said the instrument also detected aluminium, calcium, iron, chromium, titanium, manganese, silicon and oxygen, as expected. "The Laser-Induced Breakdown Spectroscopy (LIBS) instrument onboard Chandrayaan-3 Rover has made the first-ever in-situ measurements on the elemental composition of the lunar surface near the south pole. These in-situ measurements confirm the presence of Sulphur (S) in the region unambiguously, something that was not feasible by the instruments onboard the orbiters," the space agency said in a statement. According to ISRO, LIBS is a scientific technique that analyses the composition of materials by exposing them to intense laser pulses. "A high-energy laser pulse is focused onto the

Chinese smartphone maker Xiaomi  reported a 4 percent revenue drop in the second quarter, tracking a shrinkage in China's handset market, but said its move into making electric vehicles was running ahead of schedule. Sales dropped to CNY 67.4 billion (nearly Rs. 76,450 crore) from CNY 70.17 billion (nearly Rs. 80,650 crore) in the same quarter a year earlier, but beating analysts' estimates of CNY 65.13 billion (nearly Rs. 74,860 crore). Net income rose to CNY 5.14 billion (nearly Rs. 5,830 crore) over the period, an increase of 147 percent from CNY 2.08 billion (nearly Rs. 2,390 crore) a year earlier, also beating expectations. The company put the increase down to cost cutting and efficiency improvements, particularly in its physical stores. "Despite the macroeconomic headwinds in the global market we continue to expand our footprint," Xiaomi President Lu Weibing said on an earnings call.  "Several of our peers already exited from certain areas in this chal

The Archies , the coming-of-age musical from Zoya Akhtar , just got a release date. The film is slated to drop December 7 on Netflix , drawing inspiration from the globally-loved Archie Comics characters and putting an Anglo-Indian spin on it. As part of the reveal, the cast got together at Mumbai's Western Express Highway to pose next to a billboard with a timer that counts down the days to its premiere. Filming on The Archies wrapped up in December last year, with Akhtar credited as the co-writer alongside Ayesha Devitre ( Gehraiyaan ) and Reema Kagti ( Made in Heaven ). Akhtar reimagines the fictional town of Riverdale through an Anglo-Indian lens, setting it at a hill station in the swinging 1960s, as the film follows the lives of Archie and friends navigating friendship, heartbreak, rebellion, school protests, dance parties, and more. A teaser from the Netflix Tudum event showed instances of rock ‘n' roll, which didn't sit well with the local audience who found th

The Idol has been cancelled at HBO , after just one season. HBO has chosen not to renew the controversial series from Sam Levinson and Abel ‘ The Weeknd ' Tesfaye, which was subjected to poor reception from both critics and audiences alike. Season 1 ended after merely five episodes, despite initially mentioning six planned episodes. This caused many to wonder if the studio was pulling the plug on the show early on due to hate-watching, albeit it was claimed later that it was a communication error. When rumours about the cancellation of a second season began making rounds in June, HBO's PR team stepped in to say that a decision had not been made. “ The Idol was one of HBO's most provocative original programs, and we're pleased by the strong audience response,” an HBO spokesperson told The Hollywood Reporter . “After much thought and consideration, HBO, as well as the creators and producers have decided not to move forward with a second season. We're grateful to