Trending Tech News

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

India's steel-to-energy  JSW Group is in early talks with Chinese automaker Leapmotor  to license technology to build electric vehicles in India, according to people familiar with the discussions.  Under the technology licensing agreement, JSW would use Leapmotor's platform — the structural underpinnings of a car on which it is built — to manufacture EVs in India under its own brand name, the sources said, in the company's second attempt to enter the growing business. JSW is likely to use a single platform on which it can build at least three mid-sized sport-utility vehicles (SUVs), one of the sources said, adding that Leapmotor will also engineer the cars for the Indian company. The sources did not say when production might begin.  The group has also been in talks to buy a stake in MG Motor India, owned by China's SAIC Motor, for its EV push in the country but those discussions have slowed, the person added. India's EV market is small, with Tata Motors domi

Five Chinese tech firms, including Baidu  and SenseTime Group, on Thursday launched their artificial intelligence (AI) chatbots to the public after receiving government approval, as China's government pushes to widen the use of such products amid competition with the United States. Baidu, China's leading online search provider, said in a statement that its ChatGPT -like chatbot, Ernie Bot, was now fully accessible to the public. A SenseTime spokesperson told Reuters via email that its chatbot, SenseChat, was also now "fully available to serve all users".  Three AI start-ups, Baichuan Intelligent Technology, Zhipu AI and MiniMax, also announced similar public launches on Thursday. Shares in Baidu and SenseTime jumped in Hong Kong trade, gaining 2.1 percent and 2.3 percent respectively in a broader market that was trading 0.55 percent lower.  Unlike other countries, China requires companies to submit security assessments and receive clearance before releasing mass-

India's steel-to-energy  JSW Group is in early talks with Chinese automaker Leapmotor  to license technology to build electric vehicles in India, according to people familiar with the discussions.  Under the technology licensing agreement, JSW would use Leapmotor's platform — the structural underpinnings of a car on which it is built — to manufacture EVs in India under its own brand name, the sources said, in the company's second attempt to enter the growing business. JSW is likely to use a single platform on which it can build at least three mid-sized sport-utility vehicles (SUVs), one of the sources said, adding that Leapmotor will also engineer the cars for the Indian company. The sources did not say when production might begin.  The group has also been in talks to buy a stake in MG Motor India, owned by China's SAIC Motor, for its EV push in the country but those discussions have slowed, the person added. India's EV market is small, with Tata Motors domi

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

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

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

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

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

iPhone 15 series has now got an official launch date as the California-based tech giant has announced its upcoming Apple 'Wonderlust' Event. The event is all set to be take place on September 12, and will be live streamed online. The company is expected to release a number of products at the fall launch event, including the iPhone 15 series, Apple Watch Series 9, Apple Watch Ultra 2, along with the announcement for iOS 17 and watchOS 10 launch date. However, the company has not revealed the products that will launch on the Apple Event.  Apple has officially sent out invites for the fall launch event, named 'Wonderlust'. The event will take place at Apple Park on September 12, starting at 10 AM PT (10.30 PM IST). The launch will be live streamed online on apple.com  and the Apple TV app.  The upcoming launch event will witness the launch of the iPhone 15 series, which will include iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max. There have already been s

iPhone 15 series has now got an official launch date as the California-based tech giant has announced its upcoming Apple 'Wonderlust' Event. The event is all set to be take place on September 12, and will be live streamed online. The company is expected to release a number of products at the fall launch event, including the iPhone 15 series, Apple Watch Series 9, Apple Watch Ultra 2, along with the announcement for iOS 17 and watchOS 10 launch date. However, the company has not revealed the products that will launch on the Apple Event.  Apple has officially sent out invites for the fall launch event, named 'Wonderlust'. The event will take place at Apple Park on September 12, starting at 10 AM PT (10.30 PM IST). The launch will be live streamed online on apple.com  and the Apple TV app.  The upcoming launch event will witness the launch of the iPhone 15 series, which will include iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max. There have already been s

The global crypto market, that is currently undergoing a slump, could be losing community members who do not have an appetite for risky investments at the time. This impact of the slowdown has been highlighted by crypto exchange CoinSwitch after it laid off 44 employees earlier this month from its customer support team due a drop in customer queries. The company is now among many facing the brunt of dealing with volatile assets such as cryptocurrencies , especially in the lack of rules and regulations dedicated to overseeing the sector. Founded in 2017, CoinSwitch is a Bengaluru-based crypto exchange that claims to be catering to over 18 million users. “Queries from our users have dropped to just ten percent of what they used to be around a year ago. People who have been reaching out to us, usually tend to have questions regarding their KYC verifications,” a company official told Gadgets 360. “We continuously evaluate our business to stay competitive, prioritizing innovation, value

The global crypto market, that is currently undergoing a slump, could be losing community members who do not have an appetite for risky investments at the time. This impact of the slowdown has been highlighted by crypto exchange CoinSwitch after it laid off 44 employees earlier this month from its customer support team due a drop in customer queries. The company is now among many facing the brunt of dealing with volatile assets such as cryptocurrencies , especially in the lack of rules and regulations dedicated to overseeing the sector. Founded in 2017, CoinSwitch is a Bengaluru-based crypto exchange that claims to be catering to over 18 million users. “Queries from our users have dropped to just ten percent of what they used to be around a year ago. People who have been reaching out to us, usually tend to have questions regarding their KYC verifications,” a company official told Gadgets 360. “We continuously evaluate our business to stay competitive, prioritizing innovation, value

Moto G54 5G is set to launch on September 5 as a successor to the Moto G53 5G . The older model was globally introduced in January 2023 but was initially released in China in December 2022. The Moto G53 5G comes with an octa-core Qualcomm Snapdragon 480+ SoC and a 5,000mAh battery with 10W wired charging support. Ahead of the launch of the upcoming Moto G54, its design renders were leaked recently and the model was also spotted on certification sites. Now, all the key specifications of the upcoming handset has surfaced online. An Appuals report  has leaked the specifications of the Moto G54 5G. It is said to launch with a 6.5-inch full-HD+ (2400 x 1080 pixels) LCD display with a refresh rate of 120Hz and an aspect ratio of 20:9. The phone is said to be powered by an octa-core MediaTek Dimensity 7020 SoC paired with up to 12GB of RAM and up to 256GB of inbuilt storage. It is expected to ship with Android 13-based MyUX. The dual rear camera unit at the back of the Moto G54 5G is like

Moto G54 5G is set to launch on September 5 as a successor to the Moto G53 5G . The older model was globally introduced in January 2023 but was initially released in China in December 2022. The Moto G53 5G comes with an octa-core Qualcomm Snapdragon 480+ SoC and a 5,000mAh battery with 10W wired charging support. Ahead of the launch of the upcoming Moto G54, its design renders were leaked recently and the model was also spotted on certification sites. Now, all the key specifications of the upcoming handset has surfaced online. An Appuals report  has leaked the specifications of the Moto G54 5G. It is said to launch with a 6.5-inch full-HD+ (2400 x 1080 pixels) LCD display with a refresh rate of 120Hz and an aspect ratio of 20:9. The phone is said to be powered by an octa-core MediaTek Dimensity 7020 SoC paired with up to 12GB of RAM and up to 256GB of inbuilt storage. It is expected to ship with Android 13-based MyUX. The dual rear camera unit at the back of the Moto G54 5G is like

Samsung Galaxy S24 Ultra specifications have leaked online, months ahead of the expected debut of the company's top-of-the-line flagship smartphone for 2024. The successor to the Galaxy S23 Ultra that was unveiled this year could feature a display with flat edges, according to an image leaked on the microblogging website X (formerly Twitter). The Samsung Galaxy S24 Ultra is said to feature Qualcomm's yet-to-be-announced Snapdragon 8 Gen 3 SoC that is also expected to power most flagship smartphones from a range of manufacturers next year. Tipster Ice Universe (@UniverseIce) posted an image of the purported Samsung Galaxy S24 Ultra on Monday that shows the front portion of the handset. Unlike its predecessor, this handset appears to sport a display without curved edges. The bezels on the display appear similar to this year's model. The leaked image also shows a centre-aligned hole-punch cutout for the selfie camera located at the top of the display. Exclusive: Galaxy S

Samsung Galaxy S24 Ultra specifications have leaked online, months ahead of the expected debut of the company's top-of-the-line flagship smartphone for 2024. The successor to the Galaxy S23 Ultra that was unveiled this year could feature a display with flat edges, according to an image leaked on the microblogging website X (formerly Twitter). The Samsung Galaxy S24 Ultra is said to feature Qualcomm's yet-to-be-announced Snapdragon 8 Gen 3 SoC that is also expected to power most flagship smartphones from a range of manufacturers next year. Tipster Ice Universe (@UniverseIce) posted an image of the purported Samsung Galaxy S24 Ultra on Monday that shows the front portion of the handset. Unlike its predecessor, this handset appears to sport a display without curved edges. The bezels on the display appear similar to this year's model. The leaked image also shows a centre-aligned hole-punch cutout for the selfie camera located at the top of the display. Exclusive: Galaxy S

Japan's space agency on Monday postponed for the third time the launch of its " Moon Sniper " lunar mission due to poor weather. The H2-A rocket due to blast off from the southern island of Tanegashima was also carrying a research satellite developed with NASA and the European Space Agency . The Japan Aerospace Exploration Agency ( JAXA ) gave no new date for the start of the mission, which comes after India successfully landed a probe on the Moon last week. MHI Launch Services, the rocket co-developer, said on the social media platform X that the mission was called off "because it was confirmed that the upper wind does not satisfy the constraints at launch". Last week India landed a craft near the Moon's south pole, a historic triumph for the world's most populous nation and its low-cost space programme. Previously, only the United States, Russia and China had managed to put a spacecraft on the lunar surface, and none on the south pole. India&#

Japan's space agency on Monday postponed for the third time the launch of its " Moon Sniper " lunar mission due to poor weather. The H2-A rocket due to blast off from the southern island of Tanegashima was also carrying a research satellite developed with NASA and the European Space Agency . The Japan Aerospace Exploration Agency ( JAXA ) gave no new date for the start of the mission, which comes after India successfully landed a probe on the Moon last week. MHI Launch Services, the rocket co-developer, said on the social media platform X that the mission was called off "because it was confirmed that the upper wind does not satisfy the constraints at launch". Last week India landed a craft near the Moon's south pole, a historic triumph for the world's most populous nation and its low-cost space programme. Previously, only the United States, Russia and China had managed to put a spacecraft on the lunar surface, and none on the south pole. India&#

Sony Xperia 5 V, said to be a successor to last year's flagship offering Sony Xperia 5 IV , has started making a buzz a few days ago with its promo video. The company has now announced the launch date of the smartphone. After the launch of Xperia 1 V and Xperia 10 V, this will be the company's third smartphone launch this year. Earlier report suggests that the Xperia 5 V will debut with a dual rear camera unit, while it is likely to be powered by a Snapdragon 8 Gen 2 SoC. The Japanese tech giant posted an announcement video on X to reveal the launch date of Xperia 5 V. As mentioned, the smartphone launch is scheduled to take place on September 1, starting 4 PM local time (12.30 PM IST). However, the company has not revealed any other specifications or details about the upcoming phone.  According to a previous report, the smartphone could get three colour variants — black, blue, and white. It is expected to sport a dual camera unit at the back. The rear cameras on Xperia 5 V