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Showing posts from August, 2023

GANESH DHARMA

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

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The party is looking to kickstart the formal process for the vote when Parliament returns on Monday. from BBC News - UK Politics https://ift.tt/MFUHz5E via DHARMA

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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,

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Sabina Nessa's sister Jebina Islam says she is "delighted" by the change that puts relatives "first". from BBC News - UK Politics https://ift.tt/R9yw3We via DHARMA

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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

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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

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Ben Wallace, who currently holds the role, announced his departure last month. from BBC News - UK Politics https://ift.tt/4W0cyab via DHARMA

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The charity says its frustration at environment plans "led us to attack the people not the policy". from BBC News - UK Politics https://ift.tt/LBlvrV4 via DHARMA

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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

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The minister says the UK can't ignore China, but some call the government's approach incoherent. from BBC News - UK Politics https://ift.tt/vscl7bE via DHARMA

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Households on universal credit lose £5,000 or more as authorities claw back historic overpayments. from BBC News - UK Politics https://ift.tt/kBqSvUt via DHARMA

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The UK government says it will present its progress on disability rights to the UN in 2024 instead. from BBC News - UK Politics https://ift.tt/mbCjDHi via DHARMA

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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

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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

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Laws designed to protect waterways have ended plans for thousands of homes, developers claim. from BBC News - UK Politics https://ift.tt/rMi6LAS via DHARMA

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Nubia is working on a new smartphone with a vastly improved camera, according to details shared by a tipster. An image of a prototype that has leaked online alongside the company's existing Nubia Z50S Pro smartphone. Compared to the Nubia Z50S Pro , the unreleased smartphone is shown to have a much larger rear camera module that will house a 35mm camera with a 1-inch type sensor, according to the tipster. The company is yet to announce any details regarding its plans to launch a new smartphone. Tipster Digital Chat Station (translated from Chinese) leaked an image of the purported Nubia flagship smartphone via Weibo. The prototype is seen next to the Nubia Z50S Pro, which was launched in China last month. Aside from the larger rear camera module on the unreleased handset, both phones appear nearly identical, which suggests that the company could launch it as the top-of-the-line model in the Z50S series. The upcoming smartphone from Nubia will be equipped with a 35mm camera wit

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Pepe Coin ecosystem is undergoing turbulent times since last week as speculations about the project being a big scam heated up on social media. A Pepe developer has claimed that three members of the memecoin's developer team ‘went rogue' last week and made bulky transfers outside of Pepe's multi-sig wallet for their malicious motives. Since the developer team behind the memecoin remains anonymous, no names of responsible parties have been revealed on public domains. “$PEPE has unfortunately been plagued by inner strife with a portion of the team being bad actors led by big egos and greed,” the unnamed developer who claims to be in control of the project now published in an explanatory tweet. Disclosing more details, the developer said the three now ex-members of Pepe's developer team stole 16 trillion or 60 percent of the 26 trillion tokens from its multi-sig wallet and wired them for sale to centralised exchanges . “They then removed themselves from the multi sig in

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Oppo is all set to launch new A series phones, which also includes Oppo A38. The smartphone has reportedly been spotted on various certification sites. While the company is yet to confirm the launch of the smartphone, a recent report has leaked the renders and specification of the purported Oppo A38. The handset is expected to be the successor of the Oppo A36 , which was launched last year in January. It came equipped with a Qualcomm Snapdragon 680 SoC, paired with 8GB of RAM and 256GB internal storage. An Appuals report , in collaboration with tipster Sudhansu Ambhore, has leaked the renders, price and certain specifications of the upcoming Oppo A38. The smartphone is said to come in Black and Gold colour variants. The pricing of the smartphone is expected to be around EUR 159 (nearly Rs. 14,200) for the 4GB RAM + 128GB storage variant.  While the company has not revealed any details about the smartphone, it is reportedly slated to launch in Europe in September. The phone could also

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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

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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&#

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Firefighters have raised concerns about overcrowding and fire exit access on the Bibby Stockholm. from BBC News - UK Politics https://ift.tt/CtfEhwV via DHARMA

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The home secretary says she wants to see a radical change in the way police tackle lower-level crimes. from BBC News - UK Politics https://ift.tt/lHM3Aex via DHARMA

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Shadow chancellor Rachel Reeves says extra money for public services must come from economic growth. from BBC News - UK Politics https://ift.tt/oNiqctv via DHARMA

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The Mid Bedfordshire seat is up for grabs after Nadine Dorries quit with a scathing resignation letter. from BBC News - UK Politics https://ift.tt/Ah2N1Eo via DHARMA

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The Tory MP published the eviscerating letter she wrote to Rishi Sunak. from BBC News - UK Politics https://ift.tt/K72HfBM via DHARMA

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Vivo V29e is all set to debut in Indian market on August 28. Ahead of its debut, an earlier report leaked the colour options along with the design and key specifications of the smartphone. Now, another report has hinted at the smartphone's price as well as storage options in India. Additionally, the product page for the upcoming smartphone has also been made live on Vivo India's official website as well as Flipkart. The earlier report claimed the smartphone to be launched in the Rs. 25,000 to Rs. 30,000 price range. According to a new report from The Techoutlook, the upcoming Vivo V29e could be launched in two storage options. While the 8GB RAM + 128GB storage variant is expected to be priced at Rs. 26,999, another model with 8GB RAM and 256GB storage could debut in India at Rs. 28,999. This also confirms the earlier rumours that suggested the smartphone to be priced between Rs. 25,000 and Rs. 30,000. However, the storage options as well as exact pricing are yet to be reveal

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YouTube Music has been working on enhancing the listening experience for its user. The music streaming app is reportedly rolling out live lyrics to all its users across Android and iOS. This will be similar to live lyrics that are available on Spotify when a user plays a song. The feature on YouTube Music was reportedly first spotted in April, while it has rolled out widely to the users now. However, the live lyrics will not be available for all songs yet. A 9to5Google report revealed that YouTube Music is rolling out its live lyrics feature to users across Android and iOS app. With the live lyrics feature, the line which is playing will be highlighted in white, while rest of the lyrics will be visible in faint gray. Gadgets360 was able to independently verify the feature on the YouTube Music app. To access the live lyrics on YouTube Music, users can play any song with lyrics attached to them, and head to the Lyrics tab in the Now Playing screen. The report also added that live ly

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Honor is all set to host its keynote at IFA 2023 in Berlin on September 1, where it will launch Honor Magic V2 smartphone in select global markets. Ahead of the company's keynote, another foldable smartphone has reportedly visited China's 3C certification website revealing some of the key details. The smartphone, rumoured to be Honor Magic Vs 2, is tipped to be an outward folding device. However, any official details regarding the smartphone are yet to emerge. Meanwhile, Honor Magic V2 has already been launched in China. According to a report by MyFixGuide, Honor is likely to expand its foldable smartphone range with a rumoured Honor Magic Vs 2. The smartphone, which is being speculated to debut later this year in October, has recently visited China's 3C certification site. The purported handset is listed with the model number VCA-AN00. It is tipped to come as the company's first outward folding device. The listing also suggested that the Honor Magic Vs 2 could be su

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Xiaomi is reportedly planning to bring successors to Redmi Note 12 Pro 5G and Redmi Note 12 Pro+ 5G , which were launched this year in March. Recently, two new Redmi phones, expected to be Redmi Note 13 Pro and a Redmi Note 13 Pro+, are said to have been spotted on the TENAA certification website revealing the key details. The purported Redmi Note 13 Pro will be launched as a successor to the Redmi Note 12 Pro. The upcoming smartphone has been tipped to be powered by a 5,020mAh battery and sport a 6.67-inch OLED display. Tipster Digital Chat Station(translated from Chinese) has shared the screengrabs of detailed specifications of two new Redmi phones spotted on the TENAA certifications site. The smartphones, speculated to be Redmi Note 13 Pro and Note 13 Pro+, are listed on the TENAA site with model numbers 2312DRA50C and 2312DRA50C. The listing reveals that the smartphones will be 5G-supported and will sport a 6.67-inch OLED display. The, Redmi Note 13 Pro+ is tipped to pack up to

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Prime Minister Narendra Modi flew down to Bengaluru on Saturday directly from the Greek capital of Athens to interact with ISRO scientists on the successful Chandrayaan-3 mission and announced the decision to name the place where lander Vikram  touched down on the lunar surface as "Shiva Shakti Point".  Terming the success of Chandrayaan-3 mission as an 'extraordinary moment' in the history of India's India's space programme, he said the place where the Chandrayaan-2 lander crash-landed on the Moon's surface in 2019 would be known as "Tiranga Point". August 23, the day the Chandrayaan-3 lander touched down on the lunar surface, would be celebrated as National Space Day, said the Prime Minister, who turned emotional while addressing the team ISRO at ISRO Telemetry Tracking and Command Network (ISTRAC) here, as he lavishly praised them for their dedication and passion . ISRO Chairman S Somanath briefed him about the Chandrayaan-3 mission. A

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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

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Swiggy , the Softbank -backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers to assess its valuation, after halting the process for months due to weak markets, three sources with direct knowledge of the matter said. Swiggy, which delivers food from restaurants and also groceries, was valued at $10.7 billion (nearly Rs. 88,350 crore) in its last fundraising in 2022 but like many Indian startups put its IPO plans on hold amid a funding crunch and investor concerns about stretched valuations. But as global and Indian markets have rebounded Swiggy has restarted its IPO planning by inviting eight investment banks to make pitches in early September to work on the IPO, including Morgan Stanley, JP Morgan and Bank of America, two of the sources said.  Swiggy is using the last funding round valuation of $10.7 billion as a benchmark for IPO planning, said one of the sources, who is directly involved in the planning process. But this source sa

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The cost of the asylum system has nearly doubled in a year to £4bn, government figures show. from BBC News - UK Politics https://ift.tt/6J3qPwA via DHARMA

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Money to help departing MPs close their offices will now cover four rather than two months. from BBC News - UK Politics https://ift.tt/wpNEcOf via DHARMA

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The US Justice Department sued Elon Musk -owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against asylum seekers and refugees in hiring. "The lawsuit alleges that, from at least September 2018 to May 2022, SpaceX routinely discouraged asylees and refugees from applying and refused to hire or consider them, because of their citizenship status, in violation of the Immigration and Nationality Act," the Justice Department said in a statement. In job postings and public statements over several years, SpaceX wrongly claimed that under federal regulations known as export control laws, SpaceX could hire only US citizens and lawful permanent residents, sometimes referred to as "green card holders," the Justice Department said. The Justice Department also pointed to online posts from the company's billionaire owner Musk as example of "discriminatory public statements." The lawsuit cited a June 2020 post on X , formerly cal

GANESH DHARMA

Citizens Advice says it has seen a 17% rise the number of people asking for help with gas and electricity bills. from BBC News - UK Politics https://ift.tt/P5wqdLU via DHARMA