Swiggy Said to Have Initiated Talks for IPO Plans, Eyes Stock Listing in 2024
Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers to…
Arm to Reportedly Start Manufacturing Its Own Semiconductor: Details
British chipmaker Arm is building its own semiconductor to showcase the capabilities of its products, as it seeks to attract new…
Arm Plans to Charge Device Makers for Chips Based on Device Value: Report
Arm, owned by Japan’s SoftBank Group, is seeking to raise prices for its chip designs, as it aims to boost…
Alibaba Group Sells Remaining Stake in Paytm Worth Rs. 1,378 Crore
China’s Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about Rs. 1,378 crore through…
In the SEC’s Suit Against Bankman-Fried, What About the Customers?
Federal prosecutors and regulators from the US Securities and Exchange Commission and US Commodity Futures Trading Commission all told a…
Paytm’s Parent Firm share Ended 1 Percent Higher Day After Falling Sharply
Shares of One97 Communications, Paytm’s parent firm on Friday ended over 1 percent higher, a day after falling sharply. In morning…
Temasek Writes Down $275 Million Investment in FTX Ahead of Bankruptcy Case
Singapore state investor Temasek Holdings said it would write down the value of its entire investment of $275 million (roughly…
Qualcomm, Nuvia Sued by Softbank’s Arm Over License Breach
Qualcomm, the US-based semiconductor company, and its acquired chip design firm Nuvia has been sued by Arm, a chip technology…
ConsenSys Says Valuation Doubled After Funding From Microsoft, SoftBank
Blockchain technology firm ConsenSys said on Tuesday its valuation had more than doubled to over $7 billion (roughly Rs. 53,421…
Nvidia May Scrap $40-Billion Acquisition of Arm: Here’s Why
US firm Nvidia is scrapping its $40 billion (roughly Rs. 2,98,600 crore) bid to buy UK mobile chip technology powerhouse Arm…