Page 9 - Tech Process News Today

The transaction values IMS at about $4.3 billion. Intel will retain majority ownership of IMS, and the transaction is expected to close in the fourth quarter.

Apart from investors in the first fund, new investors, including high networth individuals (HNIs), family offices and insurance companies and Sidbis fund of funds programme have invested or have committed money in the second fund.

TSMCs Chairman Mark Liu said last week that "Arm is an important element of our ecosystem, our technology and our customers ecosystem. We want it to be successful, we want it to be healthy. Thats the bottom line."

Apple also introduced a new feature to the Series 9 watches called "double tap" where users tap thumb and finger together twice, without touching the watch, in order to perform tasks like answering a phone call.

Apple said that USB-C charging cables are coming to both its iPhone 15 and the charging case of its AirPods Pro devices, allowing the use of the same charging cables already used for iPads and Macs.

Both the Pro and other iPhone 15 models will have a brighter display and a 48-megapixel camera as well as 100% recycled cobalt in their batteries.

Digital lending picked up at a stellar pace in the first quarter of the financial year (Q1 FY24), with volumes recording annual growth of 31%.

Uber will extend several benefits to Indian Navys personnel and their families, including a personalised profile on the Uber app; premier executive cab category, among other things.

The ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the founding and management team was an important component in decision making.

An eye on profitability and balancing growth with innovation are the key traits that jurors will look for in the contenders.