SoftBank Group-owned chip manufacturer Arm is attracting funding from a number of major technology organisations ahead of what is likely to be one of the year’s largest initial public offerings.

Truecaller has recently launched Truecaller Assistant, an AI-powered feature that helps users manage their calls efficiently.

HCL Technologies has secured a $2.1 billion agreement, with Verizon Business to provide managed network services. This deal is expected to have an impact on revenue for the six years starting from November 2023.

The nation’s first piece of law to protect personal data was adopted by the Parliament on Wednesday, a significant milestone. The bill is called the Digital Personal Data Protection Bill (DPDP). The bill has been designed to be adaptive to changing technical ideas, enabling the addition of new data concepts without calling for further modifications, according to Minister of Communications and Information Technology Ashwini Vaishnaw.

Avid Technology Inc (AVID.O), a developer of media editing software, will be acquired by private equity company Symphony Technology Group (STG) on Wednesday for approximately $1.4 billion, including debt.

Amazon is, among the tech giants that are investing in the IPO of Arm Ltd underscoring the significance of Arms computing capabilities. Amazon Web Services chip, known as Graviton is built on Arms design. Arm is aiming to secure funding in the range of $8 10 billion. Has set its sights on a debut on Nasdaq. The involvement of investors in Arm further strengthens customer relationships making its IPO more appealing as SoftBank Vision Fund works towards recovery efforts. With a pivot, towards high royalty data servers and PCs Arm is positioning itself for growth.

Renesas Gadgets Organization a head provider of cutting-edge semiconductor arrangements, and Sequans Correspondences S.A. (NYSE: SQNS, Sequans), a forerunner in 5G/4G cell IoT chips and modules, today reported that the two organizations have gone into a reminder of understanding (the MoU).

The government is curre­ntly exploring the potential of Dire­ct-to-Mobile (D2M) technology, which allows live TV channe­ls to be accessed on mobile­ devices without the ne­ed for data. Discussions are underway with stake­holders, including telecom ope­rators. However, there­ are concerns about how D2M could impact data reve­nue.

Some of the biggest corporations in the technology sector, including the Big Four and social media behemoths, are based in the United States. These companies have dominated their respective markets,

Tenstorrent, a Canadian firm, has received $100 million in financing from Hyundai, Samsung, and Kia to challenge Nvidia’s supremacy in AI chip supply.

In previous quarters, analysts have expressed concern about PayPal’s underwhelming margins. The company’s low-margin business goods have risen rapidly, but branded product growth has stalled owing to rising competition from

Ashwini Vaishnaw, the communications minister, stated in a Koo post on Tuesday.“The world’s fastest 5G rollout continues, with over 3 lakh sites installed in 714 districts. World’s second largest 5G ecosystem.”