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Intel Sells Arm Holdings Stake

The sale, completed in the second quarter, raised approximately USD 146.7 million based on Arm’s average stock price during that period

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Intellect Design Arena Arm Targets $100 Mn Revenue By 2029; Launches New AI Platform

The company said it aims to secure over 50 customers in the next three to five years

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LTIMindtree Receives Rs 62 Cr GST Demand

The demand comes from allegations that the company incorrectly handled zero-rated supply provisions, leading to a proportionate reversal of input tax credit

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BFSI Gained Momentum With Acquisitions, May Become Top Vertical By Q2: Happiest Minds Execs

In an interview with BW Businessworld, Happiest Minds Technologies’ MD & CFO Venkatraman Narayanan and Executive Vice Chairman Joseph Anantharaju discuss company’s inorganic growth trajectory, future of BFSI vertical and 30-35 per cent growth forecast for FY25

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Indians Opting For Premium Smartphones Including 5G-enabled, Shipments Data Reveals

The average selling price of smartphones grew by 2.8 per cent during April-June; however, they declined by 5.6 per cent from the January-March quarter to USD 248

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Intel Retains Lead In Global PC Market, AMD's Data Centre Gains Narrow The Gap

AMD sees 115 per cent increase in data centre sales, strategically focuses on AI accelerators, Intel's lead in client hardware retains

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X Faces GDPR Complaint Over Unconsented AI Training

Austrian advocacy group NOYB has lodged a formal complaint against the social media platform X

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Happiest Minds Technologies PAT Drops 29% Despite Revenue Growth In Q1 FY25

The revenue for the quarter grew to Rs 463.83 crore, up from Rs 417.29 crore in Q4 FY24

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