Global Technology Industry

Highlights: Odisha CM Majhi allocates portfolios to ministers; keeps home, finance with himself

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Bank stocks steady after Credit Suisse rescue, focus turns to Fed, US banks

The demise of 167-year-old Credit Suisse was triggered by the collapse of U.S. mid-sized lenders Silicon Valley Bank (SVB) and Signature Bank, and investors are concerned about potential bombs ticking

Global smartphone shipments decline more than 18% in holiday quarter

Global smartphone shipments declined 18.3 per cent (year-over-year) to 300.3 million units in the holiday quarter of 2022, the largest-ever decline in a single quarter

Covid impact shows that work can be done remotely: Wipro's Rishad Premji

IT companies facing high attrition because they chase the same talent pool and should widen their search, he says

India poised to become next global SaaS capital, says EY-CII study

According to a study by EY and CII titled "India: The next global SaaS capital", India is poised to become the next SaaS capital over the next few years

Adani signs agreement with Israel agency for access to technology

Collaboration will give Indian group access to latest know-how in 5G, cyber, AI

FBI, MI5 intelligence officials give major warning on Chinese spying

'The Chinese government is set on stealing your technology--whatever it is that makes your industry tick--and using it to undercut your business and dominate your market'

Google to shut down 'Currents' in 2023, users to be moved to 'Spaces'

Currents was to enable people have meaningful discussions and interactions across organisation, helping keep everyone in the know and allowing leaders to connect with their employees

Microsoft, Google, Dell join FB in legal battle against hacking company NSO

Tech giants including Microsoft and Google on joined Facebook's legal battle against hacking company NSO, filing a brief that warned that the Israeli firm's tools were "powerful, and dangerous"

Global technology companies threaten to leave Pakistan over new rules

The coalition said it was "alarmed by the scope of Pakistan's new law targeting internet companies, as well as the government's opaque process by which these rules were developed."

Time for tech solutions designed in India, but deployed for world: PM Modi

PM Narendra Modi said it is time for tech solutions that are designed in India but deployed for the world, and the country is uniquely positioned to leap ahead in the information era

Global tech show CES to be held online in 2021 over Covid-19 concerns

CES is the biggest annual event in Las Vegas and cancellation will be a blow to the city, where hotel prices soar and roads clog with traffic during the event

Google unveils cloud acceleration programme for enterprises on SAP platform

The Cloud Acceleration Programme is an evolution of Lighthouse

Dark clouds gather as tech stockpiles hit pre-crisis levels

This comes amid a possible US-China trade war, likely monetary tightening by the Fed, more expensive growth in China's consumer economy