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Monday, January 20, 2025 | 10:37 PM ISTEN Hindi

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Page 2 - Tech Companies

IT companies face 'long curve' before revenue visibility from GenAI

Peter Bendor-Samuel, CEO, Everest, a research firm, said there was a long curve before GenAI started generating money

IT companies face 'long curve' before revenue visibility from GenAI
Updated On : 08 Aug 2024 | 11:36 PM IST

Microsoft regains top spot as best employer to work for in India: Randstad

The company was on the top of the list in 2022, but had slipped to fifth in 2023

Microsoft regains top spot as best employer to work for in India: Randstad
Updated On : 07 Aug 2024 | 10:54 PM IST

Big Tech's AI promises become a 'show me' story for investors: Report

Results from Microsoft Corp., Meta Platforms Inc., Amazon.com Inc. and Apple Inc. this week signaled that biggest companies in world are still heavily investing in artificial intelligence

Big Tech's AI promises become a 'show me' story for investors: Report
Updated On : 03 Aug 2024 | 7:28 PM IST

Netweb Tech Q1 results: Firm's net profit jumps 3-fold to Rs 15.4 cr

IT hardware company Netweb Technologies on Saturday posted over three-fold jump in net profit to Rs 15.4 crore in the April-June quarter of 2024-25. The company had posted a net profit of Rs 5 crore in the same period a year ago. Total income also increased to Rs 153.21 crore during the reported quarter from Rs 60.2 crore in June 2023 quarter. "AI systems has emerged as a pivotal growth pillar, contributing significantly to our operating revenue, with its share increasing to 14.6 per cent in the quarter gone by, marking a robust growth of 146 per cent YoY," Sanjay Lodha, Chairman and Managing Director, Netweb Technologies said.

Netweb Tech Q1 results: Firm's net profit jumps 3-fold to Rs 15.4 cr
Updated On : 20 Jul 2024 | 11:00 PM IST

MeitY lets tech firms, data fiduciaries decide on parental consent methods

The Ministry of Electronics and Information Technology has urged tech firms to adopt advanced methods for obtaining parental consent while allowing them to determine the best practices independently

MeitY lets tech firms, data fiduciaries decide on parental consent methods
Updated On : 19 Jul 2024 | 10:52 AM IST

TCS' AI pipeline at $1.5bn; focus on talent development, AI engagement

TCS is working on an AI-based interview coach that evaluates both the content of an employee's responses and their body language and tone, providing corrective feedback

TCS' AI pipeline at $1.5bn; focus on talent development, AI engagement
Updated On : 17 Jul 2024 | 4:18 PM IST

India plans new law for fair payments from tech giants to news publishers

The proposed legislation will be in addition to the proposed Digital Competition Bill, for which public consultations have already been completed

India plans new law for fair payments from tech giants to news publishers
Updated On : 11 Jul 2024 | 9:35 AM IST

40% investment by TaMo CV arm in FY25 to be in advanced tech: Girish Wagh

"We will continue to invest in software," Wagh said, adding capex in the CV business would be around 2-4 per cent of revenues

40% investment by TaMo CV arm in FY25 to be in advanced tech: Girish Wagh
Updated On : 27 Jun 2024 | 6:34 AM IST

Budget 2024: Tech Inc for fewer tariffs, Rs 1 trillion deeptech fund

The tech industry body also recommended removing the 2.5 per cent tariff slab to enhance ease of business in the industry

Budget 2024: Tech Inc for fewer tariffs, Rs 1 trillion deeptech fund
Updated On : 26 Jun 2024 | 11:35 PM IST

Why does the American Surgeon General want warning labels on social media?

Banning phones in schools to limited screen times at home: Vivek Murthy is advocating for proactive steps by all to safeguard mental health of the youth on social media platforms

Why does the American Surgeon General want warning labels on social media?
Updated On : 19 Jun 2024 | 1:02 PM IST

I&B ministry holds meet to talk revenue sharing by Big Tech firms

The government has been approached by the digital news publishers regarding abuse of dominant position by big tech players in ad-revenue share agreements

I&B ministry holds meet to talk revenue sharing by Big Tech firms
Updated On : 12 Jun 2024 | 10:56 PM IST

Tech giants working closely on AI compliance, says top EU's data regulator

AI creates a number of potential issues for data privacy, the two top officials at Ireland's Data Protection Commission said in an interview on Tuesday

Tech giants working closely on AI compliance, says top EU's data regulator
Updated On : 29 May 2024 | 10:15 AM IST

Netgear looks to expand in India as part of global growth strategy

India is the fastest-growing economy in the world and one of the high-growth nations within Netgear as well, said Charles Prober, chief executive officer of Netgear

Netgear looks to expand in India as part of global growth strategy
Updated On : 16 May 2024 | 7:20 PM IST

OpenAI's co-founder Ilya Sutskever parts ways with ChatGPT maker Altman

Microsoft-backed OpenAI makes the popular ChatGPT chatbot, which sparked a race among the world's largest tech companies for dominance in the emerging generative AI field

OpenAI's co-founder Ilya Sutskever parts ways with ChatGPT maker Altman
Updated On : 15 May 2024 | 9:45 AM IST

India has fewer than 2,000 senior engineers for developing core AI products

This stands in stark contrast to the 650,000-700,000 individuals that the tech industry body Nasscom said have received training in AI within leading tech companies

India has fewer than 2,000 senior engineers for developing core AI products
Updated On : 06 May 2024 | 2:37 PM IST

Tech CEO of 19 firm gets 6-year sentence in US for counterfeit Cisco sales

The fake equipment compromised public and private sectors, including sensitive government systems used by the military

Tech CEO of 19 firm gets 6-year sentence in US for counterfeit Cisco sales
Updated On : 03 May 2024 | 5:03 PM IST

US blacklists 4 Chinese tech companies for helping China's military

The four companies were allegedly supplying artificial intelligence chips for China's military modernisation programmes

US blacklists 4 Chinese tech companies for helping China's military
Updated On : 13 Apr 2024 | 2:14 PM IST

US layoffs surge 7% to reach 14-month high amid govt, tech cutbacks

Tech industry continued to outpace other sectors in jobs cuts through the first quarter of this year

US layoffs surge 7% to reach 14-month high amid govt, tech cutbacks
Updated On : 04 Apr 2024 | 5:19 PM IST

Acquire this: Technology startup deals are getting pricier, shows data

There were four acquisitions each for financial technology and high-tech firms, three for enterprise infrastructure and two for media and entertainment

Acquire this: Technology startup deals are getting pricier, shows data
Updated On : 31 Mar 2024 | 10:22 PM IST

No better country than India for tech firms: Amazon's Manish Tiwary

India is second-largest market for e-commerce major in terms of number of employees, only behind the US. Amazon is doubling down on its job creation efforts in the country

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Updated On : 29 Mar 2024 | 12:36 PM IST