Page 8 - Technology Industry

Cognizant India net profit declines 11.4% to Rs 5,455 crore in FY20

Net profit declined 11.4 per cent to Rs 5,455 crore in FY20 from Rs 6,160 crore in FY19

With Alibaba investigation, China gets tougher on technology firms

China has produced its own crop of powerful internet titans, and they have been celebrated as icons of the nation's technological advancement.

India networking market declines 16.4% in third quarter: IDC report

India's networking market which includes ethernet switch, routers, and WLAN segments witnessed a 16.4 per cent year-over-year (YoY) decline in the third quarter of this year

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"

Gig economy takes centre stage as tech boosts opportunities for workers

According to a Nasscom report, it will emerge a pioneer in this new workforce model over the next 2-5 years

Dell most trusted brand for 2nd straight year, iPhone at 4th slot: Report

A consumer poll has ranked American computer brand Dell as the most trusted brand in the country for the second year in a row, with Mi Mobiles occupying the second slot.

Google Cloud rolls out database migration service for enterprises

Google Cloud has announced that its server-less Database Migration Service is available in Preview, that will make it easy for enterprise customers to move production databases to the cloud

Apple TV, other streaming apps arriving on new Xbox consoles on November 10

Microsoft has announced that Apple TV is coming to Xbox One and Xbox Series X and Xbox Series S gaming consoles on November 10

'Who the hell are you?', US lawmakers scold Twitter, Facebook, Google CEOs

"Sham!" and "who the hell are you" scoldings dominated a Senate hearing where the CEOs of Twitter, Facebook, and Google took heat in a talking match with US lawmakers over the idea of free speech

Over 6,600 H-1B visas approved for 14 Indian tech firms in 2019-20: Dhotre

These form 7.9 per cent of the total 85,000 H-1B visas approved for cap and cap-exempt initial employment, he said in a written reply to the Lok Sabha

With $500 mn funding led by Silver Lake, Byju's valuation crosses $10.8 bn

Byju's is rapidly narrowing the gap to become the most valuable startup in the country after digital payments firm Paytm, which is valued at around $16 billion

Female fund managers beat men at stock picks: Goldman Sachs Group

"Even after adjusting for risk, female-managed funds have outperformed their counterparts amid the pandemic-related market swings," Goldman strategists led by David Kostin wrote in a note to clients

Traditional firms take on Covid-19 through innovative firsts in market

"Immunity and antiviral have become the key words but consumers are not gullible and if they see through a company's claims, it loses the game even before it has begun it," said Harish Bijoor

Covid-19 pandemic led to revival of technology, expertise: Nandan Nilekani

He said that during Covid-19 crisis, digital and medical technologies stood out, which enabled people to work from home, and helped in dealing with the virus by developing better tests, drugs, vaccin

PE/VC investments drop 51% to $4.1 billion as big deals shrink in July

According to the IVCA-EY report, July recorded 10 large deals (value greater than $100 million) worth $3.1 billion compared to 13 large deals worth $7.1 billion in July 2019

Uber to hire 140 more engineers for Indian tech teams to expand products

These expansion plans are in line with itss vision to make mobility and delivery more accessible, and to become the backbone of transportation in thousands of cities across the globe, the company said

Google integrates exposure notification tech into upcoming Android 11

Google is integrating its Exposure Notification System (ENS) into the upcoming Android 11 and people will be able to use Exposure Notification apps without turning on the device location setting.

Big Tech and the coronavirus

None of the Big Tech companies or tycoons appears to be playing a meaningful role in the testing, spread, cure, or eradication of the virus or even in contact tracing so far

Industry lauds as India's draft rules for drones enter official gazette

Drone firms say the step may encourage an entire supply chain based on these machines, urges faster implementation of the process

Budgeting for the future of tech

Short courses that are linked to market needs and breakthrough technologies will be far more useful than degrees that are outdated from day one