Page 17 - Tech Companies

China's new regulation blueprint signals its crackdown will go on for years

The document said authorities would "actively" work on legislation in areas including national security, technology and monopolies

Microsoft sees steady cloud growth after record April-June quarter profit

Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings

Zoom to buy cloud-based call centre operator Five9 in $15-billion deal

Teleconferencing services provider has become a household name and investor favorite since the coronavirus pandemic.

Overseas listings: China tightens grip with review of firms with large data

The security review will put a focus on risks of data being affected, controlled or manipulated by foreign governments after overseas listings, said the Cyberspace Administration of China

NetConnect Global to expand operations in India by hiring 5,000 techies

NetConnect Global (NCG) on Monday said the company is planning to hire 5,000 technology professionals pan-India by the end of this calendar year to facilitate its expansion operations in India.

The stock market as mirror: The changes that they reveal, and don't reveal

While Nifty 50 reflects changes in 40 years, it also shows what is missing: Low-cost manufacturers at one end, and deep-value players at the other. Also missing are technology players, notes T N Ninan

Must discuss accountability of big tech companies, says S Jaishankar

External Affairs Minister S Jaishankar on Wednesday said that issues like responsibility and accountability of the big tech companies which enjoy huge power and influence must be debated

Microsoft challenges Apple's biz model with new Windows 11 operating system

The company also said it will integrate its Teams chat software directly into the operating system, a move that could cause conflict with Slack Technologies Inc, Microsoft's top rival in the workplace

Big Tech loses first round in Congress anti-trust battle: Report

Tech companies to take the fight over the proposed new regulations and oversight to the House floor and Senate

BrowserStack closes $200-million Series B funding at a $4-billion valuation

BrowserStack on Thursday announced that it had secured $200 million in Series B funding at a $4-billion valuation

From Infosys to Accenture, how tech companies are trying to go green

They are using technology to monitor their carbon footprint and reduce greenhouse gas emissions

K2V2 Tech expects Kylas CRM software to be Rs 70 cr revenue rate in 3 yrs

IT company K2V2 Technologies expects its newly-launched SME-focused CRM software Kylas to break-even in six months and touch annual revenue rate of Rs 70 crore in the third year of operation.

Technology company Cloudgen admits to H-1B visa fraud involving Indians

The technology company has admitted to committing fraud to bring Indians on the coveted H1-B visas to the US, according to a federal prosecutor

World stocks mixed after Wall Street rebound led by tech, financial firms

World shares were mostly higher on Friday after a broad rally led by tech and financial companies snapped a three-day losing streak on Wall Street. Germany's DAX gained 0.3% to 15,241.57 while the CAC 40 in Paris rose 0.4% to 6,315.27. Britain's FTSE 100 picked up 0.6% to 7,005.56. The future for the S&P 500 gained 0.5% while that for the Dow industrials added 0.3%. Markets rallied late in the week as prices of key commodities such as copper, zinc and aluminum slipped, alleviating concerns over inflation that had triggered sell-offs. Shares in big semiconductor manufacturers were among the biggest gainers. Japan's Nikkei 225 added 2.3% to 28,084.47 and the Kospi in Seoul picked up 1% to 3,153.32, lifted by gains for Samsung Electronics and SK Hynix, which gained 2.3% and 1.3% after announcing plans to expand their investments in chip production and development. In Hong Kong, the Hang Seng advanced 1.1% to 28,027.57. The Shanghai Composite index gained 1.8% to 3,490.38, while ...

Apple podcast service, tags for lost items expected at iPad launch event

The event, being broadcast from Apple's Cupertino, California headquarters, is also likely to include an update to Apple's iPad Pro tablet and its iMacs.

Microsoft buys AI firm Nuance Communications in $19.7-billion deal

With operations in 28 countries, the Burlington, Massachusetts-based company reported $1.5 billion in revenue in fiscal-year 2020

Mid-sized tech company Coforge acquires BPM firm SLK Global for Rs 918 cr

The acquisition is expected to expand Coforge's BPM operations, strengthen its financial services business, and increase presence in North America

Tech roles need women, but companies still prefer men

Technology is too important to be left in the hands of men alone. Unhappily, despite its importance in our daily lives, enough women are not participating in the creation of future technologies

Data privacy: Tension between big technology firms and govt boils over

Experts expect more regulatory action in India against these firms, and say this could have an impact on other parts of the world as well

Samsung expands presence in NAND flash market in fourth quarter

The firm has further upped its leadership in the global NAND flash market in the fourth quarter of 2020