Page 4 - Tech Companies

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

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 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

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

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

UK tech tycoon Mike Lynch called 'massive fraud' mastermind by US

Lynch's lawyer, Reid Weingarten, countered in his opening that the government's narrative paints a black-and-white picture and "that ain't the way the world works"

Nasscom inks pact with Australian Business NSW to accelerate market access

IT industry body Nasscom on Friday said it has signed an agreement with Australian industry body Business NSW to facilitate market access for technology companies in the two markets. Indian technology companies and firms in New South Wales will receive accelerated access to each other's markets as part of the new agreement that aims to synergise economic cooperation between India and Australia, Nasscom said.. An agreement between the Department of Enterprise, Investment, and Trade (DEIT), Indian industry body Nasscom, and Australian industry organisation Business NSW was signed in Sydney on Thursday, leveraging the Australia-India Economic Cooperation and Trade Agreement (ECTA) and positioning NSW at the centre of the burgeoning Australia-India technology corridor, Nasscom said in a statement. With a USD 254 billion tech industry as of FY2024, India is a global powerhouse, so we are looking forward to welcoming their startups and scaleups to Sydney through our International Landing

Digital Competition Bill opens room for parallel probe against firms

The Draft Digital Competition Bill has set out a process for investigation of the contraventions listed in the Bill in line with the similar process in the parent Competition Act

AI regulation: Govt needs to be more cautious about what it says and does

The Indian government is in the middle of a longer-term battle with big tech companies, especially those based in the US

Tech cos in India hope for chunk in $300 bn global AI market by 2027

The country has several advantages, including one of the world's largest pools of IT and engineering talent and a fast-growing domestic market, they concluded

Tech firms sign effort to fight artificial intelligence's poll interference

Signatories of the tech accord, which was announced at the Munich Security Conference, include companies that are building generative AI models used to create content, including OpenAI

Tech cos using content without consent: IPA prez Pansa on AI material

The International Publishers' Association (IPA) president Karine Pansa accused big technology companies of using copyrighted content "without permission" for AI-generated materials and urged publishers to raise their concerns. Pansa, who recently visited India for the ongoing New Delhi World Book Fair, said the IPA is holding discussions with its member countries, including India, on how to deal with the big tech companies for infringing publishers' copyrights by "reproducing their materials without permission" for AI training. "The big tech companies are using the content available on the internet to regenerate the new content without consent, and part of this content is books, the content of which belongs to the publishers. It is being used without their permission, consent, licensed payment, and remuneration. "So it is an important part of the IPA's job to discuss how each country is going to deal with this new technology and this new copyright infringement," Pansa told PTI, addi

Tech companies plan to sign accord to combat AI-generated election trickery

At least six major technology companies are planning to sign an agreement this week that would guide how they try to put a stop to the use of artificial intelligence tools to disrupt democratic elections. The upcoming event at the Munich Security Conference in Germany comes as more than 50 countries are due to hold national elections in 2024. Attempts at AI-generated election interference have already begun, such as when AI robocalls that mimicked US President Joe Biden's voice tried to discourage people from voting in New Hampshire's primary election last month. "In a critical year for global elections, technology companies are working on an accord to combat the deceptive use of AI targeted at voters," said a joint statement from several companies on Tuesday. "Adobe, Google, Meta, Microsoft, OpenAI, TikTok and others are working jointly toward progress on this shared objective and we hope to finalize and present details on Friday at the Munich Security Conference." The companies .

Madras HC dismisses appeals by tech firms against Google billing policy

Tech companies raised concerns over Google's new service fee, which ranged between 11-26% for using third-party billing systems

Big tech companies likely to continue hybrid mode of work: WeWork India CEO

Companies in the BFSI, media, and consulting sectors have returned to office almost fully, said Karan Virwani

Tech companies planning to step up hiring in tier-2, tier-3 cities in 2024

Tier-2 and tier-3 cities such as Thiruvananthapuram, Kochi, Coimbatore, Jaipur, Mohali, Vadodara, Chandigarh, and Indore contribute around 12-15 per cent of the country's tech talent

Big tech firms nearly pause recruitment in India amid global slowdown

These companies have registered a 90% decline in active job postings in India in 2023 when compared to the last year, according to a report

All global tech giants follow a warning policy for state sponsored hacking

Opposition MPs have accused the government of spying on them, an allegation that has been denied though it has prompted the government to start an inquiry

India's Leading Drone Tech Company IG Drones Enters Global Partnership with Korea-based iGiS at GITEX Dubai

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VerSe's revenue grew by 57% to Rs 1,809 cr; burn reduced by 34% in FY23

Its content platform Dailyhunt clocked a revenue of over Rs 1,200 crore and was Ebitda positive in FY23, with the financial year exiting at 10 per cent Ebitda