Page 4 - Tech Companies

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

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

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

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

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

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

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

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

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

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

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