Software Financial News

The National Highway Traffic Safety Administration says that General Motors’ Cruise autonomous vehicle division will pay a $1.5 million penalty as part of a consent order after the unit failed to fully report a crash involving a pedestrian

California Gov. Gavin Newsom has vetoed a landmark bill aimed at establishing first-in-the-nation safety measures for large artificial intelligence models

Subscribe to enjoy similar stories. “Fortnite" maker Epic Games says it is suing Google and Samsung, alleging that the tech giants secretly colluded and imposed “onerous" restrictions on new third-party app stores. Epic alleges that Google and Samsung made it too difficult for consumers to download app stores made by outside software developers, a new possibility after Google lost a previous antitrust lawsuit brought by the videogame company.

Subscribe to enjoy similar stories. Two big shifts are under way in the world of software development. Since the launch of ChatGPT in 2022, bosses have been falling over themselves to try to find ways to Github, a popular platform for storing and sharing code, living in poorer countries surpassed those from the rich world.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Subscribe to enjoy similar stories. International Business Machines Corp. is staging a remarkable turnaround as it positions itself for the future, signing up an increasing number of clients for its generative artificial intelligence services tied to its consulting business.

Amazon Great Indian Festival 2024 Live Updates: Special Weekend Deals across!The HP Pavilion Aero is one of HP’s lightest laptops, featuring the AMD Ryzen 5 8640U processor and AMD Radeon graphics for a seamless performance. The 13.3-inch WUXGA display offers excellent visuals with 400 nits brightness, while the 5MP camera ensures clear video calls.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Reasons to buyReasons to avoidThe HP 15s-du3038TU is a reliable and budget-friendly laptop for coding, offering a powerful 11th Gen Intel Core i3 processor, ample storage, and a lightweight, portable design. With its FHD display and long battery life, this laptop is perfect for coding on the go.Reasons to buyReasons to avoidThe HP 15s-Eq2143au is a versatile and efficient laptop for coding, featuring a powerful AMD Ryzen 5 processor, fast SSD storage, and AMD Radeon Vega 8 Graphics for smooth multitasking and visual performance.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Google is escalating a feud with Microsoft over cloud computing by filing a European Union antitrust complaint accusing its tech rival of anticompetitive practices

Quest 3S and Quest 3. This announcement marks a significant move in the evolving landscape of technology.

With over 2 year's experience in finance and the crypto sectors, Jose uses his knowledge and expertise to breakdown complex topics into bitesize content for both beginners and experts.

An executive at cybersecurity company CrowdStrike apologized in testimony to Congress for sparking a global technology outage over the summer

Subscribe to enjoy similar stories. MUMBAI : Whatfix, a business-to-business digital adoption platform, is on track to achieve profitability within the next six months as it prepares for a possible public listing in two years, its co-founder and chief executive Khadim Batti said on Wednesday. The company, which helps enterprises onboard and train employees through software solutions, aims to hit a $100 million revenue run rate over the next 12 months, Batti said.

workplace becomes increasingly digital, a new study has found that more than a third of the workforce is losing over 40 hours a year trying to decode and interpret what their colleagues are trying to say, essentially equating to a full work week lost. Atlassian, a provider of team collaboration software, surveyed 10,000 knowledge workers across India, US, Australia, Germany and France, for research, which highlighted the hidden costs of miscommunication in today's digital-first work environment. «This is what we call ‘emotional overhead’, the wasted time and emotional turmoil caused by unclear or ambiguous communication, and poses a serious challenge for businesses. In the time that knowledge workers are wondering what their colleagues mean to say or what their manager wants from them, they could be doing mission-critical work,» said Molly Sands, head of Teamwork Lab, Atlassian.

Uttar Pradesh government is looking to offer job opportunities to youths in the advanced technology areas such as artificial intelligence (AI), and software and electronics sectors as it invites multinationals to put in big-ticket investments in India's northern state. «We should be focused on providing high-end jobs to our youth in areas like AI, electronics, and software. The foreign direct policy of Uttar Pradesh allows us to partner with big investors,» Awanish Kumar Awasthi, Advisor to UP Chief Minister Yogi Adityanath said. Awasthi further said that the government expects the private sector to set up their bases in the state, and provide employment opportunities to the youth.

Tax rebate under section 87A of the Income-tax Act, 1961 is a benefit that reduces the total income tax liability of an eligible taxpayer. The eligibility criteria are that the taxpayer's income should be below a set threshold and not having certain types of income. For example, one of the criteria for tax rebate under section 87A is to have an income below Rs 5 lakh (old tax regime) or Rs 7 lakh (new tax regime). However, following an update in the ITR filing utility on July 5, 2024, chartered accountants say that many taxpayers were denied the benefit of tax rebate under section 87A if they had certain special rate incomes like short-term capital gains (STCG). STCG on equity shares or equity-oriented mutual funds were taxable at 15% rate under Section 111A which was raised to 20% in Budget 2024 presented in July this year.

«So, assuming 70% market share for IEX, which is currently at 84%, I think EPS downgrade could be 20% based on FY27 estimates. And assuming 60% kind of market share for IEX, then EPS downgrade could be around 30% for FY27,» says Rupesh D Sankhe, Elara Capital. The market coupling, that is surely going to challenge IEX's market dominance. I mean, it currently holds about that 84% lion's share of the power trading business. Back of the envelope calculations, what is the kind of dent that IEX is likely to see if and when this is going to be put in place? Rupesh D Sankhe: See, definitely, the market coupling is negative for IEX because as of now, there are two key products which are there, like Day Ahead Market and RTA where IEX is enjoying close to 97% market share. This product is not still available with a new exchange like HPX. The product which is there like a Term Ahead Market where market share of IEX is 60%. So, we can expect once market coupling gets implemented, this product will get launched, DAM and RTA and definitely the market share could come down to 60-70% also.

Data from at least two staffing firms indicate a 10-12% likely increase in hiring demand from most software service for the second half of the ongoing fiscal 2025 compared with a year earlier. The sector, according to them, is projected to report 8-10% for the first half ending September 30. For the fiscal year through next March, hiring is seen increasing by up to 8.5%. That would come after a year when new jobs created in the IT industry had dropped, to 60,000 as per industry body Nasscom's estimates compared with 270,000 in FY23.

Private equity firms Vista Equity Partners and Blackstone are buying software maker Smartsheet for approximately $8.4 billion in cash