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Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce

China's AI sector showed confidence this week at a major fair in Shanghai that it would overcome restrictions imposed by the West, with companies rolling out cutting-edge products developed by a growing pool of young talent. The country's generative AI industry has shown explosive growth, with the United Nations reporting China has in recent years been the top filer of patents for AI software that creates everything from illustrations to computer code.

Goldman Sachs is in advanced stages of talks to double down on enterprise software-as-a-service (SaaS) company MoEngage with a $35-50-million investment through a secondary transaction. The development comes amid increased deal activity in late-stage SaaS startups, with companies such as Whatfix, Innovaccer, Icertis, Atlan and Rocketlane having raised funds or are in the process of finalising rounds.

Check out the product below:One of the most significant advantages of laptops is their portability. Weighing anywhere from 1 to 3 kilograms, laptops can be easily carried in a backpack or bag, making them perfect companions for remote work, travel, or studying. In addition, their compact design also allows for easy setup in coffee shops, co-working spaces, or other shared environments.Desktops, by their very nature, are less portable.

BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash in an expansion by the world's biggest asset management company into the private markets data segment. BlackRock said in a statement that the acquisition would complement its Aladdin tech business by bringing together data, research, and investment process for fund managers.

BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash in an expansion by the world's biggest asset management company into the private markets data segment.

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The MSME sector in India is experiencing significant growth, with a notable shift in small business owners’ perspectives towards adopting technology in recent years, according to a report by PayNearby. As per the report, over 65% of micro, small, and medium enterprises (MSMEs) utilise some form of digital technology for their daily operations.

Rahul reached out to Priyanka on Shaadi.com. In his introductory message, Rahul highlighted his substantial salary of Rs 70 lakhs per annum and expressed optimism about their compatibility. «Hello, I'm Rahul, a software engineer from Bangalore. I came across your daughter's profile on Shaadi.com. Currently earning 70LPA CTC, I believe we would get along well,» he wrote.

Despite being able to work with AI more fluently than others, as per a LinkedIn study, the developing mindset of the freshers is now becoming a pain point for GCCs, all of whom are trying to find ways to temper expectations and help them understand the end-to-end needs of the engineering and software assembly lines. «My biggest struggle with this generation is that they talk only about AI and ML. Just out of college, they do not understand that in a sector like banking, AI cannot be deployed just like that, that banks are bound by lots of regulations,» Srikanth Gopalakrishnan, CIO for people and head of the India technology centre, Deutsche Bank Group, said to ToI.

Multi unit retail enterprises manage a range of activities, from the mundane to the critical, to ensure every outlet operates seamlessly and offers the same customer experience. From stocking shelves, processing payments, and maintaining a welcoming shopping environment to optimising supply chains, managing vendors, and keeping stores compliant, it is not easy to run a multi unit retail enterprise. The retail industry in India is subject to the vagaries of the economy and operates in a competitive market. It needs a relentless focus on operational efficiency to gain any edge. Retail enterprises that commit to squeezing every bit of efficiency from their operations can get themselves that edge.

₹1.75 lakh (the total savings at the time of its six founders)—was not even a speck on the global IT firmament back then. India was still two decades away from being accepted as the IT services capital of the world. Notwithstanding a bold new policy announced by the Rajiv Gandhi-led government in 1984, which enabled the import of technology for making personal computers in the country, the domestic PC market was minuscule in size, with any real progress hamstrung by opposition from powerful unions in sectors like banking.

The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said in a slight upgrade from its previous estimate

Avantel, a telecom product manufacturing company, has witnessed a sustained spike in its shares over an extended period, resulting in substantial returns for investors. After a prolonged period of stagnation, the stock gained momentum in March 2023 and has since maintained a steady upward trajectory.During this period, its share price has surged from ₹26 apiece to the current market price of ₹170, marking a significant gain of 554%.

Pune police chief Amitesh Kumar had a proactive role in the investigation into the Porsche crash and there was nothing to suggest that action should be taken against him. Fadnavis made the assertions during a debate on the high-profile case raised through a calling attention notice. During the debate, Leader of Opposition Vijay Wadettiwar demanded the Pune police commissioner's resignation. Conceding that there are issues of "use of money to buy justice", Fadnavis said, «This should not be allowed. We have to see how laws can be strengthened further. The issue is serious but there is no need to defame Pune police. They have taken action in the case. Erring police officials have been punished.» He said Pune Police Commissioner Amitesh Kumar had a proactive role in the probe into the accident and nothing has come up to suggest that he should face action.

government data affected by a recent ransomware cyberattack was not backed up, officials said, in an incident that has exposed the lack of preparations for such an attack in Southeast Asia's biggest economy. Last week's cyberattack, the worst in the country in recent years, has disrupted multiple government services including immigration and operations at major airports.

Vodafone Idea (Vi), which is set to embark on a mega expansion plan for 4G network and roll out 5G services, has completed trials using Samsung's virtualised RAN (vRAN) technology. Experts say the technology is expected to bring substantial cost savings to the telco as compared to legacy hardware infrastructure. ET explains what vRAN is, the type of network optimisation it can bring and what it means for Vi's vendor ecosystem. What is vRAN?

Satire has long been accepted as a legitimate form of free speech, not constituting defamation. However, with the advent of deepfakes generated by various Generative AI software tools, whether content is parody or defamation is not limited to only the question of what is said, but now includes the question of whether the viewer can reasonably tell who said it.

Winny Immigration debuted on the NSE SME platform with a premium of 71% on Thursday. The stock was listed at Rs 240 as against an issue price of Rs 140. Ahead of the debut, the company's shares were trading with a premium of Rs 75 in the unlisted market.

₹240 apiece on NSE SME, a premium of 71.4% to the IPO price of ₹140 per share.Winny Immigration share listing was better than stock market expectations as the Winny Immigration IPO GMP today was ₹77 per share or 55% to the issue price.Also Read: Dindigul Farm share price makes a stellar debut, stock opens with 90% premium at ₹102.60 apiece on BSE SMEThe initial public offering of Winny Immigration and Education Services was launched on June 20 and the subscription period closed on June 24. Winny Immigration IPO allotment was finalized on June 25 and the shares got listed on NSE SME on June 27.The ₹9.13 crore worth Winny Immigration IPO was entirely a fresh issue of 6.52 lakh shares sold at a price of ₹140 per share.The company intends to use the net issue proceeds for several strategic purposes, including expanding its footprint by opening new offices across India, enhancing its technological capabilities through software development initiatives, and repaying existing debt obligations to strengthen its financial position.Also Read: Allied Blenders and Distillers IPO day 3: GMP, subscription status to review. Should you apply as bidding ends today?The funds will also be utilised towards branding and advertising efforts to enhance market visibility and customer outreach along with with general corporate activities.Interactive Financial Services Ltd is the book running lead manager of the Winny Immigration IPO, while Bigshare Services Pvt Ltd is the IPO registrar.Winny Immigration and Education Services IPO received robust demand as the issue was subscribed by 154.67 times.

RateGain Travel Technologies Ltd. with a target price of Rs 858. The current market price of RateGain Travel Technologies Ltd. is Rs 755.6. RateGain Travel Technologies Ltd., incorporated in the year 2012, is a Large Cap company (having a market cap of Rs 8668.95 Crore) operating in General sector.