Software Financial News

29.03 / 07:43

UPS Software economy performer 2020 reports US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said in an upgrade from its previous estimate

29.03 / 01:33

COST UPS Provident Software Enterprise trends performer SAP expects 10-15% more revenues via new GenAI use cases

Gen AI) use cases by this year end, SAP's first chief AI officer Philipp Herzig told ET, helping boost sales in a revenue stream that's expected to garner a disproportionate share of the future P&L at the enterprise software major. Creating a new AI-focused unit under Herzig’s leadership, SAP currently has almost 30 different use cases or tasks in the customer experience, HR and documentation, sales and services domains are accomplished via Gen AI.

28.03 / 21:57

UPS Platform Software Trade reports Videos MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024

Stocks that traded heavily or had substantial price changes on Thursday: MillerKnoll, Chemours fall; Verint Systems, RH rise

28.03 / 11:45

Provident Software wellness country beautiful reports Schools Top 20% of Urban Company partners earn 50% more than entry-level IT staff

Urban Company said in a report. As per the firm’s H2 2023 Earnings Index, service partners who provide over 30 services per month earned a monthly net income of Rs 33,469.

27.03 / 21:27

COST UPS Manufacturing Software Bayer track information Companies are seeking real-world supply-chain gains in new AI tools

Companies growing more comfortable with artificial intelligence are bringing the latest tools into their supply chains, with goals of cutting costs, speeding up distribution and getting ahead of potential disruptions. The early steps suggest areas where logistics operators see the greatest near-term benefits from generative AI, the developing technology tool that can quickly sort through large amounts of information, make predictions and respond to questions in a humanlike voice.

27.03 / 18:27

Google CEO Apple Software Features Updates Apple announces Worldwide Developers Conference dates, in-person event

Apple has announced their annual developers conference will take place June 10 through June 14

27.03 / 17:09

Provident CEO Platform Action security Software wellness FP Alpha and PreciseFP unveil new tech partnership

FP Alpha, a provider of AI-assisted planning software, has announced a partnership to reduce a key headache for financial advisors as they provide advanced planning solutions to clients.

27.03 / 17:03

UPS Aware Platform Mobile Software CarDekho in talks to raise $100-150 million

MUMBAI : Automobile portal CarDekho is navigating a new round of funding that is likely to raise its valuation marginally, as it steers towards a public listing over the next 18-24 months, according to three people aware of the development. The company is in talks with investors to raise $100-150 million in a largely secondary round where early investors will clock in full or partial exits, the people said.

27.03 / 16:43

ETF SEC coinbase security Software Courts International Coinbase Loses Bid To Dismiss SEC Lawsuit Against It, Stock Slips

Coinbase Global Inc. (COIN) suffered a setback as a judge denied the company’s motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) for violating securities laws.The company's stock dropped as much as 4.8% on Wednesday but eventually gained some lost ground.

27.03 / 16:23

markets Provident Software Trade reports Crypto scams New Zealand Regulator Warns Against Crypto Exchange Clone

New Zealand’s Financial Markets Authority (FMA) has flagged an unlicensed crypto exchange clone of BTCSWE. The impersonator has been reportedly contacting customers, promising to retrieve funds lost in previous unsuccessful investments.

27.03 / 15:15

markets UPS Software Tesla War reports Headlines BYD’s rise challenges Tesla—and its valuation

BYD and Tesla, the world’s top two electric-vehicle makers, have a lot in common these days—except in terms of market value, where the U.S. company is roughly seven times as big. It takes a lot of faith in chief executive Elon Musk’s promise of autonomy to rationalize the difference.

27.03 / 12:09

Digital security Software wellness War country Department Atomic clocks to ensure one-nation, one time

NEW DELHI : India is deploying atomic clocks across the country to ensure the time shown on your digital watch, smartphone and laptop is truly based on Indian Standard Time—an effort launched more than two decades ago after the Kargil war. Currently, most software operating modules in India rely on US-based Network Time Protocol servers. The government wants all software to instead be synchronised with indigenous atomic clocks, both for uniformity in time and as a defence mechanism, especially in times of war.

27.03 / 07:05

CEO Software social exclusive reports Features IIT Madras's Pavan Davuluri takes charge of Microsoft Windows, Surface teams

IIT Madras, to spearhead the development efforts for both Windows and Surface. Davuluri, who previously oversaw Microsoft's hardware initiatives, will now take on the additional responsibility of leading Windows engineering, the newswire report added. This reshuffle follows the departure of former Windows and Surface chief Panos Panay last September, whose role was initially split between Davuluri and Mikhail Parakhin.

27.03 / 07:05

UPS Target security Software wellness recommendations Stocks to buy: IndiGo, Adani Ports, Jindal Steel among 5 stocks that can rise 12-53% in next 1 year, say brokerages

₹3,953 from ₹3,774 earlier. According to the brokerage firm, a likely duopolistic industry structure dominated by IndiGo and Air India bodes well for the company. This is expected to spur pricing discipline which in turn may drive yields up over the long term.

27.03 / 05:03

UPS Booking Software trends Trade show Mphasis shares rise 2.16% as Nifty gains

MphasiS Ltd. traded 2.16 per cent up at Rs 2429.75 on Wednesday at around 10:25AM (IST), while the benchmark BSE Sensex advanced 496.55 points to 72966.85. As many as 3,228 shares changed hands on the counter with a total value of Rs 0.78 crore.

27.03 / 04:11

SEC security Software information 2020 reports International SEC ramps up hack probe with focus on tech, telecom companies

telecom companies how they handled the SolarWinds cyber attack in 2020, Bloomberg News reported on Tuesday, citing people familiar with the matter. The hack of information technology company SolarWinds, one of the broadest and most sophisticated cyber attacks in the United States, was identified in December 2020 and gave away access to thousands of companies and government offices that used its products.

27.03 / 03:35

Software Legal Trade reports Courts Investigations Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe

A South Korean court has released the son of software giant Hancom Group’s Chairman on bail as prosecutors continue to probe an alleged “crypto slush fund.”

27.03 / 02:57

Provident Adobe security Apple Software Features Interviews Canva strikes biggest acquisition yet in chase to take on Adobe

Canva Inc. acquired the Affinity suite of creative software popular with Mac users, securing its biggest acquisition to date in an effort to compete with Adobe Inc. The deal, which is a mix of cash and stock, is valued at “several hundred million pounds,” Canva cofounder and chief operating officer Cliff Obrecht said in an interview with Bloomberg on Monday. It’s the biggest outlay yet by Australia’s most valuable startup, priced at $26 billion in its latest share sale, and marks a milestone in the expansion of its range of professional tools.

26.03 / 12:35

Software WhatsApp Trade travelers India's CAD at 1.2% of GDP in Q3, down from 1.3% in Q2FY4 and 2% in Q3FY23

CAD) narrowed in the October-December quarter largely due to higher service exports, the Reserve Bank of India said on Tuesday. The current account deficit stood at $10.5 billion, or 1.2% of GDP, in the third quarter of fiscal 2023-24 compared with $11.4 billion or 1.3% of GDP in the preceding quarter. The merchandise trade deficit at $ 71.6 billion was marginally higher than $ 71.3 billion during Q3:2022-23.

26.03 / 12:35

UPS Digital Waters Software Parke IBM Universities Water Crisis: Kerala writes to top IT firms in Bengaluru, offers office space

“After we read reports of the water crisis in Bengaluru, we wrote to the IT companies offering them all facilities as well as plenty of water. We have 44 rivers, big and small, in our state, so water is not an issue at all,” Kerala Industries & Law Minister P Rajeeve told ET on Tuesday.

26.03 / 01:35

COST Software DELL Schools Relationships Dell reduces workforce as part of broader cost cuts

Dell Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring and employee reorganizations, it said in a filing on Monday. As of Feb. 2, 2024, it had nearly 120,000 employees, down from about 126,000 a year earlier.

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