Software Financial News

25.03 / 15:23

markets FIVE CEO Software reports Interviews International Lightspeed CEO Dasilva says company 'open' to going private

The head of Canada’s Lightspeed Commerce Inc. said recent talks about a potential private equity buyout of payments firm Nuvei Corp. have him thinking about whether his company should do the same.

24.03 / 17:01

BLOCK Reuters Software AMD show reports guidelines China blocks use of Intel and AMD chips in government computers, FT reports

(Reuters) -China has introduced guidelines to phase out U.S. microprocessors from Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) from government personal computers and servers, the Financial Times reported on Sunday.

24.03 / 15:17

COST UPS Strategy Software Bill reports Investigations The Canadian government’s struggles with outsourcing software development

software can be for the government. Even after an extensive investigation, Karen Hogan, the auditor general, said she could not determine exactly what it had cost to create ArriveCAN, which was rushed out in 2020 to collect contact and health information from international travelers during the Covid-19 pandemic and to coordinate quarantine measures.

24.03 / 13:05

markets Target Apple Software Enterprise NVIDIA Cycling 5 big analyst AI moves: Nvidia hiked to $1,100 at UBS; SNOW, MDB get a downgrade

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

22.03 / 21:49

Provident Software community wellness Healthcare UnitedHealth Updates UnitedHealth's Change to process $14 billion in medical claims as services come online

(Reuters) -UnitedHealth Group said on Friday it expects more than $14 billion in medical claims to start flowing soon through its unit Change Healthcare (NASDAQ:CHNG) as several services for handling them gradually come online over the next few weeks following a cyberattack last month.

22.03 / 17:51

security Apple Software Photos track recommendations Apple turned on a buried iPhone setting. You might want it off.

Apple’s newest iPhone software has a switch turned on by default: “Discoverable by Others." This creepy-sounding setting is leading people to think their name and location are being shared without their knowledge or consent. That’s not the case, says Apple, but you might want to turn it off anyway. Last year, as a part of iOS 17.2, Apple released the Journal app.

22.03 / 16:38

Cybersecurity security Apple Software Research reports Features Security Vulnerability in Apple’s M-Series Chips Puts Mac Users’ Crypto Private Keys at Risk

Researchers have uncovered a significant security vulnerability in Apple’s M-series chips, raising concerns about the safety of crypto private keys stored on Mac computers.

22.03 / 16:37

COST Manufacturing CEO Software Auburn reports rights Stellantis lays off about 400 salaried workers to handle uncertainty in electric vehicle transition

Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S. as it deals with the transition from combustion engines to electric vehicles

22.03 / 13:17

Waters Manufacturing Software Sustainability innovations ABB India turns half of its manufacturing locations ‘water positive’

ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered, and operated.

22.03 / 13:17

Progressive Software Bill students Diversity track reports What is the fastest way to improve your CIBIL score? Follow these 9 steps

CIBIL score (or credit score) requires consistent effort and responsible financial behaviour over time. For instance, Ajay Gupta, a Bengaluru-based software engineer in his early 30s, learnt that his Cibil score is 620, and now wants to improve it. He realised that this partly happened because he maxed out his credit card and most of his credit comes from credit card.

22.03 / 07:15

UPS Software information reports Schools rights Microsoft’s $650 million deal with Inflection AI: Key things to know

Microsoft will be paying artificial intelligence (AI) startup Inflection $650 million to licence its software, a week after it roped in the company's two cofounders and most of its staff, as per a Bloomberg report. Let's look at the key details of this deal.

21.03 / 21:59

markets Google Apple Software Justice Department Courts Apple accused of monopolizing smartphone markets in US antitrust lawsuit

By Stephen Nellis, Andrew Goudsward and David Shepardson

21.03 / 19:27

UPS Google Strategy Software NVIDIA innovations Microsoft’s Inflection point: Acquire what you can’t create

It’s almost impossible for an artificial intelligence (AI) startup to build anything as good as ChatGPT, but a company called Inflection was getting there. Last year the Palo Alto, California-based firm raised $1.3 billion in a single fund-raising round to turn its chatbot Pi into a personal assistant for everything. It built up a phenomenal cache of computing power, gaining access to thousands of coveted graphics-processing unit chips from Nvidia and was on track to surpass OpenAI’s free version of ChatGPT with a model it had built, remarkably, from scratch.

21.03 / 17:13

Provident Platform Strategy Software Align Trade innovations Pensionmark announces strategic partnership to build new wealth management platform

Two leading names in wealth management – an advisory firm and a software and services provider – are entering into a strategic partnership with the aim of creating a significant step forward for the industry.

21.03 / 15:07

COST Booking Software Enterprise Trade ADRs of Wipro, Infosys slump as Accenture cuts guidance on clouded outlook

Infosys and Wipro declined sharply in trade on Thursday as peer Accenture Plc slashed its annual guidance, suggesting that the overall business environment for software services continues to be soft. The ADRs of Infosys fell 3% to $18.41, and that of Wipro slipped 1% to $5.88 on the New York Stock Exchange.

21.03 / 08:13

markets UPS Software Trade show reports Tata Elxsi shares up 1.13% as Nifty gains

Tata Elxsi Ltd. traded 1.13 per cent up in Thursday's trade at 01:24PM (IST). Around 7,311 shares changed hands on the counter. The stock opened at Rs 7649.85 and touched an intraday high and low of Rs 7667.05 and Rs 7591.3, respectively, in the session so far. The stock of Tata Elxsi Ltd. quoted a 52-week high of Rs 9191.1 and a 52-week low of Rs 5883.05.

21.03 / 04:53

UPS Provident Manufacturing Software NVIDIA wellness Can anything stop Nvidia’s Jensen Huang?

Nvidia’s graphics-processing units (GPUs), AI-modellers’ favourite type of processor, is so insatiable that they are in short supply. No matter. Nvidia announced the launch later this year of a new generation of superchips, named Blackwell, that are many times more powerful than its existing GPUs, promising bigger and cleverer AIs.

21.03 / 00:47

Platform Software Parke trends Trade HIG Schools Global PE investors eye bigger pie of India’s software services sector

This is fuelled by a substantial increase in growth capital investments within the IT services sector by global PE funds, which was not prevalent earlier.

20.03 / 18:37

UPS Platform Fighting Apple Software Meta Platforms Courts Apple Faces Legal Protest From Meta, Microsoft, X and Match

Meta Platforms, Microsoft, X and Match Group filed a legal petition protesting Apple’s app store policies, objecting to how the tech giant has complied with a federal court ruling that ordered Apple to allow alternative payment methods. The four companies, which have some of the most popular apps on the app store, join Fortnite-maker Epic Games in protesting Apple’s plan to charge a commission for payments made outside the app store. The briefing underscores the extent to which Apple’s rivals and other technology players intend to continue fighting to force the iPhone maker to loosen its tight controls over third-party software.

20.03 / 15:03

UPS Target Platform Software NVIDIA NVDA Nvidia stock target hikes keep coming after GTC event

Since closing at $878.3 on Friday, Nvidia (NASDAQ:NVDA) stock climbed by nearly 2% this week after its much-anticipated GTC AI-focused conference kicked off on Monday. The upswing comes after the company announced a range of new AI technologies and offerings during the first two days of the event.

20.03 / 11:57

UPS Fighting Software travelers rights Interviews IRS chief zeroes in on wealthy tax cheats in AP interview

IRS Commissioner Danny Werfel says in a wide-ranging interview with The Associated Press the federal tax collector will expand its pursuit of high-wealth tax dodgers with new initiatives in the coming months

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