Software Financial News

The Justice Department says a former software engineer at Google has been charged with stealing artificial intelligence technology from the company while secretly working with two companies based in China

In a move towards full transparency, tech pioneers Conrad Lewis and Luke Appleton have revealed that their co-founded software development company Orbit Cosmos is the brains behind in-development blockchain game, Pikamoon.

Stocks that traded heavily or had substantial price changes on Tuesday: Stitch Fix, Albemarle fall; Target AeroVironment rise

As the artificial intelligence (AI) revolution continues to reshape industries, drive innovation, and take the stock market by storm, investors are increasingly turning their attention to companies harnessing the power of generative AI (GenAI).

Cashfree Payments, on Wednesday, launched a platform centric payment solution‘Embedded Payments’. This solution equips software platforms with the tools to facilitate seamless payment experiences for businesses. The solution aims to revolutionise the way software platforms like enterprise resource planning (ERPs), customer relationship management (CRMs), SaaS or billing platforms and similar solutions, provide payment experience to their end users. Currently, software platform developers struggle with integrating payments into the tools they build for online businesses due to complexities, poor user experience, operational overhead and limited knowledge of compliance. As a result, online businesses or merchants separately integrate payment systems themselves. With the integration of ‘Embedded Payments’, software platforms can enable their end users to make payments for products or services directly on the platform, eliminating the need for redirection to another page or site for the payment process. This will eliminate any disruptions and drop-offs caused due to external payment redirections.

It was common once for the word ‘conglomerate’ to be prefixed by ‘unwieldy’ and ‘unfocused’ by reflex. If that sounds strange today, then the Tata Group could claim some credit for it. Sure, survival amid competition demands an edge sharpened in focal fields of specialization, and Tata did withdraw from some markets in the 1990s (soaps and suds, for example), but its operations still span a spectrum from salt to software.

IRCTC, JM Financial, Zomato, Samvardhana Motherson among others will be in focus due to various news developments IRCTC IRCTC has signed an MoU with Swiggy to provide pre-ordered meals to passengers via IRCTC e-Catering Services. The services will be made available initially on Bengaluru, Vijayawada, Visakhapatnam & Bhubaneswar stations.

The Indian SaaS market is also expected to touch $37 billion in market size by 2028, from $12 billion presently, the analysis showed.

The HSBC S&P India Tech UCITS ETF will have exposure to companies with a market cap of at least $300m that generate at least 80% of their revenue from digital technology, communication, and software related businesses, as classified by FactSet's Revere Business Industry Classification System. HSBC AM said it was a «more diversified index than solely IT companies» as its revenue-based approach also captures technology-oriented companies from various sectors. HANetf to launch India internet and e-commerce ETF «In our view, India is fast becoming a hot bed of new world technology sect...

(Reuters) -Cadence Design Systems will buy analysis platform provider BETA CAE (NYSE:CAE) Systems International AG for $1.24 billion in cash and stock, the software firm said on Tuesday.

Axonius, a startup which help companies manage their cybersecurity infrastructure, said it has raised $200 million at a $2.6 billion valuation, a sizable funding amount in a relatively muted market for growth and late-stage startups. Founded in New York City in 2017, Axonius' software helps IT and security teams manage their IT environments, including devices, users, software and cloud services, so they can mitigate threats and manage security risks.

Tata Elxsi Ltd. dropped 0.43 per cent to Rs 7655.75 at 01:40PM (IST) in Tuesday's trade. The counter has hit a high of Rs 7690.0 and low of Rs 7607.65 so far during the session. The stock had closed at Rs 7689.45 in the previous session. The counter has had a total traded volume of 2451 shares so far with a value of Rs 1.87 crore on the NSE. It traded at a price-to-earnings multiple of 59.82 and a price-to-book ratio of 17.8.

Lawmakers in at least seven states are taking big legislative swings to regulate bias in artificial intelligence

HCL Group has invested Rs 166 crore to acquire a minority stake in education software company Educational Initiatives (Ei) This is a part of the secondary stake sale, where HCL Group has acquired a portion of the stake held by Mumbai-based private equity firm Gaja Capital in Ei.

Elon Musk last Thursday filed a lawsuit against ChatGPT maker OpenAI – a company he helped to found – and its chief executive Sam Altman. What’s behind the sparring? ET explains. What does Musk’s lawsuit say?

More than two-thirds of U.S. adults are expecting a tax refund this year, and the IRS has confirmed a larger average refund so far.

MUMBAI : Retail investors appear to have turned savvier with stock trading, cashing out of small-cap counters while prices ruled high. As a category, retail investors' share in these stocks declined between the March and December quarters, a period when many small-cap stocks generated sky-high returns. In the past, many retail investors used to burn their fingers, buying up overheated shares and selling lower.

Busy restaurants have a message for customers: Come dine with us. Leave your extra friends at home. The eateries want your business, of course.

Bernstein analysts explored the notable difference in product launch strategies between Tesla (NASDAQ:TSLA) and BYD (OTC:BYDDF).

MUMBAI : Customers will soon be able to pay businesses through net banking irrespective of whether their banks and the merchants’ payment aggregator are integrated, with the central bank ironing out one more wrinkle in India’s rapidly evolving digital payments ecosystem. “We have given approval for implementing such an interoperable system to NPCI Bharat BillPay Ltd. We expect the launch of this interoperable payment system for internet banking during the current calendar year," Reserve Bank of India governor Shaktikanta Das said on Monday.

A few hours before the up-and-coming rapper Odetari released his latest album on the major streaming platforms, fans got a chance to hear it first in an unlikely venue: a videogame. Music has long been a part of games, but artists—from Gen X stalwart Metallica and pop star Lady Gaga to rapper Big Sean and indie act Weyes Blood—have been doubling down on the medium in recent years, taking advantage of modern tactics for reaching the industry’s massive youth-oriented user base. Artists are signing deals with game companies to debut new songs through interactive events and as background music for games themselves, in some cases weeks before those tracks are released on the likes of Spotify.