Software Financial News

MphasiS Ltd. gained 0.19 per cent to Rs 2644.6 at 11:31AM (IST) in Thursday's trade. The scrip has hit a high of Rs 2651.1 and low of Rs 2611.35 so far during the session. The stock had closed at Rs 2639.55 in the previous session. The counter has had a total traded volume of 2454 shares so far with a value of Rs 0.65 crore on the NSE. It traded at a price-to-earnings multiple of 31.9 and a price-to-book ratio of 4.27.

Tifin AG, the fintech AI platform focused on helping growth-focused wealth firms, has announced its first big deal since spinning off from its eponymous parent company. Tifin AG said it has expanded its longstanding collaboration with RBC Wealth Management-U.S. so that all financial advisors will have access to a new artificial intelligence-driven program.

Investing.com --  Salesforce on Wednesday delivered upbeat guidance and posted better-than-expected fourth-quarter earnings as a step up in enterprise spending bolstered performance, paving the way for the cloud software maker to roll out its first quarterly dividend and upgrade its stock buyback plan.  

Phone spoofing, also referred to as caller ID spoofing, is a tactic employed by scammers to deceive individuals into picking up their calls. Through the utilization of software or hardware, scammers manipulate the caller ID to display a different number, often one that belongs to an unsuspecting individual. This fraudulent practice poses challenges for both the legitimate owner of the spoofed number and the unsuspecting recipients of the scam calls, as per a Fox report. If one suspects that his/her phone number has been spoofed, there are steps user can take to address the situation before it escalates. First, assess whether your phone number has indeed been spoofed. Next, investigate how scammers gained access to your phone number. If your number has already been spoofed, follow specific steps to mitigate the impact. Finally, take measures to prevent scammers from spoofing your phone number in the future.

Wall Street’s fourth-quarter earnings season may be drawing to a close, but there are still several notable companies set to report their latest financial results in the coming weeks.

Investing.com -- U.S. stock futures tick down on Wednesday ahead of crucial economic data releases this week. Salesforce (NYSE:CRM) is expected to post record quarterly revenue, while analysts are eager to measure the success of an artificial intelligence push at the software group's data cloud division. Elon Musk says Tesla has finished the production design of its new Roadster, adding that the electric vehicle giant hopes to start shipping the car in 2025.

Zoom's recent statement, the upcoming changes will require iOS users to have devices running iOS 13 or newer versions to continue receiving app updates. This means that iPhone and iPad users who are unable to upgrade their devices to iOS 13 will no longer be able to utilize the Zoom app.

A new crop of nefarious chatbots with names like “BadGPT" and “FraudGPT" are springing up on the darkest corners of the web, as cybercriminals look to tap the same artificial intelligence behind OpenAI’s ChatGPT. Just as some office workers use ChatGPT to write better emails, hackers are using manipulated versions of AI chatbots to turbocharge their phishing emails.

The news that Apple has shelved its autonomous car plan–Project Titan–has sent ripples across technology and automotive industries. The company has pumped untold resources into Titan for almost a decade. It is now apparently relocating some personnel in the Titan team to artificial intelligence research and development and probably letting the others go.

Investing.com-- The S&P 500 closed higher Tuesday, as dip buyers helped tech cut some losses and better-than-expected quarterly results from Macy's and Lowe's pushed retail stocks higher ahead of a key inflation report later this week . 

Stocks that traded heavily or had substantial price changes on Tuesday: AutoZone, Macy’s rise; Unity Software, CarGurus fall

The European Union is looking into Microsoft’s partnership with French startup Mistral AI

(Updated — February 27, 2024 11:06 AM EST)

LPL has just helped a $1 billion team from Merrill Lynch launch their own independent practice.

Nobody expects much from Zoom Video Communications these days. Sometimes that works to the company’s advantage. The videoconferencing wunderkind that shot to fame during the early days of the pandemic has been experiencing a long and painful comedown since.

₹38,418 crore in January against the NCDEX's ₹12,509 crore, according to data from markets regulator Sebi (Securities and Exchange Board of India). This is the first time that NSE has overtaken the 2003-founded NCDEX by volumes. About ₹38,387 crore, or 99.99%, of NSE’s turnover in January came from options on crude oil futures contracts.

HCL Unica.Unica, founded in 1992 by Yuchun Lee, initially acquired by IBM, and now proudly owned by HCLSoftware, stands as one of the most reliable end-to-end marketing solutions available today. It enables marketing automation across a wide range of both inbound and outbound marketing channels.

UK higher education institutions and setting back the country’s ambitions to be a leader in science and technology, according to an influential British entrepreneur. Recent steps by Prime Minister Rishi Sunak to make the UK less attractive for overseas students will lead to a university funding shortfall and a reduced pool of talent for British employers, Ewan Kirk, founder of quantitative hedge fund Cantab Capital Partners and a former entrepreneur-in-residence at the University of Cambridge said. The measures will chafe against the premier’s ambition to make Britain a hub for high-growth industries such as biotechnology and artificial intelligence, he said Do you meet the immigration criteria? Check here “For all the guff and bloviation about making the UK a scientific superpower, you’ve actually got to do something that’s going to make that happen,” Kirk, also a non-executive director at defense firm BAE Systems, said in an interview. “The corollary of being a scientific superpower is presumably that you need a lot of scientists,” he said. “We’re not going to grow them all internally, so would it not be good to get some from outside?”

ransomware attacks have happened since January 2023. The data indicates that the average ransom in 2023 was $1.54 million, almost double the 2022 figure of $812,380. What are Ransomware attacks? Ransomware attacks involve malicious software that encrypts files on a victim's computer or network, rendering them inaccessible until a ransom is paid. These attacks can have devastating consequences for SMEs, ranging from financial losses and operational disruptions to reputational damage. Therefore, it is essential for SMEs to adopt proactive measures to mitigate the risk of ransomware attacks and protect their valuable assets.

A strategic partnership between a global investment management firm and a provider of wealth management software and services aims to transform the RIA channel.

(Reuters) — Unity Software shares sank 15% in premarket trading on Tuesday after the videogame software provider's 2024 forecasts came in below Wall Street estimates, a sign that its turnaround was taking longer than expected.