Software Financial News

Investing.com — Workday (NASDAQ:WDAY) reported better-than-expected fourth-quarter earnings and detailed plans to acquire human resources group HiredScore in a bid to boost to its artificial intelligence capabilities. 

Investing.com — Zoom Video Communications (NASDAQ:ZM) has reported fourth-quarter results that beat Wall Street estimates thanks to solid demand for its products during a time of increased hybrid working habits.  

Tata Elxsi Ltd. rose 0.93 per cent to Rs 7636.0 in Tuesday's trade. It hit an intraday high of Rs 7751.3 and low of Rs 7605.1, respectively, during the day. The stock quoted a 52-week high price of Rs 9191.1 and low of Rs 5883.05.

SINGAPORE (Reuters) -Bitcoin hit a two-year high on Tuesday on signs of large players buying the cryptocurrency, while smaller rival ether topped $3,200 for the first time since 2022.

After-Hours Stock Movers:

WTO agreement on duty-free trade in digital services would appear to be self-damaging. India is a major beneficiary of growth in services trade, and within that, the rise of digital trade, which has been allowed free access through a quarter century of tax moratorium. Tax forgone on import of services such as ecommerce, entertainment and software would be a fraction of the volume of India's technology-enabled services exports that could face tariffs in retaliation.

Toyota and Honda vehicles and 150,000 Ford vehicles in the US. The notice has been issued by the National Highway Traffic Safety Administration. Mercedes-Benz has has also recalled thousands of SUVs in order to fix transmission software, as per a report in USA Today. While Ford vehicles have been called for seat belt issue and Honda, and Toyota vehicles were called for air bag issues, USA Today reported.

By Foo Yun Chee

PARIS—This time last year, Arthur Mensch was 30, still employed at a Google unit here, and artificial intelligence had just started to take off in the public consciousness as something more than science fiction. Since then, so-called generative AI that can converse—and possibly reason—like humans has become the most talked-about technology breakthrough in decades. And the startup Mensch left Google to launch, now all of nine months old, is valued at slightly more than $2 billion.

Ericsson on Monday said that it has deployed 1,00,000 massive MIMO 5G radios for Bharti Airtel across its 12 circles. In a regulatory filing, Airtel said that it has deployed energy-efficient Ericsson radio system products and solutions from Ericsson's 5G Radio Access Network (RAN) and MINI-LINK (microwave) mobile transport portfolios. «Ericsson has successfully deployed 1,00,000 Massive MIMO (Multiple-Input, Multiple-Output) 5G radios for Bharti Airtel across its 12 circles within a record time of 500+ days,» the statement said. «Ericson is a long-standing partner of Airtel and we are happy to partner them in achieving this milestone of deploying 1,00,000 5G radios across 12 Airtel circles. We have over 65 million customers on our network who are now enjoying blazing fast unlimited 5G data at no additional cost,» said Randeep Sekhon, CTO of Bharti Airtel.

Venture capital firm Peak XV, formerly Sequoia Capital India and South East Asia, on Monday said it has launched new startup cohort Spark 03 with 14 companies that include 16 female founders. 

Infibeam Avenues, a fintech firm, saw its shares gain 10% to ₹37.90 apiece in today's (Monday) intraday trade after the company announced an investment of $10 million for the acquisition of a 20% strategic stake in XDuce, a renowned enterprise application and AI development company based in the United States. With headquarters in New Jersey, USA, XDuce has a team of over 150 software developers in the US, servicing some of the marquee Wall Street and insurance clients in North America.

Stocks on Wall Street closed higher on Friday to notch another winning week as the S&P 500 climbed above the 5,100-point level for the first time in history amid an ongoing rally in mega-cap tech shares.

MUMBAI : Payment gateway business Razorpay Software Pvt. Ltd is preparing to launch its products in new Southeast Asian and West Asian markets this year, aiming to garner 5-10% of its revenue from its international business in 3-5 years. “We should definitely launch in some new countries this year as we look to expand our business in Southeast Asia and Middle East," said co-founder and managing director Shashank Kumar.

The AI chip battle that Nvidia has dominated is already shifting to a new front—one that will be much larger but also more competitive. Nvidia built itself into a $2 trillion company by supplying the chips essential for the incredibly complicated work of training artificial-intelligence models. As the industry rapidly evolves, the bigger opportunity will be selling chips that make those models run after they are trained, churning out text and images for the fast-growing population of companies and people actually using generative AI tools.

Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private equity firm KKR, people familiar with the matter said on Saturday. The potential deal represents an effort by Broadcom CEO Hock Tan to streamline the company's portfolio after completing its $69 billion takeover of software maker VMware in November.

Polite society can agree on certain unwritten rules when it comes to our digital devices. If someone is talking to you, remove at least one AirPod. (Yes, even with “Conversation Awareness" active.) If you get invited to someone’s wedding, don’t post a group selfie where the bride is sneezing, no matter how great you look in your Anthropologie shift.

Exotel, Freshworks, Gupshup, Corover.ai and Yellow.ai. While this transformative technology is applicable to multiple channels from websites to apps, social media as well as messaging platforms including Google’s RCS (rich-communication services), the most prominent early adopter is proving to be Meta’s WhatsApp. Generative AI is making WhatsApp-based customer support conversations more «human and free-flowing», rendering standard bot-replies redundant according to businesses that have incorporated this new tool.

The rally in tech stocks is showing no signs of slowing down as investors continue to pile into the sector due to the nonstop buzz related to artificial intelligence (AI).

BEIJING (Reuters) — China's market regulator said on Friday that Tesla (NASDAQ:TSLA) Inc would fix software in 8,700 vehicles to reduce the chance of accidents.

Stocks that traded heavily or had substantial price changes on Thursday: Nvidia, Royal Caribbean rise; Rivian, Etsy fall