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MUMBAI : The MCX stock surged 9% to an almost two year intraday high of ₹2,114.40, after the country’s largest commodity derivatives bourse informed the stock exchange that it would migrate to the TCS commodity derivatives platform by 3 October. The Street cheered the news as the migration will end the heavy cost that MCX was paying its vendor 63 Moons for extension of its software contract since September last year. The cost incurred for the one-year extension stands at ₹472 crore, against the ₹60 crore per annum it was paying 63 Moons for the platform before the contract expired in September last year.

MUMBAI : The MCX stock surged 9% to an almost two year intraday high of ₹2,114.40, after the country’s largest commodity derivatives bourse informed the stock exchange that it would migrate to the TCS commodity derivatives platform by 3 October. The Street cheered the news as the migration will end the heavy cost that MCX was paying its vendor 63 Moons for extension of its software contract since September last year. The cost incurred for the one-year extension stands at ₹472 crore, against the ₹60 crore per annum it was paying 63 Moons for the platform before the contract expired in September last year.

Plenty of companies are experimenting with the technology, called generative AI, but they are worried about how confidential data will be handled, the accuracy of AI-generated answers and potential legal liability.

After a 148-day strike, Hollywood screenwriters secured significant guardrails against the use of artificial intelligence in one of the first major labor battles over generative AI in the workplace

Apple on Thursday asked the US Supreme Court to strike down an order requiring changes to its App Store rules stemming from an antitrust case brought by «Fortnite» owner Epic Games. The iPhone maker has been in a legal battle with Epic since 2020, when the gaming firm alleged that Apple's practice of charging up to 30% commissions on in-app payments on iPhones and other devices violated US antitrust rules. Epic lost on those claims at trial in 2021, but a US District Court judge ruled that Apple's practice of banning software developers from telling customers about alternative payment methods violated a California unfair competition law.

(Reuters) -Agricultural machinery maker AGCO Corp said on Thursday it would acquire an 85% stake in GPS navigation products maker Trimble's agribusiness for $2.0 billion in cash.

MphasiS Ltd. rose 0.95 per cent to Rs 2445.35 in Thursday's trade. It hit an intraday high of Rs 2481.8 and low of Rs 2444.9, respectively, during the day.

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KX Systems is planning to enter the India market and set up sales and research & development offices in Bengaluru and Mumbai, a top executive at the software firm said. The company wants to target Indian developers, IT firms and other enterprises as it plans to capture the country’s artificial intelligence market that is expected to touch $4.2 billion by 2030, chief executive Ashok Reddy said.

Apple Apple Inc.'s lucrative agreement to use Alphabet Inc.'s Google as the default search engine for the iPhone includes a provision that the two tech giants will “support and defend” the deal against government scrutiny, a top Apple executive said at an antitrust trial. Their long time contract was renegotiated in 2016 to include the provision, Apple's Senior Vice President of Services Eddy Cue disclosed Tuesday in a Washington federal court, where the US government is pressing its claim that Google operates a monopoly in the search business. Cue, the architect of the most recent version of the agreement, said the provision for a joint defence was added at Google's request. He said it was handled by company lawyers so he couldn't speak directly to why it was included.

Indium Software on Wednesday said it has appointed Jagannath Bharadwaj as its Chief Operating Officer (COO). “I look forward to building upon the strong foundation of deep expertise and spirit of innovation, and deliver outsized value to clients, associates, partners and other stakeholders” Bharadwaj said in a statement.

When Samantha Estoesta used to get migraines from staring at her computer screen all day at work, she would turn off all the lights or find a dark room and try to just “power through.”

The price of Shiba Inu (SHIB) has declined by a slight 0.4% today, with its dip to $0.00000722 coming as the wider cryptocurrency market barely moves overall.

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Tata Play has ventured out of India with a white label solution for global OTT aggregators, starting with a project collaboration with Philippines’ leading Pay-Tv provider Cignal TV. India’s leading content distribution platform today launched the Tata Play Binge PaaS for OTT aggregators across the globe, enabling Tata Play to provide end-to-end development and deployment opportunities. «Apart from providing the software architecture, our partner companies will also benefit from Tata Play’s learnings over the years in areas of forging commercial partnerships, recommendation engine, subscription management, analytics, and much more. With the launch of this enterprise solution, we have now created a unique OTT content aggregation and distribution ecosystem,” said Harit Nagpal, Managing Director & CEO of Tata Play. Coming from the house of conglomerate Tata group, Tata Play Binge is an OTT aggregation service that brings content from more than 26 apps in one app. The promoter company now focuses on tying up with various OTT partners and acquiring subscribers in the overseas market.

₹170 apiece as compared to its issue price of ₹160 per share. The initial public offering (IPO) of Kody Technolab Ltd, a software development services company, has received stellar response from investors during September 15 and September 20.

Paint Revamp: The old Paint app is getting a generative AI powered upgrade with the Windows 11 Copilot and the Redmond-based company is promising features like AI for drawing and digital creation, background remover and more. Moreover, Microsoft has also announced that Paint Cocreator preview will start rolling out to Windows Insiders users from today while it will be available to general public in the coming days. Cocreator will help users generate unique images by entering a text prompt and selecting a style.

When the doors to the Boola Katitjin building opened at Murdoch University’s campus this February, it was a triumph for sustainable construction given its status as the largest mass engineered timber (MET) building in Western Australia.

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