Software Financial News
09.08 / 13:05
Waves
Platform
Action
Software
Enterprise
Pinnacle
Drag
Edtech startup Saarthi, investors drag acquirer Classplus to court
Edtech startup Saarthi on Wednesday said it has taken legal action along with other investors against its acquirer Classplus on several charges including cheating, extortion, criminal breach of trust and misappropriation of funds. Classplus, a software-as-a-service (SaaS) platform for coaching institutes, had acquired Saarthi in late 2021, according to a statement. The deal went unannounced until now.
09.08 / 07:39
UPS
Google
Software
Photography
Inside
Leak
Colour, storage & other Pixel 8 series specs leak ahead of Google's official launch
Google's upcoming Pixel 8 series have shed light on the possible colour variations and storage choices for the upcoming smartphone line-up expected to release in October. With the launch just around the corner, the new speculations for the Pixel 8 series come from German website WinFuture.
09.08 / 05:49
FIVE
Digital
Booking
Platform
Mobile
Software
track
Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, others
Debt collections platform Credgenics has raised $50 million in a series B round of funding. Venture investors Westbridge Capital, Accel, Tanglin Ventures, and Beams Fintech Fund led the round, the company said in a release on Wednesday. Most of these investors had participated in its previous funding round in 2021.
09.08 / 00:47
COST
FIVE
Booking
Gap
Software
Cognizant retaining market share post the change of guard
Infosys was expected to pull ahead of Cognizant this year in the revenue sweepstakes, building on the 15% annual growth logged over past two years, but a pronounced tempering in sales guidance by India’s second-biggest software exporter will likely allow its Nasdaq-listed rival to widen the gap. While Infosys clocked $18.2 billion for the fiscal year-ended 2023,Cognizant reported a revenue of $19.4 billion for calendar year 2022. According to ET’s calculations, the New Jersey-based firm’s revenue for the comparable FY23 period too came in at $19.4 billion.
08.08 / 22:43
Booking
Entertainment
Software
Enterprise
Take-Two
pop
MICRO
Stocks making the biggest moves after hours: Penn Entertainment, Super Micro Computer, Rivian and more
Check out the companies making headlines after hours.
08.08 / 21:47
NIC
Software
Adventure
Lawson
film
The Bachelorette Season 20: See who is winner, eliminations and filming locations
Starting on June 26, 2023, and concluding on August 21, 2023, Season 20 featured Charity Lawson, a 27-year-old family therapist, as the leading figure. She came fourth in the 27th edition of The Bachelorette alongside Zach Shallcross. Here is the elimination chart according to the Reality Steve podcast:Week #1:Chris Spell Joe Menzia Khalid Hassan Nic Barber Peter Cappio Taylor PeggWeek #2:Caleb Arthur John Henry Spurlock Josh Young Kaleb Kim Spencer StorbeckWeek #3:Warwick Reid Aaron Schwartzman Adrian Hassan James PierceWeek #4:Brayden Bowers Caleb Balgaard John Buresh Michael BarbourWeek #5:Sean McLaughlin Tanner Courtad Final Four and Winner of The Bachelorette Season
08.08 / 21:17
COST
Target
Booking
Mobile
Software
Take-Two
Take-Two forecasts downbeat second-quarter net bookings on muted gamer spending
(Reuters) -Take-Two Interactive Software forecast second-quarter net bookings below Wall Street targets on Tuesday, in a sign that spending on games was under pressure amid persistent inflationary pressures.
08.08 / 20:35
Software
COMPOSITE
Autodesk
film
Simulation
audience
Specialist
Unity Weta Tools: Unity to unveil specialist VFX tools from Weta FX for the public; Here’s all you need to know
3D tools, previously developed by Weta FX, the visual effects company renowned for works like Peter Jackson's Lord of the Rings and James Cameron's Avatar series. These tools are being made available to artists within the broader visual effects (VFX) industry under the newly established Unity Weta tools division.
08.08 / 19:19
08.08 / 15:03
Provident
Digital
Progressive
CEO
Action
Software
Lupin Digital Health launches first-of-its-kind digital heart failure clinic
Lupin Digital Health, the subsidiary of drug maker Lupin that specialises in cardiac digital therapeutics on Tuesday announced the launch of Lyfe Digital Heart Failure Clinic in India. The e-clinic aims to help cardiologists and caregivers manage heart failure patients effectively from the comfort of their homes.
08.08 / 12:29
CEO
Platform
Software
Proxgy launches 'Made in India' pocket sound box AudioCube Mini
Proxgy has launched 'Made in India' pocket sound box, AudioCube Mini, for FinTech companies and PSU banks. The 4G-enabled AudioCube Mini sound box is an extension of Proxgy's AudioCube range, which includes QR code sound box and Bluetooth music sound box.
08.08 / 09:47
08.08 / 09:17
UPS
Platform
Software
Pool
show
performer
week
Shiba Inu Price Prediction as SHIB Becomes Top Performing Coin of the Week as Shibarium Launch Approaches – Can SHIB 1,000x From Here?
The price of Shiba Inu (SHIB) remains up by 7.5% in the past week, despite the meme token's 1.5% drop today, to $0.00000897.
08.08 / 06:37
08.08 / 06:11
UPS
Provident
Target
Software
SpaceX
Battlefield
AI-wielding tech firms are giving a new shape to modern warfare
anti-tank weapons, rocket launchers and howitzers. But Ukraine’s use of Western information technology, including artificial intelligence (ai) and autonomous surveillance systems, has also had a powerful, if less visible, impact on Russian forces. Commercial vendors supply Ukrainian troops with satellites, sensors, unmanned drones and software.
08.08 / 05:33
Twitter
Software
Memes start as Zoom asks employees to return to office after cashing in on WFH
WFH is a major reason for their existence," wrote one Twitter user. “Zoom is meant to be OFF SITE.
08.08 / 04:47
UPS
Target
Software
Buy HCL Technologies, target price Rs 1230: Religare Broking
HCL Technologies with a target price of Rs 1230. The current market price of HCL Technologies is Rs 1149.2.
08.08 / 01:13
Software
Pool
Interface
track
Bessemer says India SaaS is on track to touch $50 billion by 2030
Bessemer Venture Partners (BVP) on Monday projected that the Indian SaaS industry is expected to reach $50 billion by 2030, and Indian SaaS companies and unicorns to generate revenues of $20-$25 billion by 2030. In 2022, the market was at $13 billion, as per the report. A significant chunk of the companies that will contribute to the $50 billion annual recurring revenue (ARR) tally will be ones who would not have exhausted any more than $100 million of equitybased capital by 2030, BVP partner Anant Vidur Puri told ET.
07.08 / 18:07
Provident
Software
Meet Neville Roy Singham, accused of spreading Chinese propaganda in India and abroad
Times of India. Singham's firm deals in IT consulting, providing custom software tools and consulting services. Recently he has been accused of funding various groups which promote Chinese state media positions, while at the same time denying Uyghur genocide and also lobbying for Russian imperialism, adds the report.
07.08 / 17:47
07.08 / 16:13
Citi
Lowe's
CEO
Software
Enterprise
BlackRock
work from home
Zoom, a darling of work from home era, is now calling workers back to office
Zoom Video Communications Inc., once hailed as the emblem of the remote work era, is charting a new course by summoning its workforce back to the office. The company has revealed that employees living near a Zoom location will be required to be on-site for two days every week. This "hybrid approach," according to a company spokesperson, aims to bolster innovation and customer support while capitalizing on the firm's own technologies. Zoom's meteoric rise during the pandemic marked a significant shift in how industries communicated virtually. Nevertheless, as the world emerges from pandemic-related restrictions, diverse enterprises, including Amazon.com Inc., Chipotle Mexican Grill Inc., and BlackRock Inc., have been recalibrating their work arrangements to include more on-site presence for employees. However, despite this shift, numerous office spaces continue to experience low occupancy rates. For instance, offices in the Northeast region of the United States were at peak capacity only 24% of the time during the first half of the year, as per data from Basking.io, an analytics company focused on workplace occupancy. Simultaneously, job listings for remote positions have witnessed an upward trend in multiple cities.
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