IT articles

Global information security spending to exceed $124 bn in 2019

Global spending on information security products and services is forecast to grow 8.7 per cent to reach $124 billion in 2019, a new report has said. According to market research firm Gartner, the market will exceed $114 billion in 2018 — which is an increase of 12.4 per cent from 2017. “Security leaders are striving

Google admits it tracks users, but says it’s ‘to improve experience’

After facing criticism over reports that certain Google apps track users’ whereabouts even when they turn off location data, the tech giant has revised its Help Page, clarifying that it does track location data in order to “improve Google experience”. Previously, the Help Page stated: “You can turn off Location History at any time. With

Google not close to launching search engine in China: Sundar Pichai

Putting to rest the rumours of Google rolling out a customised version of its popular search engine service in China, CEO Sundar Pichai clarified that the company is not close to launching a search product. However, Pichai did hint at doing more in the country which is infamous for its restrictive internet policies. Pichai’s comments

Cisco’s software push fuels Q4 profit & revenue growth

Cisco Systems topped Wall Street targets for quarterly revenue and profit and forecast first-quarter sales above estimates on Wednesday, as the network gear maker’s transition to a software-focused company gains traction. The company’s net income rose to $3.80 billion in the fourth quarter ended July 28, from $2.42 billion a year earlier. Cisco, like other

Intel eyes $200 bn data centre market opportunity by 2022

With more and more data being generated, global chip-maker Intel is eyeing at $200 billion market opportunity in 2022 for its data-centric businesses, a top executive has said. According to Navin Shenoy, Executive Vice President and General Manager of the Data Centre Group (DCG) at Intel Corp, the company garnered $1 billion in Artificial Intelligence

Paytm acquires Bengaluru-based Balance Technology

Digital payments major Paytm today said it has acquired Bengaluru-based savings management startup, Balance Technology for an undisclosed amount. The acquisition will help One97 Communications, which operates the Paytm brand, in further enhancing its user and merchant interfaces, Paytm said in a statement. While Paytm declined to comment on the deal size, the transaction is

How Google wants to get back into China with its cloud plan

Google wants to get back into China, and is laying the groundwork for a key part of the initiative: bringing its cloud business to the world’s second-largest economy. The internet giant is in talks with Tencent Holdings Ltd., Inspur Group and other Chinese companies to offer Google cloud services in the mainland, according to people

Govt will not tolerate data abuse by firms to influence elections: Prasad

Law and IT Minister Ravi Shankar Prasad on Wednesday said social media platforms should themselves weed out circulation of fake news and the government will not tolerate data abuse by companies for influencing elections in India. He said the government has ordered a CBI investigation into alleged misuse of data of Indian Facebook users by

Trolls claim they spammed Trai chief’s mobile, placed COD orders ‘for him’

On Tuesday, a number of people claimed on social media that they had used information disclosed about Telecom Regulatory Authority of India (Trai) chairman RS Sharma to “deliberately harass” him. Many claimed that they had “deluged” his mobile number with telecom complaints. Some said they had registered themselves as ‘RS Sharma’ on several e-commerce sites