Shares of Microsoft Corp were set to open at a record high on Friday, after the company reported another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services. Shares of one of the technology world’s oldest and best-known names rose 4 percent to $108.50 in trading before the bell,…
Software major Wipro on Friday said it had tied up with Alight Solutions, a US-based technology-enabled health, wealth, HR and finance solutions provider, to reshape the HR services industry.
Beating Street expectations, the country’s third largest software company Wipro on Friday posted a 16.2% increase in its net profits (quarter-on-quarter) for the April-June period, fuelled by the strong performance of the BFSI business. The sale of the company’s hosted data centre services business to Ensono was also reflected in the results.
After the Cambridge Analytica data scandal, Facebook has now suspended Boston-based data analytics company Crimson Hexagon over concerns that it harvested users’ data.
Law and IT Minister Ravi Shankar Prasad today said he will hold discussion with stakeholders, including political parties, to evolve a policy to deal with the menace of misuse of the social media. He said this in the Rajya Sabha in response to a suggestion in this regard by Chairman M Venkaiah Naidu, after several…
The European Commission had solid antitrust reasons for fining Google 4.3 billion euros ($5 billion) for violations including the bundling of certain apps with the Android operating system — and for not going after Apple for similar behavior. Yet, from a consumer’s point of view, Apple should get the same kind of attention.
Digital retail lending in the country could reach USD 1 trillion over the next five years, with annual digital disbursements witnessing a five-fold increase, said a report. Digital retail lending has seen explosive growth both globally and in the country, a report by the Boston Consulting Group (BCG) said today, adding while the juggernaut was…
Riding on its growing Intelligent Cloud portfolio and early investments in Intelligent Edge, Microsoft has surpassed $100 billion in revenue for the first time in fiscal year 2018.
Advent of the digital economy has helped improve access to services and information where traditional channels have not been able to deliver. Earlier this week, Facebook and the National Skill Development Corporation (NSDC) entered into a strategic partnership in Bhubaneswar to empower youth and entrepreneurs with digital skills in India.
Recent advances in Artificial Intelligence (AI) have been “pretty stunning” but what the humanity is going to see soon will be even more profound, Microsoft CEO Satya Nadella has stressed.