IT news

Infosys to acquire chip designer InSemi for Rs280 crore

Infosys to acquire chip designer InSemi for Rs280 crore

13 Jan 2024

IT services major Infosys on Thursday announced a definitive agreement to acquire InSemi, a leading semiconductor design and embedded services provider for Rs280 crore.

TCS Q3 net profit up 8.2% at Rs11,735 cr; revenue at Rs60,583 cr

TCS Q3 net profit up 8.2% at Rs11,735 cr; revenue at Rs60,583 cr

11 Jan 2024

Tata Consultancy Services (TCS) has reported a net profit of Rs11,735 crore for fiscal third quarter ended 31 December 2023, an 8.2 per cent increase year-on-year, on the back of rising demand for cloud-led services.

Google to pay $700 million to Play Store users, relax app rules for 7 years

Google to pay $700 million to Play Store users, relax app rules for 7 years

20 Dec 2023

Google has agreed to pay $700 million to users of its Play Store, following a judge’s decision in September that the tech giant is exerting illegal monopoly on Android with its Play Store and the restrictions on users.

IBM to acquire Software AG’s StreamSets and webMethods platforms for €2.13 bn

IBM to acquire Software AG’s StreamSets and webMethods platforms for €2.13 bn

20 Dec 2023

IBM on Monday announced the signing of a definitive agreement to acquire StreamSets and webMethods technology platforms from Software AG, for €2.13 billion in cash.

Epic Games wins antitrust case against Google’s Play app store

Epic Games wins antitrust case against Google’s Play app store

14 Dec 2023

The verdict by a Federal court in California comes as further proof of Google’s monopolistic use of its Android platform

Sam Altman plans new AI venture as Mira Murati replaces him as CEO of OpenAI

Sam Altman plans new AI venture as Mira Murati replaces him as CEO of OpenAI

18 Nov 2023

A day after Sam Altman was ousted as chief executive officer (CEO) of artificial intelligence technology start-up OpenAI, he is reported to have discussed a possible comeback amidst moves to start a new AI project.

How will the new rule changes by the European Commission affect the tech giants?

How will the new rule changes by the European Commission affect the tech giants?

07 Sep 2023

On Wednesday, 6 September 2023, the European Commission unveiled a list of service providers that meet the criteria for inclusion within the scope

G20 leaders’ summit buzz: Biden may question laptop import restrictions

G20 leaders’ summit buzz: Biden may question laptop import restrictions

04 Sep 2023

While visiting New Delhi to participate in the upcoming G20 Leaders’ Summit this week, US President Joe Biden is expected to engage in discussions with Prime Minister Narendra Modi regarding India’s import restrictions on items such as laptops and other electronic products, according to individuals familiar with the matter.

Indian national arrested in US for tech fraud

Indian national arrested in US for tech fraud

01 Sep 2023

In New Jersey, USA, an individual of Indian American descent has been apprehended for involvement in a technical support scam that victimized over 7,000 individuals, resulting in a total fraud amount exceeding $13 million. This was revealed by a US attorney on Thursday, 31 August.

Google launches AI-powered search in India

Google launches AI-powered search in India

01 Sep 2023

During the introduction of the new Bing, Microsoft CEO Satya Nadella referred to Google as the '800-pound gorilla' of the online search space.

President Biden issues order restricting technology investments in China

President Biden issues order restricting technology investments in China

10 Aug 2023

On 9 August 2023, US President Joe Biden signed an executive order that enforces restrictions on certain new American investments in China, specifically targeting sensitive technologies such as computer chips. The order also mandates government notification for investments in other technology sectors in China.

TCS signs £840 million fresh contract with UK pension scheme Nest

10 Jul 2023

Infosys launches free AI training and certification programme

01 Jul 2023

Information technology major Infosys has launched 'Citizens Data Science', a free AI training and certification programme

ITC overtakes Infosys to become India's sixth most valuable company

09 May 2023

TCS Q4 net rises 15% to Rs11,392 crore

TCS Q4 net rises 15% to Rs11,392 crore

13 Apr 2023

TCS also reported a change of guard with interim CEO K Krithivsan taking over charge three months ahead of the planned departure of the current CEO at end-September 2023

Google agrees to cooperate on CCI’s Android ruling as SC dumps its petition

30 Jan 2023

IIT Madras develops mobile operating system BharOS

IIT Madras develops mobile operating system BharOS

30 Jan 2023

BharOS, that can rival Android and iOS, is meant for privacy and security and has no default apps, which means that it won’t require people to use any pre-installed apps

Infosys Q3 net profit up 13.4% at Rs6,586 cr

Infosys Q3 net profit up 13.4% at Rs6,586 cr

16 Jan 2023

For the full fiscal Infosys raised revenue guidance to 16-16.5 per cent  against the previously projected 15-16 per cent increase while retaining FY23 operating margin guidance at 21-22 per cent

Musk fires almost all Twitter staff in India in global downsizing

Musk fires almost all Twitter staff in India in global downsizing

07 Nov 2022

The US-based microblogging platform on Friday fired nearly 180 of its 230-odd employees in India, reports citing employee and other sources said

CCI slaps Rs1,338-cr fine on Google for Android manipulations

CCI slaps Rs1,338-cr fine on Google for Android manipulations

01 Nov 2022

While imposing the Rs1,338 crore fine, CCI has put forward ten measures for Google, including that Android device makers shouldn’t be forced to pre-install its services and that Google shall not restrict users from uninstalling of its pre-installed apps

Govt amends IT Rules to provide for creation of Grievance Appellate Committee

31 Oct 2022

TCS Q2 net profit crosses the Rs10,000-cr mark

TCS Q2 net profit crosses the Rs10,000-cr mark

13 Oct 2022

TCS's order book stood at $8.1 billion at the end of September 2022 on the back of continued strong demand for its services while a high employee attrition rate of 21.5 per cent remained a sore point

Rummy online becomes real business with Rs21,000 cr GST impost

27 Sep 2022

EU General Court upholds charges against Google, but lowers fine to €4.1 bn

15 Sep 2022

Adobe to acquire Figma in $20bn cash-and-stock deal

Adobe to acquire Figma in $20bn cash-and-stock deal

15 Sep 2022

Adobe expects the combination to accelerate the delivery of its Creative Cloud technologies on the web, making the creative process more productive and accessible to more people

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