Technology News

Companies

Cognizant’s ex-workers are suing it for mental health harm from moderating Facebook content

This is the first time Cognizant is facing lawsuits over its Facebook contract, which ended in 2020. Significantly, almost all compare it with how tobacco firms failed to disclose the health-related problems of cigarettes in the past.

3 min read27 May 2024
Companies

HPE’s Communications Technology Group to transition to HCLTech in $225 Million deal

HCLTech announced its $225 million all-cash deal to acquire assets of Hewlett Packard Enterprise’s Communications Technology Group (CTG). This strategic move is expected to bolster HCLTech’s telecom services by integrating top engineering talent and advanced IP from CTG

1 min read24 May 2024
AI

Generative AI video: Excitement tempered with scepticism

Generative AI video models Google Veo and OpenAI Sora can seem quite magical, but their adoption may trigger copyright concerns and debates

5 min read21 May 2024
Companies

Clean Science & Technology Q4 Results Live : profit falls by 12.74% YOY

Clean Science & Technology Q4 Results Live : Revenue increased by 4.92% YoY & profit decreased by 12.74% YoY

1 min read18 May 2024
Markets

Kaynes Technology stock climbs over 16% on solid Q4 earnings, up 394% from IPO price

Kaynes Technology India’s shares surged by 16% to ₹2,989 following the release of Q4 earnings report, with revenue increasing by 74.8% year-on-year. The company anticipates continued growth for FY25, supported by a robust order book and strategic initiatives for expansion.

3 min read17 May 2024
Companies

OpenAI unveils GPT-4o: From excitement, worry, warnings & memes — Here’s how the Internet reacted to the AI conversation

OpenAI’s GPT-4o model, with enhanced audio features for real-time conversations, received mixed reactions, with some excited about the futuristic tech and others expressing concerns about privacy and job security.

2 min read14 May 2024
Companies

Cognizant warns defiant staff: Back to office, or you may be out

In April, Cognizant Technology Solutions Corp. asked those who have not returned despite warnings to refer to earlier communications from business leaders on in-office expectations

3 min read14 May 2024
Companies

Selan Exploration Technology Q4 Results Live : profit rise by 129.05% YOY

Selan Exploration Technology Q4 Results Live : Revenue increased by 108.99% YoY & profit increased by 129.05% YoY

1 min read8 May 2024
Auto News

Elon Musk dispatches Tesla’s ‘fireman’ to China amid slowing sales

Tom Zhu, one of the three executives named on Tesla’s website, is coming back to China as the carmaker seeks to launch Autopilot features there.

3 min read7 May 2024
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Technology

Cyber startup Wiz raises $1 billion on path to IPO

Wiz said Tuesday it raised $1 billion in a deal valuing the fast growing cloud security startup at $12 billion.

2 min read7 May 2024
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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