Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

Cognizant’s Q2 Profit Rises to $566 Million Revenue Guidance Increased to $19.5 Billion

A 22% rise in Q2 net profit to $566 million was revealed by Cognizant, which also updated its FY24 sales projection from $19.3 billion to $19.5 billio

A 22% rise in Q2 net profit to $566 million was revealed by Cognizant, which also updated its FY24 sales projection from $19.3 billion to $19.5 billion. The businesss Q2 sales of $4.85 billion were up 1.9% sequentially but down 0.7% annually. While Cognizants health sciences division gained 3% sequentially, the banking and finance segment witnessed a 5% sequential increase. Meanwhile, the goods and resources category saw a 4.3% annual drop. After signing two $90 million and five $100 million transactions, the firms overall contract value reached $26.2 billion. Cognizant reported better sales momentum and operational efficiency despite an 8,100 staff reduction from Q1 2024. Read More..

B2B Tech News | 1 years ago          

Mitsubishi Reports 12% Increase in Q1 Net Profit, Surpassing Expectations

On Thursday, the Japanese trading company Mitsubishi 8058.T reported a 12% rise in firstquarter net profit yearly, at 354.4 billion yen $2.37 billion.

On Thursday, the Japanese trading company Mitsubishi 8058.T reported a 12% rise in firstquarter net profit yearly, at 354.4 billion yen $2.37 billion. The outcome surpassed the 290.8 billion yen prediction made by experts. The main drivers of the profit spike were the selling of two metallurgical coal mines and the declining value of the yen, which increased the companys profitability. The impressive result, which exceeded projections and demonstrated Mitsubishis solid financial stability in the face of market volatility, emphasises the companys effective asset management and advantageous currency circumstances. Read More..

B2B Tech News | 1 years ago          

Elon Musk’s xAI Denies Acquisition Plans for Chatbot Startup Character.AI

Elon Musk announced on Wednesday that he is not considering buying chatbot firm Character.AI through his AI startup, xAI, even if past The Information

Elon Musk announced on Wednesday that he is not considering buying chatbot firm Character.AI through his AI startup, xAI, even if past The Information publications hinted at such a change. The conjecture surfaced as xAI looks to increase the scope of its Grok AI model testing. Musks explanation, posted on social networking site X, disproved the rumours of a potential acquisition. xAI is not pursuing Character.AI the firm stays focused on its current development goals and strategy. Currently, Character.AI is a part of their growth plan. Read More..

B2B Tech News | 1 years ago          

London High Court Rules in Favor of Intel, Invalidates R2 Semiconductors Patent

In a landmark court case in London, Intel defeated R2 Semiconductor, which was requesting an injunction to prevent the sale of Intel processors due to

In a landmark court case in London, Intel defeated R2 Semiconductor, which was requesting an injunction to prevent the sale of Intel processors due to suspected patent infringement. R2 argued that Intels completely integrated voltage regulators infringed its patent, but the High Court invalidated the claim due to a lack of creativity. The ruling by the court opens the door for Intels products, including the "Ice Lake" server CPUs, even though Intel would have violated the patent if it had been legitimate. This result contrasts one from a German court in February that found Intel to have violated the law however, that decision is presently being appealed. Read More..

B2B Tech News | 1 years ago          

Airtel Begins 5G Spectrum ReFarming, Preparing for StandAlone SA Technology Rollout

To accommodate the increasing volume of 5G traffic, Bharti Airtel has begun refarming its midband spectrum 1800, 2100, and 2300 MHz. This action aims

To accommodate the increasing volume of 5G traffic, Bharti Airtel has begun refarming its midband spectrum 1800, 2100, and 2300 MHz. This action aims to improve customer indoor coverage and browsing speeds. Airtel is speeding up this process to deliver a remarkable 5G experience as data demand increases. According to CTO Randeep Sekhon, Airtel will soon introduce standalone SA technology, making it the first network in India to function in both standalone SA and nonstandalone NSA modes. Positive results from Rewari, Chennai, and Bhubaneswar experimental projects point to potential futures. With these dualmode capabilities, Airtel can provide cuttingedge services and apps. Airtels quick 5G deployment covers all 28 states and eight union territories in India. Read More..

B2B Tech News | 1 years ago          

Ransomware Attack on CEdge Technologies Disrupts Payment Systems at 300 Small Indian Banks

Almost 300 small local banks payment systems have been affected by a ransomware assault on CEdge Technologies, a significant banking technology provid

Almost 300 small local banks payment systems have been affected by a ransomware assault on CEdge Technologies, a significant banking technology provider in India. To contain the assault, the National Payment Corporation of India NPCI reacted by removing CEdge from the retail payment system. All online transactions, including RTGS and UPI payments, are impacted by this interim measure money is withheld but not credited. The assault mainly affects small banks outside of major cities, even though the impacted institutions account for approximately 0.5% of the nationwide payments. The Reserve Bank of India, the NPCI, and cybersecurity authorities are undertaking a comprehensive audit to stop the spread. This event emphasises how dangerous ransomware is—it encrypts files and demands a fee to unlock them. Read More..

B2B Tech News | 1 years ago          

OpenAI Relaunches ChatGPT Voice Mode with Enhanced Safety Measures

After an instance in which the AI replicated Scarlett Johanssons voice, OpenAI revised its ChatGPT voice mode to alleviate concerns. Selected ChatGPT

After an instance in which the AI replicated Scarlett Johanssons voice, OpenAI revised its ChatGPT voice mode to alleviate concerns. Selected ChatGPT Plus users will be able to utilise this improved feature after thorough testing and optimisation to create a lively, engaging environment. Following the uproar, OpenAI stopped the launch to put strong safety precautions in place. These efforts included hiring more than 100 outside experts to conduct stress tests, adding content filters, and working with professional voice actors to create preset voices. This restricted release highlights OpenAIs dedication to ethical AI development it will be extended to all ChatGPT Plus members in the autumn. Read More..

B2B Tech News | 1 years ago          

Cencora Reveals Additional Patient Data Stolen in February Cyberattack

New patient data was compromised in a hack and data breach in February, according to information disclosed by US medication distributor Cencora on Wed

New patient data was compromised in a hack and data breach in February, according to information disclosed by US medication distributor Cencora on Wednesday. When it learned of the compromise earlier this year, the business opened an inquiry. The analysis verified that the stolen data containing protected health information and personally identifying information was primarily from a subsidiary providing patient support services. While it continues to examine the data for additional alerts, Cencora has already alerted regulatory agencies and possibly impacted people. Notwithstanding the intrusion, Cencora is strengthening cybersecurity protocols and has not discovered any indication that the material was made public. There has yet to be a significant effect on how it operates. Read More..

B2B Tech News | 1 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   15249   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12725   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13085   

4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
   12826   

5.  Approximately 8 billion gadgets connect on the internet every day.
   15920   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.