BENGALURU - Software major Wipro on Wednesday announced that it had won a five-year deal to manage the IT infrastructure and services of Bangladesh's leading telecom operator Grameenphone Ltd. "We will manage the IT landscape for the operator by leveraging our Artificial Intelligence platform Holmes, own application development and management, infrastructure support and maintenance and back offices process for it," the company said...
NEW DELHI - Automobile major Tata Motors on Monday announced the appointment of finance professional P.B. Balaji as the group's new Chief Financial Officer from November 2017. According to the company, Balaji's appointment is expected to drive financial performance and bring greater vigour to operations and investment decisions across the different entities. On the appointment, Tata Motors Chairman N. Chandrasekaran said:
SAN FRANCISCO - A Google engineer fired for criticising the tech giant for its diversity policy continued his blitz against the company and dubbed his former workplace a "cult". According to an op-ed titled "Why I Was Fired by Google" in the Wall Street Journal on Saturday, James Damore, who was fired for writing a 10-page anti-diversity memo, said: "Google is a particularly intense echo chamber because it is in the middle of Silicon Valley and...
SAN FRANCISCO - In an apparent bid to take on Google-owned YouTube, Facebook has rolled out 'Watch' - a redesigned video platform for creators and publishers.The social media giant last year launched 'Video' tab in the US which offered a predictable place to find videos on Facebook. "Now we want to make it even easier to catch up with shows you love. We're introducing 'Watch', a new platform for shows on Facebook.
NEW DELHI - Enabling more customers to sell their used and new products with Amazon's facilitating delivery payments, Amazon India on Monday expanded "Local Finds" service to three more cities. "Local Finds" was initially piloted in Bengaluru earlier this year with around 600 sellers and over the last few months, over 30,000 customers have used this service. The service has now been expanded to Mumbai, Hyderabad and Chennai.
BENGALURU - Leading e-tailer Snapdeal on Monday said it was terminating strategic discussions to sell its stake, ostensibly to rival Flipkart, as it had decided to pursue an independent path."As we have been exploring strategic options over the months, we have decided to pursue an independent path and terminate all strategic discussions, said a Snapdeal spokesperson in a statement, without referring to Flipkart. A company official, who did not...
SAN FRANCISCO - Alphabet Inc., the parent company of Google, has appointed Indian-born Google CEO Sundar Pichai to its board of directors. "Sundar has been doing a great job as Google's CEO, driving strong growth, partnerships and tremendous product innovation. I really enjoy working with him and I'm excited that he is joining the Alphabet board," said Larry Page, CEO of Alphabet, in a statement. As Google's CEO, Pichai is responsible...
SAN FRANCISCO - Even though Microsoft has reported a fall in Surface PC line and Windows phones revenues, the Redmond-based tech giant is aiming for new devices called "Surface Phones" and has made its patent public. According to a report in Forbes on Monday, Microsoft CEO Satya Nadella has confirmed that Microsoft will "make more phones, but they will not look like phones that are there today."
NEW DELHI - Finance Minister Arun Jaitley on Friday formally launched a pension scheme for senior citizens with an assured return rate of eight per cent, favouring efficiency with social security. "Banks have to lend at feasible rates, while senior citizens want secure, reasonable, unfluctuating return on their investment," Jaitley said here launching the pension scheme -- Pradhan Mantri Vaya Vandana Yojana (PMVVY).
SAN FRANCISCO - As Facebook is running out of places to put ads in News Feed, its core money maker, it is now turning to its other platforms -- WhatsApp, Messenger and Instagram -- for revenue growth. According to a report in ReCode, Facebook has determined that it can't put more ads into users' feeds without harming their experience. "The industry term for this is ratio of ads to other content, called 'ad load',