IT news
Nasscom to visit US, reach out to Trump’s policy makers
20 Jan 2017
Donald Trump, who will be the 45th US President, is known for his hardline stance on protectionism and immigration
Facebook testing mid-roll video ads
14 Jan 2017
Infosys Q3 net profit up 7% at Rs3,708 cr
13 Jan 2017
Bangalore-based Infosys tightened its revenue growth forecast for the fiscal year to 8.4-8.8 per cent from 8-9 per cent amidst an increasing shift to sophisticated technological services
TCS Q3 net up 10.9% at Rs6,778 cr buoyed by digital revenues
12 Jan 2017
TCS' margins remained stable at 26 per cent while revenue grew 2 per cent on constant currency basis and volumes recorded 1 per cent rise quarter on quarter despite the third quarter weakness
Marissa Mayer, others to quit Yahoo after it becomes ‘Altaba’
10 Jan 2017
Yahoo chief executive officer Marissa Mayer, co-founder David Filo and others plan to resign from the company's board when it completes its $4.8 billion sale to Verizon
Yet another rejig at Flipkart: Krishnamurthy made CEO
10 Jan 2017
Tiger Global, the largest investor in homegrown online market place Flipkart, has taken operational control of the company from founders Sachin Bansal and Binny Bansal, with the investor’s nominee Kalyan Krishnamurthy taking over as the new CEO
Yet another rejig at Flipkart: Krishnamurthy made CEO
10 Jan 2017
Tiger Global, the largest investor in homegrown online market place Flipkart, has taken operational control of the company from founders Sachin Bansal and Binny Bansal, with the investor’s nominee Kalyan Krishnamurthy taking over as the new CEO
Roads ministry to launch two mobile apps
07 Jan 2017
JLR buys minority stake in autonomous tech firm CloudCar
07 Jan 2017
With technology from CloudCar, JLR hopes to eventually make the world’s first fully autonomous car
Russia meddled in poll, agree US intelligence agencies
07 Jan 2017
While the Central Intelligence Agency and the Federal Bureau of Investigation express "high confidence" in their conclusions on Russian interference in US elections, President-elect Donald Trump blames it on the Democrats and the intelligence failure
Intel to buy 15% stake in German digital mapping firm HERE
05 Jan 2017
Intel, which is buying the stake from HERE owners, German carmakers Daimler, BMW and Audi, will also have its nominee on HERE’s board once the transaction is completed
New payment app BHIM is supported by 30 banks
02 Jan 2017
E-commerce losses in India zoom 138% to Rs10,670 cr in FY16
28 Dec 2016
Amazon Flipkart, Paytm contributed 70% of the combined losses of e-commerce firms in India in fiscal 2015-16 as they competed in the market with freebies and deep discounts