Welcome to the world of facts and news

Accenture results signal growth impact in FY24, larger firms to benefit

Most analysts expect the Indian IT sector to grow its revenue in mid- to high-single digits year on year in FY24, a steep climb down from the high growth registered in the past two years post the pandemic.

from Tech-Economic Times https://ift.tt/ucDRYoz

Delhi High Court asks Google to consider softer warning for WinZO app downloads

The high court asked Google whether it can say the application is harmful when it does not know verified reports about it. “Can you say it is harmful? You can say it is unverified and download it at your own risk,” the court said, while posting the matter for further hearing on April 26.

from Tech-Economic Times https://ift.tt/9G245xU

IT firms could buy tech captives of crisis-hit banking sector; Hindenburg accuses Jack Dorsey's Block of $1B fraud

Several analysts believe that the global capability centre (GCC) ecosystem has significantly changed since the 2008 crisis stage and that the current crisis would result in an increase in GCC investments in the country.

from Tech-Economic Times https://ift.tt/7us2B1k

Google leased 3 million square feet of office space in Bengaluru

The acquired office space, which combines flexible and traditional options, will be used to support the expansion of Google India and Google Connect Services India operations.

from Tech-Economic Times https://ift.tt/WNMjZt6

IT may get to buy tech captives of crisis-hit banking, financial firms

Advantage Indian IT firms as banks need core modernisation investments, say experts

from Tech-Economic Times https://ift.tt/r5QPBVh

Hindenburg takes aim at Dorsey's payments firm Block, shares plunge

The US short seller, behind a market rout of over $100 billion in India's Adani Group, said in its report that former Block employees estimated that 40% to 75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.

from Tech-Economic Times https://ift.tt/uDI1MHX

Meta says a network fee is not the fix for European telecoms firms' financial problems

Deutsche Telekom, Orange, Telefonica, Telecom Italia and other operators have lobbied for two decades for US tech giants to contribute to 5G and broadband roll-out.

from Tech-Economic Times https://ift.tt/oMKtViU

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...