Welcome to the world of facts and news

Apple’s premium resellers look to cash in on buzz

Apple’s retail store in Mumbai opened on Tuesday, while the one in Delhi will open on April 20. Industry executives estimate that globally, Apple’s own stores contribute 12-15% of overall sales.

from Tech-Economic Times https://ift.tt/W4etZAn

Cognizant rolls second hike as a part of 'two-merit cycles' announced last year

Combined with the merit increases eligible directors and above received in January, Cognizant is awarding more than 300,000 associates a merit increase this year, according to an internal mail.

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

After threat from Samsung, Google scrambles for new AI-powered search engine: report

According to a report in the New York Times, South Korean phone-maker Samsung is reportedly looking to replace Google with Bing as the default search engine on its devices.

from Tech-Economic Times https://ift.tt/Jy4EesR

Workforce software provider BetterPlace acquires Malaysia's job search platform Troopers

Frontline workforce management SaaS platform BetterPlace on Monday announced the acquisition of TROOPERS, Malaysias leading flexi talent solutions technology player.

from Tech-Economic Times https://ift.tt/w6aX3V5

Infosys shares tank 11% on weak Q4 earnings. Should you buy or sell?

Despite calling Infosys' January-March 2023 quarter results "shocking", Jefferies maintained a ‘Buy’ on the second-largest IT services company for a price target of Rs 1,770 based on 24X 12m forward EPS. Key risks include weaker revenue growth, lower margin, unfavourable currency, and corporate action, the brokerage said.

from Tech-Economic Times https://ift.tt/3yCZPMe

AI must be well-regulated to avert harmful effects, says Google CEO Sundar Pichai

Asked in a 60 Minutes interview about what keeps him up at night with regard to AI, Pichai said “the urgency to work and deploy it in a beneficial way, but at the same time it can be very harmful if deployed wrongly”.

from Tech-Economic Times https://ift.tt/C48QG0h

Considering buying Angry Birds maker Rovio, says Japan's Sega Sammy

The Wall Street Journal reported last week that Sega Sammy was nearing a deal to buy the Finnish firm for about $1 billion. Rovio has said it was in talks with Sega Sammy over a possible tender offer.

from Tech-Economic Times https://ift.tt/Bg9dner

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...