Of the two partners, Foxconn is responsible for bringing in technology partners, and the JV will enable more licences as needed, said Akarsh Hebbar, managing director of the company’s global display and semiconductor business.
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.
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.
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.
Frontline workforce management SaaS platform BetterPlace on Monday announced the acquisition of TROOPERS, Malaysias leading flexi talent solutions technology player.
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.
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”.