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Cognizant CEO Ravi Kumar on earnings, company’s vision & ChatGPT; Visa launches CVV-free online transactions

Ravi Kumar S, who took over as the chief of US-headquartered IT firm Cognizant four months ago, has termed the last quarter “historic” amid a cautious macro environment.

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Apple Q2 results: iPhone sales growth helps beat revenue, profit estimates

Apple's sales for its second quarter ended April fell 2.5% to $94.84 billion, better than analyst expectations of a 4.4% decline to $93 billion, according to data from Refinitiv.

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Israel seized Binance crypto accounts to 'thwart' Islamic State, shows document

In a series of investigations last year, Reuters reported that Binance intentionally kept weak anti-money laundering controls. Since 2017, Binance has processed over $10 billion in payments for criminals and companies seeking to evade US sanctions.

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Smartphone shipments in India dips 16% in January-March: Report

Despite a dip of 11.4% in shipment, Samsung led the market with a 20.1% market share, followed by Vivo with 17.7%.

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Fierce AI talent war shifts to India with salaries being doubled

India has long provided tech firms with a source of specialists able to work for low costs, but demand now far outstrips supply, with the country needing a further 213,000 data specialists to reach anticipated demand, according to industry group Nasscom. The squeeze has led to an AI hiring frenzy around the world, with some companies offering such eye-watering incentives as bonus BMW motorcycles to lure talent.

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'Fabrications are common': When AI Chatbots Hallucinate

Figuring out why chatbots make things up and how to solve the problem has become one of the most pressing issues facing researchers as the tech industry races toward the development of new AI systems.

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Exclusive: Airbnb’s Brian Chesky on India’s potential; over 50% staff at Indian unicorns seeking jobs

Bouncing back from Covid-19, Airbnb in 2022 saw a 70% growth in overnight bookings in India, one of its biggest markets, CEO Brian Chesky told us in an exclusive chat. This and more in today’s ETtech Morning Dispatch.

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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...