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Technology

LTIMindtree, IBM collaborate to set up GenAI Centre of Excellence for India May 7, 2024
LTIMindtree and IBM launch a Generative AI Center of Excellence in India to develop AI solutions, combining data expertise and watsonx technology, to tackle business challenges and drive AI adoption.
Paytm market cap nears $2.5 billion; state-run banks turn to GenAI May 7, 2024
Paytm’s market capitalisation is down to nearly $2.5 billion after a ninth straight session of declines on the BSE.
PB Fintech Q4 Results: Policybazaar parent reports PAT of Rs 64 cr vs loss of Rs 488 crore YoY May 7, 2024
The company had recorded a loss of Rs 488 crore in the year-ago period. The consolidated revenue for the reporting quarter stood at Rs 3,438 crore, which was a 34% YoY jump.
Drone-based agritech startup BharatRohan raises $2 million May 7, 2024
BharatRohan, a startup, raised $2.3 million pre-IPO for developing advanced drones for crop monitoring. The fund will expand services nationwide, supporting 50,000 farmers across five states with hyperspectral sensors for precise agricultural insights.
'Livestream' shopping thwarts some high-tech tools to stop fake merch May 7, 2024
Livestream shopping in the U.S. faces challenges with counterfeit goods influx. Technology by platforms like TikTok and Amazon aims to combat fakes, yet copyright violations persist in live videos. Patent lawyers emphasize the need for improved detection methods.
Microsoft hit with Spanish startups' complaint about cloud practices May 7, 2024
The US tech giant ranks second in the cloud computing sector, behind market leader Amazon but is expected to close the gap rapidly as a clutch of generative AI features powered by OpenAI's technology attract business users.
Log analytics firm Parseable raises $2.75 million from Peak XV's Surge May 7, 2024
Nitish Tiwari launched Parseable in 2022. The company focuses on helping businesses handle the growing challenge of log data by storing, managing, and analyzing it using cloud-based solutions. Parseable makes use of open-source formats like Apache Parquet and Apache Arrow to ensure data can be processed and work seamlessly with other systems.
Nintendo to announce Switch successor details this financial year May 7, 2024
Nintendo has extended the lifecycle of the Switch device with hit titles such as "The Legend of Zelda: Tears of the Kingdom", with the market focused on the timing and prospects for next-generation hardware.
Happiest Minds Tech Q4 profit jumps 25%, revenues up 10% May 7, 2024
Happiest Minds executive chairman Ashok Soota said the company is on track for its longterm vision of $1 billion revenue in FY31, thanks to its new generative AI business unit and two successful acquisitions.
Tensions rise in Silicon Valley over sales of startup stocks May 7, 2024
Tensions over the shadowy and often enigmatic market of private company stocks have reached a boiling point, just as the buying and selling of such shares has grown bigger than ever. At its center is an age-old debate: Should everyone have access to the riches and risks of investing in Silicon Valley startups?

CNN Economy

Goldman Sachs slants research to help Democrats, top White House adviser says October 2, 2018
Kevin Hassett, President Donald Trump's top economic adviser, suggested Goldman Sachs may be slanting its economic research to help Democrats ahead of the midterm elections.
Land O'Lakes CEO Beth Ford, from the cornfield to the C-suite October 1, 2018
Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files.
The next big test for Elon Musk arrives this week September 30, 2018
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The next big test for Elon Musk arrives this week September 30, 2018
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CEOs are cashing in on the market boom September 26, 2018
Corporate insiders at US companies have dumped $5.7 billion of stock this month, the highest in any September in the past decade, according to TrimTabs.
General Electric is in a sharp decline September 26, 2018
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Why investors aren't freaking out about inflation September 25, 2018
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CNN MARKETS

Premarket: 7 things to know before the bell October 4, 2018
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Why it's time for investors to go on defense October 4, 2018
Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly.
Barnes & Noble stock soars 20% as it explores a sale October 3, 2018
Barnes & Noble jumped more than 20% after it said it would review a sale of the troubled company.
Aston Martin falls 5% in London IPO October 3, 2018
Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion.
Honda teams up with GM on self-driving cars October 3, 2018
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Toys 'R' Us brand may be brought back to life October 3, 2018
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands.
Tencent Music plans to go public on US exchange October 3, 2018
It dominates the music streaming market in China through its QQ Music, KuGou and Kuwo platforms.

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