Apple's best June quarter, but iPhone revenue remains weak

Profit in the third quarter to June fell 13% from the year-ago period to $10 billion while overall revenues increased 1% to a better-than-forecast $53.8 billion.

from Tech-Economic Times https://ift.tt/2yu056G

Apple growing again, Cook positive on India

India, along with emerging markets including Brazil and China performed better, recorded a revenue growth of 3% in the three months to June.

from Tech-Economic Times https://ift.tt/2ywhH1G

TechM should improve margins, says Anand Mahindra

​​“You talked about TCS having a higher margin, I am glad you said it loudly, it’s a good thing for him (CP Gurnani) to hear,” Mahindra told shareholders at the annual general meeting.

from Tech-Economic Times https://ift.tt/331v886

Rishad Premji takes over as Wipro chairman

The 42-year-old Wipro scion has been instrumental in acquiring new-age companies to transform its identity as a digital technology services provider.

from Tech-Economic Times https://ift.tt/2ysZ7I4

Mindtree employees bid adieu to founders

The new management led by L&T, which owns more than 60% stake in the company, will take over beginning August 1.

from Tech-Economic Times https://ift.tt/2SSXDAd

Lenovo expects 40 per cent growth in India this fiscal

The firm also unveiled new models of IdeaPad tablets, Yoga all-in-one desktops and ultra-slim notebooks in the price range of Rs 23,990 to Rs 1,69,990 a unit.

from Tech-Economic Times https://ift.tt/2Yx2I6C

Rajeev Mehta may be appointed Mindtree CEO

L&T bought 3.27 crore shares held by Siddhartha and Cafe Coffee Day at Rs 980 per share, according to BSE data.

from Tech-Economic Times https://ift.tt/2ZnZtvh

Mindtree joins blockchain collaboration Hyperledger

Hyperledger is a multi-project, multi-stakeholder effort that includes 14 business blockchain and distributed ledger technologies.

from Tech-Economic Times https://ift.tt/2Ms1ToX

Global smartphone shipments slip 1.2 per cent to 360 mn units in Q2 2019: Counterpoint

A total of 364.3 million units were shipped in the April-June 2018 quarter globally. The research firm attributed the slowdown to sluggish sales in China.

from Tech-Economic Times https://ift.tt/2KhJBnA

19% iPhone shipment growth in India amid fall in global sales

Promotional offers and aggressive marketing has helped Apple to drive revenues in India.

from Tech-Economic Times https://ift.tt/2yBJaiV

Dell keen to tap BFSI opportunity, but India’s no China for the company yet

The company, which relisted in December 2018, expects revenue of $93-96 billion globally in financial year 2020.

from Tech-Economic Times https://ift.tt/2SSZncs

CISF goes digital to increase efficiency, reduce paper trail

The force has created mobile apps to create a platform for passengers, where they can register complaints, and also for employees, who can now conduct their HR issues.

from Tech-Economic Times https://ift.tt/2MtC8Vw

Analysts flag data privacy concerns over FaceApp use

Analysts warn of potential risks to user privacy and national security since personal data of millions of people could be vulnerable to threats of misuse later on.

from Tech-Economic Times https://ift.tt/2Yb1caK

Tech-savvy Siddhartha got many a tech winner going

Was among India’s 1st VC investors, betting early on many marquee cos.

from Tech-Economic Times https://ift.tt/2MqRMRn

After Yatra, Ebix sets sights on debt-hit IT firm Trimax

Ebix is holding discussions with a consortium of lenders led by State Bank of India, the people said.

from Tech-Economic Times https://ift.tt/2Zv7M8R

Google, Facebook, Twitter may be affected: Framework to tax big tech companies being finalised

Revenue threshold of Rs 20 crore and a limit of 500,000 users may be set for a non-resident technology firm to pay tax on profits earned locally.

from Tech-Economic Times https://ift.tt/2GxTRav

Twitter launches #Tweetups to bring the power of global conversations to life

Twitter said it has partnered with Shared Studios for the #Tweetups, which it said will aim to take the online conversation offline.

from Tech-Economic Times https://ift.tt/2Yv9AkD

Truecaller ‘bug’ starts automatic enrolment of users to UPI, alarming people

Truecaller was automatically been sending out UPI-linking requests after an update to the app that came out recently.

from Tech-Economic Times https://ift.tt/315QvDn

Tech Mahindra acquires US design firm Mad*Pow

The acquisition is expected to help Tach Mahindra boost its capabilities in customer experience and digital transformation.

from Tech-Economic Times https://ift.tt/2ymFe5t

Banning cryptocurrencies in India not the solution: Nasscom

An inter-ministerial committee last week submitted the report and the draft bill on banning of cryptocurrencies.

from Tech-Economic Times https://ift.tt/2Ys7pdz

Persistent Systems shifts focus to long-term contracts

Persistent systems is transitioning to more long term contracts under the charge of their new CEO

from Tech-Economic Times https://ift.tt/2ylnWp5

Govt to ping EU to align its data law with GDPR

The EU Commission and Japan signed a similar deal of equivalency to enable safe data transfers, based on a high level of protection of personal data.

from Tech-Economic Times https://ift.tt/2YfQ8cz

TCS vigil mechanism is under Sebi watch

Phillippe Guionnet, a US-based client-facing executive at TCS, lodged the complaint in a letter to the regulator earlier this month.

from Tech-Economic Times https://ift.tt/2SMzdrS

Muted growth for online commerce: Net, net, India's net use slowing

User growth in FY19 may drop further from FY18’s 8%, marking second consecutive fall.

from Tech-Economic Times https://ift.tt/2SNxEtT

250,000 and counting: Handsets sector sheds jobs to remain afloat

The cut of about 15% of the workforce comprised mainly of in-store brand promoters who were put out of work after thousands of small phone-retailing shops shut down.

from Tech-Economic Times https://ift.tt/2KaIq9L

Indian government sector next big thing for Google Cloud

According to Google, the time is ripe for the company to now deeply explore the government sector as various state governments are moving fast on initiatives like building smart cities.

from Tech-Economic Times https://ift.tt/2LM303m

All three 2020 iPhone models to support 5G: Report

"We believe that 5G Android smartphones, which will be sold at $249-349, would only support Sub-6GHz," Apple analyst Ming-Chi Kuo was quoted.

from Tech-Economic Times https://ift.tt/32TWNaR

Infosys opens new cyber-defence centre in Romania

The centre will provide end-to-end, real-time, 24/7 cyber security monitoring and protection services to support European and global businesses.

from Tech-Economic Times https://ift.tt/2MmMRRu

Cisco, Google join hands to offer high-speed public wi-fi in India

The locations include public spaces like bus stops, hospitals, government offices, etc.

from Tech-Economic Times https://ift.tt/2OnRX2x

Mid-tier IT caught between shrinking deals and rising costs

The slowdown in spending on banking, financial services and insurance (BFSI) has emerged as a key concern.

from Tech-Economic Times https://ift.tt/2MowgfV

Visionet plans to hire 800 employees in 6 months

"We are planning to hire around 800 people in the next six months which will take our team strength to over 2,500 in India," Visionet Managing Director Alok Bansal told.

from Tech-Economic Times https://ift.tt/2LNiCUi

Will Reddit become next Facebook for millennials in India?

Reddit which hails itself as "the front page of the Internet" was ranked as the fifth most visited website in the US and 13th in the world, according to Alexa Internet.

from Tech-Economic Times https://ift.tt/2LNlFM3

Social media platforms now weaponised, reveals 'The Great Hack'

Since the Cambridge Analytica scandal - the realisation that social media operators treat users as a commodity - has changed the perception of netizens.

from Tech-Economic Times https://ift.tt/30YiOUf

Apple ad campaign to put spotlight on privacy

The campaign which will go live in India on Sunday will throw light on Apple’s longstanding view that it holds paramount the privacy of its consumers.

from Tech-Economic Times https://ift.tt/2Yrju73

How regional languages are fueling You-Tube's growth in India

Cheaper data has helped YouTube ass millions of new users who prefer voice searches in their mother tongue

from Tech-Economic Times https://ift.tt/2YlMNE0

Apple hired contractors to hear users' conversations: Report

The company has been sending recorded conversations of users with virtual assistant Siri to contractors, a new report says.

from Tech-Economic Times https://ift.tt/2LIQT7f

Mindtree to maintain double-digit growth: L&T head Subrahmanyan

The engineering conglomerate is the majority owner of the mid-tier technology services company, after it acquired 60.06% stake.

from Tech-Economic Times https://ift.tt/2MrLcu7

Enterprises test WhatsApp’s payment app

WhatsApp’s payment service has been in the beta mode since last year. The company didn’t respond to an email seeking comments till press time on Friday.

from Tech-Economic Times https://ift.tt/2YqzAKd

Policymakers a divided lot on Personal Data bill provisions

Fresh talks likely as most departments express concerns over provisions; only Indian experts to be involved.

from Tech-Economic Times https://ift.tt/2Gw71EU

WhatsApp assures India of 'prompt action' on traceability of messages

The issue of traceability of messages on its platform has been a thorny one between India and WhatsApp for over a year now.

from Tech-Economic Times https://ift.tt/2yciu7Y

Prasad tells WhatsApp to ensure mechanism to trace rogue messages; says app has assured action

The minister, who met WhatsApp Global Head Will Cathcart, said the top official had assured him of prompt action in these issues of "concern".

from Tech-Economic Times https://ift.tt/32QoSjz

YouTube India sees rapid growth in channels in Indian languages

``Content categories such as comedy, music, news, tech and learning are on the rise,’’ said Satya Raghavan, director content partnerships, YouTube India,

from Tech-Economic Times https://ift.tt/30XQXU4

Making privacy controls more easily accessible: Sundar Pichai

Sundar Pichai's comment came at a time when technology companies are facing challenges of protecting user privacy amid increased scrutiny by regulators.

from Tech-Economic Times https://ift.tt/2OiqJdD

Google sold twice as many devices in Q2, thanks to Pixel 3A

The Google CEO attributed the success of the Pixel line-up - including Pixel 3A, which starts at $399 -- to an expanded distribution network.

from Tech-Economic Times https://ift.tt/2yoSTsN

Businesses erring in ignoring quantum technology: PwC

Last year, Google unveiled the world's largest quantum computer processor of 72 qubits realised on a superconducting system.

from Tech-Economic Times https://ift.tt/2LIdr81

Cloud revenue to double in 2-3 years, says SAP

The overall market for cloud solutions in India has grown at 300% in the last five years.

from Tech-Economic Times https://ift.tt/2SGYS5f

Bots chat with databases to track emotions

Machine learning, basically a set of code built on repetitively analysing huge blocks of data sets, is being leveraged to predict the base sentiment or mood of the user in order to draft an appropriate response.

from Tech-Economic Times https://ift.tt/2ZdT7yy

Credit Suisse IT India wins Coding Powerhouse Award

Credit Suisse’s IT India team won the Coding Powerhouse of India award at the TechGig 2019 Code Gladiators challenge held in Mumbai. Credit Suisse is the onl...

from Tech-Economic Times https://ift.tt/2Ykkw0u

ET Edit: Google and Facebook, do no evil to media

True, content generators gain from Google’s search and Facebook’s sharing functions but there would be nothing to access if there were no content generated in the first place.

from Tech-Economic Times https://ift.tt/312G0kl

Social influencers make hay while content shines

Content applications are luring creators with cash rewards, contracts, prizes, traffic and tips.

from Tech-Economic Times https://ift.tt/2LIFQuO