Tech Mahindra buys US based media group Born

Indian ITES major Tech Mahindra is in final stages of negotiations to acquire Born (formerly Group FMG), a global marketing & media solutions agency operating and a deal is likely to be signed soon.

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Infosys lays off mid, senior level executives

The firm has 86,558 employees and 1.1 lakh employees at the associate and middle bands.

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When things think and talk back

Microsoft last year acquired a company called Bonsai that makes this kind of software, merged it with some work from its research arm — a group of Microsoft researchers wrote a paper on this idea back in 2017 — and is now expanding a software preview so more potential customers can test it.

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US tech firms get more H-1B visas in FY19

Seven US companies among top 10 recipients; TCS, Cognizant and TechM were others in the list. The top ten companies accounted for 12% of the 88324 H-1B visas issued in fiscal 2019. USCIS is the American agency to oversee immigration in the country. It follows the October to September financial year.

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Cisco puts end to employee ratings

Cisco will now ask managers how they intend to invest in their teams, develop staff skills. The technology conglomerate is turning around the traditional model of performance management — where a manager rates an employee — to ask managers how they intend to invest in their team. The step will focus on how team leaders can help employees develop their skills.

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Microsoft rolls out new cloud tool for analysing business data

The Azure Synapse system is part of the company's fast-growing cloud computing unit, which has driven the company's shares up over the past five years. The tool is meant to help companies build out systems that analyze large amounts of data to make better business decisions, such as whether a digital marketing campaign is driving more traffic to stores and websites.

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Tech Mahindra signs MoU with CET for AI center

The collaboration outlines the government’s objective to upskill young students by familiarising them with new-age technologies like AI and equipping them with the knowledge of applying these technologies in everyday life. It is aimed at fostering a growth ecosystem that will positively impact the economy and lives of people in Odisha, the release added.

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