Tuesday, 25 February 2020

Domestic phone-maker Lava to raise $90 million from US fund, to invest in R&D

GEM group will make the investment over the next 36 months for through a 'Share Subscription Facility' which will allow the company to sell American depositary receipts to the US fund house in exchange for drawing down available funds, Lava said in a statement.

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Developers need to be responsible, should focus on trust, inclusivity: Nadella

The India-born top executive also highlighted that developers should work with diverse teams, so that "unconscious biases" do not creep into the models used for developing AI. According to Microsoft, there are about 4.2 million developers in India and the country is poised to become the numero uno destination for such talent in the coming years.

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IBM, NASSCOM make 2500-plus students employment-ready

This Corporate Social Responsibility intervention by IBM engaged students through an on-campus approach in a 204 hour- long blended training model that uses online and face-face training immersions to build skills in data science and cloud computing. Students from 23 Tier-2 and Tier-3 non-technical institutions were trained by training partners TMI and iPrimed, the statement said.

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Vivo's iQoo 3 5G-ready phone launched in India. Check price, specification here

This 5G-ready smartphone comes in three different models. There are also three different colours to choose from. The iQoo 3, which looks superb on paper, is priced Rs 36,999 onwards and will be available from Flipkart as well as from the company's website from March 4. Read on to know more about its specifications.

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Monday, 24 February 2020

Everstone looks to sell Singapore IT firm Everise, pegs stake at $300 m

Everstone, which manages assets in excess of $5 billion, had partnered with Sunrise BPO in 2016 to launch Everise and expanded the business through multiple buyouts. Everise has a revenue of $230 million with an EBIDTA of $30 million for FY20.

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Jio-Microsoft partnership will define this decade: Mukesh Ambani

Jio had earlier last year signed a long-term alliance with Microsoft for the launch of new cloud data centres. Under the deal, Microsoft will bring in the Azure Cloud on the Jio Network targeting the enterprise and small business users who want to make a shift to a cloud technology infrastructure.

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In Mumbai, Microsoft boss Nadella trumpets cloud tie-up with India's Reliance

"We've been working with Reliance across the entire stack - everything from what they are going to be doing with Azure in their own data centres and how they will extend it... It's sort of a great example of a business leader and a company which is in very diverse sectors to take a platform approach, to use technology to create more technology," said India-born Nadella at the event in Mumbai.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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