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IBM enhances Salesforce capabilities with acquisition of 7Summits
IBM has taken over 7Summits, a Salesforce consultancy provider, in order to improve the firm's Salesforce, cloud, and AI capabilities. The financial terms of the deal remain undisclosed....
Nexus Mutual boosts its decentralized ‘Insurance’ to Centralized Exchanges
Nexus Mutual is extending its community-based offering to cover users of well-established cryptocurrency exchanges such as Coinbase, Binance, Kraken and Gemini....
Signal records a growth in downloads in India, Whatsapp faces burns
WhatsApp’s changed terms and conditions and revealed new privacy policy has shifted its user base to instant messaging apps Signal and ...
Ubiquiti alerts customers about potential data breach
To change their passwords, customers should visit the web portal indipendently, log in, go to Settings and select the Security tab...
Apple pumps out $64 bn revenue from App Store
Apple through its App Store in 2020 reportedly made a total of USD 64 billion in revenue showing 28% increase from an estimated USD 50 billion that the tech giant generated...
Tata Sons surpasses central government as largest promoter of listed companies
In the 2020, Tata Sons surpassed the government of India as the largest promoter with maximum listed companies. It is for the first time in nearly 20 years that the central government is not the largest promoter of public companies, according to a report....
Can AI to be used to speak with deceased relatives?
According to news reports, a new artificial intelligence tool would allow people to “take part” in conversations with a person after they have passed away is in development, with Microsoft issuing a patent for the technology...
Samsung chairs Sangho Jo as President & CEO of Southeast Asia & Oceania region
Samsung Electronics has chaired Sangho Jo as President and CEO of Southeast Asia & Oceania. Jo has an experience of over three decades across business groups and geographies. As per the company, he will lead the strategic growth directions of Samsung Electronics in Southeast Asia & Oceania....
IBM ropes in Martin Schroeter to head its new independent company
IBM Corp has appointed former Financial Chief Martin Schroeter to lead the independent company, NewCo that will be created after the separation of IBM’s Managed Infrastructure Services business. He will be the CEO of the new firm which will be effective from January 15....
Power Finance Corp. plans to sell bonds worth $1.4 billion
Power Finance Corp., India’s major lender to the power sector, is planning to sell bonds to individual investors as it tries to attract savers dissatisfied with deposit rates at a 16-year low. ...