Business
Thomson Reuters Pours $100 Million into Generative AI, Unleashing New Era for Professionals
UNITED STATES: Thomson Reuters Corp., a global leader in information services, has announced a game-changing initiative to invest over US$100 million annually in generative artificial intelligence (AI). The company is poised to revolutionize the professional landscape by integrating cutting-edge AI capabilities into its suite of products. One such advancement is set to debut on November 15 […]
Threads Software Gives Meta 30 Days to Rebrand Social Platform Amid Trademark Dispute
UNITED KINGDOM: Threads Software Limited, a U.K.-based company, has issued a 30-day ultimatum to Meta, demanding that the tech giant cease using the name ‘Threads’ for its latest social media venture in the United Kingdom. The software company asserts that it secured the trademark for ‘Threads,’ referred to as an “intelligent message hub,” back in 2012 […]
Vodafone Will Struggle to Get Clean Exit in Spain
UNITED KINGDOM: Vodafone’s CEO, Margherita Della Valle, faces the challenging task of streamlining the £21 billion telecom group, but it’s a tough task. A potentially chaotic departure in Spain illustrates the point. Della Valle lacks an obvious partner in the nation: the local giant Telefónica is too large, while rivals Orange and MásMóvil are combining with […]
Microsoft Takes a Stance: Blocks Unauthorised Accessories for Xbox Consoles
UNITED STATES: In a move to uphold quality and security standards, Microsoft has announced the blocking of unauthorised accessories for Xbox consoles, leaving third-party manufacturers scrambling for solutions. Microsoft has recently confirmed its decision to prevent the use of unauthorised accessories with Xbox consoles, citing concerns about compromised gaming experiences. The company emphasized that licensed […]
Ericsson to Establish 6G Research and Development Centre in Chennai, Partners with Indian Institutes
INDIA: Ericsson, the Swedish telecom equipment manufacturer, has announced the establishment of a dedicated 6G research and development centre in Chennai. This strategic initiative signifies Ericsson’s commitment to pushing the boundaries of next-generation wireless technology and further solidifies India’s place on the global technology map. The announcement came during the India Mobile Congress 2023, where […]
Abridge Secures $30M in Series B Funding to Revolutionize Medical Documentation with AI
UNITED STATES: Abridge, a pioneer in the development of artificial intelligence (AI) solutions for medical documentation, has successfully secured $30 million in a Series B funding round, aimed at accelerating the widespread adoption of its cutting-edge technology. The funding round was spearheaded by Spark Capital and saw participation from existing investor Bessemer Venture Partners, as well […]
Cognizant Boosts ServiceNow Dominance with Thirdera Acquisition
UNITED STATES: In a groundbreaking development, global technology and consulting giant Cognizant (NASDAQ: CTSH) has announced its intent to acquire Thirdera, an Elite ServiceNow Partner based in Broomfield, CO. The move is poised to solidify Cognizant’s position as one of the world’s largest and most credentialed ServiceNow partners, with the acquisition expected to add over […]
Benozeer Khan: Crafting Dreams into Fashion Reality with Kamphire
INDIA: In the dynamic landscape of contemporary fashion, where the intersection of authenticity, style, and affordability is crucial, Kamphire Fashion Pvt Ltd has emerged as a formidable player. Launched in 2021, this Kolkata-based fast fashion brand, led by the visionary Benozeer Khan, is carving its niche by catering to the diverse and dynamic needs of […]
Pablo Vidarte: The Spanish Entrepreneur Revolutionizing Biotechnological Cities
SPAIN: At the age of 25, Pablo Vidarte, a Sevillian businessman and inventor, has emerged as a trailblazer in the field of sustainable technology. Serving as the CEO of the Bioo project, which harnesses electricity from plants and microorganisms, and also holding the position of president at Arkyne Technologies, Vidarte has garnered international recognition with […]
The Entrepreneurial Path: Kalpit Veerwal’s Decision to Forge His Own Destiny
INDIA: The Joint Entrance Examination (JEE) Top Scorer Kalpit Veerwal, a Udaipur native and son of a nurse, opted to launch his startup, AcadBoost, post-graduation from IIT Bombay. Today, he aids over 200K students in their JEE exam preparation. Reflecting on a pivotal moment before the JEE Mains exam, where nerves were high, Veerwal sought […]