Enterprise-services
Telecom News : ETTelecom.com
- Accenture to cut 19,000 jobs, trims forecasts March 23, 2023IT services firm Accenture Plc on Thursday said it would cut about 19,000 jobs and lowered its annual revenue and profit projections as mass firings at top tech companies continue worldwide. "Streamlining operations expected to result in the departure of approximately 19,000 people over the next 18 months. Expect over half of the departures will […]
- Gopinathan in line for advisory role in TCS or group company: Sources March 21, 2023Advisory roles both at TCS and at Group level are up for discussions, added the person. TCS, India’s largest software exporter, did not respond to queries as it is in the silent period.
- Double whammy for IT sector as global banking crisis further clouds earnings outlook March 21, 2023The US and Europe are the two biggest markets for the software industry, and the banking and financial services sector is the biggest vertical for the top IT companies in India.
- Wipro cuts 120 jobs in US, terms it “isolated incident” March 19, 2023More than 100 of the impacted employees are said to be processing agents. The rest are team leaders and a team manager.
- Microsoft offers EU remedies seeking OK on Activision deal March 17, 2023The EU competition enforcer, which did not provide details in line with its policy, will now seek feedback from rivals and customers before making its decision by May 22.
Devices
Telecom News : ETTelecom.com
- Huawei touts camera on latest premium smartphone without 5G March 23, 2023Huawei also launched the more premium P60 Pro and foldable Mate X3, with prices starting at 6,988 yuan and 12,999 yuan respectively.
- Madhav Sheth steps down as RealMe India head March 23, 2023It’s not immediately clear if Sheth has left the company. Sheth’s replacement is also not yet known.
- Walmart talks to Indian cos to source white label gadgets March 23, 2023Walmart, which owns majority stakes in Flipkart and PhonePe, is looking to source a wide range of products such as cables, chargers, screen protectors, home appliances, hearables, wearables, tablets, laptops, and lighting.
- Oppo Mobiles India's finance manager held for ITC fraud of Rs 19 crore March 23, 2023Manager of Finance and Accounts division of Oppo Mobiles India Private Limited, Mahendra Kumar Rawat, was arrested in Bhiwandi town and later produced in a local court, which remanded him in judicial custody till April 3, the CGST Bhiwandi Commissionerate said in statement. Based on material evidence gathered during the investigation, he was arrested under […]
- Noise launches ColorFit Icon 2 Vista smartwatch with Bluetooth calling at offer price of Rs 2,499 March 22, 2023The smartwatch is available for purchase on Flipkart, Myntra, and Gonoise website.
Enterprise-IT
Telecom News : ETTelecom.com
- Chinese hackers exploit zero-day vulnerabilities in networking devices January 22, 2023A suspected China-nexus threat actor exploited a recently patched vulnerability in Fortinet FortiOS SSL-VPN as a zero-day attack targeting a European government entity and a managed service provider (MSP) located in Africa.
- IT solutions firm Rashi Peripherals files Rs 750-cr IPO papers with Sebi January 20, 2023Of the IPO proceeds, funds worth Rs 400 crore will be utilised for payment of debt and Rs 200 crore for funding working capital requirements and general corporate purposes.
- Cloudflare puts up detailed blog about outage that hit several websites briefly June 21, 2022"Today ... Cloudflare suffered an outage that affected traffic in 19 of our data centres. Unfortunately, these 19 locations handle a significant proportion of our global traffic. This outage was caused by a change that was part of a long-running project to increase resilience in our busiest locations," Cloudflare said in a blog post later.
- Ukraine's key IT sector booming despite Russian invasion May 14, 2022When Russian bombing started, IT companies shut offices in the capital Kyiv and eastern city of Kharkiv and engineers found refuge in western Ukraine or Poland next door.
- Cloud services spending rises 34% to $55.9 bln in Q1: Canalys April 29, 2022The research firm said the top three cloud service providers — Amazon Web Services (AWS), Microsoft Azure and Google Cloud — have benefited from increased adoption and scale, collectively growing 42% year-on-year and accounting for 62% of global customer spend.