Digital payments and commerce firm Paytm has acquired Delhi-based consumer behaviour prediction platform Shifu in an $8-million (Rs 53-crore) deal. Shifu is expected to enhance consumer experiences on the Paytm platform. “Shifu’s data and tools to predict consumer preferences and behaviour are very useful for a company like ours. We can serve a consumer in a more personalized and intimate […]
» Read moreWipro has appointed TK Kurien as the executive vice chairman and Abidali Z Neemuchwala as the chief executive officer and member of the board of the company. Both these appointments are effective February 1. Kurien, who turns 58 next year, will complete his five-year tenure as CEO in January. Kurien has restructured Wipro and made major efforts to energize it, […]
» Read moreChennai-headquartered ICT solutions provider Sify Technologies on Saturday announced that it will set up its largest global delivery centre (GDC) in partnership with Japanese ICT major Fujitsu Limited in the city. The company has acquired 1.5 acres in the Financial District and will be pumping in $20 million in the first phase of the project, Sify Technologies chief executive officer […]
» Read moreToshiba Corp is looking to cut up to 7,000 jobs, as it looks to streamline operations in the wake of an accounting scandal, the Nikkei business daily reported. Most of the 6,000-7,000 job cuts will be in the company’s lifestyle segment, which includes consumer appliances, the newspaper said. Toshiba is also looking to “drastically” reduce operations at its Ome factory, Tokyo, […]
» Read moreMicrosoft increasingly has an emoji problem as the company’s Windows 10 operating system lacks the latest set of characters. Emoji are, essentially, a special type of digital text. The characters are set out by an organisation called the Unicode Consortium, and are subsequently adopted by a variety of software companies — including Apple, Microsoft, Google, Twitter, and others. But Microsoft […]
» Read moreIT major Infosys has invested USD 3 million in U.S.-based wearable device startup firm WHOOP to pick up a minority shareholding in the company. In a regulatory filing, Infosys said it “has made an investment of USD 3 million (about Rs 20 crore) in WHOOP, an early stage company offering performance optimisation system for elite professional sports teams.” Infosys said […]
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