IT indistry is not going for big job cuts: Government

The government today said IT industry has assured it that there will be no large scale job losses in the technology sector which continues to demonstrate 8-9 per cent growth. IT Secretary Aruna Sundararajan said there could be some cases were contracts are not renewed as part of the regular annual appraisal cycle. Besides, she said, the industry is also […]

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France fines Facebook for 150,000 euros for data protection breaches

France’s data protection agency said Tuesday it had fined Facebook for collecting information on users without their knowledge, following a probe of the social network in cooperation with other European regulators. The CNIL agency said it had slapped a penalty of 150,000 euros ($160,000) on Facebook Inc and Facebook Ireland, for “several breaches of the French Data Protection Act”, the […]

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Layoffs in IT sector to continue for 2 more years, manual testing, tech support jobs to go

Indian software exporters in particular are facing headwinds in the business environment and stricter work permit regime in countries like the US, Singapore, Australia and New Zealand. Moreover, with newer technologies in artificial intelligence (AI), robotic process automation and cloud computing, which help complete the job with less manpower, software companies are now having to reconsider their strategies. “It’s a […]

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BSE Selects IBM to Build and Manage New Security Operations Center

Mumbai, India – 11 May 2017: IBM (NYSE: IBM) today announced that BSE (formerly known as the Bombay Stock Exchange Ltd), the oldest stock exchange in Asia and now the fastest exchange in world, has selected IBM Security to design, build and manage a cyber Security Operations Center to safeguard the company’s assets and protect stakeholder data. Under the five-year […]

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