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Google Cloud Launches SecOps Region in Mumbai to Boost Data Residency for Indian Enterprises

Google Cloud is improving data residency and compliance for Indian organisations by launching a new Security Operations SecOps area in Mumbai, India.

Google Cloud is improving data residency and compliance for Indian organisations by launching a new Security Operations SecOps area in Mumbai, India. Thanks to this effort, organisations may now manage security and regulatory requirements by storing SecOps data locally. The platform with AI capabilities decreases the need for human operations, enhances threat detection, and offers remediation options. The Investigation Assistant and Applied Threat Intelligence, which use AI to improve security operations, are essential. Google is now offering cuttingedge security solutions thanks to partnerships with Netenrich and PwC India. This action strengthens Googles dedication to data security and operational excellence while assisting businesses in the public and commercial sectors to navigate sophisticated cyber threats better. Read More..

B2B Tech News | 2 months ago          

Arm Holdings Shares Drop 7% After Revenue Forecast Misses Expectations

Arm Holdings shares tumbled almost 7% in extended trade after the companys fullyear sales projection fell short of market expectations. Arm projected

Arm Holdings shares tumbled almost 7% in extended trade after the companys fullyear sales projection fell short of market expectations. Arm projected sales for the first quarter of the current fiscal year at $875 million to $925 million, with a median of $900 million. In contrast, the average analyst estimate for the same period was $857.5 million. Arm also projects sales for the entire year that will fall short of the consensus forecast of $3.99 billion, coming in between $3.8 billion and $4.1 billion, with a median of $3.95 billion. The corporation released a set of guidelines, citing the challenge of scheduling licencing arrangements. Arms revenue increased 47% in the fourth quarter to $928 million, driven by a 37% increase in the royalties section and a 60% growth in the licencing division. Even with wagers on Arms perspective in AI computing, its earnings and profit have seen a different level of benefit than Nvidia, reflected in their respective share prices. Read More..

B2B Tech News | 2 months ago          

TCS CEO K Krithivasans Compensation at Rs 25.36 Crore in FY2324, Lowest Among Major IT Firms

K Krithivasan, the CEO and MD of Tata Consultancy Services TCS, earned the lowest yearly salary of major IT businesses in the fiscal year 2023–2024,

K Krithivasan, the CEO and MD of Tata Consultancy Services TCS, earned the lowest yearly salary of major IT businesses in the fiscal year 2023–2024, at Rs 25.36 crore. A Rs 21 crore commission was part of his deal. Salil Parekh, the CEO of Infosys, made around Rs 56 crore last fiscal year, while Srinivas Pallia, the CEO of Wipro, took home about Rs 50 crore. Despite receiving less money, Krithivasan is concentrated on using Generative Artificial Intelligence Gen AI at TCS. The startup wants to help customers use AI to operate more productively, perform better, and bring about change. Cost reduction, cloud transformation, and vendor consolidation dominated the corporate landscape in FY24, with cloud adoption emerging as a driver of innovation and expansion. Read More..

B2B Tech News | 2 months ago          

Paytm Partners with Epay for Seamless Bill Payment Services Amid Regulatory Changes

To maintain its bill payment services via its app, Paytm has partnered with Epay, the digital payment division of Euronet Worldwide. Paytm used to rel

To maintain its bill payment services via its app, Paytm has partnered with Epay, the digital payment division of Euronet Worldwide. Paytm used to rely on Paytm Payment Bank Limited PPBL, an affiliate company, to provide these services. Per an RBI decision, PPBL was prohibited from providing banking services after February 29, 2024. Later, the deadline was moved to March 15. The RBImandated Bharat Bill Payment System BBPS allows different bill payments via several methods. Epay intervened and used its infrastructure, network connections, and licences to help Paytm resolve this regulatory issue. Prepaid cell airtime, bill payments, Google Play credit, and satellite TV recharges are all part of the cooperation growth. Euronet Worldwide has been offering various payment and transaction processing solutions in India through its subsidiary for over a decade. Read More..

B2B Tech News | 2 months ago          

JPMorgans Australian Arm Fined for Allowing Suspicious Trades in Wheat Futures

The Australian Securities and Investments Commission ASIC has fined J.P. Morgan Securities, the Australian division of JPMorgan, A$775,000 $509,252.50

The Australian Securities and Investments Commission ASIC has fined J.P. Morgan Securities, the Australian division of JPMorgan, A$775,000 $509,252.50 for permitting suspicious customer orders in wheat futures trading that were intended to manipulate the market. The regulator criticised the lack of fast action when detected and labelled the inability to identify these trades as "careless". The management of wheat price variations by farmers, which affects consumer pricing, depends heavily on these futures contracts. JPMorgan paid the fine and did not contest the accusations. Thirtysix orders that ASIC discovered were intended to manipulate the market and affect daily settlement prices between January and March 2022. Sarah Court, deputy chair of ASIC, stressed the practical ramifications and ASICs top priority when combating market manipulation. Read More..

B2B Tech News | 2 months ago          

Disney and Warner Bros Discovery to Offer Streaming Bundle with Disney+, Hulu, and Max

This summer in the US, Walt Disney DIS.N and Warner Bros Discovery WBD.O will launch a streaming service bundle that includes Disney+, Hulu, and Max.

This summer in the US, Walt Disney DIS.N and Warner Bros Discovery WBD.O will launch a streaming service bundle that includes Disney+, Hulu, and Max. Customers may select between adsupported and adfree subscriptions when registering on any of the three websites, making paying more accessible with a single bill. With numerous streaming subscriptions, customers are shifting away from traditional cable bundles, and this move seeks to accommodate their needs. Although the bundles price is unknown, it may be less expensive than purchasing individual memberships. Disneys liveaction and animated features, content from Marvel, Star Wars, and Pixar, and TV shows from FX, ABC, HBO, HGTV, and the Discovery Channel are all included in the bundles. Read More..

B2B Tech News | 2 months ago          

Google DeepMind Unveils AlphaFold 3 Revolutionizing Molecular Biology and Drug Discovery

The most recent iteration of Google DeepMinds AlphaFold AI model, a molecular biology innovation intended to facilitate disease targeting and medicati

The most recent iteration of Google DeepMinds AlphaFold AI model, a molecular biology innovation intended to facilitate disease targeting and medication discovery, was released. Expanding upon its breakthrough in 2020 protein behaviour prediction, AlphaFold 3 now maps the behaviour of all molecules in life, including human DNA. Drug development depends on this knowledge because it makes it easier to forecast how molecules will interact, which cuts down on the time and expense of treatment development. The AlphaFold server is part of the release, enabling scientists to test theories quickly. DeepMinds John Jumper emphasised how its intuitive interface makes complex experiments easier for biologists. The University of Birminghams Dr Nicole Wheeler lauded AlphaFold 3 for its ability to speed up drug discovery and remove a significant biotechnology bottleneck. Read More..

B2B Tech News | 2 months ago          

Setu Unveils Sesame Indias First Large Language Model for BFSI Sector

The first Large Language Model LLM in India explicitly designed for the BFSI industry is Sesame, and the wellknown fintech business Setu unveiled it.

The first Large Language Model LLM in India explicitly designed for the BFSI industry is Sesame, and the wellknown fintech business Setu unveiled it. Unveiled at the Adbhut India event, Sesame represents a significant turning point in the financial services industry. It was developed in partnership with the Indian AI research group Sarvam AI. Sesame seeks to improve loan monitoring, fraud detection, credit underwriting, and personal finance advice by utilizing Indias solid digital infrastructure. Sesame has been trained on unique data pertinent to the BFSI industry in India and provides domainspecific insights. Using internal and external financial data compliantly, Setu aims to provide hyperpersonalized financial services and better credit judgements to BFSI consumers. This programme demonstrates Indias expertise in applied artificial intelligence and aligns with Setus goal to democratize financial services. Read More..

B2B Tech News | 2 months ago          



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