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April 19, 2021
Google translation AI botches legal terms enjoin, garnish: Study SECTIONS Last Updated: Apr 19, 2021, 05:07 PM IST Share Reuters A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Translation tools from Alphabet Incs Google and other companies could be contributing to significant misunderstanding of legal terms with conflicting meanings such as "enjoin," according to research due to be presented at an academic workshop on Monda...
April 19, 2021
Well soon meet in your inbox. Please wait... Facebook will also launch a product allowing its users to record brief voice messages and post them in their newsfeeds, and a podcast discovery product that will be connected with Spotify, according to the report, which cited sources. The announcements are expected to be made on Monday but some products will not show up for a while. A Facebook spokeswoman declined to comment. Spotify did not immediately respond to a request for comment on Sunday. ...
April 17, 2021
Well soon meet in your inbox. Please wait... “I personally didn’t see the need for a union,” he said. “If I was being treated differently, I may have voted differently.” Brooks is one of almost 1,800 employees who handed Amazon a runaway victory in the company’s hardest-fought battle to keep unions out of its warehouses. The result — announced last week, with 738 workers voting to form a union — dealt a crushing blow to labor and Democrats when conditions appeared ripe for them ...
April 16, 2021
Wipro clocks its best quarterly results in a decade in Q4 FY21 SECTIONS Last Updated: Apr 16, 2021, 06:54 AM IST Share Synopsis Wipro has forecast 2-4% growth in the quarter to June, setting the base for a double-digit expansion—also likely its first in about 10 years. Agencies Bengaluru: Wipro Ltd. has clocked its best quarterly results in nearly a decade in the March quarter, with profit and revenue rising 27% and 3.4%, respectively, on the back of increased deal wins. The Bengaluru-based I...
April 16, 2021
Licious draws funding interest at post-money valuation of $800 million SECTIONS Share Synopsis Private equity investors Multiples PE, Premji Invest and Goldman Sachs are looking to invest a combined $150-200 million in Licious at a post-money valuation of $800 million. ETtech Founded in 2015 by Vivek Gupta and Abhay Hanjura, Licious has entered the ready-to-eat market after establishing a presence in the fresh meat and seafood segments. (Illustration: Rahul Awasthi/ETtech) Mumbai: Private equit...
April 16, 2021
Interview | Our SDS Solutions Ensure Smooth Digital Transformation: Jaganathan Chelliah, Director – Marketing, India, Western Digital SECTIONS Last Updated: Apr 16, 2021, 09:07 AM IST Share Jaganathan Chelliah, Director – Marketing, India, Western Digital Digital transformation has advanced at a rapid pace in the last few years and so has the storage solutions; for example, software-defined storage (SDS) provides flexible storage foundation and agility organizations need for a smooth digit...
April 16, 2021
Well soon meet in your inbox. Please wait... According to industry insiders, NPCI has in recent weeks seen a massive spike in low-ticket recurring transactions (as low as Re 1) processed by gaming merchants. “These transactions especially spiked during IPL matches, which has led to apprehensions among NPCI and member banks that increased transaction loads could lead to more system outages,” said one of the sources cited above. Instead of UPI, NPCI wants customers and merchants to use stand...
April 16, 2021
The valuation is the same as in January, when New York-based private equity fund Warburg Pincus picked up a significant minority stake in boAt for $100 million.
April 16, 2021
ETtech Deals Digest: Byju’s $1-bn funding, Amazon’s $250-mn India fund SECTIONS Last Updated: Apr 16, 2021, 08:26 PM IST Share Synopsis In this weeks ETtech Deals Digest, India’s biggest edtech startup cannot stop raising funds, and the world’s largest online retailer cannot stop wooing small businesses in India. ETtech (Illustration: Rahul Awasthi/ETtech) In this weeks ETtech Deals Digest, India’s biggest edtech startup cannot stop raising funds, and the world’s largest online reta...
April 15, 2021
Well soon meet in your inbox. Please wait... Instagram exploits youngsters fear of missing out as they constantly check their devices seeking approval and uploading pictures, CCFC said, adding that the platforms continuous focus on appearance and self presentation would be a challenge to adolescents privacy and wellbeing. "While collecting valuable family data and cultivating a new generation of Instagram users may be good for Facebooks bottom line, it will likely increase the use of Instagr...