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business

Cisco's focus on software and services

“Partnerships key to success in digital world” says Cisco India head as they invest $1.7 billion this year

Creating a new business model, finding the right partners and getting the last mile connectivity are key pillars of success for businesses in this world which is increasingly getting digitized, a top Cisco executive has said.

Cisco's focus on software and services

Huawei’s Revenue Jumps 23.2 Percent in First Half of 2019 Despite of being banned in the US

Cisco's focus on software and services

Will it work between Huawei and Micromax? Huawei forges ties with Micromax to enter the Indian market

Cisco's focus on software and services

Trump warns APPLE, either to manufacture in US or face tariffs

Intel Q2 2019 earnings

Even though Intel’s Data Center Business has declined, it made profits of $4.2 billion

Chip-maker Intel registered $16.5 billion in net sales for the second quarter (Q2) of 2019 $900 million higher than its April guidance but 3 percent down year-over-year (YoY) with net income of $4.2 billion.

E commerce rule in india hits hard amazon and flipkart

After Months of Uncertainty, ‘Amazon’ now Optimistic of Stable E-Commerce Policy in India

The changes in e-commerce rules from the Indian government hurt Amazon and Flipkart badly and was driven by a call to protect India’s burgeoning seller class, as well as smaller e-commerce players who cannot match the deep pockets of India’s two biggest online shopping platforms. The focus in the e-commerce sector these days is around deep discounting and predatory pricing, along with an odd case of counterfeit products, but with all the attention around data and policy, the e-commerce business has definitely been hit by the government rules.

Tesla reports record car deliveries but faces net loss in Q2

Tesla faces $408mn as net loss, Despite record car production n Q2

Despite delivering a record 95,200 cars in the second quarter (Q2) of 2019, Elon Musk-led electric car maker Tesla reported a net loss of $408 million for the quarter that ended June 30. Tesla reported revenue of $6.3 billion — a significant improvement from Q2 last year when it reported revenue of $4 billion. The company also announced it’s Chief Technology Officer J.B. Straubel is leaving Tesla.

Facebook's privacy violation settlement

Facebook penalized for privacy violation

The US Federal Trade Commission (FTC) approved a settlement involving about $5 billion with Facebook over its probe into the tech giant’s privacy violations, a media report said on Friday.

tech giants as top spenders on lobbying

Amazon & Facebook claim to be top spenders on lobbying as regulators act

As US government regulators act tough on tech giants over privacy violations and anti-trust activities, Amazon and Facebook spent the maximum in lobbying – around $4 million each – in the second quarter (Q2) this year.

Happiest Minds Digital transformation with IBM Cloud

the company ‘Happiest Minds’ is leveraging Cloud to help firms modernize content

First things first. Before you conjure up irrelevant perceptions around the name, Happiest Minds is no charity or a medical company. It is a Bengaluru-based IT services firm founded by former Mindtree Chairman Ashok Soota. Started about eight years ago with the aim of putting “people” at the center of everything and creating a happy atmosphere for its clients, Happiest Minds reported record profitability in the 2019 financial year with organic growth of 16 percent and the company gives some of the credit for its rise to IBM Cloud. In its digital business services, IBM Cloud has powered the company’s Digital mCaaS (managed content as a service) platform through which it launched a new software-as-a-service (SaaS) business product for its clients globally.

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