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business

Trump's Tariff Threats Target Apple's Mac Pro

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

US President Donald Trump has threatened to slap Apple with tariffs on the components of its high-end Mac Pro computer, the most expensive of the company’s products, if it finally decides to shift production from the US to China.

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.

IBM and Red Hap acquisition

red-hat-bets-big-on-india-after-34-billion-acquisition-by-ibm

After the International Business Machines Corp. (IBM) completed the acquisition of Red Hat for $34 billion earlier this month, a top executive from the iconic software company with an open-source development model has said that it was a “match made in heaven” that will help it accelerate growth globally, including in India. In India, Red Hat, which specializes in Linux operating systems, has engineering facilities in Pune and Bengaluru.

Security Researcher Laxman Muthiyah

Indian won $30,000 by spotting flaw in Instagram

Chennai-based security researcher Laxman Muthiyah has won $30,000 as a part of a bug bounty programme after he spotted a flaw in Facebook-owned photo-sharing app Instagram.

T-Hub and Facebook selected ten startups for India Innovation Accelerator Program

T-Hub and Facebook pick 10 AI based startups for ‘India Innovation Accelerator’ program

Facebook and T-Hub, a Telangana government’s incubator for startups, July 17 announced the list of ten selected startups for the second edition of their programme “India Innovation Accelerator.”