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IANS- The New York Department of Financial Services has opened a probe into allegations of gender discrimination by Apple Card issuer Goldman Sachs while determining credit limits. The investigation into the algorithm used to set credit limits for the Apple Card followed a series of tweets by entrepreneur David Heinemeier Hansson (known as DHH) […]
IANS- The toughest challenge that Indian-born Cisco’s former Chief Technology Officer (CTO) Padmasree Warrior faced was to tell a giant corporation chief executive to scrap an enterprise in which $100-million (Rs 713 crore) was to be invested. “My job was to tell the CEO to abandon an enterprise in which $100 million was to […]
IANS- Adobe’s stock went up after the software major announced robust earnings forecast for its fiscal 2020 that exceeded analysts’ expectations. The total addressable market for Adobe Experience Cloud is expected to increase to $84 billion by 2022, driven by increased demand for data and insights, content and personalisation, commerce, customer journey management and advertising, […]
indica News Bureau- Stealing a march over Facebook, which is in the eye of a storm over its refusal to curb disinformation, half-truths and blatant lies if they are being peddled by politicians, Twitter has decided to ban all political advertising on its platform worldwide. The reach of political messages “should be earned, not […]
IANS- Adobe’s Shantanu Narayen, Mastercard’s Ajay Banga and Microsoft’s Satya Nadella are among the top 10 best-performing chief executives in the world, according to a Harvard Business Review (HBR) list. While Narayen ranks 6th in the list of best-performing 100 CEOs, Banga has been placed at 7th position and Nadella at 9th. NVIDIA CEO Jensen […]
indica News Bureau Several hundred Facebook employees have signed a letter to founder-CEO Mark Zuckerberg and other members of the management team criticizing the company’s decision to let politicians post any claims—even false ones—in ads on the site without any checks. In a strong statement, the employees reminded Zuckerberg, who has been citing the First […]
IANS- For late Oracle co-CEO Mark Vincent Hurd, India was always a promising market and he was always committed to expand Oracle’s footprint in the burgeoning Cloud and software market in the country. Three years back, he acknowledged this was right time for Oracle — that has presence in India for over 25 years — […]
IANS- Twitter has told California Senator and Democrat presidential candidate Kamala Harris that it will not suspend US President Donald Trump’s account. In a letter sent to the Harris presidential campaign, Twitter refused to entertain Harris’ request who asked Twitter to suspend Trump’s account for attacking lawmakers and the whistleblower behind a complaint on his […]
indica News Bureau- L&T Infotech Ltd, a leading information technology (IT) provider from India and part of the Larsen & Toubro engineering conglomerate, has been charged with discrimination in a lawsuit filed in New York by former employees. This adds to the flurry of discrimination complaints being filed against Indian IT companies. Most of […]
IANS- Software major Infosys on Friday reported 2.2 per cent decline in consolidated net profit for the second quarter (Q2) of fiscal 2019-20 to Rs 4,019 crore from Rs 4,110 crore in the same period a year ago. Sequentially, however, net profit rose 5.8 per cent to Rs 4,019 crore from Rs 3,798 crore […]
