Economic Times
In FY23, OZiva had posted a net profit of ₹58.3 crore, as it benefitted from a one-time gain of ₹95.5 crore during the year. Its operating revenue
The average pay-out, according to several employees, has dropped to 60% for the final quarter of fiscal 2024. It had announced a variable bonus pay-ou
The IT service business model, which relies on pyramid structure with its base constituting young and less expensive employees, has been shrinking. In
Microsoft President Brad Smith revealed details of a deal with UAE-backed AI firm G42, potentially transferring AI technology components like model we
AWS' Kumara Raghavan discussed the mature Indian startup ecosystem's potential to become the third largest economy, citing labor addition, infrastruct
A report by Cyabra revealed that fake accounts on the X platform are influencing the U.S. presidential election. Cyabra's vice president, Rafi Mendels
A Silicon Valley firm used generative AI in the Sable Spear operation to analyze Chinese fentanyl trafficking data, surpassing human analysis. It pred
Nazara Technologies reported a 43% increase in profit after tax to Rs 17 crore for Q4 FY24. Operating revenue for March fell 8% to Rs 266 crore. FY24
Google's AI-powered search engine now provides instant answers, but errors like fake facts and debunked theories are causing concern. Experts warn of
Meta Platforms offers to limit data use on Facebook Marketplace as per CMA. Competitors can opt out of data use. CMA accepts changes on provisional ba
EU task force criticizes OpenAI's efforts to improve accuracy of ChatGPT output in compliance with data rules.
EU's industry chief calls for new tech regulations for global digital market. Leading in tech regulation with DMA and AI Act. U.S. facing antitrust la
Airlines, hotels, and retailers urge EU tech regulators for fair treatment in Google's compliance with DMA regulations. Concerns raised about revenue
Welcome to another edition of ETtech Unwrapped – our weekend newsletter. This is Pranav Mukul in New Delhi. This week we’ve wrapped up another com
CEO Rajiv Ramaswami told ET in an exclusive interaction on the sidelines of the company's annual .NEXT conference in Barcelona that Nutanix sees its I
The flattening prices underscore the challenges Nvidia's China business faces amid U.S. sanctions on AI chip exports and heightened competition, casti
Johansson's accusation that the ChatGPT-maker copied her performance in the Spike Jonze-directed feature film, after failing to strike an agreement, r
TikTok on Thursday said it was putting restrictions on state-backed media to counter acts of foreign influence on the platform during an important ele
Design software startup Canva considers India as a big market due to the rising smartphone use and booming creator economy in the country. Cofounder &
Prathyusha Agarwal has joined Flipkart as vice president (VP) and head of Shopsy, a spokesperson for the firm confirmed to ET. She was previously the
