Category: Technology
l&t technology services: LTTS to pay $9.9 million for US Visa fraud allegations
[ad_1] Larsen & Toubro Technology Services, LTD (LTTS), will pay $9.9 million to settle claims of underpayment of visa fees in the US, said a statement by the South Carolina District US Attorney’s office on Monday. LTTS has agreed to pay $9,928,000 to resolve allegations that between 2014 and 2019, the company underpaid visa fees ...
apple mumbai retail store: Apple’s first retail store in Mumbai to open on April 18, followed by Delhi launch on April 20
[ad_1] Apple on Tuesday announced that its first-ever retail store in India will open on April 18 at the Jio World Drive mall in Mumbai. A second one, at the Select Citywalk mall in Saket, Delhi, will be launched on April 20. “These new retail locations mark a significant expansion in India that will offer ...
Zerodha’s Nithin Kamath on profits, market volatility & correction; venture funding gains momentum in generative AI sector
[ad_1] India’s largest stock broker Zerodha’s founder & CEO Nithin Kamath expects the firm’s revenue and profits to expand by one-fifth in the year ended March 31, 2023. But if recessionary trends and market volatility, triggered by geopolitical instability continue, the company’s revenue could fall 40% by the end of FY24, Kamath told ET. This ...
tcs: TCS iON wins Oxford admissions test mandate
[ad_1] TCS iON, the learning and assessments focused strategic unit of Tata Consultancy Services (TCS), has been selected by Oxford University to deliver a share of the university’s admissions tests from 2023 onwards, the university said in a statement. This will replace Cambridge Admissions Assessment Testing (CAAT), which will continue to deliver the TSA (social ...
cognizants: Cognizant’s chief people officer Becky Schmitt quits
[ad_1] IT company Cognizant’s Chief People Officer Rebecca (Becky) Schmitt has stepped down from her role to pursue external opportunities. She will leave the organisation on May 5. Chief executive S Ravi Kumar had announced her departure to employees through an internal mail. Kumar said the NASDAQ-listed firm is looking at both internal and external ...
18% GST on online games of skill, 28% on games of chance; Apple Store in Mumbai to be a no-go zone
[ad_1] Online games based on chance, such as betting, casinos, and horse racing, are likely to be charged a Goods and Services Tax (GST) rate of 28%, according to a recommendation by the Group of Ministers (GoM) tasked with reviewing GST on online gaming. This and more in today’s ETtech Top 5. Also in this ...
careem super app: Uber’s Middle East subsidiary Careem offloads 50.3% stake in super app to Emirates Telecom
[ad_1] A super app managed by Uber Technologies’ Middle East subsidiary Careem has offloaded a 50.3% stake to Emirates Telecommunications Group Company for $400 million, e& said in a filing on Monday. The super app will be managed by Careem founders Mudassir Sheikha and Magnus Olsson, said the company, formerly known as Etisalat Group and ...
seoul halloween tragedy: Seoul Halloween tragedy: online abuse, hatred and bullying compound grief of victims’ families
[ad_1] First, he lost his child in Seoul’s Halloween crowd crush. Then came a torrent of online abuse, upending his family’s once-private life and making him an internet-wide figure of mockery. In October, Lee Jong-chul‘s 24-year-old son was among more than 150 people killed in the disaster in the city’s popular Itaewon district. Grief-stricken, he ...
ubereats: $388 in Sushi and a $20 tip: the brutal math of UberEats
[ad_1] Brantley Bush couldn’t shake the fear that he was about to be ripped off. It was a chilly Saturday evening, and Bush, a delivery driver for Uber Eats, was waiting in an alley next to a dumpster in the Pacific Palisades neighborhood – a decidedly unpretentious spot in the middle of an affluent enclave ...
chatgpt: OpenAI’s ChatGPT is a product, not AI research: Meta chief AI scientist
[ad_1] Meta chief AI scientist Yann LeCun has said that OpenAI‘s ChatGPT represents a product, not actual research and development in the field of artificial intelligence (AI). According to him, OpenAI has not made any actual scientific breakthroughs and ChatGPT is ‘not particularly innovative’. “When we’re talking about GPT-4, or whatever OpenAI puts out at ...