Cognizant

AI roundup: While multiple sectors have been integrating AI into their products, a new study highlights that generative AI has the potential to revamp the healthcare sector in India. It is predicted to improve efficiency in how doctors provide treatment. In other news, the UN General Assembly encourages the safe use of AI which will also benefit sustainable development. Know about more such AI news today.  UN backs the safe development and use of AI UN General Assembly today adopted a resolution backed by India to…

For the past year, contractors associated with Google’s YouTube Music Content Operations Team have been attempting to collectively bargain with the tech giant. Those workers won the right to unionize last April in a historic victory and, since that time, have been trying to get Google to come to the bargaining table. On Friday, amidst yet another effort to spur negotiations, Google simply laid off many of the workers associated with those efforts.No Google AI Search, I Don’t Need to Learn About the “Benefits of Slavery”…

The Indian economy is poised for better prospects in the coming years as it leverages technologies like artificial intelligence and becomes a beacon for the world amid a tough geopolitical scenario, a panel consisting of Bill Winters, chief executive officer, Standard Chartered Bank, Ravi Kumar S, CEO, Cognizant, Jenny Johnson, president and CEO, Franklin Templeton and Rizwan Sajan, founder and chairman of Danube Group said Friday.Speaking at a panel discussion on ‘Fissures, Faultlines and Future – In Search of an…

US-based Cognizant Technology Solutions posted a 1.7% year-on-year fall in revenue to $4.76 billion for the fourth quarter ending December, a likely eight-quarter low.However, its net profit increased by over 7% to $558 million YoY for the October to December quarter from $521 million a year-ago period.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB…

In a senior level appointment, Chyrscapital-backed consulting and IT services provider Xoriant has hired former LTIMindtree executive Mukund Rao as president for global markets, ET has learnt.Based in the US, Rao was the chief business officer of the banking, financial services and insurance (BFSI) vertical at LTIMindtree (with Mindtree before the merger with L&T Infotech) for over four years.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For…

AI roundup: Artificial intelligence (AI) has been a hot topic for 2024 with companies unveiling new investments and innovations in the field. In a recent announcement, Vodafone and Microsoft signed a 10-year partnership to improve customer experience; the World Economic Forum 2024 is shedding new light on the future of AI. Check what's happening in the world of AI.Cognizant introduced generative AI-powered Innovation Assistant, in collaboration with MicrosoftTaking a step ahead with technology, Cognizant has announced an…

Indian IT major Wipro's case against its former chief financial officer (CFO) Jatin Dalal has been referred to arbitration, to be heard outside court proceedings as per an order by Bengaluru civil court's additional city civil and sessions judge Doddegowda K.On January 3, the judge directed both parties, Wipro and Dalal, to resolve the case under section 8 of the Arbitration Conciliation Act, 1996. The official order will be uploaded in the next week.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Senior C-suite executives moving to rival companies is common. As are non-compete clauses as part of employment contracts by employers while making top management employee appointments. Yet lawsuits against employees for contract violations are not a frequent phenomenon in India.What happened?Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIndian School of BusinessISB Product ManagementVisitIIM KozhikodeIIMK…

According to tracking site Layoffs.fyi, more than 1,150 tech companies fired over 260,000 people in 2023. A combination of factors such as central banks hiking interest rates to counter inflation, macroeconomic headwinds forcing tech clients to cut spending, continuous geopolitical uncertainties, and a prolonged funding winter forced startups and tech firms to recalibrate their strategies.With 2023 drawing to a close, ETtech looks at startups and tech companies, global and domestic, which laid off employees as they cut…

IT major Wipro has claimed damages of Rs 25.15 crore along with an annual interest payout at the rate of 18% per annum from September 29 from its former chief financial officer (CFO) Jatin Dalal, who the company says has violated the non-compete clause in his employment contract, according to a lawsuit filed in November.As part of the non-compete agreement, one of the clauses barred Dalal from joining any other rival company for a period of 12 months from the date of his resignation. After a stint of 21 years at Wipro,…