Two Chinese internet companies that have emerged as winning companies during the pandemic are adjusting to renewed competition as the country begins to back away from its zero-Covid policy. Food delivery group Meituan and discount shopping app Pinduoduo made a combined profit of Rmb11.8 billion ($1.7 billion) in the three months to the end of …
China’s internet darlings seek growth after zero-Covid Read More »
Venture capitalists are racing to invest in artificial intelligence start-ups as growing hype around “generative AI” fills the void left by failed cryptocurrency and blockchain companies. The recent leap in the development of sophisticated computer programs capable of writing scripts and creating art in seconds has sparked renewed investor interest, creating a rare bright spot …
Investors seek to cash in on game-changing ‘generative AI’ startups Read More »
India’s $194 billion IT and IT sector is at a crucial moment where growth has slowed compared to the past two years when the adoption of the digital has accelerated in the wake of the pandemic. But investing in technology not only drives growth, but also helps reduce costs in tough times. Debjani GhoshPresident, Nasscom …
“Tech companies will continue to seek talent with digital skills” Read More »
Cloud technology developments and adoption will be influenced by growing economic uncertainty, the shift to cloud-native architectures, and the demand for hyperscalers for greater vendor efficiency and security. These were among the findings of Forrester Research’s 2023 cloud forecast report, which predicted that organizations would accelerate their investments in Kubernetes as the distributed computing backbone …
Cloud-native goes mainstream as CFOs seek to monitor costs Read More »
