Tag: services
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Google fined €890m by EU for favouring its own apps over rivals
It is the first major enforcement action against the tech giant under the EU’s new digital rules.
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Roaming charges scrapped and faster airport checks in UK-Switzerland deal
The UK signs a new services deal with Switzerland it says will increase exports by £5.2bn annually “in the long run”.
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India’s HCLTech results beat on financial services boost; enters data center business
BENGALURU, July 13 : HCLTech, India’s third-largest software services exporter, beat profit and revenue expectations for the first quarter on Monday, buoyed by strength in its financial services and a weak rupee.The company also retained its annual revenue forecast while announcing a foray into the data cente
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India’s HCLTech beats first-quarter revenue estimates on financial services strength
BENGALURU, July 13 : Indian software services exporter HCLTech beat analysts’ expectations for first-quarter revenue on Monday, buoyed by strength in its financial services, technology and retail segments.The country’s third-largest IT services firm posted a 13.94 per cent year-on-year rise in consolidated re
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India’s Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitions
BENGALURU, July 12 : Tata Consultancy Services is building a team of up to 8,900 forward-deployed engineers and hunting for AI acquisitions as it bets artificial intelligence will create new business rather than undermine outsourcing, two TCS executives told Reuters.The strategy emerges amid investor concern
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Special delivery: Italy’s postman joins the AI infrastructure race
MILAN, July 10 : Italy has picked an unlikely champion to develop its technology infrastructure and protect digital sovereignty: its national postman.Poste Italiane, the postal service which pays out pensions through 12,600 post offices that are as much a feature of remote towns as the local church, is bettin
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Telstra outage: Trains and emergency calls in Australia affected by telecoms outage
Servers at data centres in Sydney and Melbourne were to blame but the exact cause remains unknown.
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Telstra outage disrupts Australian train services, taxi payments
July 8 : An outage hit services of Australia’s biggest telecommunications company Telstra on Wednesday, disrupting taxi payment systems and some train services, with the government saying the issue affected “a large number of mobile calls and connections.”Train services connecting Melbourne, Australia’s secon
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Financial services AI dangers highlighted by regulator’s review
LONDON, July 6 : Britain’s financial regulator has been urged to consider regulation of large language models such as ChatGPT, Claude and Gemini because of their growing influence on consumer financial decisions.In a review commissioned by the Financial Conduct Authority and published on Monday, the watchdo
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Japan’s services activity returns to growth in June, PMI shows
TOKYO, July 3 : Japan’s services sector returned to expansion in June after stalling the previous month, though business confidence remained subdued amid concerns over Middle East tensions and intensifying cost pressures, a private survey showed on Friday. • The S&P Global final Japan Services Purchasing M
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