Category: Internet

Artificial Intelligence Offers $340 Billion Opportunity to Retail Sector: Capgemini

The use of Artificial Intelligence (AI) offers about $340 billion (roughly Rs. 23.8 lakh crores) cost-saving opportunity for those retail companies that are able to scale and expand the scope of their existing deployments, according to a new global study from French technology services major Capgemini. However, just one percent

Delivery Hero Cedes German Market to Takeaway.com

Takeaway.com and Delivery Hero have settled a costly struggle for supremacy in the German food delivery market, with Takeaway agreeing to buy its larger rival’s businesses there for EUR 930 million ($1.1 billion roughly Rs. 7,700 crores). Markets greeted the agreement as a win for both companies. Shares in Dutch-listed Takeaway jumped 23

Google Shuts Down Censored ‘Dragonfly’ Chinese Search Engine Project After Internal Confrontation: Report

Facing widespread criticism over its “censored” Search engine for the Chinese market, Google has reportedly shut down a data collection system that was key to develop the search project code-named “Dragonfly”. According to a report in The Intercept on Tuesday, the move comes after hundreds of Googleemployees raised internal complaints that the project

Oracle Sees Strong Third Quarter on Cloud Strength, Share Rise

Oracle Corp on Monday forecast current-quarter profit above estimates after growth in its cloud services and licence support unit helped the business software maker surpass Wall Street expectations for the second quarter. Shares rose 5 percent, with the company saying that excluding fluctuations in exchange rates, it expected third-quarter adjusted profit