Bitcoin, the largest cryptocurrency by market value, had a loss of more than one percent on Monday. The price of Bitcoin on the international crypto exchange Binance was down by more than 1.30 percent at around $93,870. The Federal Reserve’s refusal to create a reserve of Bitcoin in the US and weak inflation forecast have…
The interest of institutional investors has increased in Bitcoin, the largest cryptocurrency in terms of market value. American company Microstrategy plans to increase its Bitcoin holding. For this, the company is planning to increase its authorized Class A common stock from approximately 33 crore shares to more than 10 billion shares. The plan may be…
Narayana Murthy, co-founder of Infosys, one of the largest software companies, has reiterated his position of working 70 hours a week. He said that the youth should work hard for the betterment of the country. Indians need to strive for excellence. Speaking at an event at the Indian Chamber of Commerce, Narayana Murthy said, “At…
The consolidated net profit of Infosys, one of the big software companies, increased by more than 11 percent to about Rs 6,806 crore in the third quarter of the current financial year. In the same quarter of the last financial year, the company’s net profit was approximately Rs 6,106 crore. Infosys’ revenue from operations increased…
In the last few years, cases of cyber fraud have increased rapidly. In one such case, a medical student has been arrested in Indore, Madhya Pradesh. This student had converted the amount of about eight lakh rupees received through cyber fraud into cryptocurrency and sent it to a gang in China. Regarding this, Deputy Commissioner…
In the last few years, companies in the country have made considerable progress in the use of technology. The World Economic Forum (WEF) has said in a report that Indian companies are progressing rapidly at the international level in the use of important technologies. These technologies include Artificial Intelligence (AI) and robotics. Future of Jobs…
Apple made a number of software-related announcements at WWDC 2016—from iOS 10 to macOS Sierra, watchOS 3, and the expansion of Siri. Let us tell you about these in detail. In its keynote address, the company finally announced the rebranding of OS X to macOS. The next version will be known as macOS Sierra. The…
The last few months have been bad for the technology sector. Many big tech companies have laid off a large number of workers. These include global tech company Google. It has been learned that Google has laid off around 450 workers from various departments in India. Workers affected by this sudden step taken by the…
Tata Consultancy Services (TCS), one of the big software companies, has seen its net profit increase to around Rs 12,444 crore in the quarter ended December. The company’s margin increased by 0.40 percent to 24.5 percent in the last quarter. TCS’s margin in the second quarter was 24.1 percent. However, margins have declined by about…
Tata Consultancy Services (TCS), one of the big software companies, has seen its net profit increase to around Rs 12,444 crore in the quarter ended December. The company’s margin increased by 0.40 percent to 24.5 percent in the last quarter. TCS’s margin in the second quarter was 24.1 percent. However, margins have declined by about…
