5.26 billion packages shipped, 639 million on Saturday alone. But nobody’s puffing up the cash pile Alibaba and JD.com have forged a new holiday tradition by discussing anything but the revenue generated by the nation’s annual 11.11 “Singles’ day” e-tail frenzy.…
India’s big four outsourcers scored record deals in Q2, but revenue didn’t reflect those successes Infosys and Wipro have decided to skip hiring graduates this year as part of their “utilization optimization” strategies, after a quarter that brought both record deals amid continued macroeconomic uncertainty for India’s big four IT services outfits.…
One has the talent, one has the money – both want more tech The gulf states and former Soviet nations of central Asia are set to become a new hub of tech activity, according to Anatoly Motkin, president of Strategeast – a non-profit that operates in Ukraine, Georgia, Kyrgyzstan, and Kazakhstan, and works to develop their digital economies.…
Software giant tells partners not to sell it but also happy to take your cash now Updated Microsoft has quietly delayed the delivery of a security service it hoped to add to the E5 license of its flagship Microsoft 365 suite.…
Meanwhile, Zoom boss calls on US authorities to consider adopting Europe’s breakout policy Microsoft has told its partner community that unbundling Teams from its Microsoft 365 and Office 365 suites was a compromise – an alteration to the language it used when announcing the change.…
CISO and head of HR depart as services market tightens Two senior execs have quit Indian tech services giant Infosys, with head of HR, Richard Lobo, and chief information security officer Vishal Salvi departing in recent days.…
All of FY2024 is going to be a ‘washout’ JP Morgan has predicted tough times are around the corner for India’s big IT services outfits.…
Continues feeding the hybrid cloud monster Dell World It took a little over a year, but Dell has followed through (to an extent) on promises it made in 2022 with the introduction of Project Alpine – an effort to make its block, file, and object storage software available in top hyperscale cloud environments.…
Two years ago the big four hired 243,000 workers. Last year that fell to 82,000 Having spent 2022 struggling to retain workers in the face of high staff attrition rates, India’s top four IT outsourcers have since slowed hiring and are worried their workers may not have enough to do.…
Nadella happy to sling code to Russians and Iranians, or nah? Microsoft will pay more than $3.3 million to settle allegations it busted US sanctions by selling software and services to blacklisted companies and individuals in Russia, Iran, and other countries.…