SOFTWARE DEVELOPERS
OpenAI offers lavish compensation to staff; here's how much employees get paid
Elon Musk is taking on OpenAI, accusing it of turning its back on its nonprofit roots and monopolizing the generative AI market through massive investments and extraordinary employee compensation.
Meet the Acharya brothers; they helped enable DVDs, now they are turning cars into computers
Indian-American brothers, Shrinath and Shrikant Acharya, revolutionized DVD playback on laptops with their company, Margi Systems. Their solution, licensed globally, decrypted DVDs, enabling movie enjoyment on the go. Later acquired by Harman, they spearheaded in-vehicle connectivity, a precursor to today's software-defined vehicles. Now, their technology connects numerous vehicle components to the cloud, simplifying complex systems for major automotive manufacturers worldwide.
Sony in talks to buy media powerhouse behind 'Elden Ring' game, sources say
Tech giant Sony is in talks to acquire Japanese media company Kadokawa. Kadokawa is the company behind the popular game Elden Ring. Sony already owns a small percentage of Kadokawa and its subsidiary FromSoftware. FromSoftware developed Elden Ring. Kadokawa also owns popular franchises such as Re:Zero. Sony has been expanding its entertainment portfolio.
AI integration with cloud, edge computing have potential to create jobs: STPI director general
"First is AI-machine learning integration in cloud services and also access to artificial intelligence through cloud. With this you can optimise your resources. All kind of personalized technology services can be given once AI-ML is integrated on cloud," Software Technology Parks of India director general Arvind Gupta said.
These 7 mid-cap IT and telecom stocks can deliver up to 25% in 1 year
When it comes to taking exposure to the telecom sector, stocks like Bharti Airtel are the ones that immediately come to mind. But the fact is that there are many ways to take exposure to the telecom sector. There are several companies that are providing services to large players like Bharti – and even other global firms. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
LTTS shares jump 4.5% following $110 million AI-focused acquisition
The acquisition aims to strengthen LTTS's AI and software capabilities within its digital engineering suite for global clients, enhancing software development, data, and platform engineering. With Intelliswift’s AI-driven automation and digital enterprise expertise, LTTS will also provide integration services through agile engineering and next-gen technologies.
- Go To Page 1
Canva is leveraging its Facebook India communities to build deeper inroads
India is Canva’s fifth-largest market with around 139 million presentations created in the last one year and tools like the photo background remover being one of the most popularly used tools. Social media templates for Instagram are among the most popular in India for Canva.
AI software firm Thesys raises $4 million from Together Fund
Founded in 2024 by Guha and Parikshit Deshmukh, Thesys helps product owners and designers simplify the process of creating AI agents. It provides tools for designing, visualising and prototyping AI applications, making it easier to plan and test these agents before building them. It is currently collaborating with 12 companies.
Stocks in news: Tata Steel, M&M, Trent, Blue Star, Hindalco
Shares of steel major Tata Steel Ltd will be in focus today after the company turned to black in the quarter ended September 2024. The company had posted a loss in the last year period.
‘India tech talent powering SAP’s foundational AI model for business’
In an exclusive interview with ET, the 43-year-old CEO said that SAP is building sovereign AI capabilities in India given its huge exposure to government and critical sectors in the country. He also pointed to the huge AI talent pool here and said several products including SAP’s proprietary large language model are being built in India.
Who is Rishit Jhunjhunwala, the new Truecaller CEO
Truecaller has promoted its current chief product officer, Rishit Jhunjhunwala, to the position of CEO. Jhunjhunwala will assume the role on January 9th, succeeding Alan Mamedi. Mamedi and co-founder Nami Zarringhalam will transition to board and advisory roles, focusing on long-term strategy until June 2025.
SaaS major Salesforce India hits $1 billion milestone, expands AI-driven growth
There are over 2 million Salesforce developers in India, making it the second-largest community on the Salesforce platform outside of the US. It has about 13,000 employees in India, having added 3,000 over the past year.
Mid-cap stocks: Volatility is for all, opportunity in a few – with patience to digest a decline. 5 mid-cap stocks with upside potential of up to 33%
Will mid-cap stocks see more decline? It is a high-probability scenario. But, in the current market, that could happen to small- and large-cap stocks as well. What matters to the street are valuations, quality of businesses, and individual managements. So, over the long term, it would pay to be bullish. Just remember three things: Be ready for some decline in the days to come over certain global issues; be more selective and cautious when picking stocks; and stagger out your buying.
ADDA to invest Rs 15 crore on India biz expansion to meet demand for society management software
Established in 2009, ADDA has clients in over 10 countries, including India, the US, the Middle East and Singapore. In India, ADDA has clients in around 80 cities. Its total client base in India exceeds 3,500 Communities.
Jobs at risk? Sundar Pichai's comment raises alarm for software engineers
A recent remark by Google CEO Sundar Pichai on new code and Artificial intelligence (AI) has been sparked speculation about threats coders face. Sundar Pichai said Google's long term focus and investment in AI are paying off and driving success for the company and its customers. Nowadays, most tech companies are using AI to ease the process and increase efficiency but it also poses a threat to human jobs. Pichai in a recent earnings call highlighted AI's crucial role in the company's growth strategy.
GitHub’s India developers rise 28% to 17 million
India will surpass the US to become the world’s largest developer community by 2028, from earlier forecast of 2027.
Anthropic releases AI to automate mouse clicks for coders
The new "computer use" feature can tell AI "where to move the mouse, where to click, what to type, in order to do quite complicated tasks," Anthropic's chief science officer Jared Kaplan said in an interview. The capability is tailored to software developers and represents a move toward AI agents, programs that require little human intervention to carry out multi-step actions.
Techie fined Rs 4 lakh for sick leaves after HR exposes forged documents
A 37-year-old software developer, Su Qin, has been fined S$5,000 (approximately Rs 3.26 lakh) by a Singapore court for forging a medical certificate to take nine days of sick leave. Su altered a legitimate document using Photoshop, changing the hospital's name and hospitalization dates to justify her absence from work. Her deception was uncovered by the HR department during her resignation process when a broken QR code on the certificate raised suspicions.
What to do after BTech? Check out these career paths
BTech is a popular course among Indian students aiming for careers in engineering and technology. This 4-year degree offers specialisations in various disciplines, including mechanical, civil, electronics, and computer science. Graduates can pursue core engineering jobs, software development roles, higher education, or civil services.
Minister hints at imminent hike in milk prices in Karnataka
Karnataka Cooperation Minister K N Rajanna has indicated a potential increase in milk prices, citing that the state procures and sells milk at lower rates compared to others. A meeting will be held soon to decide on this matter, aiming to benefit farmers by adjusting procurement and selling prices.
Karma hits back at job interview: IITian shares story of techie facing the woman he had insulted
Pranav Mehta, an ex-Microsoft employee, shared a story about a college student who insulted a woman on LinkedIn. Despite his behavior, he secured a referral and faced the same woman as his interviewer.
Supercoder to create 3,000 remote jobs for Indian developers by 2025
Developers who enroll with Supercoder gain access to a plethora of benefits, including 82% long-term full-time jobs and 18% short-term or part-time opportunities
ET World Leaders Forum: Startups, AI to fuel new economic boom for India, says GitHub's Thomas Dohmke
India is expected to surpass the US in the number of software developers by 2027, driven by its growing IT services sector, expanding startup ecosystem, and advancements in artificial intelligence, according to Thomas Dohmke, CEO of GitHub. India currently ranks second with 15.4 million developers, and its rapid growth is attributed to its vibrant open-source software community and innovative startups.
Gemini code assist to supercharge developer productivity: Monroy
Gabe Monroy, who was in Bengaluru recently for Google's Gen AI Exchange: Developer Day, did not disclose the scale of adoption for Gemini Code Assist, but said they are seeing 30-50% in productivity gains. The areas that could be the most impacted include code generation and test automation, he added.
India to turn largest hub of software developers by 2027: Thomas Dohmke, CEO, GitHub
"Developers drive GDP growth and technological progress to the tune of trillions of US dollars. And the opportunity goes further because software developers are adopting AI faster than any other sector of the global workforce," Thomas Dohmke said.
ET World Leaders Forum | GitHub CEO envisions India as AI powerhouse
Speaking at The Economic Times World Leaders Forum, Dohmke highlighted the country’s potential to become a major hub for artificial intelligence (AI). "What if AI isn’t just for tech experts but for everyone?" Dohmke asked. "Every company should become an AI company."
SaaS unicorn Browserstack acquires Berlin-based startup Bird Eats Bug
Browserstack has committed a mix of cash, stock and future investment for the $20-million acquisition. Along with this deal, the Accel-backed mobile and web software testing platform also rolled out the manual testing tool Bug Capture, which it claims lets users debug issues 30% faster on average.
Load More
