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[ad_1] BENGALURU (Reuters) – HCLTech, India’s third-largest IT services provider, beat quarterly profit estimates on Friday, helped by its deal with U.S. telecom company Verizon and strength in its products and platforms business. The Noida-based company’s net profit rose 6.2% to 43.50 billion rupees ($524.80 million) for the quarter ended Dec. 31 from a year…
[ad_1] HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast signed an agreement on Saturday to set up its first manufacturing facilities in India, as the ambitious company seeks to penetrate the world’s third-largest vehicle market. VinFast and the southern state of Tamil Nadu agreed to work toward an investment of up to $2 billion,…
[ad_1] LONDON (Reuters) – Telegram Messenger said it does not know why fines against it and other major technology companies were dropped in Russia, but said it has no assets, offices or employees there. Fines imposed by Russian courts on Alphabet’s Google and YouTube, Meta, TikTok and Telegram appear to have been settled as the…
[ad_1] BEIJING (Reuters) -Baidu’s ChatGPT-like Ernie Bot has garnered more than 100 million users, Wang Haifeng, chief technology officer of the Chinese internet company, said on Thursday. The user base milestone, announced at a deep learning summit in Beijing, comes after the search engine giant opened Ernie Bot to the public in August. This was…
[ad_1] JERUSALEM (Reuters) – Israeli high tech firms raised $1.5 billion in the fourth quarter of 2023, preliminary data showed on Thursday, in a sign that foreigners are still investing in Israeli startups despite Israel’s war with Palestinian militant group Hamas. The Israel Venture Capital (IVC) Research Center and LeumiTech said fundraising in quarter up…