Category: Technology

Vizrt, a leading provider of software-defined visual storytelling solutions, has announced that it is consolidating its Vizrt and NewTek businesses under the Vizrt brand. The move is in response to the converging broadcast and pro AV markets, and the changing needs of customers and end users. Vizrt acquires NewTek in 2019 Vizrt acquired NewTek, a pioneer of IP-based video production, in 2019, with the aim of creating the largest company…

The Economic Times reported that top technology executives and venture capitalists have called for the government to build large-scale GPU clusters for startup founders to innovate and realise their AI dreams. GPU clusters are groups of computers that have a graphics processing unit (GPU) on every node, which provide accelerated computing power for specific tasks such as image and video processing and training neural networks and other machine learning algorithms.…

The National Domestic Violence Hotline (The Hotline) is a lifeline for millions of people who experience abuse from their intimate partners. During the pandemic, the demand for their services increased dramatically, as isolation, stress and financial strain exacerbated the risk of violence. To meet this challenge, The Hotline partnered with Genesys, a leader in cloud customer experience and contact center solutions, to transform their contact center infrastructure and enhance their…

EffectiveSoft Corporation is a company that specializes in software development and data analytics for various industries and domains. The company was founded in 2000 and has since grown to become one of the leading providers of custom software solutions and data-driven insights. What Makes EffectiveSoft Different? EffectiveSoft is not just a software development company, but also a business partner that helps its clients achieve their goals and objectives. The company…

Are you an African tech startup looking for funding, mentorship, and exposure? If yes, then you might want to apply for the MEST Africa Challenge 2023, a pan-African pitch competition that offers a $50,000 equity prize and a place in the MEST Africa incubator of your choice. What is the MEST Africa Challenge? The MEST Africa Challenge is an annual event that showcases the best tech startups from Ghana, Nigeria,…

Nazara Technologies Limited, a leading gaming and sports media platform in India, has announced that it has raised Rs 100 crore from Kamath Associates and NKSquared, entities owned by Nikhil Kamath, the co-founder and CIO of Zerodha, India’s largest stockbroker. A strategic investment to boost Nazara’s growth Nazara Technologies is proposing to issue 14,00,560 equity shares of face value of Rs 4 each at a price of Rs 714 per…

HCL Technologies, one of the leading IT companies in India, witnessed a surge in its share price today after reporting strong quarterly results and raising its revenue guidance for the fiscal year 2023. The stock closed at Rs 1,192.40, up 0.56% from yesterday’s close of Rs 1,185.80 on the BSE. HCL Tech beats expectations in Q3 earnings HCL Tech reported a net profit of Rs 3,442 crore in the quarter…

The tech industry is one of the major contributors to the global carbon emissions, as data centers and AI models consume huge amounts of electricity and natural resources. However, some experts believe that AI can also be part of the solution, by making the industry more energy efficient and responsible. The challenge of training and deploying AI models One of the main sources of the tech industry’s carbon footprint is…

Blockchain technology, the underlying system that powers cryptocurrencies such as Bitcoin and Ethereum, has been gaining popularity and attention in recent years. But beyond its use for digital money, blockchain has the potential to transform various sectors of the economy and society, especially in developing countries like Malaysia. What is blockchain and how does it work? Blockchain is a distributed ledger that records transactions and data in a secure, transparent…

Mego: a bridge between tradition and innovation A startup called Mego is trying to change the lives of ultra-Orthodox Jews in Israel by offering them a chance to enter the lucrative hi-tech industry. Mego is a 14-month-long vocational training programme that teaches programming skills to Haredi men, who typically have little or no exposure to modern technology. The programme aims to help them find jobs in the booming sector that…