Author: Zech
Newgen Software Technologies (NSE:NEWGEN) Q1 2025 EarningsKey Financial Results Revenue: ₹3.15B (Up 25% from Q1 2024). Net Profit: ₹475.7M (Up 58% from Q1 2024). Margins: 15% (Up from 12% in Q1 2024). Margin increase is driven by higher revenue. EPS: ₹3.40 (Up from ₹2.17 in Q1 2024). NSEI:NEWGEN Revenue and Revenue Growth July 21, 2024 All figures shown in the chart above are for the trailing twelve month (TTM) period. Neugen Software Technologies beats EPS expectations but revenue misses Revenues missed analyst expectations by 1.3%. Earnings per share (EPS) beat analyst expectations by 26%. Going forward, revenues are expected to…
Should America do as China does when it comes to pre-testing generative AI before allowing public … [+] release, or is that a sour idea?getty In today’s column, I aim to closely examine a rather thought-provoking question about what might happen if the United States decided to require a pre-test or prior validation of generative AI apps before they were permitted to be publicly released, including doing so for well-known and wildly popular favorites such as ChatGPT, GPT-4, Gemini, Bard, Claude, and others. The basis or impetus to consider this intriguing notion is due to a recent news report that…
Artificial intelligence is outperforming doctors when it comes to detecting common cancers in men. A new UCLA study found that AI tools identified prostate cancer with 84% accuracy, compared with 67% accuracy for doctor-detected cases, according to a UCLA press release. Unfold AI, developed by California-based Avenda Health, is a recently U.S. Food and Drug Administration-approved software that uses AI algorithms to visualize the likelihood of cancer based on different types of clinical data. In the study, a team of seven urologists and three radiologists analyzed 50 cases in which tumors had been removed, looking for signs of residual cancer.…
The glitch was caused by a corrupted update, crashing computers running Windows and causing chaos across the world. advertisementMicrosoft estimates that the recent global IT outage affected around 8.5 million computers worldwide. This is the first time the company has disclosed the scale of the outage, suggesting it could be one of the worst cyber attacks in history.In an official Microsoft blog post, the company said that while the bug affected less than 1% of all Windows computers, “the widespread economic and societal impacts are reflected in Crowdstrike’s use by companies that run many critical services.”The glitch was caused by…
The glitch was caused by a corrupted update that crashed Windows computers, causing chaos across much of the world, grounding planes, preventing some businesses from accepting card payments and forcing hospitals to cancel surgeries. advertisementMicrosoft estimates that the recent global IT outage affected around 8.5 million computers worldwide. This is the first time the company has disclosed the scale of the outage, suggesting it could be one of the worst cyber attacks in history.In an official Microsoft blog post, the company said that while the bug affected less than 1% of all Windows computers, “the widespread economic and societal impacts…
Anne Marie Puig, a renowned consultant and entrepreneur with extensive experience in startup ventures, shares her valuable insights on navigating the complex startup ecosystem. With decades of experience facilitating business growth and innovation, Puig’s expert tips are aimed at helping budding entrepreneurs thrive in the competitive startup landscape of 2024. Decoding the Startup Ecosystem The startup ecosystem is a dynamic and challenging environment that demands new ventures to be innovative, resilient, and strategic, and Puig’s guidance aims to demystify this landscape and provide startups with the tools and knowledge they need to succeed. Anne Marie…
(Updates prices, adds analyst comment)Amal S.June 24 (Reuters) – Canada’s main stock index rose on Friday, helped by gains in technology and healthcare stocks, while cybersecurity company BlackBerry rose on the back of strong corporate results.As of 9:53 a.m. ET (1:53 p.m. GMT), the Toronto Stock Exchange’s S&P/TSX Composite Index was up 224.83 points, or 1.2 percent, at 18,941.95, a day after it fell to its lowest level in 15 months.Toronto-listed technology stocks rose 2.7 percent and health care stocks added 5.2 percent, with shares of cannabis producers Bausch Health Companies Inc. and Aurora Cannabis Inc. the biggest gainers on…
The cascading computer outages that grounded planes, crippled hospitals and disrupted vital public services laid bare just how dependent the global economy is on a single company: Microsoft.Regulators and lawmakers from all political stripes have sounded the alarm, saying the massive outage that crippled Windows shows the dangers of concentrating so much power in one company that runs governments, businesses and critical infrastructure around the world.The outages rippled around the world, with credit card systems down in Australia, airlines in India handing out handwritten tickets and US courts postponing hearings including those in Hollywood mogul Harvey Weinstein’s sex crimes case.…
The federal government’s efforts to establish its own blockchain infrastructure have received strong support from the National Blockchain Policy Implementation Steering Committee. Two weeks ago, the government announced plans to build a home-grown blockchain to ensure data security and privacy. Speaking to The Punch, the committee’s chairman, Chimezie Chuta, hailed the initiative, describing the idea of a national blockchain infrastructure as a great move. According to Chuta, countries such as India, China, the UAE, South Korea and Singapore are building blockchain infrastructure, so there is no reason why Africa’s third-largest economy shouldn’t do the same. He noted that India’s blockchain…
Home » Breaking News » Major cybersecurity threats for global travelers to the Paris Olympics include ticket fraud, vulnerabilities in restaurant ordering systems and lodging risks identified by Veriti Sunday, July 21, 2024Reading time: 3 minutesAs travelers prepare for the Paris Olympics, Veriti has identified several significant cybersecurity threats to watch out for, including ticket fraud via Telegram channels and social media platforms, vulnerabilities in restaurant ordering systems, and security concerns for accommodations booked through platforms like Airbnb.One of the main concerns cited by Veriti is the prevalence of ticket fraud. Scammers are taking advantage of the high demand for…