Enterprise IT

Blockchain, which first emerged as the system powering crypto-currency bitcoin, is a shared record of transactions that is maintained by a network of computers on the internet, instead of a centralized authority. Banks and other large financial institutions have been ramping up their investments in blockchain in hopes that it can help simplify cumbersome processes such as securities settlement and international payments.

Accenture develops new technology to beef up blockchain security

Accenture has developed new technology that it says can help make blockchain applications more secure and could speed up their deployment in sectors such as finance, reported news agency Reuters.
The Deputy Executive Director from TAITRA, Thomas Huang, speaking at the conference said, “For now, we’re expecting to have over 1,600 companies with 5,010 booths in COMPUTEX 2017.” (Photo/COMPUTEX TAIPEI)

COMPUTEX 2017 to focus on emerging technology

COMPUTEX 2017 will be held between May 30th to June 3rd, 2017 and will focus on ‘Building Global Technology Ecosystems’ with new themes on Artificial Intelligence and Robotics, Innovations and Startups, Business Solutions, IoT Applications and Gaming and VR.
Although the companies are risking a backlash from customers who side with Trump, they say the pushback is necessary for an industry dependent on thousands of highly skilled foreign workers. (Photo/Agency)

US-Tech firms take stand against travel ban, risking backlash from President Trump

Through a Super Bowl ad, public statements and court filings, Silicon Valley's biggest companies are taking a strong stand against President Donald Trump's travel ban, saying high tech needs immigrants' creativity and energy to stay competitive.
VMware is advancing support for automation, security and application continuity and offering development organisations an agile software-defined infrastructure to build-out cloud-native application environments.

VMware NSX acquired more than 2,400 customersin 2016, announces new releases for NSX

With the release of VMware NSX for vSphere 6.3 and VMware NSX-T 1.1, VMware is advancing support for automation, security and application continuity and offering development organizations an agile software-defined infrastructure to build-out cloud-native application environments.
Under the terms of the agreement, Ixia shareholders will receive $19.65 per share in cash.

Keysight Technologies to acquire Ixia for $1.6 billion

The board of directors of both companies have unanimously approved the transaction, which is anticipated to close no later than the end of October 2017
VirtualBench plays a key role in reducing the cost and footprint of test and measurement systems by consolidating five of the most commonly used instruments into one device without compromising the performance of each instrument. (Photo/NI)

NI launches a new higher performance model of VirtualBench

New model delivers 500 MHz analog bandwidth and 40 MHz sine output for higher performance benchtop and automated test applications, says NI

Microsoft profit rises as it absorbs LinkedIn

Microsoft reported a rise in profits over the past quarter, showing gains in cloud computing and other new areas of focus as it absorbed the LinkedIn social network.
Cisco will provide live and replay audio broadcast of the conference call with corresponding slides at https://investor.cisco.com. (Photo/Agency)

Cisco to acquire software firm founded by IITian for $3.7bn

A San Francisco-based software company founded by an IIT alumnus will be acquired by American technology giant Cisco for USD 3.7 billion.

T K Kurien named Managing Partner & CIO of Premji Invest

Premji Invest, the investment arm of Wipro Chairman Azim Premji, today said it has appointed T K Kurien as its Managing Partner and Chief Investment Officer (CIO) with effect from February 1.
Fromer Reserve Bank Governor, C Rangarajan (Photo/PIB)

Automation may curtail employment opportunities, says Rangarajan

Former Reserve Bank Governor, C Rangarajan cautioned that automation which is part of "Digital Age" may curtail employment opportunities to people even though it is expected to create jobs at "higher" levels.