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News on Medial
Best friends as business partners: A winning formula
YourStory
ยท
11m ago
Medial
Friendship can significantly impact entrepreneurship by providing a foundation of trust, complementary skills, effective communication, and emotional support. On National Best Friend Day, the success of boAt co-founders Aman Gupta and Sameer Mehta illustrates how strong personal bonds can drive business growth. However, mixing personal and professional relationships requires clear boundaries and communication to avoid potential conflicts.
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25
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Business software company Alteryx explores sale
Economic Times
ยท
1y ago
Medial
Fierce competition from big rivals such as Microsoft Corp and Oracle Corp, as well as setbacks in winning new business, have suppressed Alteryx's valuation and made it an acquisition target.
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Why tech billionaires want bots to be your BFF
Livemint
ยท
1m ago
Medial
In a rapidly evolving digital landscape, tech billionaires like Elon Musk and Mark Zuckerberg, along with companies like Microsoft, are pivoting towards the "friend economy." They envision AI-powered chatbots as personal companions to counter increasing loneliness in society. This strategy aims to create more personalized, interactive user experiences, fostering deeper connections between technology and individuals. As technology evolves, the integration of AI in daily life may redefine relationships by positioning bots as virtual best friends.
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Sensex, Nifty log best weekly winning streak since 2010
VCCircle
ยท
1y ago
Medial
Indian benchmark indexes, the Sensex and Nifty, recorded their best weekly winning streak since 2010, boosted by a positive growth outlook in the US. IT stocks showed strength after the US economy performed better than expected in Q2. This is positive news for Indian IT companies, as they earn a significant portion of their revenue from the US. Other sectors, such as metals and pharmaceuticals, also experienced gains. Meanwhile, investors are awaiting data on US personal consumption expenditures to confirm expectations of a rate cut in September.
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After tennis, Infosys Topaz to drive AI-led innovation of Formula E racing
Economic Times
ยท
1y ago
Medial
Infosys has entered into a three-year partnership with the ABB FIA Formula E World Championship as its official digital innovation partner. The collaboration aims to enhance fan engagement, provide in-race analytics, and improve sustainability reporting for the electric car motorsport competition. Infosys plans to develop an AI-powered fan customer data platform and leverage its AI-first suite of offerings to provide real-time insights and statistics during races. The partnership also aligns with Formula E's goal of reaching 500 million fans by 2030 and reducing carbon emissions by 45%.
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Apple bids for Formula 1 rights in US: Financial Times - The Economic Times
Economic Times
ยท
1m ago
Medial
Apple is in talks to acquire exclusive U.S. broadcasting rights for Formula 1, challenging current broadcaster ESPN. This follows the success of Apple's film "F1: The Movie" and aims to capitalize on the growing popularity of F1 in the U.S., partly due to Netflix's series "Formula 1: Drive to Survive." Netflix is also a contender for these rights when ESPN's exclusivity expires. The final decision remains pending.
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'Singapore among key stakeholders in Bengaluru's development as tech hub'
Economic Times
ยท
10m ago
Medial
- Singapore has played a significant role in the development of Bengaluru as a global tech hub over the past 30 years. - Singapore's Capitaland is among the key partners in Karnataka's tech infrastructure development. - Singapore and India have a strong partnership, with potential for accelerating business growth in Bengaluru. - Indian talent from around the world, including Indian-origin startups, are returning to Bengaluru to scale up their businesses. - Bengaluru is rated as one of the most advanced technology hubs and best tech cities globally. - Singapore is a global innovation alliance partner for Bengaluru, and Singapore-based companies actively participate in the Bengaluru Tech Summit.
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Bengaluru man recalls how he exchanged business cards with traffic cop after getting fined: 'A solution was arrived at'
Money Control
ยท
1y ago
Medial
A man narrated an incident from 2012 where he and his friends were fined by traffic cops in Bengaluru for not having a pollution control certificate. While his friends went to withdraw money, he stayed back and ended up having a conversation with one of the cops who happened to run an advertising agency. The lack of traffic at 11 pm on a Saturday night allowed them to have a casual chat and exchange business cards. They did pay the fine and received a receipt.
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Swiggy launches market intelligence dashboard for restaurant partners
YourStory
ยท
1y ago
Medial
Food delivery platform Swiggy has introduced a Market Intelligence Dashboard for its restaurant partners. The tool provides comprehensive insights into a partner's business, allowing them to track performance, analyse operational metrics, and monitor marketing spend. The dashboard features an overview tab comparing restaurant performance to the overall market, as well as business and operational metrics that track essential indicators. It also enables analysis of customer behaviour and conversion rates, as well as marketing efforts. Swiggy aims to help its partners benchmark their performance, identify areas for improvement, and make informed business decisions.
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IT gives bears a bull hug: what is driving the rally in tech stocks?
Economic Times
ยท
1y ago
Medial
The article discusses the surprising performance of technology companies in the Indian stock market despite challenges such as muted business growth and uncertainty. IT stocks have outperformed broader markets in 2023, showing investor confidence in the sector. The market is optimistic about potential growth in the banking, financial services, and insurance (BFSI) segment, as well as advancements in generative artificial intelligence (Gen AI). Despite a slump in overall headcount, IT companies are investing in upskilling their workforce and winning large deals. The article highlights the long-term growth prospects for the Indian IT sector.
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These premium appliances are turning heads: Find out what the buzz is all about
Livemint
ยท
9m ago
Medial
Summary: AI has made significant advancements in the form of smart appliances that are designed to simplify and streamline daily tasks. Examples include the Wonderchef Chef Magic, a versatile all-in-one kitchen robot, the Baby Brezza Formula Pro dispenser for hassle-free baby formula preparation, the Bartesian Premium Cocktail and Margarita Machine for effortless cocktail mixing, and the Braun IPL 5152 Hair Removal System for long-lasting hair reduction. These smart appliances offer convenience, efficiency, and connectivity to transform homes into smarter spaces.
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