According to JPMorgan’s CIO Bob Michele, the current economic market is reminiscent of 2008’s Global Financial Crisis. Michele, the chief investment officer for JPMorgan’s asset management department, said the present market state bears similarities to the “awful lot of that March-to-June period in 2008.” Similar to the market’s status in 2008, the investors worried about …
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Sovos Names Kevin Akeroyd Chief Executive Officer
SaaS technology veteran to lead company as more and more countries mandate e-Invoicing globally, driving adoption of Sovos’ global tax compliance solutions BOSTON, JUNE 6, 2023 – Global tax software provider Sovos today announced the appointment of Kevin Akeroyd as Chief Executive Officer. Akeroyd joins Sovos from Magnit, where he served as CEO from July 2020, overseeing a …
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Technology And AI Enhancing Agri Value Chain
Agritech has been on the rise in the past few years, enhancing every step of the agri value chain. In the United States, the agriculture sector contributes around $1.27 trillion to the national GDP and employs around 2% of the workforce. The use of agritech platforms in the United States is growing, and it’s estimated …
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Amazon Working On An AI-powered Search Experience
Amazon is yet another competitor set to enter the chatbot arena, following in the footsteps of Google, by developing an AI-powered search experience. Recently, Bloomberg released a report revealing that the company is working on an “interactive conversational experience” for Amazon Search. It is designed to assist users in finding product information, comparing options, and …
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ChatGPT Can Now Browse The Internet, OpenAI’s Latest Update Offers Accurate Responses
ChatGPT is going to the next level with the new update. OpenAI’s ChatGPT has unveiled a major update, which includes the ability to connect to the internet. Additionally, the latest version of GPT-4 now incorporates more than 70 third-party browser plugins, among other features. Currently, these enhancements are exclusively available to ChatGPT Plus subscribers, who …
Infosys Pulls Out of Russia following Moscow’s invasion of Ukraine
Infosys reported a 12% increase in March’s quarter net profit and said it is pulling its business out of Russia, joining a growing list of companies leaving the country in the aftermath of Moscow’s invasion of Ukraine. On Wednesday, Infosys CEO and MD Salil Parekh stated that the company will not work with any Russian …
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USDA to Devote $1 Billion on Agricultural Approaches to Curb Climate Change
When US President Joe Biden stated his concern about global warming and how current agricultural approaches are instigating a detrimental outcome, USDA decided to invest $1B in farmers, ranchers, and forest landowners. This amount is directed towards altering the incorporated agricultural methods that will sequentially restrain the climate-changing greenhouse gas emissions or those that hold …
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T-Mobile – The First from the US Telecom Industry to Switch to 100% Renewable Energy
With the whole world trying to conserve energy, T-Mobile appears to be championed as the first in the US Telecom Industry to source 100% of its electrical consumption to renewable energy. It all started in 2018 when T-Mobile announced its blueprint of 100% usage of renewable energy by the end of 2021. Currently, T-Mobile is …
How Google’s Anthos Is Different from AWS and Azure Hybrid Clouds
Google brings a new game to town with the recent announcement of its Anthos product hitting general availability. Anthos was conceived to help developers and IT administrators navigate the complex waters of distributed applications. While Microsoft was the first hyperscale cloud platform operator to make it possible to run its cloud environment in customers’ own data centers …
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Nastel Technologies Announces New Product Launch, XRay for MQ
XRay for MQ – Nastel Technologies is a premier global provider of AIOps solutions covering end-to-end Transaction Tracking and Application Performance Management (APM) for mission-critical applications in the mixed cloud environments. Nastel is entering its 25th year in business and has recently introduced the latest offering, Nastel XRay® for MQ. Nastel XRay® for MQ, a Big Data analytics platform …
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