All articles by Refna Tharayil
Refna Tharayil
UK DSIT announces £33m funding boost for national space projects
The funding is allocated through the UK Space Agency’s National Space Innovation Programme, which seeks to invest in promising technologies, promote innovation, and drive growth throughout the country
Google unveils new weather prediction model NeuralGCM
Developed in partnership with the European Centre for Medium-Range Weather Forecasts, NeuralGCM brings together established physics-based modelling and ML for enhanced simulation accuracy and efficiency
SAP’s Q2 2024 total revenue increases by 10% to €8.3bn
The German software major had a decrease of 11% in its operating profit for the second quarter of 2024 to €1.22bn, compared to the €1.37bn in the corresponding quarter of the previous year
Vodafone divests additional 10% stake in Vantage Towers for €1.3bn
Following the completion of the latest transaction, Oak Holdings holds an 89.3% stake in Vantage Towers while Vodafone’s effective ownership has decreased to 44.7%
Kroger to roll out Ocado’s new automated technologies in fulfilment centres
Through the partnership, Kroger will deploy Ocado’s latest ‘Re:imagined’ technologies across multiple CFCs in its live network and future CFCs
Ofcom fines BT £17.5m over emergency call handling failure
In June last year, a network fault disrupted the British company’s ability to connect emergency calls for several hours, affecting nearly 14,000 call attempts from 12,392 callers
Wipro’s Q1 FY25 net income increases by 6% to $360m
The Indian IT major’s gross revenue for Q1 FY25 was down by 3.8% to INR219.6bn ($2.63bn), compared to INR228.3bn ($2.73bn) in Q1 FY24
OpenAI expands AI line-up with cost-efficient small model GPT-4o mini
The new model is priced at 15 cents per million input tokens and 60 cents per million output tokens, offering a more affordable option than the previous model, GPT-3.5 Turbo
Nokia’s Q2 2024 operating profit drops 32% to €423m
Nokia’s net sales in the reported second quarter of this year were €4.46bn, a decrease of 18%, compared to €5.43bn reported in Q2 2023
IBM wins USAID contract to enhance cybersecurity protection and response
Under the five-year contract, IBM’s multidisciplinary team will provide continuous assistance to USAID in bolstering the capabilities of host government agencies and critical infrastructure operators to identify, protect against, detect, respond to, and recover from cyberattacks