Mphasis bags US patent for artificial intelligence system

Bengaluru: IT solutions provider Mphasis on Wednesday said it has been granted a US patent for its artificial intelligence system for tracking, managing and analysing data. The patent relates to optimised data aggregation and analytics across physical and digital data sources, the company said. pti

Mumbai

Sensex snaps four-day rally; finance stocks wobble

The Sensex snapped its four-session winning run to close marginally lower on Wednesday as investors pocketed gains in finance, banking and consumption stocks amid mixed global cues. After touching a low of 38,125.81 during the day, the Sensex pared most losses to end 37.38 points lower at 38,369.63. pti

New Delhi

Mozilla Firefox lays off 250 staff, shuts Taiwan operations

Mozilla Firefox has laid off 250 employees and shut its operations in Taiwan. “Today, we announced a significant restructuring of Mozilla Corporation. This will strengthen our ability to build and invest in products and services that will give people alternatives to conventional Big Tech,” Mozilla CEO Mitchell Baker said. IANS

Mumbai

Hiring activities see uptick in July, says Naukri JobSpeak

There has been a slight increase in hiring activities in July compared to June, according to Naukri JobSpeak Index. About 1,263 job postings in July marks an improvement of 5% in hiring activities compared to 1,208 in June, as per the Index. PTI