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CFOs betting big on AI, machine learning, robotics process automation as business goes digital

Tech Budgets 2019: Surveys and projections IT budgets and headcounts are generally increasing, despite the spectre of political and economic uncertainty. More than ever, CxOs will need to ‘think smart’ about spending to run, grow and transform businesses. CFOs have increased their bets on artificial intelligence, machine learning, robotic process automation, analytics and blockchain as they are looking automate to… Read more →

Interacting with cars: What’s on the horizon?

For years, Nuance Communications has helped the automotive industry integrate sophisticated voice-based technologies into cars. The company works with nearly every major automaker, and its user-interface software is installed in almost half of the vehicles sold around the world. If you have a relatively new car, there’s a good chance you use Nuance’s technology for voice dialing, to control navigation… Read more →

Microsoft tech support scammer pleads guilty to defrauding victims of $3 million

A North Carolina man pleaded guilty of putting together and managing a “tech support scam” business that defrauded US citizens of more than $3 million over the course of four years. According to court documents obtained by ZDNet, Bishap Mittal, 24, had set up a company named Capstone Technologies LLC, together with an unnamed co-conspirator, through which the two managed… Read more →

Zuora satisfies Q4 targets, shares down on light guidance

Cloud-based subscription management company Zuora delivered better-than-expected fourth quarter financial results after the bell on Thursday, but light guidance brought its shares down after hours. The company reported a Q4 net loss of $20.67 million, or 19 cents a share, up from a loss of $13.4 million in the fourth quarter of fiscal 2018. The non-GAAP net loss came to… Read more →