The Latest Breaking News from TMT

Fractal Analytics Q1 net profit jumps 92% to Rs 72.3 crore

Fractal Analytics saw a ninety-two percent profit jump year-on-year in the first quarter. Operational revenues increased by twenty percent on-year to Rs 912.5 crore. The healthcare and life sciences sector led revenue growth with sixty-nine percent. The Americas and Europe regions also showed strong year-on-year growth. Enterprise adoption of AI-led…

The Economic Times · Jul 24

Microchip Technology Says Inventory Slump Is Nearing End as Data Center Wins Build

Microchip Technology (NASDAQ:MCHP) executives said the company is nearing the end of a prolonged inventory correction while positioning for growth tied to data centers, aerospace and defense, automotive systems and industrial markets. Speaking at TD Cowen’s 54th annual TMT conference, President and

MarketBeat · May 31

Fractal bets big on enterprise AI despite TMT weakness dragging revenue growth

Analytics firm Fractal sees robust enterprise AI growth, with banking and life sciences booming at 40% and 80% respectively. Despite a dip in its TMT sector due to client-specific issues, overall revenue grew 19%. Strong client retention, averaging 112%, highlights deep partnerships and continued AI adoption, signaling a promising future.

The Economic Times · May 13

Happy Holidays? Spotify Conducts TMT's Biggest Layoff of 2023 Despite 11% Q3 Revenue Grow

Ho, ho ho, the stock is at a 12-month high, and the music streaming service just added 23 million subscribers, but 17% of the its workforce, over 1,500 employees, just lost their jobs anyway

Broadcasting & Cable · Dec 4, 2023

Fmr TCS CEO Gopinathan joins BCG as senior adviser

BENGALURU: Former chief executive officer of Tata Consultancy Services (TCS) Rajesh Gopinathan has joined the Boston Consulting Group (BCG) as senior adviser, technology, media, and telecommunications (TMT) practice as part of its Delhi team.

The Times of India · Nov 28, 2023

Watch these One Sky Project films to explore Indigenous astronomy from home for free (videos)

Seven award-winning films about Indigenous sky stories are now open for personal downloads, or for planetariums to share the traditional knowledge with students.

Space · Jun 13, 2023

Telly Makes Splash With Can't-Miss, Cynical Consumer Proposition: Hey, We're Gonna Get Your Data Anyway, Might as Well Take Our Free TV (Frankel)

Startup backed by TMT all-star roster claims it's already up to 100,000 signups

Broadcasting & Cable · May 22, 2023

Crunchyroll Expands Cloud-Based Post-Production With SDVI and TMT Insights

Global anime brand deployed the SDVI Rally Platform along with TMT Insights Polaris to modernize media supply chains

TV Tech · Apr 13, 2023

New chairman at the wheel for Toyota Thailand

Kalin Sarasin has been appointed as new chairman of the board of directors at Toyota Motor Thailand, replacing Ninnart Chaithirapinyo.

Bangkok Post · Apr 9, 2023

Mass Murder on the High Seas

When video of a grisly shooting on a fishing boat circulated online, one determined investigator went on a quest for justice

The Walrus · Nov 4, 2022