Industry News

Accenture reveals that artificial intelligence could double annual economic growth rates by 2035 by changing the nature of work and spawning a new relationship between man and machine. The impact of AI technologies on business is projected to boost labor productivity by up to 40 percent by fundamentally changing the way work is done and reinforcing the role of people to drive growth in business. This Smart News Release features..."/>
Artificial Intelligence Poised to Double Annual Economic Growth Rate in 12 Developed Economies and Boost Labor Productivity by up to 40 Percent by 2035, According to New Research by Accenture
Nokia announced that its Board of Directors has resolved on a directed issuance of a maximum amount of 1 673 282 Nokia shares held by the company to Nokia employees participating in the Employee Share Purchase Plan 2015. The savings period of the Employee Share Purchase Plan 2015 ended on June 30, 2016. Under the terms and conditions of the plan, Nokia will offer one matching share for every two shares purchased under the plan which the participant still..."/>
Nokia Board of Directors resolved on a directed share issuance to Nokia employees participating in the Employee Share Purchase Plans 2015 and 2016
DH Corporation, a leading provider of technology solutions to financial institutions globally, today announced that Gene Neyer, Group Leader, Payments, Industry& Regulatory Product Management, D+ H, and Eran Vitkon, Payments, Platform& Cross Product Management Lead, D+ H, will deliver a presentation at Sibos 2016 titled "Real-time Payments: Making Payments Faster," on September 28 at 4:00 p.m. local Geneva time at the D+ H booth F70."/>
D+H to Present on Real-time Payments at Sibos 2016
Infosys, a global leader in consulting, technology and next-generation services, today announced the launch of Skava Commerce, a modern, mobile-first and modular e-commerce platform that delivers engaging omni-channel experiences. Skava, a Silicon Valley based e-commerce startup acquired by Infosys, developed Skava Commerce to..."/>
Infosys Launches Skava Commerce, a New Standard for Modern, Mobile-first and Modular E-commerce Platforms
Infosys, a global leader in consulting, technology and next-generation services, today announced the launch of Skava Commerce, a modern, mobile-first and modular e-commerce platform that delivers engaging omni-channel experiences. Skava, a Silicon Valley based e-commerce startup acquired by Infosys, developed Skava..."/>
Infosys Launches Skava Commerce, a New Standard for Modern, Mobile-first and Modular E-commerce Platforms
Baidu, Inc., the leading Chinese language Internet search provider, today announced that it is the lead investor in a new USD $60 million Brazil-based investment fund named "Easterly Ventures". Easterly Ventures will focus on providing funding, technology, local traffic and industry expertise for Brazilian tech startups, with the goal of building a robust mobile service ecosystem in Latin America. Baidu announced its investment during an event in São..."/>
Baidu Leads $60 Million Investment to Establish Brazil-Based Investment Fund 'Easterly Ventures'
Cisco Systems and head of Dell India's research and development--as a general partner. "I have been an angel investor and advisor to venture..."/>
YourNest launches second fund with Rs300 crore corpus [Mint, New Delhi]
Epiq Systems Inc. on Tuesday approved the company's $1 billion buyout that will lead to its merger into a rival company. The buyers are OMERS Private Equity, which is the investment arm of the OMERS pension plan in Ontario, Canada, and investment funds managed by New York-based Harvest Partners LP. They're paying $16.50 a share for Epiq, which provides electronic discovery, software and other services to law firms."/>
KCK-based Epiq's shareholders take $1 billion buyout, trigger merger [The Kansas City Star]
Facebook we can meet you here on a certain day if you see something that you want to come try on or just have to have right now," said Cox, the store's manager."/>
Boutique opens in Green Acres Building [St. Joseph News-Press, Mo.]
Facebook page, stating matter-of-factly: "Public Service Announcement: We've closed our location at 2928 N. Broadway.""/>
BRIEF: The Budlong closes Lakeview location [Chicago Tribune]
Microsoft thinks it may have found the solution to the demise of Moore's Law. The maxim, named for Intel co-founder Gordon Moore, held that the number of transistors in a microchip would double about every year or two, making the brain behind computers more powerful and less expensive. That phenomenon held for five decades, and with a bit of help from inflation meant that by 2000, instead of just a calculator, $1,000 bought a laptop computer capable of handling..."/>
Microsoft opens a gate to powerful computing [The Seattle Times]
Sanomedics, by lying that former Apple and Pepsi CEO John Sculley, Miami-based IVAX Corp. Chairman Phillip Frost and "Dog Whisperer" Cesar Millan were big investors or representatives,..."/>
FBI busts Miami Lakes boiler room operators in alleged $23 million scam [The Miami Herald]

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