Industry News

Infosys Ltd. has become the latest Indian IT services company to set up a joint venture with a local company in Saudi Arabia to tap local customers in the Kingdom. Infosys is investing $321,671 or Rs21.2 million for a 70 percent stake in the JV with Saudi Prerogative Company to tap local IT service business, the company said in a statement to the stock market. The deal is subject to approval from the Saudi Arabian General Investment Authority, Business Standard..."/>
IT giant Infosys sets up joint venture in Kingdom [Arab News, Jeddah, Saudi Arabia]
Microsoft's lawsuit against the U.S. government that contends a procedure used by federal investigators to collect digital data is unconstitutional., Google, Apple, Box, LinkedIn and other tech giants banded together to support Microsoft, saying law enforcement must notify people and organizations..."/>
Long list of groups backs Microsoft in case involving digital-data privacy [The Seattle Times]
Suncrest Bank, based in Visalia and established in 2008, and Fresno-based Security First Bank jointly announced an agreement for a cash-and-stock deal valued at about $18.1 million. Suncrest Bank is getting a cash infusion of $5.6 million from the sale of stock to an investment partnership to support not only..."/>
Suncrest to absorb Security First Bank in $18.1 million merger [The Fresno Bee]
Facebook data center in Los Lunas has mostly centered on the potential economic impact of bringing the social media giant to New Mexico. But some say an equally exciting aspect of the project is the "green rider" contained in a contract between Facebook and the state's largest utility. "It's a good, balanced model for how other companies could come into this state and have all their energy needs provided by renewables," said..."/>
Facebook or no, some say alternative energy plan could benefit NM [Albuquerque Journal, N.M.]
Park City Group, Inc., a cloud-based software company that uses big data management to help retailers and their suppliers‘ Sell more, Stock less and See everything’, today announced that the Company plans to release earnings results for its fiscal fourth quarter and full year 2016 after the Market closes on Wednesday, September 7, 2016. Randall K. Fields, Chairman and CEO, will host a conference call at 4:15 P.M. Eastern that day to discuss the Company’ s..."/>
Park City Group, Inc. Schedules Fiscal Fourth Quarter and Full Year 2016 Earnings Conference Call and Webcast
>RELATED: Financial firm plans to move to downtown Springfield, add 400 jobs."/>
Financial company sees future in technology, downtown Springfield [Dayton Daily News, Ohio]
EF Hutton America's decision to move to downtown could boost other downtown businesses, provide jobs for local college graduates and signal that Springfield's economy is finally improving, local leaders said Friday. The financial firm, which will make its headquarters in Springfield, said it will bring at least 400 jobs downtown over the next several years. On Friday, local officials unveiled a sign to officially change the name of the former Credit Life Building to the..."/>
EF Hutton America move to Springfield 'catalytic moment' for resurgence [Dayton Daily News, Ohio]
Chicago Tribune Rex Huppke column [Chicago Tribune]
Nvidia's new triangular-shaped headquarters, inspired by the company's work in computer graphics, is a rare sight in the sea of rectangular office parks scattered throughout the Bay Area. "It's easy to look at the building right now and think it's an object, but we're really designing an experience," said Hao Ko, principal design director at Gensler, the architecture firm working on Nvidia's headquarters. "We're not designing our father's office.""/>
Silicon Valley architecture: Apple, Google, Facebook lead the way [Mercury News]
Baker Hughes shows. The latest additions brought the total number of rigs active in the region to 202. Nationally, the oil and gas rig count increased by eight to 497."/>
BRIEF: Permian Basin gains three rigs; U.S. count rises by eight [Odessa American, Texas]

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