BENGALURU (Reuters) – Shares of Wipro Ltd fell 6.8% on Wednesday, a day after the software services firm posted quarterly organic revenue growth that was lower than peers and disappointed some investors with its plans to revive growth.
Chief Executive Officer Thierry Delaporte, who took the helm in July, said on Tuesday Wipro would focus more on large deals and “prioritize the markets and sectors that are relevant,” without giving more details.
The commentary let down some investors who were hoping for more concrete steps from a company that has underperformed its rivals in the recent past.
“The strategic roadmap from the CEO to revive growth was not as strong as it was expected to be,” IDBI Capital research analyst Urmil Shah said.
Wipro also saw a decline in revenue from its key markets of the Americas and Europe in the second quarter as clients cut
Paul Palmieri was looking at various direct-to-consumer startups as possible investments for his venture capital fund when he decided the e-commerce economics didn’t add up.
“I definitely saw a lot of opportunity to invest in direct to consumer brands, but every time we would get close, we would look at it and say, gosh, the numbers are somewhat broken,” he said.
While the sales potential is great, the fees brands pay to what Palmieri calls the ecosystem of e-commerce enablers—for advertising, for keywords, for warehousing, for fulfillment—are destroying margins.
So instead of investing in a DTC brand, Palmieri decided to invest in starting a company that would help brands large and small master the new math of e-commerce.
The company, Tradeswell, emerged from stealth mode last week after beta
When Brian Janous started at Microsoft in 2011 as a data center utility architect, he joined at a time when energy and sustainability issues were still nascent.
“I was the first person that was brought into the organization to work on energy and sustainability issues. This was back in the time when it … certainly wasn’t clear to me why a company like Microsoft even needed someone like me,” Janous told CNBC by phone.
“And the person that was hiring me, (said), ‘I really think this whole cloud thing is going to be a big deal. And I think energy is going to be really important to the future of our company.’ And he was clearly correct. Obviously, over the last several years, as the cloud has really exploded, energy and our environmental footprints have become increasingly important issues,” he added.
The U.S. government estimated that data centers in the
‘Ohana Health Plan and Samsung Donate Smartphone Devices to Healthcare Providers in Hawaii
KAPOLEI, Hawaii, Oct. 12, 2020
Donations make virtual care more accessible in rural and underserved communities
KAPOLEI, Hawaii, Oct. 12, 2020 /PRNewswire/ — Centene and Samsung Electronics America are working together to expand access to telehealth for individuals and families living in rural and underserved communities. ‘Ohana Health Plan, as part of the Centene family, will be deploying this initiative in Hawaii by supplying local healthcare providers with Samsung Galaxy A10e smartphones to distribute to patients who would not otherwise have access to healthcare services virtually.
As of mid-July, a CDC survey found that 44.4% of respondents reported delaying or not receiving care
Oct. 12 (UPI) — The planned launch of a private commercial airlock to the International Space Station in November will accelerate NASA’s plan to turn the International Space Station into a hub of private industry, space agency officials said.
The commercialization plan also includes the launch of a private habitat and laboratory by 2024 and a project NASA Administrator Jim Bridenstine announced on Twitter in May in which actor Tom Cruise will film a movie in space.
The 20-year-old space station may even have a private citizen on board again for the first time in years in late 2021, according to Phil McAlister, NASA’s director of commercial spaceflight. It’s part of a plan to wean the space station off of NASA’s public funding, which has been $3 billion to $4 billion per year.
“We expanded the scope and range of activities that can be done on ISS,” McAlister said in
Instagram & Plan International Team Up With Girl Activists To Address Online Harassment
NEW YORK, Oct. 11, 2020
After landmark survey by Plan International points to unchecked online harassment, social media platform will work with girls’ rights organization to kick off a series of listening sessions with girl activists around the world, which will inform work across Facebook properties.
NEW YORK, Oct. 11, 2020 /PRNewswire/ — Instagram will hear from a global panel of girl activists on how the platform can address online harassment, in collaboration with Plan International.
Insights will also be shared with Facebook and WhatsApp as part of this initiative.
Plan’s Listening Sessions, which are being announced on International Day of the Girl [October 11, 2020], will feature a diverse group of 15 youth activists.
The Listening Sessions will give policy and product teams from Instagram — as well
When is the last time the overtime you received was more than your salary? Check to see what public employees earned in overtime now on Data.MyCentralJersey.com.
Bridgewater Courier News
Matthew Hartzler, Arthur L. Johnson High School senior, recently earned a merit scholarship with a value of $30,000 per year through the Rensselaer Polytechnic Institute Medal Program. The Rensselaer scholarship is awarded to outstanding math and science students.
Matthew Hartzler, Arthur L. Johnson High School senior and scholarship recipient. (Photo: ~Courtesy of Clark Public School District)
According to Rensselaer, a university based in Troy, New York, the medal was ”first presented in 1916 with two purposes: to recognize the superlative academic achievement of young men and women, and to motivate students toward careers in science, engineering, and technology.”
School Counselor Molly Cusick stated, “Matt is a very hard-working student that always looks to take on new challenges, both academically
See below for video of Thomas Jefferson High School for Science and Technology (“TJ”) alumni speaking in support of the TJ Merit Lottery Plan. For some background on this issue, see As People Across America Protest Racial Inequity, #1 Public High School in the Country (“TJ” in Fairfax, VA) Just Admitted ZERO African Americans [UPDATED]; Thomas Jefferson High School Alumni Action Group Endorses Merit Lottery System for “TJ” Admissions;Loudoun County School Board Sends Letter to Fairfax County School Board Expressing Concerns Over Changes to “TJ” Admissions Process; Audio: VA Secretary of Education Atif Qarni Argues for Changes in Admissions to Governor’s Schools to Increase Diversity; Says “It will only make these schools better”; WaPo Allows Torrent of Racist Comments in Article on Blacks, Latinos Being Underrepresented at Thomas Jefferson HS; etc.
Basically, the argument is that admissions to “TJ” should be based not on the “singular skill…of test taking”
WASHINGTON — The chair of the House space subcommittee says NASA has still not convinced her that the agency has a viable plan to return humans to the moon by 2024.
Speaking at a Wilson Center event Oct. 6 about the geopolitics of space, Rep. Kendra Horn (D-Okla.) said she was waiting to see a plan from NASA that explained how the agency’s Artemis program could meet its goal of a human return to the lunar surface in four years.
“We still haven’t seen a plan that shows us we can get to the moon on the 2024 schedule,” she said, including the ability of NASA to manage “multiple, simultaneous, large” development programs and the various demonstrations leading up to that crewed landing.
Such a plan was an element of a NASA authorization bill that she introduced in January with other leaders of the House Science Committee from both parties.