May 17, 2024Ecommerce companies use AI models for virtual try-on, personalized recommendations, language understanding, browsing history tracking, profile details analysis, vernacular language support, spell error correction, transliterated usages support, query classification, facial analysis for cosmetics suggestions, outfit suggestions based on skin tone, virtual assistant features, and product assistance to enhance the customer experience.
Nomura buys 2.7% in Cognizant, sparks speculation about return of activist investor
May 17, 2024Cognizant's stock surged on Nasdaq as speculation of an activist investor's return grows. Nomura Holdings acquired a significant stake, becoming a major shareholder. The board's resistance to granting special meeting authority reflects a defensive stance against short-term activism.
How IT companies are pressing staff to return to office
May 15, 2024IT companies are implementing strategies to encourage workforce return to the office. Cognizant, TCS, Dell, Wipro, and Infosys have introduced various measures. Cognizant's CEO launched a compliance app, while TCS links pay to office presence. Dell tracks employees, Wipro enhances collaboration, and Infosys offers work-from-home options.
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