Indian IT giants positively contribute to U.S. job market despite U.S. visa review program

Indian IT companies have created and will continue to create U.S. jobs and positively contribute to the U.S. economy. India’s third largest software exporter clarified that more than half of its U.S. workforce consists of locals. Wipro’s statement comes in the wake of U.S. President Donald Trump asking federal agencies to review a visa program…

Auto parts industry evolves with the coming of age of self-driving cars

Auto parts suppliers are set to play a key role in smart cars. Here’s how… Although the instrument panel on your gas guzzling new car sports sleek digital gauges with multicolored screens, a peek behind the electronics that keep everything together reveals a rat’s nest of components crammed together to get everything going. Auto suppliers,…

Computer worm leaves a trail of disruption in its wake across the globe

It is surprising how many world class businesses still use Microsoft’s Windows XP operating system, one that is totally outdated, in their core production facilities. The major cyberattack that left a wreck in its wake, including halting the operations of Cadbury’s chocolate plans in Australia, crippling the computers of port operator Maersk, is believed to…

Lloyd’s report underscores the slow burn effect of cyberattacks

While many pages have been written on the direct effect of cyberattacks, Lloyd’s report, prepared with inputs from KPMG and DAC Beachcroft, highlight the slowburn aspect of cyberattacks. On Wednesday, Lloyd’s of London has stated in a report that businesses in Europe have underestimated the “slow-burn” effects of cyberattacks. Business across the European Union need…

Raytheon’s cyber security unit could come out with an IPO

With cyber security increasingly gaining prominence in the wake of growing threats from Chinese and Russian hackers, a separate listing for Forcepoint has potential. In an interview published on Sunday, German business daily Boersenzeitung reported, Raytheon could potentially come out with an IPO for its cyber security unit. “Raytheon has undertaken that Forcepoint will achieve…