Cognizant acquires Microsoft cloud partner company New Signature

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Mumbai: Technology services provider Cognizant on Tuesday said that it will acquire Microsoft cloud partner company New Signature. The transaction is expected to close in the third quarter of 2020. Financial details were not disclosed. New Signature is a Microsoft public cloud transformation service provider. According to Cognizant, the acquisition expands the company’s hyperscale cloud … Read more

Dow, S&P 500 fall on fears over virus resurgence but Nasdaq ends at record high

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The S&P 500 and Dow dropped on Thursday as investors worried about another round of business shutdowns to contain a surge in coronavirus cases and began to shift their focus to earnings, while the Nasdaq hit another record closing high. The United States saw more than 60,000 new COVID-19 infections on Wednesday, setting a single-day … Read more