Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company--s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.--

Alexey Ivasyuk, CEO & CTO According to the Food and Agriculture Organization of the United Nations, more than 30 per cent of all food produced globally is never eaten. The value of this wasted resource is worth over a trillion dollars. The causes of the aforementioned food wastage are numerous and occur at various stages of the supply chain--handling and storage, to name a few--but primarily due to absence in coordination among suppliers, retailers, and buyers. Also, ineffective food demand forecasts are one of the major causes of food waste even before you buy it in a store. "An efficient supply chain between suppliers and buyers, not only reduces food waste but also increases cash flow," says Alexey Ivasyuk, CEO and CTO of MySales Labs, while addressing the inadequacies of collaborations among various dealers, merchants, and sellers.

Palo Alto Networks on Wednesday announced the acquisition of IoT security firm Zingbox for $75 million in cash, and made public its financial results for the fiscal year 2019. Zingbox provides a cloud-based lifecycle management solution that uses AI and machine learning technologies to identify, secure and optimize devices.

I'm publishing this series to discuss a topic that I follow closely - cloud stocks, trends, strategy, acquisitions, and more. Please subscribe to my Cloud Stock Analysis series and never miss an article. Quickbooks's parent company Intuit (NASDAQ: INTU) recently reported its fiscal fourth quarter results that outpaced market expectations. The stock has climbed nearly 50% this year, and growth doesn't appear to be slowing down. Intuit's fourth quarter revenues grew 15% over the year to $994 million, significantly ahead of the market's expectations of $961 million.

It will be the first time that Blackberry's QNX platform will be integrated with Cylance's artificial intelligence technology. Blackberry and Jaguar Land Rover have announced that they will work together to develop new autonomous vehicles using artificial intelligence (AI) and machine learning technologies. The two companies will use Blackberry's QNX operating system and Blackberry Cylance to develop a range of capabilities to bolster vehicle safety, including predictive software maintenance and cyber threat protection, in Jaguar Land Rover's next-generation vehicle architecture. Under the partnership, Blackberry will also help Jaguar Land Rover identify potential security vulnerabilities found in connected and autonomous vehicles. "BlackBerry is a trusted partner of the automotive industry because of our heritage and innovations in secure communications," Blackberry CEO John Chen said.

Palo Alto has inked a definitive agreement to acquire Internet of Things (IoT) start-up Zingbox for $75m (£60.8m). San Francisco-based Zingbox was established in 2014 and had raised $23.5m in funding rounds prior to its purchase by the security vendor. It is the second acquisition of 2019 for the vendor after it splashed out $560m for Israeli start-up Demisto . Palo Alto stated that it will incorporate Zingbox's artificial intelligence (AI) and machine-learning capabilities into its own Firewall and Cortex platforms.

Technology company Continental has acquired a minority stake in Israeli start-up company Cartica AI. Cartica AI develops software in the field of artificial intelligence (AI). The solutions from Cartica AI are designed to accelerate machine learning in the field of object recognition. In the future, automotive systems for automated and autonomous driving will be able to adapt to and handle new traffic situations more quickly. The parties have agreed not to disclose the investment amount.

Xero has bolstered its machine learning capabilities for document processing and extraction using technology from Hubdoc, a company that the cloud accounting firm acquired last year for $70 million. According to Xero, the new machine learning capabilities means advisors will have access to more accurate information, gain deeper understanding of financial health, and the flow of data will become more automated. Xero added it is working with advisors to pilot a short-term cash flow tool that uses data and advanced statistical methods to provide small businesses with a 30-day view of artificial intelligence (AI)-powered cash flow predictions, including impact of existing bills and invoices. In addition, the company has introduced single sign-on, touting it as making it easier for developers to build on the Xero platform, onboard new users, and integrate Xero with certified third-party apps. Updates to the Xero Advisor Directory using geo-targeting have also been made, the company said during Xerocon Brisbane 2019, noting the technology will make it easier for small businesses to find a local accountant or bookkeeper and onboard new clients.

Adcore Inc. (ADCO:TSX.V), the developer of machine-learning powered advertising technologies, reported record second quarter financials, including an increase in revenue growth of 53% year over year. Adcore uses artificial intelligence (AI) algorithms to automate online search and shopping advertising and is used by digital agencies and advertisers to enhance and maximize search engine marketing. The company also announced two major contracts for online advertising, one with the Israeli Government Advertising Agency for CA$125 million over five years, and the second with Experience Oz, Australia and New Zealand's number one site for travel experiences, with an online advertising budget of up to CA$5 million per year. "Our growth continues to outpace the market and our competitors, with yet another record quarter of revenue and earnings,-- said Omri Brill, Adcore's CEO. "Our outlook for the second half of the year, historically the stronger half of the year, remains extremely bullish and we expect to make several exciting announcements over the coming months to drive shareholder value." The firm has developed three sets of tools to assist advertising agencies and advertisers with digital media marketing. Ben Mann, founder and director of Experience Oz, stated, "Adcore is the perfect partner to take our search and shopping to the next level.

Toyota Motor Corp. and Suzuki Motor Corp. are strengthening their alliance by taking stakes in one another, seeking to bolster their position as the auto industry shifts further toward electrified and self-driving cars. Japan's biggest automaker will acquire about 5 percent of Suzuki shares for about ¥96 billion ($907 million), while Suzuki will get a smaller holding valued at about ¥48 billion in Toyota, the automakers said in statements Wednesday. That is equivalent to 0.2 percent of Toyota's shares as of Wednesday's closing price, before the announcement. The move builds on ties established in 2017 between the two carmakers and is aimed at expanding their collaboration to keep up with technological advances sweeping through the transportation industry, from on-demand rides to cars that are no longer powered by fossil fuels. For Toyota, the alliance provides access to Suzuki's expertise in India, which is on track to overtake Japan and become the third-largest vehicle market in the world.