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AT&T Completes Divestiture of Cybersecurity Arm, Launches LevelBlue Joint Venture

With the formation of a joint venture called LevelBlue, which will specialise in managed cybersecurity services and employ over 1,000 people across te

With the formation of a joint venture called LevelBlue, which will specialise in managed cybersecurity services and employ over 1,000 people across ten countries, AT&T has completed the spinoff of its cybersecurity services division. Under the direction of Robert McCullen, LevelBlue unifies the managed service and cybersecurity consulting divisions of AT&T with the resources obtained from the 2018 acquisition of AlienVault. McCullen highlights LevelBlues dedication to cybersecurity in contrast to AT&Ts emphasis on 5G and fibre. In addition to enabling LevelBlue to customise services and take advantage of market demand for enhanced security services, the move attempts to lower AT&Ts debt. Through collaborations and research, LevelBlue aims to strengthen its market position and tackle changing cybersecurity concerns. Read More..

B2B Tech News | 17 hours ago          

Airbus Records Strong April Deliveries with 13% YearonYear Growth

Airbus reported 61 aircraft delivered in April, a 13% increase over the same time in the previous year. With this, there have been 203 deliveries made

Airbus reported 61 aircraft delivered in April, a 13% increase over the same time in the previous year. With this, there have been 203 deliveries made this year. Notably, during the month, 51 A321neo aircraft were ordered by an unidentified airline. IAG, the owner of British Airways, also rearranged five of its narrowbody aircraft throughout the firm. Thus far this year, Airbus has sold a total of 227 aircraft this number rises to 222 when the conversions within the order book of the IAG airline group are taken into account. Read More..

B2B Tech News | 1 days ago          

Wayve Secures $1.05 Billion Investment Led by SoftBank for SelfDriving Technology

Wayve, a British business developing selfdriving technology, has raised $1.05 billion in a fundraising round headed by SoftBank Group. Other contribut

Wayve, a British business developing selfdriving technology, has raised $1.05 billion in a fundraising round headed by SoftBank Group. Other contributors include Nvidia and Microsofts current backer. With this, Wayve has secured over $1.3 billion, making it the most significant investment in a British firm with an AI emphasis. By enabling cars to handle erratic situations, Wayves Embodied AI technology seeks to hasten the shift to autonomous driving. Wayve intends to enhance its artificial intelligence AI with overtheair upgrades. It is now incorporated into six vehicle platforms, including electric cars like the Jaguar IPACE. The investment is a testament to Wayves creative problemsolving and increasing awareness of the difficulties associated with autonomous driving. Read More..

B2B Tech News | 1 days ago          

Apple Ventures into AI Chip Development with Project ACDC for Data Centers

According to reports, Apple is working on Project ACDC to build its processor for AI software in data centres. CEO Tim Cook voiced confidence in their

According to reports, Apple is working on Project ACDC to build its processor for AI software in data centres. CEO Tim Cook voiced confidence in their generative AI future. The chip is designed to make use of Apples server infrastructure design experience, with an emphasis on AI model inference as opposed to training. Years have passed while the project was being developed, and its formal announcement is still pending. Although final findings are still awaited, Apple and Taiwan Semiconductor Manufacturing Co. TSMC have worked together on chip design and manufacture. The business still needs to reply to a request for comment from Reuters. With this action, Apple indicates its deliberate investment in artificial intelligence, which might improve its skills in the data centre market. Read More..

B2B Tech News | 1 days ago          

Televisa to Merge Sky with Izzi in Strategic Consolidation Move

Televisa intends to combine its cable TV and internet provider, Izzi, with its satellite TV division, Sky, to streamline operations and save costs. Th

Televisa intends to combine its cable TV and internet provider, Izzi, with its satellite TV division, Sky, to streamline operations and save costs. The units new leader, Francisco Valim, plans to simplify customer service, sales channels, and geographies. The integration will likely occur mainly between April and June. By the third quarter of 2024, 400 million Mexican pesos will have been saved in operational expenditures. Televisas recent decision to purchase AT&Ts share of Sky demonstrates the companys commitment to the merger despite setbacks like Skys notable losses in video subscribers. By making this change, Televisa could profit in the first quarter and reverse earlier losses. Read More..

B2B Tech News | 10 days ago          

Philips Reaches $1.1 Billion Settlement in US Ventilator Recall Lawsuits

A $1.1 billion settlement has been reached between Philips and the United States government to address personal injury claims relating to the worldwid

A $1.1 billion settlement has been reached between Philips and the United States government to address personal injury claims relating to the worldwide recall of ventilators used to treat sleep apnea. While resolving litigation uncertainty, the settlement makes no admission of responsibility. The companys market worth has dropped significantly due to having to cope with the ventilator recalls fallout for three years. The recall was brought about by worries that the foam would degrade and provide a risk of cancer along with reporting firstquarter profits above analyst forecasts with an 8% growth in core profit and steady adjusted earnings, Philips has also agreed with insurers about pay. Order intake was impacted by slower sales in China, although there was still a significant rise in profit. Read More..

B2B Tech News | 10 days ago          

Apple to Unveil New iPad Pro with M4 Chip, Focused on AI Capabilities

With the upcoming release of the new iPad Pro, which will sport the M4 processor with an improved neural engine, anticipated later this year, Apple is

With the upcoming release of the new iPad Pro, which will sport the M4 processor with an improved neural engine, anticipated later this year, Apple is stepping up its AI hardware push. According to Mark Gurman of Bloomberg, Apples M4 processor will power the next iPad Pro and Macs, making it the companys main AIdriven gadget. Let Loose, an event on May 7 ahead of Apples Worldwide Developers Conference, offers a venue for the company to reveal its AI chip plan. Advanced capabilities are promised by the M4 processor with iPadOS 18s AI software and services. Although the A18 processor, which is AIfocused, is expected to be included in the iPhone 16 series, these goods arent AIdriven exclusively, which may be the result of a deliberate marketing strategy. Read More..

B2B Tech News | 10 days ago          

Google Announces $3 Billion Investment in Data Centers Across US

Owned by Alphabet, Google announced intentions to spend $3 billion building a data centre in Indiana and expanding its Virginia locations. Due to an i

Owned by Alphabet, Google announced intentions to spend $3 billion building a data centre in Indiana and expanding its Virginia locations. Due to an increase in artificial intelligencedriven demand for cloud computing, many IT companies are expanding the capacity of their data centres. Google plans to invest around $2 billion in the Fort Wayne, Indiana facility and another $1 billion in expanding its three current data centre campuses in Virginia. In addition, Google announced the creation of the $75 million Google AI Opportunity Fund, which will be used to collaborate with organisations and educational institutions to teach one million Americans from various backgrounds critical AI skills. Sundar Pichai, the CEO of Google, expressed enthusiasm about how these investments will help local communities and jobs in 26 US states. Read More..

B2B Tech News | 10 days ago          



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