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Iran and IAEA Sign Cairo Agreement to Resume Nuclear Inspections

Resuming inspections of Iranian nuclear sites is part of a new deal agreed in Cairo between Iran and the International Atomic Energy Agency IAEA. The

Resuming inspections of Iranian nuclear sites is part of a new deal agreed in Cairo between Iran and the International Atomic Energy Agency IAEA. The agreement comes after months of high tensions, which included U.S. airstrikes on Iranian nuclear targets in June and a 12day conflict with Israel. Iran has since ceased all cooperation with the IAEA, restricting inspections to the Bushehr facility. Iran has an unconfirmed nearbombgrade stockpile, which has alarmed the IAEA. By hosting discussions between Iranian and IAEA officials, Egypt performed a crucial mediation role. The pact, which is a delicate but crucial step towards reestablishing oversight and reducing geopolitical tension, comes as European sanctions on Iran for violating the 2015 nuclear agreement have been extended. Read More..

B2B Tech News | 1 days ago        

U.S. and China Near TikTok Deal as Trade Concessions Enter the Equation

According to investor Louis Bessent, the U.S. and China are allegedly close to reaching an agreement about TikToks future, although completion may dep

According to investor Louis Bessent, the U.S. and China are allegedly close to reaching an agreement about TikToks future, although completion may depend on further extensive trade concessions. By signing the deal, TikTok may be spared a complete ban and be able to continue operating in the United States under more stringent data governance and transparency regulations. According to Bessent, China can ask for a reciprocal relaxation of export restrictions on technology or tariffs. Citing national security concerns, the Biden administration had earlier urged ByteDance to sell off TikToks U.S. business. A move towards negotiated digital diplomacy in the face of escalating tensions is reflected in this possible agreement. Any settlement, according to analysts, will probably alter the dynamics of U.S.China trade more broadly and establish a precedent for future crossborder tech regulation. Read More..

B2B Tech News | 1 days ago        

Microsoft Backs OpenAI Restructuring in New NonBinding Agreement

According to Reuters, OpenAI and Microsoft have negotiated a nonbinding agreement that permits OpenAI to reorganise its operations and governance. Thr

According to Reuters, OpenAI and Microsoft have negotiated a nonbinding agreement that permits OpenAI to reorganise its operations and governance. Through the agreement, OpenAI can change its board and organisational structure without jeopardising its current alliance with Microsoft, which has contributed more than $13 billion. The action comes after OpenAIs internal conflicts and leadership changes, which sparked demands for greater autonomy and openness. Microsoft will continue to use OpenAIs models in its Azure and Copilot products and maintain access to them. The deal, according to analysts, is a strategic reset that will allow OpenAI to develop while maintaining its business relationships. In light of the increasing competition in the AI market, the reorganisation may potentially open the door for more extensive partnerships and lessen dependency on a single business partner. Read More..

B2B Tech News | 1 days ago        

EU and U.S. Maintain $81B in Trade with Russia Despite Sweeping Sanctions

The United States and Europe continue to trade billions of dollars with Russia in spite of broad sanctions, especially in industries that are not subj

The United States and Europe continue to trade billions of dollars with Russia in spite of broad sanctions, especially in industries that are not subject to embargoes. In 2024, the United States imported $9 billion worth of industrial goods, metals, and chemicals from Russia, compared to $72 billion for the EU. Trade has continued because of exemptions and loopholes, particularly for essential raw materials. While American corporations rely on Russian titanium for aircraft, European companies point to supply chain dependencies. This, according to critics, jeopardises attempts to isolate Moscow over its conflict in Ukraine. In the meantime, Russia has lessened the impact of Western prohibitions by shifting exports to Asia and Latin America. A complicated web of economic interconnection is revealed by the statistics, casting doubt on the efficacy of the sanctions regimes in place. Read More..

B2B Tech News | 1 days ago        

Sweden Deepens Trade Ties with India, Spotlighting Green Tech and AI

The "Time for Sweden" event in New Delhi highlighted Swedens increased trade and innovation collaboration with India. In India, more than 280 Swedish

The "Time for Sweden" event in New Delhi highlighted Swedens increased trade and innovation collaboration with India. In India, more than 280 Swedish businesses employ 220,000 people directly and 2.2 million indirectly. They are also making increasing investments in manufacturing, digitalisation, and green technology. In Sweden, where FDI from India has increased 191% in just five years, Indian companies such as TCS and Bharat Forge are also growing. Green hydrogen, artificial intelligence, space technology, life sciences, and 5G/6G are important areas of collaboration. With tech companies like Spotify and Storytel joining traditional companies like SKF and Volvo, Western India continues to be a centre for Swedish business. Shared objectives in sustainability, innovation, and longterm economic benefit are reflected in the relationship. Read More..

B2B Tech News | 1 days ago        

Trump Urges EU to Impose 100% Tariffs on China, India Over Russian Oil Ties

In an effort to put pressure on Russia to halt its war in Ukraine, U.S. President Donald Trump has called for the European Union to slap 100% tariffs

In an effort to put pressure on Russia to halt its war in Ukraine, U.S. President Donald Trump has called for the European Union to slap 100% tariffs on China and India. In a virtual meeting with U.S. and EU officials, Trump made the idea and said that the U.S. would only take action if Europe joined. The action targets the ongoing imports of Russian oil by China and India. Citing similar concerns, Trump increased duties on Indian goods to 50% last month. Trump called Indian Prime Minister Narendra Modi a "very good friend" and voiced confidence about trade negotiations with him despite the concerns. Modi gave a positive response, highlighting the possibilities of the alliance between the United States and India. In the midst of geopolitical unrest, the plan adds another level of friction to global trade. Read More..

B2B Tech News | 1 days ago        

Alibaba to Raise $3.2B via Convertible Bonds to Fuel Cloud and AI Growth

Alibaba intends to use a convertible bond issue to generate $3.2 billion in order to boost its cloud computing business. The action is in line with Al

Alibaba intends to use a convertible bond issue to generate $3.2 billion in order to boost its cloud computing business. The action is in line with Alibabas strategic shift into corporate services and AI infrastructure in the face of growing competition from Tencent and Huawei. The money raised will go towards expanding data centres, developing new products, and breaking into international markets. The bonds, which are due in 2030, are attractive to longterm investors because they have low interest rates and the possibility of equity conversion. With the growing demand for generative AI and hybrid cloud solutions, analysts see the offering as a statement of trust in Alibaba Clouds profitability and scalability. The fundraising also aids Alibaba in diversifying its sources of funding while preserving its adaptability in a tech environment that is characterised by shifting regulations and unpredictability in the global economy. Read More..

B2B Tech News | 1 days ago        

Perplexity Valued at $20B After Latest Funding Round, Eyes Enterprise Expansion

The Information reports that Perplexity has completed a fundraising round, valuing the AI business at $20 billion. Perplexity, a competitor to establi

The Information reports that Perplexity has completed a fundraising round, valuing the AI business at $20 billion. Perplexity, a competitor to established search platforms, has quickly acquired popularity thanks to its conversational search engine. With the additional funding, the business intends to improve its AI capabilities, such as multimodal search and realtime data integration, and broaden its enterprise solutions. Investors are placing bets on Perplexitys ability to upend the search industry with generative AIpowered, quicker, and more understandable results. In the face of escalating competition from IT giants, the price underscores the growing hunger of investors for AInative platforms. Perplexity has a strategic advantage in the changing information ecosystem, according to analysts, because of its emphasis on openness and citationbased responses. Read More..

B2B Tech News | 1 days ago        



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