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Cadence Design Systems Boosts 2025 Revenue and Profit Forecasts Amid AI Boom

Cadence Design Systems has increased its 2025 revenue and profit projections, indicating strong demand for its semiconductor design software as artifi

Cadence Design Systems has increased its 2025 revenue and profit projections, indicating strong demand for its semiconductor design software as artificial intelligence AI grows. After predicting $5.14 billion and $5.22 billion in sales, the corporation now projects between $5.15 billion and $5.23 billion. The forecasted adjusted profit per share will be between $6.73 and $6.83, which is higher than the previous range of $6.65 to $6.75. Concerns about diminishing revenue from China due to trade tensions have affected investor sentiment despite the companys impressive performance, which included firstquarter revenue of $1.24 billion and adjusted profit of $1.57 per share. Because of its emphasis on R&D expenditures, Cadence is wellpositioned to manage global uncertainty and maintain growth. Read More..

B2B Tech News | 25 days ago        

Piyush Goyal Advances IndiaUK Trade Talks During London Visit

Union Commerce and Industry Minister Piyush Goyal is in London to improve commercial and investment relations between India and the UK. He met with Re

Union Commerce and Industry Minister Piyush Goyal is in London to improve commercial and investment relations between India and the UK. He met with Revolut Chairperson Martin Gilbert to discuss Indias fintech possibilities and with De Beers Group CEO Al Cook to look into gem and jewellery industry opportunities. Goyal also discussed cooperation for mutual success with an Indian business delegation. He also discussed moving the Free Trade Agreement FTA negotiations forward with Jonathan Reynolds, the UK Secretary of State for Business and Trade. Indias dedication to strengthening economic ties with the UK is demonstrated by this visit, which covers important areas like trade agreements, fintech, and jewellery. Read More..

B2B Tech News | 25 days ago        

IBM Pledges $150 Billion to Strengthen U.S. Tech and Quantum Computing

Over the next five years, IBM plans to invest $150 billion in the US, of which more than $30 billion will go towards research and development. By supp

Over the next five years, IBM plans to invest $150 billion in the US, of which more than $30 billion will go towards research and development. By supporting the production of mainframe and quantum computers, this programme seeks to further establish IBM as a pioneer in cuttingedge computing and artificial intelligence. Following similar pledges by firms like Apple and Nvidia, the funding supports initiatives to increase technical innovation and economic growth in the United States. Arvind Krishna, the CEO of IBM, highlighted the companys commitment to American manufacturing and jobs while emphasising its role in propelling worldwide computer breakthroughs. This action demonstrates IBMs dedication to preserving its competitive advantage in the quickly changing technology sector. Read More..

B2B Tech News | 25 days ago        

Deutsche Bank Reports Best Quarterly Profit in 14 Years with €1.78 Billion

Deutsche Banks firstquarter profit increased 39% year over year, primarily due to the companys investment banking divisions impressive performance. In

Deutsche Banks firstquarter profit increased 39% year over year, primarily due to the companys investment banking divisions impressive performance. In contrast to experts forecast of €1.64 billion, net profit attributable to shareholders increased to €1.78 billion $2.03 billion. Fixedincome and currency trading revenue increased by 17%, but origination and consulting revenue decreased by 8%. The banks leveraged finance division also saw a writedown of €90 million. The results, which show efficient cost control and revenue growth, align with Deutsche Banks 2025 goals, according to CEO Christian Sewing. This is the banks highest quarterly profit in 14 years, demonstrating how well its Global Hausbank strategy works. Read More..

B2B Tech News | 25 days ago        

DRC and Rwanda Sign U.S.Brokered Peace Agreement to Stabilize Eastern Congo

In Washington, Rwanda and the Democratic Republic of the Congo DRC inked a deal mediated by the United States to promote economic growth and peace in

In Washington, Rwanda and the Democratic Republic of the Congo DRC inked a deal mediated by the United States to promote economic growth and peace in eastern Congo. The agreement, which was signed by the foreign ministers of the two nations in front of U.S. Secretary of State Marco Rubio, aims to resolve a longrunning conflict that has been made worse by the M23 rebel groups comeback. Mutual respect for sovereignty, an end to hostilities, and regional economic integration are all emphasised in the accord. Another goal is U.S. investments in Congos abundant mineral resources, such as copper, cobalt, and lithium. This effort is a diplomatic attempt to restore bilateral ties and stabilise the area. Read More..

B2B Tech News | 25 days ago        

IndiaNetherlands Talks Strengthen Trade Ties, Exports Hit $22.76 Billion

During Commerce Secretary Sunil Barthwals visit to The Hague, talks have been held to strengthen trade and investment relations between India and the

During Commerce Secretary Sunil Barthwals visit to The Hague, talks have been held to strengthen trade and investment relations between India and the Netherlands. The main discussion topics were strategic economic cooperation and collaboration through the Joint Trade and Investment Committee JTIC. While imports totalled over $5 billion in 2024–2025, Indias exports to the Netherlands increased by 1.75% to $22.76 billion. Cooperation in entrepreneurship, technology sharing, and growing startup alliances were also covered during the visit. As Indias top European destination for merchandise exports, the Netherlands, this programme highlights the two countries expanding economic ties. Read More..

B2B Tech News | 25 days ago        

Totvs Enters Exclusive Talks to Acquire Linx, Strengthening Software Portfolio

A significant milestone in its expansion strategy has been reached with the signing of an exclusivity agreement by Brazilian software company Totvs to

A significant milestone in its expansion strategy has been reached with the signing of an exclusivity agreement by Brazilian software company Totvs to negotiate the acquisition of Linx, a division of StoneCo. Before StoneCos successful proposal in 2020, Totvs had attempted to purchase Linx but had withdrawn from the competitive process in February. Both parties may move forward at their discretion under the exclusivity agreement, provided the authorities approve it. The acquisition would improve Totvs standing in the software solutions market, especially in the manufacturing, agro, and retail industries. Totvs dedication to strengthening its market position and utilising Linxs retail software experience is demonstrated by this development. Read More..

B2B Tech News | 25 days ago        

World Bank Economist Warns of Rising Debt Crisis in Emerging Markets

Indermit Gill, the chief economist at the World Bank, has expressed concerns about growing debt levels and slow development in developing nations, whi

Indermit Gill, the chief economist at the World Bank, has expressed concerns about growing debt levels and slow development in developing nations, which are made worse by trade uncertainty brought on by U.S. tariffs. Gill stressed that, at a rate double that of 2024, half of the 150 emerging nations either have difficulty repaying their debt or are in danger of going into distress. He asked these countries to lower their tariffs to promote trade and economic stability. Regarding trade concerns, the IMF reduced its 2025 global growth projections to 2.8%. Gill warned that high debt servicing costs restrict investments in healthcare and education, emphasising the need for immediate action to solve these issues. Read More..

B2B Tech News | 25 days ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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