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Tesla Shares Rise 5.6% as White House Schedules MuskTrump Call

According to sources, White House aides arranged a call between Elon Musk and President Donald Trump to defuse tensions after their public spat, which

According to sources, White House aides arranged a call between Elon Musk and President Donald Trump to defuse tensions after their public spat, which caused Tesla shares to rise 5.6% in Frankfurt. After Trump threatened to stop awarding government contracts to Musks businesses and Musk suggested that Trump should be impeached, the conflict intensified. Last day, Teslas shares fell 14.3%, erasing $150 billion in market value. Experts think the dispute might affect Teslas regulatory position, especially with relation to EV subsidies and approvals for autonomous vehicles. Musk said that he was amenable to reducing tensions, but Trump said he was "not even thinking about Elon," thus the outcome is unclear. Read More..

B2B Tech News | 2 months ago        

U.S.UAE AI Campus Deal Faces Delays Amid Security Concerns

The United States and the United Arab Emirates announced a multibilliondollar AI data campus contract during Donald Trumps visit to Abu Dhabi, but it

The United States and the United Arab Emirates announced a multibilliondollar AI data campus contract during Donald Trumps visit to Abu Dhabi, but it is still far from being finalised. With support from G42, the Stargate UAE initiative seeks to establish one of the biggest AI hubs globally. SoftBank, Cisco, Oracle, Nvidia, and OpenAI are all contributing to its development. However, progress has been slowed by security worries over U.S. technology exports and the UAEs relationship with China. As of 2026, the 10squaremile site will hold 100,000 Nvidia AI processors however, export terms have not yet been finalised by Washington. Because of previous Huawei 5G installations in the Gulf, U.S. officials are still wary. Read More..

B2B Tech News | 2 months ago        

IndiaKyrgyzstan BIT Marks a Milestone in Bilateral Economic Cooperation

The 2000 agreement to improve economic relations and crossborder investments has been replaced by a new Bilateral Investment Treaty BIT that India and

The 2000 agreement to improve economic relations and crossborder investments has been replaced by a new Bilateral Investment Treaty BIT that India and Kyrgyzstan have formally enforced. The 2019 Bishkek treaty, which balances investor rights with state regulatory responsibilities, attempts to provide a safe investment climate. The elimination of the Most Favoured Nation MFN designation, exemptions for public health and environmental safeguards, and the requirement to exhaust domestic remedies before international arbitration are some of the main clauses. By guaranteeing clear and consistent investment policies between the two countries, the BIT is anticipated to strengthen economic cooperation. Read More..

B2B Tech News | 2 months ago        

India Secures Major Investment Boost as Italian Firms Expand Operations

When Commerce Minister Piyush Goyal visited Italy, top Italian companies promised expansion and further commitments, giving India a significant boost

When Commerce Minister Piyush Goyal visited Italy, top Italian companies promised expansion and further commitments, giving India a significant boost in investment. By investing €350 million over the next five to seven years, Carraro Group plans to almost double its current base. Utilising Indias expanding economy and changing culinary tastes, Toschi Vignola intends to build its food company there, while UFI Filters will quadruple its investment to satisfy the growing demand. These pledges support the "Make in India" campaign of India, enhancing economic cooperation and bilateral commerce between the two countries. Read More..

B2B Tech News | 2 months ago        

Anduril Industries Secures $30.5 Billion Valuation With $2.5 Billion Series G Round

Anduril Industries, a defence technology business, raised $2.5 billion in its most recent Series G fundraising round, securing a $30.5 billion value.

Anduril Industries, a defence technology business, raised $2.5 billion in its most recent Series G fundraising round, securing a $30.5 billion value. Founders Fund led the round with a $1 billion investment, its largest to date. Given its quick development in autonomous defence systems, Andurils worth has more than doubled from $14 billion the previous year. Palmer Luckey created the business, which specialises in AIpowered military hardware such as combat software and selfgoverning drones. By supporting expansion and new defence contracts, the financing will establish Anduril as a major force in the modernisation of military operations. Read More..

B2B Tech News | 2 months ago        

Broadcom Forecasts $15.8 Billion Q3 Revenue Amid Strong AI Chip Demand

Due to the high demand for AI chips, Broadcom has projected thirdquarter revenue of $15.8 billion, which is somewhat higher than analysts $15.71 billi

Due to the high demand for AI chips, Broadcom has projected thirdquarter revenue of $15.8 billion, which is somewhat higher than analysts $15.71 billion projection. As hyperscale partners keep investing, the companys AI semiconductor revenue is predicted to exceed $5.1 billion, marking ten consecutive quarters of growth. Broadcoms shares dropped 4% during extended trade despite the optimistic prognosis because investors had high expectations after the companys 30% stock increase in the previous month. The business has started shipping the Tomahawk 6 networking chip, which improves AI workloads by doubling performance over its predecessor. With specialised processors for Google and OpenAI, Broadcom continues to be a major player in the AI hardware market. Read More..

B2B Tech News | 2 months ago        

BYD to Nearly Triple South African Dealerships Amid NEV Market Growth

By the following year, the Chinese EV behemoth BYD intends to increase the number of its dealerships in South Africa from 1330 to 35. With sales expec

By the following year, the Chinese EV behemoth BYD intends to increase the number of its dealerships in South Africa from 1330 to 35. With sales expected to increase from 7,782 units in 2023 to 15,611 in 2024, the move attempts to gain early market share as South Africa makes the switch to new energy vehicles NEVs. In addition to the plugin hybrid Shark pickup, hybrid SEALION 6, and electric SEALION 7 SUV models, BYD debuted its ATTO 3 electric SUV in 2023. BYD views South Africa as a significant automobile market in the Southern Hemisphere, despite obstacles such as a lack of charging infrastructure and high import taxes. Read More..

B2B Tech News | 2 months ago        

South Africa’s Economy Stagnates With 0.1% Growth in Q1 2025

The economy of South Africa grew by just 0.1% in the first quarter of 2025, as robust growth in the agricultural +15% sector was offset by declines in

The economy of South Africa grew by just 0.1% in the first quarter of 2025, as robust growth in the agricultural +15% sector was offset by declines in the manufacturing 2% and mining 4% sectors. Since the financial crisis of 2008–2009, the nation has had difficulty gaining traction, with yearly growth an average of less than 1%. The coalition administration has increased business confidence, but output is still low. Analysts caution that structural issues, such as inefficient freight rail and transportation bottlenecks, are still impeding recovery. With the economy slowing down, the South African Reserve Bank lowered its 2025 GDP prediction from 1.7% to 1.2%. To boost the economy, experts say more interest rate reductions might be required. Read More..

B2B Tech News | 2 months ago        



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