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Niger Revokes Oranos Uranium Mine License Amid Tensions with France

The French nuclear fuel manufacturer Oranos operational licence for the Imouraren uranium mine, a major global supplier of uranium, has been cancelled

The French nuclear fuel manufacturer Oranos operational licence for the Imouraren uranium mine, a major global supplier of uranium, has been cancelled by the military administration of Niger. This move nullifies Oranos rights at the site, announced amid rising tensions with Frances erstwhile colonial power, even if activities had restarted. The ruling returns the mine to the public domain, noting flaws in Oranos exploitation plan. The junta that took over Niger in 2021, vowing to review Western relations, has already driven out French troops and the countrys ambassador. This change signifies a turn in the direction of tighter ties with Russia. With more than 50 years of experience operating in Niger, Orano has indicated that it is prepared to cooperate with the authorities while maintaining the right to take legal action against the licence revocation and perhaps take the matter to national or international tribunals. Read More..

B2B Tech News | 1 months ago        

U.S. Unveils Draft Regulations to Curb Investments in AI and Critical Tech Sectors in China

The U.S. has proposed laws limiting or requiring China to notify investors in artificial intelligence AI and other vital technological areas to protec

The U.S. has proposed laws limiting or requiring China to notify investors in artificial intelligence AI and other vital technological areas to protect national security. President Joe Bidens August executive order launched the rules to stop American technology from supporting Chinese innovations by restricting investments in semiconductors, microelectronics, quantum computing, and artificial intelligence. The rules, which should be finalised by years end, require U.S. businesses to identify forbidden transactions. Publicly traded securities, some debt financings, and investments in U.S. national interest are examples of exceptions. Initially, the regulations focused on China, Macau, and Hong Kong, but they may eventually be extended. Stricter oversight and due diligence are necessary for U.S. investments involving Chinese companies or industries since violators face harsh penalties. Read More..

B2B Tech News | 1 months ago        

Comcast Teams Up with SpaceXs Starlink for Satellite Connectivity in Business Sector

Comcasts enterprise services section partnered with SpaceXs Starlink in a historic move to provide corporate clients working in places with restricted

Comcasts enterprise services section partnered with SpaceXs Starlink in a historic move to provide corporate clients working in places with restricted network access with satellitebased connections. This is the first time satellite, and conventional network operators have worked together to serve business clients exclusively. With this arrangement, Starlink maintains its leadership in the satellite communication market, outperforming rivals like Viasat and Kuiper from Amazon. Elon Musks SpaceX runs the most extensive satellite network in the world and provides internet services for home and business users, especially in underdeveloped areas. By extending its reach into business markets, this relationship enhances Starlinks alreadyexisting partnerships, such as the one with TMobile, to provide satellitebased access in areas where cellular service is unavailable. Read More..

B2B Tech News | 1 months ago        

OpenAI Acquires Rockset to Boost Enterprise AI Capabilities

To strengthen its corporate product offerings, OpenAI, supported by Microsoft, bought Rockset, a startup that specialised in realtime search and datab

To strengthen its corporate product offerings, OpenAI, supported by Microsoft, bought Rockset, a startup that specialised in realtime search and database analytics. This was one of OpenAIs most significant purchases, with Rockset valued at several hundred million dollars. The transaction was carried out via OpenAI shares. OpenAIs capability to manage realtime data processing and vector search will be improved by integrating Rocksets technology, wellknown for its use in AIdriven activities such as chatbots and anomaly detection. This integration aims to increase the efficiency and precision of OpenAIs AI models information retrieval by strengthening its enterprise tools. This action highlights OpenAIs goal to enter the competitive business AI sector and compete with big firms like Google and Anthropic, going beyond consumer applications like ChatGPT. Read More..

B2B Tech News | 1 months ago        

Naspers Reports Stellar Earnings Surge Fueled by Ecommerce and Tencent

Thanks to contributions from Tencent, a Chinese company, and solid results in its ecommerce division, Naspers announced a significant rise in fullyear

Thanks to contributions from Tencent, a Chinese company, and solid results in its ecommerce division, Naspers announced a significant rise in fullyear earnings. For the year ended March 31, the companys core headline profits per share from continuing operations more than doubled to 1,148 U.S. cents, up from 546 cents the year before. Consolidated ecommerce activities exceeded expectations, averaging $24 million in trading profit over the previous year $435 million in loss. Naspers reported an 8% increase in consolidated sales to $6.4 billion, with its food delivery and classifieds divisions driving this development. Through Prosus, a subsidiary registered in Amsterdam, the corporation still manages its investments, concentrating on industries including food delivery, education software, and payments. Read More..

B2B Tech News | 1 months ago        

California CPUC Denies AT&T Request to End Landline Telephone Services

In a decision that may impact more than 580,000 families throughout the state, the Public Utilities Commission of California has denied AT&Ts request

In a decision that may impact more than 580,000 families throughout the state, the Public Utilities Commission of California has denied AT&Ts request to stop serving as the "carrier of last resort" for landline telephone services. The CPUC stressed that AT&T must keep providing dependable phone services, including 911 access, until appropriate alternatives are available, notwithstanding the companys request in March 2023 to stop providing these services. As the business moves towards more contemporary communication technology, AT&T California President Marc Blakeman reaffirmed the companys dedication to keeping consumers connected. In addition to announcing a new rulemaking procedure to amend laws in light of market developments and technical improvements, CPUC emphasised AT&Ts critical role in guaranteeing universal access to essential telephone services. Amid these changes, AT&T reported on compliance with Federal Communications Commission reviews and possible legislative actions to Read More..

B2B Tech News | 1 months ago        

Oracle Plans $1 Billion Investment in Spain for Cloud and AI Expansion

Oracle intends to invest more than $1 billion in Spain for the next ten years to expand its cloud computing and artificial intelligence offerings. Wit

Oracle intends to invest more than $1 billion in Spain for the next ten years to expand its cloud computing and artificial intelligence offerings. With Telefonica España, the investment will primarily go towards building a new cloud region in Madrid—Oracles third in the city. By guaranteeing adherence to EU laws such as the Digital Operational Resilience Act DORA, this effort seeks to enable the smooth transition of client workloads to Oracle Cloud Infrastructure. The head of Oracle Spain, Albert Triola, emphasized how the investment is helping Spanish businesses and government agencies faster embrace digital change. AI innovation is critical to improving corporate performance and advancing digitalization, according to José Luis Escrivá, Spains minister for digital transformation. Oracles partnerships with OpenAI and Google Cloud will expand its global cloud offerings. Read More..

B2B Tech News | 1 months ago        

Silicon Box Chooses Novara, Italy for New $3.4 Billion Chip Factory

According to those acquainted with the situation, Singaporebased semiconductor firm Silicon Box has chosen to site its new multibillioneuro chip plant

According to those acquainted with the situation, Singaporebased semiconductor firm Silicon Box has chosen to site its new multibillioneuro chip plant in Novara, situated in Italys industrialised northwest Piedmont area. Former Marvell executives created the business, which intends to invest 3.2 billion euros $3.4 billion in producing "chiplets" as part of a governmentbacked programme. These sandsized chipsets will be assembled using cuttingedge packaging processes, providing affordable solutions for various uses, including consumer electronics and data centres. The move highlights Italys continued attempts to draw in hightech investments after previous campaigns and partnerships with significant IT companies. The project is expected to create significant employment opportunities, with around 1,600 direct jobs anticipated at total operational capacity and indirect employment opportunities across construction, supply chains, and logistics sectors. Read More..

B2B Tech News | 1 months 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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