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Paramount Global Raises Paramount+ Prices Amid Financial Stability Push

Paramount Global is raising the cost of its streaming service subscriptions to stabilise its financial situation in the face of unsuccessful merger di

Paramount Global is raising the cost of its streaming service subscriptions to stabilise its financial situation in the face of unsuccessful merger discussions and shifting market conditions. After August 20 for new subscribers and September 20 for current subscribers, the monthly cost of the Paramount+ with Showtime package will increase by $1 to $12.99. For new customers, the Paramount+ Essential membership will cost $7.99 per month instead of $5.99 this will not affect current subscribers. Furthermore, as of September 20, there will be a $1 increase to $7.99 for the restricted Paramount+ commercial option. Following such price changes made earlier this year by rivals, including Comcasts Peacock and Warner Bros. Discoverys Max streaming platform, Paramounts action reflects continued attempts to control expenses and boost income in the face of changing consumer tastes and financial challenges. Read More..

B2B Tech News | 1 years ago        

Indias eRupee Struggles with Public Acceptance, Daily Transactions Plummet

Sources acquainted with the situation claim that the erupee, Indias digital currency, has faced tremendous obstacles in obtaining public acceptability

Sources acquainted with the situation claim that the erupee, Indias digital currency, has faced tremendous obstacles in obtaining public acceptability, with usage falling to barely 10% of its high in December. The erupee was introduced as a test project by the Reserve Bank of India RBI in December 2022 to offer a digital substitute for actual currency. By December 2023, it had reached the first milestone of one million retail transactions daily, partly because of rewards and wage payments made possible by the erupee. However, organic demand has yet to materialise, so daily transactions have decreased to about 100,000. Central bank digital currencies CBDCs are gaining traction worldwide, with several governments conducting trial programmes. However, there are still obstacles to proving they are superior to cash to encourage mass adoption. Read More..

B2B Tech News | 1 years ago        

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 years 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 years 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 years 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 years 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 years 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 years ago        



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Refresh Your Facts

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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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