Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

BUSINESS NEWS

Valeo Inks FourYear Deal with ZutaCore for Innovative Data Center Cooling Systems

Californiabased ZutaCore and car parts producer Valeo have signed a fouryear business deal to supply cuttingedge cooling solutions for data centres. T

Californiabased ZutaCore and car parts producer Valeo have signed a fouryear business deal to supply cuttingedge cooling solutions for data centres. The deals financial details were kept a secret. The two businesses created a waterless liquid cooling system to address emissions and energy consumption issues in the expanding data sector. Reusing part of the heat produced by powerful processors with a 1,500watt or greater capacity can be accomplished by the system in addition to cooling them. In the second quarter of this year, ZutaCore is expected to receive the first components of the cooling system from Valeo. Read More..

B2B Tech News | 1 years ago        

Samsung Expects 35% Drop in Q4 Operating Profit, Falling Below Analyst Forecasts

Samsung Electronics announced fourthquarter operating profit estimated to have dropped by 35% to 2.8 trillion won $2.13 billion, below analysts estima

Samsung Electronics announced fourthquarter operating profit estimated to have dropped by 35% to 2.8 trillion won $2.13 billion, below analysts estimates. Even though memory chip prices were improving, the poor performance was ascribed to continuously low consumer demand across several industry categories. The lowerthanexpected earnings resulted from Samsungs contract manufacturing of chips, mobile processors, television, and home appliance divisions. Profits in the companys mobile division declined due to fewer flagship foldable model shipments. Nonetheless, Samsungs semiconductor business appeared to be rebounding, as seen by higher memory chip sector profits. On January 31, a thorough earnings report is anticipated. Read More..

B2B Tech News | 1 years ago        

Thailands $14.3 Billion Digital Wallet Program Set to Roll Out in May 2024

According to Prime Minister Srettha Thavisin, Thailand will move forward with its proposal to distribute $14.3 billion using a "digital wallet" by May

According to Prime Minister Srettha Thavisin, Thailand will move forward with its proposal to distribute $14.3 billion using a "digital wallet" by May 2024. The initiative, a hallmark of the ruling Pheu Thai partys election campaign, is to provide 10,000 baht about $285 to 50 million Thais for local community spending. The governments economic growth strategy aims to achieve at least 5% yearly growth. Economists and a few previous governors of central banks have criticised the concept, claiming it may be financially unwise and lead to inflation. The governor of the central bank and the prime minister will talk about digital wallets and other issues. Read More..

B2B Tech News | 1 years ago        

Intuit Expands Reach by Integrating TurboTax with Credit Karma and QuickBooks Online

Intuit, the company that makes TurboTax, has incorporated its tax preparation tool into Credit Karma and QuickBooks Online to increase its user base a

Intuit, the company that makes TurboTax, has incorporated its tax preparation tool into Credit Karma and QuickBooks Online to increase its user base and streamline the tax filing process for small companies. This action is a component of Intuits plan to capitalise on its leadership in the United States tax management software industry. Out of the 136 million users of the financial site overall, the connection will enable the 40 million Credit Karma customers who were not using TurboTax to access it. With this transaction, Intuit hopes to combine its solutions for small and midsized businesses with its consumerfocused products, tripling its total addressable market opportunity to $252 billion. Read More..

B2B Tech News | 1 years ago        

Flight Disruptions Alaska Airlines Scraps 170 Flights After FAA Grounds Boeing 737 MAX 9

In response to the Federal Aviation Administrations FAA order to halt 171 Boeing 737 MAX 9 aircraft for inspections, Alaska Airlines cancelled 170 fli

In response to the Federal Aviation Administrations FAA order to halt 171 Boeing 737 MAX 9 aircraft for inspections, Alaska Airlines cancelled 170 flights on Sunday and an additional 60 on Monday. The cancellations are anticipated to persist throughout the first part of the week. A structural breach forced an eightweekold Alaska Airlines plane to make an emergency landing, prompting the FAA to order a temporary suspension. According to an FAA statement, the impacted 737 MAX 9 aircraft will be grounded until the FAA is satisfied with their safety. Read More..

B2B Tech News | 1 years ago        

COSCO Suspends Shipping Services to Israel Amid Geopolitical Tensions

According to Globes, an Israeli business news website, the Chinese shipping giant COSCO is said to have stopped transporting goods to Israel. The arti

According to Globes, an Israeli business news website, the Chinese shipping giant COSCO is said to have stopped transporting goods to Israel. The article does not specify the reasons behind the suspension, but it comes as hostilities in Yemen by terrorists supported by Iran have closed trade channels in the Red Sea. Israeli port authorities are reportedly investigating the claim COSCO headquarters in Israel has not responded to inquiries about the situation. The development highlights the geopolitical obstacles and disturbances that influence the regions maritime trade, with continuous wars impacting shipping lanes and logistical operations. Read More..

B2B Tech News | 1 years ago        

Tamil Nadu Inks $4.39 Billion Deals with Apple Suppliers and Hyundai

The southern Indian state of Tamil Nadu has inked investment agreements totalling over $4.39 billion with companies including Hyundai Motors, one of t

The southern Indian state of Tamil Nadu has inked investment agreements totalling over $4.39 billion with companies including Hyundai Motors, one of the worlds largest automakers, and Tata Electronics, a supplier to Apple. As part of its efforts to diversify manufacturing, Apple has agreed to invest 120.8 billion rupees in mobile phone assembly activities from Tata Electronics, an Indian conglomerate. Pegatron, Apples Taiwanese supplier, would invest 10 billion rupees to increase manufacturing. The agreements, which come as more businesses want to invest in India, are predicted to create thousands of employments in the state. Read More..

B2B Tech News | 1 years ago        

Dubai Attracts Wealth Managers as Asia Seeks Diversification Amid Warming Ties

As diplomatic relations between China and the Middle East improve, more Asian wealth managers are opening offices in Dubai in anticipation of a spike

As diplomatic relations between China and the Middle East improve, more Asian wealth managers are opening offices in Dubai in anticipation of a spike in customer demand for regional diversity. A growing number of wealthy families and businesspeople in Asia, primarily in China, are choosing to locate their riches in Dubai, a significant financial centre in the Gulf. Beijing has become more and more dependent on the Middle East as its relations with Washington have deteriorated, and Dubai provides taxfree status, businessfriendly regulations, and ease of doing business. The presence of wealth managers such as Farro Capital and Noah Holdings is growing in the area. Read More..

B2B Tech News | 1 years ago        



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   13785   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   11196   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   11506   

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.
   11353   

5.  Approximately 8 billion gadgets connect on the internet every day.
   14400   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.