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Perplexity AI and PayPal Partner to Revolutionize AIPowered Commerce

Perplexity, through a strategic relationship with PayPal, promotes its AIpowered commerce assistant as a digital transaction disruptor, including inch

Perplexity, through a strategic relationship with PayPal, promotes its AIpowered commerce assistant as a digital transaction disruptor, including inchat purchases into its platform with ease. Perplexity improves customer ease by utilising PayPals passkey checkout and account connection, which lowers resistance while making travel reservations, placing product orders, and handling subscriptions. With the acquisition, Perplexity will be able to contact PayPals 430+ million active users in almost 200 markets, bolstering agentic commerce—where sales conversions are boosted by AIfacilitated interactions. Backend logistics are managed by PayPal, which guarantees safe transactions for tracking, invoicing, and shipment. Businesses may now integrate payment solutions into conversational interfaces, marking a shift towards AInative ecommerce. Read More..

B2B Tech News | 2 days ago        

India Approves ₹3,706 Crore HCLFoxconn Semiconductor Joint Venture

The sixth semiconductor company in India under the India Semiconductor Mission, a ₹3,706 crore $435 million joint venture between HCL Technologies a

The sixth semiconductor company in India under the India Semiconductor Mission, a ₹3,706 crore $435 million joint venture between HCL Technologies and Foxconn, has been approved by the Union Cabinet. With a monthly capacity of 20,000 wafers, the plant, which is situated close to Jewar airport in Uttar Pradesh, will produce display driver chips for PCs, laptops, cars, and mobile phones. In 2027, the plant is anticipated to start commercial production and provide 2,000 employment. The permission supports Indias efforts to fortify its semiconductor industry in the wake of earlier chip project failures. Read More..

B2B Tech News | 2 days ago        

U.S.China Tariff Cut Marks Major Step in Trade Dispute DeEscalation

With their agreement to reduce tariffs for ninety days, the U.S. and China have significantly deescalated their trade conflict. As a preview of future

With their agreement to reduce tariffs for ninety days, the U.S. and China have significantly deescalated their trade conflict. As a preview of future negotiations with Chinese President Xi Jinping, President Donald Trump praised the agreement as a "total reset." The deal lowers Chinese import duties from 125% to 10% while lowering U.S. duties from 145% to 30%. Global stock markets soared as a result of the move, with the S&P 500 jumping 3.3%. As part of the agreement, China would also stop implementing nontariff countermeasures, like export limits on rare earths. Scott Bessent, the U.S. Treasury Secretary, called the talks "productive," and more talks are anticipated shortly. Read More..

B2B Tech News | 11 days ago        

Nigeria Records Fastest Economic Growth in a Decade, Expanding 4.6% in Q4 2024

Driven by the resurgence of the oil sector and robust tech and finance sectors, Nigerias GDP grew 4.6% year over year in Q4 2024, marking its best gro

Driven by the resurgence of the oil sector and robust tech and finance sectors, Nigerias GDP grew 4.6% year over year in Q4 2024, marking its best growth in a decade. In 2025, the World Bank forecasts 3.6% GDP growth, but cautions that high inflation is still a problem. Reforms implemented by President Bola Tinubu, such as the elimination of fuel subsidies, depreciation of the naira, and power outages, have restored budgetary stability but raised pressures on the expense of living. Over $37 billion in foreign reserves protect Nigeria from outside fluctuations. Helped by increased tax collections and remittances, the budget deficit decreased from 5.4% of GDP in 2023 to 3% of GDP in 2024. Read More..

B2B Tech News | 11 days ago        

India Proposes $7.6 Billion in Retaliatory Tariffs Against U.S. Steel Duties

India has informed the World Trade Organisation WTO of its intention to impose retaliatory tariffs on a set of U.S. imports in response to Washingtons

India has informed the World Trade Organisation WTO of its intention to impose retaliatory tariffs on a set of U.S. imports in response to Washingtons steel and aluminium charges. With an estimated duty collection of $1.91 billion, the move targets $7.6 billion worth of U.S. goods. India decided to halt concessions because it claims that the U.S. safeguard measures are against WTO regulations. India has proposed to cut tariff disparities by twothirds as part of a bilateral trade agreement being negotiated between the two countries. India disputes the U.S.s assertions that its tariffs are motivated by national security concerns. As the WTO considers Indias appeal, trade relations between the two economies may worsen. Read More..

B2B Tech News | 11 days ago        

ChinaLatin America Trade Hits $500 Billion, Marking Historic Growth

In 2024, China’s commerce with Latin America reached a remarkable $500 billion. During the ChinaCELAC Forum summit, President Xi Jinping made the an

In 2024, China’s commerce with Latin America reached a remarkable $500 billion. During the ChinaCELAC Forum summit, President Xi Jinping made the announcement, highlighting Chinas dedication to deepening its economic relations with the area. As a result of growing collaboration, the trade volume has increased dramatically from $12 billion in 2000. In further support of its efforts to internationalise the Chinese currency, China also promised $10 billion in credit lines to finance development projects in Latin America that would be denominated in yuan. The meeting emphasised Chinas strategic initiative to increase infrastructure investments throughout Latin America and broaden its influence in multilateral trade. Read More..

B2B Tech News | 11 days ago        

ECB Retains Past Stimulus Policies Amid Inflation and Financial Losses

Despite criticism of its own policies due to rising inflation and financial losses, the European Central Bank ECB will continue to implement its previ

Despite criticism of its own policies due to rising inflation and financial losses, the European Central Bank ECB will continue to implement its previous stimulus initiatives in its current strategy review. Commencing in March 2025, the review looks at the continued efficacy of instruments including as forward guidance, negative interest rates, and quantitative easing QE. Despite the fact that some policymakers favour restricting bond purchases, the ECB mainly upholds its prior strategy, claiming that stimulus measures were advantageous. The review also acknowledges the volatility in international markets and restates the ECBs 2% inflation target. There was a broad unanimity on the final plan document, despite some governors expressing discontent and expecting for a more critical examination. Read More..

B2B Tech News | 11 days ago        

OpenAI and Microsoft Renegotiate MultibillionDollar Partnership Amid IPO Plans

OpenAI is renegotiating its multibillionpound deal with Microsoft to create space for new capital and a potential initial public offering IPO. Given t

OpenAI is renegotiating its multibillionpound deal with Microsoft to create space for new capital and a potential initial public offering IPO. Given that the tech giant has invested over £13 billion in OpenAI, Microsofts ownership stake has become a significant topic of discussion. If Microsoft wishes to continue utilising OpenAIs AI models until 2030, when their current contract concludes, it may need to relinquish some equity. To facilitate its stock offerings to investors, OpenAI intends to restructure as a forprofit company, akin to Anthropic and xAI. Access to cuttingedge AI technology is ensured by Microsofts commitment to the partnership, even amidst disagreements regarding OpenAIs strategic decisions. Read More..

B2B Tech News | 12 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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