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GLOBAL NEWS

NvidiaBacked Synthesia Introduces Avatars to Convey Human Emotions Digitally

Redefining professional video creation, Synthesia, with support from Nvidia, has produced "Expressive Avatars" that can communicate human emotions thr

Redefining professional video creation, Synthesia, with support from Nvidia, has produced "Expressive Avatars" that can communicate human emotions through text inputs. The technology makes the procedure more efficient and lowers expenses by eliminating the need for cameras, microphones, and performers. Synthesia is a Londonbased company that trains its system by using actors reciting texts in front of a green screen. Over 55,000 enterprises, including Fortune 100 corporations, rely on the companys technology to generate digital avatars for various uses, including training films and corporate presentations. Synthesia works with industry coalitions to verify AIgenerated information, conducts stringent vetting and onboarding procedures, and prepares for worldwide elections despite worries about abuse. Read More..

B2B Tech News | 2 hours ago      

UiPath Expands Global Reach with Launch of Data Centers in Pune and Chennai

As part of its worldwide growth plan, UiPath has opened two additional data centres in Pune and Chennai to strengthen its Automation Cloud services fo

As part of its worldwide growth plan, UiPath has opened two additional data centres in Pune and Chennai to strengthen its Automation Cloud services for Indian partners and clients. These data centres represent a significant milestone in meeting the increasing demand for cloud services in the public and private sectors. The centres prioritise compliance and business continuity, providing high availability and low latency to facilitate cloud adoption and enhance service speed. The decision to host a variety of UiPath services as SoftwareasaService SaaS products, including Intelligent Document Processing IDP and Artificial Intelligence AI, highlights the companys dedication to advancing digital transformation and strengthening Indian enterprises. Read More..

B2B Tech News | 6 hours ago      

Widespread Outage Hits Reddit, Users Struggle to Access Platform

Reddit was down globally, preventing users from accessing the site for about sixty minutes. Tens of thousands of customers in the US, UK, India, and o

Reddit was down globally, preventing users from accessing the site for about sixty minutes. Tens of thousands of customers in the US, UK, India, and other nations were impacted by the outage, which started around 1010 PM IST. Following a deluge of reports on Downdetector, Reddit released a statement blaming the situation on a backend glitch. The firm assured users they had located the problem and were trying to fix it. After the event, Reddit said a patch had been implemented, and the platform was back up and running. This outage comes after another issue reported earlier in the day, which Reddit says was fixed at about 950 PM IST. Read More..

B2B Tech News | 6 hours ago      

Cisco Systems Unveils Cybersecurity Breach by UAT4356 Hackers

Cisco Systems said that cybercriminals, going by the handle "UAT4356," used hitherto undiscovered weaknesses in its Adaptive Security Appliances, whic

Cisco Systems said that cybercriminals, going by the handle "UAT4356," used hitherto undiscovered weaknesses in its Adaptive Security Appliances, which combine many digital defence features. According to Ciscos study, the organisation is a "sophisticated statesponsored actor," its impact is seen throughout government networks worldwide. After the vulnerabilities are fixed, users are advised to upgrade their software immediately. Because edge devices, such as security equipment, are located at the networks edge, they have become tempting targets for sophisticated hackers. Cisco also warned Microsoft and other suppliers about possible assaults on network devices. Although the notice was sent, the Cybersecurity and Infrastructure Security Agency CISA still needs to verify any effect on U.S. government networks. Read More..

B2B Tech News | 1 days ago      

Moroccos Aerospace Industry Takes Flight, Valued at $2 Billion Annually

Moroccos $2 billion aircraft sector is vital to its economic diversification agenda. It tries to wean the country off of its traditional rural depende

Moroccos $2 billion aircraft sector is vital to its economic diversification agenda. It tries to wean the country off of its traditional rural dependency. Using subsidies, the nation backs companies that produce railway, automobile, and aircraft equipment, supporting the growth of Moroccan airlines such as Royal Air Maroc. Morocco is a centre for manufacturing and maintaining aeroplanes, home to 130 active aerospace companies, including Safran Aeroplanes Engines. The sector is supported by a trained workforce educated at establishments like the Institute for Aeronautics Professions in Casablanca. This highlights the countrys dedication to talent development and industrial growth despite obstacles like interruptions in the global supply chain. Read More..

B2B Tech News | 1 days ago      

Deutsche Bank Surpasses Expectations, Reports 10% Rise in Q1 Profit

Deutsche Bank surpassed analyst estimates with a 10% gain in firstquarter earnings and a reported net profit of 1.275 billion euros. Its firstquarter

Deutsche Bank surpassed analyst estimates with a 10% gain in firstquarter earnings and a reported net profit of 1.275 billion euros. Its firstquarter earnings have been the biggest since 2013, and it has now made 15 straight quarters of profit. Additionally, group revenue increased by 1% annually to 7.8 billion euros, driven by fixed income, commissions, fee income, and currency increases. Reversing a 9% fall in 2023, the investment bank division had a notable comeback with a 13% gain in revenue to 3 billion euros. Highlights include a credit loss provision of 439 million euros and net inflows of 19 billion euros in the Private Bank and Asset Management businesses. Read More..

B2B Tech News | 1 days ago      

Nestle India Set to Report Strong Q1 2024 Results, Fueled by Margin Enhancement

For the first quarter of 2024, Nestle India is expected to report strong profit growth fueled by margin improvement and pricing changes. With a 4% yea

For the first quarter of 2024, Nestle India is expected to report strong profit growth fueled by margin improvement and pricing changes. With a 4% yearoveryear increase in volume, revenue growth is predicted to reach 6.6%, hitting ₹5,150 crore as opposed to ₹4,830 crore the same time the previous year. It is projected that net profit will increase from ₹736.6 crore to ₹858 crore, a 16.5% increase. Analysts predict that more outofhome spending will boost profits by 300 basis points for gross margin and 110 basis points for EBITDA margin. Nestle is anticipated to profit from proactive initiatives and decrease milk expenditures, boosting EBITDA margin increase to 23.5%, despite worries about the costs of cocoa and coffee. Future patterns in demand and the dynamics of material costs will command market attention. Read More..

B2B Tech News | 1 days ago      

Ford Motor Beats Q1 Earnings Estimates Despite Electric Vehicle Division Losses

Strong sales of trucks and commercial vehicles helped Ford Motor beat Q1 earnings projections, offsetting losses in its electric car segment. It adjus

Strong sales of trucks and commercial vehicles helped Ford Motor beat Q1 earnings projections, offsetting losses in its electric car segment. It adjusted the outlooks for capital expenditure and free cash flow while maintaining its 2024 profit projection. Automobile revenue is below projections even though it exceeded earnings predictions. After a year of $1.76 billion, net income dropped to $1.33 billion, or 33 cents per share. Adjusted earnings for the Ford Blue company suffered a dip, whilst the Ford Pro commercial business had a boom. The electric car division, Model E, reported a deficit. CEO Jim Farley outlined initiatives to lower warranty costs and solve quality concerns with the F150 truck. Ford plans to reduce expenses by $2 billion this year in response to competitor General Motors impressive Q1 results. Read More..

B2B Tech News | 1 days ago