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GLOBAL NEWS

Pompliano Launches $1B Bitcoin Treasury Firm With SPAC Merger and Wall Street Backing

In order to establish ProCap Financial, a bitcoin treasury company, U.S. investor Anthony Pompliano has announced a $1 billion merger. The agreement a

In order to establish ProCap Financial, a bitcoin treasury company, U.S. investor Anthony Pompliano has announced a $1 billion merger. The agreement aims to hold up to $1 billion in Bitcoin on its balance sheet by combining its company, ProCap BTC, with SPAC Columbus Circle Capital I. The largest initial fundraising for a bitcoin treasury company, it is supported by $250 million in convertible notes and $500 million in equity. ProCap will use lending, derivatives, and other financial products to make money off of its bitcoin holdings, in contrast to conventional models. According to reports, institutional investors like as Citadel, Jane Street, and Pantera are participating. Growing interest in bitcoinnative financial services is reflected in the move, which also fits with broader changes in U.S. crypto policy. Read More..

B2B Tech News | 18 days ago      

Iran–Israel Ceasefire Brings Relief to India’s $100B Middle East Trade

With geopolitical tensions reduced and freight and energy prices stabilised, the IranIsrael ceasefire has significantly improved Indias $100 billion t

With geopolitical tensions reduced and freight and energy prices stabilised, the IranIsrael ceasefire has significantly improved Indias $100 billion trade with the Middle East. Deescalation, according to experts, improves shipping predictability across the crucial Strait of Hormuz, which benefits both Indian importers of petrochemicals and crude oil and exporters of engineering goods, food items, textiles, and chemicals. There was a momentary decrease in volatility when oil prices fell more than 3%. The ceasefire might only last temporarily, specialists warn, as fundamental issues have not been settled. The Federation of Indian Export Organisations FIEO and GTRI emphasise that longterm benefits in trade, energy security, and regional investment flows depend on continued peace and diplomatic followthrough. Read More..

B2B Tech News | 18 days ago      

India–UK FTA Set for July Signing, Aims to Double Trade to $120 Billion by 2030

The free trade agreement FTA between India and the UK is anticipated to be signed by July 2025, following the conclusion of discussions in May. Sunil

The free trade agreement FTA between India and the UK is anticipated to be signed by July 2025, following the conclusion of discussions in May. Sunil Barthwal, the Indian Commerce Secretary, is in London with a legal team to finish the final texts legal examination. The deal intends to reduce levies on UK items like cars and Scotch whisky and remove tariffs on Indian exports like leather, textiles, and footwear in order to quadruple bilateral trade to $120 billion by 2030. Prior to implementation, which is anticipated to occur in mid to late 2026, the agreement must be approved by both governments after it is signed. After more than three years of discussions, this represents the expanding IndiaUK partnership in the face of altering global trade alliances. Read More..

B2B Tech News | 18 days ago      

Lourenço Urges U.S. to Swap Aid for Investment at U.S.Africa Summit in Luanda

João Lourenço, the president of Angola, called Africa a “credible partner” with abundant resources and human capital, and urged the United State

João Lourenço, the president of Angola, called Africa a “credible partner” with abundant resources and human capital, and urged the United States to switch from traditional aid to private investment at the U.S.Africa Business Summit in Luanda. He underlined the need to replace the "logic of aid" with the "logic of ambition," citing industries such as infrastructure, technology, agribusiness, and renewable energy. Lourenço promoted the African Continental Free Trade Area AfCFTA as an investment magnet and pointed to Angolas 3.5% Q1 GDP as proof of regional momentum. "It is business—not aid—that drives lasting growth," said Troy Fitrell, chief of the U.S. Africa Bureau. The goal of the conference is to strengthen business connections and draw American businesses to Africas changing economic environment. Read More..

B2B Tech News | 18 days ago      

BOJ Holds Rates at 0.5% as Board Splits Over Inflation and Tariff Fallout

With policymakers split on the way forward, the Bank of Japan BOJ held its June 16–17 meeting and maintained interest rates at 0.5%. Concerned about

With policymakers split on the way forward, the Bank of Japan BOJ held its June 16–17 meeting and maintained interest rates at 0.5%. Concerned about possible harm to Japans already frail economy, some members called for a sustained accommodating policy and caution owing to the uncertainty surrounding U.S. tariffs. According to one, the BOJ may need to boost rates "decisively" in spite of economic uncertainties, as inflation was increasing more quickly than anticipated. Additionally, in 2026, the board agreed to decrease the rate of balance sheet reduction. Among the worries were how increased rice prices would affect inflation forecasts and how tariffs might affect business mood later. July 30–31 is when the next policy meeting is planned. Read More..

B2B Tech News | 18 days ago      

Chinese Researchers Use Quantum Annealer to Crack 22Bit RSA Encryption

For the first time, a real quantum computer has seriously challenged publickey encryption when Shanghai University researchers utilised a DWave quantu

For the first time, a real quantum computer has seriously challenged publickey encryption when Shanghai University researchers utilised a DWave quantum annealer to factor a 22bit RSA integer. The group, led by Wang Chao, reformulated the RSA problem as a combinatorial optimisation work such that the machine could use quantum tunnelling to solve it. The accomplishment indicates that quantum annealing may soon scale to address increasingly complicated cryptographic challenges, even though 22bit keys are insignificant in comparison to ordinary 2048bit RSA encryption. Similar outcomes were obtained when the researchers tested symmetric cyphers like Present and Rectangle. The experiment raises concerns about the feasibility of traditional encryption in the quantum era, notwithstanding the fact that there are still hardware limits. Read More..

B2B Tech News | 18 days ago      

Apple iCloud Outage Disrupts Mail, Photos, and Find My for Thousands of Users

On June 24 and 25, there was a widespread outage of Apples iCloud services, including functions such as iCloud Web Apps, iCloud Mail, Find My, Photos,

On June 24 and 25, there was a widespread outage of Apples iCloud services, including functions such as iCloud Web Apps, iCloud Mail, Find My, Photos, and iWork for iCloud. The Apple System Status page states that the disturbance started at 1206 AM IST and was completely fixed by 430 AM. Issues like email difficulties, device sync failures, and repeated Apple ID signin prompts were noted by users. With email access 50% being the most affected, server connection problems 26% and file synchronisation issues 24%, Downdetector recorded a rise of over 900 complaints. Apple has acknowledged that all services are now operating, but has not revealed the reason. There is no need for user action. Read More..

B2B Tech News | 18 days ago      

Google Launches AI Mode in India With Gemini 2.5 for Smarter, Deeper Search

Through Google Labs, Google has introduced AI Mode in India, offering users its most cuttingedge search experience. With AI Mode, users may ask longer

Through Google Labs, Google has introduced AI Mode in India, offering users its most cuttingedge search experience. With AI Mode, users may ask longer, more complicated questions—two to three times longer than normal queries—and get multilayered, AIgenerated answers thanks to a customised version of Gemini 2.5. It breaks down enquiries into subtopics and retrieves more indepth, pertinent results by using a technique known as "query fanout." The functionality incorporates features like Google Lens and microphone search and allows for text, voice, and image inputs. Additionally, AI Mode enables followup enquiries, which improves exploratory activities like product comparisons and trip planning. It falls back on conventional search results when confidence is low. Googles ambition for multimodal, reasoningrich search experiences is reflected in the deployment. Read More..

B2B Tech News | 18 days ago