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GLOBAL NEWS

The EU and Germany keep talking about banning combustion engines.

Olaf Scholz, the chancellor of Germany, and Ursula von der Leyen, the president of the European Commission, are negotiating to settle a disagreement o

Olaf Scholz, the chancellor of Germany, and Ursula von der Leyen, the president of the European Commission, are negotiating to settle a disagreement over the EUs plans to outlaw new combustionengine vehicles starting in 2035. Germany has exerted pressure on the Commission to develop a plan that would permit the sale of combustion vehicles that use only efuels after 2035. Efuels are synthetic hydrocarbon fuels made from renewable power that burns easily and doesnt release carbon dioxide when burned. Read More..

B2B Tech News | 12 days ago      

With its 600th PoP, Cloudbrink enables multicloud connectivity.

Hybrid Access as a Service HAaaS provider Cloudbrink came out of hiding in November 2022. In order to accommodate the rising need for user connectivit

Hybrid Access as a Service HAaaS provider Cloudbrink came out of hiding in November 2022. In order to accommodate the rising need for user connectivity to many clouds, it has installed 600 virtual points of presence, or FAST edges. Comparing Cloudbrink to conventional VPN, ZTNA, and SDWAN solutions, the latter two offer five times as much geographic coverage and considerably faster endtoend services. In order to meet the increased need for bringing apps and data closer to end users, it also makes use of the power of edge services like Amazon Local Zones, Google MEC, and 5G edge infrastructure. Read More..

B2B Tech News | 12 days ago      

Bonds are jittery ahead of U.S. rate testing as Asia equities rise.

On Monday, Asian stocks slightly increased while bond markets waited with bated breath for the worlds most powerful central banker to give an update o

On Monday, Asian stocks slightly increased while bond markets waited with bated breath for the worlds most powerful central banker to give an update on the outlook for U.S. rates and a jobs report that could determine whether the next rate hike needs to be significantly larger. Beijing made the decision to downplay its growth forecast, but the recent string of data has been robust enough to maintain investor confidence. Before the payrolls and inflation data are released and the CPI is made public, Powells testimony will be heard. The outcome of the Fed meeting might become even harder to predict if the jobs and inflation numbers show a divergence. Read More..

B2B Tech News | 12 days ago      

AssetCo and Westwood collaborate with InvestCloud on an innovative asset management distribution solution.

To develop the digital distribution of financial goods and strategies, InvestCloud, a global pioneer in financial industry digital transformation, has

To develop the digital distribution of financial goods and strategies, InvestCloud, a global pioneer in financial industry digital transformation, has announced partnerships with top asset managers AssetCo and Westwood Group. Starting this year, the alliance will allow financial advisers across the US to access the investment strategies and financial products of both asset managers online through the InvestCloud Financial Supermarket FSMTM. Brian Casey, CEO of Westwood Holdings Group, and Campbell Fleming, CEO of AssetCo, are thrilled to be a part of this digital revolution for financial products and portfolio construction. Read More..

B2B Tech News | 12 days ago      

CEOs all over the world recognize opportunities for growth despite difficulty.

Just 36% of the 1.25 billion people living in the 46 poorest countries in the world can currently use the internet, according to the International Tel

Just 36% of the 1.25 billion people living in the 46 poorest countries in the world can currently use the internet, according to the International Telecommunication Union. At the Doha meeting, tech experts predicted that the launch of hundreds of LowEarth Orbit satellites would hasten transformation and raise African aspirations. In order to fulfil Microsofts promise to provide internet access to 100 million Africans by 2025, which was announced before to the summit, Leapfrog other countries Satellite coverage would be a vital factor. For the second section of 20 million people, Microsoft is collaborating with Liquid Intelligent Technologies, a telecoms expert in Africa. Yet, the CEO of Microsoft admitted that the private sector is woefully underdeveloped and underinvested in many LDC economies. Read More..

B2B Tech News | 12 days ago      

According to a report, ransomware attacks dropped 38% in January.

There were 165 ransomware assaults in January, according to the Global Threat Intelligence team at NCC Group, a 38% drop from December 2022. With 50 v

There were 165 ransomware assaults in January, according to the Global Threat Intelligence team at NCC Group, a 38% drop from December 2022. With 50 victims, Lockbit 3.0 kept its top threat actor spot, followed by Vice Society 13% and Blackcat 12%. Academic and educational services 45% was the industry that Vice Society, a suspected Russian RaaS ransomware gang, targeted the most in January. BlackCat, a wellknown threat actor, took third place after being responsible for 12% of all attacks. Asia was the target of 19 attacks 12%, Europe was the target of 56 attacks 34%, and North America was the target of 68 assaults 41%. Read More..

B2B Tech News | 12 days ago      

Before the cabinet reshuffle, Ebrahim Patel was appointed to the legislature.

The appointment of South Africas trade minister as a legislator gives president Cyril Ramaphosa additional freedom to reorganise his executive. The pr

The appointment of South Africas trade minister as a legislator gives president Cyril Ramaphosa additional freedom to reorganise his executive. The president of South Africa is permitted to appoint two nonparliamentarians to his cabinet. The deputy president position, historically held by the ANCs deputy leader, is one of the roles Ramaphosa must fill. A new electricity minister, whose job it will be to oversee the governments reaction to an energy crisis, is also anticipated from him. In addition, Ramaphosa needs to appoint a replacement for Transport Minister Fikile Mbalula as well as fill a position in the Public Service and Administration ministry. Read More..

B2B Tech News | 12 days ago      

China lowers the growth bar, helping Asian stocks rise.

Monday saw a little increase in Asian stocks, but bond markets were on edge as they awaited the worlds most influential central bankers statement on t

Monday saw a little increase in Asian stocks, but bond markets were on edge as they awaited the worlds most influential central bankers statement on the outlook for U.S. rates and a jobs data that would determine whether the next rate hike has to be significantly larger. MSCIs largest index of AsiaPacific shares outside of Japan fell, while Chinese blue chips still increased by 0.2%. South Korean equities rose 0.5%, aided by a weaker reading on inflation, while Japans Nikkei rose 1.2% to a threemonth high. Futures indicate a 72% likelihood that the Fed will increase interest rates by 25 basis points at its meeting on March 22, but much will depend on the results of the February payrolls data due out on Friday. The payrolls and inflation statistics are released before Powells testimony, and the Fed is Read More..

B2B Tech News | 12 days ago