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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 | 23 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 | 23 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 | 23 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 | 23 days ago      

Microsoft Unveils Mu OnDevice AI Model for RealTime Windows 11 Settings Control

Microsoft has unveiled Mu, a small, ondevice AI model that powers Windows 11 Settings AI agents. Mu, which was created for Copilot+ PCs, runs entirely

Microsoft has unveiled Mu, a small, ondevice AI model that powers Windows 11 Settings AI agents. Mu, which was created for Copilot+ PCs, runs entirely on the Neural Processing Unit NPU, allowing for natural language commands such as "turn on night mode" to be executed at rates of more than 100 tokens per second. Mu is a lowlatency, realtime model with 330 million parameters that is derived from the Phi family of models. It was trained on 3.6 million samples with methods like synthetic labelling and LoRA finetuning. It functions similarly to the Phi3.5mini despite being a tenth of the size, which makes it perfect for controlling device settings without internet connectivity. Microsofts drive for effective, local AI throughout its hardware ecosystem is reflected in Mu. Read More..

B2B Tech News | 23 days ago      

McLaren Health Care Breach Exposes Data of 743,000 Patients in Ransomware Attack

Between July and August 2024, McLaren Health Care and the Karmanos Cancer Institute were the targets of a ransomware attack that compromised 743,131 p

Between July and August 2024, McLaren Health Care and the Karmanos Cancer Institute were the targets of a ransomware attack that compromised 743,131 patients data. Hackers gained access to private data, such as drivers license information, medical records, Social Security numbers, and health insurance information. Although the breach was found on August 5, 2024, a thorough forensic investigation wasnt completed until May 2025, and the public was notified in June. Because McLarens IT systems were unavailable throughout the event, employees had to manually handle appointments and medication. McLaren is providing impacted clients with a complimentary 12month credit monitoring service, which is associated with the INC ransomware group. After a ransomware incident in 2023, this is McLarens second significant compromise. Read More..

B2B Tech News | 23 days ago      

India, U.S. Race to Finalize Trade Pact Before July 9 Tariff Deadline

Before the July 9 deadline, when the U.S. may reimpose a 26% reciprocal tariff on some Indian exports, India and the U.S. are attempting to complete a

Before the July 9 deadline, when the U.S. may reimpose a 26% reciprocal tariff on some Indian exports, India and the U.S. are attempting to complete an interim trade agreement. The United States wants market access for petrochemicals, wines, EVs, industrial items, and genetically modified products, while India wants a complete exemption. In return, India is advocating for duty reductions on leather, seafood, textiles, diamonds, and agricultural goods like grapes and bananas. Although agriculture and dairy are still controversial, the temporary agreement is a part of a larger deal that is anticipated to be finalised by autumn 2025. It comes in the wake of Indias FTA effort with the EU, the UK, and its neighbours. As extensive negotiations continue, it is unclear if the tariff moratorium will be prolonged. Read More..

B2B Tech News | 23 days ago      

From Palo Alto to the Cloud Snowcap’s $23M Bet on PostCMOS AI Acceleration

In order to create superconducting AI chips that outperform todays leading processors by a factor of 25, Snowcap Compute has obtained $23 million in s

In order to create superconducting AI chips that outperform todays leading processors by a factor of 25, Snowcap Compute has obtained $23 million in seed investment. Using niobium titanium nitride, the Palo Altobased firm is able to achieve zeroresistance electrical flow at cryogenic temperatures. According to Snowcap, net efficiency increases make cooling feasible despite its energy cost, particularly when data centre power restrictions are strained by AI and HPC workloads. Former Intel CEO Pat Gelsinger serves on the board of the business, which is run by Michael Lafferty, a former Cadence executive. By late 2026, their first chip should be ready, and complete systems will follow. Investor faith in nextgeneration computation architectures that can transform AI infrastructure in the face of mounting energy restrictions is reflected in the funding. Read More..

B2B Tech News | 23 days ago