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GLOBAL NEWS

Adani Ports Q2 Profit Jumps 29% on Exponential Growth in Logistics and Marine Segments

Adani Ports and Special Economic Zone APSEZ reported a robust Q2 FY26 performance with consolidated net profit surging 29 percent yearonyear to ₹3,1

Adani Ports and Special Economic Zone APSEZ reported a robust Q2 FY26 performance with consolidated net profit surging 29 percent yearonyear to ₹3,120 crore. Total revenue climbed 30 percent to ₹9,167 crore, driven by strong growth in its integrated transport utility model. The companys logistics and marine businesses experienced neardoubling in revenue, demonstrating the success of its porttocustomergate strategy. Domestic ports delivered a recordhigh H1 EBITDA margin of 74.2 percent, reflecting operational efficiency. APSEZ is maintaining its global leadership position, with cargo volumes increasing 12 percent, keeping it on track to achieve its ambitious 1 billion tonnes throughput target by 2030. Read More..

B2B Tech News | 9 days ago      

Global Crackdown Targets $345 Million Credit Card Fraud Ring

International law enforcement has successfully dismantled a sophisticated global fraud and money laundering network, arresting 18 suspects linked to a

International law enforcement has successfully dismantled a sophisticated global fraud and money laundering network, arresting 18 suspects linked to a massive credit card theft scheme totaling $345 million. The criminal network stole data from over 4.3 million cardholders, using their personal information to fraudulently sign them up for fake dating, pornography, and streaming subscription sites that charged monthly fees. This operation highlights the increasing scale of cardnotpresent fraud and the effectiveness of global cooperation in targeting organized cybercrime. Authorities have stated that the extensive stolen data was a critical resource for sustaining the vast digital fraud enterprise. Read More..

B2B Tech News | 9 days ago      

Apple Nears Deal to Integrate Googles Gemini AI Model for Major Siri Overhaul

Apple is reportedly close to finalizing a major partnership with Alphabets Google to integrate a custom version of the Gemini AI model into a revamped

Apple is reportedly close to finalizing a major partnership with Alphabets Google to integrate a custom version of the Gemini AI model into a revamped version of its voice assistant, Siri. According to reports, Apple will pay Google approximately $1 billion annually for access to the highly advanced 1.2 trillionparameter model. The deal is intended to be a temporary measure, using Googles superior technology to power more complex, contextaware queries until Apple’s own internal AI systems are sufficiently mature. The integration is expected to be a cornerstone of Apples broader "Apple Intelligence" initiative, aiming to bring Siri up to par with rivals like Google Assistant and Alexa. Read More..

B2B Tech News | 9 days ago      

Netflix Expands India Footprint, Opens Global Capability Centre in Hyderabad’s HITEC City

Global streaming giant Netflix has opened its second major office in India, a 40,000squarefoot Global Capability Centre GCC in Hyderabad’s HITEC Cit

Global streaming giant Netflix has opened its second major office in India, a 40,000squarefoot Global Capability Centre GCC in Hyderabad’s HITEC City. This expansion, second only to its Mumbai facility, is a strategic move to deepen local presence and leverage India’s expertise in technology, postproduction, and visual effects VFX. The new hub will provide critical support for Netflix’s global operations, including animation and technical innovation for both international and regional content. Hyderabad was chosen for its robust infrastructure, costeffective ecosystem, and growing talent pool, positioning the city as a major global tech and media corridor for the streaming platform. Read More..

B2B Tech News | 9 days ago      

China Bans Foreign AI Chips in State Data Centers, Mandates Domestic Alternatives

China has escalated its push for technological selfreliance by issuing new regulatory guidance that effectively bans foreignmade AI chips from all sta

China has escalated its push for technological selfreliance by issuing new regulatory guidance that effectively bans foreignmade AI chips from all statefunded data center construction projects. The directive mandates that all new and earlystage government projects must use domestically produced AI chips, severely limiting market access for US giants like Nvidia, AMD, and Intel. This move is a direct response to years of US export restrictions that have curtailed Chinas ability to procure advanced semiconductors. For local Chinese firms like Huawei and Cambricon, this presents a significant, governmentbacked opportunity to fill the massive market gap left by international competitors in the nation’s crucial AI infrastructure buildout. Read More..

B2B Tech News | 9 days ago      

Cloud Security Giant Zscaler Acquires AI Pioneer SPLX to Secure EndtoEnd AI Lifecycle

Cloud security leader Zscaler announced the acquisition of SPLX, an innovative AI security pioneer. This acquisition extends Zscaler’s Zero Trust Ex

Cloud security leader Zscaler announced the acquisition of SPLX, an innovative AI security pioneer. This acquisition extends Zscaler’s Zero Trust Exchange platform by integrating sophisticated capabilities for AI asset discovery, automated red teaming, and governance. The goal is to secure the entire AI lifecycle, from development through deployment, addressing the rapidly expanding attack surface created by new models and agentic systems. SPLXs technology introduces new protection layers, including realtime vulnerability remediation via over 5,000 purposebuilt attack simulations. CEO Jay Chaudhry stated that combining SPLXs expertise with the Zero Trust Exchange’s native data protection will secure the full potential of enterprise AI adoption on a single platform. Read More..

B2B Tech News | 9 days ago      

State Bank of India Beats Estimates as Q2 Profit Rises 6.4%, Driven by Asset Quality

The State Bank of India SBI announced its Q2 FY26 results, reporting a 6.4 percent yearonyear increase in consolidated net profit to ₹21,504.49 cror

The State Bank of India SBI announced its Q2 FY26 results, reporting a 6.4 percent yearonyear increase in consolidated net profit to ₹21,504.49 crore $2.6 billion, surpassing market estimates. The growth was primarily attributed to improving asset quality, with the Gross NonPerforming Asset GNPA ratio declining to 1.73 percent, a 40 basis point drop. The bank’s advances grew 12.73 percent, led by strong retail and SME lending. However, the domestic Net Interest Margin NIM witnessed a slight contraction to 3.09 percent due to competitive pressure on deposit rates. The management expressed confidence in sustained credit growth, projecting a continued focus on retail and agricultural segments. Read More..

B2B Tech News | 9 days ago      

MissionCritical Services Provider Kyndryl Reports Resilient Q2 Results

Kyndryl, a prominent provider of missioncritical enterprise technology services, reported its financial results for the second quarter of fiscal year

Kyndryl, a prominent provider of missioncritical enterprise technology services, reported its financial results for the second quarter of fiscal year 2026. The company posted revenues of $3.7 billion and reiterated its full fiscal year outlook, expressing confidence in strengthening activity for the second half of 2026. Chairman and CEO Martin Schroeter noted that the momentum is driven by strategic initiatives, including strong growth in Kyndryl Consult and major alliances. The firm emphasized its success in leveraging the AIpowered Kyndryl Bridge platform to help customers accelerate their modernization efforts and achieve stronger business outcomes. Read More..

B2B Tech News | 9 days ago