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GLOBAL NEWS

Amazon Commits $54 Billion to UK Expansion With New Fulfillment Hubs and Data Centers

One of Amazons biggest overseas promises is a $54 billion investment in the UK over the next three years. The plan calls for renovating more than 100

One of Amazons biggest overseas promises is a $54 billion investment in the UK over the next three years. The plan calls for renovating more than 100 operations facilities across the country, expanding current locations in Hull and Northampton, and constructing two new fulfilment centres in the East Midlands by 2027. Additionally, Amazon plans to expand its headquarters in London, build additional delivery stations, improve its transportation infrastructure, and renovate the Bray Film Studios in Berkshire. Prime Minister Keir Starmer lauded the investment as a "massive vote of confidence." It is part of the £8 billion AWS data centre plan announced in 2024 and would create thousands of jobs, making the UK Amazons thirdlargest market after the U.S. and Germany. Read More..

B2B Tech News | 2 months ago      

U.S. and South Korea Race to Finalize Tariff Deal Before July 8 Deadline

After a highlevel discussion between U.S. Commerce Secretary Howard Lutnick, U.S. Trade Representative Jamieson Greer, and South Koreas Trade Minister

After a highlevel discussion between U.S. Commerce Secretary Howard Lutnick, U.S. Trade Representative Jamieson Greer, and South Koreas Trade Minister Yeo Hankoo, the U.S. and South Korea have reaffirmed their commitment to achieving a tariff agreement as quickly as feasible. In particular, South Korea is requesting exclusions from President Trumps "reciprocal" duties on steel and autos. Discussions are taking place in advance of the temporary suspension of a 25% countryspecific duty expiring on July 8. Economic security, investment cooperation, and nontariff trade obstacles are among the other traderelated topics being discussed by both parties. Due to pressure from U.S. tariffs and political unrest at home, South Koreas exportdriven economy may be greatly impacted by the outcome. Read More..

B2B Tech News | 2 months ago      

Adani’s Mumbai Airport Secures $750M From Apollo to Refinance Debt, Boost Growth

A group headed by Apollo Global Management has invested $750 million in Adanis Mumbai International Airport Ltd MIAL in order to improve operational f

A group headed by Apollo Global Management has invested $750 million in Adanis Mumbai International Airport Ltd MIAL in order to improve operational flexibility and repay current debt. An additional $250 million may be raised as part of the agreement for capacity expansion and infrastructure improvements. The money will help achieve environmental objectives, such as achieving netzero emissions by 2029, and support modernisation initiatives at Chhatrapati Shivaji Maharaj International Airport, the countrys secondlargest airport. By March 2027, MIAL, an Adani Airport Holdings company, is anticipated to be spun off and go public. Apollos second significant investment in MIAL strengthens the trust of international investors in Adanis infrastructure plan. Read More..

B2B Tech News | 2 months ago      

Meta Rolls Out Passkey Login for Facebook Users on iOS and Android

Facebook users on iOS and Android may now log in with passkeys, which replace conventional passwords with biometric verification such as a device PIN,

Facebook users on iOS and Android may now log in with passkeys, which replace conventional passwords with biometric verification such as a device PIN, fingerprint, or facial ID. Passkeys, which were created in collaboration with the FIDO Alliance, are protected against credential theft and phishing because they are locally stored on the users device. Passkeys can be configured by users through Facebooks Accounts Centre settings or while logging in. Meta intends to expand the usage of the same passkey to encrypted message backups and Meta Pay, and it will soon be compatible with Messenger. Importantly, Meta maintains privacy by not storing or accessing biometric data. Facebook has joined other internet behemoths in implementing passkeys for quicker and safer logins. Read More..

B2B Tech News | 2 months ago      

TMobile to Launch StarlinkPowered Satellite Data Service on October 1

On October 1, 2025, TMobile, using SpaceXs Starlink, will introduce its satellitebased data service. By providing coverage to more than 500,000 square

On October 1, 2025, TMobile, using SpaceXs Starlink, will introduce its satellitebased data service. By providing coverage to more than 500,000 square miles in the United States where regular towers cannot reach, the service, which is a component of its TSatellite network, seeks to eradicate mobile dead zones. First introduced in July with support for SMS and MMS, the October rollout will allow for appbased data experiences, such as those offered by Google, Apple, AccuWeather, and WhatsApp. Since the test started in late 2024, over 1.8 million users—many of whom are from AT&T and Verizon—have signed up. The service will be offered to others for $10 per month or as part of TMobiles "Experience Beyond" plan. Read More..

B2B Tech News | 2 months ago      

Goldman Sachs Launches Firmwide AI Assistant to Boost Productivity

Goldman Sachs has reached a significant milestone in its technology strategy with the official rollout of its GS AI Assistant throughout the company.

Goldman Sachs has reached a significant milestone in its technology strategy with the official rollout of its GS AI Assistant throughout the company. Ten thousand people have previously piloted the generative AI tool, which will now help employees with activities like data analysis, content creation, and summarising difficult papers. Within Goldmans safe compliance framework2, the assistant, which took a year to develop, interfaces with big language models like GPT and Gemini2. Banks like Citi, Morgan Stanley, and Bank of America are all using AI to optimise operations, so its part of a larger Wall Street trend. Goldman stresses that the technology is designed to increase productivity rather than replace jobs, although industry experts point out that it might result in fewer hirings for routine positions. Read More..

B2B Tech News | 2 months ago      

Elon Musk Plans to Retrain Grok AI With “Corrected” Human Knowledge Base

Elon Musk wants to remove what he refers to as ideological prejudice and false information from existing AI models, so he intends to retrain his AI ch

Elon Musk wants to remove what he refers to as ideological prejudice and false information from existing AI models, so he intends to retrain his AI chatbot Grok using what he calls a “cleaner, corrected” version of human knowledge. The next Grok 3.5 or maybe Grok 4 will have sophisticated reasoning and make an effort to update the global knowledge base by filling in the blanks and fixing mistakes. Musk has asked users to provide "divisive facts"—statements that are factually accurate but politically incorrect—for the training data. Musk is attempting to portray Grok as a more objective and unrestricted substitute for popular AI systems such as ChatGPT. Read More..

B2B Tech News | 2 months ago      

Perplexity Becomes First Chatbot on X to Offer AI Video Generation

Perplexity is the first chatbot on X previously Twitter to offer a free AI videogenerating tool. To obtain an 8second AIgenerated video with native au

Perplexity is the first chatbot on X previously Twitter to offer a free AI videogenerating tool. To obtain an 8second AIgenerated video with native audio and dialogue, users can now tag @AskPerplexity in a post or respond with a text query and, if desired, a picture. The capability allows for the creation of generic lookalikes but refrains from imitating actual celebrities. Perplexity has put safety measures in place to stop deepfakes and abuse. Following the introduction of Perplexity Labs for reports and web apps, the technology contributes to a broader movement towards multimodal AI. Read More..

B2B Tech News | 2 months ago