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GLOBAL NEWS

Meta Enhances AI Capabilities with CuttingEdge Data Center Redesign

To improve its AI capabilities, Meta has revealed a revolutionary redesign for its data centres that places a strong emphasis on sustainability, effic

To improve its AI capabilities, Meta has revealed a revolutionary redesign for its data centres that places a strong emphasis on sustainability, efficiency, and creativity. To achieve Metas objective of netzero carbon emissions, the new design includes sophisticated cooling technologies, AIoptimized architecture for quicker data processing and realtime analytics, and renewable energy sources that lower energy usage by 40%. The modular design makes scalability to satisfy expanding demands in AI and machine learning possible without compromising performance. Robust data protection is ensured by improved security mechanisms and threat detection powered by AI. With this makeover, Meta is taking a big step towards an AIpowered future that will spur innovation and sustainability, create jobs, and strengthen the local economy. Read More..

B2B Tech News | 18 days ago      

Barracuda Networks Launches Email Security Solutions in India

Barracuda Networks has extended its range of email security products into the Indian market to assist clients in adhering to local laws. Consumers may

Barracuda Networks has extended its range of email security products into the Indian market to assist clients in adhering to local laws. Consumers may now meet security and compliance requirements by storing data on Amazon Web Services AWS in India. Barracuda offers products such as Barracuda Cloud Archiving for email archiving and compliance, Barracuda Data Inspector for examining and correcting sensitive data in Microsoft 365, and Email Gateway Defence for defence against emailborne cyberattacks. Indias Barracuda Country Manager, Parag Khurana, stressed the value of cyber threat defence in light of the countrys quickly expanding digital economy. As of September 1, 2023, the expansion complies with the Digital Personal Data Protection Act DPDPA standards, guaranteeing strong security measures for compliance and data protection. Read More..

B2B Tech News | 18 days ago      

Gabon Resolves Payment Dispute with World Bank, Arrears Repaid

It seems that Gabon and the World Bank have settled their payment issue. The country in central Africa could not fulfil its obligations by June 30 due

It seems that Gabon and the World Bank have settled their payment issue. The country in central Africa could not fulfil its obligations by June 30 due to technological difficulties. The Ministry of Public Accounts of Gabon verified the repayment of arrears to the World Bank in an undated declaration. This comes after a confidential World Bank memo was leaked on July 1, stating that Gabons ability to withdraw grants and loans was halted for noncompliance, affecting payments of almost $17 million. The Gabonese transitional government, which replaced the previous government, said it would honour its pledge to pay off all existing bills while pointing to inherited debts. Read More..

B2B Tech News | 19 days ago      

Glencores $6.93 Billion Teck Resources Deal Approved by Canada, Focus on Job Protection

Under stringent guidelines to protect workers, the Canadian government has authorised Glencores takeover of Teck Resources steelmaking coal subsidiary

Under stringent guidelines to protect workers, the Canadian government has authorised Glencores takeover of Teck Resources steelmaking coal subsidiary. For Elk Valley Resources EVR, Glencore will guarantee that most of the companys directors are Canadian for a minimum of ten years, and the company will continue to employ a sizable number of people for five years. Teck intends to buy up to C$2.75 billion of its Class B shares, pay down up to $2 billion in debt, and finance the expansion of its copper business with the revenues from the sale. By July 11, the deal is anticipated to be finalised, and Canada will impose strict limits on future mergers and acquisitions involving vital minerals. Read More..

B2B Tech News | 19 days ago      

Shell Faces $2 Billion Impairment Charge on Singapore Refinery, Biofuel Plant Suspension

Shell SHEL.L said that after selling its refinery in Singapore and stopping work on a sizable biofuel project in Europe, it would face an impairment c

Shell SHEL.L said that after selling its refinery in Singapore and stopping work on a sizable biofuel project in Europe, it would face an impairment charge of up to $2 billion. The British energy business stopped development at the Rotterdam project in the Netherlands, which was initially scheduled to start producing 820,000 metric tonnes of biofuels yearly, citing unfavourable market circumstances. In connection with this decision, Shell expects a noncash, posttax impairment of between $600 million and $1 billion, which will be disclosed in its secondquarter earnings on August 1. Furthermore, Shell anticipates an impairment of between $600 million and $800 million on its chemicals hub and refining facility in Singapore, which it announced for sale in May. Read More..

B2B Tech News | 19 days ago      

Atos Secures €575 Million in ShortTerm Financing

The French technology company Atos reported obtaining $621 million in shortterm financing in two loan tranches totalling €575 million. These compris

The French technology company Atos reported obtaining $621 million in shortterm financing in two loan tranches totalling €575 million. These comprise two revolving loan amounts of €225 million and €350 million, contingent on bondholders amending earlier arrangements. Atos anticipates signing this amendment shortly. Furthermore, the business was granted a waiver by banks about a €1.5 billion term loan. By the end of the month, Atos still hopes to secure a definitive restructuring deal. Read More..

B2B Tech News | 19 days ago      

Cloudflare Unveils Free Tool to Combat AI Bot Scraping

To stop AI bots from using its platform to scrape websites for training data, Cloudflare has released a free solution. While some AI businesses, such

To stop AI bots from using its platform to scrape websites for training data, Cloudflare has released a free solution. While some AI businesses, such as Google and OpenAI, let websites use the robots.txt file to prevent their bots, many AI scrapers, according to Cloudflare, disregard these guidelines. By examining AI bot traffic, Cloudflare has improved its bot detection algorithms to detect evasive behaviours that imitate human users to prevent this. Cloudflare will continue to block offensive bots manually, but hosts can report suspicious AI bots via a form. With 26% of the top 1,000 websites already barring OpenAIs bot, this action coincides with a rise in AIdriven data scraping. However, it still needs to be determined if these technologies will be sufficient to discourage AI scraping entirely. Read More..

B2B Tech News | 19 days ago      

Microsoft Uncovers Critical Security Flaws in Rockwell Automations PanelView Plus Devices

Rockwell Automations PanelView Plus devices have two serious security flaws that Microsoft has discovered remotely unauthorised attackers might use th

Rockwell Automations PanelView Plus devices have two serious security flaws that Microsoft has discovered remotely unauthorised attackers might use them. The first vulnerability concerns incorrect input validation, which lets malicious packets execute malware remotely. The second allows memory data reading and can cause a denialofservice DoS problem by sending an excessive packet because of faulty input validation. FactoryTalk Linx and FactoryTalk View Machine Edition are impacted by these vulnerabilities. Advisories regarding these defects were released in September and October of 2023 by CISA and Rockwell Automation. In addition, malware like Xeno RAT and Gh0st RAT are distributed using a serious HTTP File Server vulnerability. Read More..

B2B Tech News | 19 days ago