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GLOBAL NEWS

ECB Cuts Interest Rates to 2% as Inflation Falls Below Target

After a peak of 4% in 2023–2024, the European Central Bank ECB lowered its benchmark deposit rate to 2% for the seventh time. Amid a declining Euroz

After a peak of 4% in 2023–2024, the European Central Bank ECB lowered its benchmark deposit rate to 2% for the seventh time. Amid a declining Eurozone economy and trade concerns with the United States, the move attempts to boost consumers and businesses. ECB President Christine Lagarde stressed that there is still an opportunity for additional easing because inflation has dropped to 1.9%, which is below the 2% target. Inflation is expected to return to 2% by 2027, although the ECB also lowered its 2026 inflation projection to 1.6%. Because of the uncertainties surrounding U.S. trade policies, the ECB is still cautious, even if analysts expect more rate reductions. Read More..

B2B Tech News | 25 days ago      

Microsoft’s June 2025 Patch Tuesday Fixes 67 Security Flaws, Including Two ZeroDays

The June 2025 Patch Tuesday release from Microsoft fixes 67 security vulnerabilities, including two zeroday vulnerabilities. Prior to the patch, one o

The June 2025 Patch Tuesday release from Microsoft fixes 67 security vulnerabilities, including two zeroday vulnerabilities. Prior to the patch, one of these vulnerabilities was actively exploited. By deceiving users into clicking on a malicious URL, the most serious vulnerability, CVE202533053, impacts Web Distributed Authoring and Versioning WebDAV and enables attackers to execute remote malware. The second zeroday, CVE202533073, affects the Windows SMB client and gives hackers access to susceptible machines system rights. Additionally, Microsoft patched 11 serious vulnerabilities, including those related to remote code execution. The company fixed Microsoft Edge security flaws earlier this month, including a Google Chrome zeroday vulnerability. Read More..

B2B Tech News | 25 days ago      

Deloitte Launches Asia Pacific Agentic AI CoE to Accelerate Trusted AI Adoption

In an effort to expedite the transformation of trustworthy AI, Deloitte established its Asia Pacific Agentic AI Centre of Excellence CoE in Singapore,

In an effort to expedite the transformation of trustworthy AI, Deloitte established its Asia Pacific Agentic AI Centre of Excellence CoE in Singapore, Malaysia, and India. The CoE supports more than $1 billion worth of AI implementations and brings together more than 6,000 practitioners. It links delivery centres in North America, Asia Pacific, and EMEA and is tightly connected with Deloittes Global Agentic Network. Agentic AI, which permits autonomous decisionmaking and ongoing learning, is the initiatives main focus. Enterpriseready digital agents for marketing, sales, procurement, and finance will be powered by Deloittes Zora AI technology stack, which was created in partnership with NVIDIA. Additionally, the CoE will speed up proofofconcept development, establishing India as a leader in agentic AI worldwide. Read More..

B2B Tech News | 25 days ago      

OpenAI Unveils O3Pro, Its Most Advanced AI Reasoning Model Yet

The latest reasoning model from OpenAI, O3Pro, is intended for use in writing, science, programming, and mathematics. With enterprise and educational

The latest reasoning model from OpenAI, O3Pro, is intended for use in writing, science, programming, and mathematics. With enterprise and educational access on the horizon, it takes the place of O1Pro for ChatGPT Pro and Team users. Important features include better reasoning, better tool integrations such as file analysis, online search, Python execution, and computer vision, and greater RAM, which allows for more customised solutions. The model performs better than Claude 4 Opus in scientific tests and Google Gemini 2.5 Pro in math benchmarks however, image production is still not supported. Developers can now use tokens more affordably thanks to OpenAIs reduction in token prices. Although ChatGPTs temporary chats are disabled due to technical difficulties, OpenAI is still working to improve the models capabilities. Read More..

B2B Tech News | 25 days ago      

Sam Altman’s Tools for Humanity Expands EyeScanning Orbs Across the UK

In the UK, Sam Altmans Tools for Humanity has expanded their biometric identity verification system by including eyescanning Orbs. With ambitions to e

In the UK, Sam Altmans Tools for Humanity has expanded their biometric identity verification system by including eyescanning Orbs. With ambitions to expand to Manchester, Birmingham, Cardiff, Belfast, and Glasgow, the Orbs—which use a users irises to produce a World ID—are now available in London. The solution offers secure authentication without requiring personal information and attempts to counter AIgenerated deepfakes. In addition to their digital identity, users who choose to participate receive Worldcoin cryptocurrency prizes. The project is being closely examined by officials in Germany, Argentina, Spain, and Hong Kong, raising privacy concerns. Read More..

B2B Tech News | 25 days ago      

Nvidia CEO Jensen Huang Declares Quantum Computing at an Inflection Point

Nvidias CEO, Jensen Huang, asserted that quantum computing is poised for significant advancement, paving the way for more beneficial applications in t

Nvidias CEO, Jensen Huang, asserted that quantum computing is poised for significant advancement, paving the way for more beneficial applications in the future. At the Paris VivaTech conference, Huang underlined that, in the near future, quantum computing might resolve complicated issues that would otherwise need years of processing on Nvidias most sophisticated AI systems. Following IBMs recent disclosure of a largescale quantum computer that can operate errorfree by 2029—a major step towards widespread adoption—his comments come after the news. Stocks in quantum computing also soared as a result of Huangs remarks, with large increases made by firms including DWave Quantum, IonQ, and Rigetti Computing. Read More..

B2B Tech News | 25 days ago      

Ethiopia Projects 8.9% GDP Growth for 2025/2026 Amid Debt Challenges

Finance Minister Ahmed Shide has raised the forecast for Ethiopias economys growth from 8.4% to 8.9% in fiscal year 2025–2026. Despite this hope, E

Finance Minister Ahmed Shide has raised the forecast for Ethiopias economys growth from 8.4% to 8.9% in fiscal year 2025–2026. Despite this hope, Ethiopia still has problems with inflation, debt, and currency shortages. The country agreed to stop supporting its currency and undertake a 30% devaluation in exchange for a $3.4 billion rescue from the IMF, which helped to drive inflation to 14.4% in April. For economic stabilisation, the central bank has restricted lending to the private sector and tightened controls on the money supply. Ethiopia must also fulfil its obligations to economic transformation by allowing foreign investment in its banking and telecommunications industries. Read More..

B2B Tech News | 25 days ago      

U.S.China Framework Agreement Eases Rare Earth and AI Chip Export Curbs

After two days of negotiations in London, the U.S. and China have settled on a framework agreement to reduce export limits on advanced technology and

After two days of negotiations in London, the U.S. and China have settled on a framework agreement to reduce export limits on advanced technology and rare earth minerals. Presidents Donald Trump and Xi Jinping are currently awaiting acceptance of the agreement, which expands upon the Geneva consensus reached in May. In addition to removing U.S. limitations on AI chips and semiconductor design software, the accord seeks to restart rare earth exports from China. If a more comprehensive trade agreement is not reached by August 10th, tariffs will return to their pretruce levels. Read More..

B2B Tech News | 25 days ago