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GLOBAL NEWS

U.S. and European Firms Shift Investments Away from China to India and Beyond

U.S. and European companies are increasingly redirecting their investments from China to other emerging markets, with India being the primary recipien

U.S. and European companies are increasingly redirecting their investments from China to other emerging markets, with India being the primary recipient, followed by Mexico, Vietnam, and Malaysia. This trend reflects growing concerns about Chinas business environment, economic recovery, and politics among foreign investors. The report notes that greenfield investment in India surged by 400% between 2021 and 2022, reaching $65 billion, while investment in China dropped to under $20 billion in 2022, down from its peak of $120 billion in 2018. Diversification efforts are underway to reduce dependence on China, but it will take time due to Chinas central role in global supply chains. Read More..

B2B Tech News | 17 days ago      

Arm, Instacart, Klaviyo Goldman Sachs HighStakes IPO Advisory Role

After a slow year for American IPOs, massive tech IPOs are returning, putting Goldman Sachs in a crucial position. Instacart, Klaviyo, and chip design

After a slow year for American IPOs, massive tech IPOs are returning, putting Goldman Sachs in a crucial position. Instacart, Klaviyo, and chip designer Arm are all preparing to go public, with Goldman serving as a critical advisor for each. Successful IPOs would increase the market and Goldmans confidence, which has experienced a revenue downturn and internal issues. For Instacart and Klaviyo, Goldman is the principal advisor, and other banks split the role for Arm. If the IPOs go poorly, the banks place at the top of Wall Streets league tables could be in jeopardy. Furthermore, individuals have raised concerns about Arms governance and valuation. Read More..

B2B Tech News | 17 days ago      

Meta Platforms Expands WhatsApp Channels Globally for Celeb Updates

Users in more than 150 countries will soon be able to access WhatsApp Channels, a broadcast service that offers personal updates from wellknown people

Users in more than 150 countries will soon be able to access WhatsApp Channels, a broadcast service that offers personal updates from wellknown people and opinion leaders. By establishing Metas social media applications as the leading centres for content creators to interact with followers, this approach seeks to increase engagement across all platforms. In June, Instagrams Broadcast Channels functionality and WhatsApp Channels both made their debuts in Colombia and Singapore. WhatsApp channels are distinct from standard chats, and users who follow one another are not visible to one another. Read More..

B2B Tech News | 17 days ago      

Dutch Watchdog Probes iPhone 12 Radiation Allegations

The European Unions radiation exposure limitations are allegedly exceeded by Apples iPhone 12, according to claims made in a French report, according

The European Unions radiation exposure limitations are allegedly exceeded by Apples iPhone 12, according to claims made in a French report, according to the Dutch digital watchdog. The ANFR of France demanded that Apple halt sales of the iPhone 12 in France after tests revealed that its Specific Absorption Rate SAR exceeded permitted limits. Dutch officials emphasise mobile phone securitys significance and intend to speak with Apple. The regulator in Germany might also take action, and the Spanish consumer group OCU wants to stop the sale of the iPhone 12. Apple has supplied test results to the French agency and rejects its conclusions, claiming the iPad complies with international radiation regulations. Read More..

B2B Tech News | 17 days ago      

Firefox and Thunderbird Get Essential Security Patches

Mozilla has published crucial security upgrades for Firefox and Thunderbird to address a zeroday vulnerability CVE20234863 currently being aggressivel

Mozilla has published crucial security upgrades for Firefox and Thunderbird to address a zeroday vulnerability CVE20234863 currently being aggressively exploited in the wild. The WebP picture format has a heap buffer overflow bug that could allow arbitrary code execution when processing a suitably created image. The vulnerability might allow remote attackers to write an outofbounds memory through a specially designed HTML page. Citizen Lab and Apples Security Engineering and Architecture disclosed the vulnerability. Firefox 117.0.1, Firefox ESR 115.2.1, Firefox ESR 102.15.1, Thunderbird 102.15.1, and Thunderbird 115.2.2 are among Mozillas upgrades. These improvements safeguard vulnerable people from potential exploitation, including journalists and activists. Read More..

B2B Tech News | 17 days ago      

In Davenport, Iowa, Summit and Continental Cement make investments in the largest cement storage dome in North America.

In collaboration with its subsidiary Continental Cement Company, LLC, a leading provider of construction materials solutions, ummit Materials, Inc. NY

In collaboration with its subsidiary Continental Cement Company, LLC, a leading provider of construction materials solutions, ummit Materials, Inc. NYSE SUM Summit, Summit Materials, Summit Inc. or the Company announced the opening of the Davenport Cement Storage Dome, the largest cement storage dome in North America with a storage capacity of 125,000t of cement. The project was finished on schedule, within budget, and most significantly, safely.All of the concrete used in the Davenport Cement Storage Dome project was PLC, and Summit is the first cement producer in the United States to switch their entire cement production to PLC, a reduced carbon product. Read More..

B2B Tech News | 6 months ago      

Microsoft Exchange and Log4j remain the most common compromise points.

The reports insights show that the threat actor community has experienced a year of turmoil as a result of Russias invasion of Ukraine, the lack of mu

The reports insights show that the threat actor community has experienced a year of turmoil as a result of Russias invasion of Ukraine, the lack of multifactor authentication MFA, business email compromise attacks, and the widespread use of Log4Shell and ProxyShell more than a year after their initial disclosure. Arctic Wolf Labs is in charge of providing threat research on new and emerging enemies using the more than three trillion security events the Arctic Wolf Security Operations Cloud ingests, parses, enriches, and analyses each week. A leading cloudnative security operations platform from Arctic Wolf gives customers the ability to control their cyber risk in the face of contemporary cyberattacks. Read More..

B2B Tech News | 6 months ago      

Lithuanias HeavyFinance prepared to explore every available opportunity in Europe with €3 million Seed round

HeavyFinance, a marketplace for sustainable agrifinance based in Vilnius, has acquired €3 million in a seed round to fund growth and double its staf

HeavyFinance, a marketplace for sustainable agrifinance based in Vilnius, has acquired €3 million in a seed round to fund growth and double its staff size. VC company Practica Capital took the lead in the round. The marketplace of HeavyFinance offers financing and loan programmes for SMEs engaged in or selling equipment for sustainable farming practises. Along with doubling its current 33person workforce and expanding internationally HeavyFinance currently operates in Poland, Portugal, Lithuania, Latvia, and Bulgaria, the company also has plans to sign up 200,000 hectares of regenerative farmland for a carbon farming initiative that will give companies the chance to offset their carbon footprint. Read More..

B2B Tech News | 6 months ago