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Argentinas President Javier Milei Taps Tinder to Connect with Big Tech

Renowned libertarian Argentine president Javier Milei is allegedly using Tinder to establish connections with worldwide Big Tech. Milei reported that

Renowned libertarian Argentine president Javier Milei is allegedly using Tinder to establish connections with worldwide Big Tech. Milei reported that he spoke with Sean Rad, the cofounder of Tinder, during a conference call, and they decided to bring other digital entrepreneurs to Buenos Aires for a tech summit. This project is a component of Mileis more significant endeavour to draw investment in several industries, such as mining, technology, and oil, to alleviate Argentinas economic difficulties. With a pledge to take unorthodox steps to get the nation out of a dire economic situation, Milei ran for president. Read More..

B2B Tech News | 22 days ago      

AMD Boosts AI Processor Forecast to $3.5 Billion for 2024

The chip manufacturer AMD Advanced Micro Devices has raised its estimate for Artificial Intelligence AI processors to $3.5 billion overall by $1.5 bil

The chip manufacturer AMD Advanced Micro Devices has raised its estimate for Artificial Intelligence AI processors to $3.5 billion overall by $1.5 billion by 2024. The tripling of AI processor estimates did not meet Wall Streets lofty standards, though, and investors were unhappy. AMDs total sales for the fourth quarter came to $6.17 billion, a little more than the $6.12 billion experts had predicted. Although the AI area performed well, there were worries about the programmable chip markets fragility and a decline in gaming income. Read More..

B2B Tech News | 22 days ago      

Job Cuts Ahead PayPal to Reduce Workforce by 9%

According to reports, payments company PayPal Holdings PYPL.O intends to eliminate around 2,500 positions this year, or 9% of its total staff worldwid

According to reports, payments company PayPal Holdings PYPL.O intends to eliminate around 2,500 positions this year, or 9% of its total staff worldwide. In a letter to employees, PayPal CEO Alex Chriss announced that the business has decided to "rightsize" by eliminating unfilled positions and making direct layoffs over the year. By the end of the week, notice is anticipated to be given to the impacted employees. The change aims to provide PayPal with the ability to act faster to serve its clients and spur profitable expansion. The corporation has been concentrating on cutting costs and boosting income that isnt just transactionrelated. Read More..

B2B Tech News | 22 days ago      

Rakuten Group Set to Issue $1.8 Billion in 3Year Senior Notes

The Japanese ecommerce giant Rakuten Group 4755.T revealed intentions to issue $1.8 billion in 3year senior notes with an interest rate of 11.25% in U

The Japanese ecommerce giant Rakuten Group 4755.T revealed intentions to issue $1.8 billion in 3year senior notes with an interest rate of 11.25% in U.S. dollars. With a total principal outstanding of $1.75 billion, the money raised will be utilised to fully buy back the companys 10.25% senior notes and 3.546% senior notes, both of which are due in 2024. The corporation increased its tender offers to cover all outstanding notes of both series and the ones it had previously made to repurchase them. Read More..

B2B Tech News | 22 days ago      

Market Selloff Hits AI Companies After Disappointing Quarterly Results

When Microsoft, Alphabet, and Advanced Micro Devices released their quarterly results below investor expectations, the stock values of several AIrelat

When Microsoft, Alphabet, and Advanced Micro Devices released their quarterly results below investor expectations, the stock values of several AIrelated firms saw a sharp decrease. The selloff emphasises the elevated anticipations stoked by the latest AIdriven surge in the stock market. Alphabets 5.6% decline was ascribed to higher data centre expenses to support its artificial intelligence initiatives and lowerthanexpected ad income for the December quarter. While Advanced Micro Devices stock sank 6% after missing projections for its Q1 sales, Microsofts stock declined 0.7% despite exceeding analyst estimates. Extended trade also showed a drop in Nvidias shares, which had risen on confidence about AI. Read More..

B2B Tech News | 22 days ago      

Indian Database Breach Personal Information of 750 Million Exposed

According to reports, a significant data breach has compromised the personal information of millions of people worldwide, affecting 85% of Indians and

According to reports, a significant data breach has compromised the personal information of millions of people worldwide, affecting 85% of Indians and making it the largestever breach of its sort. The Aadhaar card numbers, names, cellphone numbers, residences, and other personal information of 750 million Indians are compromised, according to research by the Indian cybersecurity company CloudSEK. Due to the exposure of individuals unique Aadhaar identifying numbers, the breached database—which is for sale on Telegram and Breach Forums—raises serious privacy and data security issues, especially for Indian users who may be at risk of identity theft, financial fraud, and cybercrime. The data is being sold by UNIT8200 and CyboDevil, two distinct cybercrime gangs, for $3,000. Read More..

B2B Tech News | 22 days ago      

TSMC Plans Second Chip Plant in Japans Kumamoto Prefecture

The largest contract chip manufacturer in the world, Taiwan Semiconductor Manufacturing Co. TSMC, is considering constructing a second facility in Kum

The largest contract chip manufacturer in the world, Taiwan Semiconductor Manufacturing Co. TSMC, is considering constructing a second facility in Kumamoto Prefecture, Japan. A formal announcement on the second factorys site is anticipated in February. To boost the prefectures economy in southwest Japan, TSMC plans to invest around 2 trillion yen, or $17.2 billion, in the new factory. On the other hand, possible problems, including traffic congestion and groundwater contamination, have drawn attention. Read More..

B2B Tech News | 22 days ago      

Cybersecurity Move U.S. Government Takes Action Against "Volt Typhoon"

"Volt Typhoon," a Chinese hacker outfit, purportedly had its networks interrupted by the U.S. government. The reported participation of this organisat

"Volt Typhoon," a Chinese hacker outfit, purportedly had its networks interrupted by the U.S. government. The reported participation of this organisation in efforts to breach essential infrastructure in the West, such as utilities, internet service providers, and naval ports, has alarmed intelligence authorities. There are worries that these hackers could be attempting to compromise American preparedness if China invades Taiwan. Volt Typhoons interruption is interpreted as reacting to the groups possible danger. The persistent cyber tensions between China and the United States are brought to light by this occurrence. Read More..

B2B Tech News | 22 days ago