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GLOBAL NEWS

Qualcomm Acquires Alphawave for $2.4 Billion to Expand AI and Data Center Capabilities

With the goal of enhancing its AI and data centre capabilities, Qualcomm has agreed to pay $2.4 billion to purchase Alphawave, a semiconductor company

With the goal of enhancing its AI and data centre capabilities, Qualcomm has agreed to pay $2.4 billion to purchase Alphawave, a semiconductor company based in the UK. Alphawave shareholders receive 183 pence per share in the deal, which is 96% more than the closing price prior to Qualcomms disclosure of its interest. Alphawave is a critical partner for Qualcomms growth beyond smartphones since it specialises in highspeed networking solutions for data centres and AI workloads. Depending on regulatory approvals, the deal is anticipated to close in early 2026. Read More..

B2B Tech News | 1 months ago      

RBI Deputy Governor Warns of High Interest Rates and Debt Cycles in Microfinance

Concerns about excessive interest rates, excessive borrower debt, and aggressive recovery tactics in Indias microfinance industry have been voiced by

Concerns about excessive interest rates, excessive borrower debt, and aggressive recovery tactics in Indias microfinance industry have been voiced by M. Rajeshwar Rao, deputy governor of the Reserve Bank of India RBI. Rao said during a June 5 event in Mumbai that even lenders who have access to inexpensive capital are imposing exorbitant margins, which is making consumers financial difficulties worse. Even though interest rates have moderated somewhat, there are still areas where rates are high, which creates unsustainable debt cycles. Rao called on lenders to remove harsh recovery techniques, reduce excessive leverage, and improve credit evaluations. He underlined the necessity of structural changes to guarantee that microfinance fulfils its goal of financial inclusion rather than exploitation. Read More..

B2B Tech News | 1 months ago      

IndiaEFTA Trade Agreement Marks a Milestone in Economic Cooperation

By September 2025, the free trade agreement FTA between India and the European Free Trade Association EFTA, which includes Switzerland, Norway, Icelan

By September 2025, the free trade agreement FTA between India and the European Free Trade Association EFTA, which includes Switzerland, Norway, Iceland, and Liechtenstein, will be in effect. The Trade and Economic Partnership Agreement TEPA, which was signed in March 2024, guarantees a $100 billion investment commitment over 15 years, and India would lower tariffs to zero on 80–85% of goods from EFTA countries. EFTA nations will reciprocate by allowing dutyfree access to 99 per cent of Indian exports, including rice. All four EFTA members have approved the accord through their parliaments, and Switzerland has until July 10 to voice any objections. Read More..

B2B Tech News | 1 months ago      

South Korea’s Lee and China’s Xi Discuss Bilateral Cooperation in First Call

On June 10, South Korean President Lee Jaemyung spoke with Chinese President Xi Jinping over the phone for the first time on free trade, regional stab

On June 10, South Korean President Lee Jaemyung spoke with Chinese President Xi Jinping over the phone for the first time on free trade, regional stability, and bilateral cooperation. To keep relations "on the right track," Xi underlined the importance of respecting one anothers fundamental interests. In order to improve Chinas strategic alliance with Seoul, he urged South Korea to fortify exchanges and protect international supply networks. Lee, who assumed office on June 4, has already communicated with Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump, indicating a change in South Koreas foreign policy strategy. Read More..

B2B Tech News | 1 months ago      

Amazon Commits $20 Billion to Pennsylvania Cloud Expansion, Largest in State History

To develop its cloud infrastructure in Pennsylvania, Amazon has announced a $20 billion commitment, the biggest private sector investment in Pennsylva

To develop its cloud infrastructure in Pennsylvania, Amazon has announced a $20 billion commitment, the biggest private sector investment in Pennsylvanias history. The strategy calls for the construction of two sizable data centre campuses—one in Fairless Hills and the other close to the Susquehanna nuclear power plant—to facilitate AIdriven cloud computing. In the AWS data centre supply chain, the initiative will support thousands of additional jobs and generate 1,250 highskilled jobs. The federal government is reviewing Amazons direct power access agreement with the Susquehanna plant, which raises questions about grid equity. Amazons larger AI expansion strategy is in line with this investment, which comes after recent pledges in Taiwan and North Carolina. Read More..

B2B Tech News | 1 months ago      

Google AI Mode Introduces Interactive Charts for Financial Queries

In Googles AI Mode for Search, interactive data visualisation has been included, enabling users to create graphs and charts for financial searches. Th

In Googles AI Mode for Search, interactive data visualisation has been included, enabling users to create graphs and charts for financial searches. The functionality allows for historical trend research and AIdriven stock performance comparisons and is accessible through Google Labs. AI Mode may generate interactive charts in response to user queries such as "Compare the stock performance of blue chip CPG companies in 2024" rather than relying solely on textual answers. On the basis of further user input, the tool refines visualisations and facilitates followup questioning. Future updates might broaden the features current scope, which is restricted to financial data. Read More..

B2B Tech News | 1 months ago      

India Rolls Out First Indigenous Semiconductor Chip Under Aatmanirbhar Bharat

As part of its Aatmanirbhar Bharat project, India has formally introduced its first semiconductor chip made in the country. IT Minister Ashwini Vaishn

As part of its Aatmanirbhar Bharat project, India has formally introduced its first semiconductor chip made in the country. IT Minister Ashwini Vaishnaw has announced that the chips, which are based on 28nm and 90nm nodes, will start production in the middle of 2025. Despite not being as advanced as Taiwans 3nm technology, these nodes are essential for telecom, industrial, and automotive applications. India has traditionally just designed chips, but this is the countrys first significant foray into manufacturing. The implementation is anticipated to boost domestic production, draw in foreign investment, and lessen dependency on imports. Read More..

B2B Tech News | 1 months ago      

Apple Unveils iOS 26 With Liquid Glass Design and AIPowered Enhancements

At WWDC 2025, Apple debuted iOS 26, showcasing the Liquid Glass design—a dynamic, translucent interface influenced by visionOS. By adding Live Trans

At WWDC 2025, Apple debuted iOS 26, showcasing the Liquid Glass design—a dynamic, translucent interface influenced by visionOS. By adding Live Translation for inthemoment FaceTime, phone, and message interactions, the update improves Apple Intelligence. Call Screening is now supported by the Phone app, enabling iPhones to take calls or put users on hold. AIgenerated backdrops, group chat polls, and typing indications are added to Messages, while Safari implements edgetoedge surfing with a floating tab bar. Apple Maps now allows location sharing and proactively notifies users of traffic delays. Boarding cards now feature indoor airport maps, and Apple Pay tracks orders outside of its environment. Although delayed, advanced Siri features should be included in upcoming versions. Read More..

B2B Tech News | 1 months ago