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GLOBAL NEWS

Amazons Project Kuiper Achieves Milestone with First Satellite Launch

Amazons $10 billion Project Kuiper has reached a significant milestone with successfully launching its first set of Kuiper internet satellites. The sa

Amazons $10 billion Project Kuiper has reached a significant milestone with successfully launching its first set of Kuiper internet satellites. The satellites are part of a proposed constellation of 3,236 satellites intended to provide worldwide broadband internet services. They were launched on a United Launch Alliance Atlas V rocket from Cape Canaveral, Florida. This puts SpaceXs Starlink, which now runs more than 7,000 satellites, in direct competition with Amazon. Project Kuiper uses Amazons knowledge of consumer goods and cloud computing to target disadvantaged areas. With services anticipated to start later this year, the launch, which was previously postponed because of bad weather, represents the first operational deployment. The FCC has given Amazon until the middle of 2026 to install half of its satellite network. Read More..

B2B Tech News | 25 days ago      

Alibaba Unveils Qwen 3, Elevating Competition in Chinas AI Landscape

Alibaba has introduced Qwen 3, a sophisticated AI model with hybrid reasoning skills to increase developers flexibility and productivity. After Baidus

Alibaba has introduced Qwen 3, a sophisticated AI model with hybrid reasoning skills to increase developers flexibility and productivity. After Baidus recent release of Ernie 4.5 Turbo and the success of local firm DeepSeek, this launch increases competition in Chinas AI market. By combining dynamic reasoning with traditional AI features, Qwen 3 can efficiently manage challenging tasks. With support for 119 languages and training on a 36 trillion token dataset, the model outperforms Qwen 2.5Max by a wide margin. Alibaba wants to show its dedication to innovation in the quickly changing AI space by positioning Qwen 3 as a flexible tool for app and software developers. Read More..

B2B Tech News | 25 days ago      

DRC and Rwanda Sign U.S.Brokered Peace Agreement to Stabilize Eastern Congo

In Washington, Rwanda and the Democratic Republic of the Congo DRC inked a deal mediated by the United States to promote economic growth and peace in

In Washington, Rwanda and the Democratic Republic of the Congo DRC inked a deal mediated by the United States to promote economic growth and peace in eastern Congo. The agreement, which was signed by the foreign ministers of the two nations in front of U.S. Secretary of State Marco Rubio, aims to resolve a longrunning conflict that has been made worse by the M23 rebel groups comeback. Mutual respect for sovereignty, an end to hostilities, and regional economic integration are all emphasised in the accord. Another goal is U.S. investments in Congos abundant mineral resources, such as copper, cobalt, and lithium. This effort is a diplomatic attempt to restore bilateral ties and stabilise the area. Read More..

B2B Tech News | 25 days ago      

IndiaNetherlands Talks Strengthen Trade Ties, Exports Hit $22.76 Billion

During Commerce Secretary Sunil Barthwals visit to The Hague, talks have been held to strengthen trade and investment relations between India and the

During Commerce Secretary Sunil Barthwals visit to The Hague, talks have been held to strengthen trade and investment relations between India and the Netherlands. The main discussion topics were strategic economic cooperation and collaboration through the Joint Trade and Investment Committee JTIC. While imports totalled over $5 billion in 2024–2025, Indias exports to the Netherlands increased by 1.75% to $22.76 billion. Cooperation in entrepreneurship, technology sharing, and growing startup alliances were also covered during the visit. As Indias top European destination for merchandise exports, the Netherlands, this programme highlights the two countries expanding economic ties. Read More..

B2B Tech News | 25 days ago      

Totvs Enters Exclusive Talks to Acquire Linx, Strengthening Software Portfolio

A significant milestone in its expansion strategy has been reached with the signing of an exclusivity agreement by Brazilian software company Totvs to

A significant milestone in its expansion strategy has been reached with the signing of an exclusivity agreement by Brazilian software company Totvs to negotiate the acquisition of Linx, a division of StoneCo. Before StoneCos successful proposal in 2020, Totvs had attempted to purchase Linx but had withdrawn from the competitive process in February. Both parties may move forward at their discretion under the exclusivity agreement, provided the authorities approve it. The acquisition would improve Totvs standing in the software solutions market, especially in the manufacturing, agro, and retail industries. Totvs dedication to strengthening its market position and utilising Linxs retail software experience is demonstrated by this development. Read More..

B2B Tech News | 25 days ago      

World Bank Economist Warns of Rising Debt Crisis in Emerging Markets

Indermit Gill, the chief economist at the World Bank, has expressed concerns about growing debt levels and slow development in developing nations, whi

Indermit Gill, the chief economist at the World Bank, has expressed concerns about growing debt levels and slow development in developing nations, which are made worse by trade uncertainty brought on by U.S. tariffs. Gill stressed that, at a rate double that of 2024, half of the 150 emerging nations either have difficulty repaying their debt or are in danger of going into distress. He asked these countries to lower their tariffs to promote trade and economic stability. Regarding trade concerns, the IMF reduced its 2025 global growth projections to 2.8%. Gill warned that high debt servicing costs restrict investments in healthcare and education, emphasising the need for immediate action to solve these issues. Read More..

B2B Tech News | 25 days ago      

IndiaAI Mission Empowers Sarvam to Build Sovereign LLM with Atmanirbhar Vision

In a historic step, the Indian government has chosen Sarvam, an AI firm in Bengaluru, to create the nations first sovereign large language model LLM a

In a historic step, the Indian government has chosen Sarvam, an AI firm in Bengaluru, to create the nations first sovereign large language model LLM as part of the ₹10,000 crore IndiaAI Mission. Using local talent and infrastructure, the model, which is intended to enable voice, reasoning, and fluency in Indian languages, will be developed wholly in India. 4,096 Nvidia H100 GPUs will be made available to Sarvam for training, with a sixmonth timeline for a safe, widespread rollout. The project supports Indias Atmanirbhar Bharat agenda by encouraging strategic autonomy and innovation. Three model variations—SarvamLarge, SarvamSmall, and SarvamEdge—will be developed by Sarvam to accommodate a range of applications. In addition to successfully meeting domestic demands, this project establishes India as a global leader in AI. Read More..

B2B Tech News | 25 days ago      

ByteDance Eyes Brazil for Major Data Center Investment, Leveraging Wind Energy

TikToks parent firm, ByteDance, is considering investing in a data centre in Brazil by taking advantage of the nations plentiful wind energy resources

TikToks parent firm, ByteDance, is considering investing in a data centre in Brazil by taking advantage of the nations plentiful wind energy resources. With a 300 MW initial capacity, the facility—possibly situated in Cearás Pecem port complex—could grow to 900 MW. For this project, ByteDance is negotiating with Casa dos Ventos, a sustainable energy producer, which supports Brazils goal of becoming a global centre for data centres. Following its $8.8 billion investment in data centres in Thailand earlier this year, ByteDances plan to bolster its operations in the Western Hemisphere is reflected in the effort. Read More..

B2B Tech News | 25 days ago