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GLOBAL NEWS

Revolutionizing Reality The Impact of Humanes Ai Pin

A Silicon Valley firm called Humane has unveiled the Ai Pin, a wearable gadget that costs $699 and uses cuttingedge artificial intelligence. The Ai Pi

A Silicon Valley firm called Humane has unveiled the Ai Pin, a wearable gadget that costs $699 and uses cuttingedge artificial intelligence. The Ai Pin, which is meant to be worn on clothes, makes use of OpenAI and Microsoft technology to facilitate communication with a virtual assistant. Humanes technology emphasises AI interaction above traditional screens, in contrast to mixedreality headsets. The virtual assistant can utilise the builtin camera to take photographs and estimate nutritional content, create messages in the users tone, and summarise emails using the "Catch Me Up" feature. The startup was started by former Apple employees to fuse AI with everyday living. Read More..

B2B Tech News | 27 days ago      

Financial Shockwave ICBC U.S. Division Rocked by Ransomware Assault

Trades involving US Treasury securities were interfered with by a ransomware assault on Chinas Industrial and Commercial Bank of China ICBC U.S. divis

Trades involving US Treasury securities were interfered with by a ransomware assault on Chinas Industrial and Commercial Bank of China ICBC U.S. division. ICBC Financial Services is looking into the event, which they believe was planned by the Lockbit cybercrime group. A rising number of bold assaults are associated with the ransomware trend, which presents difficulties for law enforcement. Even though ICBC was able to clear Treasury and repo deals, the event raises questions about large organisations cybersecurity procedures. Even while the impact on the market appeared to be minimal, concerns about cybersecurity preparedness and possible regulatory scrutiny are probably going to arise. This occurrence makes closing off financial channels for cybercriminals more difficult, necessitating increased international informationsharing. Read More..

B2B Tech News | 27 days ago      

FICOs Outstanding Q4 Performance Sparks Profit Surge

The robust success of Fair Isaac, or FICO, scoring and software divisions was the main driver of the companys greater earnings during the fourth quart

The robust success of Fair Isaac, or FICO, scoring and software divisions was the main driver of the companys greater earnings during the fourth quarter. Financial organisations utilise the FICO Score, which is wellknown, to determine the risk of consumer credit. The companys software section, which offers analytics and data technology to organisations, recorded an 11% sales gain this quarter, while the scoring division saw a 12% revenue increase. With total revenue of $389.7 million, the firm declared a net income of $101.4 million, or $4.01 per share, as opposed to $90.7 million, or $3.55 per share, in the same quarter last year. Read More..

B2B Tech News | 1 months ago      

Viasat Surpasses Expectations with Strong Q2 Revenue

Viasats satellitebased internet services did really well in the second quarter, which helped them make more money than Wall Street expected. The busin

Viasats satellitebased internet services did really well in the second quarter, which helped them make more money than Wall Street expected. The business, which serves residential, commercial, and defence clients in North America with connection and communications services, is seeing rapid expansion in this market. Additionally, Viasat is developing its global mobility value proposition to deliver dependable service in difficulttomanage and crowded locations. Despite a few recent setbacks, such as satellite failures and job losses after Inmarsat was acquired, the business is upbeat about its chances for continued expansion. Viasat anticipates that its total income for 2024, including Inmarsats contributions, will fall between $4.10 billion and $4.25 billion. Read More..

B2B Tech News | 1 months ago      

SingTels Impressive HalfYearly Profit Soars by 83%

The merger of regional partner Telkomsel with IndiHome and increased contributions from its other businesses have helped Singapore Telecommunications

The merger of regional partner Telkomsel with IndiHome and increased contributions from its other businesses have helped Singapore Telecommunications SingTel claim an 83% increase in its halfyearly earnings. To penetrate Indonesias fixed broadband market, Telkomsel, SingTels partner in Indonesia, is combining with the IndiHome broadband division of its parent company. It was anticipated that SingTel would own a 29.6% share in the expanded integrated mobile and fixed broadband firm following the completion of this agreement in the third quarter of 2023. In contrast to S$1.17 billion the year before, SingTels net profit for the six months that ended on September 30 was S$2.14 billion $1.58 billion. Read More..

B2B Tech News | 1 months ago      

Toyotas EV Push Thailand Aims to Boost EcoCar Manufacturing

Thailand is concentrating on auto production, namely in pickup trucks and ecocars, and is working with Toyota Motor Corp. to grow its electric vehicle

Thailand is concentrating on auto production, namely in pickup trucks and ecocars, and is working with Toyota Motor Corp. to grow its electric vehicle EV business. As part of its attempt to increase EV sales in Thailand, where it is facing increasing competition from Chinese rivals, Toyota intends to testdrive the first electric pickup truck in that nation. By 2030, Thailand wants to produce 2.5 million EVs annually or onethird of all cars. Around half of all EV sales in Southeast Asia occurred in the nation in the second quarter, with Chinese brands leading the way. Read More..

B2B Tech News | 1 months ago      

Nicolai Tangens Vision Norways Wealth Fund Leverages AI for Growth

The largest sovereign wealth fund in the world, worth $1.4 trillion, is utilising artificial intelligence AI to improve its investment management. CEO

The largest sovereign wealth fund in the world, worth $1.4 trillion, is utilising artificial intelligence AI to improve its investment management. CEO Nicolai Tangen has established an internal target to increase productivity by 10% during the next year through decreased trading and more effective use of AI for portfolio changes. The fund has also pushed for responsible AI use by the nearly 9,200 businesses it invests in, with an emphasis on the big tech, healthcare, and finance industries. The potential for AI to have a substantial influence on these sectors and the necessity of assuring responsible AI development—including human monitoring and accountability—are the driving forces behind this movement. Read More..

B2B Tech News | 1 months ago      

SiriusXMs GameChanger New App Aims to Outshine Spotify

With a new app and a redesigned logo, SiriusXM is hoping to attract more users and stay competitive amidst growing competition from Spotify, another s

With a new app and a redesigned logo, SiriusXM is hoping to attract more users and stay competitive amidst growing competition from Spotify, another streaming service. The apps allaccess package, which will launch in North America on December 14, will cost $9.99 per month. This is in contrast to the existing allinclusive, streamingonly plan, which costs $10.99 per month following a threemonth introductory period. A personalised landing page and carefully chosen sections are a couple of the new features. Starting in early 2024, SiriusXM and Audible will collaborate to exchange content. Read More..

B2B Tech News | 1 months ago