Header-template

GLOBAL NEWS

EU Requests Information from Tech Giants Under Digital Services Act

By the EUs Digital Services Act DSA, the European Commission has filed information requests for 17 major digital companies, including Amazon, Apple, M

By the EUs Digital Services Act DSA, the European Commission has filed information requests for 17 major digital companies, including Amazon, Apple, Meta, Google, Microsoft, LinkedIn, Snapchat, TikTok, and YouTube. The EU is looking for information on the steps these businesses have taken to give academics access to pertinent data for the following national and EU elections and their efforts to combat illicit content and online sales of items. Since November 2023, the DSA has required massive internet platforms and search engines to take further steps to address dangers to public safety and unlawful material. This action is a component of the EUs continuous attempts to control digital services. Read More..

B2B Tech News | 1 months ago      

U.S. Designates Houthi Rebels as Terrorists After Red Sea Attacks

After they assaulted a second Americanoperated vessel in the Red Sea, the Houthi rebels, who are headquartered in Yemen, were branded as terrorists by

After they assaulted a second Americanoperated vessel in the Red Sea, the Houthi rebels, who are headquartered in Yemen, were branded as terrorists by the United States. In reaction to US and British bombings, the Houthis, who are aligned with Iran, declare their support for the Palestinian people and vow to launch further attacks. The US military carried out new strikes against the Houthi rockets that were a danger. Major powers have been impacted as commerce between Asia and Europe has stalled due to shipping problems. Attacks by the Houthis cast doubt on the security of the Red Sea, forcing shipping companies such as Maersk to reroute ships and clogging up the worlds supply chains. Italy proposes an EU mission for marine security. Extended assaults might result in a lack of tankers. Read More..

B2B Tech News | 1 months ago      

ECB Expected to Reduce Interest Rates in Upcoming Quarter, Says Reuters Poll

According to a Reuters poll, the European Central Bank ECB will likely lower interest rates in the upcoming quarter. Of those surveyed, 45% thought it

According to a Reuters poll, the European Central Bank ECB will likely lower interest rates in the upcoming quarter. Of those surveyed, 45% thought it would happen in June. The survey also suggests that an earlier rather than later date for the first ECB rate drop is more likely. With the first decrease anticipated in April, investors are presently factoring in around 150 basis points of reductions this year. Regarding the timetable, economists disagree with financial markets even if they anticipate the first rate drop for the upcoming quarter. 38 out of 85 respondents, a sizable minority, predicted the first ECB cut will occur in June. Read More..

B2B Tech News | 1 months ago      

BYD Launches Three Electric Vehicle Models in Indonesia

The worlds largest electric car manufacturer, BYD of China, has debuted three batteryelectric vehicles in Indonesia as part of its strategy to increas

The worlds largest electric car manufacturer, BYD of China, has debuted three batteryelectric vehicles in Indonesia as part of its strategy to increase its market share in the largest economy in Southeast Asia. With most of its sales in China, BYD overtook Tesla as the leading global electric vehicle manufacturer in the fourth quarter. With a $1.3 billion investment in facilities capable of producing 150,000 vehicles, the business hopes to take advantage of Indonesias booming demand for electric vehicles. Indonesia is pushing hard to adopt electric vehicles and draw capital to support regional supply chains and battery manufacturing. Read More..

B2B Tech News | 1 months ago      

TSMC Forecasts Over 20% Revenue Growth Driven by AI Demand

The biggest contract chipmaker in the world, Taiwan Semiconductor Manufacturing Co. Ltd. TSMC, has forecasted stable capital investment for the curren

The biggest contract chipmaker in the world, Taiwan Semiconductor Manufacturing Co. Ltd. TSMC, has forecasted stable capital investment for the current year and expects over 20% revenue growth driven by Artificial Intelligence AI demand. In addition to announcing plans to increase its worldwide production footprint, including the anticipated start of building at its fab site in Germany later this year, TSMC also posted a quarterly net profit above market forecasts. Despite beating market expectations, the corporation reported a 19% decline in net profit for October–December. TSMC anticipates sales growth in the low to mid20% range in US dollars in 2024. Read More..

B2B Tech News | 1 months ago      

Russian Tech Student Faces Treason Charges Over Alleged Assistance to Ukrainian Hackers

Seymour Israfilov, a Russian IT student, might be charged with treason for allegedly helping Ukrainian hackers carry out cyberattacks on Russia. Israf

Seymour Israfilov, a Russian IT student, might be charged with treason for allegedly helping Ukrainian hackers carry out cyberattacks on Russia. Israfilov is suspected of having "proUkrainian views" and supporting Ukrainian hacking organisations in their attacks on Russian computer infrastructure. He was detained by the Russian security services FSB in October. As part of the Cyber Anarchy Squad, Israfilov, an 18yearold student, was purportedly involved in cyberattacks on colleges and municipal government. He may spend up to 20 years in jail if proven guilty. In Russia, people are frequently arrested on suspicion of participating in cyberattacks against the government. Read More..

B2B Tech News | 1 months ago      

Wipro Optimistic About 2024 as Clients Embrace AI for Cost Savings

The fourthlargest IT company in India, Wipro, is upbeat about the upcoming fiscal year since more and more clients are utilising artificial intelligen

The fourthlargest IT company in India, Wipro, is upbeat about the upcoming fiscal year since more and more clients are utilising artificial intelligence AI to save expenses. According to Suzanne Dann, Head of Wipros Americas 2 business, most customer discussions centre on costcutting measures, with artificial intelligence playing a significant role. The Americas 2 segment comprises Canada, banking, and insurance, accounting for almost 30% of Wipros total sales. The business sees chances in clients moving to the cloud and seeing the benefits of AI to boost productivity, even after a challenging year. According to Srini Pallia, CEO of Wipro Americas 1, 2024 will be a turning point for customers deploying generative AI. Read More..

B2B Tech News | 1 months ago      

Samsungs Galaxy S24 Series Integrates AI Features, Including RealTime Phone Call Translation

To rival Apple, Samsung has announced that its newest line of highend smartphones, the Galaxy S24 series, would have several artificial intelligence f

To rival Apple, Samsung has announced that its newest line of highend smartphones, the Galaxy S24 series, would have several artificial intelligence features, such as simultaneous translation of phone conversations into different languages. Samsung is utilising AI as part of a plan to draw customers and take back market share in smartphones. The Galaxy S24 series brings realtime, twoway voice translation for live phone calls in many languages and other features, including AI message translation, AI summaries, and a "circletosearch" feature. Users devices are downloaded with AI functions that prioritise security and privacy. The Galaxy S24 series from Samsung will go on sale on January 31, 2024. Read More..

B2B Tech News | 1 months ago