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Google Wallet Debuts in India, Integrates Pine Labs for Gift Card Management

Google Wallet was released in India and has since partnered with Pine Labs to add gift cards. Thanks to this partnership, gift cards can now be manage

Google Wallet was released in India and has since partnered with Pine Labs to add gift cards. Thanks to this partnership, gift cards can now be managed directly from the Google Wallet app on Android smartphones. Google offers the technology to store and manage these cards, including buypoint reminders. At the same time, Pine Labs contributes its experience with brand gift cards. The increase in egifting among younger customers is expected to propel the growth of the gift cards market in India, which is expected to reach $15.7 billion by 2028 from $7.6 billion in 2023. Because so many people use Android, Pine Labs Navin Chandani predicts a significant rise in the use of Gift Cards. Ram Papatla from Google emphasized the partnerships potential to offer users secure, manageable, and innovative experiences. Read More..

B2B Tech News | 1 months ago      

EU Approves 2 Billion Euro Aid for STMicroelectronics Sicily Plant

Italian state aid measures worth 2 billion euros $2.16 billion have been granted by the European Commission to help STMicroelectronics develop a new s

Italian state aid measures worth 2 billion euros $2.16 billion have been granted by the European Commission to help STMicroelectronics develop a new semiconductor manufacturing plant in Catania, Sicily. Set up as a direct grant this assistance is a component of a broader investment initiative with a total estimated value of 5 billion euros. The investment is intended to support semiconductor manufacture, essential to the regions technical advancement and economic expansion. The choice demonstrates the EUs will to support its semiconductor sector in the face of difficulties with the global supply chain. Read More..

B2B Tech News | 1 months ago      

Dell Predicts Lower Profit, Citing Increased AI Server Costs

Dell DELL.N has predicted a lower profit for the current quarter than the market anticipated, suggesting that increased construction costs for AIoptim

Dell DELL.N has predicted a lower profit for the current quarter than the market anticipated, suggesting that increased construction costs for AIoptimized servers will impact yearly margins. For the fiscal year 2025, the business projects an approximate 150 basis point drop in adjusted gross margin rates. Dell anticipates an adjusted profit per share for the current quarter of $1.65, compared to analysts average expectation of $1.84. The margin reduction is exacerbated by increasing input costs and a competitive pricing environment. During extended trading, Dells shares dropped more than 17% despite a spike in demand for items with AI capabilities and highspeed computers. The business increased its sales estimate for the fiscal year 2025 to between $93.5 billion and $97.5 billion after reporting a 6% increase in revenue to $22.24 billion in the first quarter. Read More..

B2B Tech News | 1 months ago      

RedTail Malware Targets New Palo Alto Networks Firewall Vulnerability

A newly discovered Palo Alto Networks firewall vulnerability CVE20243400 has been added to the RedTail cryptocurrency mining malwares exploitation ars

A newly discovered Palo Alto Networks firewall vulnerability CVE20243400 has been added to the RedTail cryptocurrency mining malwares exploitation arsenal. With a CVSS score of 10.0, this vulnerability gives an unauthorised attacker the ability to run any code with root capabilities. RedTail has been updated, according to security researchers at Akamai. These upgrades include using private cryptomining pools for more control and sophisticated antianalysis mechanisms. RedTails method of infection entails using these and other known vulnerabilities, including those in ThinkPHP, TPLink routers, Ivanti Connect Secure, and VMware Workspace ONE Access. RedTail, first reported in January 2024, has developed since then and currently includes sophisticated evasion techniques and encrypted mining setups. RedTails sophistication raises the possibility of nationstate sponsorship it may be connected to organisations such as North Koreas Lazarus Group. Read More..

B2B Tech News | 1 months ago      

Singapore Unveils Roadmap for Green Data Centers Amid AI Demand Surge

Singapore is developing green data centres in response to AIs growing energy requirements. The citystate unveiled a strategy to help achieve its goals

Singapore is developing green data centres in response to AIs growing energy requirements. The citystate unveiled a strategy to help achieve its goals for the digital economy, aiming to build at least 300 megawatts of capacity through renewable energy sources. Senior Minister Janil Puthucheary emphasised that more capacity is required as demand for AI computation increases. The strategy calls for increasing resource efficiency through incentives, implementing energyefficient IT equipment, and improving energy efficiency. 82% of Singapores emissions from the ICT industry and 7% of the countrys overall power usage are attributed to data centres. With more than 70 centres servicing cloud platforms and AI workloads, Singapore is home to Southeast Asias secondlargest data centre industry. Governments and corporations like Microsoft and Google are investing in sustainable energy to meet these needs. Read More..

B2B Tech News | 1 months ago      

CtrlS Launches AIReady Hyderabad DC3 Datacenter with Rs 500 Crore Investment

After spending more than Rs 500 crore, CtrlS Datacenters Ltd. opened Hyderabad DC3, a new AIready data centre in Gachibowli, Hyderabad. The 1.34 lakh

After spending more than Rs 500 crore, CtrlS Datacenters Ltd. opened Hyderabad DC3, a new AIready data centre in Gachibowli, Hyderabad. The 1.34 lakh sq. ft., fivestory building with a 13 MW IT load capacity was officially opened by BSE CEO Sundararaman Ramamurthy to earn LEED Platinum certification. Hyderabad DC3 offers solid physical security, sustainability efforts, and cuttingedge cooling technology. In addition to being the first Google Partner Interconnect provider in Hyderabad, it offers Cloud Connect services from Google, Oracle, Azure, and Amazon. With the addition of this launch, CtrlSs countrywide footprint of 250 MW capacity—which already includes facilities in Mumbai, Chennai, Bangalore, Noida, Hyderabad, and Kolkata—is strengthened as a data centre hub. Read More..

B2B Tech News | 1 months ago      

Google Confirms Authenticity of Leaked Documents on Search Ranking Data

Google has unofficially attested to the integrity of 2,500 stolen internal papers that describe the information it gathers to determine search engine

Google has unofficially attested to the integrity of 2,500 stolen internal papers that describe the information it gathers to determine search engine results. Google acknowledged that the papers may be authentic but cautioned that they might be outofdate or incomplete. Because the documents could disclose how Google ranks articles and websites, they might significantly impact the publishing and SEO businesses. A Google representative emphasised the companys attempts to preserve the integrity of search results while cautioning against concluding the outofcontext material. The data, apparently leaked by a Google search team member, were obtained by SEO specialist Rand Fishkin. Verified by former Google employees, they are legitimate. Though it needs to be clarified that this data used in search results is unclear, the docs indicate that Google gathers information on Chrome users and clicks. Read More..

B2B Tech News | 1 months ago      

Truecaller Introduces AI Call Scanner to Combat Voice Cloning Scams

Truecaller has launched the AI Call Scanner to combat AIpowered voice cloning scams. This feature detects and flags calls using synthesized voices, pr

Truecaller has launched the AI Call Scanner to combat AIpowered voice cloning scams. This feature detects and flags calls using synthesized voices, protecting users from impersonation threats. Users can activate the AI Call Scanner with a single tap when receiving a suspicious call. The feature records a short sample of the callers voice. Truecallers advanced AI analyzes it to distinguish between natural and AIgenerated speech, providing results in seconds. CEO Alan Mamedi emphasized the urgent need to address the rising threat of AI voice scams. Initially available for Android users in the US, the feature will expand to India and other markets, with plans for an iOS release and integration with other platforms. Read More..

B2B Tech News | 1 months ago