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GLOBAL NEWS

Investing €3.75 billion into venture capital funds will help businesses expand.

The EU has established a €3.75 billion fund of funds to invest in Europes most promising technology companies. The European Tech Champions Initiativ

The EU has established a €3.75 billion fund of funds to invest in Europes most promising technology companies. The European Tech Champions Initiative ETCI will invest public funds provided by the EIB and five EU member states in venture capital funds that will support companies in their latestage growth phase. Building on the PanEuropean Scale Up Initiative, this is Europes latest attempt to help its companies compete on a global scale. France, along with Germany and Spain, has pledged to contribute €1 billion to the fund of funds, according to French Finance Minister Bruno Le Maire. He emphasised a competitive tech industry as critical to Europes ambition to create a green economy and mitigate the impact of climate change. Read More..

B2B Tech News | 1 months ago      

Zendesk looks into the evolving nature of the customer experience.

Immersive experiences are essential for brands to remain competitive and keep customers, according to Zendesks CX Trends Report. The key elements that

Immersive experiences are essential for brands to remain competitive and keep customers, according to Zendesks CX Trends Report. The key elements that businesses need to deliver immersive experiences, which will shape the future of CX, are AI, conversational experiences, personalization, customer wellbeing and sentiment, and integrated teams. Eighty percent of Australian managers and leaders concur that delivering superior customer service during a recession becomes a top priority. Read More..

B2B Tech News | 1 months ago      

According to analysts, the APT group, which has ties to India, targeted Asian governments with phishing attacks.

Between June and November 2021, SideWinder, a suspected Indianorigin Advanced Persistent Threat APT, targeted 61 government, military, law enforcement

Between June and November 2021, SideWinder, a suspected Indianorigin Advanced Persistent Threat APT, targeted 61 government, military, law enforcement, and other organisations across Asia. The organisation is thought to be one of the oldest nationstate groups, having been active since at least 2012. Its initial attack vector is spear phishing, which involves sending phishing emails to victims that contain malicious attachments or URLs. Furthermore, the group was discovered to be behind phishing projects impersonating cryptocurrency companies, which is linked to recent attempts to regulate the crypto markets in India. GroupIB waited to share information about SideWinder APT to ensure it could enlist the entire SideWinder arsenal, retrieve data from backups, and reverse engineer the tools used by the group. Read More..

B2B Tech News | 1 months ago      

Machu Picchu is reopened by Peru following a settlement with protesters.

Machu Picchu, a stone citadel built by the Incas in Peru, reopened on Wednesday after being shut down for over a month as a result of antigovernment d

Machu Picchu, a stone citadel built by the Incas in Peru, reopened on Wednesday after being shut down for over a month as a result of antigovernment demonstrations. In order to ensure the security of the renowned tourist destination and transportation services, agreements were negotiated between the authorities, social organisations, and the local tourism business. Sixty people have died as a result of the protests, including one police officer who was slain when his patrol car was set on fire and 48 citizens who were killed in conflicts with security personnel. Because to the shutdown, the government was compelled to fly more than 400 tourists to Cusco. The Incas constructed Machu Picchu in the 15th century as a sacred site in the Andes Mountains. Read More..

B2B Tech News | 1 months ago      

Vertiv introduces a new product to support data center energy efficiency.

The improved Vertiv Liebert Air Handling Unit AHU, a highcapacity chilled water cooling solution made to serve highly dense computing environments, ha

The improved Vertiv Liebert Air Handling Unit AHU, a highcapacity chilled water cooling solution made to serve highly dense computing environments, has been introduced by Vertiv. It is now offered in the Australia, New Zealand, Southeast Asia, and India ASI region and has a standard unit capacity of 300kW. It operates at greater return air temperature and with higher chilled water temperature, enhancing chiller efficiency. It uses water or airside economies and highefficiency EC fans. It is intended to meet the strictest fan efficiency requirements, up to 0.2 W/CMH. The Vertiv Liebert AHU is an easytoadapt cooling solution that has a smaller unit depth, is placed modularly, and doesnt require raised floors. Read More..

B2B Tech News | 1 months ago      

South Africa is disintegrating.

The head of South African President Cyril Ramaphosas infrastructure and investment office has warned that the countrys power, rail, and water reticula

The head of South African President Cyril Ramaphosas infrastructure and investment office has warned that the countrys power, rail, and water reticulation systems are in disrepair and will take years to repair. Kgosientsho Ramokgopa gave the countrys infrastructure a D grade, citing deterioration in ports, freight rail lines, power plants, metropolitan roads, state schools, and waste collection. Public hospitals were also found to be in disrepair. South Africa is currently experiencing its worstever power outages, and coal exports are expected to fall to a 30year low in 2022 as a result of the national freight rail companys poor performance. With insufficient capacity, skills, and an inefficient regulatory and policy framework, the government is illequipped to address the issues. Read More..

B2B Tech News | 1 months ago      

Neal Mohan, who is of Indian descent, will succeed Susan Wojcicki as CEO of YouTube.

Susan Wojcicki, CEO of YouTube, is stepping down after nine years in the position, and Neal Mohan, Chief Product Officer, will take over. Mohan, a Sta

Susan Wojcicki, CEO of YouTube, is stepping down after nine years in the position, and Neal Mohan, Chief Product Officer, will take over. Mohan, a Stanford graduate, has previously worked for Microsoft, Stitch Fix, and 23andMe. He will concentrate on viewing time, such as the popular shortform video app TikTok and streaming services such as Netflix. The change in Alphabet Inc. shares following the news is very small, less than 1%. Read More..

B2B Tech News | 1 months ago      

EU Antitrust Probe Involved in $20 Billion AdobeFigma Deal.

Adobe Inc.s proposed $20 billion acquisition of design firm Figma Inc. faces a lengthy European Union investigation after the blocs antitrust watchdog

Adobe Inc.s proposed $20 billion acquisition of design firm Figma Inc. faces a lengthy European Union investigation after the blocs antitrust watchdog raised concerns about the deal. The deal, according to European Commission, could significantly affect competition in the market for engaging design and mind mapping software. The transaction is also being scrutinised by the US Justice Department and the UKs Competition and Markets Authority. Adobe is still in talks with regulators in the United States, the United Kingdom, and the European Union, and the transaction is expected to close in 2023. Read More..

B2B Tech News | 1 months ago