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GLOBAL NEWS

Coinbase Confirms Cyberattack, Offering $20 Million Bounty for Attacker Arrest

Coinbase revealed that hackers targeted fewer than 1% of its monthly customers to steal client account information. By paying foreign customer service

Coinbase revealed that hackers targeted fewer than 1% of its monthly customers to steal client account information. By paying foreign customer service representatives, the attackers were able to obtain names, addresses, phone numbers, emails, masked Social Security numbers, and bank account information. Threatening to release the stolen data, they tried to extort $20 million from Coinbase. Instead, Coinbase offered a $20 million reward for information that would lead to the attackers capture. Including consumer reimbursements, the business projects remediation expenses to be between $180 million and $400 million. In order to improve security, Coinbase has implemented more identity verification for accounts that have been flagged. Read More..

B2B Tech News | 1 months ago      

Xiaomi Unveils XRING 01 Chip, Marking Its Return to Mobile SoCs

Xiaomi has formally declared that the XRING 01, its first inhouse smartphone chip, will go on sale in late May 2025. Xiaomi returned to developing mob

Xiaomi has formally declared that the XRING 01, its first inhouse smartphone chip, will go on sale in late May 2025. Xiaomi returned to developing mobile chips after almost ten years when CEO Lei Jun unveiled the chip on Weibo. With an octacore CPU with a 1+3+4 arrangement, the XRING 01 is built on TSMCs N4P 4nm technology. It has four CortexA520 efficiency cores 2.0 GHz, three CortexA725 cores 2.6 GHz, and a CortexX925 core 3.2 GHz. It is anticipated that the 1.3 GHz IMG DXT72 GPU will perform better than Qualcomms Adreno 740. With the processor, Xiaomi hopes to improve AI capabilities, battery life, and performance in top devices. Read More..

B2B Tech News | 1 months ago      

FalconX and Standard Chartered Forge Crypto Partnership for Institutional Investors

FalconX and Standard Chartered have teamed together to broaden institutional crypto services, combining foreign exchange and banking features for majo

FalconX and Standard Chartered have teamed together to broaden institutional crypto services, combining foreign exchange and banking features for major investors. Through the partnership, FalconX is able to take advantage of Standard Chartereds extensive worldwide financial network to provide safe fiat payments. Institutional customers will have access to improved trading and financing options, such as payment platforms, asset managers, and hedge funds. As the crypto market is expected to reach $10 trillion by 2026, Standard Chartereds cooperation shows the growing institutional demand for digital assets. By combining digital asset markets with traditional finance, FalconX is solidifying its place as a top cryptocurrency broking. Read More..

B2B Tech News | 1 months ago      

Siemens Reports 29% Profit Surge in Q2, Surpassing Analyst Expectations

Despite economic uncertainty, Siemens has confirmed its fullyear growth outlook following betterthanexpected Q2 results. The industrial profit of the

Despite economic uncertainty, Siemens has confirmed its fullyear growth outlook following betterthanexpected Q2 results. The industrial profit of the German engineering behemoth increased by 29% to €3.24 billion $3.63 billion, exceeding the €2.75 billion predicted by analysts. Orders rose 10% and sales rose 7% to €19.76 billion, demonstrating Siemens tenacity in international markets. By selling its wiring division to ABB, the company made €300 million, which increased profitability. Siemens Smart Infrastructure and Mobility divisions are driving growth, according to CEO Roland Busch, who also highlighted the companys strong customer reliance on its technologies. Siemens predicts rising demand across all of its sectors despite tariff fears. Read More..

B2B Tech News | 1 months ago      

Trump’s UAE Visit Highlights AI Chip Deal With Nvidia Amid Security Concerns

The United Arab Emirates UAE, a Gulf nation aiming to further its AI aspirations, is hosting U.S. President Donald Trump. A preliminary arrangement th

The United Arab Emirates UAE, a Gulf nation aiming to further its AI aspirations, is hosting U.S. President Donald Trump. A preliminary arrangement that permits the UAE to import 500,000 of Nvidias most cuttingedge AI chips each year in support of its data centre expansion for AI model development precedes the trip. Its parameters could alter, though, as the agreement has sparked national security worries inside the U.S. government. Along with these significant financial deals, Trumps Gulf tour has seen Saudi Arabia pledge $600 billion in U.S. investments, Qatar Airways buy 210 Boeing aircraft, and the United States sell $142 billion worth of armaments to Riyadh. Read More..

B2B Tech News | 1 months ago      

Perplexity AI and PayPal Partner to Revolutionize AIPowered Commerce

Perplexity, through a strategic relationship with PayPal, promotes its AIpowered commerce assistant as a digital transaction disruptor, including inch

Perplexity, through a strategic relationship with PayPal, promotes its AIpowered commerce assistant as a digital transaction disruptor, including inchat purchases into its platform with ease. Perplexity improves customer ease by utilising PayPals passkey checkout and account connection, which lowers resistance while making travel reservations, placing product orders, and handling subscriptions. With the acquisition, Perplexity will be able to contact PayPals 430+ million active users in almost 200 markets, bolstering agentic commerce—where sales conversions are boosted by AIfacilitated interactions. Backend logistics are managed by PayPal, which guarantees safe transactions for tracking, invoicing, and shipment. Businesses may now integrate payment solutions into conversational interfaces, marking a shift towards AInative ecommerce. Read More..

B2B Tech News | 1 months ago      

India Approves ₹3,706 Crore HCLFoxconn Semiconductor Joint Venture

The sixth semiconductor company in India under the India Semiconductor Mission, a ₹3,706 crore $435 million joint venture between HCL Technologies a

The sixth semiconductor company in India under the India Semiconductor Mission, a ₹3,706 crore $435 million joint venture between HCL Technologies and Foxconn, has been approved by the Union Cabinet. With a monthly capacity of 20,000 wafers, the plant, which is situated close to Jewar airport in Uttar Pradesh, will produce display driver chips for PCs, laptops, cars, and mobile phones. In 2027, the plant is anticipated to start commercial production and provide 2,000 employment. The permission supports Indias efforts to fortify its semiconductor industry in the wake of earlier chip project failures. Read More..

B2B Tech News | 1 months ago      

Apple Partners with Synchron to Develop BrainControlled Interfaces for Devices

To create braincomputer interfaces BCIs, Apple has teamed up with Synchron. These BCIs allow users to manage iPhones, iPads, and Vision Pros with neur

To create braincomputer interfaces BCIs, Apple has teamed up with Synchron. These BCIs allow users to manage iPhones, iPads, and Vision Pros with neurones. The minimally invasive Stentrode implant from Synchron is inserted into a vein close to the motor cortex and enables handsfree operation of Apple gadgets. By integrating with Apples Switch Control, the system supports accessible alternate input methods. Apple products can be successfully controlled by ALS sufferers, according to early testing, although interaction speed is still slower than with conventional inputs. By formalising neural interfaces as a native input category, Apples BCI Human Interface Device BCI HID protocol opens the door for further cognitive improvements. Read More..

B2B Tech News | 1 months ago