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GLOBAL NEWS

Volvo Boosts Nuevo Leon Truck Factory Investment to $1 Billion

Volvo recently revealed that it has increased its investment from $700 million to $1 billion for a new truck manufacturing plant in Nuevo Leon, Mexico

Volvo recently revealed that it has increased its investment from $700 million to $1 billion for a new truck manufacturing plant in Nuevo Leon, Mexico. The production of heavyduty vehicles for the North American market will start at this site, which is close to Monterrey, in 2026. The announcement was shared by Mexicos Economy Minister Marcelo Ebrard, who emphasised the projects importance for expanding the local industrial sector. Volvos action demonstrates the companys dedication to growing its footprint in the Americas. Read More..

B2B Tech News | 1 months ago      

Kenya Retracts Debt Restructuring Claim After Talks with Chinas Finance Minister

After a recent meeting in Beijing, Kenyas Finance Ministry withdrew a statement indicating it would discuss debt restructuring with Chinas Finance Min

After a recent meeting in Beijing, Kenyas Finance Ministry withdrew a statement indicating it would discuss debt restructuring with Chinas Finance Minister Lan Foan. The ministry first stated on social media that China wanted to help Kenyas economic stability by facilitating debt restructuring and concessional financing. However, the article was later removed and reprinted without these citations. Kenya confirmed that these kinds of talks did not occur, instead emphasising the development of commercial and investment relations. This retraction has raised confusion, particularly as Kenya struggles with a significant debt load and expensive payback obligations. Read More..

B2B Tech News | 1 months ago      

Global Markets Plunge as Trump Imposes Sweeping Import Tariffs

After former U.S. President Donald Trump announced sweeping import tariffs, stock markets worldwide have seen a dramatic decline. The Nasdaq fell 4%,

After former U.S. President Donald Trump announced sweeping import tariffs, stock markets worldwide have seen a dramatic decline. The Nasdaq fell 4%, the Dow Jones fell 1,520 points, and the S&P 500 fell 4%. The Asian and European markets experienced losses, with Germanys DAX dropping 2.4% and Japans Nikkei 225 down 2.8%. A 10% base tax on imports from all countries is part of the tariffs higher rates apply to countries with trade surpluses, such as China 34% and the EU 20%. Economists caution that these actions may increase the likelihood of inflation and a recession, but Trump maintains that the tariffs are a tactic to support American industry and economic expansion. Read More..

B2B Tech News | 1 months ago      

Lenovo and Ericsson Resolve Global Patent Dispute with CrossLicense Agreement

A deal has been struck between Lenovo and Ericsson to end their international patent licensing conflict. A worldwide patent crosslicence for several y

A deal has been struck between Lenovo and Ericsson to end their international patent licensing conflict. A worldwide patent crosslicence for several years and the termination of all pending legal actions and administrative procedures in several nations, including the US International Trade Commission, are components of the deal. The settlements financial effects are anticipated to become apparent beginning in the second quarter of 2025. Arbitration will be used to resolve any outstanding issues. Cooperation is crucial to advance 5G and other wireless technologies, as this resolution emphasises. Read More..

B2B Tech News | 1 months ago      

Sodexo Reports 3.5% Organic Revenue Growth Despite Profit Warning

Despite a recent profit warning, Sodexo announced a 3.5% increase in organic sales for the first half of fiscal 2025, which aligns with its earlier pr

Despite a recent profit warning, Sodexo announced a 3.5% increase in organic sales for the first half of fiscal 2025, which aligns with its earlier projections. Revenue for the business increased to €12.48 billion from €12.10 billion during the same time last year. Difficulties have hindered growth in North Americas healthcare and education sectors, but Sodexo is taking steps to resolve these problems. Sophie Bellon, the CEO, stressed the companys dedication to enhancing performance and staying focused on its strategic goals. This expansion is a testament to Sodexos ability to withstand industryspecific difficulties and economic strains. Read More..

B2B Tech News | 1 months ago      

Weaponized PDFs Drive 22% of EmailBased Cyberattacks, Check Point Research Reveals

According to Check Point Research, there has been an increase in cyberattacks that use PDFs to spread harmful content. They found that weaponised PDF

According to Check Point Research, there has been an increase in cyberattacks that use PDFs to spread harmful content. They found that weaponised PDF attachments are currently used in 22% of emailbased intrusions. These attacks circumvent conventional security measures by taking advantage of the intricate structure of PDFs and inserting harmful links, QR codes, or encrypted material. To avoid detection, cybercriminals employ strategies like obfuscation and encoding, which make these attacks incredibly sneaky. To reduce dangers, Check Point advises being vigilant, utilising secure PDF viewers, avoiding unexpected links, and confirming senders. This demonstrates the increasing complexity of cyber threats that target commonly used, reliable file formats. Read More..

B2B Tech News | 1 months ago      

Google Expands Gemini Lives Astra Features to Android 10+ Devices

To enable realtime camera and screensharing capabilities, Google has started to roll out Gemini Lives Astra capabilities to Android smartphones. These

To enable realtime camera and screensharing capabilities, Google has started to roll out Gemini Lives Astra capabilities to Android smartphones. These capabilities, which were previously limited to Pixel and Galaxy S25 phones, are now accessible on Android 10+ handsets for Gemini Advanced customers. Astra enables users to engage with Gemini Live by sharing their screen or camera feed to enhance conversations with visual input. It is recommended that users upgrade their Google app to enjoy these capabilities, as the deployment is gradual. This is a big step towards incorporating AI into regular mobile interactions. Read More..

B2B Tech News | 1 months ago      

Microsofts Security Copilot Uncovers 20 Critical Bootloader Vulnerabilities

The AIpowered Security Copilot from Microsoft has found 20 hitherto undiscovered flaws in opensource bootloaders, such as GRUB2, UBoot, and Barebox.

The AIpowered Security Copilot from Microsoft has found 20 hitherto undiscovered flaws in opensource bootloaders, such as GRUB2, UBoot, and Barebox. These bootloaders are essential for Internet of Things applications, embedded devices, and Linuxbased computers. The holes could enable attackers to get around UEFI Secure Boot and install persistent malware. They include buffer overflows, integer overflows, and cryptographic errors. Exploiting these vulnerabilities might give attackers complete control over devices, including replacing the hard drive or reinstalling the operating system. Security upgrades have fixed these problems, and users are encouraged to install them immediately. This discovery shows the expanding relevance of AI in improving cybersecurity. Read More..

B2B Tech News | 1 months ago