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GLOBAL NEWS

U.S. and China Hold First HighLevel Call Since Geneva Trade Talks

Negotiations have advanced as the United States and China held their first highlevel call since the Geneva trade talks. U.S. Deputy Secretary of State

Negotiations have advanced as the United States and China held their first highlevel call since the Geneva trade talks. U.S. Deputy Secretary of State Christopher Landau and Chinese Vice Foreign Minister Ma Zhaoxu reaffirmed their commitment to open communication while discussing important trade concerns. Analysts saw the call as a step in the right direction after the interim tariff reductions agreed upon in Geneva, even if tariffs were not specifically mentioned. The conversation takes place as China seeks market access and the United States worries about the export of fentanyl. The call also comes after Beijing stressed economic cooperation during a meeting with Jamie Dimon, CEO of JPMorgan, and Chinas Vice Premier He Lifeng. Read More..

B2B Tech News | 5 months ago      

India and Maldives to Review Economic and Maritime Security Partnership

The Comprehensive Economic and Maritime Security Partnership between India and the Maldives will be reviewed on May 26, 2025. At the second meeting of

The Comprehensive Economic and Maritime Security Partnership between India and the Maldives will be reviewed on May 26, 2025. At the second meeting of the HighLevel Core Group HLCG, Maldivian Foreign Minister Abdulla Khaleel will lead talks with External Affairs Minister S. Jaishankar to evaluate the status of the vision document that Prime Minister Narendra Modi and President Mohamed Muizzu adopted in October 2024. In keeping with Indias Neighbourhood First strategy, the relationship focuses on infrastructure, trade, and maritime security. Both countries want to promote regional security and economic cooperation, and their relations have improved after previous diplomatic conflicts. Read More..

B2B Tech News | 5 months ago      

Foxconn Eyes $3 Billion Acquisition of SingaporeBased UTAC Holdings

Potential bidders for Singaporebased UTAC Holdings, a semiconductor assembly and testing company, including Taiwans Foxconn in a $3 billion deal. The

Potential bidders for Singaporebased UTAC Holdings, a semiconductor assembly and testing company, including Taiwans Foxconn in a $3 billion deal. The sale will be managed by Jefferies for UTAC, which is controlled by Wise Road Capital. Nonbinding bids are due by the end of the month. With manufacturing sites in Thailand, China, and Indonesia, the company offers chip assembly services for consumer, computer, security, and medical applications. UTAC is anticipated to draw nonU.S. buyers because of its China presence, and the auction coincides with U.S.China tech concerns. Foxconn, a significant supplier to Apple, has diversified into the production of semiconductors in line with its longterm growth plan. Read More..

B2B Tech News | 5 months ago      

Trump Threatens 25% Tariff on Apple iPhones Not Made in the U.S.

U.S. President Donald Trump has threatened to impose a 25% tariff on Apple for selling iPhones that are not made in the country. When the news was rel

U.S. President Donald Trump has threatened to impose a 25% tariff on Apple for selling iPhones that are not made in the country. When the news was released through Truth Social, Apples stock fell 4%, and Nasdaq 100 futures also fell. Apple has been moving its manufacturing to India last year, it produced $22 billion worth of iPhones, a 60% increase in output. According to analysts, shifting production to the United States might result in iPhone costs reaching $3,500 per device, giving Apple a stronger case for tariffs. In light of the ongoing trade tensions between the United States and China, the strategy promotes home manufacturing and is consistent with Trumps larger trade goal. Read More..

B2B Tech News | 5 months ago      

Oracle Invests $40 Billion in Nvidia Chips for OpenAI’s Stargate Data Center

The Stargate Project, which aims to fortify Americas AI infrastructure, will see Oracle invest $40 billion in Nvidias GB200 AI chips to power OpenAIs

The Stargate Project, which aims to fortify Americas AI infrastructure, will see Oracle invest $40 billion in Nvidias GB200 AI chips to power OpenAIs new U.S. data centre. 400,000 Nvidia chips will be housed at the Abilene, Texas, facility, where Oracle has a 15year lease with OpenAI for computing power. The project is supported by Crusoe Energy Systems, Blue Owl Capital, and JPMorgan, who contributed $9.6 billion in debt funding. By the middle of 2026, the data centre should be completely functional, assisting OpenAI in lowering its dependency on Microsofts cloud services. Oracles action demonstrates its desire to compete in the AI cloud computing market against Amazon, Google, and Microsoft. Read More..

B2B Tech News | 5 months ago      

Nvidia Launches Cheaper Blackwell AI Chip for China Amid U.S. Export Curbs

Nvidia is preparing to introduce a less expensive Blackwell AI processor for China after its H20 model was prohibited from exporting to the United Sta

Nvidia is preparing to introduce a less expensive Blackwell AI processor for China after its H20 model was prohibited from exporting to the United States. Instead of using highbandwidth memory HBM, the new GPU, which is based on the RTX Pro 6000D, will employ GDDR7 memory, eschewing Taiwan Semiconductors CoWoS packaging. At $6,500 to $8,000, it is far less expensive than the $10,000–$12,000 H20. By September, Nvidia anticipates releasing another Blackwellbased chip, which it hopes to start mass producing in June. Huaweis Ascend 910B has caused the companys market share in China to decline from 95% in 2022 to 50%. Nvidia CEO Jensen Huang cautioned that further Chinese consumers may turn to Huawei if U.S. restrictions persist. Read More..

B2B Tech News | 5 months ago      

Apple, Google, and Meta Accounts Compromised in Unprotected Database Leak

In a significant data breach, 184 million login credentials—including those for Google, Apple, and Meta accounts—were made public. The unencrypted

In a significant data breach, 184 million login credentials—including those for Google, Apple, and Meta accounts—were made public. The unencrypted database, which included emails, identities, passwords, and login links for diverse services like Microsoft, Facebook, Snapchat, and financial platforms, was uncovered by security researcher Jeremiah Fowler. The databases public accessibility sparked worries about cybercrime and identity theft. In spite of his inability to identify the database owner, Fowler was able to verify the legitimacy of some credentials. Access has subsequently been blocked by the hosting company. However, experts advise impacted customers to activate multifactor authentication and change their passwords right away. Read More..

B2B Tech News | 5 months ago      

Apple to Launch AIPowered Smart Home Hub With homeOS by End of 2025

According to Bloombergs Mark Gurman, Apple plans to release a smart home hub with AI capabilities by the end of 2025. The device, codenamed J490, will

According to Bloombergs Mark Gurman, Apple plans to release a smart home hub with AI capabilities by the end of 2025. The device, codenamed J490, will run a new home operating system and have a 7inch display, an integrated camera, and compatibility for Apple Intelligence. It combines iPhone Standby mode and watchOS components into its AI wall tablet design to allow touchbased smart home control. With a robotic arm and an AI personality, Apple is also working on a highend model, codenamed J595, which is anticipated to be released later. With its extensive integration of HomeKit and Siri, the hub seeks to rival the Amazon Echo Show 15. Read More..

B2B Tech News | 5 months ago