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GLOBAL NEWS

Norway’s Sovereign Wealth Fund Lifts Supermax Bhd Observation After Human Rights Measures Implemented

After two years, the sovereign wealth fund of Norway has formally concluded its observation of Supermax Bhd in light of the companys efforts to resolv

After two years, the sovereign wealth fund of Norway has formally concluded its observation of Supermax Bhd in light of the companys efforts to resolve human rights issues. The ruling is consistent with the recent repeal of Supermaxs prohibition in the United States due to forced labour claims. Furthermore, the fund has ended its coal consumption monitoring of Southern Co. and BHP Group, acknowledging their notable decreases in coal output. The measures demonstrate the funds dedication to moral investing and accountable corporate governance, underscoring its proactive approach to environmental and social concerns. Read More..

B2B Tech News | 1 months ago      

Infosys Expands Partnership with Microsoft to Accelerate Global Generative AI Adoption

Infosys is strengthening its relationship with Microsoft in order to increase Azure usage and the uptake of generative AI worldwide. Infosys will help

Infosys is strengthening its relationship with Microsoft in order to increase Azure usage and the uptake of generative AI worldwide. Infosys will help a number of industries as a strategic supplier, including financial services, healthcare, supply chain, and telecommunications, by using its AI and cloud solutions. Together with advocating for Responsible AI practices and worker skill development, the partnership aims to increase operational efficiency, creativity, and sustainability. The objective of this program is to revolutionise industry standards and provide clients with substantial value and agility. Read More..

B2B Tech News | 1 months ago      

Samsung Unveils One UI 7 Beta with Redesigned Home Screen and Streamlined Experience

Samsungs forthcoming OS upgrade, One UI 7 beta, based on Android 15, is now available to the general public. The upgrade, formally unveiled at the Sam

Samsungs forthcoming OS upgrade, One UI 7 beta, based on Android 15, is now available to the general public. The upgrade, formally unveiled at the Samsung Developer Conference SDC 2024, will include a revamped home screen grid for a more userfriendly interface. All users will have access to the One UI 7 beta, although the precise release date is unknown. Notifications will be sent via the Samsung Members app. The Galaxy S25 series, which will debut in early 2025, will be the first smartphone running the official version of the One UI 7 OS, which strives for consistency, simplicity, and an emotional connection with consumers. In India, Samsungs Galaxy A16 5G will debut shortly. Read More..

B2B Tech News | 1 months ago      

Adobe Launches Content Authenticity Web App to Protect Creators from AI Misuse

The Adobe Content Authenticity online application, which includes tools for appending AI labels and Content Credentials to picture, video, and audio f

The Adobe Content Authenticity online application, which includes tools for appending AI labels and Content Credentials to picture, video, and audio files, is intended to support artists in safeguarding and crediting their creations. Users may select whatever facts, including their name and website, they wish to post on the platform linked with Adobe Creative Cloud products and accessible as a test Google Chrome extension. Moreover, content producers can refuse to use their work to train AI algorithms. Though it limits its training to information that is authorised or publicly accessible, Adobe Firefly shields content producers from competing AI systems. Only Spawning presently complies with Adobes requirements despite the companys goal of industrywide adoption. Read More..

B2B Tech News | 1 months ago      

Massive Data Breach Hits Star Health Insurance, 7.24 TB of Customer Data Stolen

According to reports, a hacker going by the moniker "xenZen" obtained 7.24 TB of private information from over 31 million Star Health Insurance member

According to reports, a hacker going by the moniker "xenZen" obtained 7.24 TB of private information from over 31 million Star Health Insurance members, one of Indias most significant health insurers. The internet platform sells partial data sets of 100,000 entries for $10,000. The data contains personal and health facts, including names, PAN numbers, cell numbers, insurance information, and preexisting diseases. Acknowledging the intrusion as a "targeted malicious attack," Star Health has engaged cybersecurity specialists to conduct a thorough forensic investigation. The business is still up and running and has taken legal action against the hacker and Telegram, the platform where some of the data was purportedly transmitted. Read More..

B2B Tech News | 1 months ago      

Amazon Boosts Delivery Speed with Vision Assisted Package Retrieval and AIPowered Shopping Tools

Amazon has revealed new mechanisms to streamline consumer decisionmaking and improve delivery efficiency. Delivery drivers spend less time reading lab

Amazon has revealed new mechanisms to streamline consumer decisionmaking and improve delivery efficiency. Delivery drivers spend less time reading labels because the companys Vision Assisted Package Retrieval system employs green lighting to direct them to the correct parcels. In keeping with Amazons environmental objectives, this technology will be fitted into 1,000 Rivian electric vehicles by the end of next year. To assist customers in making quicker, more educated purchases, Amazon is also implementing AI algorithms to expedite product research. Smaller warehouses connected to Whole Foods shops are another Amazon project enabling consumers to order noninstore items—like Pepsi—and have them delivered right at the register. As part of Amazons longterm plan, these developments increase productivity, customer happiness, and sales. Read More..

B2B Tech News | 1 months ago      

PM Modi and Maldives President Muizzu Forge Closer Relations Amidst Regional Tensions with China

Following meetings with Maldivian President Mohamed Muizzu in New Delhi, Prime Minister Narendra Modi declared that India will give financial support

Following meetings with Maldivian President Mohamed Muizzu in New Delhi, Prime Minister Narendra Modi declared that India will give financial support to the Maldives through a $400 million currency exchange arrangement and a $100 million rollover of treasury bills. Muizzus tighter links to China have caused a relationship strain, which this action seeks to alleviate. Enhancing travel throughout the Maldives, the two leaders launched the Greater Male Connectivity Project—a project supported by India—and dedicated a new runway at Hanimaadhoo International Airport. Modi highlighted the strong neighbourly relationship between India and the United States, while Muizzu praised Indias contribution to socioeconomic growth. With India and China vying for influence in the area, the currency swap arrangement should assist in resolving the Maldives foreign exchange problems. Read More..

B2B Tech News | 1 months ago      

Arka Fincap Launches Uday to Provide Small Ticket Loans Against Property for MSMEs

Aimed at micro, small, and mediumsized businesses MSMEs, Arka Fincap Limited, a division of Kirloskar Oil Engines Limited KOEL, has introduced Uday, a

Aimed at micro, small, and mediumsized businesses MSMEs, Arka Fincap Limited, a division of Kirloskar Oil Engines Limited KOEL, has introduced Uday, a Small Ticket Loans Against Property STLAP product. The loans, which range from ₹10 lakh to ₹30 lakh, are intended to bridge the $530 million credit gap that small enterprises in Tier II, III, and IV cities encounter. These businesses suffer difficulties obtaining formal credit because of insufficient paperwork. Uday offers structured loans with predictable payback schedules and reduced interest rates compared to unstructured lending sources. Having started with five sites in Tamil Nadu, Arka Fincap intends to take this project nationwide to promote financial inclusion and assist the MSME sector, which presently accounts for a sizable portion of the companys ₹5,768 crore AUM. Read More..

B2B Tech News | 1 months ago