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GLOBAL NEWS

Lula Urges Mercosur to Deepen Ties With Asia, Citing Global Value Chain Shift

Brazilian President Luiz Inácio Lula da Silva called Asia the "dynamic centre" of the world economy and urged the South American bloc to strengthen i

Brazilian President Luiz Inácio Lula da Silva called Asia the "dynamic centre" of the world economy and urged the South American bloc to strengthen its links with it during the Mercosur meeting in Buenos Aires. In order to improve involvement in global value chains, he underlined deeper integration with China, South Korea, India, Vietnam, Indonesia, Japan, and others. Assuming Mercosurs rotational presidency, Lula also promised to modernise digital payment systems, increase collaboration with Canada and the UAE, and complete the EUMercosur trade agreement. Combating organised crime, advancing technological advancement, and addressing climate change are all on his agenda. Argentinas president, Javier Milei, threatened to pursue a unilateral U.S. trade accord if Mercosur delays, highlighting regional tensions during the conference. Read More..

B2B Tech News | 6 months ago      

North Korean Hackers Deploy NimDoor Malware to Target Mac Users and Crypto Firms

Using a new malware outbreak named NimDoor, North Korean hackers are aiming to steal private data and cryptocurrencies from Mac users. SentinelLabs fo

Using a new malware outbreak named NimDoor, North Korean hackers are aiming to steal private data and cryptocurrencies from Mac users. SentinelLabs found NimDoor, which is developed in the obscure Nim programming language to avoid detection and employs asynchronous sleep timers and AppleScript for persistence and stealth. The attack starts with Telegram, where users are misled into installing a phoney update that spreads malware after being tricked into attending phoney Zoom meetings. Following installation, it exfiltrates information such as cookies, browsing history, Telegram data, and Keychain passwords. This activity is part of a growing trend of North Korean cyber operations that target Web3 companies between 2021 and 2025, groups like Lazarus were implicated in over $3.4 billion worth of cryptocurrency heists. Read More..

B2B Tech News | 6 months ago      

OpenAI Inks $30B Annual Deal With Oracle to Power $500B Stargate AI Project

OpenAI has expanded Project Stargate, a $500 billion AI infrastructure endeavour started with SoftBank, with Oracle through a historic $30 billion yea

OpenAI has expanded Project Stargate, a $500 billion AI infrastructure endeavour started with SoftBank, with Oracle through a historic $30 billion yearly cloud arrangement. Leasing 4.5 gigawatts of U.S. data centre capacity is part of the deal to accommodate OpenAIs expanding computing requirements. With the intention of "securing American leadership in AI," Oracle plans to construct additional facilities in places like Texas, Michigan, and Wisconsin. The transaction signals OpenAIs transition away from Microsoft and towards a multicloud strategy. According to Oracle CEO Safra Catz, the deal would increase revenue beginning in fiscal 2028 and could double Oracles cloud revenue. Oracle is now a key participant in the global AI arms race, and the move highlights the growing competitiveness in AI infrastructure. Read More..

B2B Tech News | 6 months ago      

Baidu Unveils MuseSteamer to Turn Images Into 10Second AI Videos for Businesses

An AIpowered imagetovideo generator for businesses called MuseSteamer has been introduced by Baidu along with a significant search engine redesign. Wi

An AIpowered imagetovideo generator for businesses called MuseSteamer has been introduced by Baidu along with a significant search engine redesign. With three editions Turbo, Pro, and Lite, MuseSteamer can convert static photos into 10second films and is aimed at ecommerce, gaming, and marketing. MuseSteamer is not geared towards consumers like Googles Veo or OpenAIs Sora. With Ernie AI, Baidu simultaneously redesigned its search engine, allowing voice and image input, longform enquiries, and AIgenerated summaries. As a taskoriented assistant, the platform now supports more than 18,000 thirdparty AI agents. Amid a global struggle for supremacy in generative video and multimodal search, these actions seek to fight growing competition from ByteDance, Tencent, and Alibaba while solidifying Baidus position in Chinas enterprise AI sector. Read More..

B2B Tech News | 6 months ago      

Instagram Outage Hits 16,700+ Users Amid Diddy Trial Buzz

According to Downdetector, a significant outage on July 2 affected more than 16,700 users in the United States on Metas Instagram. Issues with the app

According to Downdetector, a significant outage on July 2 affected more than 16,700 users in the United States on Metas Instagram. Issues with the app UI 67%, feed updates 26%, and logins 6%, according to users, started to occur at approximately 1140 a.m. ET. The crash may have been caused by the increase in traffic during the Sean "Diddy" Combs trial, according to several users theories. Angry users verified the problem on websites like X previously Twitter. There were 849 reports at 1210 p.m. ET, suggesting that services were being restored gradually. Meta has not provided a formal statement. The incident underlines the significance of Instagram in realtime news consumption as well as the consequences of unexpected disruptions. Read More..

B2B Tech News | 6 months ago      

Cloudflare Launches ‘Pay per Crawl’ to Let Publishers Charge AI Bots for Access

With a new solution from Cloudflare, website owners may now profit from access to AI bot crawlers using a "pay per crawl" paradigm. By charging publis

With a new solution from Cloudflare, website owners may now profit from access to AI bot crawlers using a "pay per crawl" paradigm. By charging publishers microfees for content scraping or blocking AI crawlers by default, the solution gives authors more control over how their work is used. With AI models increasingly extracting data without referencing the original sources, this change addresses the decline in referral traffic. Prominent publishers including Reddit, TIME, and Condé Nast back the effort. A permissionbased ecosystem is the goal of Cloudflares solution, which also authenticates AI bots and enforces access limits. The action balances innovation with just recompense for artists, marking a significant shift in the way content is valued online. Read More..

B2B Tech News | 6 months ago      

Ant Group Invests $3.26B in R&D, Signals Deepening AI and Fintech Focus

A record $3.26 billion 23.45 billion yuan was spent on research and development by Chinas Ant Group in 2024, the fourth year in a row that spending ha

A record $3.26 billion 23.45 billion yuan was spent on research and development by Chinas Ant Group in 2024, the fourth year in a row that spending has climbed. The funding, which was disclosed in its 2024 sustainability report, highlights Ants foray into fintech and artificial intelligence in the context of Chinas larger technological aspirations. Alipays parent business is now rebuilding following regulatory hurdles that prevented its 2020 initial public offering. Alibaba, Ants parent company, is rapidly expanding AI globally as well, investing $52 billion over three years on cloud and AI infrastructure. Ants R&D priorities complement Alibabas intentions to extend Qwen LLMs to international data centres as well as its alliances with Microsoft, Nvidia, and Siemens. This action demonstrates Chinas strategic focus on AI leadership and the modernisation of digital banking. Read More..

B2B Tech News | 6 months ago      

U.S.–China Sign Trade Pact Granting Rare Earth Access, Easing Tech Tensions

A recent trade agreement between the United States and China allows Chinese students to attend American institutions and gives American firms access t

A recent trade agreement between the United States and China allows Chinese students to attend American institutions and gives American firms access to rare earth materials. Following previous negotiations in Geneva and London that reduced tariff tensions, President Trump announced the agreement, which Commerce Secretary Howard Lutnick confirmed. While the U.S. will relax some limitations on Chinese nationals, China will speed up export certifications for rare earths, which are essential for technology and defence. Both sides referred to the agreement as "signed and sealed," but neither party provided exact volumes or deadlines. In light of the uncertain global economy, the agreement represents a major deescalation in trade hostilities and reflects shared efforts to stabilise supply chains and strengthen bilateral connections. Read More..

B2B Tech News | 6 months ago