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GLOBAL NEWS

Instagram Outage Hits U.S., Over 19,000 Users Affected

According to Downdetector.com, Instagram had a major outage on Thursday night throughout the United States, with user reports reaching a peak of over

According to Downdetector.com, Instagram had a major outage on Thursday night throughout the United States, with user reports reaching a peak of over 19,000 instances at 725 P.M. ET. Of these reports, the bulk 72% mentioned problems with the application, and 24% had to do with server connectivity issues. The number of difficulties reported had drastically decreased to 429 at 834 P.M. ET, indicating that the issue had been largely fixed. Instagrams parent firm, Meta Platforms, did not answer requests for comment on what caused the disruption immediately. The precise number of impacted users may change because Downdetectors statistics are based on usersubmitted reports. Read More..

B2B Tech News | 2 months ago      

Manus Unveils Monica, a General AI Agent for the Chinese Market

Manus, a Chinese AI firm, has attracted much attention lately, which is indicative of Beijings encouragement of domestic AI development. The business

Manus, a Chinese AI firm, has attracted much attention lately, which is indicative of Beijings encouragement of domestic AI development. The business complied with legal standards for generative AI applications by registering Monica, its AI assistant, for the Chinese market. Manus asserts that it has created the first general AI agent to make decisions independently, outperforming current AI chatbots regarding capability. People have compared this development to DeepSeeks previous success, significantly influencing the worldwide technology sector. Manus was initially shown on state broadcaster CCTV, emphasising the governments support. To improve its domestic rollout and solidify its place in Chinas quickly changing AI market, Manus also established a strategic alliance with Alibabas Qwen AI team. Read More..

B2B Tech News | 2 months ago      

Vodafone Idea in Talks with Starlink, Others for Satellite Services Expansion

According to Vodafone Idea, it is in exploratory talks to expand its service offerings with satellite communication companies, such as Elon Musks Star

According to Vodafone Idea, it is in exploratory talks to expand its service offerings with satellite communication companies, such as Elon Musks Starlink. Jagbir Singh, Chief Technology Officer, outlined the companys plan to use satellite technology to deliver both fixed and mobile services in underserved areas, especially in rural areas and smaller towns where the cost of deploying traditional infrastructure is prohibitive. Recent agreements between Starlink and rivals Bharti Airtel and Reliance Jio of Vodafone Idea to launch satellitebased internet services in India are the reason behind this development. In order to begin operations in the nation, Starlink must first secure the required regulatory approvals. Following the announcement, Vodafone Ideas stock rose by over 5%. Read More..

B2B Tech News | 2 months ago      

Rwanda’s Economy Surges 8.9% in 2024, Driven by Services & Industry

Rwandas statistics office reports that the countrys economy grew by 8.9% in 2024. Strong results in the services and industry sectors were the main dr

Rwandas statistics office reports that the countrys economy grew by 8.9% in 2024. Strong results in the services and industry sectors were the main drivers of growth, with services making up 46% of GDP and industry 22%. Despite difficulties, the agriculture industry continued to be a vital economic component. The governments initiatives to advance manufacturing, technology, and infrastructure are in line with Rwandas economic growth. Foreign investment has also surged in the nation, especially in digital services and green energy. The government is still hopeful that it can maintain rapid growth rates with the help of regional trade and policy changes. However, sustaining this momentum in the upcoming years may be difficult due to concerns associated with climate change and global economic instability. Read More..

B2B Tech News | 2 months ago      

India & Malaysia to FastTrack AITIGA Review, Target 2025 Completion

Aiming for significant completion by 2025, India and Malaysia have decided to expedite the evaluation of the ASEANIndia Trade in Goods Agreement AITIG

Aiming for significant completion by 2025, India and Malaysia have decided to expedite the evaluation of the ASEANIndia Trade in Goods Agreement AITIGA. This choice was made after a meeting between Malaysias Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong, and Indias Minister of State for Commerce and Industry, Jitin Prasada. Enhancing cooperation in the semiconductor sector, tackling obstacles to market access, and resolving problems with Indias Foreign Manufacturers Certification Scheme FMCS under the Bureau of Indian Standards BIS were also discussion topics. AITIGAs next joint committee meeting is scheduled for April 9–11, 2025. With bilateral trade reaching $20.02 billion in 2023–2024—17% of Indias ASEAN trade—Malaysia continues to be Indias thirdlargest ASEAN trading partner. Read More..

B2B Tech News | 2 months ago      

SoftBank Acquires Ampere Computing for $6.5B to Boost AI Chip Strategy

SoftBank Group Corp. has acquired a U.S.based semiconductor design company called Ampere Computing for $6.5 billion in cash. Ampere was established in

SoftBank Group Corp. has acquired a U.S.based semiconductor design company called Ampere Computing for $6.5 billion in cash. Ampere was established in 2018 by Renee James, a former president of Intel, and it focuses on producing highperformance, energyefficient data centre processors using Arm Holdings architecture. This calculated move supports SoftBanks prior investments in AI technology and collaborations, such as the Stargate programme, which aims to construct AI data centres in the United States. It is consistent with the companys dedication to developing AI infrastructure. With its headquarters in Santa Clara, California, Ampere will be a wholly owned subsidiary following the acquisition. The acquisition is anticipated to be completed in the second half of 2025, depending on usual regulatory approvals. Read More..

B2B Tech News | 2 months ago      

HSBC in Advanced Talks to Sell Inka Fund Administration Unit to BlackFin

According to reports, HSBC Holdings is in advanced talks to sell Inka, its German fund administration division, to BlackFin Capital Partners, a privat

According to reports, HSBC Holdings is in advanced talks to sell Inka, its German fund administration division, to BlackFin Capital Partners, a private equity group. About €400 billion $435.16 billion in assets under administration are managed by Inka. The possible sale fits HSBCs overarching plan to concentrate on its core competencies and streamline operations. Depending on talks and regulatory permissions, BlackFin, an investment group specialising in European financial services, might finalise the purchase in the upcoming weeks. HSBC has been reorganising its international businesses, including asset management, to maximise profitability. The action is consistent with banks selling off noncore assets as market conditions change. BlackFins presence in the European financial services industry will grow even further if the deal goes through. Read More..

B2B Tech News | 2 months ago      

Microsoft 365 Outage Outlook on the Web Goes Down for Users Worldwide

On 19 March 2025, customers could not use Microsoft 365 services, including Outlook on the web, due to disruptions. Microsoft confirmed the problem th

On 19 March 2025, customers could not use Microsoft 365 services, including Outlook on the web, due to disruptions. Microsoft confirmed the problem through their official Microsoft 365 Status account, stating that a recent modification to the Outlook infrastructure was the cause of the disturbance. The corporation quickly undid the alteration, and services were soon resumed. It is recommended that users keep an eye on the Microsoft 365 Admin Centre for comprehensive updates and make sure their apps are current to minimise any possible problems. Read More..

B2B Tech News | 2 months ago