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GLOBAL NEWS

Saudi Aramco to Issue DollarDenominated Sukuk, Tapping Global Sharia Demand

Later this month, Saudi Aramco will make its first sale of U.S. dollardenominated Islamic bonds sukuk since 2021. According to sources, the action is

Later this month, Saudi Aramco will make its first sale of U.S. dollardenominated Islamic bonds sukuk since 2021. According to sources, the action is intended to increase global demand for Shariacompliant assets and diversify finance. Among the primary managers are JPMorgan, Citi, and HSBC, and the sukuk will be marketed to foreign investors. Investor demand for premium Gulf issuers was demonstrated by the $6 billion raised and oversubscription of Aramcos most recent sukuk. The new issue is in line with Saudi Arabias larger plan to draw in foreign investment and back the economic changes outlined in Vision 2030. Favourable market circumstances and growing oil revenues may further help timing, putting Aramco in a position to negotiate competitive rates and grow its debt load. Read More..

B2B Tech News | 5 months ago      

Palo Alto Networks Confirms Data Breach via Compromised Drift–Salesforce Integration

According to Palo Alto Networks, the Salesloft Drift application was the target of a massive supply chain attack that affected hundreds of victims. Ov

According to Palo Alto Networks, the Salesloft Drift application was the target of a massive supply chain attack that affected hundreds of victims. Over the course of ten days, hackers gained access to client environments by abusing OAuth and refresh tokens from SalesDrift, a thirdparty solution that connects Drifts AI chat to Salesforce. Internal sales records, support case data, and company contact information were all made public by the hack. Palo Alto promised that its key systems and products would not be impacted and disabled the hacked app. Zscaler, Cloudflare, and perhaps Google are among the other victims. Although the ransomware organisation ShinyHunters took credit, Google believes UNC6395 is a different threat actor. The issue highlights the hazards in interconnected SaaS ecosystems and is being compared to the MOVEit compromise. Read More..

B2B Tech News | 5 months ago      

ChatGPT Suffers Global Outage on September 3, Leaving Thousands Without Access

ChatGPT had a worldwide outage on September 3, and thousands of users reported having trouble using the AI chatbot on several platforms. According to

ChatGPT had a worldwide outage on September 3, and thousands of users reported having trouble using the AI chatbot on several platforms. According to Downdetector, there were 547 reports at the height of the interruption, which started at 1225 p.m. IST and peaked at 1256 p.m. Over 2,200 people had been impacted by a more extensive outage the day before. On its status page, OpenAI verified that ChatGPT was not displaying responses and acknowledged the problem, referring to it as a "partial outage". Although the cause has not been revealed, the corporation is conducting an investigation. 82% of visitors reported generic access failures, while some had issues specific to the website. As AI platforms expand internationally, the incident brings to light persistent reliability issues. Read More..

B2B Tech News | 5 months ago      

PayPal and Venmo Users Get Early Access to Perplexity’s AI Browser Comet

Through a 12month free trial of its Pro membership, PayPal and Venmo users in the United States and a few other international markets will have first

Through a 12month free trial of its Pro membership, PayPal and Venmo users in the United States and a few other international markets will have first access to Perplexitys new Comet AI browser. Supported by Nvidia, Perplexity competes with Google and OpenAI by providing AIpowered search tools that condense content. Comet incorporates these capabilities into web browsing, allowing users to schedule or summarise webpages and query personal data, such as calendars or emails. The deal is a component of PayPals new subscriptions centre, which makes it easier for its 430 million users to make regular payments. To increase Comets reach, Perplexity is also creating a mobile version and looking into joint ventures with smartphone manufacturers. The action improves user onboarding and Perplexitys agentic commerce strategy. Read More..

B2B Tech News | 5 months ago      

Starbucks Rolls Out AI Inventory System to Cut Waste and Boost Efficiency

To save waste and improve efficiency, Starbucks is implementing AIpowered inventory tracking in all of its U.S. locations. The system replaces human c

To save waste and improve efficiency, Starbucks is implementing AIpowered inventory tracking in all of its U.S. locations. The system replaces human counts and increases accuracy by using computer vision and machine learning to track stock levels in real time. The rollout, which was piloted in 2024, comes after successful tests that demonstrated reduced supply chain interruptions and quicker replenishment. By integrating with Starbucks current digital infrastructure, the AI solution improves demand forecasting and allows for predictive ordering. According to executives, the change benefits baristas by lowering food waste and freeing up time for customer service. In line with its sustainability objectives and digitalfirst retail strategy, Starbucks is implementing this project as part of a larger IT strategy to modernise shop operations and improve efficiency. Read More..

B2B Tech News | 5 months ago      

Tencent, ByteDance, Alibaba Lead China’s Agentic AI Charge Against U.S. Rivals

The development of AI agentic frameworks is being accelerated by Chinas IT giants to compete with American platforms such as AutoGen and OpenAI Swarm.

The development of AI agentic frameworks is being accelerated by Chinas IT giants to compete with American platforms such as AutoGen and OpenAI Swarm. With a score of 71.47% on the WebWalkerQA test, Tencent just made its YoutuAgent, developed by Youtu Labs, publicly available. Alibaba first introduced QwenAgent in March, while ByteDance first debuted Coze Studio in July. These frameworks represent a critical advance in Chinas AI capabilities by enabling autonomous AI agents to plan and carry out difficult tasks. The increasing rivalry in creating scalable, intelligent agent platforms is reflected in the opensource releases. Indicating larger industry momentum, startups like Butterfly Effect are also joining the market with tools like Manus. China is putting its companies in a position to threaten Western dominance in nextgeneration automation through its agentic AI competition, which is not only technical but also geopolitical. Read More..

B2B Tech News | 5 months ago      

Russia and China Sign Landmark Gas Deal to Build Power of Siberia 2 Pipeline

As their geopolitical alignment grows, Russia and China have expanded their energy collaboration by signing a legally binding memorandum to develop th

As their geopolitical alignment grows, Russia and China have expanded their energy collaboration by signing a legally binding memorandum to develop the Power of Siberia 2 gas pipeline via Mongolia. The pipeline will supplement the current Power of Siberia route, which will expand capacity from 38 to 44 billion cubic meters of gas per year, by transporting up to 50 billion cubic meters of gas annually from Russias Yamal fields to China. President Putin complimented his "unprecedented ties" with President Xi Jinping during his visit to China, when the agreement was announced. Pricing is also up for debate, with Russia trying to make up for losses in the European market and China looking for reductions. Despite criticism from the West, trade between the two countries reached $240 billion in 2023, indicating growing economic relations. Read More..

B2B Tech News | 5 months ago      

Anthropic Valuation Doubles to $18.3B After $1.3B Funding Led by Menlo Ventures

After a $1.3 billion investment round led by Menlo Ventures and including participation from previous backers including Google and Salesforce Ventures

After a $1.3 billion investment round led by Menlo Ventures and including participation from previous backers including Google and Salesforce Ventures, Anthropics valuation has risen to $18.3 billion. The funding will expedite enterprise adoption and support the growth of Claude, Anthropics AI helper. The business intends to expand safety research, improve model capabilities, and grow infrastructure. Compared to its prior worth of $7.6 billion earlier in 2025, this is a more than twofold increase. The increase, according to analysts, is an indication that investors trust Anthropics alignmentfocused approach to AI development. In light of the growing need for safe, effective generative AI tools, the financing also puts Anthropic in a stronger position to take on OpenAI, Google DeepMind, and other frontier model labs. Read More..

B2B Tech News | 5 months ago