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GLOBAL NEWS

World Bank President Ajay Banga Urges Caution in Response to Trump Administration Policies

In response to the pronouncements made by U.S. President Donald Trumps administration, World Bank President Ajay Banga advised world officials to refr

In response to the pronouncements made by U.S. President Donald Trumps administration, World Bank President Ajay Banga advised world officials to refrain from rushing into decisions and to take their time evaluating how proposed policies are being implemented. In an interview at the Mission 300 Africa Energy Summit in Dar es Salaam, Banga stressed the significance of comprehending Trumps pragmatic approach and suggested that it is crucial to communicate the advantages for both parties. His remarks came while tensions between the United States and Colombia were on the rise, including a possible trade dispute that was resolved when Colombia agreed to take in deported migrants. The World Banks activities were not immediately affected by travel restrictions, Banga added in response to concerns. He also reaffirmed the World Banks commitment to a fourday workweek. Read More..

B2B Tech News | 2 months ago      

HSBC to Wind Down M&A and Equities Operations in Europe and Americas, Focus on Asia

To concentrate on Asia and the Middle East, HSBC plans to shut down its mergers and acquisitions M&A and certain equity businesses in Europe and the A

To concentrate on Asia and the Middle East, HSBC plans to shut down its mergers and acquisitions M&A and certain equity businesses in Europe and the Americas. According to CEO Michael Roberts, the bank aims to switch to a more competitive financingled business while keeping its M&A and equity capital markets operations mainly in Asia. This reorganisation reflects HSBCs continuous attempts to increase returns and focus on lucrative areas after its past difficulties in lowyield markets. The decision aligns with more significant European bank tendencies to reduce investment banking, even though details regarding job losses and possible savings are still unknown. Analysts opinions on the plan are divided, especially regarding support for debt financing without M&A advisory duties. Read More..

B2B Tech News | 2 months ago      

Nvidia Shares Plunge 17% Amid Fears of LowCost Chinese AI Rivalry

Concerns about a lowcost Chinese AI model endangering the companys hegemony led to Mondays massive selloff in Nvidias shares, which suffered a record

Concerns about a lowcost Chinese AI model endangering the companys hegemony led to Mondays massive selloff in Nvidias shares, which suffered a record loss of almost 17% or $593 billion in market value. But on Tuesday, the stock rose nearly 7%, and options traders immediately returned to being positive. After dropping as low as 1.36to1 on Monday, call options, which indicate a favourable outlook, outpaced put options 1.6to1. By early afternoon, almost 5.4 million Nvidia options contracts had been traded, about double the usual volume. Notwithstanding the volatility, analysts observed that investor interest in Nvidia and AI technology was still high due to recent encouraging advancements. Read More..

B2B Tech News | 2 months ago      

WhatsApp Fixes ‘View Once’ Bug That Let iOS Users Access Disappearing Media

WhatsApps "View Once" functionality has been secretly modified to allow iOS users to watch vanishing material in more than one view. Android Police id

WhatsApps "View Once" functionality has been secretly modified to allow iOS users to watch vanishing material in more than one view. Android Police identified the problem, which let users access "View Once" media via the Manage Storage section in settings. The flaw was fixed over the weekend, according to internal testing by Android Police, even though WhatsApp has not yet recognised the repair. In September 2024, a similar bug was discovered in WhatsApp Web that allowed users to browse and save vanished media. The bug was fixed in December. The update guarantees that "View Once" material works as planned while protecting user security and privacy. Read More..

B2B Tech News | 2 months ago      

Apple Prepares iOS 18.4 for April Launch with Major Siri and AI Upgrades

With significant improvements to Siri and Apple Intelligence, Apple is preparing to release iOS 18.4 in April. Mark Gurman of Bloomberg reports that t

With significant improvements to Siri and Apple Intelligence, Apple is preparing to release iOS 18.4 in April. Mark Gurman of Bloomberg reports that the upgrade will make Siri more responsive and intuitive by introducing personal context, onscreen awareness, and enhanced app integration. Additionally, Apple Intelligence will support Chinese, French, German, Japanese, and other languages. Seven additional emojis, such as a fingerprint, a face with bags under the eyes, and a harp, will also be included in iOS 18.4. Expectations are high for Apples upcoming major update, which intends to improve user experience through greater integration across applications and devices and more intelligent AI, even if the beta cycle hasnt started yet. Read More..

B2B Tech News | 2 months ago      

DeepSeek Unveils JanusPro, an AI Image Model Rivaling DALLE 3 and Stable Diffusion

JanusPro, a sophisticated texttoimage model unveiled by Chinese AI startup DeepSeek, performs better than Stability AIs Stable Diffusion and OpenAIs D

JanusPro, a sophisticated texttoimage model unveiled by Chinese AI startup DeepSeek, performs better than Stability AIs Stable Diffusion and OpenAIs DALLE 3. With a 7billionparameter architecture and enhanced training methods, JanusPro improves image stability and detail using 72 million highquality simulated and realworld images. The models success comes after R1, DeepSeeks chatbot, rose to the top of the US App Stores free app ratings. The performance of JanusPro challenges wellknown firms like OpenAI and increases competition in AI image production. Tech markets have been affected by the revelation, as increased investor interest in upandcoming AI companies has caused stocks like Nvidia and Oracle to decline. DeepSeeks quick ascent indicates Chinas increasing impact on the global AI market. Read More..

B2B Tech News | 2 months ago      

Microsoft Confirms Widespread Windows 11, 10 Audio Bug After January Update

Microsoft has confirmed that consumers who installed the January 2025 cumulative update are impacted by a broad audio fault in Windows 11 and 10. Alth

Microsoft has confirmed that consumers who installed the January 2025 cumulative update are impacted by a broad audio fault in Windows 11 and 10. Although it can interfere with other audio configurations, the problem mainly affects USBconnected DACs digitaltoanalogue converters, especially those that use USB 1.0 audio drivers. Microsoft advises customers to connect audio devices to their PCs to avoid using external DACs, as they have not yet released a remedy. This pervasive problem affects several Windows versions, including 24H2, 23H2, 22H2, and Windows 10. Rumour has it that changes to a fundamental component of the Windows codebase cause the problem, even as Microsoft strives to find a solution. There should be a remedy in a future update. Read More..

B2B Tech News | 2 months ago      

Google Expands Deep Research AI Agent to Gemini Android App for Paid Users

Previously exclusively accessible online, Google is now integrating its Deep Research AI agent into the Gemini Android app. Deep Research, a research

Previously exclusively accessible online, Google is now integrating its Deep Research AI agent into the Gemini Android app. Deep Research, a research assistant introduced in December 2024, generates multistep research plans, conducts web searches, and generates comprehensive reports on intricate subjects. The functionality, which is currently exclusively accessible by paying Gemini customers, is being rolled out gradually and is accessible through the Gemini Advanced dropdown menu. It uses Gemini 1.5 Pro to analyse research papers, articles, trends, and future outlooks and supports 45 languages. Users can change the method at any point. Additionally, the AI agent creates thorough reports and does extra searches for context, enabling users to improve findings through followup prompts. Read More..

B2B Tech News | 2 months ago