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GLOBAL NEWS

South African Businesses Brace for VAT Hike Starting May 1, 2025

Businesses in South Africa are bracing for a twoyear, onepercentagepoint increase in VAT scheduled to take effect on May 1, 2025. The 15% increase wil

Businesses in South Africa are bracing for a twoyear, onepercentagepoint increase in VAT scheduled to take effect on May 1, 2025. The 15% increase will especially impact small businesses, resulting in price adjustments and declining profit margins. Despite government efforts to increase the number of zerorated items, economists caution that the tax increase may reduce consumer expenditure, impacting middle and lowerincome households. The surge occurs during a difficult period when trade uncertainties, power outages, and economic instability burden firms. While some businesses see potential for adaptation, others worry that the tax burden would make an already precarious economy even more financially burdensome. To counteract such disruptions, business leaders are requesting incentives and regulatory help. Read More..

B2B Tech News | 2 months ago      

MediaTek Unveils Dimensity 9400+ Flagship Chipset with AI and Gaming Enhancements

The Dimensity 9400+, MediaTeks newest flagship chipset, boasts an AllBig Core CPU with three CortexX4 cores, four CortexA720 cores, and one CortexX925

The Dimensity 9400+, MediaTeks newest flagship chipset, boasts an AllBig Core CPU with three CortexX4 cores, four CortexA720 cores, and one CortexX925 core operating at 3.73 GHz, all of which improve performance. With Speculative Decoding+ SpD+ technology, it features the MediaTek NPU 890, which supports LLMs, MoE, MTP, MLA, and FP8 inferencing and enhances AI functionality by 20%. MFRC 2.0+ frame rate conversion for more excellent FPS and 40% improved power efficiency, Opacity MicroMap OMM compatibility, and the 12core Arm ImmortalisG925 GPU all improve gaming. Dual active 5G SIM compatibility, Bluetooth 6.0, and WiFi 7 are examples of connectivity enhancements. Later this month, the Dimensity 9400+ will power the first smartphones, significantly improving mobile AI and gaming performance. Read More..

B2B Tech News | 2 months ago      

Cybercriminals Disrupt IKEA Operations Across Four Countries During Holiday Sales

Two days before Black Friday 2024, a ransomware attack targeted the Fourlis Group, an IKEA franchise, resulting in losses of €15 million $17 million

Two days before Black Friday 2024, a ransomware attack targeted the Fourlis Group, an IKEA franchise, resulting in losses of €15 million $17 million. The cybercriminals affected online stores and customer systems, disrupting operations in Romania, Greece, Cyprus, and Bulgaria. The twoweeklong intrusion affected significant holiday sales. Even though Fourlis declined to pay a ransom, they quickly restored systems without jeopardising user information. Because downtime is expensive in retail, the event highlights the growing ransomware threat. Experts in cybersecurity caution that breaches are becoming more regular and complex due to AIdriven hacks. This incident emphasises how urgently improved security measures are needed to avoid disruptions in highrisk industries, where businesses are increasingly threatened during moments of heavy commercial activity. Read More..

B2B Tech News | 2 months ago      

Netflix Tests AIPowered Search Engine for MoodBased Content Discovery

An artificial intelligence AI—powered search engine that allows users to search by mood and other specific parameters instead of just genre or actor

An artificial intelligence AI—powered search engine that allows users to search by mood and other specific parameters instead of just genre or actor names is being tested by Netflix to improve content recommendations. In the upcoming weeks, the feature—now accessible to iOS users in Australia and New Zealand—is anticipated to be introduced in the US. With OpenAI technology, this search engine seeks to offer more tailored recommendations, facilitating users discovery of material that suits their interests. Although Netflix has long employed AI for suggestions, this is a big step toward more engaging and natural content discovery. Read More..

B2B Tech News | 2 months ago      

IBM Unveils z17 Mainframe, Engineered for AI Workloads and Hybrid Cloud

The most potent mainframe that IBM has ever released, the z17, was created especially for AI workloads. Supporting tiny language models with less than

The most potent mainframe that IBM has ever released, the z17, was created especially for AI workloads. Supporting tiny language models with less than 8 billion parameters, the z17s Telum II processor incorporates an onchip AI coprocessor to improve inferencing workloads. Additionally, the system includes the Spyre Accelerator, a PCIe card that expands AI compute capabilities for processing unstructured data, including generative AI. Security is a top priority when using AIpowered Sensitive Data Tagging and IBM Threat Detection for z/OS, as well as quantumsafe cryptographic methods to satisfy future regulatory requirements. IBM wants the Z17 to serve as a platform for hybrid cloud environments, enhancing security and operational effectiveness for sectors with demanding compliance requirements. Read More..

B2B Tech News | 2 months ago      

Chrome Extensions Requesting Web Traffic and Cookie Access Raise Privacy Concerns

More than 4 million users are in danger of security breaches due to more than 30 unlisted Google Chrome extensions discovered by a cybersecurity resea

More than 4 million users are in danger of security breaches due to more than 30 unlisted Google Chrome extensions discovered by a cybersecurity researcher. Sensitive information may be misused due to these extensions excessive permission requests, which include access to stored cookies, online traffic, and browser tabs. Specific extensions, such as "Fire Shield Extension Protection", have been reported for doing possibly harmful things. To lessen vulnerabilities, the researcher recommends that users unlist specific extensions. This discovery emphasises the importance of keeping cybersecurity hygiene and closely examining browser extensions. Read More..

B2B Tech News | 2 months ago      

Luxon Advocates for CPTPP and EU Collaboration Amid Global Trade Disruptions

In light of the interruptions to global commerce brought on by U.S. tariffs, New Zealand Prime Minister Christopher Luxon is scheduled to meet with fo

In light of the interruptions to global commerce brought on by U.S. tariffs, New Zealand Prime Minister Christopher Luxon is scheduled to meet with foreign leaders to support rulesbased free trade. The Comprehensive and Progressive Agreement for TransPacific Partnership CPTPP will be strengthened, and Luxon intends to explore cooperation with the European Union. He stressed the significance of standing up for the institutions that support New Zealands economic interests. Later this month, Luxon is scheduled to travel to the United Kingdom to meet with Prime Minister Keir Starmer to address geopolitical, trade, and security issues. This programme is an example of New Zealands proactive approach to fostering international collaboration and overcoming trade obstacles. Read More..

B2B Tech News | 2 months ago      

EU Approves $23 Billion in Retaliatory Tariffs on U.S. Goods

With a target value of $23 billion, the European Union has authorised its first round of retaliatory taxes on U.S. imports. A reaction to U.S. tariffs

With a target value of $23 billion, the European Union has authorised its first round of retaliatory taxes on U.S. imports. A reaction to U.S. tariffs on European steel, aluminium, and other goods, these measures include taxes ranging from 10% to 25%. The European Union maintained that these countermeasures are required to safeguard its economic interests, although it nevertheless emphasised its preference for negotiated solutions. The tariffs will be applied gradually beginning on 15 April and may be halted in the event that a fair deal with the United States is struck. This action demonstrates how the two economic powers trade tensions are growing. Read More..

B2B Tech News | 2 months ago