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GLOBAL NEWS

Asian Paints Shares Drop 9.3% as Q2 Profit Halves, Falling Short of Market Expectations

Following a nearly halving of its secondquarter net profit and a 0.5% drop in sales volumes, Asian Paints stock fell 9.3%. This result fell short of e

Following a nearly halving of its secondquarter net profit and a 0.5% drop in sales volumes, Asian Paints stock fell 9.3%. This result fell short of expectations, particularly when contrasted with competitors that claimed better volume increases, such as Kansai Nerolac and Berger Paints. The corporation is impacted by several factors, such as a decline in demand for highend goods as buyers look for less expensive alternatives due to inflation and more competition that drives down prices. The companys sales value dropped by 5%, falling short of market projections as a result of these difficulties. Read More..

B2B Tech News | 3 months ago      

China and Indonesia Sign $10 Billion in Deals to Boost Cooperation Across Key Sectors

At the IndonesiaChina Business Forum in Beijing, $10 billion in agreements were inked between China and Indonesia in industries like biotechnology, ne

At the IndonesiaChina Business Forum in Beijing, $10 billion in agreements were inked between China and Indonesia in industries like biotechnology, new energy, food, and technology. The accords come after Presidents Xi Jinping and Prabowo Subianto met, which was Prabowos first official visit since taking office. Lithium batteries, the digital economy, and new energy vehicles are important areas of cooperation. Agreements in the areas of housing, agriculture, and infrastructure were also reached, and steps like direct flights and visa restrictions were taken to improve connection and commerce. Read More..

B2B Tech News | 3 months ago      

Google Cloud Partners with DeliverHealth to Integrate Gemini AI for Enhanced Clinical Documentation

DeliverHealth and Google Cloud have teamed to link the data repository of the health tech platform with Google Clouds Gemini AI algorithms. The goal o

DeliverHealth and Google Cloud have teamed to link the data repository of the health tech platform with Google Clouds Gemini AI algorithms. The goal of this partnership is to improve clinical documentation by processing medical language using AI to increase accuracy. The collaboration will enable healthcare practitioners to document patient journeys by training Gemini on DeliverHealths comprehensive medical notes. This will free up doctors to concentrate on patient care while automating documentation responsibilities. This project is a component of Google Clouds larger effort to stimulate AI innovation in the startup sector of India. Read More..

B2B Tech News | 3 months ago      

Google Gemini AI Assistant Rolls Out "Utilities" Extension for Android Devices

The eagerly awaited "Utilities" extension for Android smartphones is officially available, giving Googles Gemini AI assistant more features akin to th

The eagerly awaited "Utilities" extension for Android smartphones is officially available, giving Googles Gemini AI assistant more features akin to those of Google Assistant. With the help of this new plugin, Gemini may now operate system features straight from the lock screen, including accessing the camera, changing volume, and setting alarms. Additionally, users may perform several tasks at once, such as launching apps or adjusting device settings. Those who have made Gemini their default assistant are the only ones who can access the rollout, which is incremental and only available in English. Read More..

B2B Tech News | 3 months ago      

CrowdStrike Unveils AI Red Team Services to Protect Against Cyber Threats

Large language models LLMs and other AI systems are protected from cyber threats such as model manipulation, data poisoning, and unauthorised access b

Large language models LLMs and other AI systems are protected from cyber threats such as model manipulation, data poisoning, and unauthorised access by CrowdStrikes AI Red Team Services. Proactively evaluating AI vulnerabilities, this service uses penetration testing, enhanced red teaming, and Falcon platform integrations, such as Falcon Cloud Security AISPM. The purpose of this tool is to assist organisations in protecting AIdriven breakthroughs against new risks. The statement, which was delivered at Falcon Europe, emphasised CrowdStrikes dedication to protecting AI technology and guaranteeing its resistance to hostile assaults. Read More..

B2B Tech News | 3 months ago      

ASML Faces Global IT Outage, Fully Restores Operations

The global IT disruption that ASML, the Dutch behemoth of semiconductor equipment, experienced on Friday has been completely fixed. Some workers had t

The global IT disruption that ASML, the Dutch behemoth of semiconductor equipment, experienced on Friday has been completely fixed. Some workers had to work remotely for a while as a result of the occurrence. The business is now looking into the problems underlying cause. This comes soon after ASMLs Q3 earnings report was inadvertently issued earlier than planned last month owing to a technical glitch. With equipment supplied to significant customers like Samsung and TSMC, which then produce chips for businesses like Nvidia, ASML plays a crucial part in the semiconductor supply chain. Read More..

B2B Tech News | 3 months ago      

OpenAI’s ChatGPT Faces Temporary Outage, Affecting Thousands of Users

Thousands of users worldwide were impacted by the brief outage of OpenAIs ChatGPT. Although some users continued to have issues until 5 p.m. PT, the i

Thousands of users worldwide were impacted by the brief outage of OpenAIs ChatGPT. Although some users continued to have issues until 5 p.m. PT, the issue was rectified within around 30 minutes, with the majority of users recovering access by 434 p.m. PT. While dependability has improved, more work has to be done, according to OpenAI CEO Sam Altman, who recognised the X outage. The popularity of ChatGPT has grown significantly since its introduction in late 2022, propelling OpenAIs worth to $157 billion with notable revenue growth. Read More..

B2B Tech News | 3 months ago      

KKR Acquires 35% Stake in Fuji Soft, Becomes Largest Shareholder

By purchasing a 35% interest through its company FK Co., KKR has completed the first phase of its twopart tender offer and is now the largest stakehol

By purchasing a 35% interest through its company FK Co., KKR has completed the first phase of its twopart tender offer and is now the largest stakeholder in Japanese software producer Fuji Soft. Through this action, KKR gains substantial control over the strategic direction of Fuji Soft, which has the potential for future privatisation. KKR will purchase the remaining shares at the same price of 8,800 yen per share in the second phase, beginning in midNovember. This expenditure aligns with KKRs plan to increase the companys worth. Read More..

B2B Tech News | 3 months ago