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Bank of Thailand Holds at 1.75% as Roong Flags “Marked Slowdown” Ahead

In light of the growing challenges facing the economy in the second half of 2025, Thailands central bank has underlined the necessity of flexible mone

In light of the growing challenges facing the economy in the second half of 2025, Thailands central bank has underlined the necessity of flexible monetary policy. The Bank of Thailands frontrunner for deputy governor, Roong Mallikamas, pointed to sluggish consumption, high household debt, and possible U.S. tariffs as threats. The bank maintained policy room by keeping its benchmark rate at 1.75% in spite of previous rate reduction. There will be a "marked slowdown" in activity, Roong said, and she would be in favour of more easing if things become worse. Despite Roong downplaying its immediate impact, political uncertainty following the prime ministers suspension adds to the instability. On August 13, policymakers will conduct their next policy review, keeping a careful eye on external shocks, credit quality, and inflation. Read More..

B2B Tech News | 11 days ago      

Sakana AI Unveils ABMCTS to Let Multiple AI Models Solve Problems Together

Multiple AI models can work together on challenging tasks according to an opensource approach called ABMCTS Adaptive Branching Monte Carlo Tree Search

Multiple AI models can work together on challenging tasks according to an opensource approach called ABMCTS Adaptive Branching Monte Carlo Tree Search by Sakana AI. In contrast to conventional inference techniques, ABMCTS makes a dynamic decision on whether to think more deeply, investigate a larger range, or choose the model that best fits a particular problem. Several models, such as DeepSeekR1, o4mini, and Gemini 2.5 Pro, can be deployed to cooperate if necessary. Combining the advantages of each model while reducing their particular biases improves performance. When tested on the ARCAGI2 benchmark, the systems success rate increased from 23% to 27.5%, outperforming standalone models. TreeQuest is an opensource framework developed by Sakana AI with the goal of enhancing collective intelligence in AI systems. Read More..

B2B Tech News | 11 days ago      

Google Patches Chrome ZeroDay CVE20256554 Exploited in the Wild

Google has patched a critical zeroday vulnerability in Chrome—CVE20256554—that allowed remote code execution through malicious HTML pages. Discove

Google has patched a critical zeroday vulnerability in Chrome—CVE20256554—that allowed remote code execution through malicious HTML pages. Discovered by Google’s Threat Analysis Group on June 25, the flaw stemmed from a type confusion bug in the V8 JavaScript engine and was already exploited “in the wild.” Attackers could potentially use it to steal data, install malware, or control a victim’s device just by luring them to a compromised site. The patch is part of Chrome version 138.0.7204.96/.97 for Windows, .92/.93 for macOS, and .92 for Linux. Android and iOS appear unaffected. Users are urged to update immediately by visiting Settings > Help > About Chrome, reinforcing Chromes commitment to timely threat mitigation. Read More..

B2B Tech News | 11 days ago      

SK Telecom Fined After Cyberattack Exposes 26.96M User Records

SK Telecom has been ordered by South Korea to improve its data security following a cyberattack that revealed 26.96 million customer records. 23 milli

SK Telecom has been ordered by South Korea to improve its data security following a cyberattack that revealed 26.96 million customer records. 23 million consumers of the nations biggest mobile carrier were concerned by the malwarecaused hack in April. In response, the Ministry of Science and ICT fined ₩30 million $21,970 and ordered more cybersecurity investment and manpower, CEOled data governance, and quarterly security audits. With over 2,600 locations, SK Telecom is providing free USIM replacements 9.39 million customers have already done so. The incident was dubbed a "wakeup call" for the nations telecom infrastructure by officials. SK Group Chairman Chey Taewon expressed regret and promised to take full responsibility and strengthen security. Read More..

B2B Tech News | 11 days ago      

C&M Software Resumes Operations After Cyberattack Hits 6+ Brazilian Banks

After more than two dozen financial institutions services were interrupted by a hack, Brazilian tech company C&M Software has reopened. After learning

After more than two dozen financial institutions services were interrupted by a hack, Brazilian tech company C&M Software has reopened. After learning of the July 2 attack, which entailed the fraudulent use of customer credentials to gain access to systems, Brazils central bank temporarily suspended access to C&Ms infrastructure. All security protocols were engaged and core systems remained intact, according to the company, which helps institutions without direct connectivity. Reserve accounts used for interbank settlements were accessed without authorisation by six banks, including BMP nonetheless, no client money or internal balances were impacted. While investigations are ongoing, C&M is assisting authorities, including São Paulo police. Rising cybersecurity concerns in Brazils quickly digitising financial industry are highlighted by the event. Read More..

B2B Tech News | 11 days ago      

U.S. Lifts Chip Software Ban as Cadence, Synopsys Restore Access in China

With the lifting of export restrictions on chip design software to China, Cadence Design Systems has started to give its impacted Chinese clients acce

With the lifting of export restrictions on chip design software to China, Cadence Design Systems has started to give its impacted Chinese clients access again. Confirmed by Cadence, Synopsys, and Siemens, the rollback is part of a larger U.S.China trade deal that also involves Chinas restarted exports of rare earth elements. When the limits were put in place in May 2025, sales of electronic design automation EDA tools—which are essential for the production of semiconductors—were stopped. Shares of Cadence and Synopsys have increased by more than 5%, indicating a thaw in tech tensions. The three companies own more than 80% of Chinas EDA sector, and the move is anticipated to reduce supply chain interruptions while preserving American oversight of technologies that could be used in military or artificial intelligence applications. Read More..

B2B Tech News | 11 days ago      

IMF Warns U.S. Tax Bill Defies Fiscal Discipline, Adds $3.4T to Deficit

Known as the "One Big Beautiful Bill," the U.S. just passed a tax and spending plan that contradicts the IMFs recommendations for fiscal restraint. It

Known as the "One Big Beautiful Bill," the U.S. just passed a tax and spending plan that contradicts the IMFs recommendations for fiscal restraint. It is anticipated that the measure, which adds new benefits and extends the tax cuts from 2017, will increase the deficit by $3.4 trillion over the following ten years. IMF spokeswoman Julie Kozack called for a realistic plan to eliminate chronic deficits and stressed the need for the United States to lower its debttoGDP ratio, which is currently approaching 98%. Even for middleclass taxpayers, the Fund has historically advocated tax increases. The plan will stimulate economy, according to U.S. Treasury Secretary Scott Bessent, who rejected the worries. In its July World Economic Outlook report, the IMF will evaluate its effects. Read More..

B2B Tech News | 11 days ago      

Switzerland Races to Avert 31% U.S. Tariff While Preserving EU Trade Ties

While carefully maintaining its links with the European Union, its biggest trading partner, Switzerland is negotiating a trade pact with the United St

While carefully maintaining its links with the European Union, its biggest trading partner, Switzerland is negotiating a trade pact with the United States to avert an impending 31% tariff. The recent approval of a significant change to Swiss trade policy with the EU by the cabinet has complicated negotiations with Washington. More access for U.S. citrus and seafood is one concession officials are considering, but they maintain that any agreement must respect multilateral principles and not jeopardise EU accords. Prior to the July 9 deadline, Swiss politicians aim to avoid more severe penalties, although the present 10% baseline tax may be maintained. To keep Swiss companies from lagging behind EU rivals in the U.S. market, business associations are calling for a prompt resolution, given the significant pharmaceutical exports at risk. Read More..

B2B Tech News | 11 days ago