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Amazon to lay off 9,000 additional laborers, including some at AWS

Amazon will lay off 9,000 more employees from various business units, including AWS, in the coming weeks, just two months after announcing plans to la

Amazon will lay off 9,000 more employees from various business units, including AWS, in the coming weeks, just two months after announcing plans to lay off 18,000 workers. The majority of the layoffs will be at AWS, PXT, Advertising, and Twitch. The company will provide severance pay, transitional health insurance, and job placement assistance. Amazon is not the only tech company that has reduced its workforce significantly in recent months. Due to an uncertain global economy, technology companies have accelerated the pace of layoffs in 2023, with 162,000 tech workers losing their jobs so far this year. Twitters latest round of layoffs reduced the number of employees to 2,000, while Amazons AWS saw revenue growth slow to 20% in the fourth quarter of 2022, well below expectations. Read More..

B2B Tech News | 2 years ago          

IEA holds significant level master studio in Chile on clean energy changes in Latin America

The International Energy Agency held an inperson workshop in Santiago, Chile, to discuss the current state of clean energy transitions in Latin Americ

The International Energy Agency held an inperson workshop in Santiago, Chile, to discuss the current state of clean energy transitions in Latin America and to look ahead. 160 senior government officials, energy experts, industry leaders, and civil society representatives from 16 countries attended. The workshop was officially opened by José Manuel SalazarXirinachs, Executive Secretary of the United Nations Economic Commission for Latin America and the Caribbean, who was followed by introductory remarks from OLADE and a keynote address by US Deputy Secretary of Energy Dave Turk. Following keynote remarks by Chiles Minister of Energy Diego Pardow on peoplecentered transitions, Costa Ricas Deputy Minister Ronny Rodrguez Chaves, and Uruguays Deputy Minister Walter Verri on their respective countries energy transition experiences. The workshop focused on five topics. Read More..

B2B Tech News | 2 years ago          

Cyberphysical systems benefit from increased security thanks to Claroty and ServiceNow.

Claroty has released a new set of native integrations that leverage the Service Graph Connector SGC and Vulnerability Response VR infrastructure, allo

Claroty has released a new set of native integrations that leverage the Service Graph Connector SGC and Vulnerability Response VR infrastructure, allowing ServiceNows CMDB and VR products to ingest detailed information about cyberphysical systems across the Extended Internet of Things XIoT. Customers gain a comprehensive, centralised asset inventory, the ability to identify and act on vulnerable assets, and the ability to drive efficiencies and reduce risks. Merging discovered XIoT inventory with IT inventory to create a unified, cybersecuritycontextualized, and comprehensive inventory of all connected assets. Integrating ServiceNow OTM with Claroty CTD, xDome, and Medigate provides enterprises with asset discovery and vulnerability management capabilities to secure their industrial, healthcare, or commercial operations. Read More..

B2B Tech News | 2 years ago          

Access to energy is essential to achieving development objectives in Africa.

The UNCTAD report Commodities at a Glance Special Issue on Access to Energy in SubSaharan Africa, released on March 21, warns that if no additional ef

The UNCTAD report Commodities at a Glance Special Issue on Access to Energy in SubSaharan Africa, released on March 21, warns that if no additional efforts are made, the regions population without access to clean fuels could grow from 923 million in 2020 to over 1.1 billion in 2030. This is due to a lack of grids that distribute electricity to consumers, insufficient generation capacity, poor transmission and distribution to users, high connection fees, unpredictable income flows, and high tariffs, as well as low demand combined with ageing plants and insufficient infrastructure funding. UNCTAD urges governments to step up efforts to expand energy access in order to achieve universal access to affordable, reliable, and modern energy services by 2030. Read More..

B2B Tech News | 2 years ago          

GPT makes another significant advancement.

GPT4, a deep learning innovation from Open AI, increases text input recognition from 3,000 to 25,000 words. Since the creation of the first computer,

GPT4, a deep learning innovation from Open AI, increases text input recognition from 3,000 to 25,000 words. Since the creation of the first computer, Generative Pretrained Transformer, also known as GPT, has posed a significant challenge for software developers and computer engineers. Largescale machine learning of human language models is the foundation of the GPT technology. GPT4 advances by being able to recognise and analyse images, enabling apps to assist the blind and smart home appliances to run on voice commands. The door will automatically close, lock, and ensure that all unnecessary appliances are turned off when the user leaves the house. Read More..

B2B Tech News | 2 years ago          

IT companies earnings growth in the first quarter will be slowed by 1% to 2% as a result of the US and European banking crises Kotak Stocks

According to Kotak Equities, the bankruptcy of three major banks in the United States and the UBSCredit Suisse merger in Europe will cause a further s

According to Kotak Equities, the bankruptcy of three major banks in the United States and the UBSCredit Suisse merger in Europe will cause a further slowdown in discretionary spending on technology in the near term, affecting growth in the Indian IT sector in the first half of FY24. According to the brokerage, the current problems in the banking sector will reduce earnings growth by 12% sequentially in the June quarter. Companies that can capture both discretionary spending and cost takeouts will ultimately benefit and gain share, and TCS and Infosys are better positioned among Tier1 companies. Read More..

B2B Tech News | 2 years ago          

In Q4 2022, revenues from enterpriseclass WLANs reached a record $3 billion.

According to the Delloro Group report, while revenue was up in Q4 2022, sales to China were down significantly. Due to improved supply constraints, Ci

According to the Delloro Group report, while revenue was up in Q4 2022, sales to China were down significantly. Due to improved supply constraints, Cisco shipped more WLAN units than ever before, and twothirds of the major vendors exceeded their highest levels of shipment volumes. The average WLAN price has risen further, bringing the global enterpriseclass market to $9.4 billion by 2022. The DellOro group recently published its findings on the RAN industry, revealing that the average unit price for WLANs is expected to peak and that cloudmanaged solutions are gaining market share. WiFi 6 adoption is lagging behind previous technologies, but it has not yet peaked. The first enterpriseclass WiFi 7 access point has been advertised, and businesses are taking notice. Read More..

B2B Tech News | 2 years ago          

Informal program to aid in the discovery of drugs in Africa

CDD Collaborative Drug Discovery is providing free CDD Vault subscriptions to select academic teams of scientists in Africa who are developing new dru

CDD Collaborative Drug Discovery is providing free CDD Vault subscriptions to select academic teams of scientists in Africa who are developing new drugs to combat neglected tropical diseases. This initiative aims to strengthen scientific collaborations across the continent and empower African research teams working to find cures for diseases that have previously been overlooked. Applicants must be affiliated with an academic institution in Africa, submit a brief summary of their research project on neglected or tropical diseases, and demonstrate a focus on the discovery of novel drugs for tropical neglected diseases to be eligible for the free CDD Vault subscription. CDD has launched a grant programme to assist academic teams of scientists in Africa who are dedicated to discovering new drugs. Read More..

B2B Tech News | 2 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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