Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

STMicroelectronics Launches STM32N6 Microcontrollers for Edge AI and Machine Learning

The STM32N6 family, STMicroelectronics first microcontrollers built for edge AI and machine learning applications, have been released. By managing loc

The STM32N6 family, STMicroelectronics first microcontrollers built for edge AI and machine learning applications, have been released. By managing local image and audio processing duties, these chips are anticipated to power consumer and industrial devices, eliminating the need for larger computers or data centres. By minimising data transfer to and from central servers, edge AI allows localised processing in devices like automobiles, factories, and wearables, enhancing speed and lowering energy consumption in contrast to generative AI models like ChatGPT, which rely on massive data centre resources. This development demonstrates the companys emphasis on incorporating AI capabilities into small, energyefficient devices designed for specific ondevice applications. Read More..

B2B Tech News | 11 days ago          

Australia’s Central Bank Holds Interest Rates Steady at 4.35%, Signals Confidence in Inflation Control

In a softer stance on inflation, Australias central bank said it has "some confidence" that inflation is returning to target levels, maintaining inter

In a softer stance on inflation, Australias central bank said it has "some confidence" that inflation is returning to target levels, maintaining interest rates at 4.35% during its yearend meeting. The market anticipated a possible rate decrease in February, with full easing expected by April, and the Australian dollar fell 0.8% to $0.6380 as threeyear bond futures increased. Despite the temporary government subsidies that caused headline inflation to decline to 2.8% in the third quarter, core inflation is still stubbornly high at 3.5%. Along with dismal economic growth figures, analysts predict that the RBAs departure from a hawkish stance may trigger a dovish turn and potential rate decreases in early 2024. Read More..

B2B Tech News | 12 days ago          

Adani Group Announces $88.5 Billion Investment in Rajasthan Amid Political Controversy

The first significant investment since U.S. authorities charged billionaire founder Gautam Adani and senior executives with bribing officials to obtai

The first significant investment since U.S. authorities charged billionaire founder Gautam Adani and senior executives with bribing officials to obtain power contracts, the Adani Group of India has announced plans to invest more than 7.5 trillion rupees $88.5 billion in Rajasthan. As opposition parties accuse Modis Bharatiya Janata Party BJP of shielding Adani, the statement was made at a Jaipur event that Prime Minister Narendra Modi attended. Despite these accusations, Adanis finance chief reiterated that investment plans are proceeding as planned. The money will go towards industries like cement, renewable energy, and logistics. Significant investments will be made in new cement factories and developing a vast green energy ecosystem with a capacity of 100 gigawatts. Read More..

B2B Tech News | 12 days ago          

AllianceBernstein Prepares $225 Million Lawsuit Against Switzerland Over Credit Suisse Collapse

AllianceBernstein, a U.S. asset management, is preparing to sue Switzerland for $225 million after UBS acquired Credit Suisse, wiping off $17 billion

AllianceBernstein, a U.S. asset management, is preparing to sue Switzerland for $225 million after UBS acquired Credit Suisse, wiping off $17 billion of the banks debt. AllianceBernstein will be added as a plaintiff in the dispute, which was started by Quinn Emanuel Urquhart & Sullivan on behalf of bondholders of Credit Suisse. A group of bondholders who owned $82 million in Additional Tier 1 AT1 debt from Credit Suisse also sued Switzerland earlier this year to recover damages. Due to the significant losses sustained, bondholders have strongly reacted negatively to Credit Suisses 2023 bankruptcy and subsequent takeover by UBS in a rescue coordinated by Swiss authorities. Read More..

B2B Tech News | 12 days ago          

Omnicom Acquires Interpublic for $13 Billion, Creating Largest Advertising Conglomerate

Omnicom said that it had acquired rival Interpublic for $13 billion in allstock terms, making it the most prominent advertising giant in the world bas

Omnicom said that it had acquired rival Interpublic for $13 billion in allstock terms, making it the most prominent advertising giant in the world based on revenue. The deal, which needs shareholder and regulatory approval, comes as the advertising sector is facing growing competition and threats from tech companies. Omnicom will exchange Interpublic stockholders shares for Omnicom stock by paying a 22% premium over Interpublics latest share price. The anticipated yearly cost savings of $750 million from the deal could balance the $2.4 billion premium. Some industry observers saw the merger as a defensive tactic rather than an inventive one, notwithstanding the financial justification. Under John Wrens leadership, the company will make around $26 billion in 2023. Read More..

B2B Tech News | 12 days ago          

U.S.Taiwan Trade Agreement Set to Take Effect, Strengthening Economic Ties

In a significant step towards deepening economic connections between the two countries, the first agreement under the U.S.Taiwan Initiative on 21st Ce

In a significant step towards deepening economic connections between the two countries, the first agreement under the U.S.Taiwan Initiative on 21st Century Trade will go into effect on Tuesday. This project intends to promote closer cooperation in several sectors, such as anticorruption, customs administration, and trade facilitation for small and mediumsized businesses, in the wake of Taiwans exclusion from the U.S.led IndoPacific Economic Framework in 2022. U.S. Trade Representative Katherine Tai stressed how crucial this deal is to strengthening the economic ties between the United States and Taiwan. The strategic significance of strengthening alliances in the face of a changing global environment was emphasised by Taiwans Office of Trade Negotiations, which shared this sentiment. Current negotiations for a second accord centre on agriculture, labour, and environmental concerns, with hopes of a future free trade agreement. Read More..

B2B Tech News | 12 days ago          

Sify Technologies Inaugurates Advanced Data Center for Supreme Court of India

Days before Chief Justice D.Y. Chandrachuds retirement on 10 November, Sify Technologies Limited opened a cuttingedge data centre for the Supreme Cour

Days before Chief Justice D.Y. Chandrachuds retirement on 10 November, Sify Technologies Limited opened a cuttingedge data centre for the Supreme Court of India on 7 November 2024. The SmartRackRow, Concurrently Maintainable Data Centre is an essential milestone in the Supreme Courts digital transformation efforts to lessen reliance on conventional procedures. Justices Sanjiv Khanna, P.S. Narasimha, Ahsanuddin Amanullah, and K.V. Viswanathan were at the ceremony. Raju Vegesna, chairman of Sify Technologies, praised the project, saying it demonstrates the companys proficiency with ICT ecosystems and helps India achieve its digital goals. This accomplishment highlights Sifys contribution to the nations digital infrastructure advancement and judicial modernisation. Read More..

B2B Tech News | 12 days ago          

Google’s Quantum Leap Willow Solves BillionYear Problem in Five Minutes

An issue that would take billions of years for traditional computers to solve was resolved in five minutes by Googles new chip, Willow, marking a brea

An issue that would take billions of years for traditional computers to solve was resolved in five minutes by Googles new chip, Willow, marking a breakthrough in quantum computing. In contrast to previous circuits, Willow has 105 qubits, and as the number of qubits increases, error rates decrease—a crucial development in quantum error correction. By enabling realtime mistake correction, the technology significantly advances functional quantum systems. This development occurred as computer companies like Microsoft and IBM competed to employ quantum computing for AI, medical, and energy applications. Made at Googles specialised laboratory, Willow highlights the companys emphasis on creating dependable qubits rather than just numbers. By addressing earlier critiques, Googles estimations reinforced its assertions of quantum dominance. Read More..

B2B Tech News | 12 days ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   3975   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   2747   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   3030   

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.
   3200   

5.  Approximately 8 billion gadgets connect on the internet every day.
   4217   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.