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Ukraine claims to retake Black Sea drilling rigs from Russian control

In a recent statement released by Ukrainian Military, officials from Ukraine have announced that all the Russian Military equipment has been removed f

In a recent statement released by Ukrainian Military, officials from Ukraine have announced that all the Russian Military equipment has been removed from the Boyko Towers which were seized in 2015 after it illegally annexed Crimea. The oil platforms were taken over by Russia where they had set up warehouses with ammunition and fuel for helicopters as well as radar stations to monitor the expanse of the Black Sea. Before this invasion, the Crimean Peninsula was an easy access way for Ukraine to extract natural gas from the Black Sea shelf and provided it to the peninsula as well as parts of Ukraine. Access to these drilling station would mean the renewal of the platforms as they will be used for extraction of natural gas and oil for Ukraine. Read More..

B2B Tech News | 10 days ago          

No more software updates for Surface Duo Microsoft

Launched in September 2020, Surface Duo will not receive any Android version upgrades or security patches. The product had promised three years of And

Launched in September 2020, Surface Duo will not receive any Android version upgrades or security patches. The product had promised three years of Android updates. Similar to Surface Duo, Surface Duo 2 which was launched late October 2021 came with a promise of 3 years of Android updates and security patches but will also not receive any updates from Microsoft after October 2024. Android 12L will be the final update for Surface Duo. As of now, there is no news about an update for Surface Duo 2 before the software is terminated. Read More..

B2B Tech News | 10 days ago          

LinkedIn incorporates AI advantageous for sales professionals

With an increasing demand for Artificial Intelligence in all sectors of life, LinkedIn has included AI tools for sales professionals registered on the

With an increasing demand for Artificial Intelligence in all sectors of life, LinkedIn has included AI tools for sales professionals registered on the application. Around the world, 69% of marketing professionals foresee an enormous spike in the implementation of AI during the six months that follow. To help salespeople, LinkedIn Sales Solutions will introduce two Generative AI characteristics Account IQ and AI assisted search. The aforementioned features are designed to speed up the process of locating critical accounts and prospective knowledge boosting business advantages in the changing sales environment. This step is being taken at an age where 73% of Indian sales professionals claim they are interested in using AI products with greater frequency. Read More..

B2B Tech News | 10 days ago          

Ethereum’s cofounder takes a stand post X account hack

Vitalik Buterin’s X formerly known as Twitter was hacked on 9th September where the hacker posted a malware link that resulted in USD 619,000 being

Vitalik Buterin’s X formerly known as Twitter was hacked on 9th September where the hacker posted a malware link that resulted in USD 619,000 being stolen from some of his followership. The malware link was masked as a NFT scheme from Consensys, which resulted in their assets being drained from their accounts. As soon as the hacking was discovered, the post was identified and Vitalik’s followers were warned about the malware link. He asserted that the hacker "socially engineered" TMobile with the goal to obtain his phone number, which proved that the hacking was the consequence of a SIM switch attack. Read More..

B2B Tech News | 10 days ago          

3M Predicts Slow Growth in 2024, Stock Plummets 5.7%

An industrial corporation in the United States named 3M has forewarned of weak growth in 2024. The business expects difficulties in its consumer and e

An industrial corporation in the United States named 3M has forewarned of weak growth in 2024. The business expects difficulties in its consumer and electronics segments for the current and forthcoming quarters. The stock price of 3M fell 5.7% due to this announcement. They updated their forecast for currentquarter sales to $78 billion, noting Chinas slow recovery and a shift in consumer spending towards necessities. Challenges faced by 3M include lower consumer electronics expenditure due to inflation and more significant financing costs. Additionally, they have recently achieved significant settlements in litigation involving Combat Arms earplugs and water contamination claims. Read More..

B2B Tech News | 10 days ago          

August Inflation Surge Making US See Years Biggest Spike at 3.7%

Due to increasing energy prices and other factors, August had the most significant monthly inflation increase of the year in the United States. The Co

Due to increasing energy prices and other factors, August had the most significant monthly inflation increase of the year in the United States. The Consumer Price Index CPI, which tracks changes in the prices of many different goods and services, increased 0.6% for the month and 3.7% annually, slightly above forecasts from economists. The core CPI climbed by 0.3% and 4.3%, excluding volatile food and energy costs. The Federal Reserve focuses on core inflation to gain longterm insights. An important factor was the 5.6% monthly increase in energy expenditures. While used car prices fell, housing costs also increased. Actual hourly earnings fell by 0.5% in August due to these inflationary trends. To combat the inflation problem, the Federal Reserve is keeping an eye on these developments. Read More..

B2B Tech News | 10 days ago          

U.S. and European Firms Shift Investments Away from China to India and Beyond

U.S. and European companies are increasingly redirecting their investments from China to other emerging markets, with India being the primary recipien

U.S. and European companies are increasingly redirecting their investments from China to other emerging markets, with India being the primary recipient, followed by Mexico, Vietnam, and Malaysia. This trend reflects growing concerns about Chinas business environment, economic recovery, and politics among foreign investors. The report notes that greenfield investment in India surged by 400% between 2021 and 2022, reaching $65 billion, while investment in China dropped to under $20 billion in 2022, down from its peak of $120 billion in 2018. Diversification efforts are underway to reduce dependence on China, but it will take time due to Chinas central role in global supply chains. Read More..

B2B Tech News | 10 days ago          

Arm, Instacart, Klaviyo Goldman Sachs HighStakes IPO Advisory Role

After a slow year for American IPOs, massive tech IPOs are returning, putting Goldman Sachs in a crucial position. Instacart, Klaviyo, and chip design

After a slow year for American IPOs, massive tech IPOs are returning, putting Goldman Sachs in a crucial position. Instacart, Klaviyo, and chip designer Arm are all preparing to go public, with Goldman serving as a critical advisor for each. Successful IPOs would increase the market and Goldmans confidence, which has experienced a revenue downturn and internal issues. For Instacart and Klaviyo, Goldman is the principal advisor, and other banks split the role for Arm. If the IPOs go poorly, the banks place at the top of Wall Streets league tables could be in jeopardy. Furthermore, individuals have raised concerns about Arms governance and valuation. Read More..

B2B Tech News | 10 days ago          



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Refresh Your Facts

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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