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Global Financial Giant EY Hits Pause on AuditAdvisory Split

Due to resistance from its US office, the British financial services behemoth EY has decided to end its attempt to divide its audit and consulting ope

Due to resistance from its US office, the British financial services behemoth EY has decided to end its attempt to divide its audit and consulting operations. The initiative, dubbed "Project Everest," sought to foster development and avoid conflicts of interest, but it needed the consent of EYs international partners. The US executive committees decision to forego implementing the plan abandoned the project.EY recognises the difficulties involved, including the need for more time and resources, but is still committed to establishing two different organisations to improve audit quality and independence. The initial early 2023 deadline repeatedly delayed the split vote. Read More..

B2B Tech News | 11 days ago          

TCI Express Aims for Impressive FY24 Growth in B2B Trucking

To preserve its leading position, TCI Express is steadfastly focusing on the B2B express trucking market. It plans to achieve outstanding revenue and

To preserve its leading position, TCI Express is steadfastly focusing on the B2B express trucking market. It plans to achieve outstanding revenue and EBITDA growth in FY24. TCI Expresss MD, Chander Agarwal, reaffirmed the business dedication to the B2B market while warning against making substantial expenditures in ecommerce. TCI Express plans to avoid the cutthroat ecommerce sector while reiterating its commitment to its core business. In FY24, the business targets a substantial 15–16% sales increase and a 25–28% EBITDA growth. TCI Express also emphasises its dedication to continued capital spending, increasing capabilities and infrastructure to fulfil client expectations successfully. Read More..

B2B Tech News | 11 days ago          

Asian Oil Prices Slide as U.S. Rate Hike Fears Emerge

Due to anticipation of a U.S. interest rate increase offsetting U.S. crude inventory reductions, oil prices fell in Asia. While American WTI crude dro

Due to anticipation of a U.S. interest rate increase offsetting U.S. crude inventory reductions, oil prices fell in Asia. While American WTI crude dropped 0.78% to $88.96, its lowest price since September 14, Brent futures for November declined 0.76% to $92.82 a barrel. The U.S. Federal Reserves hawkish attitude on prospective rate rises at the years end might exert pressure on oil prices, affecting economic growth and fuel consumption. As a result of this posture, the U.S. currency strengthened, further pushing down oil prices. While U.S. crude inventories decreased as predicted, other experts noticed a less dramatic decrease. Despite this, low Cushing crude stocks, OPEC+ production cutbacks, and tight global supply continue to boost oil prices. Read More..

B2B Tech News | 11 days ago          

Nvidia CEO Jensen Huang Bolsters Indias Tech Ties for Future Growth

Jensen Huang, the CEO of Nvidia, just completed a fiveday visit to India, emphasising economic potential rather than merely diplomatic relations. Nvid

Jensen Huang, the CEO of Nvidia, just completed a fiveday visit to India, emphasising economic potential rather than merely diplomatic relations. Nvidia, famed for its graphics processors that enable AI, finds that India, with its enormous population, is a critical market. India is appealing for AI expertise, chip production, and product sales as the U.S. tightens restrictions on highend semiconductor exports to China. Huang spoke on retraining the workforce and developing AI models using Indian resources. He also expressed trust in the countrys technical expertise, particularly in students who had graduated from top schools like the Indian Institutes of Technology. The journey serves as a reminder of Indias expanding importance in the global IT sector. Read More..

B2B Tech News | 11 days ago          

Suspected Pakistani Hackers Unleash CapraRAT Trojan via Fake YouTube App

The CapraRAT mobile remote access trojan RAT has been disseminated by the Transparent Tribe, a hacking organisation with possible ties to Pakistan, ut

The CapraRAT mobile remote access trojan RAT has been disseminated by the Transparent Tribe, a hacking organisation with possible ties to Pakistan, utilising malicious Android applications that look like YouTube. This technique has been used for monitoring, mainly focusing on Pakistani human rights activists and anyone active in Kashmirs problems. The Indian education industry was the hackers most recent target. The very intrusive Android framework CapraRAT hides RAT capabilities in other programs. Transparent Tribe uses its websites and social engineering to entice victims as it distributes these programs outside the Google Play Store. The spyware can access and steal private information, including texts, audio, and video. Read More..

B2B Tech News | 11 days ago          

Amazons Alexa Gets Smarter With Natural Conversations and Emotions

Amazon has released an updated version of its Alexa voice assistant featuring generative AIpowered capabilities. The new Alexa may participate in more

Amazon has released an updated version of its Alexa voice assistant featuring generative AIpowered capabilities. The new Alexa may participate in more casual conversations without using a wake word and speaking humanlike. Users may use it to create and send messages it can even convey feelings like joy or empathy based on the situation. Amazon demonstrated its artificial intelligence AIpowered smart home capabilities, enabling customers to make conversational requests like lighting changes. In addition to hardware changes, the firm announced the Echo Show 8 with dynamic display modifications. The new additions in a highly competitive AI industry seek to improve user experiences and increase Alexas capabilities. Read More..

B2B Tech News | 11 days ago          

Crypto Exchanges on High Alert After Konni Group Attack

APT group Konni from North Korea has conducted a rare attack on the Bitcoin industry using a vulnerability in WinRAR. Konnis selection is unique beca

APT group Konni from North Korea has conducted a rare attack on the Bitcoin industry using a vulnerability in WinRAR. Konnis selection is unique because the Lazarus Group typically targets the banking and crypto industries. A sample called "wallet_Screenshot_2023_09_06_Qbao_Network.zip" was used in the assault to target Qbao Network, a service that provides intelligent cryptocurrency wallets. Through the WinRAR flaw, the victim unwittingly runs malicious payloads. Even when WinRAR released a patch, many users werent using it, revealing North Korean hackers more extensive strategy to attack banks and cryptocurrency exchanges. It emphasises the necessity of ongoing watchfulness and security improvements inside the Bitcoin sector. Read More..

B2B Tech News | 11 days ago          

AI Image Generation Gets a Boost DallE 3 Launches with ChatGPT

OpenAI unveiled DallE 3, the most recent version of its texttoimage tool, and integrated it with ChatGPT, an AI chatbot. Starting in October, ChatGPT

OpenAI unveiled DallE 3, the most recent version of its texttoimage tool, and integrated it with ChatGPT, an AI chatbot. Starting in October, ChatGPT Plus and Enterprise customers can use this tool over the API. DallE 3 has improved protections to stop the creation of violent, pornographic, or hateful content. It can produce exact, detailed graphics depending on user requirements. Additionally, it rejects requests for photos of certain prominent personalities or those that mimic living artists. Creators can prevent their work from being used to train texttoimage systems in the future, thanks to OpenAI. The business is up against other AI picture production efforts and legal difficulties, including a recent lawsuit from American writers. Read More..

B2B Tech News | 11 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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