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Xi Jinping Champions Shanghai as Global Tech and Innovation Hub

During his visit, Chinese President Xi Jinping urged Shanghai to quicken its transition into a centre of innovation and technology. Xi stressed the ne

During his visit, Chinese President Xi Jinping urged Shanghai to quicken its transition into a centre of innovation and technology. Xi stressed the need for promoting artificial intelligence AI development and governance during his visit, emphasising Shanghais position as Chinas AI leader. He engaged with companies and took a tour of an AI incubation lab, demonstrating Chinas dedication to innovation. Additionally, Xi met with Dilma Rousseff, the president of the New Development Bank, a BRICS international organisation. He emphasised Chinas willingness to work with member countries on projects and share development knowledge. Chinas leadership in the Global South and its strategic focus on AI are evident in this tour, which aims to enhance technical developments and global economic linkages. Read More..

B2B Tech News | 24 days ago          

Toyota Partners with Waymo to Develop NextGeneration Autonomous Vehicles

A tentative agreement to work together on creating and implementing autonomous driving technology has been revealed by Waymo and Toyota. The collabora

A tentative agreement to work together on creating and implementing autonomous driving technology has been revealed by Waymo and Toyota. The collaboration intends to develop a new autonomous car platform by fusing Waymos cuttingedge autonomous technology with Toyotas experience in auto manufacturing. The partnership will also investigate how to incorporate autonomous driving into the next generation of POWs. With its cuttingedge software and capacity for mobility innovation, Toyotas subsidiary Woven by Toyota will be important in this endeavour. This collaboration supports Toyotas objective of creating a society with zero accidents by enhancing road safety and extending accessible transportation. Read More..

B2B Tech News | 24 days ago          

Woodside Energy and BP Ink LNG Supply Deal for Louisiana Project

For the Louisiana LNG project, Woodside Energy, the biggest gas producer in Australia, has inked a longterm LNG supply contract with BP. The contract

For the Louisiana LNG project, Woodside Energy, the biggest gas producer in Australia, has inked a longterm LNG supply contract with BP. The contract supports Woodsides goal of producing 24 million tonnes of LNG annually Mtpa worldwide by 2030, which entails up to 640 billion cubic feet of natural gas. The project, which was purchased for $1.2 billion from Tellurian, is anticipated to yield an internal rate of return of 13% and $2 billion in net operating cash annually. Additionally, Woodside paid $5.7 billion to American investor Stonepeak for a 40% share in the Louisiana LNG plant. The partnership demonstrates Woodsides approach to utilising BPs lowmethaneintensity gas supply capabilities while meeting the worlds expanding energy needs. Read More..

B2B Tech News | 24 days ago          

Verisource Services Data Breach Affects 4 Million, Far Exceeding Initial Estimates

According to Verisource Services, a Houstonbased employee benefits administration firm, up to 4 million people were impacted by its 2024 data breach,

According to Verisource Services, a Houstonbased employee benefits administration firm, up to 4 million people were impacted by its 2024 data breach, a substantial rise from initial projections of 112,000. In the February 2024 breach, private information such as names, addresses, dates of birth, genders, and Social Security numbers was stolen. Neither Verisource nor the attackers have discovered any indications of misuse, and the stolen material has not appeared on the dark web. The business provides credit monitoring and identity theft protection services to impacted individuals. This event demonstrates the increasing danger of cyberattacks to companies that handle private data. Read More..

B2B Tech News | 24 days ago          

Marks & Spencer Cyber Incident Disrupts Over 1,000 Stores and Online Services

According to reports, the ScatteredSpider ransomware organisation is responsible for a significant cyber breach that affected Marks & Spencer. In addi

According to reports, the ScatteredSpider ransomware organisation is responsible for a significant cyber breach that affected Marks & Spencer. In addition to stopping online orders and forcing warehouse employees to stay home, the hack interfered with payment systems in more than 1,000 locations. In February, the attackers reportedly broke into computers, obtained hashed passwords, and used ransomware variations to encrypt servers. The wellknown phishing group ScatteredSpider has previously attacked wellknown businesses. Without formally confirming the ransomware link, Marks & Spencer took proactive steps to secure its operations by moving processes offline. This event underlines how dangerous ransomware attacks are becoming for major retailers. Read More..

B2B Tech News | 24 days ago          

Hitachi Vantara Hit by Akira Ransomware Attack, Disrupting Operations

On April 26, 2025, Hitachi Vantara, a Hitachi subsidiary, was attacked by the Akira group using ransomware. To contain the incident, the firm had to t

On April 26, 2025, Hitachi Vantara, a Hitachi subsidiary, was attacked by the Akira group using ransomware. To contain the incident, the firm had to take crucial systems offline. Internal systems and manufacturing operations, particularly projects connected to government agencies, were severely disrupted, but client cloud services were unharmed. Using double extortion, the Akira group allegedly took confidential documents and left ransom notes. Hitachi Vantara has enlisted outside cybersecurity specialists for a secure investigation and system restoration. Given ransomware gangs continued targeting of highvalue businesses worldwide, this incident serves as a reminder of the persistent weaknesses in IT systems. Read More..

B2B Tech News | 24 days ago          

Meta Unveils Llama API to Empower Developers with Customizable AI Models

Using its Llama models, Meta has released the Llama API, a platform to assist developers in creating AI products. During LlamaCon, Metas first AI deve

Using its Llama models, Meta has released the Llama API, a platform to assist developers in creating AI products. During LlamaCon, Metas first AI developer conference, the API was unveiled, enabling developers to integrate and modify AI technologies easily. Letting developers host customised models independently provides flexibility and facilitates model evaluation and finetuning. There will be wider access to the API in the upcoming months, but for now it is only offered as a restricted preview. This initiative emphasises data privacy and model portability, positioning Meta to compete with OpenAI and Googles APIs. The programme reflects Metas approach to promoting innovation and growing its footprint within the AI industry. Read More..

B2B Tech News | 24 days ago          

OpenAI Rolls Out Memory Features to Enhance Shopping Recommendations

To improve its search function and offer personalised product recommendations, photos, reviews, and direct buy links, OpenAI has added new shopping fe

To improve its search function and offer personalised product recommendations, photos, reviews, and direct buy links, OpenAI has added new shopping features to ChatGPT. Users can ask specific queries in natural language and get tailored answers in technology, fashion, beauty, and home products. By providing an adfree experience, the upgrade seeks to compete with Google and streamline online purchasing. To make recommendations based on previous interactions, OpenAI intends to incorporate memory features for Pro and customers. These upgrades demonstrate OpenAIs dedication to enhancing user experience and extending ChatGPTs capabilities. Read More..

B2B Tech News | 24 days ago          



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