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IndiaKyrgyzstan BIT Marks a Milestone in Bilateral Economic Cooperation

The 2000 agreement to improve economic relations and crossborder investments has been replaced by a new Bilateral Investment Treaty BIT that India and

The 2000 agreement to improve economic relations and crossborder investments has been replaced by a new Bilateral Investment Treaty BIT that India and Kyrgyzstan have formally enforced. The 2019 Bishkek treaty, which balances investor rights with state regulatory responsibilities, attempts to provide a safe investment climate. The elimination of the Most Favoured Nation MFN designation, exemptions for public health and environmental safeguards, and the requirement to exhaust domestic remedies before international arbitration are some of the main clauses. By guaranteeing clear and consistent investment policies between the two countries, the BIT is anticipated to strengthen economic cooperation. Read More..

B2B Tech News | 1 months ago          

India Secures Major Investment Boost as Italian Firms Expand Operations

When Commerce Minister Piyush Goyal visited Italy, top Italian companies promised expansion and further commitments, giving India a significant boost

When Commerce Minister Piyush Goyal visited Italy, top Italian companies promised expansion and further commitments, giving India a significant boost in investment. By investing €350 million over the next five to seven years, Carraro Group plans to almost double its current base. Utilising Indias expanding economy and changing culinary tastes, Toschi Vignola intends to build its food company there, while UFI Filters will quadruple its investment to satisfy the growing demand. These pledges support the "Make in India" campaign of India, enhancing economic cooperation and bilateral commerce between the two countries. Read More..

B2B Tech News | 1 months ago          

Anduril Industries Secures $30.5 Billion Valuation With $2.5 Billion Series G Round

Anduril Industries, a defence technology business, raised $2.5 billion in its most recent Series G fundraising round, securing a $30.5 billion value.

Anduril Industries, a defence technology business, raised $2.5 billion in its most recent Series G fundraising round, securing a $30.5 billion value. Founders Fund led the round with a $1 billion investment, its largest to date. Given its quick development in autonomous defence systems, Andurils worth has more than doubled from $14 billion the previous year. Palmer Luckey created the business, which specialises in AIpowered military hardware such as combat software and selfgoverning drones. By supporting expansion and new defence contracts, the financing will establish Anduril as a major force in the modernisation of military operations. Read More..

B2B Tech News | 1 months ago          

Broadcom Forecasts $15.8 Billion Q3 Revenue Amid Strong AI Chip Demand

Due to the high demand for AI chips, Broadcom has projected thirdquarter revenue of $15.8 billion, which is somewhat higher than analysts $15.71 billi

Due to the high demand for AI chips, Broadcom has projected thirdquarter revenue of $15.8 billion, which is somewhat higher than analysts $15.71 billion projection. As hyperscale partners keep investing, the companys AI semiconductor revenue is predicted to exceed $5.1 billion, marking ten consecutive quarters of growth. Broadcoms shares dropped 4% during extended trade despite the optimistic prognosis because investors had high expectations after the companys 30% stock increase in the previous month. The business has started shipping the Tomahawk 6 networking chip, which improves AI workloads by doubling performance over its predecessor. With specialised processors for Google and OpenAI, Broadcom continues to be a major player in the AI hardware market. Read More..

B2B Tech News | 1 months ago          

BYD to Nearly Triple South African Dealerships Amid NEV Market Growth

By the following year, the Chinese EV behemoth BYD intends to increase the number of its dealerships in South Africa from 1330 to 35. With sales expec

By the following year, the Chinese EV behemoth BYD intends to increase the number of its dealerships in South Africa from 1330 to 35. With sales expected to increase from 7,782 units in 2023 to 15,611 in 2024, the move attempts to gain early market share as South Africa makes the switch to new energy vehicles NEVs. In addition to the plugin hybrid Shark pickup, hybrid SEALION 6, and electric SEALION 7 SUV models, BYD debuted its ATTO 3 electric SUV in 2023. BYD views South Africa as a significant automobile market in the Southern Hemisphere, despite obstacles such as a lack of charging infrastructure and high import taxes. Read More..

B2B Tech News | 1 months ago          

Microsoft Launches European Security Program to Counter AIPowered Cyber Threats

As statesponsored cyber threats increase, Microsoft has introduced the European Security Program, providing free AIpowered cybersecurity protection to

As statesponsored cyber threats increase, Microsoft has introduced the European Security Program, providing free AIpowered cybersecurity protection to European governments. Vicechair Brad Smith introduced the program, which offers 27 EU countries, the UK, and EU accession countries automated attack disruption, realtime threat intelligence, and investigative help. Microsoft seeks to strengthen digital resilience throughout Europe by thwarting AIdriven cyberattacks from North Korea, China, Iran, and Russia. By adding AIenhanced defence tools to fight ransomware, espionage, and disinformation efforts, the program builds upon Microsofts Government Security Program. Specialised security contacts would be provided to governments, guaranteeing prompt coordination of responses to changing threats. Read More..

B2B Tech News | 1 months ago          

HPE Patches Critical StoreOnce Authentication Bypass Vulnerability

Eight vulnerabilities in HewlettPackard Enterprises HPE StoreOnce backup system have been fixed, including a critical authentication bypass bug with a

Eight vulnerabilities in HewlettPackard Enterprises HPE StoreOnce backup system have been fixed, including a critical authentication bypass bug with a severity level of 9.8. Data theft, ransomware deployment, and network infection might have resulted from the vulnerability, which gave unauthenticated attackers complete system access. Users are advised by HPE to update to version 4.3.11 right away because there are no workarounds. Directory traversal exploits, serverside request forgery, and remote code execution are among the other vulnerabilities that have been fixed. Despite being identified seven months ago, no known attacks have yet taken advantage of the vulnerabilities. Companies and government organisations use StoreOnce extensively. Therefore, the update is essential for cybersecurity. Read More..

B2B Tech News | 1 months ago          

Amazon Invests $5 Billion to Expand AWS Cloud Infrastructure in Taiwan

Amazon has announced plans to build the AWS Asia Pacific Taipei Region and invest $5 billion to enhance its AWS cloud infrastructure in Taiwan. The fu

Amazon has announced plans to build the AWS Asia Pacific Taipei Region and invest $5 billion to enhance its AWS cloud infrastructure in Taiwan. The funding will help build, run, and maintain additional data centres, enhancing Taiwans position in the global cloud and artificial intelligence ecosystem. AWS wants to establish Taiwan as a major centre for digital innovation while satisfying the growing demand for AIdriven cloud services. The growth is in line with Amazons larger AI strategy, which guarantees lowlatency cloud solutions for companies in the AsiaPacific region. Read More..

B2B Tech News | 1 months 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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