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Eaton Acquires Fibrebond for $1.4B to Expand Data Center Business

Eaton has announced that it will acquire Fibrebond Corporation for $1.4 billion to increase its market share in the data centre industry. Eaton is exp

Eaton has announced that it will acquire Fibrebond Corporation for $1.4 billion to increase its market share in the data centre industry. Eaton is expanding its electrical equipment capabilities in response to the growing need for AIdriven data centres. Louisianabased Fibrebond specialises in designing and constructing power enclosures for data centres, industrial facilities, utilities, and communications firms for a quicker and more economical deployment. In 2025, Eaton projects that Fibrebond will make $110 million in adjusted core profit. The purchase comes after NordicEPOD, Eatons recent European expansion. The purchase, which is scheduled to be finalised in Q3 2025, is anticipated to have no impact on Eatons annual earnings per share. Read More..

B2B Tech News | 1 months ago          

Synapsia, Bold Technologies Sign $2.5B AI City Deal for Abu Dhabi

The UAEs Bold Technologies and Italys Synapsia have inked a $2.5 billion agreement to supply AIpowered city management services for Abu Dhabi, emphasi

The UAEs Bold Technologies and Italys Synapsia have inked a $2.5 billion agreement to supply AIpowered city management services for Abu Dhabi, emphasising parking, transport and emergency response. It advances the idea of a smart city and is called a "cognitive city project" by CEO Daniele Marinelli. The deal, which was signed on 3 March, will be paid in five instalments as it is reached. The partnerships goal is to achieve realtime urban optimisation through AI integration. The two businesses will become My Aion Inc. to go public on the Abu Dhabi stock exchange in 2027 or 2029. The UAE is accelerating its AI investments to compete with regional rivals, and this arrangement supports Italys efforts to forge closer economic connections with the Gulf. Read More..

B2B Tech News | 1 months ago          

NNPC Ltd in Talks to Extend Crude Oil Supply Deal with Dangote Refinery

After the initial sixmonth agreement expired this month, Nigerias state oil company, NNPC Ltd, is negotiating with Dangote Oil Refinery to renew its c

After the initial sixmonth agreement expired this month, Nigerias state oil company, NNPC Ltd, is negotiating with Dangote Oil Refinery to renew its crude oil delivery contract in naira. The agreement, which was unveiled in October, was designed to alleviate local refineries supply limitations. Although the agreedupon volumes were not entirely fulfilled and smaller refineries did not profit as anticipated, NNPC Ltd. supplied 48 million barrels to Dangote Refinery per the terms of the agreement. Specifics on cost, volume, and duration are still being worked out. In line with more significant economic and energy sector objectives, the extension might support domestic refining operations and lessen Nigerias reliance on imported fuel. Read More..

B2B Tech News | 1 months ago          

U.S. Transportation Chief Slams Verizon Over FAA Contract Delays

U.S. Transportation Secretary Sean Duffy emphasised the pressing need to modernise air traffic management while criticising Verizon for its tardy work

U.S. Transportation Secretary Sean Duffy emphasised the pressing need to modernise air traffic management while criticising Verizon for its tardy work on its $2.4 billion, 15year FAA communications contract. He underlined that since the current infrastructure is unsustainable, several businesses must help upgrade ageing systems. Although Verizon reiterated its dedication to collaborating with the FAA, delays remain a concern. SpaceX clarified that Starlink might be a partial solution and refuted rumours that Elon Musks company will take up the contract. Meanwhile, the FAA is testing Starlink terminals in Alaska to improve access to weather data. The agency is under increasing pressure to expedite improvements and avert significant malfunctions in the countrys air traffic control system. Read More..

B2B Tech News | 1 months ago          

Starlink Secures Major Deals with Airtel & Jio to Bring Satellite Internet to India

To launch Starlink satellite internet services throughout India, Elon Musks SpaceX has reached agreements with Bharti Airtel and Reliance Jio, two of

To launch Starlink satellite internet services throughout India, Elon Musks SpaceX has reached agreements with Bharti Airtel and Reliance Jio, two of the nations top telecom providers. Depending on regulatory approval, Bharti Airtel and SpaceX intend to work together to deliver Starlinks highspeed internet to remote areas, schools, businesses, and health facilities. Reliance Jio will also distribute Starlink equipment through its sizeable retail network to improve internet coverage nationwide. In addition to putting Starlink in a competitive position in a sector expected to grow dramatically over the next several years, these agreements seek to close the digital divide in India, especially in underserved areas. Both partnerships await final government approval before Starlink can start operations in India. Read More..

B2B Tech News | 1 months ago          

Google Uncovers Major AMD CPU Vulnerability “EntrySign,” Affecting Zen 1–4

Researchers at Google have found a flaw in AMD CPUs ranging from Zen 1 to Zen 4 that lets hackers install unapproved microcode updates. The vulnerabil

Researchers at Google have found a flaw in AMD CPUs ranging from Zen 1 to Zen 4 that lets hackers install unapproved microcode updates. The vulnerability, known as "EntrySign" CVE202456161, severity 7.2/10, is caused by AMDs improper usage of AESCMAC for signature verification. Although the consequences only remain until a reboot, attackers with local administrator rights could use it to get beyond security. Security concerns were raised when Google released "zentool," an opensource tool for analysing, creating, and loading microcode changes. To reduce the danger, AMD has released BIOS upgrades, recommending that customers protect their computers by updating to versions dated 17 December 2024 or later. Read More..

B2B Tech News | 1 months ago          

OpenAI Unveils Agent Builder Platform to Lead AI Automation Race

To spearhead the AI agent race, OpenAI has introduced additional tools, such as a businessfocused agent creation platform. The releases include an Age

To spearhead the AI agent race, OpenAI has introduced additional tools, such as a businessfocused agent creation platform. The releases include an Agents SDK for creating AIpowered workflows, new integrated web and file search capabilities, and the Responses API. Chat Completions and tooluse features are included in the Responses API to streamline agent creation. Automated computer chores, file retrieval, and realtime online search are all enhanced by builtin technologies. Using the opensource Agents SDK, developers can alter workflows for activities like research, sales automation, and customer service. With further improvements anticipated soon, these tools, which are free for OpenAI subscribers, are designed to connect AI agents across industries. Read More..

B2B Tech News | 1 months ago          

Sunflower Medical and CCA Hit by Ransomware Attack, Patient Data Compromised

Cyberattacks on two U.S. healthcare providers, Sunflower Medical organisation and Community Care Alliance CCA have compromised the private information

Cyberattacks on two U.S. healthcare providers, Sunflower Medical organisation and Community Care Alliance CCA have compromised the private information of more than 300,000 people, according to ransomware organisation Rhysida. Serving Kansas City, Sunflower discovered the breach on 7 January, almost a month after the hackers accessed its computers on 15 December, revealing 220,968 peoples identities, Social Security numbers, and medical records. A July 2023 attack on CCA revealed that 114,945 people had their diagnoses and lab reports stolen. Rhysida says it has 7.6TB of Sunflowers data, which could indicate that ransom talks are continuing or have failed. Although no extensive data exploitation has been revealed as of yet, both organisations have now improved security. Read More..

B2B Tech News | 1 months ago          



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