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Microsoft Cloud Services, Including Word, Excel, and Teams, Recover After Major Outage

Following an interruption that impacted thousands of customers on Thursday, Microsofts cloudbased productivity suite, which includes Word, Excel, and

Following an interruption that impacted thousands of customers on Thursday, Microsofts cloudbased productivity suite, which includes Word, Excel, and Teams, has resumed. The organisation attested that the problem, which originated from modifications in the controlled environment of a thirdparty ISP, has been resolved. Around 90,000 users, mainly in the United States, reported that the outage affected Microsoft services in several areas. The affected services were Xbox, Bing, Microsoft 365, Azure, Teams, and Teams. Two months earlier, a CrowdStrike upgrade caused 8.5 million Windows machines to experience a similar disruption, identical to the current outage. After the supplier fixed the problem, Microsoft saw that connections from AT&T networks were also momentarily affected. Read More..

B2B Tech News | 1 months ago          

OpenAI Launches "Strawberry" AI Models with Advanced Reasoning and ProblemSolving Skills

The "Strawberry" line of artificial intelligence models, developed by Microsoftbacked OpenAI, aims to enhance reasoning and problemsolving skills. Com

The "Strawberry" line of artificial intelligence models, developed by Microsoftbacked OpenAI, aims to enhance reasoning and problemsolving skills. Compared to earlier iterations, the dubbed "o1" and "o1mini" models, unveiled on Thursday, can do increasingly difficult jobs in science, coding, and mathematics. With an 83% score on the qualifying test for the International Mathematics Olympiad, the o1 model—accessible via ChatGPT and API—performed noticeably better than its predecessor, GPT4o. The models can improve their performance without human intervention by using a "chainofthought" reasoning approach to decompose issues into logical steps automatically. The work of OpenAI, which was first mentioned in 2023, demonstrates the organizations dedication to improving AIs capacity to handle complex problems. Read More..

B2B Tech News | 1 months ago          

AWS Announces $1.8 Billion Investment in Brazil to Expand Data Center Infrastructure

The cloud computing branch of Amazon, known as Amazon Web Services AWS, has revealed a significant investment of 10.1 billion reais $1.8 billion in Br

The cloud computing branch of Amazon, known as Amazon Web Services AWS, has revealed a significant investment of 10.1 billion reais $1.8 billion in Brazil until 2034 to improve its data centre infrastructure. This additional financing aims to develop, connect, grow, run, and maintain data centres around the nation. This pledge highlights AWSs continuous commitment to strengthening its position in the Latin American market and expands on its previous investment of 19.2 billion reais from 2011 to 2023. The expansion will enhance AWSs service capabilities in Brazil and meet the increasing demand. Read More..

B2B Tech News | 1 months ago          

India to Purchase $52.8 Million in US High Altitude AntiSubmarine Warfare Sonobuoys

A recent notification to the US Congress states that India is scheduled to acquire High Altitude AntiSubmarine Warfare HAASW sonobuoys from the US for

A recent notification to the US Congress states that India is scheduled to acquire High Altitude AntiSubmarine Warfare HAASW sonobuoys from the US for $52.8 million. With this procurement, India hopes to improve operations from its MH60R helicopters and strengthen its antisubmarine warfare capabilities. The equipment would promote both countries strategic and security goals and be easily incorporated into the Indian armed forces, according to assurances from the US Defence Security Cooperation Agency. The transaction is anticipated to boost regional stability in South Asia, the IndoPacific, and the USIndia defence alliance. The announcement also mentioned Indias importance as a defence partner and how the sale fits US foreign policy goals. Within 30 days, the Congress will consider the plan. Read More..

B2B Tech News | 1 months ago          

Taishin Financials Revised $7 Billion Offer for Shin Kong Financial Surpasses Previous Bids in Taiwan’s Biggest Financial Deal

The largest financial services merger in Taiwans history occurred due to Taishin Financial Holdings increase in its bid for Shin Kong Financial to T$2

The largest financial services merger in Taiwans history occurred due to Taishin Financial Holdings increase in its bid for Shin Kong Financial to T$222.4 billion $7 billion. Compared to CTBC Financials T$14.55 offer for a 51% holding, Shin Kong shares are now valued at T$14.18 apiece, a 25% rise from the prior offering. With its allshare agreement, Taishin hopes to strengthen its position and grow internationally by providing 0.672 ordinary and 0.175 preferred shares for every Shin Kong share. Shin Kong has stated that he prefers Taishin over CTBCs aggressive proposal. With assets of about T$8.3 trillion, the combined company would rank as Taiwans fourthbiggest financial institution with T$13.46 trillion, thanks to CTBCs proposal, it would become the largest. Read More..

B2B Tech News | 1 months ago          

OpenAI Seeks $11.5 Billion in New Funding to Reach $150 Billion Valuation

Aiming for a $150 billion value, OpenAI, the company behind ChatGPT, is reportedly in talks to obtain $6.5 billion in equity capital and an extra $5 b

Aiming for a $150 billion value, OpenAI, the company behind ChatGPT, is reportedly in talks to obtain $6.5 billion in equity capital and an extra $5 billion in debt. Compared to its prior tender offer valuation of $86 billion, this would represent a 74% rise. Thanks to its groundbreaking chatbot and significant support from Microsoft, OpenAI has risen quickly in the AI space. This fundraising round, which Thrive Capital purportedly leads, highlights this. With more and more wellknown businesses avoiding public markets out of fear of regulations and market volatility, this fresh financial injection will allow OpenAI to stay private for an extended period. The action demonstrates the increasing popularity of venture capital and private equity as IPO substitutes. Read More..

B2B Tech News | 1 months ago          

Indias Semiconductor Industry Takes Center Stage at SEMICON India 2024 with Major Global Exhibitors

With Prime Minister Narendra Modi presiding over the event, SEMICON India 2024, the regions most extensive semiconductor exhibition, began today at In

With Prime Minister Narendra Modi presiding over the event, SEMICON India 2024, the regions most extensive semiconductor exhibition, began today at India Exposition Mart Ltd. in Greater Noida. The event highlights Indias rising significance in the global semiconductor sector and is organised by SEMI, Messe München India, MeitY, India Semiconductor Mission ISM, and Digital India. Among the highlights is the introduction of SEMIs Workforce Development Program, which seeks to solve workforce shortages by collaborating with academic institutions to provide specialised programs. There are more than 250 exhibitors at SEMICON India, including wellknown international brands like Tata Electronics, Foxconn, and NXP. The event reaffirmed Indias goal to become a key participant in the semiconductor industry, highlighting developments in supply chain management, sustainability, and intelligent manufacturing. Read More..

B2B Tech News | 1 months ago          

Vonage and SAP SE Partner to Integrate Generative AI and NextGen Tech via API Platform

Utilising Vonages API platform and SAP Business AI, Ericsson subsidiary Vonage has teamed up with SAP SE to investigate generative AI and nextgenerati

Utilising Vonages API platform and SAP Business AI, Ericsson subsidiary Vonage has teamed up with SAP SE to investigate generative AI and nextgeneration technological applications. By enabling developers to construct corporate apps, the partnership seeks to accelerate digital transformation. To improve realtime experiences and fraud protection, Vonage will provide SAP access to APIs such as QualityonDemand QoD, Device Location, and Number Verification. Through this agreement, SAPs Business Technology Platforms immersive services will be used to enhance augmented reality training, data visualisation, and sustainability. This collaborative endeavour aims to transform business communication, consumer engagement, and decisionmaking processes by utilising network API integration and AIdriven advancements. Read More..

B2B Tech News | 1 months ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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