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EU Unveils $8 Billion Aid Package for Egypt to Address Economic Pressures and Migration Concerns

To ease economic strains and resolve worries about increased immigration to Europe, the European Union has proposed an $8 billion aid package for Egyp

To ease economic strains and resolve worries about increased immigration to Europe, the European Union has proposed an $8 billion aid package for Egypt. The agreement, which aims to strengthen collaboration between the EU and Egypt, consists of grants and loans spread over three years. It seeks to fortify Egypts borders, especially with Libya, and support the countrys hosting of Sudanese refugees. Egypt has traditionally been a destination or a hub for migration. Still, the agreement raises questions about human rights, with civil society organisations calling on EU leaders to confront Egypts limitations on the media. EU representatives defend the alliances by pointing to initiatives to improve local and migrant circumstances. Read More..

B2B Tech News | 1 months ago          

Fujitsu Discloses Major Cybersecurity Breach, Customer Data Compromised

Major international IT services firm Fujitsu revealed a severe cybersecurity incident involving compromised systems infested with malware and stolen c

Major international IT services firm Fujitsu revealed a severe cybersecurity incident involving compromised systems infested with malware and stolen client information. The company, wellknown for its wide range of products and close relationships with the Japanese government, found malware on corporate PCs, which resulted in the unauthorised deletion of files holding private client data. Although Fujitsu immediately isolated the compromised systems and increased monitoring, inquiries are still being conducted to ascertain the full scope of the hack and data espionage. Fujitsu contacted the authorities and is getting ready to send out individual letters to concerned consumers even though there has been no known abuse of client data. This incident comes after another hack in May 2021, when critical data was compromised due to unauthorised access to government offices using Fujitsus ProjectWEB application. The business implemented security protocol enhancements and vulnerability fixes in Read More..

B2B Tech News | 1 months ago          

Super Micro Computers S&P 500 Inclusion Boosts AI Server Market Prospects

Strong links with Nvidia and AMD enable Super Micro Computer, a recent addition to the S&P 500, to quickly introduce solutions for the generative AI i

Strong links with Nvidia and AMD enable Super Micro Computer, a recent addition to the S&P 500, to quickly introduce solutions for the generative AI industry. Super Micro has a competitive advantage because of its proximity to these chip vendors, which allows it to get AI chips early for testing. Analysts point out that the corporation can produce, build, test, and ship servers in weeks, assuming parts are available. With anticipated doubled sales and tripledigit growth, Super Micros market value has increased to $60 billion. If future earnings fall short of projections, the stocks high pricetoearnings ratio might become problematic. Moreover, Super Micros liquid cooling technology meets the growing need for effective cooling in data centres using AI chips sustaining its competitive edge in AI servers is still a challenge. Read More..

B2B Tech News | 1 months ago          

STEAG Indian Army Establishes Elite Unit for Researching Future Communication Technologies

The Signals Technology Evaluation and Adaptation Group STEAG is an elite organisation of the Indian Army that conducts research and evaluations of cut

The Signals Technology Evaluation and Adaptation Group STEAG is an elite organisation of the Indian Army that conducts research and evaluations of cuttingedge communication technology for military applications. To improve defence capabilities, this unit will investigate cuttingedge technologies, including Artificial Intelligence AI, machine learning, 5G, 6G, and quantum technologies. Evaluation of a broad spectrum of wired and wireless systems, such as electronic exchanges, mobile communications, Software Defined Radios SDR, and Electronic Warfare EW systems, is part of STEAGs mandate. It wants to establish itself as a leading company at the forefront of technical innovation in the military sector by promoting cooperation with academics and businesses to find and create specialised solutions for defence applications. Read More..

B2B Tech News | 1 months ago          

Alphalake AI Launches AlphaUID Validator to Tackle Fraudulent Activities in Indian Insurance Sector

The AlphaUID Validator, the most recent invention from Alphalake AI, is intended to strengthen verification procedures and fight financial deceit and

The AlphaUID Validator, the most recent invention from Alphalake AI, is intended to strengthen verification procedures and fight financial deceit and fraudulent insurance claims, which are especially common in the Indian insurance industry. According to studies, there has been a notable increase in fraudulent activities due to reduced restrictions and greater digitalization. To combat this, the AlphaUID Validator uses proprietary algorithms to quickly verify users using the government of Indias Aadhar Unique ID. This technologically advanced solution protects data integrity and security while expediting authentication and guaranteeing timely resolutions. The objective of Alphalake AI is to enable companies to proactively combat fraudulent activity and improve customer confidence in the everchanging digital insurance market. Read More..

B2B Tech News | 1 months ago          

Nvidia Unveils AIPowered Platform for 6G Research, Accelerating Telecom Innovation

On Monday, Nvidia unveiled a software platform driven by Artificial Intelligence AI that simulates cloudbased communication settings to aid in studyin

On Monday, Nvidia unveiled a software platform driven by Artificial Intelligence AI that simulates cloudbased communication settings to aid in studying 6G technology. The commercial launch of 6G is scheduled for about 2030 and is positioned as the upgrade from 5G. Nvidias platform makes realtime testing of 6G networks possible, which offers an app that simulates various scenarios, from single cell towers to large cities. Software and AI are increasingly integrating into the telecom business, including RAN hardware like base stations and antennas. Northeastern University, Ansys, Samsung, SoftBank Corp., and Nokia are among the early users of the platform. Technology equities increased on Nvidias news, but European shares fell, especially in the telecom industry. Read More..

B2B Tech News | 1 months ago          

South African Rand Weakens Early Against Dollar, Mining and Manufacturing Data Awaited

Early weakness in the rand versus the dollar was seen at 0757 GMT, it was down 0.4% from the previous close, trading at 18.6400. At the same time, the

Early weakness in the rand versus the dollar was seen at 0757 GMT, it was down 0.4% from the previous close, trading at 18.6400. At the same time, the dollar appreciated by about 0.15% relative to a worldwide currency basket. Figures South Africas release of mining and industrial data for January might affect the local currency. In the meantime, the Top40 index on the Johannesburg Stock Exchange saw a 0.4% fall. The benchmark 2030 government bond also saw a decline its yield increased by four basis points to 10.25%. Read More..

B2B Tech News | 1 months ago          

Adani Group Plans ₹1.2 Lakh Crore Investment Boost, Focusing on Green Energy and Infrastructure

In the next fiscal year, the Adani Group plans to increase its investments to about ₹1.2 lakh crore $14 billion, emphasising infrastructure and rene

In the next fiscal year, the Adani Group plans to increase its investments to about ₹1.2 lakh crore $14 billion, emphasising infrastructure and renewable energy. This corresponds to the groups $100 billion investment objective over the next seven to ten years, a 40% increase over the current fiscal year. Thirty per cent of the anticipated investment will assist the growth of ports and airports, with the remaining seventy per cent going towards green energy projects, including green hydrogen and renewable electricity. By investing in runway and terminal renovations, the firm hopes to treble airport capacity by 2040, with a combined capacity of 300 million passengers annually. 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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