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UAE Launches DirhamBacked Stablecoin to Revolutionize Global Payments

The UAE Central Bank will completely supervise the Dirhambacked stablecoin that Abu Dhabis ADQ, First Abu Dhabi Bank FAB, and International Holding Co

The UAE Central Bank will completely supervise the Dirhambacked stablecoin that Abu Dhabis ADQ, First Abu Dhabi Bank FAB, and International Holding Company IHC intend to introduce. By revolutionising domestic and international payments and business transactions, this programme seeks to establish the United Arab Emirates as a pioneer in blockchain technology. The stablecoin will facilitate machinetomachine transactions, AI applications, and regular payments on the ADI blockchain. It demonstrates Abu Dhabis dedication to developing financial capabilities and fortifying its digital infrastructure. In keeping with the UAEs goal of becoming a global centre for digital finance, the project is anticipated to open up new development and value generation avenues. Read More..

B2B Tech News | 1 months ago          

Uganda Explores Starlink Partnership to Improve Remote Internet Access

Elon Musks Starlink team recently met with Ugandan President Yoweri Museveni to explore the possibility of the satellite internet provider entering Ug

Elon Musks Starlink team recently met with Ugandan President Yoweri Museveni to explore the possibility of the satellite internet provider entering Uganda. SpaceX subsidiary Starlink is quickly growing its services throughout Africa and operates in over a dozen nations, including Somalia and Lesotho. In response to longstanding grievances regarding exorbitant prices and erratic domestic services, Museveni conveyed gratitude for Starlinks dedication to offering reasonably priced internet in isolated locations. This move represents a significant step towards improving internet coverage in the area, even though it is unknown whether Starlink has applied for an operating licence in Uganda. Read More..

B2B Tech News | 1 months ago          

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 | 1 months 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 | 1 months 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 | 1 months 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 | 1 months 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 | 1 months 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 | 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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