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United States records a whopping $33 trillion in national debt

The United States national debt surpassed $33 trillion for the first time in history, less than two weeks before the federal government faces the poss

The United States national debt surpassed $33 trillion for the first time in history, less than two weeks before the federal government faces the possibility of shutting down due to a lack of budgetary authorization. The debt is at the heart of a standoff in Congress on a budget measure that would keep the government running until the next financing cycle. According to the government, an approximately 50% rise in federal expenditure between financial year 2019 and financial year 2021 contributed to the debt exceeding $33 trillion. The United States will experience its first federal government shutdown since 2019. Read More..

B2B Tech News | 3 days ago          

India builds its own solar modules Chinese imports drop down by 76%

After 2022, Indias reliance on China for solar module imports will be significantly reduced, with domestic production already beginning to ramp up a

After 2022, Indias reliance on China for solar module imports will be significantly reduced, with domestic production already beginning to ramp up as a result of recent governmental measures. Domestic solar module manufacturing capacity in India has increased, along with the quantity of Chinese cells combined locally into solar panels, with India being the 2nd largest market for exported solar power cells after Turkey. In the first half of 2023, India becomes the only nation in the globe to reduce its reliance on solar equipment imports from China, which generates around eight out of every ten solar panels sold worldwide. Read More..

B2B Tech News | 3 days ago          

Meta Unveils ‘WhatsApp Flows’ A B2B Chat GameChanger

Whatsapp Flows is a tool that allows businesses to create customised interactions within chat threads. Businesses may specify particular actions and a

Whatsapp Flows is a tool that allows businesses to create customised interactions within chat threads. Businesses may specify particular actions and automate certain operations for clients from within the chat interface using Flows. Customers will be able to pay firms without leaving the chat by using the payment method of their choice on Metas messaging service. While no information on its integration with WhatsApps UPI payment feature was disclosed, this function is currently available in Brazil and Singapore. Meta also announced the launch of Meta Verified, its premium verification badge, on WhatsApp. Customers will be able to verify the legitimacy of businesses with this emblem. Read More..

B2B Tech News | 3 days ago          

Data Dilemma Microsoft AI Researcher Unintentionally Unleashes 38TB of Private Information onto the Web

A faulty connection accidently exposed 38TB of Microsoft data, allowing malicious code to be injected into its AI models. A Microsoft employee had bui

A faulty connection accidently exposed 38TB of Microsoft data, allowing malicious code to be injected into its AI models. A Microsoft employee had built a URL on the compromised GitHub website, allowing users to the software repository to download AI models from an Azure storage container. The URL provided access to more than just the opensource model. It was set up to offer rights to the whole storage account, accidentally exposing extra private data. The link also granted full permission to allow the user to edit the contents of the account which included the passwords and profiles of two former Microsoft employees and nearly 1000+ Teams messages from their colleagues. After an investigation in the matter however, the company concluded and released a statement stating that none of the data leak would affect the clients or customers negatively. Read More..

B2B Tech News | 3 days ago          

Intels Chip Revolution Aiming to Outpace Taiwan Semiconductor Manufacturers

Intel’s new processor, set to be launched in December will be capable of running a generative artificial intelligence chatbot on a laptop rather tha

Intel’s new processor, set to be launched in December will be capable of running a generative artificial intelligence chatbot on a laptop rather than relying on cloud data centres for computational capacity. Intel is scheduled to launch a successor chip dubbed "Arrow Lake" next year, and that Intels manufacturing technique will compete with that of Taiwan Semiconductor Manufacturing Co. Developers will operate a version of a big language model, technology similar to the one powering products like Meta Platforms ChatGPT. This allows the chatbot to respond faster and prevents data from leaving the device. Intel’s new chip, ‘Meteor Lake’, set to be launched on 14th December will be its first CPU with different chips for each component and will also have a dedicated AI coprocessor inside. Read More..

B2B Tech News | 3 days ago          

Amazon introduces new instore technology Hassle free checkout, Just Walk Out!

Incorporating new technology in another domain of its physical stores, Amazon.inc has now equipped and expanded its use of Radiofrequency Identificati

Incorporating new technology in another domain of its physical stores, Amazon.inc has now equipped and expanded its use of Radiofrequency Identification. Their ‘Just Walk Out’ technology utilises cameras, shelf sensors, sensor fusion and AI to make the concept work. The technology has enabled merchants to sell their products food and groceries to home goods, electronics and more. This technology that was first incorporated in 2018 has now been implemented in clothing stores across the companies’ outlets. It supports their computer visionbased service and allows stores to sell a wider range of clothes, apparel, and other softlines items. RFIDenabled stores are inexpensive and quick to set up, and they provide the same seamless shopping experience that customers have come to expect from Just Walk Out technology stores. Read More..

B2B Tech News | 3 days ago          

Global Financial Giant EY Hits Pause on AuditAdvisory Split

Due to resistance from its US office, the British financial services behemoth EY has decided to end its attempt to divide its audit and consulting ope

Due to resistance from its US office, the British financial services behemoth EY has decided to end its attempt to divide its audit and consulting operations. The initiative, dubbed "Project Everest," sought to foster development and avoid conflicts of interest, but it needed the consent of EYs international partners. The US executive committees decision to forego implementing the plan abandoned the project.EY recognises the difficulties involved, including the need for more time and resources, but is still committed to establishing two different organisations to improve audit quality and independence. The initial early 2023 deadline repeatedly delayed the split vote. Read More..

B2B Tech News | 3 days ago          

TCI Express Aims for Impressive FY24 Growth in B2B Trucking

To preserve its leading position, TCI Express is steadfastly focusing on the B2B express trucking market. It plans to achieve outstanding revenue and

To preserve its leading position, TCI Express is steadfastly focusing on the B2B express trucking market. It plans to achieve outstanding revenue and EBITDA growth in FY24. TCI Expresss MD, Chander Agarwal, reaffirmed the business dedication to the B2B market while warning against making substantial expenditures in ecommerce. TCI Express plans to avoid the cutthroat ecommerce sector while reiterating its commitment to its core business. In FY24, the business targets a substantial 15–16% sales increase and a 25–28% EBITDA growth. TCI Express also emphasises its dedication to continued capital spending, increasing capabilities and infrastructure to fulfil client expectations successfully. Read More..

B2B Tech News | 3 days 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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