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Cognizant Technologies Acquires Belcan in $1.3 Billion Deal

Cognizant Technologies said it acquired digital engineering firm Belcan for around $1.3 billion in cash and shares to strengthen its position in the a

Cognizant Technologies said it acquired digital engineering firm Belcan for around $1.3 billion in cash and shares to strengthen its position in the aerospace, defence, space, and automotive industries. Owned by the private equity group AE Industrial Partners, Belcan is a Cincinnatibased company with 10,000 employees spread over 60 facilities worldwide, catering to clients including NASA, General Motors, and Boeing. Cognizant CEO Ravi Kumar emphasised Belcans connection with the rapidly expanding aerospace and defence industry. Also, he saw potential synergies between Cognizants industrial manufacturing and automotive competencies and Belcans technical experience. If client expenditure slows as anticipated, the transaction will allow Belcan to function as a single entity under the direction of Cognizant and strengthen the companys specialisation plan. Read More..

B2B Tech News | 1 months ago          

Microsoft Faces Backlash Over Windows Recall Security Flaws Prompt Swift Response

When Microsoft unveiled the Windows 11powered Copilot+ PCs, it created a sensation when they revealed the Windows Recall function, which takes screens

When Microsoft unveiled the Windows 11powered Copilot+ PCs, it created a sensation when they revealed the Windows Recall function, which takes screenshots every few seconds. Security experts immediately criticised its possible security vulnerabilities, such as unencrypted user databases susceptible to malware exfiltration and default activation. Microsoft responded to the controversy by encrypting the search index database. It made Recall optional before the features June 18 rollout. Users now have control over stored snapshots and may choose what private browsing material to see by requiring Windows Hello authentication to get entry. While these enhancements allay worries, Microsofts security and governance failings continue to draw criticism, necessitating an assessment of the modifications effectiveness and a pledge to get user agreement before implementing them again. Read More..

B2B Tech News | 1 months ago          

Apple Unveils Apple Intelligence Personalized AI with Privacy Focus

Apple announced Apple Intelligence, a thorough venture into generative AI, at WWDC 2024, promising safety and customised experiences. Tim Cook highlig

Apple announced Apple Intelligence, a thorough venture into generative AI, at WWDC 2024, promising safety and customised experiences. Tim Cook highlighted the systems interoperability across iOS, macOS, and visionOS while emphasising its foundation in user context and privacy. Large language models are used in this functionality, and much processing takes place locally on the devices. Apple uses Private Cloud Compute for offdevice computing to allay privacy worries. With a significant upgrade, Siri has become more firmly integrated into the operating systems and has gained new features like typing inquiries and interacting with thirdparty apps. Several applications will include Apple Intelligence, improving functions like Smart Replies and introducing cuttingedge technologies like Genmoji and Image Playground. Read More..

B2B Tech News | 1 months ago          

Apple Shifts to InHouse Chips for AI Features Across Devices

During its yearly developer conference, Apple revealed that its server processors will power its smartphones artificial intelligence functions. This s

During its yearly developer conference, Apple revealed that its server processors will power its smartphones artificial intelligence functions. This significant step demonstrates Apples dedication to developing AI capabilities and improving user experiences. Apple hopes to improve the performance, efficiency, and integration of AIdriven features throughout its product portfolio by utilising its CPUs. This breakthrough fits in with Apples overarching plan to control the hardware and software ecosystem more, allowing the business to provide cuttingedge features while optimising security and battery use. With this move, Apple will be better positioned to compete in the quickly changing AI market by providing its customers with cuttingedge technology and enhanced performance. Read More..

B2B Tech News | 1 months ago          

Meta to Use Public European Social Media Content for AI Training

Meta Platforms intends to train its generative AI models using European public social media material. With this decision, Facebook and Instagrams publ

Meta Platforms intends to train its generative AI models using European public social media material. With this decision, Facebook and Instagrams public postings will be used in Europe in line with its worldwide policies. Still, private communications and posts will not be used. Despite strict EU privacy and openness laws, Meta wants to improve its Llama language models with this data. Meta has started to notify UK and European users about this behaviour. Nonetheless, the advocacy organization NYOB has lodged concerns, contending that user authorization is required for such data use under EU privacy regulations. This is a big step forward for Metas plan to use local social media data to create and improve its AI technology. Read More..

B2B Tech News | 1 months ago          

Apple Previews iOS 18 with Extensive Customization and Revamped Photos App

Apple has released a preview of iOS 18, which includes a new Photos app, improved communication capabilities, and the cuttingedge Apple Intelligence s

Apple has released a preview of iOS 18, which includes a new Photos app, improved communication capabilities, and the cuttingedge Apple Intelligence system. Apps and widgets may now be freely positioned on the Home Screen, Lock Screen, and Control Centre to let users customise them. A dynamic carousel display and intelligent "Collections" are two of the app Photos simplified features. Animated text effects, satellite messaging, and scheduled sending improve communication, while Mail adds ondevice categorisation and a digest view. Apple Intelligence prioritizes privacy ith Private Cloud Compute. It uses generative AI to create better writing tools, images, and dynamic memories. The official release of the iPhone Xs is scheduled for this autumn, with a public beta accessible the month after the developer test ends. Read More..

B2B Tech News | 1 months ago          

Germany Unveils €23 Billion Tax Cuts to Mitigate Inflation Impact

Germanys €23 billion tax cuts are primarily intended to reduce fiscal drag by raising income tax levels, which should lessen the impact of inflation

Germanys €23 billion tax cuts are primarily intended to reduce fiscal drag by raising income tax levels, which should lessen the impact of inflation on household budgets. This effect, known as cold progression, happens when inflation forces earnings into higher tax levels, eroding nominal pay growth. The threephase plan calls for increasing the taxfree limit to €12,336 by 2026 and modifying the tax bands to €69,798. Minister of Finance Christian Lindner justified the action as fair, pointing out how citizens are affected by inflation. However, coalition partners, who worry about a budget deficit in light of Lindners strict debt limits, have criticised the move. This action has heightened calls for more significant public investment amid more extensive economic investigation. Read More..

B2B Tech News | 1 months ago          

Norways Sovereign Wealth Fund to Oppose Tesla CEO Elon Musks $56 Billion Pay Package

Following its invalidation by a Delaware judge, Tesla CEO Elon Musks $56 billion compensation plan is up for shareholder vote next week. Norways $1.7

Following its invalidation by a Delaware judge, Tesla CEO Elon Musks $56 billion compensation plan is up for shareholder vote next week. Norways $1.7 trillion national wealth fund stated its intention to vote against ratification. Musks leadership value has been acknowledged by the fund since 2018. Still, the fund expressed concerns about the awards magnitude, performance triggers, dilution, and critical person risk mitigation. The fund, which voted against the deal in 2018, wants a positive conversation with Tesla. In light of current labour problems, it also backs a shareholder motion that calls Tesla to embrace freedom of association and collective bargaining. The fund supported Kimbal Musks reelection to the board and voted to move Teslas incorporation to Texas. 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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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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