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Russian Subcommittee Approves Acquisition of Yandexs Russian Business

The purchase of 96.3% of Yandex NVs Russian company by a group of Russian investors has been approved by a subcommittee of the Russian government comm

The purchase of 96.3% of Yandex NVs Russian company by a group of Russian investors has been approved by a subcommittee of the Russian government commission for control over foreign investments. With a valuation of 521 billion dollars or 475 billion roubles, the purchase is the most significant business departure from Russia since the invasion of Ukraine. Consortium.first, the acquirer is led by trustee Solid Management and consists of financial investors such as Argonaut, which Lukoil and top management personnel from Yandex ultimately control. With this action, control of "Russias Google" has significantly shifted to domestic firms. Read More..

B2B Tech News | 1 months ago          

Ghana Warned of Potential Loss of $3.8 Billion in Financing Over AntiLGBTQ Bill

A measure that would discriminate against LGBTQ people might cost Ghanas finance ministry up to USD$3.8 billion in lost foreign funding over five or s

A measure that would discriminate against LGBTQ people might cost Ghanas finance ministry up to USD$3.8 billion in lost foreign funding over five or six years if President Nana AkufoAddo approves it. The law, which Parliament approved with a unanimous vote, makes it illegal to support or engage in LGBTQ activities and carries jail time as a penalty. The ministry highlights negative impacts on exchange rate stability and foreign currency reserves. It recommends enlisting conservative local forces to explain the ramifications for the economy and back essential development projects. International rights organisations and activists oppose the measure, claiming it goes against the fundamentals of equality and human rights. Read More..

B2B Tech News | 1 months ago          

Vietnam and Australia to Sign MoU on Energy and Mineral Cooperation

A Memorandum of Understanding MoU on energy and mineral cooperation will be signed by Vietnam and Australia during the visit of Vietnamese Prime Minis

A Memorandum of Understanding MoU on energy and mineral cooperation will be signed by Vietnam and Australia during the visit of Vietnamese Prime Minister Pham Minh Chinh to Melbourne, according to an announcement by the Ministry of Industry and Trade of Vietnam. The two nations cooperation in the energy and mining industries will be improved under the MoU. In particular, the deal will make it easier for Australia to export coal and LNG to Vietnam. Australia now supplies 44% of Vietnams total coal imports, making it a significant coal supplier. This alliance emphasises how crucial bilateral cooperation is to supplying Vietnams energy demands and advancing the two countries economic relations. Read More..

B2B Tech News | 1 months ago          

Numbers Station Launches CloudBased Product for Data Analytics

A firm called Numbers Station has released Numbers Station Cloud, its first cloudbased solution currently available for early access. Numbers Station

A firm called Numbers Station has released Numbers Station Cloud, its first cloudbased solution currently available for early access. Numbers Station uses Large Language Models LLMs for its data analytics platform. Numbers Station concentrates on comprehending a companys data structure and vocabulary, unlike comparable solutions that translate queries into SQL. Business leaders may ask queries on the platform and get responses from structured data, according to cofounder Chris Aberger. The semantic catalogue of the platform customised for every organisation, guarantees congruence between model descriptions and organisational lingo. Ines Chami, Chief Scientist, highlights the difficulty in developing a knowledge representation that models can use efficiently. Launching the chat service today, Numbers Station plans to develop a more comprehensive AI analytics platform to tackle a range of data issues. Read More..

B2B Tech News | 1 months ago          

Meta Confirms Restoration of Facebook and Instagram Services After Global Outage

Facebook and Instagrams parent company, Meta, has announced that its services have been restored after a significant twohours worldwide outage. Metas

Facebook and Instagrams parent company, Meta, has announced that its services have been restored after a significant twohours worldwide outage. Metas director of communications, Andy Stone, apologised to users for any discomfort the disruption had caused and reassured them that the technical problem had been fixed as soon as possible. Users worldwide had access issues to Facebook and Instagram due to the outage. After restoring services, users expressed relief and thanks for quickly resolving the situation. The outage caused numerous problems, including Instagram feed refresh issues, login difficulties, and the Threads apps entire shutdown. Reports on DownDetector surged rapidly during the outage. Meta acknowledged the service disruption through a tweet from Stone, stating that they were aware of the issues and working to resolve them. Read More..

B2B Tech News | 1 months ago          

GetSetUp Launches Cyber Safety and Fraud Hub for Older Adults

The Cyber Safety and Fraud Hub was introduced by GetSetUp, a platform for active seniors, to improve digital safety for senior citizens in the face of

The Cyber Safety and Fraud Hub was introduced by GetSetUp, a platform for active seniors, to improve digital safety for senior citizens in the face of an increase in online scams that prey on vulnerable groups. The program offers extensive checklists, essays, and instructional films to assist users in identifying fraud and protecting personal data. Customised "Cyber Security" courses offer practical assistance, enabling students to raise issues and ask questions. Through education and awareness initiatives, GetSetUp seeks to equip older persons with the knowledge and abilities to navigate the digital world securely and successfully. The platform shields the community from online fraud and safely increases digital involvement by promoting awareness and education. Read More..

B2B Tech News | 1 months ago          

LTTS Partners with Intel to Develop Scalable EdgeAI Solutions

A partnership between Intel Corporation and L&T Technology Services Limited LTTS has been launched to provide scalable edgeAI solutions for various ap

A partnership between Intel Corporation and L&T Technology Services Limited LTTS has been launched to provide scalable edgeAI solutions for various applications, including use cases related to the cell phone to everything CV2X. With the help of Intels Edge Platform, which has an integrated AI runtime with OpenVINOTM inference, LTTS seeks to make onpremises and hybrid AI scenarios possible for emergency safety and traffic management in transportation and smart cities. The partnership between LTTS and Intel highlights the latters dedication to developing smart cities and road infrastructure. At the same time, the formers extensive ecosystem transforms edge infrastructure and application deployment. The partnership is anticipated to accelerate the adoption of road safety, improved mobility, and vehicletovehicle communication, which will benefit the transportation and innovative city sectors. Read More..

B2B Tech News | 1 months ago          

China Prioritizes Quantum Computing, Tech SelfSufficiency in Government Work Report

According to a government work report, China wants to advance its technological selfsufficiency and promote new sectors like quantum computing. The na

According to a government work report, China wants to advance its technological selfsufficiency and promote new sectors like quantum computing. The nation intends to step up efforts in big data and artificial intelligence AI to achieve its strategic objectives and start largescale research and technology initiatives. With the help of national resources, China hopes to increase innovation. China has prioritized local innovation and reduced its reliance on foreign suppliers due to trade disputes with the US, highlighting the necessity of technical independence. The focus on AI is consistent with earlier goals. It is part of a larger plan to improve supply chains, technology resilience, and security. The governments expanded involvement in techrelated policy, which includes centralization under a new technology commission, is to improve coordination and focus on essential growth areas. Additionally, China intends to cultivate toptier scientists and innovation teams while enhancing mechani 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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