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Hacker Claims Data Breach at Piramal Group, Personal Information at Risk

An Indian company called Piramal Group is said to have had sensitive data taken by a hacker. There are reports that the hacked material, sold on the d

An Indian company called Piramal Group is said to have had sensitive data taken by a hacker. There are reports that the hacked material, sold on the dark web, contains the personal data of thousands of present and past workers. To confirm authenticity, the hacker has released samples of the stolen data. Piramal Group has not yet commented on the hack. Large organisations are facing an increasing number of cybersecurity risks, as this incident highlights. Robust data protection procedures are essential to prevent these breaches and secure sensitive data. Read More..

B2B Tech News | 1 months ago          

Apple Launches Public Beta for Apple Maps on the Web

Safari, Chrome, and Edge are just a few browsers that may access Apple Maps on the web thanks to the companys opening of a public test. Similar functi

Safari, Chrome, and Edge are just a few browsers that may access Apple Maps on the web thanks to the companys opening of a public test. Similar functions of the mobile app are available online, such as ordering takeaway, navigating using driving and walking instructions, and perusing reviews and guides. In the future, Apple will introduce more browsers, languages, and capabilities like "Look Around". By expanding its user base, this expansion aims to compete directly with Google Maps. Developers can also include links to online maps for comprehensive location data. Read More..

B2B Tech News | 1 months ago          

Microsoft Enhances Bing with AIGenerated Answers for Smarter Searches

Microsoft has introduced AIpowered capabilities for Bing Search, allowing users to see AIgenerated results straight on the search results page. Both b

Microsoft has introduced AIpowered capabilities for Bing Search, allowing users to see AIgenerated results straight on the search results page. Both big and small language models have produced these answers, which are meant to be thorough and precise. Conventional search results are still available, guaranteeing openness and user interaction. Microsoft is releasing this feature piecemeal to get user input and improve the overall experience. This program follows Googles Search Generative Experience, incorporating AI. A restricted group of people may presently access the new Bing AI search tool. Read More..

B2B Tech News | 1 months ago          

Google Cloud Boosts Vertex AI with Mistral AI’s CuttingEdge Code Generation Model

The Vertex AI platform from Google Cloud now includes Mistral AIs Codestral codegeneration model. Through this collaboration, developers will be able

The Vertex AI platform from Google Cloud now includes Mistral AIs Codestral codegeneration model. Through this collaboration, developers will be able to use Codestral to generate, finish, and fill in code snippets in more than 80 programming languages, improving the correctness and efficiency of their work. This integration is a part of Googles larger plan to encourage flexible and open AI ecosystems and provide corporate clients access to a wide range of AI technologies. Founded in 2023, Mistral AI is a Parisbased firm that has quickly garnered attention and capital, establishing it as a significant force in artificial intelligence. Read More..

B2B Tech News | 1 months ago          

South African Rand Slides Ahead of June Inflation Data and U.S. Political Developments

As investors anticipated June inflation statistics and kept an eye on developments in the U.S. presidential campaign, the South African rand fell by 0

As investors anticipated June inflation statistics and kept an eye on developments in the U.S. presidential campaign, the South African rand fell by 0.9% to 18.4025 against the dollar on Tuesday. Ahead of Statistics South Africas inflation data, which might influence future interest rate decisions, the rand has declined, reflecting caution. Markets are also paying attention to changes in U.S. politics after U.S. President Joe Biden withdrew from the 2024 race and endorsed Vice President Kamala Harris. Inflation in the local area is predicted to drop to 5.1% in June from 5.2% in May. The Top40 index on the Johannesburg Stock Exchange increased by 0.24%, while South Africas 2030 government bond yield decreased to 9.46%. Read More..

B2B Tech News | 1 months ago          

Boschs Largest Acquisition $8 Billion Deal for Residential Ventilation Units from Johnson Controls and Hitachi

Robert Bosch has agreed to pay $8 billion to purchase the home ventilation operations of Hitachi and Johnson Controls. This is Boschs largest acquisit

Robert Bosch has agreed to pay $8 billion to purchase the home ventilation operations of Hitachi and Johnson Controls. This is Boschs largest acquisition to date. Bosch Home Comfort will see a boost in revenues from the purchase, which will reach €9 billion. The joint venture with Hitachi will keep its interest in ductless HVAC production facilities in Japan, and Johnson Controls North American ducted HVAC business is included in the deal. Bosch wants to take advantage of the expanding market for heat pumps and energyefficient technology in the United States and Asia. The deal, which is financed by Boschs cash on hand, is anticipated to increase significantly the companys market share in the heating and cooling industry worldwide. Johnson Controls anticipates net proceeds of around $5 billion after taxes on the $6.7 billion in cash it will receive. Read More..

B2B Tech News | 1 months ago          

Deutsche Bank Reports First Net Loss in Four Years €143 Million for Q2

Deutsche Bank ended a 15quarter profit run with a Q2 net loss of €143 million. Its first loss in four years was caused by the bank having to put asi

Deutsche Bank ended a 15quarter profit run with a Q2 net loss of €143 million. Its first loss in four years was caused by the bank having to put aside €1.3 billion for ongoing investor litigation about its acquisition of Postbank. Deutsche Bank raised its annual projection for credit loss provisions even though the actual loss was smaller than the projected €280 million. According to CEO Christian Sewing, the bank is on pace to accomplish its 2025 goals and shareholder commitments. Ongoing legal battles over the Postbank acquisition have increased losses and resulted in operational problems and regulatory scrutiny. Revenues from business and retail banking fell while those from the investment bank increased by 10%. Read More..

B2B Tech News | 1 months ago          

Visas Net Revenue Falls Short of Forecasts, Leading to PostEarnings Decline

As expected by Wall Street, Visas revenue for the third quarter was missed, which is unusual for the most significant payment processor in the world.

As expected by Wall Street, Visas revenue for the third quarter was missed, which is unusual for the most significant payment processor in the world. The companys afterhours share price fell 4.6% due to its $8.90 billion net sales, which fell short of the $8.92 billion expected. Higher borrowing rates, which affect consumer spending, especially among lowerincome groups, were blamed for this shortage. Visas growth was steady among highspenders while slightly down in lowerspend categories. A downturn was also seen in the AsiaPacific region, particularly in mainland China. Despite this, Visa reported a 14% increase in crossborder transactions and a 7% increase in payment volume, and they anticipate "low doubledigit" revenue growth in the upcoming quarter. Read More..

B2B Tech News | 1 months ago          



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