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Adani Group to Sell 2.84% Stake in Ambuja Cements for $500 Million

Reuters reports that Holderind Investments, a division of the Adani Group, is asking $500 million for 2.84% of Ambuja Cements. The sale price, schedul

Reuters reports that Holderind Investments, a division of the Adani Group, is asking $500 million for 2.84% of Ambuja Cements. The sale price, scheduled on Friday, is 600 rupees per share, which is 5% less than the closing price of 631.8 rupees on Thursday. Adani Group owned 70.33% of Ambuja as of June 30, while Holderind owned 50.9% of the cement firm. This deal is part of a larger financial plan since Adani Enterprises is anticipated to start selling $1 billion worth of shares by midSeptember. Read More..

B2B Tech News | 2 months ago          

SoftBank Eyes $684 Million Investment in Sharp for AI Data Center Development

Sharp Corp and SoftBank Corp are reportedly discussing a possible $1004 million $100 billion investment. This information was reported by Kyodo news a

Sharp Corp and SoftBank Corp are reportedly discussing a possible $1004 million $100 billion investment. This information was reported by Kyodo news agency. The investment proposal is a part of more extensive talks about purchasing a part of Sharps Sakai facility to build an AI data centre. The viability of the investment may be impacted by the two firms alleged conflicts about the terms of the agreement. With this move, SoftBank is attempting to increase its footprint in data infrastructure and artificial intelligence. Read More..

B2B Tech News | 2 months ago          

Bank of Singapore Plans to Double Middle East Revenue Contribution to 20%

With this expansion, the Bank of Singapore hopes to increase its share of revenue and private banking assets from 10% to 20% in the Middle East over t

With this expansion, the Bank of Singapore hopes to increase its share of revenue and private banking assets from 10% to 20% in the Middle East over the next three to five years. The bank increased its assets under management from $20 billion in 2010 to $116 billion by September 2023. Favourable government policies and infrastructure are driving wealthy worldwide to the United Arab Emirates and, specifically, to Dubai. Using OCBCs position in Southeast Asia, China, and the United Kingdom, the Bank of Singapore considers turning Dubai into a booking hub. This development is fuelled by the UAEs position as a crossborder centre for money, particularly from Asia and Africa. Read More..

B2B Tech News | 2 months ago          

Tenable Uncovers Critical SSRF Vulnerability in Microsoft Copilot Studio Exposing Sensitive Data

A ServerSide Severe Request Forgery SSRF vulnerability in Microsofts Copilot Studio has been discovered by Tenables Research Team. This vulnerability

A ServerSide Severe Request Forgery SSRF vulnerability in Microsofts Copilot Studio has been discovered by Tenables Research Team. This vulnerability may have had crosstenant implications and exposed confidential data about internal services. When redirect status codes for userconfigurable activities were mishandled, a vulnerability resulted. Attackers may access internal resources and sensitive data by manipulating serverside HTTP requests using an SSRF vulnerability. In this instance, an attacker may have gained access tokens from Azures Instance Metadata Service IMDS, which would have given them further access to shared resources like Cosmos DB. The dangers of quick product launches in the cloud application market are brought to light by this discovery. Read More..

B2B Tech News | 2 months ago          

Experian India Launches AiDRIAN AI Tool to Combat Financial Fraud in RealTime

AiDRIAN, an AIpowered solution to fight financial industry fraud, was unveiled by Experian India. By identifying possible fraud at its source, AiDRIAN

AiDRIAN, an AIpowered solution to fight financial industry fraud, was unveiled by Experian India. By identifying possible fraud at its source, AiDRIAN protects in realtime and lessens the need for manual interventions. It uses sophisticated device profiling, examining more than 150 factors to generate distinct device IDs and spot irregularities. Additionally, the technology can learn independently and adjust to new fraud strategies. Manish Jain, the Country Managing Director of Experian, emphasised the efficacy of AiDRIAN in mitigating fraud without compromising customer conversion rates. He emphasised the systems critical role in bolstering security and upholding confidence within the banking industry. Read More..

B2B Tech News | 2 months ago          

DID Unveils Beta Version of AIPowered Video Translation Tool with LipSync Technology

A beta version of DIDs AIpowered video translating application, Video Translate, has been released. DID is a Tel Avivbased firm. This program allows u

A beta version of DIDs AIpowered video translating application, Video Translate, has been released. DID is a Tel Avivbased firm. This program allows users to produce translated films that synchronise lip movements and voice quality with the original speaker. Subscription users to the site may use this function, which plays films up to 2GB in MP4, MOV, and MPEG codecs. While the program can translate films into thirty languages, it has several drawbacks, such as the inability to translate movies with renowned people or the need for the speaker to face the front. Many membership levels are available, and the function is free for a certain period. Read More..

B2B Tech News | 2 months ago          

Zerodha Introduces Privacy Mode on Kite to Help Traders Stay Focused

Zerodha has introduced a feature called Privacy Mode on its Kite platform, enabling traders to conceal their realtime profit and loss P&L figures to m

Zerodha has introduced a feature called Privacy Mode on its Kite platform, enabling traders to conceal their realtime profit and loss P&L figures to minimise interruptions and prevent excessive trading. This function maintains the privacy of financial information when screen sharing, allowing users to concentrate on their strategy without being distracted by daytoday swings. In addition to Privacy Mode, Zerodha also unveiled the Virtual Contract Note, which gives traders a comprehensive overview of daily trading fees and assists them in making better decisions, and the Kill Switch, which momentarily stops trading segments to stop overtrading. Read More..

B2B Tech News | 2 months ago          

Microsoft Delays AIPowered "Recall" Feature Amid Privacy Concerns

With its AIpowered "Recall" function initially slated to be included in its Copilot+ PC service, Microsoft has revealed yet another delay. When the fu

With its AIpowered "Recall" function initially slated to be included in its Copilot+ PC service, Microsoft has revealed yet another delay. When the function was unveiled in May, privacy concerns caused it to be rolled back. The feature records and shows users ondevice history through automatically taken screenshots. The business has pushed back its August preview release date to October, saying it was initially scheduled to go live in August for Windows Insiders. Microsofts top priority is a "trustworthy and secure" user experience, so there has been a delay. With no set date for a public release, the functionality will be made accessible to Windows Insider Program beta testers. Read More..

B2B Tech News | 2 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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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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