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SoftBanks Innovative BondStyle Shares Hit the Market

Japans SoftBank Corp raised 120 billion yen $799 million by listing its bondlike shares on the Tokyo Stock Exchange. SoftBank may redeem these shares

Japans SoftBank Corp raised 120 billion yen $799 million by listing its bondlike shares on the Tokyo Stock Exchange. SoftBank may redeem these shares following five years, and they have a fixed dividend of 2.5 per cent. The shares feature traits of both bonds and equity, despite being categorised as equity. Demand was high among institutional and individual investors, who made up the majority of the offerings target market. The shares are a desirable investment alternative, especially if interest rates rise because they are readily listed and may be acquired through the taxefficient Nippon Individual Savings Account NISA. Read More..

B2B Tech News | 1 years ago          

Toyota Recalls 1.85 Million RAV4s Over Fire Risks

Because installing replacement batteries poses a fire risk, Toyota is recalling 1.85 million RAV4 sport utility cars in the US. Cars with model years

Because installing replacement batteries poses a fire risk, Toyota is recalling 1.85 million RAV4 sport utility cars in the US. Cars with model years 2013–2018 are included in the recall. According to Toyota, if a holddown clamp is not tightened correctly, a replacement 12volt battery with a smaller top dimension may slide when the car is driven erratically, increasing the danger of a short circuit and fires. By the end of December, dealers will replace the positive terminal cover, battery tray, and holddown clamp with better parts. Customers will be informed of the recall timetable. Read More..

B2B Tech News | 1 years ago          

Google Unleashes AIPowered Image Magic for Advertisers

Google has made its AIpowered Product Studio available to US advertisers. Using this application, advertisers and retailers can create product imagery

Google has made its AIpowered Product Studio available to US advertisers. Using this application, advertisers and retailers can create product imagery by entering image creation prompts. The AI model can help with tasks like scene requests, changing the backdrop colour, and improving lowquality photographs. This feature makes it easier for businesses to reuse current assets across numerous campaigns by enabling them to create professional photos without the need for costly photography sessions. All US users of Merchant Centre Next as well as the Google and YouTube apps on Shopify will have access to the feature. It seeks to offer branding and image design services that are reasonably priced for companies of all kinds. Read More..

B2B Tech News | 1 years ago          

Ciscos Urgent Alert Critical Vulnerability in FTD Devices

A critical command injection vulnerability, rated 9.9 on the Common Vulnerability Scoring System, has been published by Cisco about their Firepower Th

A critical command injection vulnerability, rated 9.9 on the Common Vulnerability Scoring System, has been published by Cisco about their Firepower Threat Defence FTD devices. The FTD devices management centre software is vulnerable to unauthorised configuration instructions being executed by authenticated remote attackers. The vulnerability is related to the execution of specific unauthorised configuration commands via a specially constructed HTTP request. The management centre software update is a component of a larger security rollup that covers 27 vulnerabilities in total, including eight highseverity CVEs, five of which are denialofservice vulnerabilities, including the Firepower management centre, FTD software, and adaptive security appliances made by Cisco. Read More..

B2B Tech News | 1 years ago          

Musk Advocates ThirdParty Referee for AI Accountability

Elon Musk has advocated for the creation of a "thirdparty referee" to monitor artificial intelligence development businesses and voice concerns when n

Elon Musk has advocated for the creation of a "thirdparty referee" to monitor artificial intelligence development businesses and voice concerns when needed. To guarantee the appropriate growth of AI, he underlined the significance of developing a framework for insight. Musk made these remarks during the AI Safety Summit in the UK, where a joint declaration outlining a cooperative strategy for detecting and managing shared AIrelated risks was released and signed by 28 nations and the European Union. Musk emphasised the necessity for a thorough knowledge of AI before creating oversight measures, voicing fear that governments would enact regulations too soon. Read More..

B2B Tech News | 1 years ago          

Bletchley Declaration World Leaders Commit to AI Risk Management

During the AI Safety Summit at Bletchley Park, the UK, the US, the EU, China, and over 25 other nations pledged to work together to manage the risks a

During the AI Safety Summit at Bletchley Park, the UK, the US, the EU, China, and over 25 other nations pledged to work together to manage the risks associated with artificial intelligence AI. They endorsed a "Bletchley Declaration" that emphasised the need for global collaboration and a standard method of supervision. The proclamation seeks to address common worries about the possible risks associated with AI and to create regulations to reduce such risks. Wu Zhaohui, Chinas vice minister of science and technology, stated that Beijing is willing to engage with other countries to ensure AI safety and create a global "governance framework." The summits main topic was the existential hazards posed by extremely powerful generalpurpose AI models. Read More..

B2B Tech News | 1 years ago          

Samsung Races to Develop AI Training Tools to Compete with SK Hynix

Samsung Electronics exceeded profit expectations in the third quarter and anticipates a semiconductor market recovery in the next year. Net income dro

Samsung Electronics exceeded profit expectations in the third quarter and anticipates a semiconductor market recovery in the next year. Net income dropped 40% to 5.5 trillion won $4.1 billion in the September quarter, outperforming analyst estimates of 2.52 trillion won. This marks an improvement from the 86% decline in the previous quarter. The memory chip market, valued at $160 billion, faced challenges due to reduced demand for smartphones and PCs, impacting Samsung and competitor SK Hynix. Lower chip prices and reduced investments in new capacity by chipmakers contributed to this. Samsung expects memory chip prices to rise in the fourth quarter and predicts growing demand driven by artificial intelligence applications. Read More..

B2B Tech News | 1 years ago          

UK Retailers Risk Survival as Annual IT Investment Gap Hits £22 Billion

The retail industry is facing a significant annual technology investment gap that could exceed £22 billion, posing a threat to both shortterm retail

The retail industry is facing a significant annual technology investment gap that could exceed £22 billion, posing a threat to both shortterm retail performance and longterm survival, according to the KPMG/RetailNext Think Tank RTT. The think tank recommends that multichannel retailers allocate 48% of their annual revenue to technology, but most currently only invest 1.53%. With retail revenues projected at £441 billion in 2022, this could result in an investment gap of over £22 billion. The RTT warns that underinvestment in technology is happening at a time when the retail sectors viability is being questioned. Retailers failing to adapt may face business closure. Read More..

B2B Tech News | 1 years 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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