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Panasonic Trims Battery Output as EV Sales Hit a Speed Bump

Due to a global slowdown in sales of electric vehicles EVs, Panasonic Holdings, a supplier to Tesla, reduced car battery output in Japan during the Se

Due to a global slowdown in sales of electric vehicles EVs, Panasonic Holdings, a supplier to Tesla, reduced car battery output in Japan during the September quarter. Additionally, the business cut its 15% annual profit projection for its battery division. Similar cautions regarding slower growth in significant markets like China and Europe have been made by several automakers and suppliers. Panasonic acknowledged the effect of the U.S. Inflation Reduction Act on consumer demand in addition to citing sluggish sales of highend EVs in North America as contributing factors. Panasonic maintains steady production in North America and strong sales of automobiles qualified for tax credits despite the difficulties in the battery industry. Read More..

B2B Tech News | 1 years ago          

CISA Invites Public Input to Boost Software Security

As part of ongoing efforts to improve software supply chain security, the Cybersecurity and Infrastructure Security Agency CISA has asked for public f

As part of ongoing efforts to improve software supply chain security, the Cybersecurity and Infrastructure Security Agency CISA has asked for public feedback on developing a harmonised method for software identification. Since President Joe Bidens 2021 executive order on cybersecurity, CISA and other federal agencies have been attempting to enhance software security. The purpose of this request for comments is to establish consistent guidelines for monitoring critical data, such as known vulnerabilities, accessible security patches, and authorised software usage, to improve software security. To enable increased automation, visibility, and wider use of software bill of materials, CISA seeks to create a more resilient software identifier ecosystem. Read More..

B2B Tech News | 1 years ago          

AI Safety Takes Center Stage with Bidens Executive Order

The president of the United States, Joe Biden, is scheduled to present an executive order that will address the safety issues surrounding artificial i

The president of the United States, Joe Biden, is scheduled to present an executive order that will address the safety issues surrounding artificial intelligence AI and protect customers, employees, and underrepresented groups from possible harm. Under this directive, creators of AI systems that could endanger the economy, public health, or national security will have to provide the U.S. government with the findings of their safety testing. It also requires the management of associated hazards, such as those about chemicals, biological, radiological, nuclear, and cybersecurity, and the creation of standards for these tests. The directive also highlights the necessity of transparent government communications by creating guidelines for watermarking and authenticating content produced by artificial intelligence. Read More..

B2B Tech News | 1 years ago          

Bridging Innovation China and UK AI Minds Meet at the Global AI Summit

Wu Zhaohui, Chinas vice minister of science and technology, is scheduled to attend the UKhosted international conference on artificial intelligence. T

Wu Zhaohui, Chinas vice minister of science and technology, is scheduled to attend the UKhosted international conference on artificial intelligence. The goal of the summit, which is set for November 12, is to explore the hazards connected with AI technology and create a worldwide agreement on its safe development by bringing together experts, political leaders, and representatives from AI firms. This involvement comes after the UK invited China to the summit, signifying improving ties between the two countries. Its a component of the UKs larger initiative to fortify relations with China and encourage collaboration in several fields, including AI. Read More..

B2B Tech News | 1 years ago          

11Point Pledge EU and G7 Shape AI Safety Standards

The European Union and the Group of Seven G7 nations are planning to create an optional code of conduct for businesses creating cuttingedge AI systems

The European Union and the Group of Seven G7 nations are planning to create an optional code of conduct for businesses creating cuttingedge AI systems. The 11point guideline addresses privacy issues and security threats while promoting safe, secure, and reliable AI. It encourages businesses to take action to resolve incidents and usage patterns as well as to detect, assess, and mitigate risks throughout the AI lifecycle. The code also suggests investing in strong security measures and making public reports on the capabilities, constraints, applications, and abuse of AI systems. In terms of governing AI technology, the EU has taken the lead. Read More..

B2B Tech News | 1 years ago          

Beijing Celebrates 10 Years of Belt and Road Initiative

World leaders convened in Beijing this week to commemorate the tenth anniversary of Chinas 2013 launch of the enormous infrastructural and economic de

World leaders convened in Beijing this week to commemorate the tenth anniversary of Chinas 2013 launch of the enormous infrastructural and economic development project known as the Belt and Road Initiative BRI. It was declared by President Xi Jinping that China would set aside more than $100 billion to finance infrastructure. Although there were rumours that the Belt and Road Initiative BRI was losing traction, analysts contend that China is revamping the programme. Because of President Hichilemas probusiness approach, Chinese investment in Zambia has increased, particularly in the mining, industrial, and agricultural sectors. In the meanwhile, despite sluggish economic growth, it is predicted that African fintech companies will grow dramatically, reaching $65 billion by 2030. Read More..

B2B Tech News | 1 years ago          

Bank of Ireland Hikes Mortgage Rates Amid ECB Moves

For the first time since the European Central Bank started hiking interest rates in July 2022, the Bank of Ireland is lifting its variable mortgage ra

For the first time since the European Central Bank started hiking interest rates in July 2022, the Bank of Ireland is lifting its variable mortgage rates by 0.25%. Approximately 30,000 persons, or 10% of Bank of Irelands mortgage customers, have variable rates. With this action, the Bank of Ireland hopes to offset some of the 4.5% interest rate rises that the European Central Bank has implemented thus far. With or without additional ECB rate hikes, rate comparison website and mortgage broker Bonkers. ie forecasts more rate increases from Irish lenders in the upcoming months, as Irish banks still need to pass on prior rate increases Read More..

B2B Tech News | 1 years ago          

Huaweis Honor Deal Pays Off with Profit Surge

For the first three quarters of 2023, Huawei Technologies recorded a 2.4% increase in revenue, which came to 456.6 billion yuan $62.4 billion. In spit

For the first three quarters of 2023, Huawei Technologies recorded a 2.4% increase in revenue, which came to 456.6 billion yuan $62.4 billion. In spite of this slight increase in revenue, the companys profits increased significantly by 177.8% to 73.05 billion yuan. Payments for the 2020 sale of Huaweis Honour smartphone division as well as advancements in management and sales tactics were cited as the reasons for the sharp increase in earnings. The launch of the Mate 60 series helped Huaweis smartphone sales increase during the third quarter. The companys cloud and digital power segments, along with its car parts division, all helped to boost sales. Read More..

B2B Tech News | 1 years 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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