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French IT Firm Atos Keeps Steady Amid Sales Decline

The French IT company Atos saw a more than 5% increase in its shares after maintaining its yearly outlook in spite of losses in its IT division. The c

The French IT company Atos saw a more than 5% increase in its shares after maintaining its yearly outlook in spite of losses in its IT division. The companys thirdquarter organic sales decreased by 3% as a result of a 7.2% decline in Tech Foundations, which is the IT sector it is in talks to sell to Czech billionaire Daniel Kretinsky for €2 billion. Eviden, the remaining company, experienced 2.3% organic growth. Atos restated its operating profit and organic sales goals for the entire year. The proposed agreement might give Kretinsky a 7.5% share in Atos assets that the French government considers strategically important. Read More..

B2B Tech News | 1 years ago          

Critical Vulnerability in Mirth Connect Sparks Urgent Update

An unauthenticated remote code execution vulnerability CVE202343208 has prompted users of the opensource healthcare data integration platform Mirth Co

An unauthenticated remote code execution vulnerability CVE202343208 has prompted users of the opensource healthcare data integration platform Mirth Connect to update to version 4.4.1. This vulnerability impacts versions from 2015–2016 and gives hackers access to healthcare data. Moreover, it gets around a previous serious flaw CVE202337679 that allowed the hosting server to run arbitrary commands. Every instance of Mirth Connect is susceptible, regardless of the Java version. It is imperative to update to the most recent version in order to minimise potential risks to sensitive healthcare data, particularly for systems that are open to the public. Read More..

B2B Tech News | 1 years ago          

Chinas Tech Independence Drive Gains Momentum

Restrictions on hightech exports from Western nations, mainly the United States, have led to China stepping up its attempts to replace Westernmade tec

Restrictions on hightech exports from Western nations, mainly the United States, have led to China stepping up its attempts to replace Westernmade technology with domestic equivalents, especially in the telecom and computer equipment sectors. In an effort to strengthen cybersecurity and lessen reliance on foreign technology, the nation has raised spending in the year following September 2022, state bids will double to 235. Even though China has come a long way, especially with the help of businesses like Huawei, it is still difficult to completely replace technology manufactured elsewhere, especially sophisticated chips. This action is consistent with Chinas overarching plan to increase domestic technology output and decrease dependency on imports from the West. Read More..

B2B Tech News | 1 years ago          

Rishi Sunak Pioneers a Global Movement for AI Safety

UK Prime Minister Rishi Sunak announced the establishment of the worlds first AI safety institute ahead of a global summit aimed at addressing AI risk

UK Prime Minister Rishi Sunak announced the establishment of the worlds first AI safety institute ahead of a global summit aimed at addressing AI risks. The institute will evaluate and test new AI models to understand their capabilities and potential risks, including bias and misinformation. The summit, to be held on Nov. 12 at Bletchley Park, will bring together AI companies, political leaders, and experts to build international consensus on AIs safe development. Sunak aims for the UK to be a global leader in AI safety, positioning the country between the US, China, and the EU in the AI landscape. Read More..

B2B Tech News | 1 years ago          

Elon Musks X Platform Takes a Leap with Video and Audio Calling

Select users will soon have access to early video and voice calling services on X, the social media network that was once known as Twitter, thanks to

Select users will soon have access to early video and voice calling services on X, the social media network that was once known as Twitter, thanks to the ownership and CTO, Elon Musk. This action is consistent with Musks goal of making X a complete "everything app." The release was referred to in Musks platform post as an "Early version of video & audio calling on X." This move comes after several updates and additions made to the platform after Musk bought it. Peertopeer payments, social networking, messaging, and other services are all included in the superapp concept. The new calling features, which operate with iOS, Android, and PCs, wont need a phone number. Read More..

B2B Tech News | 1 years ago          

Arceliks Purchase of Whirlpools European Unit Gets EU Antitrust Approval

EU antitrust regulators have approved Turkish appliance manufacturer Arceliks acquisition of Whirlpools European domestic appliances division. The Eur

EU antitrust regulators have approved Turkish appliance manufacturer Arceliks acquisition of Whirlpools European domestic appliances division. The European Commission found no competition concerns, noting the presence of alternative suppliers in the regions where both companies operate. The agreement, announced in January, involves establishing a new entity composed of Arceliks European units and Whirlpools European business. Arcelik will hold a 75% stake, with Whirlpool owning the remaining 25%. The UKs antitrust regulator is conducting an indepth investigation into the deal, as the new entity would become the UKs largest single supplier of household appliances, worth over £3.8 billion. Read More..

B2B Tech News | 1 years ago          

Southwest Slows Capacity Growth for 2024 Due to Changing Travel Patterns

Southwest Airlines has decided to slow down its capacity growth in response to changing travel demand patterns, moving closer to prepandemic norms. In

Southwest Airlines has decided to slow down its capacity growth in response to changing travel demand patterns, moving closer to prepandemic norms. In the first quarter of 2024, they will increase flying by 1012%, down from the previously expected 16% growth. For the full year 2024, Southwest aims for 68% growth. Airlines had been increasing capacity this year, but travelers are now returning to traditional booking habits, often during peak vacation times, leading to lower airfares. Last year, challenges like offpeak travel and aircraft shortages had kept fares high. Read More..

B2B Tech News | 1 years ago          

Q3 Insights Indian Tech Adapts to Generative AI, Navigates Challenges

In Q3 this year, the Indian tech sector saw 87 deals worth $1.4 billion, marking a 40% value increase from the previous quarter, despite a 13% decline

In Q3 this year, the Indian tech sector saw 87 deals worth $1.4 billion, marking a 40% value increase from the previous quarter, despite a 13% decline in deal quantity. Generative AI is becoming more prominent, transforming the industry as major tech firms adopt it for increased efficiency across various sectors, as per a Grant Thornton Bharat report. Raja Lahiri, Partner and Technology Sector Leader at Grant Thornton Bharat, suggested that the tech industry needs to reconsider its investment strategies due to an 88% decrease in deal values compared to the prior year. He stressed the significance of innovation in areas such as spacetech, SaaS, AI, and cloud to navigate the evolving landscape. 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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