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Metas "Broadcast Channels" Expands Reach to Facebook and Messenger

Mark Zuckerberg, CEO of Meta, is bringing the "broadcast channels" feature to Facebook and Messenger, after its rollout on Instagram and WhatsApp. Thi

Mark Zuckerberg, CEO of Meta, is bringing the "broadcast channels" feature to Facebook and Messenger, after its rollout on Instagram and WhatsApp. This feature will be available in the coming weeks, allowing Pages to share voice notes, text, photos/videos, and GIFs with their audience. It enables direct interaction between creators/public figures and their followers. Users with a Facebook Page can easily create a channel, and followers will receive notifications for new messages. Read More..

B2B Tech News | 1 years ago          

Amazons New MK30 Drones to Revolutionize International Package Delivery

Amazon is expanding its Prime Air drone delivery service to the UK, Italy, and an undisclosed US city by late 2024. They are introducing the MK30 dron

Amazon is expanding its Prime Air drone delivery service to the UK, Italy, and an undisclosed US city by late 2024. They are introducing the MK30 drone, which can fly farther and in diverse weather conditions. Instead of standalone delivery centers, drones will now work alongside traditional delivery vehicles. Amazon has worked with regulators and communities to ensure safety. This expansion aims to offer faster, more efficient delivery options for customers with a wide range of eligible products. Read More..

B2B Tech News | 1 years ago          

Wall Street Titans Voice Concerns Over Global Economy in Saudi Arabia

Leading Wall Street financiers voiced their dismal outlook for the world economy at the Future Investment Initiative, a significant conference held in

Leading Wall Street financiers voiced their dismal outlook for the world economy at the Future Investment Initiative, a significant conference held in Saudi Arabia. Typically, this is a chance to network and pursue business opportunities with Saudi Arabias largest corporations and sovereign wealth fund. But the main topic of conversation was the bloody war between Israel and Hamas, with some financiers advising Saudi Arabia to press forward with its attempts to build formal diplomatic ties with Israel in spite of the recent developments. The war was seen as posing a serious geopolitical risk to global trade. The economic effects of ongoing wars and record debts, as well as artificial intelligence and rising interest rates, were also highlighted by financial leaders. Read More..

B2B Tech News | 1 years ago          

Deutsche Banks Q3 Profits Drop 8%, Beats Expectations

Exceeding analysts predictions, Deutsche Bank revealed a shocking 8% decline in thirdquarter profit. Investment bank revenue plummeted, although growt

Exceeding analysts predictions, Deutsche Bank revealed a shocking 8% decline in thirdquarter profit. Investment bank revenue plummeted, although growth was observed in the retail and corporate divisions as a result of rising interest rates. Motivated by better performance from its retail segment, the bank raised its fullyear revenue expectation to €29 billion, which is the upper half of its projection range. It was the 13th consecutive profitable quarter, demonstrating steady growth and cost discipline, despite the decline in earnings. For the entire year, Deutsche Banks retail division is anticipated to surpass the investment bank in terms of revenue generation. Revenue from investment banking decreased by 4%, exceeding forecasts. Read More..

B2B Tech News | 1 years ago          

Economic Hurdles Clip OVHclouds Wings

The continued instability of the financial environment is expected to cause French cloud services operator OVHcloud to predict a fall in organic growt

The continued instability of the financial environment is expected to cause French cloud services operator OVHcloud to predict a fall in organic growth for the upcoming fiscal year. The corporation projects an 11–13% increase in revenue for the 2024 fiscal year, falling short of analysts’ projections of a 14.7% fullyear revenue gain. Cloud operations account for more than 80% of OVHclouds income. The company reported that its performance in the most recent fiscal year, which saw a 13.4% increase in revenue to 897 million euros—just below analyst estimates of 899.8 million euros—was attributed to ongoing economic issues in North America. Read More..

B2B Tech News | 1 years ago          

Siemens Stock Soars Amid Legal GST Clash

Following a fiveday decrease, Siemens Ltds shares saw a 1% increase to Rs 3,442 on October 25. This was in response to the companys writ appeal, which

Following a fiveday decrease, Siemens Ltds shares saw a 1% increase to Rs 3,442 on October 25. This was in response to the companys writ appeal, which it filed with the Bombay High Court to challenge a showcause notice SCN under the CGST Act, 2017. The SCN concerns leasehold interests in Mumbai land and freehold interests in buildings concerning GST levies the total possible tax and interest consequences come to Rs 245.9 crore. The State of Maharashtra, the Department of Revenue, and the Ministry of Finance are parties to the legal battle. Siemens stated that it was confident in its defence, although, on the NSE, its shares had just dropped by over 8%. Read More..

B2B Tech News | 1 years ago          

BlockFi Emerges Strong As Crypto Lenders Comeback After FTX Turmoil

After experiencing turmoil related to the collapse of FTX, BlockFi, the cryptocurrency lender, has declared bankruptcy and announced plans to wind dow

After experiencing turmoil related to the collapse of FTX, BlockFi, the cryptocurrency lender, has declared bankruptcy and announced plans to wind down its operations and restore assets to consumers. To increase customer recovery, the New Jerseybased company plans to pursue further payments from insolvent cryptocurrency companies such as FTX and Three Arrows Capital. Interestbearing Earn account holders are expected to get back anything from 39.4% to 100% of their initial investment. Part of BlockFis problems stemmed from loans to Alameda, FTXs sibling company. Sam BankmanFried, the creator of FTX, is presently facing a fraud trial. Scarcity of collateral presented difficulties for cryptocurrency lenders, who prospered throughout the pandemic. Read More..

B2B Tech News | 1 years ago          

Qualcomms GameChanging Chip to Challenge Apple Macs in AI Performance

Details on Qualcomms Snapdragon Elite X chip, which is intended to beat Apples Mac chips in specific workloads, were made public for Windowsbased lapt

Details on Qualcomms Snapdragon Elite X chip, which is intended to beat Apples Mac chips in specific workloads, were made public for Windowsbased laptops. The new chip is designed to handle AI activities such as text authoring, image generation, and email summary. It will be ready in the upcoming year. According to Microsoft CEO Satya Nadella, these chips will bring forth a new era of "AI PCs" for individuals and enterprises alike. The Snapdragon Elite X, according to Qualcomm, is faster and uses less energy than Intel PC CPUs and Apples M2 Max. Demand for laptops with AI capabilities is predicted to increase with the rise of AIgenerated content, which includes beer labels and real estate brochures. 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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