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Elon Musk Contemplates Twitter Exit Amidst EU Regulations

The owner of social media behemoth X, Elon Musk, is considering kicking the oncenamed Twitter service out of Europe. This judgement is a reaction to t

The owner of social media behemoth X, Elon Musk, is considering kicking the oncenamed Twitter service out of Europe. This judgement is a reaction to the Digital Services Act DSA, which the European Union recently adopted in August. To stop the spread of dangerous content and usertargeting tactics, the DSA places restrictions on digital platforms. Musk has talked about taking the app offline in the area or preventing users in the EU from using it. There is uncertainty regarding the platforms future in Europe as X has yet to reply to requests for comment. Read More..

B2B Tech News | 1 years ago          

Meta Platforms Unveils GameChanging Broadcast Channels

Broadcast channels will be added to Facebook and Messenger by Meta Platforms previously Facebook, enabling the public dissemination of user messages.

Broadcast channels will be added to Facebook and Messenger by Meta Platforms previously Facebook, enabling the public dissemination of user messages. This action is a component of initiatives to improve user interaction and contend in the fiercely competitive internet market. It comes after an analogous feature rollout on Instagram and WhatsApp Channels, currently accessible in more than 150 countries. This discovery occurred when the competing messaging service Telegrams broadcast channels greatly aided communication during the IsraelHamas conflict. With intentions to launch the feature in the upcoming weeks, Meta is now testing it for Pages. Read More..

B2B Tech News | 1 years ago          

Oracles NetSuite Revolutionizes Finance with AI Text Enhancement

Under Oracles ownership, NetSuite integrates generative AI into its finance software to enable automated processes like creating collections letters a

Under Oracles ownership, NetSuite integrates generative AI into its finance software to enable automated processes like creating collections letters and controlling back ordered supplier purchases. This "Text Enhance" function uses AIs capacity to read and produce text that resembles a humans, depending on prompts. It seeks to simplify financial department work by automatically generating emails using information from NetSuites systems, such as unpaid balances, pastdue payments, and reminders of upcoming discounts. It may also analyse financial data to provide reports and summaries, increasing efficiency without replacing jobs. Over six months, these capabilities will be introduced, and higher usage levels may result in increased expenses. Read More..

B2B Tech News | 1 years ago          

Singapore Regulators Investigate Credit Suisse Wealth Monitoring

A local branch of Credit Suisse will be the subject of an onsite examination by the Monetary Authority of Singapore MAS to examine how it handles the

A local branch of Credit Suisse will be the subject of an onsite examination by the Monetary Authority of Singapore MAS to examine how it handles the surveillance of wealthy clients. This action comes after ten foreign nationals were detained in Singapore in a big money laundering case involving $2 billion worth of assets. In the upcoming weeks, MAS officials will analyse papers and interview bank employees from Credit Suisse and other institutions. An inquiry has been conducted to guarantee adequate compliance and adherence to regulations. MAS and Credit Suisse still need to provide comments on the subject. This demonstrates the increasing scrutiny of the banking industry. Read More..

B2B Tech News | 1 years ago          

Arkansas Orders Sale of ChineseOwned Farmland Over Security Concerns

Because Syngenta is a multinational seed company with Chinese ownership, Arkansas has ordered the company to sell 160 acres of American property withi

Because Syngenta is a multinational seed company with Chinese ownership, Arkansas has ordered the company to sell 160 acres of American property within the next two years. With this action, a new state rule that prohibits some foreign corporations from holding land has been enforced for the first time. China, subject to American arms export restrictions, is one of the forbidden nations. Syngenta expressed displeasure while reiterating its ongoing dedication to Arkansas and agricultural research for American farmers. As of the end of 2021, foreign entities owned an interest in 3.1% of privately held agricultural land in the United States, reflecting the increased scrutiny of foreign land ownership. Read More..

B2B Tech News | 1 years ago          

Microsoft Nets $1 Billion Deal with Amazon for Cloud Tools

According to Insider, Microsoft is about to close a significant agreement with Amazon for its over $1 billion cloud productivity products. Over five y

According to Insider, Microsoft is about to close a significant agreement with Amazon for its over $1 billion cloud productivity products. Over five years, Amazon will agree to pay this amount in exchange for more than one million Microsoft 365 licence seats. Following this report, the IT giants shares increased by about 1% in afterhours trade. Amazon intends to switch from its existing use of a local, onpremise version of Microsofts Office products to these new platforms in November. This event, which indicates a significant shift in cloud services and corporate collaboration, has yet to be mentioned by both corporations. Read More..

B2B Tech News | 1 years ago          

Johnson & Johnson Overhauls Orthopedics Unit After Q3 Sales Slump

Following the separation of its consumer health sector, Johnson & Johnson J&J has started a twoyear reorganisation exercise for its orthopaedics divis

Following the separation of its consumer health sector, Johnson & Johnson J&J has started a twoyear reorganisation exercise for its orthopaedics division due to weak Q3 medical device sales. The business will stop selling some orthopaedic items and withdraw from some markets. This change may put further pressure on J&Js pharmaceutical division to meet its $57 billion medicine sales target by 2025 if biosimilar versions of the companys very successful psoriasis treatment Stelara become available. The pharmaceutical industry reported solid sales despite the struggling medical device section, and J&J increased its annual profit prediction. However, Stelara sales in Europe could fall after a crucial patent expires. Read More..

B2B Tech News | 1 years ago          

DLink Admits Data Breach, Old System Data Exposed

DLink, a manufacturer of networking hardware in Taiwan, acknowledges a data breach that exposed nonsensitive data coming from an outdated system. This

DLink, a manufacturer of networking hardware in Taiwan, acknowledges a data breach that exposed nonsensitive data coming from an outdated system. This comes a few weeks after allegations of a significant data breach impacting government employees and the source code of DLinks software. DLink disputes the size of the incident, claiming that just 700 outofdate documents were affected. Login timestamps may have been altered to appear more current, leading to suspicion. DLink increased security measures after learning that the intrusion happened due to one of its employees falling victim to a phishing scam. Current active clients are not anticipated to be impacted by the event. Trend Micro, a cybersecurity company, is looking into it. 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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