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Toshiba after a 74year presence poised to exit the stock market

After 74 years on the stock market, iconic Japanese company Toshiba is going private. A consortium led by Japan Industrial Partners JIP now holds a co

After 74 years on the stock market, iconic Japanese company Toshiba is going private. A consortium led by Japan Industrial Partners JIP now holds a controlling 78.65% stake, surpassing the twothirds threshold needed for a $14 billion buyout. Toshiba, founded in 1875 as a telegraph equipment manufacturer, is set to cease public trading by yearend. CEO Taro Shimada views this change as a significant move toward a new future. The company, renowned for its diverse divisions, from consumer electronics to nuclear power, once symbolized Japans postWorld War II recovery and technological innovation, even pioneering one of the first widely available laptops in 1985. Read More..

B2B Tech News | 1 years ago          

OpenAIs DallE 3 Integration with ChatGPT Unleashes a New Era of AIPowered Creativity

DallE 3 will be offered to ChatGPT Plus and ChatGPT Enterprise members for the first time. Both are paid versions of ChatGPT that run on the most rece

DallE 3 will be offered to ChatGPT Plus and ChatGPT Enterprise members for the first time. Both are paid versions of ChatGPT that run on the most recent and powerful GPT4 llm. DallE 3 will be accessible to ChatGPT Plus and ChatGPT Enterprise subscribers next month. Following that, an API service will be implemented. OpenAI has not yet commented on the possibility of a free public version. DALLE 3 understands far more complexity and detail than prior systems, allowing you to effortlessly transfer your thoughts into extremely precise graphics. Because DallE 3 is built on ChatGPT, customers may rely on the AI chatbot to improve and detail their directions. Read More..

B2B Tech News | 1 years ago          

Santanders New Frontiers Investing in Consumer and Retail Businesses

The new Retail and Commercial unit, as well as the Digital Consumer Bank, will complement Santanders existing global activities in Corporate and Inves

The new Retail and Commercial unit, as well as the Digital Consumer Bank, will complement Santanders existing global activities in Corporate and Investment Banking, Wealth Management, Insurance, and Payments. The restructure is aimed at helping the business in achieving its objectives stated at its Investor Day in February, which include adding 40 million subscribers by 2025 and improving its return on tangible equity to 1517%. The new Retail and Commercial unit, as well as the Digital Consumer Bank, will complement Santanders existing global activities in Corporate and Investment Banking, Wealth Management, Insurance, and Payments. As it strives to build its investment banking business, the bank is profiting from rising interest rates in Europe. Read More..

B2B Tech News | 1 years ago          

Visa and Swift come together to make B2B transactions easier

Visa and Swift have launched a partnership to streamline international B2B payments. The collaboration aims to give businesses in finance and their cl

Visa and Swift have launched a partnership to streamline international B2B payments. The collaboration aims to give businesses in finance and their clients greater options, speed, and transparency when transmitting money across borders. Swift is a worldwide memberowned cooperative that securely links over 11,500 organisations, whereas Visa is a global leader in digital payments, linking consumers, merchants, financial institutions, and government agencies in more than 200 nations and territories. Visa will move its connection to Swift using Alliance Cloud, a secure cloudbased route for connecting to Swifts network, according to the announcement. This change will allow financial institutions on both networks to provide their business clients with new routing alternatives, as well as realtime status and updates. Read More..

B2B Tech News | 1 years ago          

United States records a whopping $33 trillion in national debt

The United States national debt surpassed $33 trillion for the first time in history, less than two weeks before the federal government faces the poss

The United States national debt surpassed $33 trillion for the first time in history, less than two weeks before the federal government faces the possibility of shutting down due to a lack of budgetary authorization. The debt is at the heart of a standoff in Congress on a budget measure that would keep the government running until the next financing cycle. According to the government, an approximately 50% rise in federal expenditure between financial year 2019 and financial year 2021 contributed to the debt exceeding $33 trillion. The United States will experience its first federal government shutdown since 2019. Read More..

B2B Tech News | 1 years ago          

India builds its own solar modules Chinese imports drop down by 76%

After 2022, Indias reliance on China for solar module imports will be significantly reduced, with domestic production already beginning to ramp up a

After 2022, Indias reliance on China for solar module imports will be significantly reduced, with domestic production already beginning to ramp up as a result of recent governmental measures. Domestic solar module manufacturing capacity in India has increased, along with the quantity of Chinese cells combined locally into solar panels, with India being the 2nd largest market for exported solar power cells after Turkey. In the first half of 2023, India becomes the only nation in the globe to reduce its reliance on solar equipment imports from China, which generates around eight out of every ten solar panels sold worldwide. Read More..

B2B Tech News | 1 years ago          

Meta Unveils ‘WhatsApp Flows’ A B2B Chat GameChanger

Whatsapp Flows is a tool that allows businesses to create customised interactions within chat threads. Businesses may specify particular actions and a

Whatsapp Flows is a tool that allows businesses to create customised interactions within chat threads. Businesses may specify particular actions and automate certain operations for clients from within the chat interface using Flows. Customers will be able to pay firms without leaving the chat by using the payment method of their choice on Metas messaging service. While no information on its integration with WhatsApps UPI payment feature was disclosed, this function is currently available in Brazil and Singapore. Meta also announced the launch of Meta Verified, its premium verification badge, on WhatsApp. Customers will be able to verify the legitimacy of businesses with this emblem. Read More..

B2B Tech News | 1 years ago          

Data Dilemma Microsoft AI Researcher Unintentionally Unleashes 38TB of Private Information onto the Web

A faulty connection accidently exposed 38TB of Microsoft data, allowing malicious code to be injected into its AI models. A Microsoft employee had bui

A faulty connection accidently exposed 38TB of Microsoft data, allowing malicious code to be injected into its AI models. A Microsoft employee had built a URL on the compromised GitHub website, allowing users to the software repository to download AI models from an Azure storage container. The URL provided access to more than just the opensource model. It was set up to offer rights to the whole storage account, accidentally exposing extra private data. The link also granted full permission to allow the user to edit the contents of the account which included the passwords and profiles of two former Microsoft employees and nearly 1000+ Teams messages from their colleagues. After an investigation in the matter however, the company concluded and released a statement stating that none of the data leak would affect the clients or customers negatively. 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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