Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

Middle East and North Africa Set for Economic Recovery, But 2024 Growth Downgraded to 2.1%

The substantial increase in the value of its gold assets, which produced a profit of 4.41 billion francs, was a significant factor in the Swiss Nation

The substantial increase in the value of its gold assets, which produced a profit of 4.41 billion francs, was a significant factor in the Swiss National Banks SNB announced thirdquarter profit of 5.67 billion Swiss francs $6.55 billion. World political unpredictability and demand for haven assets, fuelled by the recent interest rate decrease by the U.S. Federal Reserve, have caused gold prices to soar by more than 31% this year. The SNB also made 3.08 billion francs from its sizeable foreign exchange assets, supported by growing stock market valuations, especially from investments in firms like Apple and Nvidia. Thanks to this quarters result, SNBs ninemonth profit increased to 62.5 billion francs, which contrasts sharply with the previous years 12 billion franc deficit. Read More..

B2B Tech News | 2 months ago          

Swiss National Bank Reports $6.55 Billion Profit, Boosted by Gold Holdings Surge

The substantial rise in the value of its gold assets, which produced a profit of 4.41 billion francs, was a significant factor in the Swiss National B

The substantial rise in the value of its gold assets, which produced a profit of 4.41 billion francs, was a significant factor in the Swiss National Banks SNB announced thirdquarter profit of 5.67 billion Swiss francs $6.55 billion. Global political unpredictability and demand for haven assets, fuelled by the recent interest rate decrease by the U.S. Federal Reserve, have caused gold prices to soar by more than 31% this year. Rising stock market valuations, especially from investments in firms like Apple and Nvidia, helped the SNB gain 3.08 billion francs from its substantial foreign exchange assets. The SNBs ninemonth profit increased to 62.5 billion francs thanks to this quarters result, which contrasts sharply with the previous years 12 billion franc deficit. Read More..

B2B Tech News | 2 months ago          

STMicroelectronics Lowers FullYear Revenue Forecast Amid Weak Customer Demand

The largest chipmaker in Europe, STMicroelectronics, reported a lowerthanexpected fullyear revenue estimate of $13.27 billion, the lower end of its ea

The largest chipmaker in Europe, STMicroelectronics, reported a lowerthanexpected fullyear revenue estimate of $13.27 billion, the lower end of its earlier range of $13.2 billion to $13.7 billion. This is the third time this year that its forecast has been reduced. With a revenue reduction from Q4 2024 to Q1 2025 that surpasses average seasonal trends, the business ascribed this adjustment to weak client demand and order backlogs. Customer order reductions brought on by excessive inventory levels associated with dwindling automobile demand also pose problems for the automotive semiconductor industry, including firms like Texas Instruments and Melexis. For the year, analysts projected sales to be at $13.26 billion. Read More..

B2B Tech News | 2 months ago          

Microsoft Earnings Show Increased AI Investment Amid Azure Cloud Growth Slowdown

Afterhours share prices fell 3.6% due to Microsofts recent earnings release, which showed a slowdown in Azure cloud growth but increased investment in

Afterhours share prices fell 3.6% due to Microsofts recent earnings release, which showed a slowdown in Azure cloud growth but increased investment in artificial intelligence AI. While the companys firstquarter sales and earnings topped Wall Streets estimates, it predicted somewhat lower secondquarter Azure growth of 3132%. Capacity issues will continue until the second part of the fiscal year, even though AI has greatly aided Azures expansion. Investors began to worry about cash flow and margins after Microsofts capital expenditures increased 5.3% to $20 billion. On the other hand, Google revealed a 35% rise in cloud income due to AI, underscoring the difficulties of competition in the technology industry. Read More..

B2B Tech News | 2 months ago          

HyperOS 2 Launches with AI Features, HyperCore Technology, and Revamped User Experience

HyperOS 2 was introduced, the newest operating system for Xiaomis smartphones, smartwatches, and smart TVs. HyperOS 2, which builds on the initial Hyp

HyperOS 2 was introduced, the newest operating system for Xiaomis smartphones, smartwatches, and smart TVs. HyperOS 2, which builds on the initial HyperOS released in October 2023, has the new HyperCore technology, improving security, network capabilities, performance, and graphics. It uses artificial intelligence to create wallpaper and translate text in realtime. Updating previous models gradually until early 2025, the OS will debut on devices such as the Xiaomi 15 and the Pad 7 series. A redesigned desktop interface, seamless transitions, improved connection within the Xiaomi ecosystem, and a collection of AI tools for deepfake prevention and personalised experiences are some of the key features. Read More..

B2B Tech News | 2 months ago          

GitHub Copilot Adds MultiModel Support, Expands AI Options with Anthropic, Google, and OpenAI

Copilot, GitHubs AI coding assistance, received a significant update at GitHub Universe 2024. It now supports several models, allowing developers to s

Copilot, GitHubs AI coding assistance, received a significant update at GitHub Universe 2024. It now supports several models, allowing developers to select among Anthropic, Google, and OpenAI models according to project requirements. While Googles Gemini 1.5 Pro is on the horizon, new models like Anthropics Claude 3.5 Sonnet are now available. GitHub Spark, a tool that lets developers construct "sparks," or tiny programs, using straightforward language prompts, was also released by GitHub. These sparks may be used on various devices and eliminate cloud server requirements by integrating AI capabilities and data sources. With support for both Anthropic and OpenAI models, GitHub Spark gives developers more freedom when creating and customising micro apps, facilitating cooperation and creativity. Read More..

B2B Tech News | 2 months ago          

LinkedIn Debuts AIPowered Hiring Assistant to Streamline Recruitment Process

The Hiring Assistant, LinkedIns first artificial intelligence agent, was created to automate crucial hiring steps and expedite hiring. This AI solutio

The Hiring Assistant, LinkedIns first artificial intelligence agent, was created to automate crucial hiring steps and expedite hiring. This AI solution, which was first made available to a limited number of corporate clients, compiles lists of qualified candidates, starts outreach and responds to frequently asked questions by candidates. It also offers proactive updates and suggestions to help recruiters manage the employment pipeline. By taking over timeconsuming duties, the hiring assistant hopes to free up professionals to concentrate on strategic responsibilities like advising managers and creating a positive applicant experience. Presently accessible to businesses such as AMD and Canva, LinkedIn intends to make it available to all LinkedIn Recruiter enterprise users eventually. Read More..

B2B Tech News | 2 months ago          

Google Play Store to Introduce AI Chatbot Feature for Enhanced App Discovery

Google is creating a new AIpowered "Ask a Question" feature for the Play Store to improve app discovery and offer customised app information. Users ca

Google is creating a new AIpowered "Ask a Question" feature for the Play Store to improve app discovery and offer customised app information. Users can ask questions about particular app information immediately on app listing or results pages thanks to the functionality found in the most recent Google Play Store code version 43.3.3231. After AIpowered FAQs and AIgenerated review summaries, this would be Google Plays third AI feature. This upgrade may expedite app discovery by enabling users to pose specific queries, providing a more engaging experience in the Play Stores user interface, even if the release date is unknown. Read More..

B2B Tech News | 2 months ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   4009   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   2762   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   3042   

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.
   3232   

5.  Approximately 8 billion gadgets connect on the internet every day.
   4232   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.