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GSAT20 Indias ISRO Chooses SpaceX for Launch to Boost Broadband Connectivity

Indias space agency announced a collaboration with SpaceX to launch a communications satellite through its commercial arm, NewSpace India Ltd NSIL. GS

Indias space agency announced a collaboration with SpaceX to launch a communications satellite through its commercial arm, NewSpace India Ltd NSIL. GSAT20 is a highcapacity satellite designed to improve broadband connectivity in India, especially in rural and isolated areas. The Falcon 9 rocket from SpaceX will be used for the launch, slated for the second quarter of this year. With a weight of 4,700 kg, the GSAT20 satellite weighs more than the existing record of 4,000 kg set by Indias ISRO space agency for spacecraft launches. With this alliance, Elon Musks SpaceX—also looking into potential markets for his Starlink satellite broadband—makes its first appearance in India. Read More..

B2B Tech News | 2 years ago          

Baidu Set to Donate Quantum Computing Lab to Beijing Academy of Quantum Information Sciences

The Chinese internet giant Baidu intends to support the Beijing Academy of Quantum Information Sciences BAQIS, a governmentbacked organisation, by don

The Chinese internet giant Baidu intends to support the Beijing Academy of Quantum Information Sciences BAQIS, a governmentbacked organisation, by donating equipment and a laboratory for quantum computing. The action follows Alibabas announcement in November of its intention to gift the lab and experimental equipment to Zhejiang University as part of a more extensive reorganisation, which included the closure of the facility and team dedicated to quantum computing. In 2018, Baidu opened its research centre for quantum computing. Before this, the two organisations had worked together on quantum research projects at BAQIS. Baidu and BAQIS are currently hammering out the specifics of the gift. Read More..

B2B Tech News | 2 years ago          

Articul8 AI Emerges Intels Latest Venture in Artificial Intelligence Landscape

Intel has declared the establishment of Articul8 AI, a new autonomous business dedicated to its Artificial Intelligence AI software projects. Investor

Intel has declared the establishment of Articul8 AI, a new autonomous business dedicated to its Artificial Intelligence AI software projects. Investors in the project include DigitalBridge Group, an asset management emphasising digital. Intel will remain a shareholder in Articul8 AI and have an independent board of directors. However, specifics of the deals value and Intels shareholding are yet unknown. This approach aligns with Intels goal to raise outside funding for different business areas, including plans for an eventual Initial Public Offering IPO of its programmable chip division and the spinout of Mobileye Global. Read More..

B2B Tech News | 2 years ago          

US Dollar Gains Strength, Dollar Index Rises Amid Economic Data Anticipation

The US dollar gained momentum in the financial markets, raising the dollar indexs value relative to other major currencies. The currency market change

The US dollar gained momentum in the financial markets, raising the dollar indexs value relative to other major currencies. The currency market changed before the release of vital economic statistics, such as US job data and European inflation numbers. Investors are carefully monitoring these indicators to get insight into possible actions by central banks, especially the Federal Reserve. With estimates of more than 150 basis points of easing in 2024, the market is now pricing in a strong possibility of interest rate decreases by the Federal Reserve. Meanwhile, a noteworthy surge in Bitcoin occurred, leading to a 21month high of $45,532, as anticipation of SEC approval for Bitcoin ExchangeTraded Funds ETFs grew. Read More..

B2B Tech News | 2 years ago          

Argentina and IMF Nearing Agreement on Crucial Loan Program Review

According to reports, negotiations between Argentina and the International Monetary Fund IMF are approaching the seventh review of Argentinas $44 bill

According to reports, negotiations between Argentina and the International Monetary Fund IMF are approaching the seventh review of Argentinas $44 billion loan programme. Completing this evaluation is an essential prerequisite for the delivery of the next financing tranche. Due to a change in leadership, negotiations between government representatives and IMF staff representatives had to be postponed. However, rumours say an agreement is near, and Argentina aims for approval this month. The review is essential for realigning the contract as it updates the programs performance requirements until September. If approved, it may release around $3.3 billion in payments. Read More..

B2B Tech News | 2 years ago          

Barclays Downgrades Apple Stock to Sell Amid Concerns Over Weak Demand

Barclays reduced its rating on Apples stock to "sell," citing worries about the companys projected sluggish demand in 2024 for its products, which inc

Barclays reduced its rating on Apples stock to "sell," citing worries about the companys projected sluggish demand in 2024 for its products, which include the Mac and iPhone. This action follows a roughly 50% increase in Apples stock in 2023, which saw it hit a record high in midDecember. Due to decreased demand, Apples projected holidayquarter sales fell short of Wall Street projections. The second brokerage to rate the company as a "sell" was Barclays, and their downgrading caused Apples shares to fall by over 3.6%, reaching a sevenweek low. Risks to the services industry and worries about Chinas vulnerability were also discussed. Read More..

B2B Tech News | 2 years ago          

Tesla Clinches Top Spot in Norways Car Sales for Third Consecutive Year

For the third year in a row, Tesla has topped the Norwegian auto sales charts in 2023, taking a 20% market share, up from 12.2%. In Norway, batterypow

For the third year in a row, Tesla has topped the Norwegian auto sales charts in 2023, taking a 20% market share, up from 12.2%. In Norway, batterypowered vehicles accounted for nearly five of every six new automobiles sold last year. In 2023, 82.4% of new vehicle sales were electric, up from 79.3% in 2022. Tesla has succeeded despite an ongoing dispute with Nordic labour unions over the companys refusal to grant Swedish mechanics demands for the right to collective bargaining. By 2025 the Norwegian government wants to stop selling automobiles that run on petrol and diesel. Read More..

B2B Tech News | 2 years ago          

Fraud Alert TRAI Instructs Telecom Companies to Counter Cybercriminals Impersonating the Regulator

Telecom service providers Airtel, BSNL, Reliance Jio, and VodafoneIdea have been directed by the Telecom Regulatory Authority of India TRAI to alert c

Telecom service providers Airtel, BSNL, Reliance Jio, and VodafoneIdea have been directed by the Telecom Regulatory Authority of India TRAI to alert customers about communications received by hackers impersonating the telecom regulator. To prevent being disconnected, scammers have been posing as TRAI and requesting a noobjection certificate for tower installation or confirmation of current mobile numbers. The public is being advised not to trust these phone communications by TRAI. To verify, terminate, or report illegal activity involving mobile numbers, TRAI never sends texts or makes calls to users. This is a warning that the regulator wants telecom carriers to distribute. Read More..

B2B Tech News | 2 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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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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