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China’s MingYang and Italy’s Renexia Forge €500 Million Wind Turbine Plant Deal

A €500 million deal to build a wind turbine manufacturing facility in Italy was inked by Italys industry ministry, Chinas MingYang Smart Energy, and

A €500 million deal to build a wind turbine manufacturing facility in Italy was inked by Italys industry ministry, Chinas MingYang Smart Energy, and the Italian company Renexia. Enhancing local manufacturing and maintaining competitiveness in the renewable energy industry are the goals of this action. An Italian photovoltaic business and a Chinese manufacturer of solar panel components recently formed a partnership, which led to the current arrangement. With up to 1,100 jobs anticipated, the new factory will assist in sustaining European manufacturing competence while addressing the difficulty of importing giant turbines from China. A recent visit to China by Italian Prime Minister Giorgia Meloni highlights attempts to expand trade and collaboration beyond the Belt and Road Initiative. Read More..

B2B Tech News | 2 months ago          

Brazils Central Bank Pledges to Control Inflation Amid Rising Projections

Gabriel Galipolo, the director of monetary policy at the Brazilian central bank, says the bank is dedicated to controlling inflation. Galipolo stresse

Gabriel Galipolo, the director of monetary policy at the Brazilian central bank, says the bank is dedicated to controlling inflation. Galipolo stressed that despite dangers driving inflation over its 3% objective, the central bank—including those nominated by President Lula—is ready to take the required actions, which may include raising interest rates. Amidst global uncertainty and economic shocks, recent inflation forecasts for 2024 have escalated to 4.12%. Amidst severe market volatility and a 13% decline in Brazils actual this year, Galipolo pointed out that Copom is still "datadependent" and hasnt suggested future policy adjustments, underscoring the difficulty of directly connecting currency movements to monetary policy. Read More..

B2B Tech News | 2 months ago          

Ola Electric Mobilitys Shares Surge 10% on Strong Trading Debut

On its first day of trading, Ola Electric Mobilitys shares shot up 10%, valuing the firm at ₹369.45 billion $4.4 billion. With $1.8 billion in bids,

On its first day of trading, Ola Electric Mobilitys shares shot up 10%, valuing the firm at ₹369.45 billion $4.4 billion. With $1.8 billion in bids, the electric car manufacturers $734 million IPO—the biggest in India for 2024—was wellreceived. Even though Ola has a 39% market share and has increased revenues by 90% in India, the company has not yet declared a profit. The business intends to spend roughly $660 million in revenues from the Initial Public Offering IPO for R&D and establishing a battery cell manufacturing facility. By the beginning of 2025, Ola hopes to manufacture its battery cells to increase affordability and profitability. Read More..

B2B Tech News | 2 months ago          

Researchers Discover Phishing Attack Leveraging Google Drawings for Fake Amazon Login Pages

Researchers have discovered a phishing attempt that uses abbreviated URLs created by WhatsApp and Google Drawings to avoid detection. The first step i

Researchers have discovered a phishing attempt that uses abbreviated URLs created by WhatsApp and Google Drawings to avoid detection. The first step in the assault is a phishing email that poses as an Amazon verification link and directs recipients to a Google Drawings image. By using trusted services, this technique gets over security filters. Links in the image direct viewers to a phoney Amazon login page—a site created to obtain login credentials and private data—via URL shorteners. Victims are sent to an authentic Amazon login page once their information has been obtained. Researchers have also found a weakness in Microsoft 365s antiphishing defences users are more vulnerable to phishing attempts when security warnings are hidden using CSS tactics. Microsoft has not yet resolved this problem. Read More..

B2B Tech News | 2 months ago          

GhostWrite Vulnerability in THead RISCV CPUs Allows Full Device Takeover

According to research from the CISPA Helmholtz Centre, tHead Semiconductor, an Alibaba subsidiary, has RISCV processors that have serious security vul

According to research from the CISPA Helmholtz Centre, tHead Semiconductor, an Alibaba subsidiary, has RISCV processors that have serious security vulnerabilities. GhostWrite, the most severe vulnerability, impacts specific CPU cores, giving malicious apps the ability to read, write, and execute arbitrary code with elevated privileges, thus seizing complete control of the device. Memory protection techniques are circumvented by this vulnerability caused by flawed instructions in the CPUs vector extension. Performance will be significantly impacted, but the only solution is to turn off the vector extension. To stop such vulnerabilities from being exploited, our findings—which will be presented at the Black Hat conference—highlight the necessity of improved security measures in RISCV installation. Read More..

B2B Tech News | 2 months ago          

CERTIn Warns Android Users of Critical Vulnerabilities in Qualcomm and MediaTek Devices

Concerning smartphones with Qualcomm and MediaTek chipsets, the Indian Computer Emergency Response Team CERTIn has alerted Android users about "highri

Concerning smartphones with Qualcomm and MediaTek chipsets, the Indian Computer Emergency Response Team CERTIn has alerted Android users about "highrisk" vulnerabilities impacting Android versions 12, 12L, 13, and 14. These flaws, which may be found in the kernel, system, framework, and other components, might provide attackers with elevated privileges and access to private data. The Framework components most serious issue creates a possibility of privilege escalation. It is suggested that users allow autoupdates and update their devices to the most recent version of Android. A severe warning involving many vulnerabilities that might result in data breaches, unauthorised code execution, security bypasses, denialofservice attacks, and spoofing has also been released by CERTIn for users of Apple products. Users must ensure the newest software updates are installed on their Apple devices. Read More..

B2B Tech News | 2 months ago          

Altair and LTTS Launch Digital Twin Center of Excellence to Drive AIPowered Engineering

A Digital Twin Centre of Excellence CoE has been formed by Altair and L&T Technology Services LTTS to expedite digital transformation in industries su

A Digital Twin Centre of Excellence CoE has been formed by Altair and L&T Technology Services LTTS to expedite digital transformation in industries such as sustainability, transportation, and high tech. The CoE will concentrate on AIpowered engineering, innovation laboratories, predictive maintenance, quick product creation, and practical training to improve innovation and efficiency for clients worldwide. While LTTSs Abhishek Sinha emphasised the partnerships significance in revolutionising digital twin technology, Altair COO Stephanie Buckner underlined the initiatives potential to assist organisations in staying ahead of technological trends and bring better products to market faster. With a wealth of expertise in digital twin applications, LTTS has previously made use of Altairs solutions for various use cases to revolutionise the industry and drive technological improvements in digital twins. Read More..

B2B Tech News | 2 months ago          

Nokia and Swisscom Introduce "DronesasaService" to Enhance Swiss Infrastructure Inspections

On Thursday, Nokia and Swisscom announced their partnership to use 300 drones to improve infrastructure inspection and emergency response throughout S

On Thursday, Nokia and Swisscom announced their partnership to use 300 drones to improve infrastructure inspection and emergency response throughout Switzerland. Clients, including public safety organisations, can request drone flights using this "DronesasaService" DaaS model without owning or operating the drones themselves. Drones of this type may be used to remotely examine electricity lines, solar panels, and oil and gas infrastructure and to gather data for Swiss public safety authorities such as police and fire departments. The corporations will comply with aviation, spectrum, and data security standards despite safety, noise, and monitoring worries. There is a $32 billion to $35 billion market valuation for industrial drones worldwide. Read More..

B2B Tech News | 2 months 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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