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India’s Quality Control Orders QCOs Hinder Economic Growth and Global Trade Integration

India is unintentionally hurting its economic interests with its recent trade policies, especially the imposition of Quality Control Orders QCOs. Desi

India is unintentionally hurting its economic interests with its recent trade policies, especially the imposition of Quality Control Orders QCOs. Designed initially to impose quality requirements on imports, these QCOs have evolved into instruments for limiting foreign commodities, impacting everything from chemicals to shoes. These orders erratic and widespread implementation upset supply chains and led to monopolies, eventually lowering productivity and impeding job development. Notwithstanding efforts to shield customers against inferior imports, particularly those from China, the problem is made worse by the inadequacy and incapacity of certifying bodies such as the Bureau of Indian Standards. Indias economic expansion and inclusion into international trade networks may be jeopardised by this strategy. Read More..

B2B Tech News | 3 months ago          

India Delays Implementation of Digital Payments Market Share Caps to December 2026

Walmartsupported Google Pay and PhonePe have benefited from India delaying the introduction of market share caps for digital payments. The National Pa

Walmartsupported Google Pay and PhonePe have benefited from India delaying the introduction of market share caps for digital payments. The National Payments Corporation of India NPCI said that the new cap, originally scheduled to go into effect at the end of 2024, will start in December 2026 and limit corporations to a 30% share of the unified payments interface UPI transaction volume. With a combined processing volume of 13.1 billion transactions in November, PhonePe currently enjoys a 47.8% market share, while Google Pay accounts for 37%. The purpose of the postponement is to encourage the expansion of the UPI ecosystem and give other participants more opportunities to increase their market share. Read More..

B2B Tech News | 3 months ago          

U.S. SEC Approval of Spot Price ETFs Fuels Bitcoin Price Surge

Due to the U.S. SECs approval of exchangetraded funds ETFs linked to its spot price and increased confidence about regulatory changes with Donald Trum

Due to the U.S. SECs approval of exchangetraded funds ETFs linked to its spot price and increased confidence about regulatory changes with Donald Trump expected to return to the presidency, the cost of Bitcoin surged over 120% in 2024, topping $100,000 for the first time. With researchers projecting that Bitcoin might reach $200,000 by the end of 2025, this spike has increased the overall worth of the cryptocurrency sector to over $3.5 trillion. MicroStrategys largest corporate Bitcoin holder saw its shares roughly fivefold increase, and other businesses started investing in the cryptocurrency. However, growing energy costs presented difficulties for some cryptocurrency miners, resulting in significant losses for companies such as Marathon Digital and Riot Platforms. Read More..

B2B Tech News | 3 months ago          

New Year’s Day Marks End of Russian Gas Exports Through Ukraine Pipelines

After decades of reliance on Russian supplies, Europes energy landscape dramatically changed on New Years Day when Russian gas deliveries through Sovi

After decades of reliance on Russian supplies, Europes energy landscape dramatically changed on New Years Day when Russian gas deliveries through Sovietera pipelines in Ukraine were stopped. Although the gas continued to flow during the ongoing conflict, Gazprom announced the halt after Ukraine refused to renew a transit agreement. The halt has affected areas like Transdniestria that depend on these supplies for heating, even though EU countries had planned for this cutoff by securing alternate sources, such as gas from Norway and liquefied natural gas LNG from Qatar and the U.S. As the EU looks to assist Moldova throughout this energy transition, Ukrainian President Zelenskiy referred to the transits termination as a significant setback for Moscow and urged more U.S. gas supplies to Europe. Read More..

B2B Tech News | 3 months ago          

Malaysia Grants Operating Licenses to WeChat and TikTok Under New Social Media Law

Under a new social media regulation that went into effect on January 1st and was intended to curb the rise in cybercrime, Malaysias communications reg

Under a new social media regulation that went into effect on January 1st and was intended to curb the rise in cybercrime, Malaysias communications regulator has granted operating licenses to Tencents WeChat and ByteDances TikTok. According to this regulation, messaging apps and social media sites with more than 8 million users in Malaysia must obtain a licence or risk legal repercussions. According to the Malaysian Communications and Multimedia Commission, Meta Platforms has initiated the licensing application procedure, while Telegram is nearing completion. Notably, X previously Twitter did not apply for a licence, arguing its local user base was insufficient. This assertion is presently being investigated. YouTube, a subsidiary of Google, has likewise not applied because of legal classification issues. Read More..

B2B Tech News | 3 months ago          

North Korean Hackers Unveil New JavaScript Malware OtterCookie

North Korean hackers connected to the Contagious Interview campaign have released OtterCookie, a new JavaScript malware. Known for using social engine

North Korean hackers connected to the Contagious Interview campaign have released OtterCookie, a new JavaScript malware. Known for using social engineering techniques, this operation tricked job searchers into downloading malware masquerading as npm packages or video conferencing apps. To carry out commands for data theft, including files and Bitcoin wallet keys, OtterCookie links to a commandandcontrol server, according to recent research by Palo Alto Networks and GroupIB. This move coincides with the recent sanctions imposed by South Korea on 15 North Koreans engaged in schemes to defraud IT workers to fund the regimes nuclear and missile projects. These cyber threats constantly change, emphasising how dangerous North Koreas hacking activities are. Read More..

B2B Tech News | 3 months ago          

Meta to Launch AI Bots on Facebook and Instagram for Enhanced User Engagement

These AIpowered accounts aim to increase engagement and competition against platforms like TikTok and X formerly Twitter. Still, experts warn of poten

These AIpowered accounts aim to increase engagement and competition against platforms like TikTok and X formerly Twitter. Still, experts warn of potential risks, including the spread of misinformation and the proliferation of lowquality content, which could deter users from Metas social media apps. Meta plans to introduce AI bots across its platforms, including Facebook and Instagram, allowing them to mimic human user activities like posting, sharing, and liking content. The initiative comes after the companys earlier feature, launched in July 2023, which allowed users to create AI characters, though it is currently only available in the U.S. Read More..

B2B Tech News | 3 months ago          

AgiBot Releases AgiBot World Alpha A Comprehensive Dataset for Humanoid Robot Training

The Chinese AI and robotics company AgiBot has made a sizable dataset called AgiBot World Alpha publicly available to train humanoid robots. The datas

The Chinese AI and robotics company AgiBot has made a sizable dataset called AgiBot World Alpha publicly available to train humanoid robots. The dataset comprises more than one million trajectories from more than 100 robots in 100 realworld scenarios and covers intricate tasks like delicate manipulation and multirobot cooperation. Hugging Face and GitHub host it, giving researchers and developers the data to speed up AI model training. The dataset has a convenient access framework, standardised benchmarks, and basic models. Nevertheless, it is licensed under the Creative Commons CC BYNCSA 4.0 license, which forbids commercial applications but permits academic use. Read More..

B2B Tech News | 3 months ago          



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