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Google to Test AIPowered Search and Shopping Ads in U.S.

Google said at its annual I/O conference that it will be testing search and shopping advertising within its AIgenerated replies in the United States a

Google said at its annual I/O conference that it will be testing search and shopping advertising within its AIgenerated replies in the United States after the AI Overviews feature was released. By utilising generative AI technology, these advertisements will be displayed in a "sponsored" area according to the relevancy of the inquiry. The goal is to increase Googles advertising income. This action is a component of Googles plan to expand its hegemony beyond conventional search advertising. Google announced a 13% gain in advertising sales in the first quarter, ending on March 31, hitting $61.7 billion. To maximise the integration of AI into its search engine, the business intends to keep experimenting with different ad forms and considering input from advertisers. Read More..

B2B Tech News | 1 months ago          

Palo Alto Networks FourthQuarter Billings Forecast Disappoints, Reflecting Cautious Cybersecurity Spending

Investors were disappointed by Palo Alto Networks fourthquarter billings projection, which indicated cautious corporate spending on cybersecurity solu

Investors were disappointed by Palo Alto Networks fourthquarter billings projection, which indicated cautious corporate spending on cybersecurity solutions in the face of inflation and economic uncertainty. Concerns of a slowdown in cybersecurity growth emerged as companies continue to be cautious and spread their expenditures across several providers in an effort to reduce risks. Though it came in within experts expectations, the companys predicted fourthquarter billings sparked doubts about momentum. Even with small adjustments to its yearly billings estimate, the prognosis did not show a discernible acceleration of momentum. Additionally, rival Fortinet predicted secondquarter billings that were lower than expected. Palo Altos thirdquarter billings were somewhat below projections, but sales increased by almost 15% to $1.98 billion, above forecasts. The firm exceeded projections with an adjusted profit per share of $1.32. Read More..

B2B Tech News | 1 months ago          

Zoom Raises Profit and Revenue Forecast Amid Strong Demand for Hybrid Work Solutions

In light of the continuous transition to hybrid work and the high demand for its products, Zoom Video Communications increased its yearly profit and s

In light of the continuous transition to hybrid work and the high demand for its products, Zoom Video Communications increased its yearly profit and sales prediction. The companys optimistic view may be attributed to its attempts to incorporate artificial intelligence AI and broaden its service offerings, such as the launch of the AIpowered collaboration platform Zoom Workplace. During the pandemic, Zooms use, as well as that of Microsoft Teams and Cisco Webex, increased. Zooms CEO, Eric Yuan, emphasised how AI is integrated throughout the Zoom platform, particularly in Zoom Contact Centre and Zoom Workplace. Zooms revised fullyear earnings per share range from $4.99 to $5.02, with sales expected to reach between $4.61 billion and $4.62 billion in 2025. Zoom announced $1.14 billion in sales for the first quarter, above analysts projections, and quarterly adjusted profits Read More..

B2B Tech News | 1 months ago          

UK Payment Regulator Raises Alarms Over Visa and Mastercard Fee Hikes

Concerned about Visa and Mastercard price rises, the Payment Systems Regulator PSR noted that while fees have increased significantly over the last fi

Concerned about Visa and Mastercard price rises, the Payment Systems Regulator PSR noted that while fees have increased significantly over the last five years, there has yet to be any sign of a commensurate improvement in services. The PSRs initial assessment highlighted the restricted options available to retailers since both corporations control 95 per cent of transactions using UKissued cards. It projected that these price increases had increased UK businesses costs by over £250 million. Visa did not immediately reply, while Mastercard disagreed with the conclusions, citing industry rivalry. The PSR suggested solutions, such as increased reporting requirements and openness. A final report is expected by years end, and public comments are welcome through July 30. Read More..

B2B Tech News | 1 months ago          

BHP Group Shares Surge Amid Speculation Over Anglo American Takeover Bid

Ahead of the deadline to formally submit a proposal for Anglo American, which recently rejected a $43 billion buyout offer, shares of BHP Group shot u

Ahead of the deadline to formally submit a proposal for Anglo American, which recently rejected a $43 billion buyout offer, shares of BHP Group shot up to a threemonth high. Analysts credit positive market factors, such as Chinas stimulus package for real estate and recordhigh copper prices, for BHPs stock surge. However, they express scepticism over BHPs possibility of pursuing a second proposal, given Anglos lacklustre reaction. By UK takeover regulations, BHP must either make a legally binding bid for Anglo by this Wednesday or wait six months. BHP refrained from commenting, although Anglo has turned down two prior offers in favour of concentrating on copper holdings and selling off other companies. The likelihood of competing bids or Anglo selling assets increases with the length of the purchase process. Read More..

B2B Tech News | 1 months ago          

Sanofi Teams Up with OpenAI and Formation Bio to Revolutionize Drug Development

Sanofi has partnered with Formation Bio and OpenAI to use artificial intelligence AI to improve its drug development efforts. Sanofi hopes to use Open

Sanofi has partnered with Formation Bio and OpenAI to use artificial intelligence AI to improve its drug development efforts. Sanofi hopes to use OpenAIs private data in this partnership to create AI models specifically for its biopharma initiatives, while Formation Bio will provide more technical resources. This action highlights a more significant trend in which big pharmaceutical corporations use AI to identify patients more quickly or lower the sample size needed for clinical trials, speeding up the medication development process and saving significant money. Read More..

B2B Tech News | 1 months ago          

Google to Invest $1.1 Billion in Finland Data Centre Expansion for AI Growth

Owned by Alphabet, to accelerate the expansion of its AI business in Europe, Google intends to invest €1 billion $1.1 billion in expanding its data

Owned by Alphabet, to accelerate the expansion of its AI business in Europe, Google intends to invest €1 billion $1.1 billion in expanding its data centre campus in Finland. The Nordic area is a desirable site for data centres due to its advantageous features, including a temperate temperature and abundant renewable energy sources. Although other nations have voiced worries about housing data centres, Finlands steadily rising wind power capacity guarantees a clean energy supply. Redirecting heat to nearby district heating networks is one way that Google, which already runs its Hamina data centre with 97% carbonfree electricity, hopes to reduce its environmental effect even further. Googles commitment to sustainability is strengthened by this investment, which aligns with its objective of reaching net zero emissions throughout its operations and value chain by 2030. Read More..

B2B Tech News | 1 months ago          

Newgen Opens Digital Skills Training Center for Women in Okhla, Delhi

A specialized skill development centre for women in marginalized areas has been established by Newgen Software in Okhla, Delhi, to improve their digit

A specialized skill development centre for women in marginalized areas has been established by Newgen Software in Okhla, Delhi, to improve their digital skills and vocational training. This programme is a component of Newgen Digital Discovery Paathshala NDDP, the companys premier social impact project that targets moms of students from Tekhand and Harkesh Nagar. The centre plans to provide women with the necessary skills to prosper in the digital era as part of the NDDP Samarth Saarthi Samuh programme. The Head of CSR at Newgen, Priyadarshini Nigam, stressed the organizations dedication to transforming communities. With the help of nongovernmental organizations like Each One Feed One, and I AM Wellbeing, Newgen is building a comprehensive ecosystem for wellbeing and skill development that promotes independence and development. Read More..

B2B Tech News | 1 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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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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