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Bharti Global Acquires 24.5% Stake in BT Group After National Security Review Approval

After a comprehensive national security examination, the British government authorised Bharti Globals £3.2 billion acquisition of a 24.5% interest in

After a comprehensive national security examination, the British government authorised Bharti Globals £3.2 billion acquisition of a 24.5% interest in BT Group on Monday. The shares were bought from Altice, which Patrick Drahi, an investor, once owned. Given its substantial involvement in government telecommunications and cybersecurity, BT will establish a national security committee to supervise strategic operations impacting the security of the United Kingdom to address national security concerns. The government highlighted this action to reduce the risks related to BTs obligations to assist with state projects. The Indian giant Bharti Enterprises investment division, Bharti Global, declared that it had no intention of acquiring BT. Read More..

B2B Tech News | 3 months ago          

Bank of Canada Governor Stresses Need for Preparedness Amid Economic Uncertainties

Governor of the Bank of Canada Tiff Macklem stressed Monday that the central bank must be better equipped to handle economic uncertainty, pointing to

Governor of the Bank of Canada Tiff Macklem stressed Monday that the central bank must be better equipped to handle economic uncertainty, pointing to deglobalisation, demographic changes, digitalisation, and decarbonisation as examples that significantly impact inflation, growth, and jobs. Macklem called for collaboration among G7 democracies to tackle common economic security concerns in his talk to the Greater Vancouver Board of Trade. He emphasised the dangers of trade protectionism, growing sovereign debt, longterm interest rates, and geopolitical conflicts. The bank recently reduced its key policy rate by 50 basis points to 3.25%, indicating a moderate approach to further cuts. It noted that monetary policy has successfully restored low inflation, with inflation at the target rate of 2%. Read More..

B2B Tech News | 3 months ago          

OpenAI Unveils Enhanced ChatGPT Search for All Users on Day Eight of 12 Days of OpenAI

Anthropic has secretly made the Claude 3.5 Haiku AI model available through Claudes mobile apps and web interface. Users reported its availability on

Anthropic has secretly made the Claude 3.5 Haiku AI model available through Claudes mobile apps and web interface. Users reported its availability on X previously Twitter, and it has been confirmed to be the default language model despite the lack of an official statement. According to several benchmarks, Claude 3.5 Haiku is Anthropics fastest large language model, surpassing the earlier Claude 3 Opus. Its notable benefits are reduced latency, enhanced tool usage, and better instruction following. On the Software Engineering benchmark, the model outperformed OpenAIs GPT4o and the original Claude 3.5 Sonnet, scoring 40.6%. Currently, it is optimised for AWS Trainium2 chipsets and available to all Claude users, including those on the free license. Read More..

B2B Tech News | 3 months ago          

German Authorities Disrupt BADBOX Malware That Infected 30,000 Android Devices

After infecting 30,000 Android devices nationwide, the BADBOX malware operation was halted by German authorities. Some smartphones and tablets, video

After infecting 30,000 Android devices nationwide, the BADBOX malware operation was halted by German authorities. Some smartphones and tablets, video players, streaming devices, digital picture frames, and other gadgets with outofdate Android firmware had the malware preinstalled. BADBOX made it possible for nefarious behaviours like establishing fictitious accounts to disseminate false information, engaging in ad fraud by secretly opening websites, and serving as a home proxy for illicit activity. It might infect devices with more malware as well. Chinese threat actors behind the PEACHPIT botnet are connected to the operation, first reported by HUMANs Satori Threat Intelligence. The example underlines the risks of buying lowcost or fake technology, which may unintentionally pose security risks. Read More..

B2B Tech News | 3 months ago          

HDMI 2.2 Standard to Launch at CES 2025 with Higher Bandwidth and NextGen Display Support

The HDMI Forum is anticipated to announce a press conference on 6 January in Las Vegas, and a new HDMI 2.2 standard will debut at CES 2025 in January.

The HDMI Forum is anticipated to announce a press conference on 6 January in Las Vegas, and a new HDMI 2.2 standard will debut at CES 2025 in January. Reports state that HDMI 2.2, introduced in 2017 with a 48Gbps capacity, would have more bandwidth and compatibility for greater resolutions and refresh rates. It might need a new HDMI cable to use all of its features. This update is expected to be compatible with nextgeneration screens and gaming systems, such as Nvidias RTX 50series and AMDs Radeon RX 8000series. Better video transmission for dynamic HDR, gaming, and highrefreshrate monitors is promised by HDMI 2.2. Read More..

B2B Tech News | 3 months ago          

OpenAI Launches “Projects” to Organize and Streamline ChatGPT Conversations

With the help of OpenAIs recently released Projects feature in ChatGPT, users may now arrange conversations according to subjects and preserve context

With the help of OpenAIs recently released Projects feature in ChatGPT, users may now arrange conversations according to subjects and preserve context without being reminded. Projects are now available to ChatGPT Plus, Pro, and Team subscribers, as announced during its 12day shipping event. Edu and Enterprise users will have access starting in January 2025. The availability of the free tier still needs to be discovered. Like Googles NotebookLM, Projects lets users upload files, add titles and emoticons, and create customisable folders. Because responses maintain the context of uploaded documents, this feature improves ChatGPTs research usefulness. Projects are not currently available on iOS or Android but are accessible through ChatGPTs desktop app and web interface. Additionally, users can access Projects Search and Canvas capabilities, which streamline topicfocused, wellorganised processes. Read More..

B2B Tech News | 3 months ago          

Meta’s RayBan Smart Glasses Get AIPowered Video, RealTime Translation in Latest Update

Realtime language translation and AIpowered video capabilities are two new features of Meta Platforms RayBan Meta smart glasses. With features like AI

Realtime language translation and AIpowered video capabilities are two new features of Meta Platforms RayBan Meta smart glasses. With features like AI chatbot video processing, the v11 software update, which goes live on Monday, allows the glasses to react to visual cues in realtime. Openear speakers or phone transcripts can now translate speech between English and Spanish, French, or Italian. Additionally, Meta integrated Shazam for song recognition in the US and Canada. A significant extension of the smart glasses AIdriven capabilities, the improvements were first revealed at Metas Connect conference in September and include features for creating reminders, scanning QR codes, and using voice commands to identify phone numbers. Read More..

B2B Tech News | 3 months ago          

Databricks Nears Record $9.5 Billion Venture Capital Funding Round, Eyeing $60 Billion Valuation

A huge venture capital funding round that could surpass $9.5 billion and rank among the largest in history is reportedly on the verge of being secured

A huge venture capital funding round that could surpass $9.5 billion and rank among the largest in history is reportedly on the verge of being secured by software company Databricks. The data analyticsfocused San Franciscobased company is approaching a valuation of over $60 billion, and its share price of $92.50 is considered attractive considering its anticipated $3.8 billion in revenue for the upcoming fiscal year. Thrive Capital and returning investors Andreessen Horowitz and Insight Partners are expected to lead the nearly twiceoversubscribed financing round. Databricks is investigating $4.5 billion in debt financing in addition to its equity raise, indicating robust investor interest in the rapidly expanding AI industry. Read More..

B2B Tech News | 3 months ago          



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