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Zoom Suffers Major Outage, Disrupting Video Conferencing Worldwide

There was a significant outage on Zoom that affected thousands of customers globally, with 67,280 reports of complaints at its height. The problem pre

There was a significant outage on Zoom that affected thousands of customers globally, with 67,280 reports of complaints at its height. The problem prevented users from logging in and attending meetings on both the web portal and the application. Zoom acknowledged that an inquiry is underway and ascribed the issue to domain name resolution issues. Significant interruptions were experienced by businesses and remote workers who relied on the platform, underscoring the vital need for video conferencing capabilities. Even while services have been restored, the incident highlights how difficult it is to keep platforms stable as demand increases. Customers looking for updates are encouraged to visit Zooms status page, as the company strives to guarantee dependability going forward and stop similar disruptions from affecting international communication networks. Read More..

B2B Tech News | 2 months ago          

Spotify Suffers Global Outage, Affecting Thousands of Users Worldwide

With over 47,000 complaints, Spotify is experiencing a worldwide outage that makes it difficult for users to stream content, search for music, and vie

With over 47,000 complaints, Spotify is experiencing a worldwide outage that makes it difficult for users to stream content, search for music, and view artist biographies. The downloaded tunes can still be played however, the problem started around 845 AM EST and peaked at 932 AM EST. Spotify is looking into the reason for the disturbance on X previously Twitter, but no deadline for a resolution has been given. The disruption of essential platform functions is causing user frustration. This incident raises questions about the dependability of the infrastructure because it comes after recent technical problems with other significant platforms. Spotify users are waiting for word on when regular functioning will return while the service is being restored. The scenario underlines the continuous difficulties in preserving worldwide digital accessibility. Read More..

B2B Tech News | 2 months ago          

Italy Sets Conditions for UniCredit’s Banco BPM Takeover, Including Russia Exit

According to reports, the Italian government requests that Banco BPM leave Russia as soon as possible for UniCredit to acquire the bank. Pressure from

According to reports, the Italian government requests that Banco BPM leave Russia as soon as possible for UniCredit to acquire the bank. Pressure from the European Central Bank on UniCredit to scale back its Russian business aligns with this action. Furthermore, the government is expected to mandate that UniCredit sustain Banco BPMs project financing levels and have a steady loantodeposit ratio. The agreement could be decided as early as Friday, but according to certain rumours, it might not be decided until 22 April. Although UniCredit has not yet provided a statement regarding the terms, the withdrawal from Russia may be crucial to obtaining approval for the purchase. Read More..

B2B Tech News | 2 months ago          

ASML Reports €3.9 Billion Q1 Bookings, Missing Analysts’ Expectations

With Q1 bookings of €3.9 billion $4.4 billion, ASML, the largest provider of chipmaking equipment worldwide, fell short of analysts forecasts of €

With Q1 bookings of €3.9 billion $4.4 billion, ASML, the largest provider of chipmaking equipment worldwide, fell short of analysts forecasts of €4.89 billion. Despite robust demand for AIdriven semiconductor tools, the company identified tariff uncertainty as a significant issue influencing its view for 2025 and 2026. Global trade tensions may affect future orders for ASMLs EUV lithography machines, which are essential for Nvidia and Apple. Although there are still macroeconomic uncertainties, CEO Christophe Fouquet stressed that investments in AI will spur growth. The company maintains its 2025 revenue forecast of €30 billion to €35 billion, although experts caution that trade restrictions may cause supply chain disruptions for semiconductors. Read More..

B2B Tech News | 2 months ago          

IndiaU.S. Bilateral Trade Agreement Aims to Double Trade to $500 Billion by 2030.

A bilateral trade agreement BTA between the United States and India aims to double trade to $500 billion by 2030. After virtual talks this week, inper

A bilateral trade agreement BTA between the United States and India aims to double trade to $500 billion by 2030. After virtual talks this week, inperson trade negotiations will start next month. By September or October 2025, the first phase of the agreement should be completed. India wants reduced tariffs on clothing, textiles, diamonds, and prawns, while the United States wants duty reductions on industrial commodities, electric vehicles, and agricultural products. Global tariff changes are causing import spikes, especially from China, Vietnam, and Indonesia, which officials watch. By strengthening economic relations in the face of changing global trade dynamics, the agreement might significantly increase trade prospects for both countries. Read More..

B2B Tech News | 2 months ago          

China’s Q1 GDP Grows 5.4%, But U.S. Tariffs Threaten Future Expansion

Chinas firstquarter GDP rose by 5.4%, which is above forecast, but it faces uncertainty due to rising U.S. tariffs. As manufacturers hurried shipments

Chinas firstquarter GDP rose by 5.4%, which is above forecast, but it faces uncertainty due to rising U.S. tariffs. As manufacturers hurried shipments before the 145% U.S. tariff surge going into force, the growth was propelled by robust exports. Though exports are predicted to drop precipitously in the upcoming months, analysts caution that this momentum might not endure. Despite government stimulus attempts, real estate investment is declining by around 10% annually. Consumer prices, on the other hand, dropped by 0.1%, indicating poor domestic demand. Beijing is focusing on increasing consumption to offset the effects of tariffs, but experts anticipate weaker growth in the future estimates for GDP in 2025 have been lowered to 3.4%. The trade war is still influencing Chinas economic prospects. Read More..

B2B Tech News | 2 months ago          

U.S.China Trade War Intensifies as Tariffs Reach Historic Levels

With trade ties worsening and tariffs hitting alltime highs, the U.S.China economic decoupling is speeding fast. Bilateral trade is essentially on lif

With trade ties worsening and tariffs hitting alltime highs, the U.S.China economic decoupling is speeding fast. Bilateral trade is essentially on life support after the U.S. levied 145% tariffs on Chinese imports and China responded with 125% penalties. Chinas dominance over rare earth shipments and its $750 billion in U.S. Treasury bonds, which might be used as leverage, further complicate the position. According to the World Economic Forum, a complete decoupling may harm the entire world economy, possibly leading to inflation and instability. Global markets might be impacted by an extreme decoupling, which Goldman Sachs says could result in $2.5 trillion in bond and equity selloffs. The dynamics of international trade are still shaped by the ambiguity surrounding U.S.China ties. Read More..

B2B Tech News | 2 months ago          

Google and PJM Interconnection Partner to Accelerate Grid Connection with AI

The biggest power grid operator in the US, PJM Interconnection, is collaborating with Google to implement AIpowered solutions that accelerate grid con

The biggest power grid operator in the US, PJM Interconnection, is collaborating with Google to implement AIpowered solutions that accelerate grid connection procedures. By automating interconnection reviews and streamlining energy flow, the programme seeks to cut wait periods, which average five years. With support from Alphabet, Googles Tapestry platform will create a grid model driven by AI that resembles Google Maps and will enable planners to view realtime grid data. Before advancing to fullscale grid management, the technology will expedite manual review procedures. With AIdriven data centres driving electricity demand, this partnership aims to improve energy efficiency and modernise infrastructure. The rollout starts in 2025 and is a significant step towards power systems with AI incorporated. Read More..

B2B Tech News | 2 months ago          



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