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RBA Maintains Interest Rate at 4.35%, Keeping Focus on Inflation Decline

At its November meeting, the Reserve Bank of Australia RBA maintained its interest rate at 4.35%, as the markets had generally anticipated. The bank s

At its November meeting, the Reserve Bank of Australia RBA maintained its interest rate at 4.35%, as the markets had generally anticipated. The bank stressed that its policy would continue to be restrictive unless core inflation began to drop. Because of government power rebates, headline inflation fell to 2.8%, but underlying inflation was persistently high at 3.5%. According to RBA projections, underlying inflation will not return to the target range of 23% until 2026, and it will only marginally decline to 3.4% by years end. According to forecasts, the firstrate drop may not happen until mid2025, despite a robust labour market that recorded employment gains of 3.1% on average. Read More..

B2B Tech News | 3 months ago          

Fintech Consortium Launches USDG Stablecoin, Aiming to Transform Cryptocurrency Landscape

Through the Global Dollar Network, a group of fintech and cryptocurrency companies, including Galaxy Digital, Kraken, and Robinhood, introduced a new

Through the Global Dollar Network, a group of fintech and cryptocurrency companies, including Galaxy Digital, Kraken, and Robinhood, introduced a new stablecoin called USDG based on the US dollar. This project aims to give its partners financial advantages while hastening the adoption of stablecoins. Stablecoins are essential for converting cryptocurrencies into fiat money to safeguard customers from volatility since they keep a constant value. With Tether and USD Coin controlling roughly 90% of the market, USDG, which a consortium committee oversees, will compete in this market. Charles Cascarilla, CEO of Paxos, emphasised that the network is available to anybody and would give back the majority of benefits to users, encouraging the use of stablecoins worldwide and the social acceptance of this technology. Read More..

B2B Tech News | 3 months ago          

Samsungs One UI 7 Beta to Introduce Manual Thermal Throttling Control for Enhanced Performance

One UI 7, Samsungs most recent Android 15based operating system, was revealed last month and is anticipated to go into beta testing shortly. It may in

One UI 7, Samsungs most recent Android 15based operating system, was revealed last month and is anticipated to go into beta testing shortly. It may include a new feature allowing users to turn off thermal throttling manually. According to a tipster on X, the function, concealed in the Developer Options, gives users more flexibility over performance settings by getting over the OSs builtin thermal protections. Higher frame rates and less lag might improve gaming experiences, but increased heat exposure could endanger the internal components of the smartphone. With a simplified interface that emphasises trademark design, deliberate simplicity, and increased user engagement through its distinctive One UI aesthetics, Samsung hopes to make the One UI 7 beta available to all consumers. Read More..

B2B Tech News | 3 months ago          

Anthropics Claude 3.5 AI Gains PDF Image Understanding for Enhanced Document Analysis

To enhance document analysis, Anthropic has added PDF image comprehension to their Claude 3.5 Sonnet AI model. This feature enables the chatbot to exa

To enhance document analysis, Anthropic has added PDF image comprehension to their Claude 3.5 Sonnet AI model. This feature enables the chatbot to examine photographs, charts, and graphics included in PDF files. Claude can now handle complicated documents more efficiently thanks to this upgrade, which is currently in beta and accessible through Anthropics API, which allows direct PDF uploads. Claude is now helpful for corporate jobs like evaluating sales and marketing files, as users can ask specific questions about PDF pictures and get thorough answers. Claude can handle 1,000 pages and 32MB PDFs, but it does not support passwordprotected or encrypted PDFs. Soon, Google Vertex AI and Amazon Bedrock will incorporate this functionality, bringing Claudes documenthandling skills into line with Googles NotebookLM. Read More..

B2B Tech News | 3 months ago          

CERTIn Issues High Severity Alert for Critical Google Chrome Vulnerabilities

A "High" severity alert was released by the Indian Computer Emergency Response Team CERTIn for serious flaws in Google Chrome that might give remote a

A "High" severity alert was released by the Indian Computer Emergency Response Team CERTIn for serious flaws in Google Chrome that might give remote attackers the ability to run arbitrary code and take over users computers. These vulnerabilities, which stem from issues with Chromes Extensions and V8 Type Confusion, present serious dangers since they might allow unauthorised access to private information, including banking information and passwords, potentially leading to financial theft. Because the most recent version of Chrome includes crucial security fixes, CERTIn advises users to confirm their version and upgrade. To avoid exploiting these security flaws and safeguard personal information, users are encouraged to turn on automatic updates, take caution when using browser extensions, and keep their antivirus software up to date. Read More..

B2B Tech News | 3 months ago          

Apple’s iOS 18.2 Beta Integrates ChatGPT Plus Subscription Directly into Siri

A deeper integration of ChatGPT with Siri and Apples AIpowered writing tools are two significant enhancements in the iOS 18.2 beta. A ChatGPT Plus mem

A deeper integration of ChatGPT with Siri and Apples AIpowered writing tools are two significant enhancements in the iOS 18.2 beta. A ChatGPT Plus membership may now be purchased straight from the iOS Settings by selecting *Apple Intelligence & Siri → ChatGPT*. With this new option, iPhone users can now enjoy five times as many GPT4o messages, higher upload limits for files and photos, and better realtime audio interaction—all for $19.99 Rs 1,950 a month. Without an OpenAI membership, primary ChatGPT access is possible however, the Plus subscription unlocks more advanced features, making AIpowered support more frictionless on Mac, iPhone, and iPad. Read More..

B2B Tech News | 3 months ago          

ElevenLabs Introduces Voice Design API, Enabling AI Character Voices via Text Prompts

ElevenLabs, an AI company located in New York, has released an API for its Voice Design feature, which lets programmers generate original AI voices in

ElevenLabs, an AI company located in New York, has released an API for its Voice Design feature, which lets programmers generate original AI voices in response to text commands. With this API, developers may include the technology in their apps and give users or AI characters customised voices. Additionally, ElevenLabs introduced X to Voice, an opensource project that uses an X formerly Twitter profiles tweets and bio to create a voice for it. Using profile analysis, this application generates a text prompt that Voice Design uses to produce voice previews. The lipsyncing function animates profile photos and creates three distinct sound samples for every profile in around 30 seconds. Read More..

B2B Tech News | 3 months ago          

Stonepeak in Advanced Talks to Acquire Air Transport Services Group for $3.1 Billion

Stonepeak is in advanced talks to pay around $3.1 billion, including debt, to purchase Air Transport Services Group ATSG.O, a business specialising in

Stonepeak is in advanced talks to pay around $3.1 billion, including debt, to purchase Air Transport Services Group ATSG.O, a business specialising in cargo transportation and aircraft leasing. The investment group located in New York is anticipated to offer $22.50 per share, representing an almost 30% premium over ATSGs Friday closing price. If it works, an announcement may be made as early as Monday. The growing demand for air freight from internet merchants has made ATSG more appealing. The company has 134 aircraft in its fleet and offers maintenance services. Despite a pretax loss and an 8% drop in revenue to $488 million for the quarter that ended on June 30, the firm expects demand to rebound in the upcoming months. Read More..

B2B Tech News | 3 months ago          



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