Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

Indodax Suspends Operations After $22 Million Crypto Theft Amid Rising Cyber Attacks

An asset theft of $22 million has forced Indodax, a significant cryptocurrency exchange in Southeast Asia, to halt operations. With over 6 million use

An asset theft of $22 million has forced Indodax, a significant cryptocurrency exchange in Southeast Asia, to halt operations. With over 6 million users, the Jakartabased site identified the security flaw and suspended operations for repair. Ethereum, worth $14 million, and 25 Bitcoins, valued at $1.4 million, were among the stolen assets disclosed by blockchain security companies. As it cautioned against phishing attempts that take advantage of the event, Indodax promised to reimburse impacted subscribers. This assault fits into a larger pattern sparked by previous hacks at sites like WazirX and another in Singapore. According to experts, $3 billion worth of Bitcoin thefts have been connected to North Korean hackers the stolen money is allegedly being used to finance North Koreas nuclear development. Read More..

B2B Tech News | 1 years ago          

Salesforce Launches Agentforce AI Suite to Boost Employee Productivity Across Industries

Sales, marketing, customer care, and commerce personnel may now work more efficiently thanks to Salesforces Agentforce suite of AIpowered tools. Tasks

Sales, marketing, customer care, and commerce personnel may now work more efficiently thanks to Salesforces Agentforce suite of AIpowered tools. Tasks like data analysis, decisionmaking, Q&A, lead qualifying, and marketing optimisation are all handled by this selfsufficient platform. By 2025, CEO Marc Benioff hopes to empower one billion agents using Agentforce, highlighting the platforms security, compliance, and scalability. As a result of using Agentforce, businesses, including Wiley, Saks, and OpenTable, have already seen a 40% increase in case resolution over their prior chatbot system. With Agentforces nocode builder, companies can automate repetitive processes so that human agents can concentrate on more complex problems, which boosts productivity and client happiness. Read More..

B2B Tech News | 1 years ago          

Intel to Produce AI Fabric Chip for AWS, Leveraging Advanced 18A Node Technology

This is a significant victory for Intels sophisticated chipmaking skills, as AWS has been signed up as a customer by Intels foundry company to manufac

This is a significant victory for Intels sophisticated chipmaking skills, as AWS has been signed up as a customer by Intels foundry company to manufacture specialised AI chips. With this contract, Intel will use its 18A process—its most advanced node for external customers—to create an "AI fabric chip" for AWS. As a major participant in AI chip design, Intels foundry services are taking a significant step forward with this alliance. Using its future 18AP and 14A technologies, Intel will also create more chip designs specifically for AWS. As part of a larger plan, Intel is reorganising departments and considering taking outside funding for its foundry operation, which runs more independently. The US CHIPS Act also gave Intel $3 billion, which helped to finance its aspirations to expand its production. Read More..

B2B Tech News | 1 years ago          

Alcoa to Sell 25.1% Stake in Maaden for $1.1 Billion to Saudi Mining Company

Alcoa declared it would pay Saudi Arabian mining firm Maaden $1.1 billion to sell a 25.1% share in its Maaden joint venture. About 86 million Maaden s

Alcoa declared it would pay Saudi Arabian mining firm Maaden $1.1 billion to sell a 25.1% share in its Maaden joint venture. About 86 million Maaden shares and $150 million in cash are included in the acquisition, which is anticipated to close in the first half of 2025. William Oplinger, CEO of Alcoa, said the transaction will improve financial flexibility, streamline the companys holdings, and make its Saudi interests more transparent. Alcoa intends to hold Maadens shares for at least three years and will keep about 2% after the transaction. As Saudi Arabias mining industry grows, Maaden, which already controls 74.9% of the joint venture, looks forward to more cooperation. Read More..

B2B Tech News | 1 years ago          

Argentinas 2025 Draft Budget Projects 5% Economic Growth and 1.3% Primary Fiscal Surplus

According to Argentinas draft budget for 2025, the countrys GDP would expand by 5%, with a primary fiscal surplus of 1.3%. The plan predicts that at t

According to Argentinas draft budget for 2025, the countrys GDP would expand by 5%, with a primary fiscal surplus of 1.3%. The plan predicts that at the end of the year, the exchange rate will be 1,207 pesos for every dollar, with an inflation rate of 18.3%. The governments attempts to manage budgetary obligations and stabilise the economy in the face of persistent economic difficulties are reflected in the budget. The forecasts are meant to promote economic growth and stability, emphasising keeping the budget balance positive and reining in inflation. These projections might alter in the upcoming months in response to changes in the economy and changes in policy. Read More..

B2B Tech News | 1 years ago          

Unicredit CEO Andrea Orcel Advocates for Merger with Commerzbank to Strengthen German Banking Sector

Strong support for a possible merger between Unicredit and Commerzbank has been voiced by Andrea Orcel, CEO of Unicredit, who believes it may signific

Strong support for a possible merger between Unicredit and Commerzbank has been voiced by Andrea Orcel, CEO of Unicredit, who believes it may significantly improve the competitive environment in the German banking industry. Retail customers and German Mittelstand businesses might gain from a stronger rival created by such a combination, according to Orcel. Although Unicredit now owns 9% of Commerzbank, he stressed that Commerzbanks stockholders ultimately choose to combine. Unicredit is willing to have more conversations, according to Orcel, but there is no deadline for doing so. Local management at Commerzbank has expressed opposition to Unicredits recent action, indicating that the idea has caused a stir. Read More..

B2B Tech News | 1 years ago          

Tiger Global to Join MultiBillionDollar Funding Round for OpenAI, Valuation Could Hit $150 Billion

The multibilliondollar OpenAI fundraising round is expected to include venture capital company Tiger Global Management, which may value the ChatGPT cr

The multibilliondollar OpenAI fundraising round is expected to include venture capital company Tiger Global Management, which may value the ChatGPT creator at $150 billion. Thrive Capital is expected to lead the round with a $1 billion investment, helmed by Josh Kushner. OpenAI has to raise $6.5 billion, including $5 billion in debt, so this investment round is essential. Previous supporter Tiger, valued at $14.5 billion in 2019, contributed $50 million at the time of investment. Other notable investors were Microsoft, Nvidia, Apple, and G42 of Abu Dhabi. With an emphasis on sophisticated problemsolving skills, the financing will help OpenAI grow and introduce its new "Strawberry" AI models. Read More..

B2B Tech News | 1 years ago          

Disney and DirecTV Reach Deal to Restore Programming, Integrate Streaming Services

Walt Disney and DirecTV have agreed to bring back to DirecTVs 11 million subscribers Disneyowned content, such as ABC and ESPN, after a blackout that

Walt Disney and DirecTV have agreed to bring back to DirecTVs 11 million subscribers Disneyowned content, such as ABC and ESPN, after a blackout that started on 1 September. By incorporating Disneys streaming services, including Disney+, Hulu, and ESPN+, onto its platform, the agreement improves DirecTVs offers with genrespecific bundles. This deal, which guarantees ESPNs future streaming service distribution rights, strengthens Disneys financial conditions and coincides with Disneys anticipated excellent performance at the Emmy Awards. The resolution underscores the continuous modifications in the television sector as content creators and suppliers respond to the increasing prominence of streaming services and changing customer tastes. Read More..

B2B Tech News | 1 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   15246   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12718   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13080   

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.
   12820   

5.  Approximately 8 billion gadgets connect on the internet every day.
   15914   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.