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Global Investors Pledge $48 Million at BlueInvest Africa Forum in Lomé, Boosting Maritime Startups

Lomé, Togo, hosted the BlueInvest Africa Forum on October 15th and 16th, an initiative led by the European Commission, which resulted in significant

Lomé, Togo, hosted the BlueInvest Africa Forum on October 15th and 16th, an initiative led by the European Commission, which resulted in significant investment pledges for African maritime entrepreneurs. Over $48 million in funding was reportedly pledged by global investors to support startups and smalltomedium enterprises SMEs focused on the "blue economy"—sustainable use of ocean resources. The event emphasized innovations in coastal protection, sustainable fishing, and maritime logistics, aiming to boost economic growth while strengthening AfricaEurope cooperation on marine resource management. The forum underscored Togo’s growing role as a hub for West Africas maritime sector. Read More..

B2B Tech News | 19 days ago          

Coinbase Increases Investment in CoinDCX, Valuing Indian Crypto Exchange at $2.45 Billion

Global cryptocurrency giant Coinbase announced on October 15th that it is increasing its stake in CoinDCX, a leading Indian crypto exchange, pushing t

Global cryptocurrency giant Coinbase announced on October 15th that it is increasing its stake in CoinDCX, a leading Indian crypto exchange, pushing the latters valuation to $2.45 billion. The investment is part of Coinbases broader strategy to deepen its commitment to the Indian market, which is experiencing explosive growth and increasing regulatory clarity. CoinDCX stated the funds would be primarily used for platform expansion, regulatory compliance, and increasing its market share across the Middle East. The move signals strong confidence from major international players in the future of India’s digital asset ecosystem, despite occasional regulatory headwinds. Read More..

B2B Tech News | 19 days ago          

Tata Communications Eyes Strategic TieUp with TCS for ₹54,000 Crore Data Centre Expansion

Tata Communications is reportedly in advanced discussions to collaborate with its group entity, Tata Consultancy Services TCS, on a largescale data ce

Tata Communications is reportedly in advanced discussions to collaborate with its group entity, Tata Consultancy Services TCS, on a largescale data center infrastructure expansion valued at $6.5 billion approx. ₹54,000 crore, as reported on October 16th. The potential tieup is aimed at creating one of Indias largest and most technologically advanced data center networks, leveraging TCSs software expertise and Tata Communications infrastructure assets. This strategic partnership seeks to tap into the booming demand for cloud services, AI infrastructure, and data localization, ensuring the Tata Group maintains a dominant position in the digital backbone of the Indian economy. Read More..

B2B Tech News | 19 days ago          

Axis Bank Q2 Net Profit Falls 26% YearonYear Due to OneTime Standard Asset Provisions

Axis Bank reported its financial results for the second quarter of FY26 on October 16th, showing a significant 26% yearonyear drop in consolidated net

Axis Bank reported its financial results for the second quarter of FY26 on October 16th, showing a significant 26% yearonyear drop in consolidated net profit to approximately ₹4,300 crore. The decline was attributed primarily to a large, onetime increase in provisions made against standard assets, following a precautionary reclassification by the bank. While the banks core net interest income remained robust, the substantial asset provisioning impacted the bottom line more than anticipated by analysts. Management reassured investors that the move was purely a conservative measure and not indicative of a deterioration in asset quality, though the markets reacted with caution. Read More..

B2B Tech News | 19 days ago          

Trump Claims PM Modi Assured Halt to Indian Purchase of Russian Oil in Bilateral Talks

President Donald Trump, campaigning on October 16th, claimed that Indian Prime Minister Narendra Modi privately assured him that India would stop purc

President Donald Trump, campaigning on October 16th, claimed that Indian Prime Minister Narendra Modi privately assured him that India would stop purchasing oil from Russia if Trump were reelected. This statement, made during a campaign rally, immediately sent ripples through global energy markets and diplomatic circles. While the Indian government offered no immediate comment, the assertion underscores the mounting pressure on India from Western nations regarding its energy imports amid geopolitical tensions. The news highlights how US domestic politics are directly impacting highstakes international energy and trade decisions involving major economies. Read More..

B2B Tech News | 19 days ago          

Researchers Use AI to Map Urban Heat Stress and Guide City Planning

Researchers announced on October 15th that they successfully used an Artificial Intelligence model to create highly accurate maps of urban heat stress

Researchers announced on October 15th that they successfully used an Artificial Intelligence model to create highly accurate maps of urban heat stress. The AI utilizes satellite imagery and local sensor data to precisely localize areas within metropolitan centers that are most vulnerable to extreme heat, factoring in variables like building density, lack of tree cover, and surface materials. This pure technological application is crucial for climate mitigation, as it provides city planners with the detailed, actionable data needed to strategically deploy cooling measures, such as planting trees or painting rooftops, thereby protecting public health and improving the livability of dense urban environments. Read More..

B2B Tech News | 19 days ago          

Adobe Experience Manager Forms Vulnerability Added to CISAs Known Exploited Catalog

The US Cybersecurity and Infrastructure Security Agency CISA added a highpriority vulnerability in Adobe Experience Manager AEM Forms to its Known Exp

The US Cybersecurity and Infrastructure Security Agency CISA added a highpriority vulnerability in Adobe Experience Manager AEM Forms to its Known Exploited Vulnerabilities Catalog on October 15th. The flaw, tracked as CVE202554253, is an unspecified vulnerability that allows for arbitrary code execution in AEM Forms for JEE. While CISA did not confirm active ransomware use, the inclusion in the catalog mandates that US federal agencies apply mitigations within a tight deadline, underscoring the severity of the flaw. Organizations globally are strongly advised to follow Adobes guidance and apply necessary patches immediately to protect their web applications. Read More..

B2B Tech News | 19 days ago          

Broadcom Launches Thor Ultra Networking Chip, Intensifying Rivalry with Nvidia in AI Fabric

Broadcom announced the launch of its new networking chip, the Thor Ultra, on October 15th, directly challenging Nvidias dominance in the AI computing

Broadcom announced the launch of its new networking chip, the Thor Ultra, on October 15th, directly challenging Nvidias dominance in the AI computing fabric. The chip is designed to help companies build massive AI systems by efficiently stringing together hundreds of thousands of chips for data crunching. The Thor Ultra enables computing infrastructure operators to deploy far more chips than previously possible, allowing for the training and running of the largest models used for AI applications like ChatGPT. This development intensifies the highstakes technological rivalry for control over the network communications inside specialized AI data centers. Read More..

B2B Tech News | 19 days ago          



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