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Apples Vision Pro and Meta’s Quest 3, a glimpse into the future of entertainment and gaming

Apple and Meta, two major tech companies, have recently entered the mixed reality market. Apple introduced its first mixed reality headset, the Apple

Apple and Meta, two major tech companies, have recently entered the mixed reality market. Apple introduced its first mixed reality headset, the Apple Vision Pro, at WWDC 2023. This headset, developed by Apples Vision Products Group VPG, offers augmented and virtual reality experiences. It features 23 million microOLED pixels, 5 sensors, 12 cameras, and is powered by an M2 chip and an R1 chip, running on VisionOS. However, it has some usability and accessibility issues like causing neck strain and requiring a tethered battery pack, reducing portability. Currently, its available to a select group of developers and will be released for massmarket consumers in early 2024 at a price of $3,499. Read More..

B2B Tech News | 2 years ago          

Banking Titans Unite for $900B Climate Resilience Pledge

In a closeddoor meeting, senior executives from multilateral development banks discuss ways to increase their lending capacity and help nations prepar

In a closeddoor meeting, senior executives from multilateral development banks discuss ways to increase their lending capacity and help nations prepare for climate change and other issues. The main topic of discussion during the meeting is the valuation of callable capital, which represents shareholder commitments to assist the company in dire circumstances. The principal lending branches of the World Bank may be able to lend up to $900 billion more if credit rating firms change their procedures and callable capital allowances. The main objective is to maintain their AAA credit ratings, which allow them to provide lowinterest loans to poor countries. Given the climate issue, U.S. Treasury Secretary Janet Yellen has urged multilateral development banks to include callable capital in their capital adequacy frameworks. Read More..

B2B Tech News | 2 years ago          

Exxons $60 Billion Power Play in the Permian Basin

The largest transaction of the year and Exxons most extensive since the acquisition of Mobil Oil in 1998 would see Exxon Mobil buy Pioneer Natural Res

The largest transaction of the year and Exxons most extensive since the acquisition of Mobil Oil in 1998 would see Exxon Mobil buy Pioneer Natural Resources for almost $60 billion. Exxons position in the Permian Basin, the largest oilfield in the United States, is secured by the acquisition, guaranteeing ten years of lowcost production. The agreement gives ownership of the Permian Basin to four significant American oil companies. Experts predict that the merger will likely go through despite possible antitrust investigation because it only accounts for a small portion of the global oil and gas industry. Exxon recovered from losses by making expense reductions and profiting from high energy prices. Pioneer is the thirdlargest oil producer in the Permian Basin, renowned for its cheap production costs. Read More..

B2B Tech News | 2 years ago          

AMD Boosts AI Ambitions with Nod.ai Acquisition

By acquiring the artificial intelligence startup Nod.ai, Advanced Micro Devices AMD is stepping up its efforts to take on Nvidia. AMD is investing sig

By acquiring the artificial intelligence startup Nod.ai, Advanced Micro Devices AMD is stepping up its efforts to take on Nvidia. AMD is investing significantly in software to go along with its cuttingedge AI CPUs to improve its software capabilities. Nvidia has a competitive advantage in the AI processor industry thanks to its software and developer environment. The solution developed by Nod.ai makes deploying AI models designed for AMD chips easier, which is especially advantageous for large data centre operators. To accommodate the Nod.ai acquisition, AMD, a Santa Clara, Californiabased company, is establishing an AI group. The team will grow by 300 additional employees this year and more in 2024. It is AMDs second recent acquisition, and the company is still interested in making more to expand its portfolio. Read More..

B2B Tech News | 2 years ago          

Australias Changing Money Game, Making New Rules for Digital Wallets

To integrate digital wallet systems like Apple Pay and Google Pay into the financial regulatory framework, the Australian government is putting out le

To integrate digital wallet systems like Apple Pay and Google Pay into the financial regulatory framework, the Australian government is putting out legislation that would give the central bank regulatory control over these service providers. They now work outside of established payment mechanisms. The Reserve Bank of Australia would be given the right to regulate digital wallet transactions like credit card networks under the new regulations, and the treasurer would have the power to look into any concerns presented by payment platforms. The proposed rule aims to modernise payment system definitions in Australian laws to reflect the rising significance of digital payments in the nations changing financial landscape. Feedback from stakeholders is being sought until November 1 in anticipation of the legislations introduction in parliament later this year. Read More..

B2B Tech News | 2 years ago          

Air Europa Urges Credit Card Cancellations After Cyberattack

A recent cyberattack on a Spanish airlines online payment system prompted Air Europa to encourage its passengers to deactivate their credit cards. The

A recent cyberattack on a Spanish airlines online payment system prompted Air Europa to encourage its passengers to deactivate their credit cards. The Mallorcabased company has not revealed the scope or timing of the attack. They claimed that there was no proof that the breach had caused fraud, but they did not mention the attacks type or origin. Clients are asked to cancel and replace any bank cards they may have used on the website to stop any fraud from occurring. Affected clients and financial institutions are being informed. For improperly handling a 2018 data breach that affected 489,000 customers and that they failed to notify within 41 days, Air Europa was penalised in 2021 for breaking GDPR rules. Read More..

B2B Tech News | 2 years ago          

ASEANs Unique AI Ethics Guide for a Diverse Region

Southeast Asian countries are departing from the strict approach to AI regulation the European Union uses. The Association of Southeast Asian Nations

Southeast Asian countries are departing from the strict approach to AI regulation the European Union uses. The Association of Southeast Asian Nations ASEAN has ten members and is developing a "guide to AI ethics and governance" that offers a businessfriendly, voluntary framework that considers cultural diversity. Unlike the EU, it does not list unacceptable risk categories and seeks to advise rather than impose domestic legislation. Companies in the IT sector, such as Meta, IBM, and Google, are offering comments. The EU wants to harmonise AI regulations globally. In contrast, ASEANs strategy reduces compliance costs and promotes innovation in a multifaceted region. The EU and Southeast Asian nations are still working to unify on fundamental AI principles. Read More..

B2B Tech News | 2 years ago          

Adobe Unveils Generative Match Tech to Rival Startups

To compete with startups, Adobe introduced new imagegeneration technology, including a function called "Generative Match." With this technology, peopl

To compete with startups, Adobe introduced new imagegeneration technology, including a function called "Generative Match." With this technology, people can produce images with only 10–20 reference photos or text. Adobe has guaranteed that these generated photos are safe legally. Users have already created three billion photographs, one billion of which were created in the previous month. By enabling the automatic manufacture of hundreds or thousands of photos for many purposes, including websites, social media campaigns, and print advertisements, the business hopes to streamline the creating of images for wellknown brands. Along with templates for brochures and other materials, Adobe also releases tools for creating vector graphics, frequently used for logos and product labels. Read More..

B2B Tech News | 2 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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