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Totvs Enters Exclusive Talks to Acquire Linx, Strengthening Software Portfolio

A significant milestone in its expansion strategy has been reached with the signing of an exclusivity agreement by Brazilian software company Totvs to

A significant milestone in its expansion strategy has been reached with the signing of an exclusivity agreement by Brazilian software company Totvs to negotiate the acquisition of Linx, a division of StoneCo. Before StoneCos successful proposal in 2020, Totvs had attempted to purchase Linx but had withdrawn from the competitive process in February. Both parties may move forward at their discretion under the exclusivity agreement, provided the authorities approve it. The acquisition would improve Totvs standing in the software solutions market, especially in the manufacturing, agro, and retail industries. Totvs dedication to strengthening its market position and utilising Linxs retail software experience is demonstrated by this development. Read More..

B2B Tech News | 9 months ago          

World Bank Economist Warns of Rising Debt Crisis in Emerging Markets

Indermit Gill, the chief economist at the World Bank, has expressed concerns about growing debt levels and slow development in developing nations, whi

Indermit Gill, the chief economist at the World Bank, has expressed concerns about growing debt levels and slow development in developing nations, which are made worse by trade uncertainty brought on by U.S. tariffs. Gill stressed that, at a rate double that of 2024, half of the 150 emerging nations either have difficulty repaying their debt or are in danger of going into distress. He asked these countries to lower their tariffs to promote trade and economic stability. Regarding trade concerns, the IMF reduced its 2025 global growth projections to 2.8%. Gill warned that high debt servicing costs restrict investments in healthcare and education, emphasising the need for immediate action to solve these issues. Read More..

B2B Tech News | 9 months ago          

IndiaAI Mission Empowers Sarvam to Build Sovereign LLM with Atmanirbhar Vision

In a historic step, the Indian government has chosen Sarvam, an AI firm in Bengaluru, to create the nations first sovereign large language model LLM a

In a historic step, the Indian government has chosen Sarvam, an AI firm in Bengaluru, to create the nations first sovereign large language model LLM as part of the ₹10,000 crore IndiaAI Mission. Using local talent and infrastructure, the model, which is intended to enable voice, reasoning, and fluency in Indian languages, will be developed wholly in India. 4,096 Nvidia H100 GPUs will be made available to Sarvam for training, with a sixmonth timeline for a safe, widespread rollout. The project supports Indias Atmanirbhar Bharat agenda by encouraging strategic autonomy and innovation. Three model variations—SarvamLarge, SarvamSmall, and SarvamEdge—will be developed by Sarvam to accommodate a range of applications. In addition to successfully meeting domestic demands, this project establishes India as a global leader in AI. Read More..

B2B Tech News | 9 months ago          

ByteDance Eyes Brazil for Major Data Center Investment, Leveraging Wind Energy

TikToks parent firm, ByteDance, is considering investing in a data centre in Brazil by taking advantage of the nations plentiful wind energy resources

TikToks parent firm, ByteDance, is considering investing in a data centre in Brazil by taking advantage of the nations plentiful wind energy resources. With a 300 MW initial capacity, the facility—possibly situated in Cearás Pecem port complex—could grow to 900 MW. For this project, ByteDance is negotiating with Casa dos Ventos, a sustainable energy producer, which supports Brazils goal of becoming a global centre for data centres. Following its $8.8 billion investment in data centres in Thailand earlier this year, ByteDances plan to bolster its operations in the Western Hemisphere is reflected in the effort. Read More..

B2B Tech News | 9 months ago          

Reddit Rolls Out AI Chatbot ‘Reddit Answers’ in India and Beyond

Reddit has extended its availability to many nations with the debut of Reddit Answers, an AIpowered chatbot, in India. Users can use this service to p

Reddit has extended its availability to many nations with the debut of Reddit Answers, an AIpowered chatbot, in India. Users can use this service to pose enquiries and get carefully chosen summaries of pertinent comments and posts on Reddit. With links to relevant communities and posts, Reddit Answers improves the search experience and is available on desktop, iOS, and Android devices. The Englishspeaking tool, which was first tested in the United States in December 2024, provides access tiers according to user subscription levels. Users who are logged in can only ask 20 questions per day. However, premium subscribers can ask up to 100 questions per day. Reddits approach to competing with AI platforms such as ChatGPT and Anthropics Claude is reflected in this launch. Read More..

B2B Tech News | 9 months ago          

Largest DDoS Attack of 2025 Targets Betting Platform, Peaks at Nearly 1Tbps

An online betting company was the victim of a major DDoS attack that peaked at about 1.1 Tbps, the highest ever recorded in 2025. The attack lasted fo

An online betting company was the victim of a major DDoS attack that peaked at about 1.1 Tbps, the highest ever recorded in 2025. The attack lasted for about 90 minutes and used multivector tactics such as UDP, SYN, IP, and TCP floods to increase from 67 Gbps to 965 Gbps in 20 minutes. The attack, which occurred just as NHL player Alexander Ovechkin tied Wayne Gretzkys record, was effectively neutralised by cybersecurity company Qrator Labs, underscoring the susceptibility of betting sites during critical athletic events. This incident shows the necessity of strong digital defences in hightraffic sectors. Read More..

B2B Tech News | 9 months ago          

Ukraine Faces Payment System Outage Due to Banking Technical Fault

The widespread outages to Ukraines electronic payment systems impacted post offices, eateries, and the Kyiv metro system. Instead of a cyberattack, th

The widespread outages to Ukraines electronic payment systems impacted post offices, eateries, and the Kyiv metro system. Instead of a cyberattack, the disruptions were ascribed to a technical issue with a bank that runs the payment systems. Additionally affected were services like the Diya program, which gives users access to state services, and commercial banking apps. Officials emphasised the necessity for a technical solution while emphasising that the disruptions were unrelated to hostile activity. Read More..

B2B Tech News | 9 months ago          

Huawei Tests Ascend 910D Chip to Challenge Nvidias H100 in AI Performance

To match Nvidias H100 in performance, Huawei is testing its newest AI chip, the Ascend 910D. This chip, a member of Huaweis Ascend series, supports mo

To match Nvidias H100 in performance, Huawei is testing its newest AI chip, the Ascend 910D. This chip, a member of Huaweis Ascend series, supports model training and other complex AI tasks. The business intends to start mass shipping its Ascend 910C chip next month after distributing early prototypes by the end of May. Huawei is working to provide competitive alternatives due to U.S. export limitations on Nvidias highend chips, such as the H100. Huawei has proven resilient in the face of sanctions the Ascend series reflects Chinas drive for semiconductor selfreliance. A significant milestone in Huaweis plan to lessen reliance on Western technology is anticipated when the Ascend 910D undergoes extensive testing. Read More..

B2B Tech News | 9 months ago          



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Refresh Your Facts

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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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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.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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