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ArcelorMittal South Africa Delays Plant Closures to August 31 with IDC Support

After receiving a $92 million investment from the Industrial Development Corporation IDC, ArcelorMittal South Africa has delayed the shutdown of its l

After receiving a $92 million investment from the Industrial Development Corporation IDC, ArcelorMittal South Africa has delayed the shutdown of its long steel plants until August 31, 2025. The money will keep things running smoothly and keep about 3,500 jobs from being lost. Due to competition from recycling minimills and high freight rail and electricity rates, the corporation has previously stated that it intended to close these units. Although this deferment offers shortterm respite, longterm company sustainability still faces challenges with sustained profitability. The action emphasises how crucial government assistance is to stabilising vital sectors. Read More..

B2B Tech News | 10 months ago          

India and Chile Aim to Upgrade PTA to CEPA During President Borics Visit

During Chilean President Gabriel Borics visit to India from April 1 to 5, 2025, the two countries are negotiating to upgrade their Preferential Trade

During Chilean President Gabriel Borics visit to India from April 1 to 5, 2025, the two countries are negotiating to upgrade their Preferential Trade Agreement PTA into a Comprehensive Economic Partnership Agreement CEPA. Chile would become the first nation in Latin America to have such an agreement with India. With an emphasis on industries like medicines, medical gadgets, and cars, the objective is to quadruple bilateral commerce to $100 billion. Discussions will also cover tariff and nontariff barriers to improve trade relations. Read More..

B2B Tech News | 10 months ago          

UAE to Launch Digital Dirham CBDC, Transforming Financial Infrastructure

The UAE plans to introduce its Digital Dirham, a central bank digital currency CBDC based on blockchain, between October and December 2025. Aiming to

The UAE plans to introduce its Digital Dirham, a central bank digital currency CBDC based on blockchain, between October and December 2025. Aiming to improve financial inclusion, modernise payments, and fight financial crime, this project is a component of the UAEs Financial Infrastructure Transformation FIT programme. Smart contracts for automating intricate transactions and tokenisation for asset fractionalisation will be features of the Digital Dirham, increasing access to liquidity. A specialised wallet system will let users handle the currency, facilitating crossborder, wholesale, and domestic transactions. This action places the UAE at the forefront of innovation in digital banking. Read More..

B2B Tech News | 10 months ago          

Elon Musks xAI Acquires X in $33 Billion Deal to Revolutionize Social Media

In a $33 billion allstock transaction, Elon Musks AI startup, xAI, purchased his social media network X previously Twitter. Combining Xs large user ba

In a $33 billion allstock transaction, Elon Musks AI startup, xAI, purchased his social media network X previously Twitter. Combining Xs large user base with xAIs sophisticated AI capabilities, this calculated move seeks to improve AIdriven products like xAIs chatbot Grok. Musk claimed that merging data, models, computing, and skills would unleash enormous potential. According to the deal, X is worth $33 billion, and xAI is $80 billion. Musks goal to develop AI technologies while changing the social media scene is reflected in this consolidation. Read More..

B2B Tech News | 10 months ago          

OpenAI Secures Historic $40 Billion Funding Round Led by SoftBank

Nearly increasing its worth to $300 billion, OpenAI is about to close a recordbreaking $40 billion investment round spearheaded by SoftBank. This is t

Nearly increasing its worth to $300 billion, OpenAI is about to close a recordbreaking $40 billion investment round spearheaded by SoftBank. This is the biggest round of private tech investing ever. The funding will help OpenAI develop generative AI tools, scale its infrastructure, and promote AI research. The remaining $10 billion is coming from investors including Microsoft, Coatue Management, and Altimeter Capital, while SoftBank is contributing $30 billion. This investment demonstrates OpenAIs explosive expansion and aspirations to dominate the global AI market. Read More..

B2B Tech News | 10 months ago          

Browser Syncjacking Exploits Chrome Sync Feature, Puts Billions at Risk

Billions of users are at serious risk from a new browser hijacking assault called "browser sync jacking," which targets the Chrome browser. Hackers ca

Billions of users are at serious risk from a new browser hijacking assault called "browser sync jacking," which targets the Chrome browser. Hackers can obtain private information such as browsing history, passwords, and even operating system controls by taking advantage of Chromes sync feature. The technique deceives users into turning on sync by using malicious extensions and altering Chrome support pages. Once engaged, hackers have the ability to manipulate webcams and microphones, inject malware, and record keystrokes. Users are urged to prevent this by avoiding dubious extensions, turning on multifactor authentication, and updating their browsers often to the most recent security fixes. For Chrome users, this emphasises how crucial it is to remain vigilant and follow strong cybersecurity procedures. Read More..

B2B Tech News | 10 months ago          

Apple Rolls Out Intelligence Features in India with iOS 18.4 Update

Apple released iOS 18.4 in India, including its Apple Intelligence capabilities. In addition to integrating cuttingedge AI techniques like ChatGPT, th

Apple released iOS 18.4 in India, including its Apple Intelligence capabilities. In addition to integrating cuttingedge AI techniques like ChatGPT, this release adds multilingual functionality, including localised English for India. Genmoji allows you to create custom emoticons, Clean Up eliminates undesirable objects from photographs, and Writing Tools allows you to rewrite, proofread, and summarise text. While Visual Intelligence aids in text translation and object identification, Siri has been enhanced to talk naturally. With ondevice processing and secure cloud computing, these features prioritise privacy. Apple Intelligence is a major advancement in combining creativity, productivity, and privacy in AIpowered systems. Read More..

B2B Tech News | 10 months ago          

Lightmatter Introduces Interposer and Chiplet to Address AI Data Bottlenecks

In order to transform AI chip connectivity, Lightmatter has introduced innovative photonics technology. A chiplet, a tiny tile that improves chip func

In order to transform AI chip connectivity, Lightmatter has introduced innovative photonics technology. A chiplet, a tiny tile that improves chip functioning, and an interposer, which links AI chips to other chips, were the two breakthroughs the business unveiled. By using silicon photonics, these technologies greatly increase speed and efficiency by transferring data by light rather than electrical signals. In 2025, the interposer will be released, and in 2026, the chiplet. This is a significant step towards resolving data transfer bottlenecks in AI applications, allowing increasingly sophisticated AI systems to handle information more quickly and effectively. Read More..

B2B Tech News | 10 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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