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Australia Launches $16M Trade Accelerator Fund to Boost India Ties

Australia has established a $16 million AustraliaIndia Economic and Investment Accelerator Fund to improve economic relations with India, emphasising

Australia has established a $16 million AustraliaIndia Economic and Investment Accelerator Fund to improve economic relations with India, emphasising sustainable energy, tourism, agribusiness, and education. The plan lists fifty engagement opportunities to enhance IndoPacific economic cooperation. An extra $4 million has been set up for the Maitri Grants program to strengthen business and cultural relationships. Australias commercial diversification depends on India, Prime Minister Anthony Albanese stressed. By the end of the year, the program will have reduced $2 billion in tariffs and saved businesses millions of dollars under the current free trade deal. Additionally, Australia is moving on with trade negotiations for a new agreement to increase investment opportunities and strengthen strategic and economic links in the IndoPacific. Read More..

B2B Tech News | 11 months ago          

BlackRock Reevaluates Australia Strategy Amid Weak Growth, High Valuations

Due to stretched valuations and sluggish growth, BlackRock, the largest asset manager in the world, is reevaluating its focus on Australia in favour o

Due to stretched valuations and sluggish growth, BlackRock, the largest asset manager in the world, is reevaluating its focus on Australia in favour of economies like the United States and Japan. Katie Petering, head of investment strategy for Australia and New Zealand at BlackRock, identified global volatility and unpredictability as the main justifications for portfolio diversification. The company maintains an overweight position in U.S. stocks and finds Japan appealing because of its business reforms and inflationdriven pricing power. Australias economic prognosis is deteriorating, and valuations are losing their appeal. Given the tight labour market, BlackRock backs the Reserve Bank of Australias cautious approach to rate decreases. Among the companies the company owns in Australia are Commonwealth Bank, BHP, and CSL. Read More..

B2B Tech News | 11 months ago          

Salesforce Misses Revenue Forecasts for 2026, Shares Drop 5%

Salesforces shares fell 5% in extended trading after the company reported fiscal 2026 sales below Wall Street forecasts because of the delayed adoptio

Salesforces shares fell 5% in extended trading after the company reported fiscal 2026 sales below Wall Street forecasts because of the delayed adoption of its AIpowered Agentforce platform. The companys revenue forecast falls short of analysts $41.35 billion estimate, coming in between $40.5 billion and $40.9 billion. Adjusted earnings per share are expected at $11.09–$11.17, somewhat below estimates. With enterprises cautious due to high interest rates, analysts stress that Agentforces success is critical for Salesforces return to doubledigit growth. The business posted Q4 revenue of $9.99 billion, missing the $10.04 billion target. Salesforce is up against fierce competition from Amazon and Microsoft as AI agents surpass chatbots thus, its AI strategy is essential to its future expansion. Read More..

B2B Tech News | 11 months ago          

Amazon Unveils Alexa+ with AI Overhaul, Launching in March

Alexa+, the companys first significant update to Alexa since 2014, incorporates generative AI to provide a more conversational experience. Launched in

Alexa+, the companys first significant update to Alexa since 2014, incorporates generative AI to provide a more conversational experience. Launched in March, the program costs $19.99/month for nonPrime members and is free for Prime members. In addition to managing smart home devices and analysing papers, Alexa+ can retain user preferences and make bookings. Internally dubbed "Banyan," the redesign seeks to rival Googles Gemini and Apples Siri. Amazon invested $8 billion in the AI startup Anthropic, but early testing revealed sporadic errors and delays. Alexa+ will use Anthropics Claude model and Amazons Bedrock AI platform for better responses. With 500 million Alexaenabled devices in use, Amazon faces a significant commercial potential and a danger with this upgrade. Read More..

B2B Tech News | 11 months ago          

Slack Outage Disrupts Services for Hours, Partial Recovery Underway

Slack had a significant outage on 26 February 2025, starting at approximately 1100 A.M. ET, which interfered with users ability to connect, send messa

Slack had a significant outage on 26 February 2025, starting at approximately 1100 A.M. ET, which interfered with users ability to connect, send messages, and log in. In response to the situation, the company looked into issues with message delivery and other API endpoints. Some services, such as group and direct messaging, started functioning again by midmorning. Slacks status page showed continued problems with communications and integrations as of 1030 P.M. ET, indicating that complete restoration was ongoing, even if many users had regained access. It is recommended that users keep an eye on Slacks official status page for the most recent information. Read More..

B2B Tech News | 11 months ago          

Orange Romania Hit by Cyberattack 6.5GB of Data Leaked by HellCat Hacker

The HellCat ransomware groups hacker used compromised credentials and Jira vulnerabilities to get access to a nonessential program in a cyberattack th

The HellCat ransomware groups hacker used compromised credentials and Jira vulnerabilities to get access to a nonessential program in a cyberattack that Orange Group admitted targeted its Romanian branch, Orange Romania. 6.5GB of data, including 380,000 email addresses, source code, invoices, contracts, and customer and staff information, was stolen by the attacker, Rey. Even though there was no ransomware assault, a ransom letter was left, but Orange refused to negotiate. Therefore, the material was made public on the dark web. Orange prioritised data protection and guaranteed no disruption to customer operations. Analysis of the leaked sample indicates that a large portion of the data is outofdate, with some email addresses belonging to Yoxo customers or former employees, making its applicability today questionable. Read More..

B2B Tech News | 11 months ago          

Google & Qualcomm Promise 8 Years of Updates for Snapdragon 8 Elite Phones

For Android smartphones with the Snapdragon 8 Elite CPU, Google and Qualcomm have agreed to offer up to eight years of OS and security upgrades, expan

For Android smartphones with the Snapdragon 8 Elite CPU, Google and Qualcomm have agreed to offer up to eight years of OS and security upgrades, expanding coverage to some Snapdragon 8 and 7series handsets. Google announced the change, which lowers upgrade costs and allows OEMs to provide more extended software support. Qualcomm maintains a stable vendor code while needing kernelmode driver updates for compatibility, ensuring continual updates without significant platform code changes. Additionally, two Android Common Kernel ACK updates will be provided. Five future chipset generations are eligible. However, the first to benefit will be Snapdragon 8 Elite smartphones running Android 15. However, OEMs are responsible for implementation because this expanded upgrade program excludes legacy chipsets. Read More..

B2B Tech News | 11 months ago          

OpenAI Expands Deep Research Feature to All Paid ChatGPT Users

OpenAI has extended its deep research feature to all ChatGPT Plus, Team, Edu, and Enterprise users to improve information retrieval and citation accur

OpenAI has extended its deep research feature to all ChatGPT Plus, Team, Edu, and Enterprise users to improve information retrieval and citation accuracy. It was described as "one of my favourite things we have ever shipped" by CEO Sam Altman. Better file referencing and embedded images with citations are included in the upgrade to help with context preservation. OpenAI has established usage caps Pro users receive 120 monthly queries, while Plus, Team, Edu, and Enterprise users receive 10. A system card detailing its design, features, and security protocols has been available. Informed by subject experts, deep research strives to produce precise, referenced, and trustworthy results, reaffirming OpenAIs dedication to promoting AIassisted research with high legitimacy and dependability. Read More..

B2B Tech News | 11 months ago          



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