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Thoma BravoBacked Sophos Expands Cybersecurity Portfolio with Secureworks Acquisition

Thoma Bravobacked cybersecurity company Sophos announced that it acquired SecureWorks from Dell Technologies for $859 million in cash to improve its p

Thoma Bravobacked cybersecurity company Sophos announced that it acquired SecureWorks from Dell Technologies for $859 million in cash to improve its products for business clients. Despite Secureworks shares dropping 1.5% to $8.35 in early trade, stockholders, including Dell, will receive $8.50 per share. Secureworks was founded in 1998 and is wellknown for its potent threat detectionfocused Taegis cloud platform. But in the face of intense competition, the firm has struggled to set itself apart from the competitors, as seen by its 17 centspershare quarterly loss. After purchasing UKbased Darktrace for almost $5.3 billion, Thoma Bravo aims to develop a robust cybersecurity portfolio, another step in that direction. Early 2025 is when the agreement is anticipated to close. Read More..

B2B Tech News | 1 years ago          

Santander Launches Openbank in the U.S., Targeting $30 Billion in Auto Loans

To facilitate up to $30 billion in vehicle loans and grow its retail operations nationwide, Santander launched its digital bank, Openbank, in the US.

To facilitate up to $30 billion in vehicle loans and grow its retail operations nationwide, Santander launched its digital bank, Openbank, in the US. Santander has about $45 billion in retail deposits and over $60 billion in vehicle loans, with a network of 409 locations, mainly in the Northeast. The bank intends to outperform competitors like Goldman Sachs by providing competitive interest rates, beginning with a 5.25% return on savings accounts. Even though Santander stopped making mortgage loans in 2022, it still plans to assess Openbanks development prospects to help small companies. This digital project must be successful to boost the banks lately declining U.S. profitability. Read More..

B2B Tech News | 1 years ago          

Meta Unveils SelfTaught Evaluator A New AI Model Aiming to Reduce Human Input in Development

A SelfTaught Evaluator that aims to lessen human intervention in AI development is one of the new AI models that Meta has developed. This methodology

A SelfTaught Evaluator that aims to lessen human intervention in AI development is one of the new AI models that Meta has developed. This methodology improves accuracy in maths and coding by using the "chain of thought" strategy, which divides complicated issues into smaller parts. By eliminating human input early, the evaluator, trained on AIgenerated data, may pave the way for autonomous AI agents capable of selflearning. The present, expensive Reinforcement Learning from Human Feedback RLHF procedure may be replaced by this method. As a significant step towards more sophisticated, autonomous AI systems, Meta seeks for AI to selfcheck and outperform humanlevel accuracy. Tools to expedite LLM answers and facilitate material discovery are among the other enhancements. Read More..

B2B Tech News | 1 years ago          

Qualcomm Unveils Snapdragon 8 Elite Chip with 45% Performance Boost, Debuting in OnePlus 13

Qualcomms newest mobile chip will power Samsung, OnePlus, Xiaomi, and OPPO flagship smartphones, the Snapdragon 8 Elite, which the company unveiled. T

Qualcomms newest mobile chip will power Samsung, OnePlus, Xiaomi, and OPPO flagship smartphones, the Snapdragon 8 Elite, which the company unveiled. Thanks to Qualcomms new Oryon CPU, which debuted on 31 October with the OnePlus 13, the processor promises up to 45% gains in performance at a 4.32 GHz CPU speed. Performing image processing and speech recognition locally on the smartphone to protect privacy improves AI capabilities. The Snapdragon 8 Elite is a smartphone that offers higher performance, longer battery life, better gaming and multimedia experiences, and a 40% increase in graphics performance. It also supports 320 MP cameras, 8K video recording, 5G and WiFi 7 connection. Read More..

B2B Tech News | 1 years ago          

Perplexity AI Boosts Search Platform with Internal Knowledge Search and Collaborative Spaces

Perplexity AI has improved the usability of its AI search engine by introducing two new features Spaces and Internal Knowledge Search. Users can mix i

Perplexity AI has improved the usability of its AI search engine by introducing two new features Spaces and Internal Knowledge Search. Users can mix internal data with publicly accessible web results using Internal Knowledge Search to obtain more customised replies. This functionality is intended for business clients who want to simplify their research across several data sources. Several users may collaborate on search initiatives using Spaces, a collaboration tool, by asking friends or coworkers to exchange and organise information. Paid customers can presently access both functionalities. Perplexity also intends to include data from third parties, such as FactSet and Crunchbase, to provide enterprise users with better research tools. Read More..

B2B Tech News | 1 years ago          

Microsoft Unveils AIPowered Autonomous Agents for Task Automation, Launching December 2024

Ten "autonomous agents," among other AIpowered capabilities that Microsoft is introducing, are intended to automate customer service, recordkeeping, a

Ten "autonomous agents," among other AIpowered capabilities that Microsoft is introducing, are intended to automate customer service, recordkeeping, and email management. Starting in December 2024, a public preview of these agents will be offered. Agent autonomy will also be made possible by new capabilities added to Microsofts Copilot Studio, an agent development tool for businesses. The technologies are designed to decrease repetitive work and increase efficiency in sales and accounting. Salesforce, which unveiled Agentforce, its AI agent, is one of the firms with whom this move enhances rivalry. Microsoft still needs to reveal a price for its agents, which will be revealmics365. Read More..

B2B Tech News | 1 years ago          

IBM Unveils OpenSource Granite 3.0 AI Models, Aims at Enterprise Adoption

To capitalise on the increasing use of generative AI, IBM has developed "Granite 3.0," the most recent version of its AI models geared at enterprises.

To capitalise on the increasing use of generative AI, IBM has developed "Granite 3.0," the most recent version of its AI models geared at enterprises. In contrast to rivals such as Microsoft, IBM plans to make these models publicly available while also providing a commercial tool called Watsonx to assist businesses in executing customised models within data centres. A few Granite 3.0 variations may be purchased for usage on the Watsonx platform and included in Nvidias AI software stack, which will use Nvidias H100 GPUs. IBMs strategy puts them in a competitive position in the AI market by offering scalable and adaptable AI solutions for business use. Read More..

B2B Tech News | 1 years ago          

WTO Projects 3% Growth in Global Trade by 2025, Contingent on Stability in the Middle East

The World Trade Organisation WTO raised its estimate for global commerce from 2.6% to 2.7% in 2023. If Middle Eastern tensions continue to be managed,

The World Trade Organisation WTO raised its estimate for global commerce from 2.6% to 2.7% in 2023. If Middle Eastern tensions continue to be managed, the organisation expects this growth to accelerate to 3% in 2025. After a fall caused by high inflation and rising interest rates last year, there has been a rebound leading up to this adjustment. Concerns about possible setbacks brought on by intensifying regional conflicts—particularly in the Middle East—that may affect shipping routes and energy prices were brought up by WTO DirectorGeneral Ngozi OkonjoIweala. Read More..

B2B Tech News | 1 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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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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