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Japanese Payments Firm Infcurion Set to Go Public in 2025, Backed by ¥8 Billion Investment

Infcurion, a Japanese payments business, intends to go public in Tokyo in 2025 to accelerate expansion through acquisitions and mergers. With more tha

Infcurion, a Japanese payments business, intends to go public in Tokyo in 2025 to accelerate expansion through acquisitions and mergers. With more than ¥30 billion in valuation, Infcurion is supported by an investment of ¥8 billion from Sumitomo Mitsui Financial Group. The firm, established in 2006, provides credit cards, digital wallets, and other payment options. Because of the substantial expansion of the credit card issuing platform, it expects to turn a profit this fiscal year. Additionally, Infcurion is looking at growing in Asia since it believes there are a lot of prospects in the businesstobusiness payments market, which still mainly uses bank transfers. Read More..

B2B Tech News | 1 years ago          

S&P 500 Companies Face Slowing Earnings Growth Amid High Hopes for AI Impact

When earnings season rolls around, investors are watching closely to see how the artificial intelligence investments made by S&P 500 businesses are pl

When earnings season rolls around, investors are watching closely to see how the artificial intelligence investments made by S&P 500 businesses are playing out. The quarters 13.2% earnings growth is predicted to drop to 5.3%, with the technology and communication services industries likely to lead the rise. There is still a lot of hope surrounding AIs influence on profitability as significant companies like JPMorgan Chase and Wells Fargo prepare to report. According to UBS, AI chip sales are expected to hit $168 billion this year, which projects the industry will climb significantly. Read More..

B2B Tech News | 1 years ago          

Sanofi Poised to Sell Consumer Health Unit to CD&R for €15 Billion

Sanofi is getting close to selling its consumer health division to American private equity firm Clayton Dubilier & Rice CD&R for about €15 billion $

Sanofi is getting close to selling its consumer health division to American private equity firm Clayton Dubilier & Rice CD&R for about €15 billion $16.4 billion. This action aligns with Sanofis plan to increase financing for the creation of novel pharmaceuticals. The French pharmaceutical business had received proposals from CD&R and PAI Partners, with the latter being the more competitive. There may be an announcement shortly on the deal. By the end of 2023, Sanofi stated that it may separate its consumer healthcare division. Read More..

B2B Tech News | 1 years ago          

Russia Plans Major Hike in Exit Tax for Foreign Companies, Raising Rate to 35%

The Russian government will raise the onetime departure tax for foreign enterprises departing Russia from 15% to up to 35%. According to the new regul

The Russian government will raise the onetime departure tax for foreign enterprises departing Russia from 15% to up to 35%. According to the new regulations RBC published, 25% of the selling price must be paid to the Treasury within one month, with additional payments of 5% due within a year and the remaining 5% due within two years. Furthermore, corporations selling assets must accept a minimum discount of 60% instead of 50%. It should be noted that President Vladimir Putin must approve any transaction for more than 50 billion roubles $517.6 million. Read More..

B2B Tech News | 1 years ago          

Commvault Launches Cloud Cyber Resilience Platform on AWS for Enhanced Data Protection

According to Commvault, the Commvault Cloud cyber resilience platform is now available on Amazon Web Services AWS. Customers of AWS will be able to im

According to Commvault, the Commvault Cloud cyber resilience platform is now available on Amazon Web Services AWS. Customers of AWS will be able to improve data protection, automate recovery procedures, and swiftly rebuild cloud applications following cyberattacks using this platform, which comprises its SaaS services previously Metallic. Some essential features are Cloud Rewind for quick data recovery, Air Gap Protect for separate data copies, and Cleanroom Recovery for safe infrastructure restoration. Commvault hopes to improve AWS subscribers cyber resilience by implementing these advances, especially in handling massive datasets and reducing downtime during assaults. Read More..

B2B Tech News | 1 years ago          

Quick Heal Launches AntiFraud.AI with RealTime Banking Fraud Alerts and Dark Web Monitoring

To counteract the growing prevalence of financial fraud in India, Quick Heal Technologies has introduced AntiFraud.AI. Effective action is desperately

To counteract the growing prevalence of financial fraud in India, Quick Heal Technologies has introduced AntiFraud.AI. Effective action is desperately needed since fraudsters stole an astonishing ₹1,750 crore between January and April of 2024. AntiFraud.AI offers dark web surveillance, scam prevention, realtime banking fraud warnings, and a unique Victim Support tool that walks customers through recovery. It may be used with conventional antivirus software and is intended for all users, regardless of technical proficiency. The program is compatible with Windows, iOS, and Android devices, demonstrating Quick Heals dedication to digital security and assisting people in safely navigating the digital market. Read More..

B2B Tech News | 1 years ago          

Google Gemini AI Now Powered by Imagen 3, Setting New Standards in AI Image Generation

Using Imagen 3, Google has updated its Gemini AI model to produce images with better photorealism, faster adherence, and more significant quality 2048

Using Imagen 3, Google has updated its Gemini AI model to produce images with better photorealism, faster adherence, and more significant quality 2048x2048. Through the API, this feature is accessible to all users, including developers. Several styles, including photorealistic and textured paints, are supported by Imagen 3, which also offers customisable camera effects, including wideangle lenses. To stop deepfakes, SynthID is an invisible stamp in every created image. With this, AIdriven picture production has advanced significantly, surpassing rivals such as Meta AI in accuracy and image resolution. Read More..

B2B Tech News | 1 years ago          

Intel Unveils AIEnabled Core Ultra 200S Desktop Processors with Groundbreaking Performance

The first AIenabled desktop CPU line from Intel targeted at enthusiasts is the Core Ultra 200S series. Compared to competitors, the flagship Core Ultr

The first AIenabled desktop CPU line from Intel targeted at enthusiasts is the Core Ultra 200S series. Compared to competitors, the flagship Core Ultra 9 285K offers up to 14% greater multithreaded performance and 50% quicker AI processing thanks to its 8 Performance and 16 Efficient cores. The series features a Neural Processing Unit NPU to improve AI tasks, which also cuts power consumption by 58%. The CPUs are optimised for gaming and multimedia creation, with new overclocking capabilities, enhanced connection, and integrated Xe graphics. They are starting on October 24, 2024. Read More..

B2B Tech News | 1 years 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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