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Record Rally Ubisoft Stock Soars to 13.54 Euros Following Buyout Talks

On Friday, Ubisoft shares surged more than thirty per cent in response to rumours that the companys founders, the Guillemot family, and significant sh

On Friday, Ubisoft shares surged more than thirty per cent in response to rumours that the companys founders, the Guillemot family, and significant shareholder Tencent were considering a takeover. The stock had its biggest oneday rise ever, soaring to 13.54 euros. The Guillemot family, who own 15% of Ubisoft, did not reply to questions, and Ubisoft declined to comment. Tencent owns less than ten per cent. Before this surge, Ubisofts shares had dropped 54% for the year, mainly due to lower forecasts and the delayed release of the eagerly awaited "Assassins Creed Shadows." Additionally, 10% of shareholders have backed activist investor AJ Investments calls for a possible sale or leadership change. Read More..

B2B Tech News | 1 years ago          

Payoneer and Tech Mahindra Join Forces to Revolutionize Global Crowdsourcing with Populii

Concerns over the worlds energy markets have increased as a result of the IsraelIran conflicts intensifying violence, especially Israels threats to at

Concerns over the worlds energy markets have increased as a result of the IsraelIran conflicts intensifying violence, especially Israels threats to attack Irans oil infrastructure. Iran is one of the worlds largest oil producers with 3.277 million barrels produced daily, each disruption counts. While Brent Crude just touched $75.74 per barrel, light crude oil futures recently increased to $72.13 per barrel. Sara Vakhshouri, president of SVB Energy International, stated that while limited effects may be minimised, the degree of price changes will rely on the harm done to oil infrastructure. Investment institutions such as Goldman Sachs and Citigroup have lowered their longterm oil price projections despite the present tensions. They believe that oversupply and low demand would cause oil prices to drop to about $60 per barrel by 2025, underscoring the vulnerability of the worlds energy markets. Read More..

B2B Tech News | 1 years ago          

IMF Urges El Salvador to Limit Bitcoin Exposure Amid Ongoing Cryptocurrency Concerns

El Salvador has been using Bitcoin extensively, which has alarmed the International Monetary Fund IMF, which has called on the nation to restrict publ

El Salvador has been using Bitcoin extensively, which has alarmed the International Monetary Fund IMF, which has called on the nation to restrict public access to the cryptocurrency. IMF spokeswoman Julie Kozack emphasised the dangers of engaging in cryptocurrency activities during a recent news conference, especially considering its instability. Since Bitcoin became legal money alongside the US dollar in 2021, the IMF has been pushing for increased regulatory monitoring and stricter legislation in El Salvador. Despite these cautions, President Nayib Bukele is going for the economic integration of Bitcoin, including establishing a taxfree "Bitcoin City." El Salvador needs $1.4 billion in financial help to pay off its public debt, but the IMF withheld the money because of the countrys involvement in cryptocurrency. Read More..

B2B Tech News | 1 years ago          

Adani Group Eyes $1.2 Billion Deal to Acquire Heidelberg Materials Indian Cement Assets

According to the Economic Times, negotiations are underway for the Adani Group to pay around $1.2 billion to purchase Heidelberg Materials cement asse

According to the Economic Times, negotiations are underway for the Adani Group to pay around $1.2 billion to purchase Heidelberg Materials cement assets in India. Billionaire Gautam Adani led the company that bought Holcims local businesses in 2022 to join the Indian cement industry. Since then, it has made further purchases to challenge leading manufacturer UltraTech Cement. On Monday, HeidelbergCement Indias shares increased by 14.5 per cent, indicating a favourable mood among investors. Heidelberg Materials is considering all of its alternatives in light of the market consolidation trend, admitting that its current position in India could be better. The business operates four factories in India with a combined capacity of 12.6 million tonnes. Read More..

B2B Tech News | 1 years ago          

Google Tests Verified Check Marks to Help Users Identify Trusted Website

Google is testing a new feature that adds verified check marks next to specific companies in search results, helping users quickly identify official a

Google is testing a new feature that adds verified check marks next to specific companies in search results, helping users quickly identify official and trustworthy websites. The feature is designed to protect consumers from fraudulent sites that pose as legitimate businesses, a persistent problem that can lead to scams. A Google spokesperson confirmed the experiment, part of the company’s ongoing efforts to improve online safety and combat misinformation. Some users have reported seeing check marks next to companies like Microsoft and Apple, though the feature is currently limited. This initiative complements Google’s broader approach to filtering out harmful content and enhancing the reliability of search results. Read More..

B2B Tech News | 1 years ago          

IndiGo Faces Nationwide Network Outage, Disrupting Flights and Ground Services

The biggest lowcost carrier in India, IndiGo, had a significant network failure on Saturday that affected ground operations and aircraft operations na

The biggest lowcost carrier in India, IndiGo, had a significant network failure on Saturday that affected ground operations and aircraft operations nationwide. Long delays and passenger stranding at airports were caused by technical problems that affected the airlines website and booking processes. On social media, angry travellers expressed their grievances. Some likened the crowded airport environment to that of train stations. Despite the "temporary system slowdown," IndiGo promised to work to get services back up and running. With 62.4% of the Indian aviation industry, the airline is still the market leader despite the loss. Although this interruption demonstrates issues in combining technical infrastructure with expanding operations, domestic flight traffic climbed 6% year over year in August, demonstrating IndiGos rising impact. Read More..

B2B Tech News | 1 years ago          

CloudSEK Unveils Advanced Deep Fake Detection Tool, Aimed at Tackling Cyber Threats

To combat cybercrime and raise cybersecurity awareness during National Cyber Security Awareness Month NCSAM, CloudSEK has unveiled its cuttingedge Dee

To combat cybercrime and raise cybersecurity awareness during National Cyber Security Awareness Month NCSAM, CloudSEK has unveiled its cuttingedge Deep Fake Detection Technology, now available for free. Using a variety of analysers, including face coherence, texture uniformity, audio, and video, the technique determines a fakeness score that allows it to detect faked stuff. Phishing schemes, financial frauds, and disinformation operations have already been exposed using CloudSEKs Deep Fake Analyser. The technology tackles deep false concerns in industries like government, healthcare, and BFSI by focussing on threats like misinformation, election meddling, and video KYC fraud. Through this program, companies will be better protected against the rising threat of deep fakes and can withstand cyberattacks. Read More..

B2B Tech News | 1 years ago          

Samsung Unveils Passkey Support and Expanded Knox Matrix Security at SDC 2024

At the 2024 Developer Conference, Samsung stated that Passkey compatibility for its TVs and home appliances will be rolling out, improving consumer se

At the 2024 Developer Conference, Samsung stated that Passkey compatibility for its TVs and home appliances will be rolling out, improving consumer security and convenience. Samsungs Tizenpowered TVs and AIpowered appliances will support Passkeybased signins, beginning with models in 2025. The business has added other devices, including TVs, to its blockchainbased security system, Knox Matrix. With SmartThings updates, Home Insight was made available, which evaluates data in realtime to improve home experiences. Additionally, to enhance connection and AI capabilities, Samsung included SmartThings Hub in its screenequipped products. Additionally, Samsung announced collaborations to enhance home security via the SmartThings Door Lock feature. AI capabilities for the Tizen OS will include enhanced TV sound control and customised user interfaces. Read More..

B2B Tech News | 1 years ago          



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