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Mozilla Faces Legal Challenge from NOYB, Accused of Tracking Users Without Consent

The Firefox browser allegedly tracks user behaviour without permission, according to a complaint against Mozilla that the Viennabased digital rights o

The Firefox browser allegedly tracks user behaviour without permission, according to a complaint against Mozilla that the Viennabased digital rights organisation NOYB filed with Austrias data protection authorities. The "privacypreserving attribution" function of Mozilla, according to privacy campaigner Max Schrems group NOYB, turns Firefox into a tracking tool by default, breaking EU privacy rules. In defence of the function, Mozilla said it provides an alternative to intrusive crosssite monitoring by assisting websites in evaluating adverts without collecting personal information about specific users. However, NOYB maintains that consumers ought to be informed and given a choice, advocating for the removal of data that has been handled illegally and an optin system. In the past, NOYB has complained against Google and other major tech companies. Read More..

B2B Tech News | 1 years ago          

Finance Minister Pushes for Interest Rate Cut as Thailand Considers Economic Recovery Measures

Next week, the Thai government and central bank will discuss the countrys inflation target and the strong baht. Finance Minister Pichai Chunhavajira w

Next week, the Thai government and central bank will discuss the countrys inflation target and the strong baht. Finance Minister Pichai Chunhavajira will emphasise the necessity of an interest rate drop. This assessment comes in the wake of ongoing government pressure on the Bank of Thailand to reduce interest rates from a peak of 2.50% set a decade ago to spur economic recovery in the wake of the epidemic. Augusts inflation rate was a mere 0.35%. To stimulate consumer spending, the government is also considering raising the minimum wage to 400 baht $12 by years end. A Thai business association has also called for steps to stabilise the baht, which has gained 13% since April compared to the US dollar, perhaps hurting exports and travel. Read More..

B2B Tech News | 1 years ago          

Nippon Steel Plans Share Sale in Posco Holdings Amid $14.9 Billion U.S. Steel Acquisition Strategy

As part of its effort to increase asset efficiency, Nippon Steel, based in Japan, announced that it will sell 2.9 million shares in Posco Holdings, a

As part of its effort to increase asset efficiency, Nippon Steel, based in Japan, announced that it will sell 2.9 million shares in Posco Holdings, a company based in South Korea. We will reveal later on the timing of this sale and how it is anticipated to affect the financial performance. This action aligns with Nippon Steels overarching goal of managing debt in advance of its ambitious $14.9 billion acquisition of U.S. Steel by dumping at least $211 million in assets during this fiscal year. Nippon Steel, the biggest steel manufacturer in Japan, wants to improve its financial standing while taking advantage of significant investment prospects. Read More..

B2B Tech News | 1 years ago          

JPMorgan Sees Growth Potential in India and Japan, Eyes Southeast Asia Amid China Plus One Strategy

As a result of the "China Plus One" policy, JPMorgan is bullish about investment prospects in Japan and India. The company is also keeping an eye on S

As a result of the "China Plus One" policy, JPMorgan is bullish about investment prospects in Japan and India. The company is also keeping an eye on Southeast Asia. JPMorgans CEO for Asia Pacific, Sjoerd Leenart, emphasised Indias development potential and said the bank is improving its operations by investing in technology and hiring more bankers. He sees a 30% increase in JPMorgans commercial banking division, focusing on midsized Indian businesses. However, for India to fully benefit from the "China Plus One" approach, he underlined the necessity of fortifying its industrial environment. With favourable lending rates, corporate activity is rising in Japan and creating new opportunities. Leenart also talked about the banks growing footprint in China and its intentions to participate in Southeast Asias $3 trillion economy despite its fragmentation. Read More..

B2B Tech News | 1 years ago          

BNP Paribas Boosts Assets to Over €40 Billion with HSBC Private Banking Acquisition

BNP Paribas has announced that it has acquired the German private banking division of HSBC to grow into the wealth management space. BNP Paribass asse

BNP Paribas has announced that it has acquired the German private banking division of HSBC to grow into the wealth management space. BNP Paribass assets under management would reach over €40 billion $44.64 billion following the purchase, which is anticipated to be completed in the second quarter of 2025. BNP CEO Vincent Lecomte said the purchase would strengthen the banks standing as a significant participant in private banking throughout the eurozone. The action above is consistent with HSBCs recent emphasis on Asia and its endeavours to optimise its operations by disengaging from many Western markets, such as the United States, France, and Canada, to concentrate on its fundamental competencies. Read More..

B2B Tech News | 1 years ago          

Vietnam and U.S. Firms Forge Strategic Partnerships in Energy, AI, and Data Centers

As the Vietnamese government revealed, multiple Memorandums of Understanding MoUs have been inked by American and Vietnamese companies to work togethe

As the Vietnamese government revealed, multiple Memorandums of Understanding MoUs have been inked by American and Vietnamese companies to work together on energy, AI, and data centre development. The agreements were finalised during a business forum in the United States. They include a partnership on AI and data centres between Sovico Group and Supermicro, an LNG cooperation between PetroVietnams PTSC and Excelerate Energy, and an energy technology transfer agreement between PetroVietnam and Kellogg Brown & Root. Vietjet has further signed a $1.1 billion deal with Honeywell Aerospace Technologies to ensure avionics and technical services for its fleet. At the meeting, Vietnamese President To Lam asked to be recognised as a market economy and pledged to encourage US investment in his country. Read More..

B2B Tech News | 1 years ago          

Airtel Business and Cisco Launch CloudBased SDBranch for Enterprise Connectivity

Bharti Airtels B2B business, Airtel Business, has partnered with Cisco to introduce the Airtel SoftwareDefined SD Branch, an enterprise cloud network

Bharti Airtels B2B business, Airtel Business, has partnered with Cisco to introduce the Airtel SoftwareDefined SD Branch, an enterprise cloud network solution. The Cisco Meraki platform powers the SDBranch, allowing centralised control over LAN, WAN, security, and connectivity at many sites. Businesses benefit from increased flexibility and control, improved application performance, and simplified network management. The CEO of Airtel Business, Sharat Sinha, stressed that the solution prioritises essential business objectives above IT administration. This service is designed for industries like retail, finance, and healthcare and offers scalable, secure, and effective connectivity solutions thanks to Ciscos experience in secure networking. The solution addresses the increasing need for dependable network infrastructure in todays hybrid work environment. Read More..

B2B Tech News | 1 years ago          

BingX Suffers Major Cyberattack, Loses Over $44 Million in Cryptocurrency Theft

According to the report, the hot wallet of Singaporean cryptocurrency platform BingX was compromised, leading to the loss of more than $44 million. Bl

According to the report, the hot wallet of Singaporean cryptocurrency platform BingX was compromised, leading to the loss of more than $44 million. Blockchain security companies discovered the hack for the first time on Thursday night. BingX then announced a temporary withdrawal freeze, blaming "wallet maintenance." BingX responded by implementing emergency protocols, including asset transfers and withdrawal suspensions. Subsequently, BingX stated that the costs are still being estimated, with possible losses reaching up to $48 million. In addition to working with security companies SlowMist and Chainalysis to track down the stolen assets and freeze $10 million so far, BingX promised to reimburse the losses using company cash ultimately. Read More..

B2B Tech News | 1 years ago          



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