Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

Hyundai Motor Group Unveils $51 Billion Investment Plan for Electric Vehicles and Mobility Ventures

In addition to recruiting 80,000 additional staff, Hyundai Motor Group announced a significant investment of 68 trillion won $51 billion over three ye

In addition to recruiting 80,000 additional staff, Hyundai Motor Group announced a significant investment of 68 trillion won $51 billion over three years to bolster its position in electric cars EVs and new mobility endeavours. Around 35.5 trillion won, or more than half of the investment would go towards EV assembly lines and R&D facilities. An additional 31.1 trillion won will go towards EVrelated research, including battery and softwaredefined vehicle development. Of the 44,000 new workers, the bulk will work to advance future business sectors, including carbon neutrality, softwaredefined vehicles, and electrification. This investment demonstrates Hyundai Motor Groups dedication to innovation and environment friendly mobility solutions. Read More..

B2B Tech News | 1 years ago          

Robinhood Launches New Credit Card for Robinhood Gold Subscribers

A new credit card that is only available to Robinhood Gold users was introduced by Robinhood Markets, indicating a deliberate move outside of its prim

A new credit card that is only available to Robinhood Gold users was introduced by Robinhood Markets, indicating a deliberate move outside of its primary trading operation. With this move, it hopes to strengthen its products at the premium tier and expand into the more significant personal finance sector. The card intends to attract consumers seeking value and financial ease with features including no annual fees, 0% international transaction costs, and significant cashback returns of up to 3%, plus 5% on reservations through Robinhoods travel platform. Robinhood aims to increase its income streams and reduce market volatility by broadening its range of products. Encouraged by its recent positive financial performance, which included a surprise profit fueled by higher interest revenue and trading activity, the business plans to roll out more broadly later this year. Read More..

B2B Tech News | 1 years ago          

Visa and Mastercard Reach $30 Billion Settlement to Lower Credit and Debit Card Fees

A historic $30 billion settlement between Visa and Mastercard aims to reduce credit and debit card fees for retailers, which might result in cheaper c

A historic $30 billion settlement between Visa and Mastercard aims to reduce credit and debit card fees for retailers, which might result in cheaper costs for customers. Subject to court approval, this antitrust settlement intends to resolve 2005era charges that the card networks imposed onerous antisteering regulations and exorbitant swipe costs. Visa and Mastercard have agreed to remove antisteering clauses, lower swipe rates, and cap fees for several years. Both firms acknowledge the importance of the agreement in resolving issues brought up by small businesses, even if they deny any misconduct. It is anticipated that certain retailers would object, though, as they could feel the settlement does not sufficiently resolve longstanding fee discrepancies. Read More..

B2B Tech News | 1 years ago          

Rakuten India Warns Against Fraudulent Scheme Role Exploiting Brand Identity

Rakuten India Enterprise Pvt. Ltd. has released a warning regarding a fraudulent scheme being carried out under the pretence of "Role," taking advanta

Rakuten India Enterprise Pvt. Ltd. has released a warning regarding a fraudulent scheme being carried out under the pretence of "Role," taking advantage of the Rakuten Group Inc. brand and leadership identities. Targeting more than 17,000 users, the fraud circulates via messaging services such as Telegram and WhatsApp. It fools people by sending false invites to a fictitious workplace tour from April 1 to April 3. Due to the circulation of fictitious documents and invites that include Rakuten Indias office address, the company advises people to exercise caution and report any suspicious activity to the relevant authorities. Rakuten India emphasises that it does not solicit money or personal information donations and that no events are planned at its Indian headquarters within the specified time frame. Rakuten India has responded by submitting a First Information Report FIR to the Cyber Crime Police and starting an extensive investigation to combat these fraudulent activities. Read More..

B2B Tech News | 1 years ago          

Apple Sets Dates for WWDC, Promising Focus on iOS Updates and Potential AI Partnerships

From June 10 to June 14, Apple will hold its Worldwide Developers Conference WWDC, emphasising iOS improvements amid rumours of significant operating

From June 10 to June 14, Apple will hold its Worldwide Developers Conference WWDC, emphasising iOS improvements amid rumours of significant operating system changes and possible AI collaborations. For a limited number of developers and students, the event will be accessible online and feature inperson attendance at Apple Park on the opening day. Investors expect Apple to continue developing AI technology since the business wants to integrate technology into its products. Plans call for improving the customisation of the iPhone home screen in iOS 18 and leveraging Googles Gemini for chatbots. This coincides with sluggish iPhone sales and recent advances, such as the Vision Pro mixed reality headset presented during the conference last year. Read More..

B2B Tech News | 1 years ago          

Elon Musk Expands Access to xAIs Chatbot Grok for All Premium Subscribers of X

Elon Musk declared that all X previously Twitter premium users will have access to Grok, the chatbot developed by xAI. This move, previously exclusive

Elon Musk declared that all X previously Twitter premium users will have access to Grok, the chatbot developed by xAI. This move, previously exclusive to Premium+ members, attempts to lessen the platforms reliance on advertising income in light of changing market conditions. Musk decided in response to worries over OpenAIs purpose change, having previously stated that xAI will opensource Grok. Musk hopes to promote experimentation by granting unrestricted access to the code. By using opensource AI models, this action places xAI in line with major industry participants like Meta and Mistral. Musks tactical change highlights a more significant trend in the social media industry towards subscriptionbased income models, even though implementation details are unknown. Read More..

B2B Tech News | 1 years ago          

WhatsApp Leak Suggests Plans for International Payments via UPI

According to a leak from tipster @AssembleDebug on X, WhatsApp may allow foreign payments for Indian users via its inapp UPI service. Thanks to this s

According to a leak from tipster @AssembleDebug on X, WhatsApp may allow foreign payments for Indian users via its inapp UPI service. Thanks to this service, users with Indian bank accounts can transfer money to a few chosen foreign retailers. Users may specify start and end dates for the service by selecting the "International payments" option in the Payments menu, according to the leaked images. The UPI PIN must be entered to activate. International payments made over UPI typically expire after a while and require human reactivation in the case of WhatsApp, this may happen every three months. Although rivals such as Google Pay provide extended transaction durations, WhatsApps recent action may increase customers using its financial service for overseas payments. Were waiting for official word from WhatsApp. Read More..

B2B Tech News | 1 years ago          

The New Development Bank Plans $5 Billion in Loans for 2024

Zhou Qiangwu, vice president of the New Development Bank NDB, which the BRICS group of developing nations founded, says the bank plans to lend around

Zhou Qiangwu, vice president of the New Development Bank NDB, which the BRICS group of developing nations founded, says the bank plans to lend around $5 billion this year. Speaking at the yearly Boao Forum, Zhou stated that while the banks operations were somewhat affected by the pandemic, they are already operating normally again. Zhou mentioned that China and India have gotten more investment than other member nations. Still, he did not elaborate on how this has influenced the banks operations. The BRICS countries of Brazil, Russia, India, China, and South Africa founded the NDB in 2015 its headquarters is in Shanghai. Zhou also stated that he believed Chinas GDP would expand by around 5% this year, aligning with the governments goal. Read More..

B2B Tech News | 1 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   15301   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12787   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13148   

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.
   12896   

5.  Approximately 8 billion gadgets connect on the internet every day.
   15988   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.