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LinkedIn, Owned by Microsoft, Restores Normal Operations After Outage

After a brief outage that impacted thousands of users, Microsoft owns LinkedIn. The social media platform has resumed regular operations. In the Unite

After a brief outage that impacted thousands of users, Microsoft owns LinkedIn. The social media platform has resumed regular operations. In the United States, there were nearly 48,000 complaints of outages at its height. Downdetector.com, an outage tracking service, kept an eye on these interruptions. LinkedIn confirmed the problems earlier on Wednesday and said an inquiry was underway. This event comes after a more significant outage that affected hundreds of thousands of users globally on Tuesday for more than two hours on Facebook and Instagram, which Meta owns. Read More..

B2B Tech News | 1 years ago          

Temasek Holdings Considers Investment in OpenAI, Backed by Microsoft

Temasek Holdings in Singapore is considering investing in Microsoftbacked artificial intelligence startup OpenAI. Sam Altman, the CEO of OpenAI, met w

Temasek Holdings in Singapore is considering investing in Microsoftbacked artificial intelligence startup OpenAI. Sam Altman, the CEO of OpenAI, met with Temasek executives to express possible interest in the business. In recent talks, Temaseks attention has turned from Altmans venture capital firm, Hydrazine Capital, to OpenAI. This possible investment comes after news surfaced that Altman was looking for extensive finance for factories producing AI chips. The popularity of OpenAIs ChatGPT technology has led to increased investments in AIrelated fields. Thrive Capital, Sequoia Capital, and Khosla Ventures are a few wellknown OpenAI investors. OpenAI was valued at more than $80 billion in a recent transaction. Roblox, Tencent, Alibaba, and other notable internet businesses are part of Temaseks impressive portfolio. Temasek is wellknown for its aggressive investments in the industry. Read More..

B2B Tech News | 1 years ago          

Tether Reaches $100 Billion in Circulation, Sparking Regulatory Concerns

As Tethers market value approaches $100 billion, worries about possible threats to the financial system surface. In cryptocurrency, the stablecoin, ba

As Tethers market value approaches $100 billion, worries about possible threats to the financial system surface. In cryptocurrency, the stablecoin, backed by dollar reserves, makes swift financial transfers possible. However, because of its systemic significance in the cryptocurrency space, its rapid expansion causes regulatory concerns. Regulators worry that withdrawals from stablecoin reserves might disrupt traditional banking. Tether uses the advantages of financial inclusion and its attempts to comply with regulations to support its worth. Despite the companys claims, analysts warn about Tethers concentration risk and lack of reserve transparency. Although Tethers stability has been demonstrated in the past, concerns remain over its regulatory supervision and the possible consequences of any future interruptions. Read More..

B2B Tech News | 1 years ago          

Russian Subcommittee Approves Acquisition of Yandexs Russian Business

The purchase of 96.3% of Yandex NVs Russian company by a group of Russian investors has been approved by a subcommittee of the Russian government comm

The purchase of 96.3% of Yandex NVs Russian company by a group of Russian investors has been approved by a subcommittee of the Russian government commission for control over foreign investments. With a valuation of 521 billion dollars or 475 billion roubles, the purchase is the most significant business departure from Russia since the invasion of Ukraine. Consortium.first, the acquirer is led by trustee Solid Management and consists of financial investors such as Argonaut, which Lukoil and top management personnel from Yandex ultimately control. With this action, control of "Russias Google" has significantly shifted to domestic firms. Read More..

B2B Tech News | 1 years ago          

Ghana Warned of Potential Loss of $3.8 Billion in Financing Over AntiLGBTQ Bill

A measure that would discriminate against LGBTQ people might cost Ghanas finance ministry up to USD$3.8 billion in lost foreign funding over five or s

A measure that would discriminate against LGBTQ people might cost Ghanas finance ministry up to USD$3.8 billion in lost foreign funding over five or six years if President Nana AkufoAddo approves it. The law, which Parliament approved with a unanimous vote, makes it illegal to support or engage in LGBTQ activities and carries jail time as a penalty. The ministry highlights negative impacts on exchange rate stability and foreign currency reserves. It recommends enlisting conservative local forces to explain the ramifications for the economy and back essential development projects. International rights organisations and activists oppose the measure, claiming it goes against the fundamentals of equality and human rights. Read More..

B2B Tech News | 1 years ago          

Vietnam and Australia to Sign MoU on Energy and Mineral Cooperation

A Memorandum of Understanding MoU on energy and mineral cooperation will be signed by Vietnam and Australia during the visit of Vietnamese Prime Minis

A Memorandum of Understanding MoU on energy and mineral cooperation will be signed by Vietnam and Australia during the visit of Vietnamese Prime Minister Pham Minh Chinh to Melbourne, according to an announcement by the Ministry of Industry and Trade of Vietnam. The two nations cooperation in the energy and mining industries will be improved under the MoU. In particular, the deal will make it easier for Australia to export coal and LNG to Vietnam. Australia now supplies 44% of Vietnams total coal imports, making it a significant coal supplier. This alliance emphasises how crucial bilateral cooperation is to supplying Vietnams energy demands and advancing the two countries economic relations. Read More..

B2B Tech News | 1 years ago          

Numbers Station Launches CloudBased Product for Data Analytics

A firm called Numbers Station has released Numbers Station Cloud, its first cloudbased solution currently available for early access. Numbers Station

A firm called Numbers Station has released Numbers Station Cloud, its first cloudbased solution currently available for early access. Numbers Station uses Large Language Models LLMs for its data analytics platform. Numbers Station concentrates on comprehending a companys data structure and vocabulary, unlike comparable solutions that translate queries into SQL. Business leaders may ask queries on the platform and get responses from structured data, according to cofounder Chris Aberger. The semantic catalogue of the platform customised for every organisation, guarantees congruence between model descriptions and organisational lingo. Ines Chami, Chief Scientist, highlights the difficulty in developing a knowledge representation that models can use efficiently. Launching the chat service today, Numbers Station plans to develop a more comprehensive AI analytics platform to tackle a range of data issues. Read More..

B2B Tech News | 1 years ago          

Meta Confirms Restoration of Facebook and Instagram Services After Global Outage

Facebook and Instagrams parent company, Meta, has announced that its services have been restored after a significant twohours worldwide outage. Metas

Facebook and Instagrams parent company, Meta, has announced that its services have been restored after a significant twohours worldwide outage. Metas director of communications, Andy Stone, apologised to users for any discomfort the disruption had caused and reassured them that the technical problem had been fixed as soon as possible. Users worldwide had access issues to Facebook and Instagram due to the outage. After restoring services, users expressed relief and thanks for quickly resolving the situation. The outage caused numerous problems, including Instagram feed refresh issues, login difficulties, and the Threads apps entire shutdown. Reports on DownDetector surged rapidly during the outage. Meta acknowledged the service disruption through a tweet from Stone, stating that they were aware of the issues and working to resolve them. 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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