Header-template

 Global News

Subscribe our Newsletter

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

HEADLINES

OpenAI Launches Sora AI Software Generating Videos from Text Prompts

OpenAI, supported by Microsoft, has released Sora, a program that can create minutelong films in response to written instructions. Currently, Sora may

OpenAI, supported by Microsoft, has released Sora, a program that can create minutelong films in response to written instructions. Currently, Sora may be used creatively and by red teams for filmmakers, designers, and visual artists. It can create complex sequences with several characters and different motion kinds, producing several shots in a single movie. Soras creative potential can also be expanded by animating still photographs. This statement comes after the debut of OpenAIs ChatGPT chatbot in late 2022, which attracted notice for its wide range of features. OpenAI, which competes with Meta Platforms Emu and other tech titans in the generative AI space, recognises that Sora is still under development and is working on tools to verify the authenticity of videos while addressing issues like misunderstanding about spatial detail and restrictions with specific camera trajectories. Read More..

B2B Tech News | 1 years ago          

Apple Plans to Introduce AI Code Completion Tool for Developers, Similar to Microsofts Copilot

It has been rumoured that Apple intends to release a code completion AI tool like Microsofts Copilot. Based on initial comments, this tool—anticipat

It has been rumoured that Apple intends to release a code completion AI tool like Microsofts Copilot. Based on initial comments, this tool—anticipated to be incorporated into Apples Xcode software—would help coders finish lines and blocks of code. Although Xcode is free for developers, submitting an app to Apples app stores costs $99 annually. Apple is also rumoured to investigate additional AI technologies, such as the ability for Apple Music to create playlists automatically and its corporate presentation software to generate slide decks automatically. Additionally, Bloomberg reported improvements to Apples "Spotlight" search function, allowing for greater app integration and control over certain app features. Requests for comments on these stories have not received a response from Apple. Read More..

B2B Tech News | 1 years ago          

JPMorgan Chase and Co JPM.N Faces $350 Million in Civil Penalties for Trading Data Reporting Failures

In a regulatory filing, JPMorgan Chase & Co. JPM.N revealed that it would reimburse authorities for civil fines amounting to about $350 million, for w

In a regulatory filing, JPMorgan Chase & Co. JPM.N revealed that it would reimburse authorities for civil fines amounting to about $350 million, for which it failed to notify surveillance platforms of incomplete trade data. Most of the missing data was related to specific order and trading data from its Corporate and Investment Bank division that needed to be included in its trade monitoring systems. Even though the gaps found only made up a small portion of the total activity, it was noteworthy that one venue—sponsored client access activity—was left out. JPMorgan made it clear that there was no proof of employee wrongdoing or damage to customers or the market. While talks with a third regulator are still underway, the fines are anticipated to settle the issue with two US agencies. Read More..

B2B Tech News | 1 years ago          

Westpac Banking Corp Forecasts Potential Monetary Policy Easing in Australia

Westpac Banking Corp WBC.AX believes that monetary policy in Australia may be eased in the coming year as the countrys economy continues to grow despi

Westpac Banking Corp WBC.AX believes that monetary policy in Australia may be eased in the coming year as the countrys economy continues to grow despite the central banks attempts to control inflation. CEO Peter King stated that a less stringent monetary policy may be possible due to the slowing economy and declining inflationary pressures. The bank reported an unaudited net profit for the first quarter of A$1.5 billion $978.60 million, 6% less than the quarterly average for the previous six months. The bank attributed the reduction to noteworthy items associated with hedge accounting. As demonstrated by its standard equity tier 1 ratio, which stood at 12.3% at Decembers end, Westpac is committed to controlling credit quality and keeping a sound balance sheet despite obstacles, including exposure to the real estate market and growing interest rates. Read More..

B2B Tech News | 1 years ago          

Seven Group Holdings Offers A$1.9 Billion to Acquire Rest of Boral

The building materials group producer Boral BLD.AX has seen a bid of A$1.9 billion $1.24 billion from Australian diversified investor Seven Group Hold

The building materials group producer Boral BLD.AX has seen a bid of A$1.9 billion $1.24 billion from Australian diversified investor Seven Group Holdings SVW.AX, which currently controls approximately 72% of the company. The offer, which includes A$1.50 in cash and 0.1116 Seven Group shares, represents a minimum of A$6.05 per Boral share. It was made public on Monday. With this proposal, Boral is valued at A$6.67 billion $4.35 billion, 3.4% more than its most recent closing price. With Boral restructuring its companies to take advantage of rising government infrastructure programmes, Seven Groups action demonstrates confidence in Australias infrastructure investment boom. Following the announcement, shares of Boral increased 3.7%, while shares of Seven Group decreased 1%. Read More..

B2B Tech News | 1 years ago          

Super Micro Computer Inc SMCI.O Shares Plunge 20% After Record High

After hitting a record high earlier, Super Micro Computer Inc. SMCI.O shares sharply declined, plummeting 20% on Friday. The stock fell from a peak of

After hitting a record high earlier, Super Micro Computer Inc. SMCI.O shares sharply declined, plummeting 20% on Friday. The stock fell from a peak of $1,077.87 to $803.32 after the session, marking the worst oneday percentage decrease since August. Before this, the stock had increased for nine straight days. The fact that SMCI is still far higher than its closing price in 2023, despite this fall, suggests that it has made significant gains in the last year. The stock has received varying levels of analyst coverage. Wells Fargo began coverage with a $960 price target and an "equal weight" rating. At the same time, BofA Global Research offered the highest analyst rating of $1,040 with a buy target. Read More..

B2B Tech News | 1 years ago          

Nintendo Shares Fall 6% Amid Reports of NextGeneration Console Delay

After speculations surfaced suggesting that Nintendos nextgeneration system might not ship later this year but rather in early 2025, the companys stoc

After speculations surfaced suggesting that Nintendos nextgeneration system might not ship later this year but rather in early 2025, the companys stock saw a 6% fall. Although the Kyotobased gaming business has not made an official statement about its future hardware plans, it is widely assumed that it is getting ready to launch a replacement for its venerable Switch system. Despite this delay, Nintendo recently increased its fullyear sales projection for the Switch, highlighting its dedication to maintaining the momentum of its popular hybrid homeportable gadget. At an earnings briefing, Nintendo President Shuntaro Furukawa reiterated this pledge earlier this month. Read More..

B2B Tech News | 1 years ago          

IBM Global AI Adoption Index 2023 Key Findings on AI Deployment in Indian Enterprises

59% of big Indian organisations have actively used AI, while another 27% are investigating its potential applications, according to the IBM Global AI

59% of big Indian organisations have actively used AI, while another 27% are investigating its potential applications, according to the IBM Global AI Adoption Index 2023. Early adopters lead the way, with 74% of these businesses increasing their AI R&D and staff reskilling spending during the previous two years. However, obstacles like the skills gap and ethical reservations prevent AI from being widely used. Unlocking the full potential of AI requires addressing these obstacles, primarily by establishing robust AI governance frameworks and offering pertinent skills. Although the value of reliable AI is becoming more widely acknowledged, organisations still encounter challenges when putting important policies like minimising bias and guaranteeing explainability into practice. Nevertheless, projects centered on automation, improving customer service, and staff reskilling are already reshaping the workforce thanks to artificial intelligence. 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.
   15329   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12809   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13176   

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.
   12924   

5.  Approximately 8 billion gadgets connect on the internet every day.
   16014   



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.