Header-template

 Global News

Subscribe our Newsletter

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

HEADLINES

Atlassian Beats Revenue Expectations with 21% Growth in Q2

The company that makes corporate software, Atlassian, reported revenue for the second quarter of 2021 that was 21% more than projected, coming in at $

The company that makes corporate software, Atlassian, reported revenue for the second quarter of 2021 that was 21% more than projected, coming in at $1.06 billion. The spike aided the impressive success in demand for its artificial intelligence solutions brought on by companies digitising their processes and moving to the cloud. Earnings per share for the corporation in the second quarter were 73 cents, more than the expected 62 cents. With over 300,000 users, Atlassian offers software for project and planning called Jira and content creation tools called Confluence. The business expects sales for the third quarter to be between $1.09 billion and $1.11 billion, more than the $1.07 billion predicted by the market. Read More..

B2B Tech News | 2 years ago          

Tunisia Seeks Direct Purchase of $2.25 Billion in Bonds from its Central Bank

Tunisia is contemplating borrowing billions from its central bank in an unprecedented effort to address budget shortfalls and its economic problems. T

Tunisia is contemplating borrowing billions from its central bank in an unprecedented effort to address budget shortfalls and its economic problems. To address a $3.2 billion budget gap, the government has asked the central bank to buy interestfree bonds up to a $2.25 billion value directly. Nonetheless, worries have been expressed over the possible effects on inflation, the independence of the central bank, and the trust of foreign lenders and investors. Tunisia has difficulty borrowing money from conventional lenders, such as the International Monetary Fund IMF, whose proposed $1.9 billion rescue is currently on hold. Experts caution that this might increase the danger of inflation and damage the central banks reputation Read More..

B2B Tech News | 2 years ago          

SK Hynix Eyes Indiana for StateoftheArt Facility in U.S. Expansion

It has been claimed that SK Hynix intends to build a stateoftheart factory in Indiana, USA. This new packaging factory in the United States, which spe

It has been claimed that SK Hynix intends to build a stateoftheart factory in Indiana, USA. This new packaging factory in the United States, which specialises in stacking regular Dynamic RandomAccess Memory DRAM chips to generate HighBandwidth Memory HBM chips, is one of the investment alternatives the South Korean chipmaker is considering. Afterwards, Nvidias Graphic Processing Units GPUs will be combined with these HBM chips. HBM chips are made by SK Hynix in South Korea and transported to Taiwan by Taiwan Semiconductor Manufacturing Company TSMC so that Nvidia may include them in its GPUs. The action is a component of SK Hynixs plan to strengthen its position in the American market. Read More..

B2B Tech News | 2 years ago          

Nvidia Targets Chinese Market with AI Chip H20 Amid U.S. Export Bans

To circumvent American export restrictions on highend chips, Nvidia has started taking preorders for its new Artificial Intelligence AI processor, the

To circumvent American export restrictions on highend chips, Nvidia has started taking preorders for its new Artificial Intelligence AI processor, the H20, explicitly designed for China. Nvidia is attempting to serve the Chinese market with the H20 in response to limitations imposed to impede Chinas use of artificial intelligence and cuttingedge computers for military applications. The price of the H20 from Chinese distributors is comparable to that of Huaweis Ascend 910B, Chinas most affordable AI chip. As it deals with US sanctions, Nvidia is tackling the growing rivalry from local competitors. Small batch deliveries of the H20 are anticipated in Q1 2024. Read More..

B2B Tech News | 2 years ago          

Cloudflare Repels Advanced Hacker Group, Limited Impact Reported

Internet services provider Cloudflare disclosed that it stopped a highly skilled group of hackers from trying to get into its worldwide network in lat

Internet services provider Cloudflare disclosed that it stopped a highly skilled group of hackers from trying to get into its worldwide network in late November. The hackers could obtain a small quantity of source code and some documentation, but Cloudflare claimed that the intrusions operational impact was "minimal." According to the corporation, a nationstate actor launched the attack to obtain extensive and continuous access to its worldwide network. To resolve the incident, Cloudflare worked with cybersecurity company CrowdStrike, and on November 24, 2023, the final indication of threat activity was found. The FBI and CISA did not immediately respond to the incident. Read More..

B2B Tech News | 2 years ago          

Meta Platforms to Roll Out "Artemis" AI Chip for Data Centers

To assist its Artificial Intelligence AI projects, Facebooks parent company, Meta Platforms, plans to install its secondgeneration custom processor, "

To assist its Artificial Intelligence AI projects, Facebooks parent company, Meta Platforms, plans to install its secondgeneration custom processor, "Artemis," in data centres this year. The goal of the move is to lessen reliance on Nvidia processors and manage the rising expenses linked to AI workloads, as Meta works to include generative AI solutions throughout its hardware and platform portfolio. The device is expected to be used with commercially available Graphics Processing Units GPUs. By employing its processor, meta may save billions on chip purchases and hundreds of millions on annual energy bills. Mark Zuckerberg, the CEO of Meta, has announced plans to purchase over 350,000 Nvidia "H100" processors before the end of the year. Read More..

B2B Tech News | 2 years ago          

El Salvador Confirms Bitcoin Will Remain Legal Tender Despite IMFs Request

During President Nayib Bukeles second term, El Salvadors Vice President, Felix Ulloa, stated that Bitcoin would continue to be accepted as legal money

During President Nayib Bukeles second term, El Salvadors Vice President, Felix Ulloa, stated that Bitcoin would continue to be accepted as legal money in the nation. Following a request from the International Monetary Fund IMF that El Salvador "reconsider" the acceptance of Bitcoin during loan talks, this declaration was made. According to Ulloa, the government is confident about its decision, strengthened by the recent approval of U.S.listed ExchangeTraded Funds ETFs that track Bitcoin by the Securities and Exchange Commission SEC. In September 2021, El Salvador became the first nation to recognise Bitcoin as legal money. Read More..

B2B Tech News | 2 years ago          

Qualcomms Q2 Profit Forecast Tops Estimates, But China Android Sales Raise Concerns

With revenues in line with market forecasts, Qualcomm has projected a fiscal secondquarter profit somewhat higher than Wall Street predictions. Meanwh

With revenues in line with market forecasts, Qualcomm has projected a fiscal secondquarter profit somewhat higher than Wall Street predictions. Meanwhile, investors are worried about Qualcomms Android sales in China since the company anticipates flat chip sales in the area for the second quarter of the current fiscal year. This gave rise to conjecture that Qualcomm could be losing market share in China to competitors. Due to limits on U.S. exports, Huawei is the sole business employing Qualcomm for 4G phones. Additionally, Taiwans MediaTek threatens Qualcomms supremacy in mid and premiumtier Android phones. Read More..

B2B Tech News | 2 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.
   13178   

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.
   12925   

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.