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U.S. Plans Subsidies for Intel, TSMC, and Others in Semiconductor Boost

The Biden administration anticipates announcing billiondollar subsidies for semiconductor businesses, such as Intel and Taiwan Semiconductor Manufactu

The Biden administration anticipates announcing billiondollar subsidies for semiconductor businesses, such as Intel and Taiwan Semiconductor Manufacturing Co TSMC, to encourage the development of new chip manufacturers in the United States. The subsidies aim to increase the production of cuttingedge semiconductors essential for defence systems, cell phones, and artificial intelligence. Executives from the industry who are aware of the discussions expect announcements before President Bidens March 7 State of the Union speech. Intel, TSMC, Samsung Electronics, Micron Technology, Texas Instruments, and GlobalFoundries are among the possible beneficiaries. The subsidies are intended to support U.S. chip manufacturing as part of the "Chips for America" initiative. Read More..

B2B Tech News | 2 years ago          

Ryanair Expects Boeing 737 MAX 10 Certification by YearEnd

Major Boeing client Ryanair hopes the Boeing 737 MAX 10 will be approved by years end and go into service in early 2025. Chief Financial Officer Neil

Major Boeing client Ryanair hopes the Boeing 737 MAX 10 will be approved by years end and go into service in early 2025. Chief Financial Officer Neil Sorahan of Ryanair expressed optimism that certification for the MAX 10 will come about by the end of 2024 and that the first aircraft may go into service in the first quarter of 2025. Ryanair has 150 MAX 10 aircraft with fixed orders and another 150 with options. The biggest model in Boeings 737 MAX series, the 737 MAX 10, is built to carry more people than its predecessors. Read More..

B2B Tech News | 2 years ago          

Microsoft Teams Services Restored Following Temporary Outage

Following an interruption that momentarily prevented users from using the chat app, Microsoft Teams services have been reinstated. Over 14,000 instanc

Following an interruption that momentarily prevented users from using the chat app, Microsoft Teams services have been reinstated. Over 14,000 instances were caused by the outage, reported by customers on Friday, according to the outage tracking website Downdetector.com. Microsoft started taking steps to mitigate a networking issue impacting a portion of the Teams service. The outage affected professionals who use Teams for various tasks, such as setting up virtual meetings and sharing files. After extensive monitoring and mitigating measures, Microsoft certified on Saturday that the service had been restored or had returned to optimal condition. Read More..

B2B Tech News | 2 years ago          

Biden Administration Proposes "Know Your Customer" Regulation for U.S. Cloud Companies

A "know your customer" rule that would force American cloud computing companies to find out if foreign organisations are using American data centres t

A "know your customer" rule that would force American cloud computing companies to find out if foreign organisations are using American data centres to build Artificial Intelligence AI models is being proposed by the Biden administration. U.S. Commerce Secretary Gina Raimondo stressed the necessity of preventing nonstate actors, China, or other undesirable organisations from gaining access to American cloud infrastructure. Under the proposed legislation, cloud firms must ensure that overseas customers are identified through a "knowyourcustomer programme," establish minimum requirements for identifying foreign users, and need yearly compliance certification. The action is a component of the administrations attempts to address national security issues and limit Chinas access to cuttingedge American technologies for AI development. Read More..

B2B Tech News | 2 years ago          

Social Media Platform X Temporarily Blocks Taylor Swift Searches Amid Misinformation

Users are no longer able to search for Taylor Swift on the social media site X previously known as Twitter due to the spread of phoney, sexually graph

Users are no longer able to search for Taylor Swift on the social media site X previously known as Twitter due to the spread of phoney, sexually graphic pictures of the pop star. Swifts name searches returned error messages, and the platform said the step was taken with extreme caution to prioritise safety and was only temporary. The action was taken in response to White House Press Secretary Karine JeanPierres description of the phoney photos as "alarming" and her emphasis on the duty of social media firms to stop the propagation of false information. Swift anticipated attending an NFL playoff game when the search limits were established. Read More..

B2B Tech News | 2 years ago          

China Approves Over 40 AI Models for Public Use in Recent Batch

China allegedly authorised around 40 Artificial Intelligencee AI models for public use in the first half of the year after the licencing procedure was

China allegedly authorised around 40 Artificial Intelligencee AI models for public use in the first half of the year after the licencing procedure was started this is the fourth set of approvals. Last week, 14 Large Language Models LLM were approved by Chinese regulators awardees included Xiaomi, 4Paradigm, and 01. AI. This action reflects Chinas attempts to advance AI technology under supervision and control. In August, Beijing began forcing tech firms to get permission before using their LLMs for public use. Baidu, Alibaba, and ByteDance were among the first to get the goahead. Read More..

B2B Tech News | 2 years ago          

China Evergrande Unit to Sell Stake in Shantou Hengmeng for $19.20 Million

China Evergrande said that one of its subsidiaries has agreed to sell for CNY 137.6 million $19.20 million the entirety of its ownership in Shantou He

China Evergrande said that one of its subsidiaries has agreed to sell for CNY 137.6 million $19.20 million the entirety of its ownership in Shantou Hengmeng Property Development. A joint venture partner in Australia, Redleaf Trading, owns the remaining 65% of Shantou Hengmeng, with Hengda Real Estate Group Yuedong, a unit of Evergrande, controlling the other 65%. With the sale, Evergrande hopes to make around CNY 304 million, which it would utilise to settle its CNY 376 million debt with Shantou Hengyao Property Development. The corporation is attempting to pay off its debts despite its financial difficulties. Read More..

B2B Tech News | 2 years ago          

PayPal Unveils AIDriven Products and OneClick Checkout Feature

PayPals first significant announcement under CEO Alex Chriss is the introduction of new AIdriven goods and a oneclick checkout functionality. Chriss b

PayPals first significant announcement under CEO Alex Chriss is the introduction of new AIdriven goods and a oneclick checkout functionality. Chriss believes that AI presents a vast potential for PayPal, and the new products are meant to capitalise on investors excitement for AI. The business intends to launch a platform that uses AI to assist retailers in reaching out to new clients by using their past purchases. Additionally, retailers can suggest customised products to customers in their email receipts thanks to a programme dubbed "smart receipts" that runs on artificial intelligence. PayPal is also launching new capabilities for Venmo business profiles and Fastlane, a "oneclick" checkout option. Read More..

B2B Tech News | 2 years ago          



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