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Toyota Labor Union Seeks Record Annual Bonus Equivalent to 7.6 Months of Pay

According to reports, the labour union representing Toyota is planning to seek its highest yearly bonus to date, which would be 7.6 months of salary i

According to reports, the labour union representing Toyota is planning to seek its highest yearly bonus to date, which would be 7.6 months of salary instead of the previous record of 7.2 months. The demand results from Toyotas prediction that the fiscal year ending in March 2024 would see recordbreaking consolidated operating earnings of 4.5 trillion yen $30.45 billion. It is also anticipated that the union will pursue sizable monthly wage increases. Major Japanese companies have already declared their intention to increase pay compared to the previous year. The Bank of Japan views the pay negotiations as critical to ending monetary stimulus as they are the means of attaining sustainable inflation and wage growth. Read More..

B2B Tech News | 2 years ago          

Intels Shares Plummet 12% on Disappointing Q1 Revenue Outlook

Following a dismal revenue projection for the first quarter, Intels shares fell by around 12%, potentially resulting in a $25 billion loss in market v

Following a dismal revenue projection for the first quarter, Intels shares fell by around 12%, potentially resulting in a $25 billion loss in market value. The chipmaker needs help keeping up in the AI race and the traditional computer sectors. There are worries that Intel is lagging in the data centre artificial intelligence race due to a slowdown in sales of its core processor chips for PCs and laptops. Although Nvidias AI chips are utilised with Intel CPUs, the business needs to be competitive in the market for AIspecific processors. The gloomy forecast hit the shares of other chipmakers, such as Nvidia, Advanced Micro Devices, Qualcomm, and Micron Technology. Read More..

B2B Tech News | 2 years ago          

Critical Security Vulnerability Fixed in Cisco Unified Communications Solutions

A significant security vulnerability CVE202420253 in Ciscos Unified Communications and Contact Centre Solutions products has been fixed with patches.

A significant security vulnerability CVE202420253 in Ciscos Unified Communications and Contact Centre Solutions products has been fixed with patches. An unauthorised remote attacker may be able to run arbitrary code on a compromised device thanks to this vulnerability. The problem stems from the incorrect handling of data supplied by the user, which makes it possible for a threat actor to transmit a carefully constructed message to a listening port. If the attack is successful, the underlying operating system may be able to execute arbitrary instructions with the rights of the web services user. Cisco suggests that customers block access by implementing access control lists ACLs or applying the updates as soon as possible. Read More..

B2B Tech News | 2 years ago          

Meta Boosts Safeguards for Teenage Users on Instagram and Messenger

Facebooks parent firm, Meta Platforms, is strengthening security measures to shield adolescent users from unsolicited direct messages. Meta is alterin

Facebooks parent firm, Meta Platforms, is strengthening security measures to shield adolescent users from unsolicited direct messages. Meta is altering default settings in response to heightened regulatory scrutiny and worries about the safety of teenagers using its services. Instagram users that teens do not follow or are not linked to by default will no longer send them direct messages. Modifying specific app settings will require parental consent. Likewise, on Messenger, messages from Facebook friends or phone contacts are the sole sources of communication for users under 16 and those under 18 in particular regions. Teens who follow them can only be messaged by people over 19. Read More..

B2B Tech News | 2 years ago          

AWS Announces $10 Billion Investment in Mississippi Data Centers

Amazon Web Services AWS will spend ten billion dollars to construct two data centre complexes in Mississippi. The decision was made in response to the

Amazon Web Services AWS will spend ten billion dollars to construct two data centre complexes in Mississippi. The decision was made in response to the growing demand for cloud services, especially for artificial intelligence AI technology. At least 1,000 new employees will be created by AWS when it establishes several data centre units in Madison County industrial parks. This news comes after AWS invested $15 billion in Japan recently. The growth aligns with a more significant trend of big cloud providers, including Google Cloud and Microsoft Azure, investing more in cloud infrastructure to fulfil the growing demand for cloud services and AI research. Read More..

B2B Tech News | 2 years ago          

NSA Purchases Americans Internet Browsing Data Without Warrant

In a letter to Senator Ron Wyden, Director of the National Security Agency NSA Paul Nakasone disclosed that the agency buys internet traffic data from

In a letter to Senator Ron Wyden, Director of the National Security Agency NSA Paul Nakasone disclosed that the agency buys internet traffic data from commercial brokers in the United States without obtaining a warrant. The information, which may include data related to electronic devices used within and outside the United States, is vital for national security and cybersecurity operations, according to the letter, which was made public on December 11. Citing possible privacy concerns and the requirement for compliance with FTC guidelines, Wyden called on intelligence officials to stop utilising Americans data without their knowledge or approval. Minimising the gathering of personal data about Americans was a priority for the NSA. Read More..

B2B Tech News | 2 years ago          

U.S. Secretary of State Blinken Visits Côte dIvoire as Part of Africa Tour

During his trip to Africa, U.S. Secretary of State Antony Blinken stopped in Côte dIvoire and thanked the nation for its efforts to combat extremism.

During his trip to Africa, U.S. Secretary of State Antony Blinken stopped in Côte dIvoire and thanked the nation for its efforts to combat extremism. He announced increased financing for those governments through the tenyear U.S. Strategy to Prevent Conflict and Promote Stability for Coastal West African governments, totalling an unknown sum. The help, a portion of a roughly $300 million investment spread over two years, is meant to improve security and stability. President Alassane Ouattara emphasised their productive conversation and the difficult regional circumstances, including coups in nearby West African nations. The objectives of Blinkens Africa visit are to fortify alliances, tackle local problems, and advance stability. Next up are Angola and Nigeria. Read More..

B2B Tech News | 2 years ago          

Mapletree Logistics Trust Reports 1.5% YoY Increase in Q3 Net Property Income

In the third quarter of FY23/24, Mapletree Logistics Trust MLT reported a 1.5% yearoveryear net property income NPI growth to $159.5 million. More exc

In the third quarter of FY23/24, Mapletree Logistics Trust MLT reported a 1.5% yearoveryear net property income NPI growth to $159.5 million. More excellent contributions from acquisitions in Japan, South Korea, and Australia, as well as from alreadyexisting properties in Singapore, were the leading causes of the higher NPI and the 2.1% YoY rise in gross revenue to $184 million. The rise was, however, somewhat offset by worse performance in China and the lack of income from selling or redeveloping assets. The outcomes of MLT were also impacted by the devaluation of several currencies relative to the Singapore Dollar. Revenue and NPI would have increased by 4.8% and 4.1% YoY, respectively, on a constant currency basis. Read More..

B2B Tech News | 2 years ago          



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