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Google to Invest $1 Billion in New Data Center Near London.

To accommodate the growing demand for internet services in the area, Google intends to invest $1 billion in building a data centre close to London. Th

To accommodate the growing demand for internet services in the area, Google intends to invest $1 billion in building a data centre close to London. The data centre will be located approximately 15 miles north of downtown London, on a 33acre property in Waltham Cross. The investment is in line with Googles plans to develop its infrastructure and promote developing industries like technology and artificial intelligence. It comes after Google spent $1 billion buying an office block in central London in 2022. The UK government sees Googles investment as a "huge vote of confidence" in the nation, highlighting its technological prowess and room for expansion. Read More..

B2B Tech News | 2 years ago          

Reddit Plans IPO Launch in March After Three Years of Consideration

According to reports, social networking giant Reddit will make its first public offering IPO in March after more than three years of deliberation. Wit

According to reports, social networking giant Reddit will make its first public offering IPO in March after more than three years of deliberation. With Pinterests launch in 2019, this would be the first big social media firm to go public. In the IPO, Reddit, projected to be worth $10 billion in 2021, plans to sell around 10% of its shares. The business, wellknown for its specialised discussion groups, mostly makes money from advertising and provides premium access. Despite having yet to profit, Reddit projected that its advertising income will reach just over $800 million by 2023. Read More..

B2B Tech News | 2 years ago          

Novel Campaign Targets Docker Services with 9Hits Viewer and XMRig Malware

Targeting weak Docker services, a new effort is utilising the 9Hits Viewer program along with the Bitcoin miner XMRig. This is the first instance of m

Targeting weak Docker services, a new effort is utilising the 9Hits Viewer program along with the Bitcoin miner XMRig. This is the first instance of malware known to use 9Hits as a payload, underscoring the efforts of threat actors to vary their methods of generating revenue from infected PCs. 9Hits is a traffic exchange service that operates automatically. Members can earn credits by visiting websites other members have requested using the 9Hits Viewer programme. The attackers compromise Docker hosts in this campaign by using the Docker API to create malicious containers and retrieve images from Docker Hub for the 9Hits and XMRig malware. Legitimate workloads are impacted when compromised hosts experience resource fatigue due to the attack. Read More..

B2B Tech News | 2 years ago          

OpenAI Partners with Arizona State University to Bring ChatGPT to Higher Education

With support from Microsoft, OpenAI and Arizona State University ASU have partnered to make ChatGPT Enterprise, a more private and secure version of t

With support from Microsoft, OpenAI and Arizona State University ASU have partnered to make ChatGPT Enterprise, a more private and secure version of the chatbot, available to ASU students. With an emphasis on ChatGPTs potential as a teaching tool, ASU will employ it in the classroom. This move expanded OpenAIs connections with the Associated Press and the American Journalism Project outside the technology and media industries. Michael Crow, president of ASU, voiced hope regarding artificial intelligences beneficial effects on education. Brad Lightcap, Chief Operating Officer of OpenAI, emphasised the companys desire to grow ChatGPTs impact in higher education and learn from ASU. Read More..

B2B Tech News | 2 years ago          

Cummins, Daimler, and PACCAR Choose Mississippi for Battery Cell Factory

Marshall County, Mississippi, has been selected by Daimler Trucks & Buses US Holding, PACCAR, and Accelera, the zeroemissions division of Cummins, as

Marshall County, Mississippi, has been selected by Daimler Trucks & Buses US Holding, PACCAR, and Accelera, the zeroemissions division of Cummins, as the site of an innovative battery cell manufacturing plant in the United States. The three corporations created a joint partnership last year, and the 21gigawatthour facility is expected to start producing battery cells in 2027. The plant is projected to create more than 2,000 manufacturing jobs, and there is room for growth to accommodate the increasing demand from businesses such as Tesla, Toyota, Ford, and Hyundai for lithium iron phosphate LFP battery technology. Read More..

B2B Tech News | 2 years ago          

EU Requests Information from Tech Giants Under Digital Services Act

By the EUs Digital Services Act DSA, the European Commission has filed information requests for 17 major digital companies, including Amazon, Apple, M

By the EUs Digital Services Act DSA, the European Commission has filed information requests for 17 major digital companies, including Amazon, Apple, Meta, Google, Microsoft, LinkedIn, Snapchat, TikTok, and YouTube. The EU is looking for information on the steps these businesses have taken to give academics access to pertinent data for the following national and EU elections and their efforts to combat illicit content and online sales of items. Since November 2023, the DSA has required massive internet platforms and search engines to take further steps to address dangers to public safety and unlawful material. This action is a component of the EUs continuous attempts to control digital services. Read More..

B2B Tech News | 2 years ago          

U.S. Designates Houthi Rebels as Terrorists After Red Sea Attacks

After they assaulted a second Americanoperated vessel in the Red Sea, the Houthi rebels, who are headquartered in Yemen, were branded as terrorists by

After they assaulted a second Americanoperated vessel in the Red Sea, the Houthi rebels, who are headquartered in Yemen, were branded as terrorists by the United States. In reaction to US and British bombings, the Houthis, who are aligned with Iran, declare their support for the Palestinian people and vow to launch further attacks. The US military carried out new strikes against the Houthi rockets that were a danger. Major powers have been impacted as commerce between Asia and Europe has stalled due to shipping problems. Attacks by the Houthis cast doubt on the security of the Red Sea, forcing shipping companies such as Maersk to reroute ships and clogging up the worlds supply chains. Italy proposes an EU mission for marine security. Extended assaults might result in a lack of tankers. Read More..

B2B Tech News | 2 years ago          

ECB Expected to Reduce Interest Rates in Upcoming Quarter, Says Reuters Poll

According to a Reuters poll, the European Central Bank ECB will likely lower interest rates in the upcoming quarter. Of those surveyed, 45% thought it

According to a Reuters poll, the European Central Bank ECB will likely lower interest rates in the upcoming quarter. Of those surveyed, 45% thought it would happen in June. The survey also suggests that an earlier rather than later date for the first ECB rate drop is more likely. With the first decrease anticipated in April, investors are presently factoring in around 150 basis points of reductions this year. Regarding the timetable, economists disagree with financial markets even if they anticipate the first rate drop for the upcoming quarter. 38 out of 85 respondents, a sizable minority, predicted the first ECB cut will occur in June. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

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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