Header-template

 Global News

Subscribe our Newsletter

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

HEADLINES

Grifols Shares Plunge 30% as Gotham City Questions Accounting Practices

The Spanish pharmaceutical Grifolss market value dropped by roughly $3 billion as a result of a 30% decline in shares following questions raised by he

The Spanish pharmaceutical Grifolss market value dropped by roughly $3 billion as a result of a 30% decline in shares following questions raised by hedge fund Gotham City Research regarding the companys accounting. When Gotham questioned Grifolss stated debt, earnings, and leverage ratio, Grifols refuted any wrongdoing and labelled the report as "speculation" and "false information." To allay investor fears, the business intends to make a phone call and issue a fresh statement to the stock market regulator. Following a 42% decline at the opening of the market, Grifols shares fell 26% in late afternoon trading in Madrid and early trading on Nasdaq. Read More..

B2B Tech News | 2 years ago          

Hewlett Packard Enterprise Boosts AI Ambitions with $14 Billion Juniper Networks Acquisition

With a $14 billion allcash agreement, Hewlett Packard Enterprise HPE is scheduled to purchase Juniper Networks, a manufacturer of networking hardware.

With a $14 billion allcash agreement, Hewlett Packard Enterprise HPE is scheduled to purchase Juniper Networks, a manufacturer of networking hardware. HPE hopes to expand its networking business and improve its artificial intelligence AI products with this deal. HPE wants to use Junipers expertise in AIenabled enterprise networking operations and network security. Offering shareholders of Juniper $40 a share, the deal offers a 32.4% premium over the stocks Monday closing price. With regulatory clearances pending, the transaction is scheduled to conclude in late 2024 or early 2025 and is anticipated to be financed by $14 billion in term loans. Read More..

B2B Tech News | 2 years ago          

Outlogic Agrees to Halt Sale of Sensitive Location Data in FTC Settlement

By the terms of the Federal Trade Commissions FTC first data tracking settlement, Virginiabased data broker Outlogic previously XMode Social has agree

By the terms of the Federal Trade Commissions FTC first data tracking settlement, Virginiabased data broker Outlogic previously XMode Social has agreed to stop selling sensitive location data. The FTC accused Outlogic of violating customer privacy by selling data without authorization. Outlogic has committed to cease sharing locationsensitive information, remove unlawfully obtained data, and put procedures in place to remove sensitive locations from its raw data. In the settlement, the FTC expressed worry about the possible abuse of location data, claiming that selling it might put people in danger of harassment, assault, or discrimination. Digital Envoy acquired Outlogic, formerly known as XMode, in 2021. Read More..

B2B Tech News | 2 years ago          

Intel Expands into Automotive Chips, Targets Future Car Semiconductor Market

To take on Qualcomm and Nvidia in the automotive semiconductor business, Intel has revealed intentions to release automotive versions of its most rece

To take on Qualcomm and Nvidia in the automotive semiconductor business, Intel has revealed intentions to release automotive versions of its most recent AIenabled processors. Additionally, the business will acquire Silicon Mobility, a French firm that specialises in software and systemonachip technologies for electric car charging and motor control systems. Zeekr, a Chinese manufacturer, will be the first to employ Intels AI system on a chip, incorporating capabilities like video conferencing and AI voice assistants to improve the incar experience. Intel wants to supply CPUs that manufacturers may utilise in various cars, from budgetfriendly to highend versions. Read More..

B2B Tech News | 2 years ago          

AIPowered Shopping Walmart Partners with Microsoft for GenAI Search

Walmart has released two new AIpowered products to improve the shopping experience. The first is a search tool, GenAI, created in partnership with Mic

Walmart has released two new AIpowered products to improve the shopping experience. The first is a search tool, GenAI, created in partnership with Microsoft and allows consumers to look for things based on use cases rather than names or brands. Users may get a curated list of items by searching for "help me plan a unicornthemed party for my daughter" or "a football watch party". "Walmart InHome Replenishment," the second technology, enables InHome delivery service members to swiftly add frequently requested products to their online shopping baskets. These programmes are part of a more significant trend in which merchants use generative AI technology to improve customer interactions. Read More..

B2B Tech News | 2 years ago          

SECs Twitter Account Hacked, False Bitcoin Announcement Spurs Market Activity

The price of Bitcoin increased when a hacker released bogus information regarding an announcement about the cryptocurrency on the SECs official Twitte

The price of Bitcoin increased when a hacker released bogus information regarding an announcement about the cryptocurrency on the SECs official Twitter account. The bogus article purported to be an SEC approval allowing exchangetraded funds to carry Bitcoin. Twitter verified that the SECs account was hacked because someone used a third party to obtain control of a phone number connected to the account. At the time of the hack, twofactor authentication was not activated at the SEC. Despite Twitters claim that no systemic breach led to the hack, security experts voiced worries about the incidents possible effects on the market and the dissemination of false information. Read More..

B2B Tech News | 2 years ago          

Valeo Inks FourYear Deal with ZutaCore for Innovative Data Center Cooling Systems

Californiabased ZutaCore and car parts producer Valeo have signed a fouryear business deal to supply cuttingedge cooling solutions for data centres. T

Californiabased ZutaCore and car parts producer Valeo have signed a fouryear business deal to supply cuttingedge cooling solutions for data centres. The deals financial details were kept a secret. The two businesses created a waterless liquid cooling system to address emissions and energy consumption issues in the expanding data sector. Reusing part of the heat produced by powerful processors with a 1,500watt or greater capacity can be accomplished by the system in addition to cooling them. In the second quarter of this year, ZutaCore is expected to receive the first components of the cooling system from Valeo. Read More..

B2B Tech News | 2 years ago          

Samsung Expects 35% Drop in Q4 Operating Profit, Falling Below Analyst Forecasts

Samsung Electronics announced fourthquarter operating profit estimated to have dropped by 35% to 2.8 trillion won $2.13 billion, below analysts estima

Samsung Electronics announced fourthquarter operating profit estimated to have dropped by 35% to 2.8 trillion won $2.13 billion, below analysts estimates. Even though memory chip prices were improving, the poor performance was ascribed to continuously low consumer demand across several industry categories. The lowerthanexpected earnings resulted from Samsungs contract manufacturing of chips, mobile processors, television, and home appliance divisions. Profits in the companys mobile division declined due to fewer flagship foldable model shipments. Nonetheless, Samsungs semiconductor business appeared to be rebounding, as seen by higher memory chip sector profits. On January 31, a thorough earnings report is anticipated. 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.
   15336   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12810   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13185   

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.
   12931   

5.  Approximately 8 billion gadgets connect on the internet every day.
   16020   



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.