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Tamil Nadu Inks $4.39 Billion Deals with Apple Suppliers and Hyundai

The southern Indian state of Tamil Nadu has inked investment agreements totalling over $4.39 billion with companies including Hyundai Motors, one of t

The southern Indian state of Tamil Nadu has inked investment agreements totalling over $4.39 billion with companies including Hyundai Motors, one of the worlds largest automakers, and Tata Electronics, a supplier to Apple. As part of its efforts to diversify manufacturing, Apple has agreed to invest 120.8 billion rupees in mobile phone assembly activities from Tata Electronics, an Indian conglomerate. Pegatron, Apples Taiwanese supplier, would invest 10 billion rupees to increase manufacturing. The agreements, which come as more businesses want to invest in India, are predicted to create thousands of employments in the state. Read More..

B2B Tech News | 2 years ago          

Dubai Attracts Wealth Managers as Asia Seeks Diversification Amid Warming Ties

As diplomatic relations between China and the Middle East improve, more Asian wealth managers are opening offices in Dubai in anticipation of a spike

As diplomatic relations between China and the Middle East improve, more Asian wealth managers are opening offices in Dubai in anticipation of a spike in customer demand for regional diversity. A growing number of wealthy families and businesspeople in Asia, primarily in China, are choosing to locate their riches in Dubai, a significant financial centre in the Gulf. Beijing has become more and more dependent on the Middle East as its relations with Washington have deteriorated, and Dubai provides taxfree status, businessfriendly regulations, and ease of doing business. The presence of wealth managers such as Farro Capital and Noah Holdings is growing in the area. Read More..

B2B Tech News | 2 years ago          

Anonymous Arabic Group Unveils SilverRAT A Sophisticated Remote Access Trojan

A powerful Remote Access Trojan RAT known as SilverRAT is the work of Anonymous Arabic, headquartered in Syria and Turkey. The team intends to publish

A powerful Remote Access Trojan RAT known as SilverRAT is the work of Anonymous Arabic, headquartered in Syria and Turkey. The team intends to publish a revised version that will enable command over Android and Windows devices that have been hacked. Currently compatible with Windows computers, SilverRAT v1 facilitates malware development for ransomware and keylogging attacks. The gang sells malwareasaservice and provides various services, including Distributed DenialofService DDoS assaults. They are active on Telegram and online forums. The growth of SilverRAT emphasises how the Middle Eastern black markets are changing, especially around cybercrime. Read More..

B2B Tech News | 2 years ago          

CES 2024 OpenAIs Influence Evident as Companies Showcase AI Innovations

Despite his absence, OpenAI CEO Sam Altmans impact is seen at CES 2024 as device manufacturers display AI applications. Numerous businesses want to re

Despite his absence, OpenAI CEO Sam Altmans impact is seen at CES 2024 as device manufacturers display AI applications. Numerous businesses want to reveal how they use artificial intelligence AI in products for blind people, school safety systems, health monitoring face recognition systems, and selfdriving vehicle interior monitoring systems. Even with Steve Jobs no longer attending events, OpenAIs influence is compared to Apples. In 2023, investment in AI soared to $23.78 billion. Among those showcasing AI advancements are Germanys Bosch, Japans NEC, Cerence, Cipia, and Amazon, with an emphasis on the application of AI in automotive, healthcare, and consumer electronics. Read More..

B2B Tech News | 2 years ago          

EU Antitrust Chief Vestager to Hold Talks with Tech CEOs Including Apple, Alphabet, Broadcom, and Nvidia

During her visit to the US next week, EU antitrust head Margrethe Vestager is scheduled to meet with the CEOs of significant tech companies, such as A

During her visit to the US next week, EU antitrust head Margrethe Vestager is scheduled to meet with the CEOs of significant tech companies, such as Apple, Alphabet, Broadcom, and Nvidia. The main topics of the meetings will be competition policy and digital regulation in Europe. It is anticipated that Vestager will adopt a strong position on antitrust issues, and her conversations with business executives might influence current probes and future legal measures. Tim Cook of Apple is meeting with business associates simultaneously as the corporation offers to resolve an EU inquiry by granting competitors access to its mobile payment systems. The talks will determine how Europes regulators will treat the IT sector in the future. Read More..

B2B Tech News | 2 years ago          

Authors Nicholas Basbanes and Nicholas Gage File Lawsuit Against OpenAI and Microsoft

Novelists Nicholas Basbanes and Nicholas Gauge have launched a potential classaction lawsuit in federal court in Manhattan against Microsoft and OpenA

Novelists Nicholas Basbanes and Nicholas Gauge have launched a potential classaction lawsuit in federal court in Manhattan against Microsoft and OpenAI. They claim that to train artificial intelligence models like ChatGPT without giving due credit or authorization, OpenAI and Microsoft used their work, including many books, to violate their copyrights. This lawsuit comes after other authors have taken comparable legal action, such as The New York Times recent lawsuit against Microsoft and OpenAI. The writers say that their content led to a billiondollar business without providing sufficient recompense, and they are seeking compensation for the alleged exploitation of their works in training AI models. Read More..

B2B Tech News | 2 years ago          

United Nations Forecasts Indias GDP Growth at 6.2% in 2024

According to UN estimates, Indias GDP is expected to rise by 6.2% in 2024, with strong manufacturing and services sectors and strong domestic demand.

According to UN estimates, Indias GDP is expected to rise by 6.2% in 2024, with strong manufacturing and services sectors and strong domestic demand. With a predicted GDP growth of 6.6% by 2025, Indias economy continues to be the fastestgrowing major economy in the world. Public solid investment and resilient private consumption are identified in the study as key drivers. The UN is upbeat despite worries about unpredictable rains harming agriculture because of Indias steady economic growth. The research supports Indias robust GDP prognosis by predicting a slowdown in inflation and highlighting improvements in labour market indicators, such as rising labour force participation and falling unemployment rates. Read More..

B2B Tech News | 2 years ago          

BAE Systems to Restart Production of M777 Howitzer Structures with $50 Million Deal

After negotiating an initial order worth up to $50 million with the U.S. Army, BAE Systems announced intentions to restart the manufacture of structur

After negotiating an initial order worth up to $50 million with the U.S. Army, BAE Systems announced intentions to restart the manufacture of structures for its lightweight howitzer, the M777. The United States, Canada, and Australia have provided M777 howitzers to Ukraine. The titanium structures will be manufactured by BAE Systems in partnership with its suppliers in the United States and the United Kingdom, with delivery anticipated to start in 2025. According to the manufacturer, Europe, Asia, and the Americas have shown a greater interest in the M777 gun system. Restarting production is in line with the M777 howitzer activities in Ukraine. 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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