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Daikin Partners with TSMC for Custom Semiconductors to Boost Air Conditioner Efficiency

Japanese air conditioner maker Daikin Industries uses specially designed semiconductors to save energy. Customising logic chips for the inverters used

Japanese air conditioner maker Daikin Industries uses specially designed semiconductors to save energy. Customising logic chips for the inverters used in its air conditioners is something Daikin is doing in collaboration with the Japanese design business. It is anticipated that the customised chips, which Taiwans TSMC will produce, will provide greater energy efficiency and enable a decrease in the usage of additional components. Daikin hopes to employ the chips in around a fifth of its air conditioners by the end of the decade, starting with highend models in 2025. This action demonstrates a growing trend in businesses using custom chip designs to improve efficiency and performance. Read More..

B2B Tech News | 2 years ago          

EU Reaches Agreement on Cyber Resilience Act to Safeguard Connected Devices

The Cyber Resilience Act, which aims to defend internetconnected gadgets, including computers, refrigerators, mobile apps, and smart devices, against

The Cyber Resilience Act, which aims to defend internetconnected gadgets, including computers, refrigerators, mobile apps, and smart devices, against cyber attacks, has been agreed upon by legislators and EU member states. The law, which the European Commission put out in September 2021, applies to any connected goods directly or indirectly to other networks or devices. It sets cybersecurity standards to design, develop, produce, and market hardware and software products. Manufacturers must evaluate cybersecurity risks, offer conformance declarations, and resolve issues throughout the anticipated product life or for a minimum of five years. The regulations also improve reporting of cyber events and transparency. Compared to the estimated €29 billion in compliance expenses, the EU estimates that these steps might save corporations roughly €290 billion a year. Read More..

B2B Tech News | 2 years ago          

Broadcom Explores Options for VMwares Business Units Post $69 Billion Acquisition

According to reports, EndUser Computing and Carbon Black, two of VMwares business segments, are under consideration for acquisition by American chipma

According to reports, EndUser Computing and Carbon Black, two of VMwares business segments, are under consideration for acquisition by American chipmaker Broadcom. After receiving regulatory permission from China, Broadcom finalised its $69 billion acquisition of VMware on November 22. This action is a part of Broadcoms effort to optimise its business structure through an operational evaluation of VMware. Following the acquisition, VMware will still function as the following four divisions Tanzu, SoftwareDefined Edge, Application Networking and Security, and Cloud Foundation. According to a leaked email from Broadcom CEO Hock Tan to staff, the information is fresh. Regarding the claims, neither VMware nor Broadcom have offered an official statement. Read More..

B2B Tech News | 2 years ago          

Advertiser Exodus Looms for Elon Musks X Following Antisemitism Controversy

Following Elon Musks outburst at media industry executives who halted advertising on his social media network, X formerly known as Twitter, the billio

Following Elon Musks outburst at media industry executives who halted advertising on his social media network, X formerly known as Twitter, the billionaire may see a rise in the number of advertisers quitting the platform. Disney and Warner Bros. Discovery pulled their advertisements from X after Musk supported an antisemitic tweet. Musk later apologised during a diatribe of expletives directed at advertisers during a New York Times DealBook event. According to analysts, more businesses may stop running ads on X, which makes the platforms membership initiatives even more crucial. Musk warned that X might go bankrupt if advertisers continued their boycott, and the company has come under fire for problems with content control. Read More..

B2B Tech News | 2 years ago          

AbbVie to Acquire ImmunoGen for $10.1 Billion in Cash

AbbVie will purchase immunoGen for a cash price of $10.1 billion. This action aligns with an increasing trend in which large pharmaceutical companies

AbbVie will purchase immunoGen for a cash price of $10.1 billion. This action aligns with an increasing trend in which large pharmaceutical companies purchase the creators of antibodydrug conjugates ADC, or "guided missile" cancer treatments. Elahere, an authorised ADC from ImmunoGen for patients with ovarian cancer who have had prior therapy, will be a valuable asset to AbbVie. Through the agreement, AbbVie will also access ImmunoGens portfolio of ADCs, which includes the midstage medication pivekimab sunirine for rare blood cancer and the earlystage candidate IMGN151 for ovarian cancer. With more competition for its bestselling drug, Humira, AbbVie wants to solidify its position in the cancer market with this purchase. Read More..

B2B Tech News | 2 years ago          

Microsofts £2.5 Billion Investment in UK Aims to Boost Artificial Intelligence

The UK government claims that Microsofts most significant investment in the nation, set to come in the form of £2.5 billion $3.2 billion over the nex

The UK government claims that Microsofts most significant investment in the nation, set to come in the form of £2.5 billion $3.2 billion over the next three years, would help propel artificial intelligence AI forward. With this support, Microsofts data centre presence in the UK will more than quadruple, supplying vital infrastructure for the advancement of AI. As part of the investment, more than 20,000 cuttingedge GPUs—crucial for developing AI and machine learning—will be imported to Britain. Microsofts president, Brad Smith, had previously voiced worries about a judgement made by the UK antitrust commission, but he has now committed to the company. The funding is anticipated to help the UK establish a worldclass AI infrastructure. Read More..

B2B Tech News | 2 years ago          

CEOs of Meta, Snap, and Discord to Face US Senate Committee Over Child Safety Online

On December 8, 2023, a US Senate committee will interview CEOs of significant social media companies—such as Meta, Snap, and Discord—about their i

On December 8, 2023, a US Senate committee will interview CEOs of significant social media companies—such as Meta, Snap, and Discord—about their inability to provide online kid safety. The CEOs of X previously Google X, Jason Citron of Discord, Linda Yaccarino of X, and Evan Spiegel of Snap are those scheduled to testify. The hearings primary focus will be on the firms failures to protect minors who use their services. The committee has been working on measures to combat child sexual exploitation online, including bills to create a National Commission on Online Child Sexual Exploitation Prevention and remove tech businesses immunity from specific legal penalties relating to child sexual abuse content. Read More..

B2B Tech News | 2 years ago          

Tech Giants, Including Amazon and Google, Pledge to Combat Online Fraud in the UK

Amazon, Google, Microsoft, and eleven other large IT giants are scheduled to sign the "Online Fraud Charter" with the UK government, committing to ste

Amazon, Google, Microsoft, and eleven other large IT giants are scheduled to sign the "Online Fraud Charter" with the UK government, committing to stepping up efforts to combat online fraud. The voluntary agreement includes committing to ban and deleting fraudulent content from their platforms. Within six months, the signatories—Meta Platforms, Snap, and TikTok—will put the agreedupon measures into effect. The goal of the agreement is to fight the growing issue of online fraud, which has emerged as the most frequent crime in the United Kingdom. Some solutions include simplified procedures for reporting fraudulent content, tighter cooperation with law enforcement, more verification on peertopeer marketplaces, and improved identity verification for online dating services. 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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