Header-template

 Global News

Subscribe our Newsletter

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

HEADLINES

Expanding Horizons EUs Cyber Rules Now Cover Banks, Airlines

The European Union is considering extending the scope of its planned cybersecurity labelling regulations to include banks, airlines and big internet c

The European Union is considering extending the scope of its planned cybersecurity labelling regulations to include banks, airlines and big internet corporations like Microsoft, Amazon, and Google. The most recent initiative from the European Unions cybersecurity agency ENISA centres on an EU certification scheme EUCS that validates cloud services cybersecurity and sets standards for choosing EUbased suppliers. The proposal keeps the clauses that mandate that US IT behemoths establish a joint venture with an EUbased business, run and manage cloud services out of the EU, and store and handle consumer data within the EU. The proposed regulations may impact a wider variety of businesses, such as banking, aviation, utilities, and highly regulated sectors. Read More..

B2B Tech News | 2 years ago          

Countering Deepfakes India Set to Introduce Regulations with Penalties

Information Technology Minister Ashwini Vaishnaw said that India is now formulating laws to control deepfakes. The social media site that hosts the de

Information Technology Minister Ashwini Vaishnaw said that India is now formulating laws to control deepfakes. The social media site that hosts the deepfake content as well as the person who uploads it will be subject to penalties under the regulations, which should be finished in a few weeks. Following a virtual G20 summit in which Prime Minister Narendra Modi voiced worries over the detrimental effects of deepfakes on society, this action was taken. India is joining the global effort to tackle the issues raised by deepfake technology and is making a contribution to the larger global movement to control artificial intelligence AI technologies. Read More..

B2B Tech News | 2 years ago          

Nvidia Faces Setback as H20 AI Chip Launch in China Gets Delayed

According to reports, Nvidia is postponing the release of its H20 artificial intelligence AI processor so that China can abide by export regulations f

According to reports, Nvidia is postponing the release of its H20 artificial intelligence AI processor so that China can abide by export regulations from the United States. Nvidias endeavour to create chips that comply with the latest export regulations from the United States and still be competitive in the Chinese market includes the H20. The delay may hurt Nvidias ability to compete in China against regional rivals like Huawei. The launch, initially scheduled for November, has been rescheduled for the first quarter of the following year, maybe in February or March. The H20 is essential to Nvidias plan for overcoming export limitations and holding onto market dominance in China, along with other conforming chips. Read More..

B2B Tech News | 2 years ago          

Goldman Sachs Paid Patrick Cantlay Over $1 Million Annually in Sponsorship Deal

Goldman Sachs reportedly paid professional golfer Patrick Cantlay over $1 million annually in a threeyear sponsorship deal linked to the bank’s cons

Goldman Sachs reportedly paid professional golfer Patrick Cantlay over $1 million annually in a threeyear sponsorship deal linked to the bank’s consumerbanking initiatives. The 2020 contract included a base of $1.1 million per year, with additional performance bonuses for PGA Tour and Major victories. However, the bank chose not to renew Cantlay’s sponsorship in its shift away from retail banking pursuits, mirroring CEO David Solomons decision to end lossmaking ventures. Cantlay initially sported the Marcus brand cap, replaced by Goldman Sachs branding following a push by bank president John Waldron. Despite the termination, Cantlay remains listed as a brand ambassador on Goldmans website alongside other sports figures. Both Goldman Sachs and Cantlay’s representatives declined to comment on the financial terms. Read More..

B2B Tech News | 2 years ago          

Airbnb Emerges as FastestGrowing Brand Amidst Global Stagnation

Interbrand’s 2023 Best Global Brand Report revealed stagnation among top 100 brands, marking a 5.7% growth compared to the previous years 16%, total

Interbrand’s 2023 Best Global Brand Report revealed stagnation among top 100 brands, marking a 5.7% growth compared to the previous years 16%, totaling $3.3 trillion in brand value. Apple retained its 11year reign as the leading brand, while Airbnb emerged as the fastestgrowing, increasing by 21.8% and climbing eight spots in the rankings. Factors like a lack of growth mindset, conservative leadership, and uncertain forecasts contributed to this slowdown, prompting the need for improved business cases and brand management. Automotive and luxury sectors notably excelled, with BMW making its top 10 debut, while Zara and Sephora shined among retailers with doubledigit brand value increases. Read More..

B2B Tech News | 2 years ago          

Challenges Mount South African Business Sentiment Falls Despite Rate Hikes

South African business sentiment declined unexpectedly in Q4 as newvehicle dealers confidence hit its lowest since the pandemics peak. The business co

South African business sentiment declined unexpectedly in Q4 as newvehicle dealers confidence hit its lowest since the pandemics peak. The business confidence index dropped to 31, below expectations, with dealers registering a mere 6 index points due to subdued demand amid consumer income pressures and higher interest rates. The Reserve Bank raised rates significantly since November 2021, impacting sales. Poor trading conditions persist, compounded by logistical hurdles like port delays and infrastructure issues. This decline hints at slowed GDP growth, indicating ongoing economic challenges. Read More..

B2B Tech News | 2 years ago          

HanesBrands and DXC Forge Alliance to Digitize Global Workforce Experience

HanesBrands and DXC Technology extended their partnership for five years, focusing on digitizing HanesBrands’ global workforce experience using DXCâ

HanesBrands and DXC Technology extended their partnership for five years, focusing on digitizing HanesBrands’ global workforce experience using DXC’s Modern Workplace solutions. This collaboration aims to enhance employee collaboration, productivity, and operational efficiency across 32 countries. The implementation includes DXC UPTime for costefficient support services and ServiceNow for improved employee collaboration. HanesBrands’ CIO Subra Goparaju highlighted investments in automation and AI driving operational efficiencies and global expansion. DXCs Andrew Wilson emphasized modernizing operations and IT support centralization, aiming to offer seamless services and improve employee focus. Read More..

B2B Tech News | 2 years ago          

Nvidias Record Revenue Hits $20 Billion, Falls Shy of Lofty Investor Predictions

Nvidia Corporations latest quarterly report, surpassing analysts average predictions with a revenue forecast of $20 billion, saw a lukewarm response f

Nvidia Corporations latest quarterly report, surpassing analysts average predictions with a revenue forecast of $20 billion, saw a lukewarm response from investors expecting even higher figures, causing a 3% stock drop. Despite remarkable growth—revenue tripling to $18.1 billion and profits at $4.02 per share—some anticipated more explosive sales due to the AI boom, causing elevated stock prices. Analysts noted the impressive results considering USChina restrictions impacting sales. Nvidia unveiled chips tailored for China, aiming to revitalize the market. While its data center division soared, concerns arose about future sales due to US export curbs impacting about a quarter of its data center revenue, prompting strategic adjustments. 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.
   15338   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12813   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13187   

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.
   12933   

5.  Approximately 8 billion gadgets connect on the internet every day.
   16023   



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.