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Boeing Lands Big Deal with Ethiopian Airlines for 737 MAX and 787 Dreamliners

Ethiopian Airlines and Boeing have reached a deal for Ethiopian Airlines to purchase 20 737 MAX aircraft and an extra 11 787 Dreamliners at the Dubai

Ethiopian Airlines and Boeing have reached a deal for Ethiopian Airlines to purchase 20 737 MAX aircraft and an extra 11 787 Dreamliners at the Dubai Air Show. This is just the beginning, according to CEO Mesfin Tasew, who has announced plans for a second fleet renewal round in the upcoming years. The airline can purchase 15 more 7879 Dreamliners and is anticipated to exercise options for an additional 21 narrowbody aircraft. In the upcoming months, Tasew also said he would want to announce an order for widebody aircraft, either the Airbus A350 or the Boeing 777X. Following Boeings resolution of design flaws in the wake of the 2019 tragedy, the airline declared its restored faith in the 737 MAX. Read More..

B2B Tech News | 2 years ago          

Adobe on Alert EU Expected to Issue Antitrust Warning on Figma Bid

Adobe expects the European Union EU to issue an antitrust warning regarding its $20 billion offer for the cloudbased design platform Figma. Adobes chi

Adobe expects the European Union EU to issue an antitrust warning regarding its $20 billion offer for the cloudbased design platform Figma. Adobes chief legal officer, Dana Rao, reaffirmed the assumption and said the business would happily resolve any possible regulatory issues. Significant IT acquisitions have come under increased EU scrutiny, especially involving startups that may become rivals. Adobe is keen to proceed with the acquisition and is prepared to explore potential solutions depending on the issues mentioned in the expected European Commission declaration of objections. Read More..

B2B Tech News | 2 years ago          

Cyber Siege Australia Battles Sharp Rise in StateBacked Attacks

Australia has seen an increase in statesponsored cyberattacks targeting homes, companies, and vital infrastructure. According to the Australian Cyber

Australia has seen an increase in statesponsored cyberattacks targeting homes, companies, and vital infrastructure. According to the Australian Cyber Security Centres annual danger report, an estimated hack on Australian assets occurs every six minutes, which also showed a 23% rise in cybercrime reports. According to Defence Minister Richard Marles, the growth in interest in critical infrastructure by state actors has been attributed, in part, to the new AUKUS defence collaboration. The study warned of possible comparable dangers to Australias infrastructure and raised worries about a Chinese cyber outfit targeting essential U.S. infrastructure. The government is revising the federal cyber laws, and mandatory reporting of ransomware instances is being considered. Read More..

B2B Tech News | 2 years ago          

Barclays Highlights Cybersecurity Danger in SECs Treasury Plan

Recalling the recent cyberattack on ICBCs U.S. brokerdealer, Barclays has warned against the potential rise in cybersecurity risks associated with the

Recalling the recent cyberattack on ICBCs U.S. brokerdealer, Barclays has warned against the potential rise in cybersecurity risks associated with the proposed SEC rule to expand the use of central clearing for U.S. Treasuries. Should it be implemented, the SEC regulation would include the cash Treasury and repurchase agreements repo markets. The rule attempts to transmit more deals to a clearing house to double activity on the Fixed Income Clearing Corporation FICC platform. Barclays emphasised that cybersecurity issues related to mandated central clearing must be addressed, voicing worries about a possible single point of failure risk. Early in 2023 is when the SEC is anticipated to finalise the regulation. Read More..

B2B Tech News | 2 years ago          

Caution in China Baidu CEO Robin Li Raises Concerns on AI Model Development

The CEO of Baidu, Robin Li, has cautioned against Chinas unrestrained creation of huge language models, stating that it would result in resource waste

The CEO of Baidu, Robin Li, has cautioned against Chinas unrestrained creation of huge language models, stating that it would result in resource waste. Speaking at an event for the sector, Li stressed the value of concentrating on practical applications instead of continuously reconstructing massive, basic models. He saw a pattern in which Chinese enterprises and sectors invested significantly in hardware and data centres to train huge, proprietary models. Li pointed out that although huge models are widely used, only some AI applications are based on these models. To prevent needless repetition, he recommended developers base their creation of various native apps on a fixed number of significant models. Read More..

B2B Tech News | 2 years ago          

Chipping In Synopsys and Microsofts AI Collaboration for NextGen Chip Design

Leading chip design software vendor Synopsys has partnered with Microsoft to create its own "Copilot" version that helps with chip design. The perfect

Leading chip design software vendor Synopsys has partnered with Microsoft to create its own "Copilot" version that helps with chip design. The perfect placement of billions of transistors on a tiny silicon surface is a complex undertaking that takes years and hundreds of millions of dollars to complete chip design. Synopsys trained Microsofts Azure OpenAI system on a large amount of data in order to improve chip design accuracy. With the goal of addressing problems early in the design process and lowering the cost of repairing problems later on, Microsoft has tested the Synopsys system with its chip design teams. Read More..

B2B Tech News | 2 years ago          

Rising Prices Push Argentines Toward SecondHand Markets Amidst Economic Struggles

Struggling with over 140% inflation, Argentines are increasingly shopping at secondhand clothing stores to locate reasonably priced items or to get mo

Struggling with over 140% inflation, Argentines are increasingly shopping at secondhand clothing stores to locate reasonably priced items or to get more money by selling their old clothes. Living in poverty, twofifths of Argentinas population is facing its greatest crisis in decades. The nations continuous economic difficulties are affecting the runoff for president. Anger among voters about increasing prices has boosted the chances of the outsider Javier Milei, who is now slightly ahead of Economy Minister Sergio Massa in the polls. Due to severe financial troubles brought on by Octobers 142.7% inflation rate, many in Argentina began looking for alternatives, such as used clothes marketplaces. Read More..

B2B Tech News | 2 years ago          

Zelle Scam Reversal JPMorgan Chase & Bank of America Lead Refund Initiative

Banks using the Zelle payment system, such as Bank of America and JPMorgan Chase, have started to reimburse consumers who have fallen for impostor fra

Banks using the Zelle payment system, such as Bank of America and JPMorgan Chase, have started to reimburse consumers who have fallen for impostor frauds and reverse transactions that were completed by clients who were tricked into paying money to con artists. The federal consumer watchdog and US politicians expressed concerns, which prompted the action. The seven banks that control the peertopeer network, which includes Bank of America and JPMorgan Chase, have added a new reimbursement benefit for some sorts of scams. Legislators inquiries into an increase in fraud and predictions that Zelle customers lost $440 million to fraud in 2021 alone prompted the regulation change. 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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