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Techub News reports that Hewlett Packard Enterprise (HPE) has raised its revenue expectations for its networking business and announced a $1.2 billion order from cloud company Vultr. The company indicates that these signs show it is benefiting from the boom in AI infrastructure construction. HPE expects that the percentage sales growth of its networking business will reach the high single-digit to low double-digit range in the fiscal year 2027. The company also provided a long-term sales growth expectation of high single digits, with an operating margin target of up to the high double digits. HPE expanded its networking business last year through the acquisition of Juniper Networks. (Bloomberg Technology)
Techub News reports that Meta has announced the appointment of Dhruv Vohra as the Managing Director of the Global Business Group for Southeast Asia. He will be responsible for leading Meta's commercial strategy in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, reporting to Benjamin Joe, Vice President of the Asia-Pacific region. His team will collaborate with regional advertisers and agencies to help businesses innovate using AI and accelerate growth through Meta's family of apps. Benjamin Joe, Vice President of Meta for the Asia-Pacific region, stated that Southeast Asia is one of Meta's fastest-growing business regions, and the next step is to help businesses leverage AI and messaging at the speed customers expect. Dhruv Vohra has been with Meta for seven years and has extensive experience in e-commerce, digital business, and commercial leadership in the Asia-Pacific region.
Techub News reports that Jeonbuk Bank has launched a bitcoin-backed loan service for corporate clients, becoming the first bank in Korea to allow companies to borrow cash with their bitcoin holdings. The bank, which is part of JB Financial Group, disburses the loans in Korean won. (CoinDesk)
Techub News reports that US Representative Bryan Steil stated that the CLARITY Act has been passed in the House of Representatives with overwhelming bipartisan support. The bill aims to provide a clear framework for cryptocurrency regulation. (Fox Business)
Techub News reports that the Central Bank of the Philippines (BSP) has imposed partial suspension measures on DCPay Philippines, the e-money operating entity behind the local cryptocurrency exchange Coins ph, prohibiting it from receiving external transfers through InstaPay and PESONet, including personal transfers, QR code deposits, and commercial payments. This restriction targets DCPay's peso payment and clearing operations. The cryptocurrency trading business of Coins ph is operated by another licensed entity, Betur Inc., and has not been directly suspended by this directive, but users depositing fiat currency into Coins ph through local banks will be affected. The regulatory directive still allows DCPay to make external transfers and QRPh merchant payments. The official status page of Coins ph shows that the relevant InstaPay and PESONet deposit services are currently under maintenance, while withdrawal services are operating normally. (Wu Blockchain)
Techub News reported that the payment giant Stripe has announced that the stablecoin Open USD (OUSD) will be set as the default stablecoin for its commercial payment services. This move aims to reshape commercial payments by sharing economic benefits and improving the efficiency of cross-border transactions. (Crypto Briefing)
Techub News reports that the cryptocurrency research institution Delphi Digital posted on platform X, stating that the tokenized stock business is shifting towards competition in distribution. Tokenizing stocks has become straightforward, with most issuers purchasing underlying stocks through brokers and minting tokens, allowing buyers to choose between tokens that offer nearly identical exposure. Whoever can display tokens to the most investors will take the lead. Exchanges have an advantage in this competition due to their existing trader bases. Binance's bStocks and Kraken's xStocks are two of the top three platforms, and together with Ondo, they dominate the majority of the wrapped stock market share. Widespread listing only helps when token transaction costs are low, and investors will choose the version offering the best price. The winning issuer will combine the broadest coverage with the deepest market liquidity. (@Delphi_Digital)
Techub News, according to Cointelegraph, NVIDIA and SAP are collaborating to build enterprise-grade AI agents, with related features to be integrated into the SAP Business AI platform, offering capabilities such as security, governance, and execution control. The partnership aims to apply AI agent technology to enterprise scenarios, helping businesses automate business processes through integrated security and governance controls. The two parties have not disclosed a specific launch timeline or technical details.
Techub News, according to Cointelegraph, Anthropic has launched Claude for Small Business, integrating AI workflows directly into mainstream business tools such as PayPal, QuickBooks, and HubSpot. The product targets the small business market, enabling interaction with financial, CRM, and payment platforms through natural language to automate data processing, invoice management, customer communication, and other functions, aiming to lower the barrier for small and medium-sized enterprises to adopt AI technology.
Techub News reports that during his visit to Nanjing University, Hong Kong's Secretary for Financial Services and the Treasury, Paul Chan, delivered a speech highlighting that artificial intelligence is reducing search and transaction costs, driving enterprises to redesign operational processes and spur new business models. He emphasized Hong Kong's strengths in finance, innovation and technology, professional services, and internationalization, which can be integrated with the industrial foundation of Nanjing and Jiangsu to jointly promote the transformation of research results and industrial development. The delegation subsequently held discussions with university representatives and alumni companies to explore collaboration opportunities in fields such as artificial intelligence, optical chips, and life sciences, as well as to facilitate connections between industry and capital. (Hong Kong Government News Bulletin)
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