(Photo: Marco Bertorello/AFP) (Photo by Marco Bertorello/AFP via Getty Images)
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Here are five things about Business Tech News that happened this week and how they affect your business.
Business Tech News #1 – Openai launches new AI tools to drive research tasks.
Openai has launched a new AI tool called Deep Research, designed to conduct multi-step research on the Internet for complex tasks. This uses future versions of the OpenAI O3 model optimized for web browsing and data analysis. Users will provide prompts, and ChatGpt will find, analyze and synthesize several online sources (text, images, PDFS) to create a comprehensive report. Deep Research aims to achieve many times that can take humans hours. The tool is still in its early stages and has some limitations, including the struggle to distinguish authoritative information from rumors. (Source: Reuters)
Why this is important to your business:
It seems that all people in X love this. @deedydas said: This could replace many human work. “Openai said: “Speed, ChatGpt finds, analyzes, synthesizes hundreds of online sources, and creates comprehensive reports in just a few minutes. But news may not be good for everyone. ZDNET’s Sabrina Ortiz says there are at least 20 jobs it will replace.
Business Tech News #2 – Bluevine announces a partnership with Xero to provide banking solutions for small and medium-sized businesses.
Bluevine, a banking platform for startups and small businesses, has announced a partnership with Xero, accounting platform for small businesses. This collaboration allows Bluevine customers to synchronize their banking data with Xero, providing more efficiency and growth opportunities. (Source: Morning Star)
Why this is important to your business:
According to both companies, accountants can securely access client accounts via Blue Vine’s dashboard, making financial management easier. Bluevine Plus and Premier customers receive a six-month free trial of Xero software, while US Xero customers receive a three-month free trial of Bluevine’s plans. The partnership aims to simplify financial management and provide comprehensive solutions for cost tracking, performance analysis and cash flow management.
Business Tech News #3 – Square, Cash App, and Visa use technology to support small businesses.
Square, Cash App, and Visa partner with New Orleans Nonprofit Organization Propeller to support local food and beverage businesses. The “Nola’s Future” event, held on February 4th, offered to local businesses to help them thrive with upgraded technology and resources. The collaboration includes free square hardware, allowing businesses to quickly make their businesses quicker with personalized sessions from industry experts to maximize sales potential during peak seasons like Mardi Gras. We will help you get it installed. “The collaboration with sister brand cash apps and collaboration with Visa highlight our collective commitment to supporting the SME community,” said Ming-Thai Huh, director of Food and Beverage at Square. ” (Source: Pymnts)
Why this is important to your business:
It’s great, but UH-OH, a new research report shows that cache app downloads fell 15% year-on-year in the last quarter, while competitor Venmo downloads fell 13%. Are users tired of these cash transfer applications? Is the market saturated?
Business Tech News #4 – Appy Pie announces AI Generator: Major AI Generation Platforms.
High-tech company Appy Pie has launched a new AI content generation platform called the “Appy Pie AI Generator.” The platform makes it easy for businesses, marketers and creators to generate AI-powered images, videos and text. We offer high-resolution visuals for branding, movie-quality videos from text, and SEO-optimized text for blogs and social media. The platform also provides APIs for seamless integration into a variety of applications. Appy Pie aims to revolutionize the creation of digital content by delivering fast, efficient and professional results. (Source: Yahoo Finance)
Why this is important to your business:
As I recently reported on the Microsoft AI Tour, there is a surge in new AI tools that are now affordable for small business deployments, and the Appy Pie AI Generator is a good example. That’s good news. The bad news is, in reality, you need a $200,000 developer per year to create an AI solution using these tools.
Business Tech News #5 – Microsoft 365 is losing its free VPN functionality.
Microsoft has announced that it will “remove the VPN (Virtual Private Network) feature” from its Microsoft 365 subscription by the end of February 2025. A VPN, part of the Microsoft Defender app, has provided privacy protection by encrypting data about public. network. However, Microsoft has decided to remove it due to low usage and redistribute its resources to other areas that meet the needs of its customers. Other defender features will continue to be available, such as identity theft protection and malware prevention. (Source: The Verge)
Why this is important to your business:
A VPN is important for encrypting your data, especially when using a Public WiFi connection. Unfortunately, I’m struggling with a VPN while traveling. I tried Express VPN, Pure VPN, and Tunnel Bear. They work. They don’t work. They load. They don’t load. All of them caused problems with my Windows 11 Dell laptop. It’s become so annoying that instead of using public hotel or airport WiFi connections with a VPN, I’m leaning more towards my mobile hotspot. Companies need to incorporate VPNs into remote networking capabilities for workers. For individuals, I am not a fan of what I have tried.
Each week we conclude 5 business technology news articles that will impact your business and my business. And I’ll explain why.
