Identify the recent developments in technology affecting business and propelling globalization.

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The recent technological developments have impacted the business world and globalization. As digital platforms became more prevalent, companies were able to communicate with clients around the globe. This increased their ability to conduct business and reach. Communication technologies, such as videoconferencing, have increased collaboration opportunities between businesses in various time zones and countries. Artificial intelligence advances are also helping organizations automate processes, which increases efficiency and reduces labor costs. Big Data analytics can provide valuable insights on customer behaviour that will help develop marketing strategies tailored to specific target audiences. These technological innovations, in short, have changed the way business is done today. They provide new ways to connect people around the world.