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GLOBAL NEWS

Meta Automates 90% of Risk Assessments, Raising AI Oversight Concerns

Meta is replacing its humanled privacy and integrity checks with AI for 90% of its risk assessments for new products and updates. The AI system will a

Meta is replacing its humanled privacy and integrity checks with AI for 90% of its risk assessments for new products and updates. The AI system will assess safety tools, contentsharing guidelines, and algorithm tweaks, granting immediate approvals or necessary adjustments. Critics warn of less monitoring, particularly in areas like misinformation management, youth protection, and AI safety, despite Metas promises that this will speed up feature rollouts. Because AI lacks human judgement in complicated ethical issues, some employees worry that the change could increase hazards in the real world. Although internal documents indicate automation will spread to sensitive areas, Meta maintains that human reviewers will continue to handle highrisk instances. Read More..

B2B Tech News | 1 months ago      

Critical Linux Vulnerabilities Expose Password Hashes via Core Dump Manipulation

Cybersecurity researchers have discovered two critical vulnerabilities in Linux systems that could allow attackers to steal passwords through core dum

Cybersecurity researchers have discovered two critical vulnerabilities in Linux systems that could allow attackers to steal passwords through core dump manipulation. The flaws affect Ubuntu, Fedora, and Red Hat Enterprise Linux, enabling local attackers to exploit race conditions and gain unauthorized access to sensitive data. The vulnerabilities stem from weaknesses in Apport Ubuntu’s crash reporting tool and systemdcoredump Red Hat’s core dump handler, potentially exposing password hashes from /etc/shadow. Security experts recommend disabling core dumps for SUID programs and implementing strict validation measures to mitigate risks. Organizations are urged to patch affected systems immediately to prevent credential theft and unauthorized access Read More..

B2B Tech News | 1 months ago      

Ethiopia and IMF Reach StaffLevel Agreement on $3.4 Billion Loan Program

A stafflevel agreement on the third assessment of Ethiopias $3.4 billion loan program has been achieved with the International Monetary Fund IMF, whic

A stafflevel agreement on the third assessment of Ethiopias $3.4 billion loan program has been achieved with the International Monetary Fund IMF, which could unlock $260 million in funding. The IMF commended Ethiopias economic reforms, pointing to improved international reserves, export growth, and inflation control. With the implementation of financial stability and monetary policy modernisation measures by authorities, the shift to a flexible exchange rate system has gone smoothly. The IMF Executive Board must approve the deal, which should happen in the upcoming weeks. Ethiopia wants to boost growth led by the private sector, restore external debt sustainability, and consolidate macroeconomic achievements. Read More..

B2B Tech News | 1 months ago      

India to Raise Agriculture and Fisheries Concerns at WTO Paris Meeting

During the June 3 WTO ministerial conference in Paris, India will bring up issues related to agriculture, fisheries, and investment facilitation. Oppo

During the June 3 WTO ministerial conference in Paris, India will bring up issues related to agriculture, fisheries, and investment facilitation. Opposing the Chinabacked Investment Facilitation for Development IFD proposal, which India feels could restrict policy space for developing countries, Commerce Minister Piyush Goyal will lead the talks. Additionally, India will press for protections for smallscale fishermen and work towards a longterm solution for the public stockpiling of food goods. The WTOs appellate panel has not operated since 2019 because of U.S. resistance to new appointments India will also demand its resuscitation. Through its impact on IndiaEU free trade agreements and wider economic cooperation, the summit will influence global trade policies. Read More..

B2B Tech News | 1 months ago      

Anthropic Hits $3 Billion in Annualized Revenue Amid Enterprise AI Boom

Anthropic has tripled its profitability since December 2024, reaching $3 billion in annualised revenue, on to robust enterprise demand for AI models.

Anthropic has tripled its profitability since December 2024, reaching $3 billion in annualised revenue, on to robust enterprise demand for AI models. Google and Amazonbacked San Franciscobased business Claude AI has found quick acceptance, especially in automation and code development. Venture analysts have referred to Anthropic as one of the fastestgrowing AI companies due to its growth rate surpassing that of typical SaaS benchmarks. Like significant alliances like Notion, DuckDuckGo, and Quora, Anthropic is establishing a niche in enterprise AI solutions, while OpenAI leads the consumer AI industry. The business is now valued at $61.4 billion, solidifying its standing as a top supplier of AI. Read More..

B2B Tech News | 1 months ago      

China Rejects Trump’s Accusations of Geneva Trade Agreement Violations

China has denied allegations of violating the Geneva trade agreement made by U.S. President Donald Trump, describing the charges as "baseless" and thr

China has denied allegations of violating the Geneva trade agreement made by U.S. President Donald Trump, describing the charges as "baseless" and threatening harsh retaliation. China’s Commerce Ministry claims it has faithfully enforced the agreement, while the U.S. imposed unfair trade measures after Trump claimed Beijing had not fulfilled its pledges to lower tariffs. These include restrictions on exporting AI chips, prohibitions on the selling of software, and the cancellation of student visas. Tripledigit tariffs were temporarily suspended by the Geneva Accord, which was signed in May 2025. However, tensions increased as Trump hiked steel and aluminium tariffs to 50%. China threatened retaliatory trade measures and asked the United States to reverse its decisions. Read More..

B2B Tech News | 1 months ago      

HSBC Injects $4 Billion Into Private Credit Funds Amid Market Expansion

With a $4 billion investment into its private credit funds, HSBC hopes to increase its market share in the $2 trillion worldwide private credit indust

With a $4 billion investment into its private credit funds, HSBC hopes to increase its market share in the $2 trillion worldwide private credit industry. The money will be invested in alternative credit funds managed by HSBC Asset Management, which hopes to raise outside funding to create a $50 billion credit fund in five years. Given the fall in revenues from traditional lending, HSBCs action is consistent with a larger trend of banks expanding into private loans. CEO Georges Elhedery positioned HSBC against private equity behemoths like Ares Management and Blackstone by emphasising the move towards higherreturning investments. Direct lending in the UK and Asia will be the primary focus of the funds global deployment. Read More..

B2B Tech News | 1 months ago      

APT41 Exploits Google Calendar for CommandandControl Malware Operations

APT41, a hacker collective with ties to China, launched a sophisticated cyberattack using Google Calendar as a commandandcontrol C2 channel, according

APT41, a hacker collective with ties to China, launched a sophisticated cyberattack using Google Calendar as a commandandcontrol C2 channel, according to Googles Threat Intelligence Group GTIG. Through spearphishing emails that contained a malicious ZIP package posted on a hacked government website, the virus, known as TOUGHPROGRESS, was disseminated. The software enabled hackers to exfiltrate confidential data and deliver remote commands by creating zerominute calendar events with encrypted data contained. Google has notified the impacted organisations and terminated the fraudulent Calendar accounts. Similar assaults have previously been carried out by APT41 using Google Drive and Sheets, underscoring the increasing abuse of cloud services in cyber espionage. Read More..

B2B Tech News | 1 months ago