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Unicredit CEO Andrea Orcel Advocates for Merger with Commerzbank to Strengthen German Banking Sector

Strong support for a possible merger between Unicredit and Commerzbank has been voiced by Andrea Orcel, CEO of Unicredit, who believes it may signific

Strong support for a possible merger between Unicredit and Commerzbank has been voiced by Andrea Orcel, CEO of Unicredit, who believes it may significantly improve the competitive environment in the German banking industry. Retail customers and German Mittelstand businesses might gain from a stronger rival created by such a combination, according to Orcel. Although Unicredit now owns 9% of Commerzbank, he stressed that Commerzbanks stockholders ultimately choose to combine. Unicredit is willing to have more conversations, according to Orcel, but there is no deadline for doing so. Local management at Commerzbank has expressed opposition to Unicredits recent action, indicating that the idea has caused a stir. Read More..

B2B Tech News | 1 months ago      

Tiger Global to Join MultiBillionDollar Funding Round for OpenAI, Valuation Could Hit $150 Billion

The multibilliondollar OpenAI fundraising round is expected to include venture capital company Tiger Global Management, which may value the ChatGPT cr

The multibilliondollar OpenAI fundraising round is expected to include venture capital company Tiger Global Management, which may value the ChatGPT creator at $150 billion. Thrive Capital is expected to lead the round with a $1 billion investment, helmed by Josh Kushner. OpenAI has to raise $6.5 billion, including $5 billion in debt, so this investment round is essential. Previous supporter Tiger, valued at $14.5 billion in 2019, contributed $50 million at the time of investment. Other notable investors were Microsoft, Nvidia, Apple, and G42 of Abu Dhabi. With an emphasis on sophisticated problemsolving skills, the financing will help OpenAI grow and introduce its new "Strawberry" AI models. Read More..

B2B Tech News | 1 months ago      

Disney and DirecTV Reach Deal to Restore Programming, Integrate Streaming Services

Walt Disney and DirecTV have agreed to bring back to DirecTVs 11 million subscribers Disneyowned content, such as ABC and ESPN, after a blackout that

Walt Disney and DirecTV have agreed to bring back to DirecTVs 11 million subscribers Disneyowned content, such as ABC and ESPN, after a blackout that started on 1 September. By incorporating Disneys streaming services, including Disney+, Hulu, and ESPN+, onto its platform, the agreement improves DirecTVs offers with genrespecific bundles. This deal, which guarantees ESPNs future streaming service distribution rights, strengthens Disneys financial conditions and coincides with Disneys anticipated excellent performance at the Emmy Awards. The resolution underscores the continuous modifications in the television sector as content creators and suppliers respond to the increasing prominence of streaming services and changing customer tastes. Read More..

B2B Tech News | 1 months ago      

Adobe Expands Express to Support Eight Indian Languages, Boosting Native Content Creation

Eight Indian languages—Hindi, Bengali, Gujarati, Kannada, Malayalam, Punjabi, Tamil, and Telugu—are now supported by Adobe Express, the companys c

Eight Indian languages—Hindi, Bengali, Gujarati, Kannada, Malayalam, Punjabi, Tamil, and Telugu—are now supported by Adobe Express, the companys content production platform. With this change, native language speakers will have more influence over content production for desktop, online, and Android and iOS apps. Now that they can access AI technologies in regional languages, like Firefly, users can produce photos and movies more easily. It is possible to translate and modify templates into Indian languages with features like AutoTranslation, a paid utility. Combine hundreds of templates and Adobe Stock material with AI capabilities like Animate from Audio, Remove Background, and Generative Fill in Adobe Express. For ₹480, you may get 100GB of cloud storage and full access to all Firefly features with the premium membership. Read More..

B2B Tech News | 1 months ago      

Tenable Unveils AI Aware to Safeguard Against AI Vulnerabilities in Evolving Cybersecurity Landscape

The exposure management firm Tenable has introduced AI Aware, a sophisticated detection tool intended to locate and handle vulnerabilities connected t

The exposure management firm Tenable has introduced AI Aware, a sophisticated detection tool intended to locate and handle vulnerabilities connected to artificial intelligence within its Tenable Vulnerability Management platform. Organisations face issues like data leaks and unauthorised AI use as cybersecurity concerns rise along with AI technology. Businesses can manage AI risks without compromising operations using AI Aware, which provides insight into AI apps, libraries, and plugins. It detects authorised and unauthorised AI software and vulnerabilities using various detection techniques, preventing exploitation and data breaches. Shadow software identification, assetcentric AI inventory, and dashboard views for typical AI vulnerabilities are essential aspects. Tenable seeks to enable organisations to reliably use AI in an everchanging AI ecosystem while upholding security protocols. Read More..

B2B Tech News | 1 months ago      

Vi Becomes First Indian Telecom Operator to Attain PCI DSS 4.0 Certification for Payment Security

Being the first Indian telecom operator to obtain this distinction, Vi, a wellknown telecom provider in India, has received the Payment Card Industry

Being the first Indian telecom operator to obtain this distinction, Vi, a wellknown telecom provider in India, has received the Payment Card Industry Data Security Standard PCI DSS 4.0 accreditation for its retail locations and payment channels. This accreditation demonstrates Vis dedication to protecting client financial information by following strict international security guidelines. The Payment Card Industry Security Standards Council PCI SSC created PCI DSS 4.0 to shield cardprocessing organisations from fraud and data breaches. Vi worked with Vista InfoSec to reach this goal, demonstrating its commitment to data security. Vis leadership in data protection is further cemented by this accomplishment, which comes after it was the first telecom operator in India to obtain SOC2 Type II accreditation. Read More..

B2B Tech News | 1 months ago      

GitLab Issues Urgent Updates to Patch Critical Vulnerabilities, Including Pipeline Exploits

GitLab has patched many vulnerabilities, the most serious of which allowed attackers to launch pipelines as arbitrary users in specific scenarios. The

GitLab has patched many vulnerabilities, the most serious of which allowed attackers to launch pipelines as arbitrary users in specific scenarios. The release has fixed eight security flaws in GitLab Community Edition CE and Enterprise Edition EE. Because the most major vulnerability allows for remote exploitation with minimum rights, attackers may be able to perform environmentstop operations as task owners, which presents profound security implications. Users are highly encouraged to update to the most recent versions of GitLab. Command injection vulnerabilities, ServerSide Request Forgery SSRF attacks, DenialofService DoS hazards, and session hijacking threats are other highseverity problems. These vulnerabilities, which impact different versions of GitLab CE/EE, might provide attackers access to internal networks, let them run unauthorised commands, or stop services. Read More..

B2B Tech News | 1 months ago      

Zoho Analytics Unveils AIEnhanced Platform with Over 100 Upgrades, Including ML Studio and OpenAI Integration

Zoho has released a new version of Zoho Analytics with over 100 improvements. Advanced AI and machine learning features are now included in the platfo

Zoho has released a new version of Zoho Analytics with over 100 improvements. Advanced AI and machine learning features are now included in the platform for automated reporting and dashboards, predictive analysis, and diagnostic insights. A unique ML modelbuilding studio, OpenAI integration, and more than 25 new data connections are some of the significant additions. With the use of enhanced ETL pipelines and Stream Analytics, the platform improves data management. Additionally, Ask Zia, Zohos AI assistant, facilitates natural language processing for more straightforward data handling. Furthermore, Zoho Analytics now connects with Power BI and provides a nocode connection builder. With a 67% sales increase in India, midsized and big businesses in various industries utilise Zoho Analytics extensively. Read More..

B2B Tech News | 1 months ago