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GLOBAL NEWS

EU and U.S. Maintain $81B in Trade with Russia Despite Sweeping Sanctions

The United States and Europe continue to trade billions of dollars with Russia in spite of broad sanctions, especially in industries that are not subj

The United States and Europe continue to trade billions of dollars with Russia in spite of broad sanctions, especially in industries that are not subject to embargoes. In 2024, the United States imported $9 billion worth of industrial goods, metals, and chemicals from Russia, compared to $72 billion for the EU. Trade has continued because of exemptions and loopholes, particularly for essential raw materials. While American corporations rely on Russian titanium for aircraft, European companies point to supply chain dependencies. This, according to critics, jeopardises attempts to isolate Moscow over its conflict in Ukraine. In the meantime, Russia has lessened the impact of Western prohibitions by shifting exports to Asia and Latin America. A complicated web of economic interconnection is revealed by the statistics, casting doubt on the efficacy of the sanctions regimes in place. Read More..

B2B Tech News | 3 months ago      

People Inc. CEO Calls Google a “Bad Actor” Over AI Content Scraping

Google has been called a "bad actor" by Neil Vogel, CEO of People Inc., for employing a single crawler to index webpages for search and AI training wi

Google has been called a "bad actor" by Neil Vogel, CEO of People Inc., for employing a single crawler to index webpages for search and AI training without paying publishers. Vogel made the case during his speech at the Fortune Brainstorm Tech conference that this dual usage enables Google to "steal content" and still profit from search traffic. He pointed out that in recent years, Googles traffic share to People Inc. has decreased from 90% to less than 30%. In response, People Inc. inked a contract with OpenAI, which Vogel referred to as a "good actor," and teamed up with Cloudflare to restrict AI crawlers that dont pay. Talks have been started by other major LLM providers. The argument highlights the escalating conflicts over data ownership and AI monetisation between publishers and internet behemoths. Read More..

B2B Tech News | 3 months ago      

Microsoft Debuts MAIVoice1 for Native Audio Generation in Copilot Labs

Microsofts new MAIVoice1 AI model has enabled native audio production in Copilot Labs. Three modes are now available for users to transform scripts in

Microsofts new MAIVoice1 AI model has enabled native audio production in Copilot Labs. Three modes are now available for users to transform scripts into emotive voiceovers Story multicharacter narration, Emotive dramatic intonation, and Scripted verbatim reading. These voices have a more dynamic and natural tone than typical texttospeech. Users with personal accounts can now access the feature, which supports SME2enabled KleidiAI libraries and Android 16 tools. After being trained on 15,000 Nvidia GPUs, MAIVoice1 can produce a minute of audio in less than a second with just one GPU. Microsoft wants Copilot to be a flexible tool for marketing, storytelling, and formal presentations. Future desktop and mobile app development is anticipated. Read More..

B2B Tech News | 3 months ago      

Starlink Restores Service After Outage Hits 43,000 Users in U.S. and Ukraine

After a significant disruption interrupted internet access for more than 43,000 people in the frontline forces of the United States and Ukraine, Elon

After a significant disruption interrupted internet access for more than 43,000 people in the frontline forces of the United States and Ukraine, Elon Musks Starlink restored service. Early Monday saw the disruption, with Downdetector indicating widespread problems in places including Phoenix, Dallas, Houston, Atlanta, Seattle, and Chicago. On its website, Starlink momentarily recognised the outage and said engineers were looking into it. However, the notification was suddenly taken down without providing any additional context. By 115 a.m. ET, the number of interruption reports fell below 1,000. Although service was promptly restored, the event sparked questions about Starlinks dependability in highrisk areas. The interruption serves as a reminder of the increasing reliance on satellite internet for military and civilian access, particularly in areas with poor infrastructure or in areas that are experiencing active conflict. Read More..

B2B Tech News | 3 months ago      

FastNetMon Neutralizes Record 1.5Bpps DDoS Attack Targeting EU Vendor

Targeting a DDoS mitigation company in Western Europe, FastNetMon stopped a huge DDoS attack that peaked at 1.5 billion packets per second Bpps. Using

Targeting a DDoS mitigation company in Western Europe, FastNetMon stopped a huge DDoS attack that peaked at 1.5 billion packets per second Bpps. Using a UDP deluge to overwhelm infrastructure, the attack started with MikroTik routers and IoT devices that had been taken over from 11,000 networks. The threat was eliminated without affecting service thanks to FastNetMons realtime detection and scrubbing technology. Experts caution that the widespread weaponization of consumer devices is a concerning trend. Rising packetrate and bandwidthdriven dangers are highlighted by the incident, which comes after another volumetric attack that broke records. ISPlevel filtering is recommended by FastNetMon to stop future floods. The incident highlights the increasing complexity of DDoS attacks and the pressing requirement for proactive, dispersed defences across international networks. Read More..

B2B Tech News | 3 months ago      

Vietnam’s Credit Bureau Hit by Cyberattack, Shiny Hunters Suspected

A cyberattack at the State Bank of Vietnams National Credit Information Centre CIC may have revealed private creditor information. Authorities believe

A cyberattack at the State Bank of Vietnams National Credit Information Centre CIC may have revealed private creditor information. Authorities believe the intrusion was caused by the wellknown hacker collective Shiny Hunters, which frequently targets large companies like Microsoft and Google. CIC asserts that its systems are still up and running and that no sensitive financial information, such as login credentials or credit card details, was hacked. Leading companies are working with Vietnams Cybersecurity Emergency Response Centre to safeguard and probe the system. Citing potential legal repercussions, officials have cautioned against downloading or disseminating any disclosed data. Although it is unlikely to have an immediate impact on deposit flows, JPMorgan pointed out that the hack might raise cybersecurity expenses for Vietnamese banks. Read More..

B2B Tech News | 3 months ago      

Sweden Deepens Trade Ties with India, Spotlighting Green Tech and AI

The "Time for Sweden" event in New Delhi highlighted Swedens increased trade and innovation collaboration with India. In India, more than 280 Swedish

The "Time for Sweden" event in New Delhi highlighted Swedens increased trade and innovation collaboration with India. In India, more than 280 Swedish businesses employ 220,000 people directly and 2.2 million indirectly. They are also making increasing investments in manufacturing, digitalisation, and green technology. In Sweden, where FDI from India has increased 191% in just five years, Indian companies such as TCS and Bharat Forge are also growing. Green hydrogen, artificial intelligence, space technology, life sciences, and 5G/6G are important areas of collaboration. With tech companies like Spotify and Storytel joining traditional companies like SKF and Volvo, Western India continues to be a centre for Swedish business. Shared objectives in sustainability, innovation, and longterm economic benefit are reflected in the relationship. Read More..

B2B Tech News | 3 months ago      

Trump Urges EU to Impose 100% Tariffs on China, India Over Russian Oil Ties

In an effort to put pressure on Russia to halt its war in Ukraine, U.S. President Donald Trump has called for the European Union to slap 100% tariffs

In an effort to put pressure on Russia to halt its war in Ukraine, U.S. President Donald Trump has called for the European Union to slap 100% tariffs on China and India. In a virtual meeting with U.S. and EU officials, Trump made the idea and said that the U.S. would only take action if Europe joined. The action targets the ongoing imports of Russian oil by China and India. Citing similar concerns, Trump increased duties on Indian goods to 50% last month. Trump called Indian Prime Minister Narendra Modi a "very good friend" and voiced confidence about trade negotiations with him despite the concerns. Modi gave a positive response, highlighting the possibilities of the alliance between the United States and India. In the midst of geopolitical unrest, the plan adds another level of friction to global trade. Read More..

B2B Tech News | 3 months ago