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GLOBAL NEWS

Asian Oil Prices Slide as U.S. Rate Hike Fears Emerge

Due to anticipation of a U.S. interest rate increase offsetting U.S. crude inventory reductions, oil prices fell in Asia. While American WTI crude dro

Due to anticipation of a U.S. interest rate increase offsetting U.S. crude inventory reductions, oil prices fell in Asia. While American WTI crude dropped 0.78% to $88.96, its lowest price since September 14, Brent futures for November declined 0.76% to $92.82 a barrel. The U.S. Federal Reserves hawkish attitude on prospective rate rises at the years end might exert pressure on oil prices, affecting economic growth and fuel consumption. As a result of this posture, the U.S. currency strengthened, further pushing down oil prices. While U.S. crude inventories decreased as predicted, other experts noticed a less dramatic decrease. Despite this, low Cushing crude stocks, OPEC+ production cutbacks, and tight global supply continue to boost oil prices. Read More..

B2B Tech News | 3 days ago      

Nvidia CEO Jensen Huang Bolsters Indias Tech Ties for Future Growth

Jensen Huang, the CEO of Nvidia, just completed a fiveday visit to India, emphasising economic potential rather than merely diplomatic relations. Nvid

Jensen Huang, the CEO of Nvidia, just completed a fiveday visit to India, emphasising economic potential rather than merely diplomatic relations. Nvidia, famed for its graphics processors that enable AI, finds that India, with its enormous population, is a critical market. India is appealing for AI expertise, chip production, and product sales as the U.S. tightens restrictions on highend semiconductor exports to China. Huang spoke on retraining the workforce and developing AI models using Indian resources. He also expressed trust in the countrys technical expertise, particularly in students who had graduated from top schools like the Indian Institutes of Technology. The journey serves as a reminder of Indias expanding importance in the global IT sector. Read More..

B2B Tech News | 3 days ago      

Suspected Pakistani Hackers Unleash CapraRAT Trojan via Fake YouTube App

The CapraRAT mobile remote access trojan RAT has been disseminated by the Transparent Tribe, a hacking organisation with possible ties to Pakistan, ut

The CapraRAT mobile remote access trojan RAT has been disseminated by the Transparent Tribe, a hacking organisation with possible ties to Pakistan, utilising malicious Android applications that look like YouTube. This technique has been used for monitoring, mainly focusing on Pakistani human rights activists and anyone active in Kashmirs problems. The Indian education industry was the hackers most recent target. The very intrusive Android framework CapraRAT hides RAT capabilities in other programs. Transparent Tribe uses its websites and social engineering to entice victims as it distributes these programs outside the Google Play Store. The spyware can access and steal private information, including texts, audio, and video. Read More..

B2B Tech News | 3 days ago      

Amazons Alexa Gets Smarter With Natural Conversations and Emotions

Amazon has released an updated version of its Alexa voice assistant featuring generative AIpowered capabilities. The new Alexa may participate in more

Amazon has released an updated version of its Alexa voice assistant featuring generative AIpowered capabilities. The new Alexa may participate in more casual conversations without using a wake word and speaking humanlike. Users may use it to create and send messages it can even convey feelings like joy or empathy based on the situation. Amazon demonstrated its artificial intelligence AIpowered smart home capabilities, enabling customers to make conversational requests like lighting changes. In addition to hardware changes, the firm announced the Echo Show 8 with dynamic display modifications. The new additions in a highly competitive AI industry seek to improve user experiences and increase Alexas capabilities. Read More..

B2B Tech News | 3 days ago      

Crypto Exchanges on High Alert After Konni Group Attack

APT group Konni from North Korea has conducted a rare attack on the Bitcoin industry using a vulnerability in WinRAR. Konnis selection is unique beca

APT group Konni from North Korea has conducted a rare attack on the Bitcoin industry using a vulnerability in WinRAR. Konnis selection is unique because the Lazarus Group typically targets the banking and crypto industries. A sample called "wallet_Screenshot_2023_09_06_Qbao_Network.zip" was used in the assault to target Qbao Network, a service that provides intelligent cryptocurrency wallets. Through the WinRAR flaw, the victim unwittingly runs malicious payloads. Even when WinRAR released a patch, many users werent using it, revealing North Korean hackers more extensive strategy to attack banks and cryptocurrency exchanges. It emphasises the necessity of ongoing watchfulness and security improvements inside the Bitcoin sector. Read More..

B2B Tech News | 3 days ago      

AI Image Generation Gets a Boost DallE 3 Launches with ChatGPT

OpenAI unveiled DallE 3, the most recent version of its texttoimage tool, and integrated it with ChatGPT, an AI chatbot. Starting in October, ChatGPT

OpenAI unveiled DallE 3, the most recent version of its texttoimage tool, and integrated it with ChatGPT, an AI chatbot. Starting in October, ChatGPT Plus and Enterprise customers can use this tool over the API. DallE 3 has improved protections to stop the creation of violent, pornographic, or hateful content. It can produce exact, detailed graphics depending on user requirements. Additionally, it rejects requests for photos of certain prominent personalities or those that mimic living artists. Creators can prevent their work from being used to train texttoimage systems in the future, thanks to OpenAI. The business is up against other AI picture production efforts and legal difficulties, including a recent lawsuit from American writers. Read More..

B2B Tech News | 3 days ago      

SambaNova Revolutionises AI Using GameChanging Semiconductor

SambaNova Systems, an AI chip startup, introduced the SN40L semiconductor designed to enable the utilization of larger AI models costeffectively. The

SambaNova Systems, an AI chip startup, introduced the SN40L semiconductor designed to enable the utilization of larger AI models costeffectively. The chip can run models over twice the size of advanced AI models like OpenAIs ChatGPT. It targets enterprise applications, prioritizing security, accuracy, and privacy. While Nvidia dominates the AI chip market, high demand for generative AI software has strained supply. SambaNovas chip can handle 5 trillion parameter models and features advanced memory solutions to prevent bottlenecks. Taiwan Semiconductor Manufacturing Company TSMC manufactures the chip, aiming to provide an alternative to Nvidias offerings. Read More..

B2B Tech News | 3 days ago      

UK Government Urges Meta to Halt Encryption Plans Amid Child Safety Concerns

The UK government is pleading with Meta, a platform owned by Mark Zuckerberg, to postpone its plans to roll out encrypted communications, saying doing

The UK government is pleading with Meta, a platform owned by Mark Zuckerberg, to postpone its plans to roll out encrypted communications, saying doing so will enable child predators to "hide in the dark." To raise awareness of the need for safety measures to identify child abuse activity in encrypted messages, the Home Office launched a campaign with a survivors letter to Zuckerberg. According to the National Crime Agency, encrypting Instagram and Messenger chats might drastically lower abuse reports. Suella Braverman, the UK Home Secretary, argues that Meta must ensure that children are secure. Privacy concerns continue as the internet safety measure, which might influence encryption, moves through parliament. Read More..

B2B Tech News | 3 days ago