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GLOBAL NEWS

Hipshipper Data Breach Exposes 14 Million Shoppers’ Personal Details

An unprotected AWS bucket caused a data breach at the worldwide shipping company Hipshipper, exposing the personal information of 14 million customers

An unprotected AWS bucket caused a data breach at the worldwide shipping company Hipshipper, exposing the personal information of 14 million customers. The instance was discovered by CyberNews researchers in December 2024 and stayed open until January 2025. Names, home addresses, phone numbers, and order information were among the exposed data, which raised the possibility of fraud, identity theft, and phishing. Despite the lack of evidence, open instances are often targeted by hackers. Retail companies remain popular targets for hackers, as seen by recent breaches at GrubHub and Hot Topic. Consumers should monitor their financial activity, be cautious of phishing attempts, and avoid dubious connections. Credit warnings and dark web monitoring can also assist in reducing the possibility of data leaks. Read More..

B2B Tech News | 2 months ago      

Google Chrome Tests AIPowered Password Breach Detection and AutoUpdate

A Chrome Canary build shows that Google Chrome explores AIpowered capabilities to identify compromised passwords and create better oneoffs. "Automated

A Chrome Canary build shows that Google Chrome explores AIpowered capabilities to identify compromised passwords and create better oneoffs. "Automated password change" is a function that notifies users when their credentials are compromised and offers to update them automatically. However, comparable features are already present in password managers like NordPass and Bitwarden, casting doubt on Googles assertion of "AI innovation." Chrome has long used databases such as "Have I Been Pwned" without artificial intelligence to detect breaches. Although its still unclear what mechanism Chrome uses to generate passwords, the update focuses more on convenience than security innovations. Meanwhile, Googles Enhanced Protection option in Chromes Safe Browsing settings is now protecting one billion users from malware and phishing attacks. Read More..

B2B Tech News | 2 months ago      

Elon Musk Offers $97.4 Billion to Acquire OpenAI’s Nonprofit Arm

Tensions with CEO Sam Altman increased when Elon Musks group offered $97.4 billion to buy OpenAIs nonprofit organisation. Musk cofounded OpenAI but de

Tensions with CEO Sam Altman increased when Elon Musks group offered $97.4 billion to buy OpenAIs nonprofit organisation. Musk cofounded OpenAI but departed before it gained popularity. In 2023, he founded xAI. His proposal argues that OpenAI should continue prioritising opensource and AI safety to avoid becoming a forprofit business. Altman quickly turned down the offer, joking about purchasing Twitter in its place. SoftBank is considering a $300 billion valuation investment round for OpenAI, previously valued at $157 billion. Musk may be able to finance the transaction through SpaceXbacked loans or the sale of Tesla stock, although this is still unknown. The offer might interfere with OpenAIs ability to raise money and make the board think about fiduciary duties in the face of regulatory scrutiny. Read More..

B2B Tech News | 2 months ago      

Bank of America Projects Record Net Interest Income for 2025

Holly ONeil, head of retail banking at Bank of America, projects a 6% to 7% growth in net interest income NII in 2025, setting a new record. She made

Holly ONeil, head of retail banking at Bank of America, projects a 6% to 7% growth in net interest income NII in 2025, setting a new record. She made this point when speaking at a UBS financial services conference, emphasising that consumer banking would be crucial to this growth. By the fourth quarter of 2025, NII—the gap between revenue from loans and deposits—should have increased to between $15.5 billion and $15.7 billion. This growth expectation strengthens the banks sound financial position by reflecting its confidence in higher interest rates and more loan activity. With the expected increase in NII, Bank of America would achieve a significant milestone and show its tenacity in a changing economic climate. Read More..

B2B Tech News | 2 months ago      

IndiaIsrael Trade Poised for Tenfold Growth, Says Piyush Goyal

IndiaIsrael bilateral commerce may tenfold over the next 12 to 13 years, according to Commerce Minister Piyush Goyal, who emphasised the expansion of

IndiaIsrael bilateral commerce may tenfold over the next 12 to 13 years, according to Commerce Minister Piyush Goyal, who emphasised the expansion of both parties investments. Between April and November 2024, Indias total trade was $2.36 billion, including $1.31 billion in exports to Israel down 62.14% YoY and $1.05 billion in imports down 25.16% YoY. As part of the Viksit Bharat vision, Goyal reiterated Indias goal to become a $30–35 trillion economy by 2047 at the IndiaIsrael Business Forum. He emphasised Indias zerotolerance policy against terrorism and its dedication to international peace and security while also highlighting the connection between India and Israel, which is founded on democracy, economic resilience, and technology. Read More..

B2B Tech News | 2 months ago      

TrumpBacked World Liberty Financial Unveils Strategic Crypto Reserve

Donald Trump owns stock in World Liberty Financial WLF, a cryptocurrency platform that just announced a strategic token reserve to support Ethereum, B

Donald Trump owns stock in World Liberty Financial WLF, a cryptocurrency platform that just announced a strategic token reserve to support Ethereum, Bitcoin, and other popular cryptocurrencies. WLF stated in an X statement that the reserve wants to participate in decentralised finance initiatives, reduce market volatility, and establish strategic alliances with financial institutions. With Trump establishing his $Trump meme coin and Trump Media & Technology Group shifting into financial services, the Trump family has become increasingly involved in cryptocurrency. Reuters thinks that WLF has already sold $500 million worth of tokens. At the Ondo Summit, Trump Jr. recently advocated WLF, highlighting the financial function of cryptocurrencies and arguing for regulatory certainty to support sector expansion. Read More..

B2B Tech News | 2 months ago      

Lam Research to Invest $1.2 Billion in Karnataka, Boosting India’s Chip Industry

A significant milestone in Indias semiconductor aspirations was reached when U.S.based semiconductor toolmaker Lam Research announced a $1.2 billion 1

A significant milestone in Indias semiconductor aspirations was reached when U.S.based semiconductor toolmaker Lam Research announced a $1.2 billion 100 billion rupees investment in Karnataka, India. At the "Invest Karnataka" event, the firm and the Karnataka Industrial Area Development Board KIADB inked a Memorandum of Understanding. Indias $10 billion incentive scheme to grow its semiconductor industry, expected to reach $63 billion by 2026, aligns with this action. India hopes to compete with semiconductor hotspots like Taiwan as international chip companies invest more in the nation. The investment was hailed as a significant milestone by Indias IT minister, who reaffirmed trust in the countrys semiconductor ambition. Bengalurus home state of Karnataka remains a major technological and economic centre, bolstering Indias chipmaking industry. Read More..

B2B Tech News | 2 months ago      

Apple Partners with Alibaba to Bring AI Features to iPhones in China

To reclaim lost market share, Apple is collaborating with Alibaba to add AI capabilities to iPhones in China. Given that iPhone sales are dropping due

To reclaim lost market share, Apple is collaborating with Alibaba to add AI capabilities to iPhones in China. Given that iPhone sales are dropping due to a dearth of AI advancements, Apple views Alibabas extensive customer data and AI knowhow as essential for providing localised and customised AI solutions. After considering Baidu, Tencent, ByteDance, and DeepSeek, Apple finally decided on Alibaba because of its vast digital ecosystem. Regulatory approval is also contingent upon this collaboration to ensure that Apples AI functions abide by Chinese law. The agreement might improve iPhone personalisation, search, and Siri, enabling Apple to use Huaweis AIpowered devices. Yet, it represents a unique change in Apples approach, necessitating a partial ceding of control over its ecosystem. Read More..

B2B Tech News | 2 months ago