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South Korea Investigates Overseas Shopping Platforms Over Data Practices

In light of a sharp rise in South Koreas use of Chinese ecommerce platforms, the Personal Information Protection Commission in that country is looking

In light of a sharp rise in South Koreas use of Chinese ecommerce platforms, the Personal Information Protection Commission in that country is looking into the data practices of prominent international shopping platforms. In particular, the commission is concentrating on sites like Temu and AliExpress. Concerns about how these sites handle data were raised during a legislative audit last year, which prompted this study. To guarantee compliance with South Korean legislation, the commission assesses how the platforms handle personal information, move data abroad, and implement security measures. Furthermore, South Koreas Fair Trade Commission inspectors were recently dispatched to AliExpresss South Korean headquarters to look into the companys consumer protection policies. The rapid growth of Chinese ecommerce platforms in South Korea has raised questions about their potential impact on established players like Naver Shopping and Coupang. However, local firms advantages in shipping and r Read More..

B2B Tech News | 1 months ago

Dell Technologies and CrowdStrike Expand Partnership for Enhanced Cybersecurity

The Falcon XDR platform from CrowdStrike and Dell Technologies have joined forces to offer Dells Managed Detection and Response MDR services. This is

The Falcon XDR platform from CrowdStrike and Dell Technologies have joined forces to offer Dells Managed Detection and Response MDR services. This is the result of an extended strategic cooperation between the two companies. Organisations must contend with a cybersecurity skills gap while attempting to fight against more sophisticated assaults. By offering clients a comprehensive managed security solution that lowers complexity and improves security posture across multicloud and multivendor settings, the partnership seeks to solve these issues. Scalable and outcomebased security solutions are provided to customers by Dells worldwide security operations professionals in conjunction with CrowdStrikes proactive threathunting capabilities. By enabling clients to identify, respond to, and recover from events effectively, our alliance seeks to improve security results while cutting costs. Read More..

B2B Tech News | 1 months ago

OpenAI and Microsoft Tools Flagged for Potential Election Misinformation

A paper published by the Centre for Countering Digital Hate CCDH claims that artificial intelligencepowered image creation tools, such as those from M

A paper published by the Centre for Countering Digital Hate CCDH claims that artificial intelligencepowered image creation tools, such as those from Microsoft and OpenAI, may be abused to produce false images associated with elections or voting. These AI tools were discovered to generate visuals that might support misinformation campaigns despite laws prohibiting misleading content creation. Using ChatGPT Plus and Image Creator, among other AI technologies, CCDH produced images of President Joe Biden in a hospital bed and election workers breaking voting equipment. Some solutions, like Midjourney, performed severely and produced deceptive information in 65% of tests. At the same time, other tools effectively blocked requests for candidate photos. Read More..

B2B Tech News | 1 months ago

Google Establishes First Cybersecurity Base in Tokyo

As reported by the Nikkei newspaper on Thursday, Google has opened its first cybersecurity hub in Tokyo as part of its efforts to support cybersecurit

As reported by the Nikkei newspaper on Thursday, Google has opened its first cybersecurity hub in Tokyo as part of its efforts to support cybersecurity initiatives in the AsiaPacific area. Computer engineers from different organisations in the region would be able to collaborate and research cyber countermeasures at the facility. With this project, Google is demonstrating its dedication to improving cybersecurity infrastructure and knowledgesharing in the area and tackling the increasing risks posed by cyberspace. Read More..

B2B Tech News | 1 months ago

Nokia Partners with STL to Develop Advanced Enterprise Connectivity Solutions

Nokia and STL have formed a strategic cooperation to create cuttingedge enterprise connectivity solutions to promote creativity and help companies thr

Nokia and STL have formed a strategic cooperation to create cuttingedge enterprise connectivity solutions to promote creativity and help companies thrive in the digital era. Predictive operations and multiservice premise edge connection are two examples of technologies used in this partnership to improve customer experience related to the changing demands of businesses in diverse industries. This agreement will combine Nokias technological acumen in 5G and IoT with STLs experience in connectivity solutions to enable highspeed, lowlatency connections for applications like realtime analytics and 5G. Furthermore, the partnership will focus on governmentinitiated connectivity initiatives, utilizing STLs system integration skills and Nokias B2B technology portfolio. Together, they want to spur industrywide transformation and quicken the pace of the Industry 4.0 revolution. Praveen Cherian, CEO of Global Services Business at STL, highlighted the synergy between the two companies. At the same Read More..

B2B Tech News | 1 months ago

LinkedIn, Owned by Microsoft, Restores Normal Operations After Outage

After a brief outage that impacted thousands of users, Microsoft owns LinkedIn. The social media platform has resumed regular operations. In the Unite

After a brief outage that impacted thousands of users, Microsoft owns LinkedIn. The social media platform has resumed regular operations. In the United States, there were nearly 48,000 complaints of outages at its height. Downdetector.com, an outage tracking service, kept an eye on these interruptions. LinkedIn confirmed the problems earlier on Wednesday and said an inquiry was underway. This event comes after a more significant outage that affected hundreds of thousands of users globally on Tuesday for more than two hours on Facebook and Instagram, which Meta owns. Read More..

B2B Tech News | 1 months ago

Tether Reaches $100 Billion in Circulation, Sparking Regulatory Concerns

As Tethers market value approaches $100 billion, worries about possible threats to the financial system surface. In cryptocurrency, the stablecoin, ba

As Tethers market value approaches $100 billion, worries about possible threats to the financial system surface. In cryptocurrency, the stablecoin, backed by dollar reserves, makes swift financial transfers possible. However, because of its systemic significance in the cryptocurrency space, its rapid expansion causes regulatory concerns. Regulators worry that withdrawals from stablecoin reserves might disrupt traditional banking. Tether uses the advantages of financial inclusion and its attempts to comply with regulations to support its worth. Despite the companys claims, analysts warn about Tethers concentration risk and lack of reserve transparency. Although Tethers stability has been demonstrated in the past, concerns remain over its regulatory supervision and the possible consequences of any future interruptions. Read More..

B2B Tech News | 1 months ago

Ghana Warned of Potential Loss of $3.8 Billion in Financing Over AntiLGBTQ Bill

A measure that would discriminate against LGBTQ people might cost Ghanas finance ministry up to USD$3.8 billion in lost foreign funding over five or s

A measure that would discriminate against LGBTQ people might cost Ghanas finance ministry up to USD$3.8 billion in lost foreign funding over five or six years if President Nana AkufoAddo approves it. The law, which Parliament approved with a unanimous vote, makes it illegal to support or engage in LGBTQ activities and carries jail time as a penalty. The ministry highlights negative impacts on exchange rate stability and foreign currency reserves. It recommends enlisting conservative local forces to explain the ramifications for the economy and back essential development projects. International rights organisations and activists oppose the measure, claiming it goes against the fundamentals of equality and human rights. Read More..

B2B Tech News | 1 months ago

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