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U.S. Senators Briefed on Concerns Over Chinese Pharmaceutical Firms Alleged IP Transfer

U.S. intelligence authorities briefed senators on concerns related to the purported unapproved transfer of intellectual property from the United State

U.S. intelligence authorities briefed senators on concerns related to the purported unapproved transfer of intellectual property from the United States to China by WuXi AppTec, a Chinese pharmaceutical company. Led by the FBI, State Department, and intelligence agencies, the briefing outlined possible actions that counter U.S. national security objectives, such as transferring intellectual property owned by a U.S. client to Chinese authorities. WuXi AppTec said the company complied with US standards and refuted any unauthorised transfers. The Senate was debating a bill that would limit trade with Chinese biotech companies at the same time as the briefing. After that, the law moved forward, with business backing changing due to worries over Chinas military connections and national security. Citing worries over national security, the Biden administration also released an executive order restricting data exports to China. Read More..

B2B Tech News | 2 months ago          

Dutch Prime Minister Confirms Cyberespionage Talks with Chinese President Xi Jinping

The president of China and Dutch Prime Minister Mark Rutte had a conversation about a cyberespionage event that the Netherlands had said was the work

The president of China and Dutch Prime Minister Mark Rutte had a conversation about a cyberespionage event that the Netherlands had said was the work of China. According to the Dutch intelligence service MIVD, the incident included Chinese statesponsored cyber spies gaining access to a military network in the Netherlands. This is the first time the Netherlands has publicly linked cyber espionage to China amid rising national security concerns and disagreements over the sale of sophisticated semiconductor equipment. Although Beijing consistently refutes these accusations, Rutte raised the subject privately during his meeting with Xi, highlighting the significance of tackling challenging subjects like cyberattacks. China and Western nations have been accusing one another of hacking, which has increased tensions over cyber espionage. Read More..

B2B Tech News | 2 months ago          

U.S. State Department Offers $10 Million Bounty for Blackcat Ransomware Gang

The U.S. State Department has offered a bounty of up to $10 million for information that results in the identifying or apprehending the "Blackcat" ran

The U.S. State Department has offered a bounty of up to $10 million for information that results in the identifying or apprehending the "Blackcat" ransomware group. The gang is in charge of attacking vital infrastructure sectors domestically and internationally, as seen by the most recent hack on Change Healthcare, the IT division of the UnitedHealth gang. Due to the attack, there is a $14 billion backlog of medical claims, creating substantial disruption. It is uncertain whether the gang kept its word, even though there have been rumours that UnitedHealth paid the hackers a $22 million ransom. The prize emphasises cyber threats seriousness and how hard it is to defend against them. Read More..

B2B Tech News | 2 months ago          

MLCommons Unveils New Benchmarks for AI Application Response Times

MLCommons issued new benchmarks assessing the reaction times of AI applications. These tests assess the speed at which AI models can be processed and

MLCommons issued new benchmarks assessing the reaction times of AI applications. These tests assess the speed at which AI models can be processed and answers generated by highend hardware. Llama 2 and MLPerf are benchmarks that evaluate texttoimage creation and questionandanswer situations, respectively. The benchmarks were dominated by Nvidias H100 CPUs, with Google, Supermicro, and Nvidias servers performing at the top. Qualcomm and Intel, on the other hand, also submitted designs that prioritised performance and power efficiency. In light of the significance of energy efficiency in using artificial intelligence, MLCommons intends to launch benchmarks that measure power usage independently. Read More..

B2B Tech News | 2 months ago          

Rakuten India Warns Against Fraudulent Scheme Role Exploiting Brand Identity

Rakuten India Enterprise Pvt. Ltd. has released a warning regarding a fraudulent scheme being carried out under the pretence of "Role," taking advanta

Rakuten India Enterprise Pvt. Ltd. has released a warning regarding a fraudulent scheme being carried out under the pretence of "Role," taking advantage of the Rakuten Group Inc. brand and leadership identities. Targeting more than 17,000 users, the fraud circulates via messaging services such as Telegram and WhatsApp. It fools people by sending false invites to a fictitious workplace tour from April 1 to April 3. Due to the circulation of fictitious documents and invites that include Rakuten Indias office address, the company advises people to exercise caution and report any suspicious activity to the relevant authorities. Rakuten India emphasises that it does not solicit money or personal information donations and that no events are planned at its Indian headquarters within the specified time frame. Rakuten India has responded by submitting a First Information Report FIR to the Cyber Crime Police and starting an extensive investigation to combat these fraudulent activities. Read More..

B2B Tech News | 2 months ago          

Apple Sets Dates for WWDC, Promising Focus on iOS Updates and Potential AI Partnerships

From June 10 to June 14, Apple will hold its Worldwide Developers Conference WWDC, emphasising iOS improvements amid rumours of significant operating

From June 10 to June 14, Apple will hold its Worldwide Developers Conference WWDC, emphasising iOS improvements amid rumours of significant operating system changes and possible AI collaborations. For a limited number of developers and students, the event will be accessible online and feature inperson attendance at Apple Park on the opening day. Investors expect Apple to continue developing AI technology since the business wants to integrate technology into its products. Plans call for improving the customisation of the iPhone home screen in iOS 18 and leveraging Googles Gemini for chatbots. This coincides with sluggish iPhone sales and recent advances, such as the Vision Pro mixed reality headset presented during the conference last year. Read More..

B2B Tech News | 2 months ago          

Elon Musk Expands Access to xAIs Chatbot Grok for All Premium Subscribers of X

Elon Musk declared that all X previously Twitter premium users will have access to Grok, the chatbot developed by xAI. This move, previously exclusive

Elon Musk declared that all X previously Twitter premium users will have access to Grok, the chatbot developed by xAI. This move, previously exclusive to Premium+ members, attempts to lessen the platforms reliance on advertising income in light of changing market conditions. Musk decided in response to worries over OpenAIs purpose change, having previously stated that xAI will opensource Grok. Musk hopes to promote experimentation by granting unrestricted access to the code. By using opensource AI models, this action places xAI in line with major industry participants like Meta and Mistral. Musks tactical change highlights a more significant trend in the social media industry towards subscriptionbased income models, even though implementation details are unknown. Read More..

B2B Tech News | 2 months ago          

WhatsApp Leak Suggests Plans for International Payments via UPI

According to a leak from tipster @AssembleDebug on X, WhatsApp may allow foreign payments for Indian users via its inapp UPI service. Thanks to this s

According to a leak from tipster @AssembleDebug on X, WhatsApp may allow foreign payments for Indian users via its inapp UPI service. Thanks to this service, users with Indian bank accounts can transfer money to a few chosen foreign retailers. Users may specify start and end dates for the service by selecting the "International payments" option in the Payments menu, according to the leaked images. The UPI PIN must be entered to activate. International payments made over UPI typically expire after a while and require human reactivation in the case of WhatsApp, this may happen every three months. Although rivals such as Google Pay provide extended transaction durations, WhatsApps recent action may increase customers using its financial service for overseas payments. Were waiting for official word from WhatsApp. Read More..

B2B Tech News | 2 months ago          



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