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TECH NEWS

Kraken vs. SEC Legal Battle Unleashed Over Crypto Exchange

One of the biggest cryptocurrency exchanges in the world, Kraken, is being sued by the U.S. Securities and Exchange Commission SEC for allegedly opera

One of the biggest cryptocurrency exchanges in the world, Kraken, is being sued by the U.S. Securities and Exchange Commission SEC for allegedly operating as a securities exchange without registering with the agency. According to the lawsuit, Kraken, doing business as Payward Inc. and Payward Ventures Inc., has allegedly broken securities laws for hundreds of millions of dollars throughout 2018. Kraken is accused by the SEC of having inadequate internal controls, including mixing its funds with those of its clients, and of turning a "blind eye" to investor protection. Kraken plans to refute the SECs understanding of digital assets to defend itself and contend that Congress should have the last say on bitcoin exchange regulations. Read More..

B2B Tech News | 1 years ago          

Mustang Panda ChinaLinked Cyber Group Behind Cyber Attack on Philippines Government

Mustang Panda, a cyber espionage group linked to China, has been identified in a cyberattack against a government agency in the Philippines. In August

Mustang Panda, a cyber espionage group linked to China, has been identified in a cyberattack against a government agency in the Philippines. In August 2023, spearphishing emails were used to distribute a malicious ZIP archive file that included a rogue DynamicLink Library DLL using a method known as DLL sideloading. The threat actor sideloaded harmful files using genuine programs like Solid PDF Creator and SmadavProtect, an antivirus program with Indonesian roots. It pretended to be authentic Microsoft traffic to establish command and control links. Mustang Panda has a track record of conducting international cyber espionage against groups that support geopolitical issues that the Chinese government finds attractive. Read More..

B2B Tech News | 1 years ago          

Transportation Secretary Pledges to Watch Over Autonomous Vehicles, Focus on “Cruise”

The federal government would ensure the safe deployment of autonomous cars using its current regulatory powers, according to U.S. Transportation Secre

The federal government would ensure the safe deployment of autonomous cars using its current regulatory powers, according to U.S. Transportation Secretary Pete Buttigieg, who emphasised the importance of General Motors robotaxi company “Cruise”. The remarks follow the resignation of Cruise CEO Kyle Vogt in the wake of a safety assessment of the companys U.S. fleet. Currently, the National Highway Traffic Safety Administration NHTSA is looking into whether Cruise is taking the necessary safety measures to protect pedestrians. Regulators, labour organisations, and the general public watch the autonomous car sector closely as its members attempt to build credibility and address safety issues. Read More..

B2B Tech News | 1 years ago          

Senate Summons CEOs of Discord, Snap, and X for Child Safety Hearing

Subpoenas to testify at a hearing on online child sexual abuse by the U.S. Senate Judiciary Committee on December 6 have been sent to the CEOs of Disc

Subpoenas to testify at a hearing on online child sexual abuse by the U.S. Senate Judiciary Committee on December 6 have been sent to the CEOs of Discord, Snap, and X previously Twitter. The committee had to ask the U.S. Marshals Service for help serving the subpoenas because Discord and X refused to comply, even though Mark Zuckerberg of Meta and Shou Zi Chew of TikTok are anticipated to testify willingly at a later session. In addition to pressing CEOs on their firms efforts to protect children, the committee seeks to address concerns about child safety online. Read More..

B2B Tech News | 1 years ago          

Global Governments Tackle AI Regulation Amid Rapid Technological Advances

The fast growth of AI technology makes government regulation of artificial intelligence AI more difficult. Governments throughout the world are strugg

The fast growth of AI technology makes government regulation of artificial intelligence AI more difficult. Governments throughout the world are struggling with this issue. Numerous nations and areas are addressing the issues raised by AI by developing rules and looking into potential violations. Among the organisations actively interested in forming AI governance are Australia, the United Kingdom, China, the European Union, France, Italy, Japan, Poland, Spain, the United Nations, and the United States. President Joe Biden signed an executive order mandating creators of AI systems with potential dangers to share safety test findings with the government, and the United States plans to establish an AI safety institute. Read More..

B2B Tech News | 1 years ago          

Amazon Integrates Shopping Feature into Snapchat Platform

Amazon and Snapchats parent company, Snap, have teamed up to enable shopping within Snapchat. Users can shop directly from Amazon through Snapchat ads

Amazon and Snapchats parent company, Snap, have teamed up to enable shopping within Snapchat. Users can shop directly from Amazon through Snapchat ads without leaving the app. Amazons ads on Snapchat will display realtime pricing, Prime eligibility, delivery details, and product information. Linking Snapchat and Amazon accounts allows seamless inapp shopping. This partnership builds on their prior collaboration, where users could virtually try on glasses through AR on Snapchat before purchasing on Amazon. Snap aims to leverage its large user base for new interactive experiences. Snap, known for photo messaging, seeks to boost revenue through digital ads, competing with tech giants like Google and Facebook. Details about revenue sharing between Snap and Amazon for inapp transactions are undisclosed. Read More..

B2B Tech News | 1 years ago          

Microsoft Ignite Showcases Teams AI Noise Reduction and Virtual Workspace Enhancement

Microsoft unveiled updates across its products at Ignite, highlighting new features for Windows, Microsoft 365, and Azure. Notably, Teams introduces A

Microsoft unveiled updates across its products at Ignite, highlighting new features for Windows, Microsoft 365, and Azure. Notably, Teams introduces AIdriven noise reduction to minimize background noise and lower other speakers voices. Another feature, "decorate your background," lets users enhance their workspace virtually, launching for Teams Premium users in early 2024. Voice isolation is rolling out presently and will be available broadly in 2024. Additionally, Teams will offer immersive spaces in January 2024, enabling users to attend meetings as avatars in 3D environments. Read More..

B2B Tech News | 1 years ago          

Spotifys CuttingEdge Alliance with Google Cloud Boosts Personalized Recommendations

Spotify and Google Cloud joined forces to use advanced AI models LLMs to understand how users listen to podcasts and audiobooks, enabling tailored rec

Spotify and Google Cloud joined forces to use advanced AI models LLMs to understand how users listen to podcasts and audiobooks, enabling tailored recommendations. These LLMs, such as ChatGPT and Google Bard, are AIpowered tools trained on diverse data to create content. Google Cloud, a part of Alphabet, houses various LLMs PaLM 2, Codey, Imagen, Chirp trained on text, code, images, audio, and video. Spotify, an early adopter of AI, started by using it for music suggestions and now wants to expand this tech to improve recommendations for podcasts and audiobooks. Spotifys goal is to increase revenue by focusing on nonmusic content like podcasts and audiobooks, using AI advancements. This aligns with their strategy to profit from highmargin formats, despite the previous significant costs of venturing into these areas. Read More..

B2B Tech News | 1 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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