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TECH NEWS

Nvidias A100 and H100 Chips Prohibited Chinese Universities and Military Obtain Them

Reuters reports that Nvidia semiconductors, which the United States forbade from being exported to China, have been acquired by Chinese universities,

Reuters reports that Nvidia semiconductors, which the United States forbade from being exported to China, have been acquired by Chinese universities, military organisations, and staterun AI research centres. The transactions show how difficult it will be to deny China access to cuttingedge American semiconductors, essential for artificial intelligence and powerful computers for its armed forces. The A100 and H100 Nvidia chips are among those that are prohibited several organisations, including prestigious colleges and those governed by export laws from the United States, have purchased them. Despite the emergence of competing products, the demand highlights the need for more feasible options for Chinese enterprises. It is also said that there is a black market for these chips in China. Read More..

B2B Tech News | 1 years ago          

Bitcoin ETFs Amass $4.6 Billion in FirstDay Trading, LSEG Data Reveals

Based on LSEG data, trading volume for U.S.listed bitcoin exchangetraded funds ETFs on their debut day was $4.6 billion. An important turning point fo

Based on LSEG data, trading volume for U.S.listed bitcoin exchangetraded funds ETFs on their debut day was $4.6 billion. An important turning point for the cryptocurrency market was reached when the U.S. Securities and Exchange Commission SEC approved 11 spot bitcoin ETFs, including products from BlackRock, Grayscale, and ARK. Trading volumes were dominated by major companies such as Fidelity, BlackRock, and Grayscale. The regulatory approval spurred issuers to compete fiercely for market share, which resulted in a 0.2% to 1.5% decrease in fees. Since December 2021, bitcoin has not been this high since the ETF introduction. However, the opinion of cryptocurrencies within the larger investment community is still apprehensive. Read More..

B2B Tech News | 1 years ago          

EU Adopts Mandatory Cybersecurity Standards for Government Agencies

The European Union has enacted a cybersecurity law requiring strict cyber hygiene standards for EU government institutions. The legislation was propos

The European Union has enacted a cybersecurity law requiring strict cyber hygiene standards for EU government institutions. The legislation was proposed in 2022 and has a September 2024 implementation deadline. It establishes consistent compliance requirements for EU entities, agencies, and institutions. It requires establishing risk controls and periodic evaluations of cybersecurity maturity. The rule fortifies CERTEUs position as a centre for cybersecurity help and information sharing by mandating EU entities to disclose nonclassified incidentrelated information. CERTEU will be overseen, and the Interinstitutional Cybersecurity Board will monitor its execution. This action is in response to worries about cyberattacks targeting vital infrastructure in Europe, especially in light of Russias invasion of Ukraine in 2022. Read More..

B2B Tech News | 1 years ago          

EU Antitrust Chief Vestager Meets Tech CEOs to Discuss Regulation and Competition

The CEOs of Apple, Alphabet, and Qualcomm met with EU antitrust chief Margrethe Vestager to talk about regulation and adherence to competition laws. T

The CEOs of Apple, Alphabet, and Qualcomm met with EU antitrust chief Margrethe Vestager to talk about regulation and adherence to competition laws. The obligation to permit software distribution outside of the AppStore was one of the issues of discussion with Apples Tim Cook. Discussions with Sundar Pichai of Alphabet and Google discussed the design of option screens, selfpreferencing about the Digital Markets Act DMA, and the Google ad tech antitrust issue. Companies with more than 45 million monthly users and a market valuation of €75 billion are deemed gatekeepers by the DMA and are subject to interoperability standards. During her conversation with Cristiano Amon of Qualcomm, Vestager stressed the significance of for the economic security of the European Union. Read More..

B2B Tech News | 1 years ago          

OpenAI CEO Sam Altman Discusses AIs Promise and Risks with U.S. House Speaker

Sam Altman, the CEO of OpenAI, met with Speaker of the House Mike Johnson on Capitol Hill to talk about the potential benefits and drawbacks of artifi

Sam Altman, the CEO of OpenAI, met with Speaker of the House Mike Johnson on Capitol Hill to talk about the potential benefits and drawbacks of artificial intelligence AI. The meetings topic was how to mitigate potential hazards while taking advantage of AIs enormous benefits. Although the Biden administration has been pushing for AI legislation, the divisive US Congress has not moved the needle quickly enough. AIs potential to impede democratic processes, enable fraud, and result in job losses are among the issues surrounding it. Legislators in Europe are actively working on AI regulations, putting them ahead of those in the United States. Altman was excited about the legislative process that will deal with the hazards associated with AI. Read More..

B2B Tech News | 1 years ago          

U.S. Senators Urge SEC to Investigate Cybersecurity Incident

Senators Ron Wyden, a Democrat, and Cynthia Lummis, a Republican, are among the US senators who have urged the Securities and Exchange Commission SEC

Senators Ron Wyden, a Democrat, and Cynthia Lummis, a Republican, are among the US senators who have urged the Securities and Exchange Commission SEC to look into the recent cybersecurity issue involving hacking the agencys X previously Twitter account. The price of Bitcoin briefly increased due to the unauthorised posts assertion that exchangetraded funds ETFs for the cryptocurrency were approved. The senators attacked the SEC for what seemed to be a disregard for cybersecurity best practices, especially because twofactor authentication was not in place at the time of the occurrence. They asked the SEC to examine its twofactor authentication policies and rectify any remaining security holes. Read More..

B2B Tech News | 1 years ago          

Paraguay Military Issues Warning After Black Hunt Ransomware Hits Tigo Business

After an assault on Tigo Business, Paraguays military has issued a warning regarding Black Hunt ransomware attacks. The most prominent cell provider i

After an assault on Tigo Business, Paraguays military has issued a warning regarding Black Hunt ransomware attacks. The most prominent cell provider in Paraguay, Tigo, verified the security breach that impacted its Tigo Business segment, which offers digital solutions to businesses. According to reports, the assault compromised backups and affected over 330 systems using the Black Hunt ransomware. The Paraguayan militarys General Directorate of Information and Communication Technologies sent a warning on the Black Hunt ransomware assaults, stressing that over 300 Tigoaffiliated businesses were affected and that backups, emails, web pages, and cloud storage were compromised. Read More..

B2B Tech News | 1 years ago          

Microsoft Considers Future of Beijing Research Lab Amid USChina Tensions

According to reports, Microsoft is discussing the future of its Beijing research facility in light of the escalating USChina tensions. The growth of a

According to reports, Microsoft is discussing the future of its Beijing research facility in light of the escalating USChina tensions. The growth of artificial intelligence and the tense ties between the two countries have made the lab a focus of national security worries. Brad Smith, the company president, and CEO Satya Nadella have discussed this for at least a year. The potential for Chinese hackers or infiltration into the lab and the possibility of researchers departing to work for Chinese businesses with solid government connections are among the conceivable hazards. While drafting legislation prohibiting new US investments in Chinese corporations engaged in sensitive technology, the Biden administration also questioned Microsoft about the facility. Read More..

B2B Tech News | 1 years ago          



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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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5.  Approximately 8 billion gadgets connect on the internet every day.
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