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TECH NEWS

Samsung Considers Leasing TV Factory in Russia Amid Global Responses to Ukraine Invasion

According to reports, Samsung Electronics is thinking of leasing its TV manufacturing in Russia in retaliation to the nations invasion of Ukraine by i

According to reports, Samsung Electronics is thinking of leasing its TV manufacturing in Russia in retaliation to the nations invasion of Ukraine by international corporations. South Korean media reports state that the TV and monitor facility in Kaluga, Russia, is being considered for leasing. The action is in line with a pattern where businesses in Russia modify their operations in reaction to events of a geopolitical nature. Samsung has already said it will stop sending goods to Russia in March 2022. According to the allegations, VVP Group, a local electronics distributor, maybe manufacturing equipment at the Samsung facility for its brand and other businesses. Read More..

B2B Tech News | 1 years ago          

North Korea Actively Developing Artificial Intelligence AI and Machine Learning ML Capabilities, Study Finds

According to recent research, North Korea is aggressively working to build Machine Learning ML and Artificial Intelligence AI capabilities for a range

According to recent research, North Korea is aggressively working to build Machine Learning ML and Artificial Intelligence AI capabilities for a range of uses, including government monitoring, wargaming simulations, protecting nuclear reactors, and reacting to COVID19. Although international sanctions may impede the procurement of AI gear, North Korea is making deliberate investments in developing these technologies to support its digital economy. The paper highlights partnerships between North Korean AI researchers and overseas academics, notably those in China, and references opensource material, including official media and journals. The Artificial Intelligence Research Institute was founded by North Korea in 2013, and the report showcases the nations endeavours to utilise AI across several fields. Read More..

B2B Tech News | 1 years ago          

Denim Brand DENHAM Targeted in Akira Ransomware Attack

The Amsterdambased denim company DENHAM has acknowledged that it was the subject of a ransomware assault, with the Akira gang being the perpetrator. A

The Amsterdambased denim company DENHAM has acknowledged that it was the subject of a ransomware assault, with the Akira gang being the perpetrator. A DENHAM representative stated that the assault was detected on December 27, 2023, and had no appreciable effect on the brands online and instore offerings. The corporation hired a specialist cybersecurity organisation to counter the attack and conducted a digital forensic examination. DENHAM reassured customers, business partners, and staff that the personal information of those who visited its online store was secure. As a precaution, DENHAM has contacted the Dutch Data Protection Authority and taken steps to strengthen security. Read More..

B2B Tech News | 1 years ago          

SEC X Account Hacked SIM Swapping Technique Exposed

Earlier this month, the U.S. Securities and Exchange Commission SEC disclosed that a "SIM swapping" technique was used to hack into its X formerly Twi

Earlier this month, the U.S. Securities and Exchange Commission SEC disclosed that a "SIM swapping" technique was used to hack into its X formerly Twitter account. The SEC also revealed that its employees had disabled multifactor authentication MFA, an extra security measure, six months before the assault and had just added it back on January 9th. After taking over the SECs X account, the hackers published a fictitious statement purporting to approve bitcoin exchangetraded products, which momentarily drove up the cryptocurrencys price. Attackers can control a phone number by reassigning it to a different device through SIM swapping. Read More..

B2B Tech News | 1 years ago          

Metas Response to Digital Markets Act User Choice for Data Sharing

Meta Platforms, the old Facebook, is updating its European services by the Digital Markets Act DMA of the European Union. Notifications on Instagram a

Meta Platforms, the old Facebook, is updating its European services by the Digital Markets Act DMA of the European Union. Notifications on Instagram and Facebook will let users choose whether to share their information between the two platforms. The adjustments are made to comply with the DMA, which mandates that Big Tech companies handle their services and goods the same way they handle competitors. Users of Facebook Messenger will also be able to choose whether to link or keep their Facebook and Messenger accounts alone. March 7 is the DMAs deadline for compliance. Read More..

B2B Tech News | 1 years ago          

Meta Ramps Up AI Push with 350,000 Nvidia GPUs

CEO of Meta, Mark Zuckerberg, declared that the firm is stepping up its AI efforts and that by years end, it would have around 350,000 H100 GPUs Graph

CEO of Meta, Mark Zuckerberg, declared that the firm is stepping up its AI efforts and that by years end, it would have around 350,000 H100 GPUs Graphics Processing Units from Nvidia. With the addition of comparable chips from other vendors, Meta hopes to have around 600,000 GPUs in total, ranking its system among the biggest in the IT sector. This action is a part of Metas endeavour to connect with the vision of the AR/VRdriven metaverse and include generative AI into its products. After years of spearheading AI research through its FAIR team, the corporation has been attempting to catch up, with minimal success, in integrating the technology into its primary products. Read More..

B2B Tech News | 1 years ago          

VF Corp Confirms Cyber Incident Impacting 35.5 Million Consumers Data

Vans parent company, VF Corp, disclosed that around 35.5 million customers personal data was compromised during a cyberattack in December. The unlawfu

Vans parent company, VF Corp, disclosed that around 35.5 million customers personal data was compromised during a cyberattack in December. The unlawful behaviour was discovered on December 13, resulting in delays in order fulfilment and disruptions in worldwide consumer orders on its ecommerce site. VF Corp did, however, say that it does not believe the event would have a significant financial impact. The business made it clear that its IT systems do not retain some types of sensitive data, like social security numbers, bank account information, or payment card information. Currently, there is no proof that customer credentials were stolen. VF Corp has addressed minor operational concerns and restored the affected IT systems and data. Read More..

B2B Tech News | 1 years ago          

Googles DeepMind Alumni in Talks to Launch AI Startup "Holistic" in Paris

According to reports, Laurent Sifre and Karl Tuyls, two scientists at Googles artificial intelligence subsidiary DeepMind, are negotiating with invest

According to reports, Laurent Sifre and Karl Tuyls, two scientists at Googles artificial intelligence subsidiary DeepMind, are negotiating with investors to launch an AI firm in Paris. The company, which is reportedly investigating a funding round that might reach more than €200 million $217.84 million, is known by its provisional moniker, Holistic. Although the companys actual emphasis is unknown, rumours indicate it may be on developing a new AI model. After being bought by Google over ten years ago, DeepMind has become a significant force in AI research, and it is not unusual for its former staff members to launch their firms. 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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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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