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TECH NEWS

Stockholm’s ‘Friends’ Arena to host a historic tech event

Launched on October 4th, The Tech Arena is an unprecedented international tech event slated for February 2223, 2024, at Stockholms Friends Arena, a na

Launched on October 4th, The Tech Arena is an unprecedented international tech event slated for February 2223, 2024, at Stockholms Friends Arena, a national football stadium. It will assemble business leaders, entrepreneurs, and decisionmakers worldwide to deliberate on pivotal themes like innovation, economics, sustainability, and global megatrends. Sweden, ranked as the worlds secondmost innovative country and a significant producer of unicorns per capita, garners global curiosity for its impactfocused industrial sector. The government plans to unveil a new strategy for foreign trade, investments, and global competitiveness, with a strong focus on innovation and research cooperation, making The Tech Arena an ideal platform for fostering collaboration and forging partnerships. Read More..

B2B Tech News | 1 years ago          

Microsoft rushes to patch ZeroDay vulnerabilities in Edge, Teams, and Skype

Microsoft has urgently released security updates for its Edge browser, Teams, and Skype to fix two zeroday vulnerabilities found in opensource librari

Microsoft has urgently released security updates for its Edge browser, Teams, and Skype to fix two zeroday vulnerabilities found in opensource libraries utilized by these products. The first vulnerability CVE20234863 stems from a heap buffer overflow issue in the WebP code library, potentially causing crashes or enabling arbitrary code execution. The second one CVE20235217 also results from a heap buffer overflow, this time in the VP8 encoding of the libvpx video codec library, which could lead to application crashes or allow arbitrary code execution if exploited successfully. These vulnerabilities were discovered by reputable security teams, and though they were exploited in the wild, the details of these attacks remain undisclosed. The libvpx library is commonly used for video encoding and decoding in various applications and services. Read More..

B2B Tech News | 1 years ago          

Flipkart unveils Flippi and Vibes to revolutionize Indian ECommerce with AIpowered features

Flipkart has introduced two innovative features, Flippi and Vibes, leveraging AI technology to redefine the Indian ecommerce landscape, with a focus

Flipkart has introduced two innovative features, Flippi and Vibes, leveraging AI technology to redefine the Indian ecommerce landscape, with a focus on making online shopping more accessible to newcomers. These enhancements are part of the Swipescreen experience, simplifying the online shopping process. Flippi, powered by ChatGPT, serves as an AIdriven assistant aimed at transforming user interactions on the platform. It can answer openended queries, provide expert product opinions, assist in budget decisions, and offer ageappropriate recommendations, albeit currently available only in English. Flipkart plans to broaden its language capabilities in the future to cater to a wider audience. On the other hand, Vibes enhances product discovery using short videos, particularly for highvalue or technical items. Read More..

B2B Tech News | 1 years ago          

Meta’s textbased chat feature now available for Horizon Worlds users

Meta is rolling out its textbased chat feature, known as "world chat," for all Horizon Worlds users this week. World chat enables communication within

Meta is rolling out its textbased chat feature, known as "world chat," for all Horizon Worlds users this week. World chat enables communication within the virtual reality environment without the need for spoken words. Initially introduced in a limited capacity in June, it can be accessed by users by lifting their left wrist while in VR. To simplify textbased conversations, Meta has included quick reply options, saving users from manually typing out messages. Despite previous reports of user retention challenges, Meta has been actively enhancing Horizon Worlds with features such as world chat, better moderation tools, and the addition of avatar legs to improve the social experience. Read More..

B2B Tech News | 1 years ago          

Kenyan Authorities Push for Pause on Worldcoins Iris Scanning Project

A Kenyan parliamentary committee has requested the nations information technology watchdog to prohibit Worldcoins operations until more stringent rule

A Kenyan parliamentary committee has requested the nations information technology watchdog to prohibit Worldcoins operations until more stringent rules are implemented. Due to privacy issues with iris scanning for digital IDs, the government put the initiative on hold in August. Sam Altman of OpenAI cofounded Tools for Humanity, which developed Worldcoin and is also under investigation in the UK, Germany, and France. The panel recommends that Worldcoins virtual platforms be shut down, its associated IP addresses be blocked, and its physical presence be suspended until legal frameworks for virtual assets are in place. The National Assembly will evaluate the report. Read More..

B2B Tech News | 1 years ago          

Android Banking Trojan Zanubis Targets Perus SUNAT App Users

The Android banking Trojan Zanubis now seems to be the official app for Perus SUNAT Superintendencia Nacional de Aduanas y de Administración Tributar

The Android banking Trojan Zanubis now seems to be the official app for Perus SUNAT Superintendencia Nacional de Aduanas y de Administración Tributaria organisation. This virus impersonates legitimate Android apps to target users of cryptocurrencies and financial services in Peru. It was first discovered in August 2022. Zanubis has become more sophisticated, using the Obfuscapk obfuscator to avoid detection, and gets control by deceiving users into allowing Accessibility permissions. It fools victims by loading a valid SUNAT page to make it seem legitimate and keeps in touch with a commanding server. Zanubis is flexible, remotely configured to steal data, and capable of assuming complete control over infected systems. Read More..

B2B Tech News | 1 years ago          

Coinbase Expands Reach with Monetary Authority of Singapore’s Approval

The Monetary Authority of Singapore MAS has granted Coinbase, the worlds largest publicly traded cryptocurrency exchange, a Major Payment Institution

The Monetary Authority of Singapore MAS has granted Coinbase, the worlds largest publicly traded cryptocurrency exchange, a Major Payment Institution MPI licence. Using this licence, Coinbase can provide digital payment token services to businesses and individuals in Singapore. Asias leading centre for the bitcoin business is now Singapore. With 32% of the population reported to own cryptocurrencies or have held them in the past, Coinbase regards the Singaporean market as essential. However, recent crypto company failures have cooled interest in the industry. Only a few organisations successfully acquire licences from the MAS, which issues them to cryptocurrency enterprises with stringent antimoney laundering policies. Read More..

B2B Tech News | 1 years ago          

EU Takes Action Against Tech Weaponization Threats

The risk of essential technology, such as semiconductors and artificial intelligence, being weaponized by nations opposed to EU principles will be ass

The risk of essential technology, such as semiconductors and artificial intelligence, being weaponized by nations opposed to EU principles will be assessed by the European Commission. This measure reflects those taken by the US, Australia, and other nations in reaction to Chinas increasing assertiveness and aligns with the EUs economic security strategy. The EU has also listed quantum technologies and biotechnologies such as vaccinations and genome sequencing for risk assessments. By the end of the year, the assessments will be carried out in collaboration with member states, and risk mitigation steps, such as export restrictions and alliances with likeminded countries, are planned for the following year. 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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