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Beware EvilBamboos Fake Apps Pose a Serious Security Risk

EvilBamboo, a threat actor, has been actively targeting Taiwanese, Tibetan, and Uyghur people and organizations in a prolonged campaign. Phoney websit

EvilBamboo, a threat actor, has been actively targeting Taiwanese, Tibetan, and Uyghur people and organizations in a prolonged campaign. Phoney websites and social media accounts create browserbased attacks to target specific people in this campaign. EvilBamboo, active at least since 2019, employed watering hole attacks to spread spyware to iOS and Android devices. POISON CARP and Earth Empusa are also terms used to refer to them. The gang has utilized Android spyware to collect data, including ActionSpy and PluginPhantom, disguised as prayer, dictionary, and keyboard apps. EvilBamboo is the source of three brandnew Android espionage tools BADBAZAAR, BADSIGNAL, and BADSOLAR. APK sharing forums, phoney websites, Telegram groups, and phoney social media identities are a few examples of the distribution channels. Read More..

B2B Tech News | 1 years ago          

Sumitomo Metal Mining Boosts Lithiumion Battery Tech Investment

Sumitomo Metal Mining, a Japanese corporation, will invest $12.5 million in Nano One Materials, a Canadian manufacturer of battery materials, for a 5%

Sumitomo Metal Mining, a Japanese corporation, will invest $12.5 million in Nano One Materials, a Canadian manufacturer of battery materials, for a 5% ownership position. With less complexity and expense than present techniques, the cooperation intends to develop manufacturing technologies for lithiumion battery cathode materials. Sumitomo Metal provides the nickelcobaltaluminium cathode components for Panasonics batteries used in Tesla EVs. This investment supports Canadas and Japans initiatives to create reliable global battery supply chains. Sumitomo Metal intends to demonstrate its dedication to the EV battery business by increasing its capacity to produce cathode materials. Read More..

B2B Tech News | 1 years ago          

Mixin Crypto Firms $200 Million Nightmare Unveiled

Hackers stole over $200 million over the weekend, according to a vast security breach claimed by the cryptocurrency startup Mixin. LinkedIn states tha

Hackers stole over $200 million over the weekend, according to a vast security breach claimed by the cryptocurrency startup Mixin. LinkedIn states that the organization is located in Hong Kong. It reported that the attack was directed at the database of its cloud service provider. One million people utilize Mixin, a platform for the transfer of digital assets. Asset transfers are still possible even though temporary prohibitions on money withdrawals have been implemented. The business intends to present a plan for recovering the stolen property. This event is part of an increasing trend of cryptocurrency breaches, which saw a recordbreaking $3.8 billion in digital currencies stolen last year, according to Chainalysis. Read More..

B2B Tech News | 1 years ago          

MTN Expands African IoT Reach Through Eseye Alliance

Through a relationship with global Internet of Things services provider Eseye, MTN, a significant telecom firm, is enhancing its Internet of Things Io

Through a relationship with global Internet of Things services provider Eseye, MTN, a significant telecom firm, is enhancing its Internet of Things IoT capabilities in South Africa. By enhancing MTNs infrastructure, this partnership will make it possible to manage and analyse advanced IoT devices. MTN wants to hasten the adoption of IoT in Africa by supplying better connectivity and services. MTN Benin and Ericsson are also collaborating on a programme to recycle ewaste. Since 2021, they have gathered approximately 123 metric tonnes of electronic waste, supporting MTNs goal of lowering emissions by 2040. This plan encourages responsible recycling and sustainability while addressing the growing ewaste issue in Benin to achieve industrywide environmental and social responsibility objectives. Read More..

B2B Tech News | 1 years ago          

Amazons $4 Billion Bet on AI Partners with Anthropic to Fuel NextGen Generative AI

Amazon has announced a significant investment of up to $4 billion in the artificial intelligence AI startup Anthropic. This investment grants Amazon a

Amazon has announced a significant investment of up to $4 billion in the artificial intelligence AI startup Anthropic. This investment grants Amazon a minority ownership stake in Anthropic, as the competition intensifies in the rapidly expanding generative AI market, led by OpenAIs ChatGPT. Anthropic will leverage Amazon Web Services AWS Trainium and Inferentia chips to develop, train, and deploy its foundational AI models, benefiting from AWSs costeffectiveness, performance, scalability, and security. The collaboration extends to the advancement of Trainium and Inferentia technology. AWS will become Anthropics primary cloud provider, particularly for safety research and future model development. Amazon developers will integrate Anthropics AI models via Amazon Bedrock to enhance applications and create new customer experiences. Read More..

B2B Tech News | 1 years ago          

Swiss Startup truvami Revolutionizes Asset Tracking with Compact IoT Solution

truvami, an IoT startup hailing from Zurich, Switzerland, specializes in developing compact endtoend tracking solutions that enhance workplace safety

truvami, an IoT startup hailing from Zurich, Switzerland, specializes in developing compact endtoend tracking solutions that enhance workplace safety and safeguard valuable assets for businesses. Their most recent product, introduced by truvami GmbH, provides versatile tracking capabilities suitable for B2B applications. It utilizes the Swisscom LoRaWAN network, cloudbased applications, and Miromicos innovative electronics design. These petite trackers seamlessly operate both indoors and outdoors, incorporating cuttingedge technologies from IoT, wireless communication, and cloud networking. The birth of truvami resulted from a collaborative effort between Swisscom Broadcast AG and Miromico AG, with the goal of creating a unique, smallformfactor tracking solution capable of locating assets, personnel, and animals in various environments. Read More..

B2B Tech News | 1 years ago          

Micron Technology Breaks Ground on $2.75 Billion Semiconductor Plant in Gujarat

USbased Micron Technology has commenced construction on its $2.75 billion semiconductor testing and assembly facility in Sanand, Gujarat. The plant, s

USbased Micron Technology has commenced construction on its $2.75 billion semiconductor testing and assembly facility in Sanand, Gujarat. The plant, spanning 500,000 square feet, is the largest investment under Indias Semiconductor Mission ISM. Micron is contributing $825 million, with the remainder covered by subsidies. The facility is expected to be operational by late 2024 and was the first project approved under Indias semiconductor mission. Micron is also considering establishing multiple chip fabrication factories in India. The project aims to create up to 5,000 direct jobs and 15,000 community jobs. Read More..

B2B Tech News | 1 years ago          

Silent Eights AI Helping Banks Combat Financial Crimes

Martin Markiewicz, the CEO of Silent Eight, uses artificial intelligence AI to help financial institutions fight financial crimes like money launderin

Martin Markiewicz, the CEO of Silent Eight, uses artificial intelligence AI to help financial institutions fight financial crimes like money laundering and financing terrorism. The business trains its AI model on specific tasks, such as translating names between languages, and it actively assists in detecting discrepancies in client data. Significant banks like Standard Chartered and HSBC use Silent Eights software. Compared to engaging human investigators, the AIbased solution is substantially less expensive. The revenue of Silent Eight is anticipated to quadruple this year, the films first year of profitability. By the end of 2025, the company intends to list on the Nasdaq. Still, it emphasises preparation more than a specific date to present financial information, like a public company. 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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