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Hackers Infiltrate Okta Support System, Tumbling the Shares by 12%

Following the disclosure of a security compromise in its customer assistance system on Friday, Oktas shares fell by 12%. Hackers could access files up

Following the disclosure of a security compromise in its customer assistance system on Friday, Oktas shares fell by 12%. Hackers could access files uploaded by particular clients thanks to the breach. According to Chief Security Officer David Bradbury, the compromise used credentials that had been stolen to gain access to Oktas support case management system. It was unclear which customers were impacted or what kind of data was exposed. Okta clarified that the operational service, which was not impacted, is not the same as the support system. The San Franciscobased company serves Microsoftbacked OpenAI and other clients by offering identity services, including multifactor authentication and single signon. Oktas stock ended the day down 11.6% at $75.57. Read More..

B2B Tech News | 1 years ago          

US House Panel Urges Swift Action on National AI Privacy Law

Members of a House subcommittee stress that creating a national privacy law should be the first step in the legislative regulation of artificial intel

Members of a House subcommittee stress that creating a national privacy law should be the first step in the legislative regulation of artificial intelligence AI. Anxieties surround Chinas potential to influence international AI usage and data collecting standards. For more than 20 years, the US Congress has debated a national privacy law, but agreement still needs to be reached. Since OpenAIs ChatGPT made its public debut, tech giants have been integrating generative AI rapidly, which has increased the urgent need for data governance. Representatives emphasise the significance of spearheading AI development and protecting information to stop discrimination and misuse, highlighting the necessity of national data protection rules. Read More..

B2B Tech News | 1 years ago          

Philips Surprising Tech Scheme Amidst Trade Turbulence

Philips, a Dutch healthcare equipment provider, is adjusting its supply chain significantly in response to growing trade concerns. The company intends

Philips, a Dutch healthcare equipment provider, is adjusting its supply chain significantly in response to growing trade concerns. The company intends to increase the percentage of its products supplied and assembled in China to 90% by 2024 from the present 75% and 48% in 2022 for the Chinese market. In response to shortages of chips, Philips is changing how it sources custom chips for CT scanners and ultrasound devices, choosing instead to use more expensive, newer chips that are available from several suppliers. These adjustments may increase prices, but CEO Roy Jakobs stressed that no margin will be lost. Philips will keep sourcing parts from China while adjusting for regional needs in other regions. Read More..

B2B Tech News | 1 years ago          

EU Gives Meta and TikTok a Deadline Over Content Control Warning

The European Commission has given Meta META.O and TikTok one week to provide their plans for preventing the spread of violent content, hate speech, an

The European Commission has given Meta META.O and TikTok one week to provide their plans for preventing the spread of violent content, hate speech, and terrorist content on their platforms. This action comes after a request akin to Elon Musks X was received. Suppose their answers are not thought to be adequate. In that case, the executive body of the European Union has threatened to launch an investigation. Online giants are subject to fines of up to 6% of their global sales if they fail to proactively remove illegal and damaging content, as mandated by the new Digital Services Act DSA. By October 25, 2023, and November 8, 2023, Meta and TikTok must submit particular data about crisis management, election integrity, and minors online safety. Read More..

B2B Tech News | 1 years ago          

Google’s New Search Generative Experience Alarm Publishers

Publishers are concerned about Googles new Search Generative Experience SGE tool, which uses generative AI to generate content summaries in response t

Publishers are concerned about Googles new Search Generative Experience SGE tool, which uses generative AI to generate content summaries in response to search queries. SGE uses artificial intelligence AI to create summaries by extracting content from several websites and providing connections for additional reading. Publishers are concerned about traffic to their websites, credit for their work in summaries, and payment for data used in AI training. Google is attempting to comprehend publisher input and the generative AI business model. Publishers can now prevent their material from being used in AI training with a new tool. Publishers worry that SGE summaries may result in less organic traffic, which could affect their ad revenue and website analytics. Read More..

B2B Tech News | 1 years ago          

Honda and GM Forge Alliance for Japanese Driverless Rides by 2026

By early 2026, Honda and General Motors GM will collaborate to introduce a driverless ride service in Japan through Cruise, GMs autonomous vehicle div

By early 2026, Honda and General Motors GM will collaborate to introduce a driverless ride service in Japan through Cruise, GMs autonomous vehicle division. Subject to regulatory approval, the joint venture is anticipated to be launched in the first half of 2024. Intending to commercialise autonomous vehicles on a large scale in Japan, Cruise presently provides restricted ride services in San Francisco. The service is scheduled to launch with dozens of Cruise Origin cars in central Tokyo and eventually grow to a fleet of 500. Riders will be able to book rides and pay via a smartphone app. The business is still dedicated to guaranteeing safety in autonomous vehicle technology, even after a recent safety investigation into Cruises activities. Read More..

B2B Tech News | 1 years ago          

Amazons Drone Fleet Touches Down in the UK and Italy

Amazon intends to deploy drone deliveries in the UK, Italy, and another US city, further revolutionising its delivery services. The online retailer is

Amazon intends to deploy drone deliveries in the UK, Italy, and another US city, further revolutionising its delivery services. The online retailer is currently working to grow its Prime Air programme, and these aerial deliveries are a part of that endeavour. By late 2024, customers in these areas should be able to choose to have packages delivered by drones. Amazon plans to quickly implement drone deliveries from sameday delivery facilities into its current fulfilment network. Amazons dronebased service, Prime Air, debuted in two US cities last year—Texas and California—and will soon expand to more locations. It is a part of Amazons longterm plan to use drone technology to transport packages faster and more efficiently in 2020, the federal government approved the technology for testing commercial delivery. Read More..

B2B Tech News | 1 years ago          

Elon Musk Contemplates Twitter Exit Amidst EU Regulations

The owner of social media behemoth X, Elon Musk, is considering kicking the oncenamed Twitter service out of Europe. This judgement is a reaction to t

The owner of social media behemoth X, Elon Musk, is considering kicking the oncenamed Twitter service out of Europe. This judgement is a reaction to the Digital Services Act DSA, which the European Union recently adopted in August. To stop the spread of dangerous content and usertargeting tactics, the DSA places restrictions on digital platforms. Musk has talked about taking the app offline in the area or preventing users in the EU from using it. There is uncertainty regarding the platforms future in Europe as X has yet to reply to requests for comment. 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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