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RussianLinked Hacking Group Solntsepyok Takes Credit for Cyberattack on Ukraines Kyivstar

A hacker collective, Solntsepyok, thought to be connected to Russian military intelligence GRU, took credit for an attack on Kyivstar, Ukraines bigges

A hacker collective, Solntsepyok, thought to be connected to Russian military intelligence GRU, took credit for an attack on Kyivstar, Ukraines biggest mobile network provider. The attack impacted air raid alarm systems, destroyed IT infrastructure, and interrupted services in several places. Considered a front for the GRUaffiliated Sandworm hacking outfit, Solntsepyok has previously attacked Ukraines energy industry. In the Kyivstar attack, the organisation claimed to have damaged over 10,000 PCs and 4,000 servers. Together with the SBU internal intelligence agency, the State Service of Special Communications and Information Protectorate SSSCIP of Ukraine is looking into the event. Read More..

B2B Tech News | 2 years ago          

FirstofitsKind Sanctions UK Targets Southeast Asias Online Scam Networks

The United Kingdom has taken action against 14 people and organisations associated with the online scamming scene in Southeast Asia. The targets of th

The United Kingdom has taken action against 14 people and organisations associated with the online scamming scene in Southeast Asia. The targets of the action are human traffickers who coerce employees into committing fraud. This is the first time that the UK has taken direct legal action against internet scammers. The targets of the sanctions include people and organisations associated with "scam compounds" in Laos, Myanmar, and Cambodia they also include businesses associated with casinos and lodging establishments in Cambodia that are notorious for housing scams. Since the COVID19 outbreak, Southeast Asia has seen a sharp increase in the internet scamming business, with workers being coerced into performing fraudulent tasks. Read More..

B2B Tech News | 2 years ago          

EU and Experts Delve into Technical Sessions to Finalize AI Rules

Days after the European Union reached a tentative deal on artificial intelligence AI regulations, specialists from both sides gathered to work out det

Days after the European Union reached a tentative deal on artificial intelligence AI regulations, specialists from both sides gathered to work out details in more than 11 technical meetings. The range of legislation, the use of AI by the government for biometric monitoring, copyright issues raised by foundation models, and rules governing largescale AI systems like ChatGPT are among the subjects covered. The EU wants to enact AI regulations before any other significant global power. Several nations, including Germany and France, want to examine the concessions the AI Act will go into force in 2026. The recent accord establishes the framework for comprehensive AI governance in the EU. Read More..

B2B Tech News | 2 years ago          

U.S. Commerce Secretary Expects Dozen Semiconductor Funding Awards in the Next Year

Within the following year, U.S. Commerce Secretary Gina Raimondo plans to announce multibilliondollar semiconductor financing grants that have the pot

Within the following year, U.S. Commerce Secretary Gina Raimondo plans to announce multibilliondollar semiconductor financing grants that have the potential to alter U.S. chip production drastically. The first allocation, costing $35 million, is part of the "Chips for America" subsidy programme and will go to a BAE Systems factory in Hampshire that makes semiconductors for fighter jets. Raimondo wants to see at least two "leadingedge" U.S. manufacturing clusters established and the number of semiconductors made in the country raised from 12% to about 20%. Firms, including GlobalFoundries, Micron, and Intel are seeking significant capital. $39 billion in industrial incentives have been approved by Congress to increase semiconductor output. Read More..

B2B Tech News | 2 years ago          

Huawei to Begin Construction of Mobile Equipment Factory in France

Next year, Huawei plans to start building its facility in France to produce network equipment for mobile phones. The COVID19 pandemic caused delays fo

Next year, Huawei plans to start building its facility in France to produce network equipment for mobile phones. The COVID19 pandemic caused delays for the project, which was once proposed in 2020 with an initial cost of 200 million euros $215.28 million. Despite limitations or prohibitions imposed by several European countries on deploying Huaweis 5G equipment, the business is still determined to open its first facility in Europe. A French government source said the facility is scheduled to operate in 2025 and is situated in Brumath, close to Strasbourg. The French government notified telecom providers in 2020 that when their licences for Huawei 5G equipment expire, they will not be allowed to renew them. Read More..

B2B Tech News | 2 years ago          

Cyberattack Disrupts Greater Richmond Transit Companys Network

Over the Thanksgiving weekend, a hack disrupted the Greater Richmond Transit Company GRTC computer network, which oversees central Virginias transport

Over the Thanksgiving weekend, a hack disrupted the Greater Richmond Transit Company GRTC computer network, which oversees central Virginias transportation system. As the transit firm worked to recover its network, the Play ransomware group published details about GRTC on its leak site and took credit for the attack. Play has given us a deadline of December 13th to pay an unspecified ransom. Services are operating as planned, and GRTC has hired outside experts to investigate the event. In 2023, several municipal services, including those in Oakland, Dallas County, and Lowell, Massachusetts, were attacked by the Play ransomware group. Read More..

B2B Tech News | 2 years ago          

Nvidia Plans to Establish Base in Vietnam for Semiconductor Development

To support the growth of Vietnams semiconductor sector, Nvidia intends to open a base there. The CEO of Nvidia, Jensen Huang, reaffirmed the companys

To support the growth of Vietnams semiconductor sector, Nvidia intends to open a base there. The CEO of Nvidia, Jensen Huang, reaffirmed the companys intentions to establish a centre in Vietnam and stressed the significance of the market there. The base hopes to draw talent from across the world to support Vietnams digitalisation and semiconductor ecosystem. Vietnam is attempting to grow its semiconductor sector, and Nvidias decision is in line with the nations aspirations to enter the design and production of chips. The corporation is scheduled to explore semiconductor collaboration partnerships with local IT companies, having previously spent $250 million in Vietnam. Read More..

B2B Tech News | 2 years ago          

Antitrust Authorities Scrutinize Microsofts Partnership with OpenAI

Antitrust regulators in the US and the UK are investigating Microsofts collaboration with OpenAI, the company behind ChatGPT, in light of recent chang

Antitrust regulators in the US and the UK are investigating Microsofts collaboration with OpenAI, the company behind ChatGPT, in light of recent changes to OpenAIs leadership, including the resignation and reappointment of CEO Sam Altman. Microsoft, one of OpenAIs biggest backers, is an observer on the startups board but does not have voting rights. While the US Federal Trade Commission FTC looks into possible antitrust law violations, the UK Competition and Markets Authority CMA assesses whether Microsofts investment might hurt UK competition. Both authorities have not yet launched an official inquiry, and the questions are still in the early stages. The EU antitrust regulators are closely watching the matter. Read More..

B2B Tech News | 2 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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