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TECH NEWS

Lazarus Groups $900 Million Cryptocurrency Laundering Spree Revealed

Between July 2022 and July 2023, the Lazarus Group, which has ties to North Korea, laundered nearly 900 million dollars using cryptocurrencies. Approx

Between July 2022 and July 2023, the Lazarus Group, which has ties to North Korea, laundered nearly 900 million dollars using cryptocurrencies. Approximately 1/7th of crosschain criminal operations, including crypto thefts, scams, and Ponzi schemes, are carried out by this group. As a result of law enforcement efforts to target mixers, threat actors started using chainhopping techniques to resell stolen goods. These individuals take advantage of the lack of reliable mainstream blockchain analytics tools. Furthermore, in the last 104 days, Lazarus stole about $240 million worth of cryptocurrency assets from several companies, including Atomic Wallet, CoinsPaid, Alphapo, Stake.com, and CoinEx. The research emphasises the difficulties law enforcement and virtual asset services confront in battling cryptocurrency criminality. Read More..

B2B Tech News | 2 years ago          

Vodafone Takes the Lead in Open RAN with Intel Partnership

Vodafone is reaffirming its commitment to Open RAN Radio Access Network technologies by collaborating with Intel to develop a unique chipset design. F

Vodafone is reaffirming its commitment to Open RAN Radio Access Network technologies by collaborating with Intel to develop a unique chipset design. For additional flexibility, Open RAN allows equipment mixing from many providers. Vodafone and Orange successfully used Open RAN to make 4G calls in Romania. Nokia is currently testing the technology there. This joint venture with Intel aims to accelerate innovation by creating chipsets for testing and prototyping. To promote competition and innovation in mobile network infrastructure, Open RAN aims to diversify a market currently dominated by proprietary solutions from firms like Ericsson, Nokia, and Huawei. The goal is to advance Open RAN adoption and competition in the industry. Read More..

B2B Tech News | 2 years ago          

AI Dominance Sparks Global Regulatory Rush

Andreas Mundt, the head of Germanys cartel office, has raised alarm about how artificial intelligence AI is becoming increasingly important in enhanci

Andreas Mundt, the head of Germanys cartel office, has raised alarm about how artificial intelligence AI is becoming increasingly important in enhancing Big Techs market dominance. He warns that tech behemoths like Google and Microsoft, which have made significant investments in AI, may use their enormous data stores to gain an advantage in various markets, including smart homes, online advertising, and more. Governments worldwide are scrambling to create AI regulations, with the European Union hoping to do so soon. Aware of the potential for smaller providers to influence the AI environment, Mundt emphasises the necessity of preventing AI from further enhancing corporate domination. Read More..

B2B Tech News | 2 years ago          

EU Probes Microsoft and Apple Services Under Digital Markets Act

EU antitrust regulators are seeking input from Microsoft users and rivals on whether Microsofts Bing, Edge and Microsoft Advertising and Apples iMessa

EU antitrust regulators are seeking input from Microsoft users and rivals on whether Microsofts Bing, Edge and Microsoft Advertising and Apples iMessage should be subject to the Digital Markets Act DMA. This follows investigations initiated by the European Commission in September, examining whether these services should be categorized as core platform services under the DMA. The DMA imposes obligations on major tech companies like Microsoft, Apple, Google, Amazon, Meta Platforms, and ByteDance to facilitate thirdparty apps on their platforms and enable easier switching between default and rival apps. The Commission is gathering feedback on the importance and usage of these services. Read More..

B2B Tech News | 2 years ago          

India Among Top 3 Targets for Cyberattacks in AsiaPacific

According to Microsofts Digital Defence Report, India is one of the top three countries in the AsiaPacific that nationstate actors target in cyberatta

According to Microsofts Digital Defence Report, India is one of the top three countries in the AsiaPacific that nationstate actors target in cyberattacks. Cybercriminals use AI more and more to improve their phishing and influence operations. However, AI is also essential for defence because it automates cybersecurity tasks like threat detection and response. According to the research, humanoperated ransomware assaults have increased significantly since September 2022, rising by 195%. Passwordbased attacks and MultiFactor Authentication MFA fatigue attempts have also increased. Microsofts builtin security features prevented password attacks, neutralised DDoS attacks, and blocked billions of malware threats. The report covers events that occurred between July 2022 and June 2023. Read More..

B2B Tech News | 2 years ago          

Israels HighTech Industry Navigates Security Storm

As a result of a rise in Hamas violence, Israels computer sector is experiencing security issues. Israels economy has benefited greatly from its hight

As a result of a rise in Hamas violence, Israels computer sector is experiencing security issues. Israels economy has benefited greatly from its hightech sector, which contributes significantly to employment and GDP. Recent attacks have hampered routine corporate operations, raising worries about the diversion of resources, particularly tech workers called up for reserve duty. The largest private employer in Israel, Intel, is carefully monitoring the situation. At the same time, Nvidia postponed an AI meeting in Tel Aviv. Although the military and artificial intelligence spending may see an increase, Israels tech sector was already experiencing a slump. The sector has a history of resiliency amid geopolitical crises. Read More..

B2B Tech News | 2 years ago          

Genetics Giant 23andMe Faces a Major Data Breach Challenge

The genetics website 23andMe has been hacked, and a hacker claims to have millions of pieces of stolen data, although the firm disputes a breach. Acco

The genetics website 23andMe has been hacked, and a hacker claims to have millions of pieces of stolen data, although the firm disputes a breach. According to 23andMe, some "customer profile information" was obtained through personal accounts rather than directly from their servers. They believe the thief used credentials stuffed with stolen passwords from other sources. Due to the hackers conflicting statements, the scope of the intrusion is still unknown. For additional defence against such attacks, cybersecurity experts advise using unique passwords for various websites and installing twofactor authentication. Contacting the hacker was challenging it is unknown who they are and why they did it. Read More..

B2B Tech News | 2 years ago          

Amazon Shoots for the Stars with Kuiper Satellite Launch

Amazon has successfully launched its first two prototype satellites for the Kuiper internet network, which will compete with SpaceXs Starlink for a wo

Amazon has successfully launched its first two prototype satellites for the Kuiper internet network, which will compete with SpaceXs Starlink for a worldwide internet service. It has plans to launch thousands more. The journey, part of Amazons $10 billion Kuiper project, examined its space technology and was presented in 2019. The company intends to put 3,236 additional satellites into orbit. The US Federal Communications Commission has mandated that Amazon launch half its planned constellation by 2026. Amazon intends to compete in the lucrative lowEarth orbit broadband internet market by appealing to consumers and companies. Its competitors include Telesat, OneWeb, and SpaceX. 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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