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EU Cracks Down on Tech Giants, Stricter Rules for Illegal Content

The European Union EU is imposing harsher controls on digital corporations to stop disseminating unlawful content. EU industry chief Thierry Breton ca

The European Union EU is imposing harsher controls on digital corporations to stop disseminating unlawful content. EU industry chief Thierry Breton cautioned Elon Musk and Mark Zuckerberg to stop spreading false information on their platforms, X and Meta, in response to misinformation about the HamasIsrael conflict on social media. The EU has now reminded all social media companies of their legal duty to stop the spread of damaging Hamasrelated content. Large internet platforms must remove illegal information under the recently passed Digital Services Act DSA or face fines of up to 6% of their global sales. Repeat offenders may even be prohibited from conducting business in Europe. Read More..

B2B Tech News | 2 years ago          

Tech Titans Unite Against Record DDoS Attack Threat

The internets largestever denial of service DDoS attack was successfully defended against Google, Amazon, and Cloudflare, raising concern about a nove

The internets largestever denial of service DDoS attack was successfully defended against Google, Amazon, and Cloudflare, raising concern about a novel, potentially disruptive method. Alphabet Inc.s Google successfully prevented an assault over seven times greater than the previous record. A DDoS attack that was three times bigger than any prior one was seen by Cloudflare. The online services branch of Amazon also acknowledged a success. These widespread attacks started in late August and used an HTTP/2 flaw that leaves servers more open to malicious requests. To lessen this threat, the companies advise updating web servers, and the source of the attacks is yet unknown. Unchecked DDoS attacks have the potential to impair operations seriously. The "Mirai" network attack in 2016 caused significant websites to drop. Read More..

B2B Tech News | 2 years ago          

Klarnas SnaptoShop Breakthrough From Photography into Purchases

The Swedish payments company Klarna has revealed an AIpowered shopping tool created in partnership with OpenAI. It enables customers to shop by taking

The Swedish payments company Klarna has revealed an AIpowered shopping tool created in partnership with OpenAI. It enables customers to shop by taking pictures of the items they want to buy, making them immediately available for purchase through the mobile app. Like many businesses, this invention intends to increase Klarnas valuation as it pursues an eventual IPO. By analysing pricing and reviews, Klarnas AI finds over 10 million products, including apparel, home goods, and electronics. It removes peoples faces or bodies from the photographs to meet privacy issues. Compared to Googles Lens, which focuses on image recognition, Klarnas shopping feature is available in the US, UK, Germany, Sweden, Denmark, and Norway. Despite a decline in valuation, Klarna achieved monthly profitability earlier than expected. Read More..

B2B Tech News | 2 years ago          

Japans Digi Currency DCJPY Currency Sparks Digital Revolution

By July 2024, a group of Japanese companies intends to introduce "DCJPY," a digital currency used to settle and transact clean energy certificates. GM

By July 2024, a group of Japanese companies intends to introduce "DCJPY," a digital currency used to settle and transact clean energy certificates. GMO Aozora Net Bank will create this yenbased digital money. Internet Initiative Japan IIJ will utilise it to settle clean energy certificate transactions. DeCurrets digital currency differs from stablecoins because it uses blockchain technology to be backed by bank deposits. The central banks intentions for the digital yen may be impacted by this project, which harmonises Japan with the global trend of bankbacked digital currencies. The group, which includes significant institutions, seeks to develop a standard infrastructure for the settlement of digital payments. Read More..

B2B Tech News | 2 years ago          

Adobes Firefly Image 2 Model Takes Generative AI to the Next Level

At the Adobe MAX conference, Adobe unveiled its latest generative AI models Adobe Firefly Image 2 Model, Adobe Firefly Vector Model, and Adobe Firefly

At the Adobe MAX conference, Adobe unveiled its latest generative AI models Adobe Firefly Image 2 Model, Adobe Firefly Vector Model, and Adobe Firefly Design Model. The Firefly Image 2 Model offers improved creative control and image quality, introducing Text to Image capabilities. The Firefly Vector Model is the worlds first generative AI model for vector graphics and empowers Text to Vector Graphic in Illustrator. The Firefly Design Model instantly generates template designs. Notable upgrades include Generative Match, Photo Settings for image adjustments, and Prompt Guidance for refining prompts. Read More..

B2B Tech News | 2 years ago          

Qualcomm Introduces OryonPowered Snapdragon X Series Processors

Qualcomm has introduced the Snapdragon X series, a new line of chips that will coexist with its existing Snapdragon 8cx processors. These new Snapdrag

Qualcomm has introduced the Snapdragon X series, a new line of chips that will coexist with its existing Snapdragon 8cx processors. These new Snapdragon X chips will feature a customized version of the Oryon CPUs, offering significant improvements in both performance and power efficiency. The Oryon CPU, initially announced in November last year, is intended for use in various devices, including PCs, smartphones, digital cockpits, extended reality, and advanced driver assistance systems. Qualcomm will also distinguish these new chips with a different branding, replacing the iconic Snapdragon fireball logo. Read More..

B2B Tech News | 2 years ago          

Israeli Tech Startups Struggle for Funding Amid Economic Turbulence

Israeli tech startups are struggling to secure funding due to a turbulent year marked by the collapse of a major startup lender, global economic conce

Israeli tech startups are struggling to secure funding due to a turbulent year marked by the collapse of a major startup lender, global economic concerns, and rising interest rates. This funding challenge is expected to persist for several months. The tech sector is a crucial component of Israels economy, employing 14% of the workforce and contributing 20% to the countrys $525 billion GDP in 2022. Israel, often referred to as "Silicon Wadi," is home to numerous startups, but investment in these ventures has been declining for seven consecutive quarters, even prior to recent events. Read More..

B2B Tech News | 2 years ago          

UK Governments AI Strategy Under Fire at Labour Party Conference

Labour tech ministers have criticized Rishi Sunaks handling of AI regulation, claiming its progressing too slowly and lacks clear priorities. They bel

Labour tech ministers have criticized Rishi Sunaks handling of AI regulation, claiming its progressing too slowly and lacks clear priorities. They believe the government is failing to support the tech sector in harnessing the potential of AI, despite the Prime Ministers promise to make the UK a global AI leader. They particularly pointed out the delays in the AI regulatory white papers release and issues with government AI consultations, which they say are harming both AI professionals and the UK economy. Read More..

B2B Tech News | 2 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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