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TECH NEWS

Gem Security Rises with $23 Million for Cloud Safety

Gem Security, an Israeli firm, has raised $34 million since its founding in February 2023, adding $23 million in a Series A funding round. The busines

Gem Security, an Israeli firm, has raised $34 million since its founding in February 2023, adding $23 million in a Series A funding round. The business specialises in cloud threat identification and incident response. It offers a platform that combines multicloud native telemetry, information from external security solutions, and information from external platforms like GitHub to offer thorough visibility and practical security advice. With the help of this money, Gem Security hopes to improve its services for discovering cloud assets, detecting threats, and handling incidents. The business strives to close the gaps in outdated security practices for the cloud era and has recorded an increase in annual recurring revenue. Read More..

B2B Tech News | 2 years ago          

BlackTech Takes Sneaky Path into Corporate Networks

BlackTech, a Chinese statesponsored APT outfit, has been uncovered conducting assaults against US and Japanese multinational corporations. BlackTech i

BlackTech, a Chinese statesponsored APT outfit, has been uncovered conducting assaults against US and Japanese multinational corporations. BlackTech infiltrates network edge devices and employs firmware implants to remain unnoticed within corporate networks. To ensure persistence, the group manipulates Cisco router firmware and pivots from worldwide subsidiaries to headquarters in Japan and the United States. This cybersecurity threat has been active since at least 2010, and it targets various industries, including government, technology, and telecoms. It is wellknown for concealing its operations through bespoke malware, dualuse tools, and strategies. Monitoring network devices, updating to secure bootcapable equipment, and checking logs for suspicious activity are all recommendations. Read More..

B2B Tech News | 2 years ago          

OpenAIs ChatGPT Levels Up with RealTime Web Access

With Microsofts help, OpenAI enabled its ChatGPT chatbot to receive realtime internet data, surpassing its previous knowledge limit of September 2021.

With Microsofts help, OpenAI enabled its ChatGPT chatbot to receive realtime internet data, surpassing its previous knowledge limit of September 2021. Premium customers can now ask ChatGPT about current events and news plans are in the works to make this function available to all users. Previously, ChatGPTs data was static and could not provide realtime changes. While this advancement improves user experience by offering quick access to current information, questions have been raised about sourcing and information quality. OpenAI has been subjected to regulatory scrutiny for misinformation hazards, illustrating the AI sectors continued struggle to balance utility and safety, as allowing access to realtime data exposes the technology to misuse and accuracy issues. Read More..

B2B Tech News | 2 years ago          

Metas Messenger Gets a Personality Boost with New Chatbots

Meta offers new chatbots with distinct personalities and expertise for its Messenger service. This approach is part of the continuous rivalry among te

Meta offers new chatbots with distinct personalities and expertise for its Messenger service. This approach is part of the continuous rivalry among tech firms to produce more accurate and personalised artificial intelligence. Mark Zuckerberg, Metas CEO, noted that these chatbots are still in development and have limits. Celebrities like Snoop Dogg and Kendall Jenner will give their personalities, emphasising entertainment rather than addressing questions. These chatbots will first be available in the United States. Meta also presented the Quest 3 virtual reality headset, emphasising its mass appeal and augmented reality capabilities. Despite investments in the metaverse, Metas VR branch has lost a lot of money. Read More..

B2B Tech News | 2 years ago          

Tesla Advancing Giga Casting Technology for Unified Underbody Parts

Tesla is reportedly advancing its "giga casting" technology to enable the casting of nearly all underbody vehicle parts as a single piece, according t

Tesla is reportedly advancing its "giga casting" technology to enable the casting of nearly all underbody vehicle parts as a single piece, according to sources close to the company as reported by Shanghai Securities News. While details about the timing and location of this upgrade remain undisclosed, recent reports from Reuters suggest that Tesla is making significant progress in developing this innovation. Tesla has been a pioneer in using highpressure casting presses to create the front and rear structures of its Model Y, substantially reducing production costs. This approach has influenced Chinese EV manufacturers like Xpeng and Geelys Zeekr to adopt similar techniques to enhance car weight and cost efficiency. Read More..

B2B Tech News | 2 years ago          

Resecurity Uncovers Smishing Groups UAE Expansion

The "Smishing Triad," known for SMS phishing scams smishing assaults, has expanded its operations to the United Arab Emirates UAE after first targetin

The "Smishing Triad," known for SMS phishing scams smishing assaults, has expanded its operations to the United Arab Emirates UAE after first targeting victims in nations such as the United States, United Kingdom, Poland, and others. The groups UAEfocused domain names were registered through a Singaporebased registrar and linked to Chinese organisations, according to Resecurity, a cybersecurity company. The organisation has geofenced their smishing pages and impersonated the Emirates Post. They used compromised Apple iCloud accounts and unlawfully obtained UAE resident records for attacks. This expansion corresponds to a rising trend of cyberattacks in the UAE, including a 77% spike in phishing attacks in the second quarter of 2023. Read More..

B2B Tech News | 2 years ago          

JPMorgans Chase UK Waves Goodbye to Crypto Transactions

Due to increased scams and fraud, Chase UK, JP Morgans British digital bank, will block customers from doing Bitcoin transactions from October 16th. C

Due to increased scams and fraud, Chase UK, JP Morgans British digital bank, will block customers from doing Bitcoin transactions from October 16th. Customers cannot conduct crypto transactions using their debit cards or bank transfers. The bank voiced concerns about cryptocurrency payment fraud and scams and recommended customers exercise caution while utilising alternative providers. Chases goal is to protect customers, and the company cited increased crypto fraudrelated losses revealed by UK regulators. Crypto fraud in the United Kingdom increased 41% last year, hitting £306 million. Banks such as NatWest have set limits on cryptocurrency trades to protect consumers. Read More..

B2B Tech News | 2 years ago          

Elon Musks Social Network X Grilled Over Fake News Surge

Vera Jourova, Vice President of the European Commission, has named social network X previously Twitter as the principal source of fake news and demand

Vera Jourova, Vice President of the European Commission, has named social network X previously Twitter as the principal source of fake news and demanded owner Elon Musk comply with EU antidisinformation regulations. Google, TikTok, Microsoft, and Meta also failed to do more to combat disinformation, much of which originates from Russia. Jourova warned of Russias "war of ideas" against democracy through social media, describing Moscows disinformation campaign as a "multimillioneuro weapon of mass manipulation." She emphasised that big web platforms must address the issue of online manipulation. The highest level of deception is attributed to Twitter. Jourova emphasised that Twitter is still subject to rigorous new EU legislation under the Digital Services Act. 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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