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World Economic Forum 2025 Concludes with Emphasis on Global Collaboration Amid Uncertainty

The World Economic Forum Annual Meeting 2025, which included 500 sessions and over 3,000 leaders from 130 nations covering politics, economy, environm

The World Economic Forum Annual Meeting 2025, which included 500 sessions and over 3,000 leaders from 130 nations covering politics, economy, environment, and conflicts, ended with a call for cooperation in the face of global uncertainty. With five union ministers and two pavilions, India demonstrated a high level of participation. The subjects focus, "Collaboration for the Intelligent Age," was promoting global security, strengthening resilience, and opening up new technologies. WEF founder Klaus Schwab emphasised that it takes a group effort to shape the future. Calls for peace in conflict areas were part of the discussions, and prominent world leaders like US President Donald Trump, UN SecretaryGeneral Antonio Guterres, and Ukrainian President Volodymyr Zelenskyy made significant contributions by emphasising the value of cooperation, understanding, and hope in tackling global issues. Read More..

B2B Tech News | 2 months ago          

Ghana’s Central Bank Holds Interest Rate Steady at 27.00% Amid Rising Inflation

Following an increase in inflation last month, Ghanas central bank has kept its primary interest rate at 27.00% for the second consecutive meeting. Wi

Following an increase in inflation last month, Ghanas central bank has kept its primary interest rate at 27.00% for the second consecutive meeting. With the help of a $3 billion loan package from the International Monetary Fund, the West African country, which has defaulted on most of its external debt since December 2022, is slowly returning from the worst economic crisis in decades. Ernest Addison, governor of the Bank of Ghana, said that rising food costs, especially in the last quarter of the year, are the leading cause of the high inflation rate. With a two percentage point cushion, Ghanas consumer inflation hit 23.8% in December, the highest level in eight months and much beyond the central banks target of 8%. Read More..

B2B Tech News | 2 months ago          

Indian PM Modi Halts Privatization Efforts, Funds Struggling StateOwned Companies

Following unsuccessful privatisation attempts, Indian Prime Minister Narendra Modi is reversing his ambitious divestment plans by investing billions i

Following unsuccessful privatisation attempts, Indian Prime Minister Narendra Modi is reversing his ambitious divestment plans by investing billions in staterun companies that are suffering. The privatisation of nine stateowned enterprises was halted in January 2025 due to ministry resistance, and New Delhi announced approximately $1.5 billion in rescue packages for two of them. Following failed attempts to sell, helicopter operator Pawan Hans is one recipient of government funding, receiving $230 million for fleet modernisation. The government is also dealing with other companies financial difficulties, like Rashtriya Ispat Nigam Ltd. Only three sales have been completed since the policys introduction four years ago, indicating a substantial shift in the governments economic strategy. This move reflects growing political pressure and difficulties in accomplishing privatisation aims. Read More..

B2B Tech News | 2 months ago          

UMG and Spotify Forge MultiYear Agreement to Revolutionize Music Streaming

A multiyear partnership for recorded music and music publishing has been announced by Spotify and Universal Music Group UMG. Spotifys product range in

A multiyear partnership for recorded music and music publishing has been announced by Spotify and Universal Music Group UMG. Spotifys product range in the United States and several other countries is covered by the direct license established by this new publishing deal between UMG and Spotify. By adding additional premium subscription levels, combining music with nonmusic content, and growing the audio and visual content catalogue, the collaboration seeks to improve services for artists, songwriters, and consumers. Daniel Ek, CEO of Spotify, highlighted that this partnership will encourage ongoing innovation, increasing the appeal of music subscriptions to a larger demographic. In light of these changes, Spotify recently increased the cost of its U.S. plans and reduced marketing and workforce to increase profitability. Read More..

B2B Tech News | 2 months ago          

Bitcoin Dips Below $100,000 Amid Rising Caution in Market

Bitcoin plummeted below $100,000 on Monday, reaching its lowest value in 11 days at $98,852.17, marking a 6% decrease. According to analysts, the mark

Bitcoin plummeted below $100,000 on Monday, reaching its lowest value in 11 days at $98,852.17, marking a 6% decrease. According to analysts, the markets caution, triggered by the growing popularity of the Chinese AI model DeepSeek, caused a selloff in Western AIrelated equities. Since it challenges the dominance of Western corporations in the field, this change is being compared to AIs "Sputnik moment." A drop in Nasdaq futures and dissatisfaction with the Trump administrations delayed decisions about cryptocurrency further soured the market mood. Furthermore, riskier assets are adversely affected by worries of continuously high interest rates, which adds to the general pessimism in the cryptocurrency market. Read More..

B2B Tech News | 2 months ago          

ANICO Customer and Employee Data Resurfaces Online After 2023 Cyberattack

The American National Insurance Company ANICO is selling sensitive customer and employee data online years after a 2023 cyberattack made the material

The American National Insurance Company ANICO is selling sensitive customer and employee data online years after a 2023 cyberattack made the material public. A seller provides a 90MB CSV file with 279,332 entries, including customer account IDs, personal information, and policy data, resurfacing the incident on a hacker community. Included are employee records that contain agency and managerial information. SafetyDetectives researchers discovered the listing on BreachForums and noted that the seller had supplied a sample to confirm the leak. According to Console & Associates, P.C., financial, medical, and Social Security numbers were also made public, although this has not been confirmed. The hack highlights the persistent dangers that arise when stolen information turns out years after it was first taken. Read More..

B2B Tech News | 2 months ago          

Cybercriminals Exploit VMware ESXi SSH Tunneling for Stealthy Ransomware Deployment

Researchers at Sygnia have discovered that cybercriminals use SSH tunnelling on VMware ESXi baremetal hypervisors for secret persistence, which facili

Researchers at Sygnia have discovered that cybercriminals use SSH tunnelling on VMware ESXi baremetal hypervisors for secret persistence, which facilitates the spread of ransomware on endpoints. SSH tunnelling provides safe traffic forwarding for management access, and VMware ESXi, which is used in data centres and virtualisation, allows numerous virtual machines to run on a single server. Via known flaws or stolen administrator credentials, attackers establish persistent backdoors utilising native SSH or comparable tools. Since ESXi appliances are rarely shut down and are frequently disregarded in cybersecurity efforts, they are an appealing target. Due to ESXis distribution of logs across several files, monitoring is challenging. To identify SSH tunnelling activity, IT teams must examine four essential logs. Increased security is recommended to lessen these risks. Read More..

B2B Tech News | 2 months ago          

Meta Patches LLaMA Vulnerability Allowing Remote Code Execution via Unsafe Serialization

The LLaMA Large Language Model LLM from Meta had a vulnerability CVE202450050 that allowed code to be executed remotely by deserialising untrusted dat

The LLaMA Large Language Model LLM from Meta had a vulnerability CVE202450050 that allowed code to be executed remotely by deserialising untrusted data in the deployment tool Llama Stack. The vulnerability, which had a severity score of 6.3, resulted from socket communication using the unsafe pickle format. On 24 September, cybersecurity company Oligo Security notified Meta of the issue. On 10 October, version 0.0.41 was released, which replaced pickle with JSON for better serialisation. Additionally affected by the vulnerability was the pyzmq Python library, which has now been fixed. LLaMA, Metas AI model with an NLP focus, remains a significant player in text processing tasks with these security improvements. Read More..

B2B Tech News | 2 months ago          



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