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Cybercriminals Disrupt IKEA Operations Across Four Countries During Holiday Sales

Two days before Black Friday 2024, a ransomware attack targeted the Fourlis Group, an IKEA franchise, resulting in losses of €15 million $17 million

Two days before Black Friday 2024, a ransomware attack targeted the Fourlis Group, an IKEA franchise, resulting in losses of €15 million $17 million. The cybercriminals affected online stores and customer systems, disrupting operations in Romania, Greece, Cyprus, and Bulgaria. The twoweeklong intrusion affected significant holiday sales. Even though Fourlis declined to pay a ransom, they quickly restored systems without jeopardising user information. Because downtime is expensive in retail, the event highlights the growing ransomware threat. Experts in cybersecurity caution that breaches are becoming more regular and complex due to AIdriven hacks. This incident emphasises how urgently improved security measures are needed to avoid disruptions in highrisk industries, where businesses are increasingly threatened during moments of heavy commercial activity. Read More..

B2B Tech News | 1 months ago          

Netflix Tests AIPowered Search Engine for MoodBased Content Discovery

An artificial intelligence AI—powered search engine that allows users to search by mood and other specific parameters instead of just genre or actor

An artificial intelligence AI—powered search engine that allows users to search by mood and other specific parameters instead of just genre or actor names is being tested by Netflix to improve content recommendations. In the upcoming weeks, the feature—now accessible to iOS users in Australia and New Zealand—is anticipated to be introduced in the US. With OpenAI technology, this search engine seeks to offer more tailored recommendations, facilitating users discovery of material that suits their interests. Although Netflix has long employed AI for suggestions, this is a big step toward more engaging and natural content discovery. Read More..

B2B Tech News | 1 months ago          

IBM Unveils z17 Mainframe, Engineered for AI Workloads and Hybrid Cloud

The most potent mainframe that IBM has ever released, the z17, was created especially for AI workloads. Supporting tiny language models with less than

The most potent mainframe that IBM has ever released, the z17, was created especially for AI workloads. Supporting tiny language models with less than 8 billion parameters, the z17s Telum II processor incorporates an onchip AI coprocessor to improve inferencing workloads. Additionally, the system includes the Spyre Accelerator, a PCIe card that expands AI compute capabilities for processing unstructured data, including generative AI. Security is a top priority when using AIpowered Sensitive Data Tagging and IBM Threat Detection for z/OS, as well as quantumsafe cryptographic methods to satisfy future regulatory requirements. IBM wants the Z17 to serve as a platform for hybrid cloud environments, enhancing security and operational effectiveness for sectors with demanding compliance requirements. Read More..

B2B Tech News | 1 months ago          

Chrome Extensions Requesting Web Traffic and Cookie Access Raise Privacy Concerns

More than 4 million users are in danger of security breaches due to more than 30 unlisted Google Chrome extensions discovered by a cybersecurity resea

More than 4 million users are in danger of security breaches due to more than 30 unlisted Google Chrome extensions discovered by a cybersecurity researcher. Sensitive information may be misused due to these extensions excessive permission requests, which include access to stored cookies, online traffic, and browser tabs. Specific extensions, such as "Fire Shield Extension Protection", have been reported for doing possibly harmful things. To lessen vulnerabilities, the researcher recommends that users unlist specific extensions. This discovery emphasises the importance of keeping cybersecurity hygiene and closely examining browser extensions. Read More..

B2B Tech News | 1 months ago          

Luxon Advocates for CPTPP and EU Collaboration Amid Global Trade Disruptions

In light of the interruptions to global commerce brought on by U.S. tariffs, New Zealand Prime Minister Christopher Luxon is scheduled to meet with fo

In light of the interruptions to global commerce brought on by U.S. tariffs, New Zealand Prime Minister Christopher Luxon is scheduled to meet with foreign leaders to support rulesbased free trade. The Comprehensive and Progressive Agreement for TransPacific Partnership CPTPP will be strengthened, and Luxon intends to explore cooperation with the European Union. He stressed the significance of standing up for the institutions that support New Zealands economic interests. Later this month, Luxon is scheduled to travel to the United Kingdom to meet with Prime Minister Keir Starmer to address geopolitical, trade, and security issues. This programme is an example of New Zealands proactive approach to fostering international collaboration and overcoming trade obstacles. Read More..

B2B Tech News | 1 months ago          

EU Approves $23 Billion in Retaliatory Tariffs on U.S. Goods

With a target value of $23 billion, the European Union has authorised its first round of retaliatory taxes on U.S. imports. A reaction to U.S. tariffs

With a target value of $23 billion, the European Union has authorised its first round of retaliatory taxes on U.S. imports. A reaction to U.S. tariffs on European steel, aluminium, and other goods, these measures include taxes ranging from 10% to 25%. The European Union maintained that these countermeasures are required to safeguard its economic interests, although it nevertheless emphasised its preference for negotiated solutions. The tariffs will be applied gradually beginning on 15 April and may be halted in the event that a fair deal with the United States is struck. This action demonstrates how the two economic powers trade tensions are growing. Read More..

B2B Tech News | 1 months ago          

India and Russia Agree on Six Strategic Projects to Boost Bilateral Investment

To strengthen their bilateral investment cooperation, India and Russia have reached an agreement on six important new projects. When the IndiaRussia W

To strengthen their bilateral investment cooperation, India and Russia have reached an agreement on six important new projects. When the IndiaRussia Working Group on Priority Investment Projects IRWGPIP met for the eighth time in New Delhi, this decision was made. The meeting reviewed previous sessions results and concentrated on promoting joint projects in areas of shared interest. The two countries reiterated their dedication to deepening economic relations and extending investment cooperation. Over 80 companies, including financial institutions and entrepreneurs, participated in the IndiaRussia Investment Forum that followed the conference. Read More..

B2B Tech News | 1 months ago          

Anthropic Launches $200 Claude Max Plan for Power Users in Generative AI

Anthropics Claude chatbot, which caters to power users who need strong generative AI capabilities, has a $200 monthly subscription option. The $20 Pro

Anthropics Claude chatbot, which caters to power users who need strong generative AI capabilities, has a $200 monthly subscription option. The $20 Pro plans usage limitations are doubled with this new "Max" package, which also gives you priority access to Anthropics newest models and features. This move is perceived as a direct response to ChatGPT Pro, a $200/month service offered by OpenAI. Anthropic intends to serve professionals in domains like marketing, financial services, and coding, highlighting the expanding need for cuttingedge AI solutions across multiple industries. This programme showcases Anthropics efforts to increase its market presence and the competitive environment of generative AI. Read More..

B2B Tech News | 1 months 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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