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Google Urges Action Against Spyware Firms, Citing Threat to Civil Society

Google has urged the United States and its partners to stop the spyware business, denouncing surveillance software companies that facilitate hazardous

Google has urged the United States and its partners to stop the spyware business, denouncing surveillance software companies that facilitate hazardous hacking tools. These companies have targeted journalists, political opposition, and civil society despite their claims to be helping national security. According to Google researchers, smaller businesses, in addition to NSO, also play a role in the spread of surveillance technologies. Targets of government employees have spurred the United States and its allies to commit to regulating the spyware sector. Google listed organisations that provide phone security breaching services, including Greek, Spanish, and Italian businesses. The claim comes after the United States announced additional visa restrictions on those who misuse commercial malware to limit their activities within the nation. Read More..

B2B Tech News | 2 years ago          

African Mining Indaba 2024 Kicks Off in Cape Town, Focusing on Investment in Mining Sector

With an emphasis on investment in the mining industry in Africa, the African Mining Indaba 2024 gets underway in Cape Town. The conversation centres o

With an emphasis on investment in the mining industry in Africa, the African Mining Indaba 2024 gets underway in Cape Town. The conversation centres on metals necessary for the energy shift in the next 20 years, the demand for minerals like cobalt and lithium might climb sixfold. Experts anticipate a turnaround in the trend, despite a recent reduction in exploration spending, because of the increased need for minerals in the energy transition. The programme highlights the importance of Environmental, Social, and Governance ESG standards for developing sustainable mining in Africa. It is anticipated that the Democratic Republic of Congo, a significant participant in the production of green metals, will attend the Indaba. Read More..

B2B Tech News | 2 years ago          

Sumitomo Mitsui Banking Corp Appoints Carsten Stoehr as Deputy Head for Asia Pacific

The central banking unit of Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corp SMBC, has appointed Carsten Stoehr, a former CEO of Credit S

The central banking unit of Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corp SMBC, has appointed Carsten Stoehr, a former CEO of Credit Suisse for Greater China, as its deputy head for the Asia Pacific region. Before Credit Suisses merger with UBS in March 2023, Stoehr worked there for over 25 years. He will oversee structured lending and private wealth businesses from Singapore across the APAC region in his new position. Stoehr will report to SMBCs regional coheads. Read More..

B2B Tech News | 2 years ago          

Reserve Bank of Australia Keeps Rates Steady at 4.35% as Inflation Remains a Worry

The Reserve Bank of Australia RBA, the countrys central bank, has maintained interest rates at 4.35%. The decision, which was expected, was made in th

The Reserve Bank of Australia RBA, the countrys central bank, has maintained interest rates at 4.35%. The decision, which was expected, was made in the context of worries about inflation, which is still high even if it somewhat decreased in the fourth quarter. The Reserve Bank of Australia said that before it considers changing interest rates, it wants further proof of sustained inflation. Since May 2022, the bank has increased interest rates by 425 basis points to combat persistently rising inflation nevertheless, new data on the economy and consumer expenditure pointed to a deteriorating economy. Due to the decision, the Australian currency gained strength, and futures currently indicate a 36% chance of a rate decrease in June. Read More..

B2B Tech News | 2 years ago          

Jio Financial Services Shares Surge Amid Talks of Potential Paytm Wallet Acquisition

Following rumours that it is in negotiations with Paytm parent firm One 97 Communications to purchase Paytms wallet business potentially, shares of Re

Following rumours that it is in negotiations with Paytm parent firm One 97 Communications to purchase Paytms wallet business potentially, shares of Reliance Industries Jio Financial Services surged up to 14%. Later, Jio Financial clarified that it hasnt been involved in any talks about this. Reportedly, Jio Financial and HDFC Bank are leading candidates to buy Paytms wallet division. Following the Reserve Bank of Indias decision to prohibit Paytm Payments Bank from taking deposits or credits to client accounts, the company is allegedly experiencing an existential crisis. Jio may offer to buy Paytm Payments Bank as part of a rescue package. Read More..

B2B Tech News | 2 years ago          

Cyberattack Strikes Chicagos Lurie Childrens Hospital, Disrupting IT Systems

A hack caused Lurie Childrens Hospital in Chicago to take its IT systems offline, which disrupted regular business. The hospital treats more than 200,

A hack caused Lurie Childrens Hospital in Chicago to take its IT systems offline, which disrupted regular business. The hospital treats more than 200,000 children a year, making it one of the most significant paediatric hospitals in the nation. The problem affected phone, email, internet, and MyChat platform access. The hospital said there were only minor interruptions to patient care, and emergency services were unaffected. The hospital is working with law enforcement and enlisting professionals in the inquiry as part of its proactive response to the cybersecurity breach. Several services, including the results of CT and ultrasound scans, were momentarily unavailable, and scheduled treatments were postponed. Read More..

B2B Tech News | 2 years ago          

Amazon Unveils AI Assistant "Rufus" to Enhance Product Recommendations

Rufus, an artificial intelligence assistant from Amazon, helps people choose things that suit their needs. Amazon says Rufus will help customers find

Rufus, an artificial intelligence assistant from Amazon, helps people choose things that suit their needs. Amazon says Rufus will help customers find the most significant things. Still, others point out that the corporation has a history of pushing customers towards goods that profit Amazon. Amazon disputes allegations made by the Federal Trade Commission FTC that it runs a "paytoplay" scheme and skews search results. Analysts speculate that, with Amazons substantial advertising income, Rufus may someday include sponsored results. In Q4 2023, the companys ad sales increased by 27% to $14.7 billion. According to sources, Rufus is not influenced by advertising and is first intended to foster trust with people. Read More..

B2B Tech News | 2 years ago          

U.S. Commerce Secretary Plans Funding Awards for Semiconductor Manufacturing

Within the next two months, U.S. Commerce Secretary Gina Raimondo expects to award many grants from the governments $39 billion initiative to increase

Within the next two months, U.S. Commerce Secretary Gina Raimondo expects to award many grants from the governments $39 billion initiative to increase semiconductor production. The semiconductor fund supports building factories and expanding production capacity by providing subsidies for the fabrication of chips and other supply chain investments. Raimondo said these are newgeneration investments, including size, scale, and complexity never seen previously in the United States, highlighting the complexity and scale of the facilities proposed by businesses like TSMC, Samsung, and Intel. The "Chips for America" programme is anticipated to announce multibilliondollar semiconductor financing grants in the upcoming year, totalling around twelve. Raimondo highlighted the bright future for the semiconductor industry, with artificial intelligence playing a significant role. 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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