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Crypto Exchanges on High Alert After Konni Group Attack

APT group Konni from North Korea has conducted a rare attack on the Bitcoin industry using a vulnerability in WinRAR. Konnis selection is unique beca

APT group Konni from North Korea has conducted a rare attack on the Bitcoin industry using a vulnerability in WinRAR. Konnis selection is unique because the Lazarus Group typically targets the banking and crypto industries. A sample called "wallet_Screenshot_2023_09_06_Qbao_Network.zip" was used in the assault to target Qbao Network, a service that provides intelligent cryptocurrency wallets. Through the WinRAR flaw, the victim unwittingly runs malicious payloads. Even when WinRAR released a patch, many users werent using it, revealing North Korean hackers more extensive strategy to attack banks and cryptocurrency exchanges. It emphasises the necessity of ongoing watchfulness and security improvements inside the Bitcoin sector. Read More..

B2B Tech News | 1 years ago          

AI Image Generation Gets a Boost DallE 3 Launches with ChatGPT

OpenAI unveiled DallE 3, the most recent version of its texttoimage tool, and integrated it with ChatGPT, an AI chatbot. Starting in October, ChatGPT

OpenAI unveiled DallE 3, the most recent version of its texttoimage tool, and integrated it with ChatGPT, an AI chatbot. Starting in October, ChatGPT Plus and Enterprise customers can use this tool over the API. DallE 3 has improved protections to stop the creation of violent, pornographic, or hateful content. It can produce exact, detailed graphics depending on user requirements. Additionally, it rejects requests for photos of certain prominent personalities or those that mimic living artists. Creators can prevent their work from being used to train texttoimage systems in the future, thanks to OpenAI. The business is up against other AI picture production efforts and legal difficulties, including a recent lawsuit from American writers. Read More..

B2B Tech News | 1 years ago          

SambaNova Revolutionises AI Using GameChanging Semiconductor

SambaNova Systems, an AI chip startup, introduced the SN40L semiconductor designed to enable the utilization of larger AI models costeffectively. The

SambaNova Systems, an AI chip startup, introduced the SN40L semiconductor designed to enable the utilization of larger AI models costeffectively. The chip can run models over twice the size of advanced AI models like OpenAIs ChatGPT. It targets enterprise applications, prioritizing security, accuracy, and privacy. While Nvidia dominates the AI chip market, high demand for generative AI software has strained supply. SambaNovas chip can handle 5 trillion parameter models and features advanced memory solutions to prevent bottlenecks. Taiwan Semiconductor Manufacturing Company TSMC manufactures the chip, aiming to provide an alternative to Nvidias offerings. Read More..

B2B Tech News | 1 years ago          

UK Government Urges Meta to Halt Encryption Plans Amid Child Safety Concerns

The UK government is pleading with Meta, a platform owned by Mark Zuckerberg, to postpone its plans to roll out encrypted communications, saying doing

The UK government is pleading with Meta, a platform owned by Mark Zuckerberg, to postpone its plans to roll out encrypted communications, saying doing so will enable child predators to "hide in the dark." To raise awareness of the need for safety measures to identify child abuse activity in encrypted messages, the Home Office launched a campaign with a survivors letter to Zuckerberg. According to the National Crime Agency, encrypting Instagram and Messenger chats might drastically lower abuse reports. Suella Braverman, the UK Home Secretary, argues that Meta must ensure that children are secure. Privacy concerns continue as the internet safety measure, which might influence encryption, moves through parliament. Read More..

B2B Tech News | 1 years ago          

Oracle Boosts Cloud Power with Amperes CuttingEdge Chips

Oracle has revealed plans to use the most advanced processing chips from Ampere Computing in its cloud computing service. Former Intel executives form

Oracle has revealed plans to use the most advanced processing chips from Ampere Computing in its cloud computing service. Former Intel executives formed Ampere, which uses Arm Holdings technology and TSMC for manufacturing to create energyefficient chips for data centres. Oracle was an early user of Amperes chips and is a sizable investment in the company. Renee James, CEO of Ampere, is a member of Oracles board of directors. With Intel and AMD also joining the market for energyefficient chips, this move highlights the intensifying competition among chip manufacturers. Companies that provide cloud computing services to software developers, including Oracle and Google Cloud, are major chip consumers. Read More..

B2B Tech News | 1 years ago          

Indias New Data Protection Act Spurs Talks with Tech Giants

In 2023, we expect that top IT companies like Meta, Google, Apple, and Amazon will discuss operating standards for Indias Digital Personal Data Protec

In 2023, we expect that top IT companies like Meta, Google, Apple, and Amazon will discuss operating standards for Indias Digital Personal Data Protection Act. The "alreadyannounced law" is dependent on 25 rules that are currently in the process of being written. The government plans to apply the rule gradually, starting with the most prominent tech corporations and giving smaller organisations and startups more time to adjust. The rules will specify certain data protection safeguards and address issues like child and disabled person "data processing consent methods". The government could impose penalties of up to Rs 250 crore for violations, exempting small enterprises and startups. However, the legislation gives the government specific exclusions and can block certain platforms. Read More..

B2B Tech News | 1 years ago          

U.S. Commerce Secretary Questions Huaweis Chip Capabilities

According to U.S. Commerce Secretary Gina Raimondo, there is no proof that Chinese tech giant Huawei can massproduce smartphones with cuttingedge tech

According to U.S. Commerce Secretary Gina Raimondo, there is no proof that Chinese tech giant Huawei can massproduce smartphones with cuttingedge technology. Huawei just announced the Mate 60 Pro smartphone, including a chip that experts believe Chinese foundry SMIC manufactured. In 2019, the U.S. restricted Huaweis use of specific chipmaking equipment, citing security concerns. According to the Commerce Departments investigation, the chip may violate trade regulations. Republicans have called for a complete halt to technology exports to Huawei and SMIC. Raimondo didnt say whether she was thinking about cancelling all Huawei licences. Chinese government officials are raising worries about forbidding the use of Apple iPhones, while the United States is demanding further information about the Huawei chip. Read More..

B2B Tech News | 1 years ago          

China and Russia Forge Stronger Economic Bonds Amid Global Concerns

Despite Western opposition to Russias invasion of Ukraine, China and Russia are strengthening their commercial connections. Parallel to Chinas senior

Despite Western opposition to Russias invasion of Ukraine, China and Russia are strengthening their commercial connections. Parallel to Chinas senior diplomat Wang Yis trip to Moscow, Wang Wentao, the Chinese minister of commerce, spoke with his Russian counterpart in Beijing about economic cooperation. The impending trip to Beijing by Russian President Vladimir Putin was confirmed. After falling 8% in July, Chinese imports of Russian commodities increased by 3% YoY to $11.5 billion in August. The Russian Far East, which borders China and North Korea, assumes vital importance for crossborder trade. Trade between Russia and China is becoming more diverse, and collaboration in several areas, such as grain trading and food security, is increasing. Read More..

B2B Tech News | 1 years 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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