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New York Times Files Lawsuit Against OpenAI and Microsoft Over Alleged Copyright Violation

Microsoft and OpenAI have been sued by The New York Times, alleging that they trained chatbots using millions of newspaper stories without the publish

Microsoft and OpenAI have been sued by The New York Times, alleging that they trained chatbots using millions of newspaper stories without the publishers consent. According to the lawsuit, Microsoft and OpenAI attempted to "free ride" off the Timess journalism investment. The Times contends that it is not a "transformative" usage and that it is illegal to utilise its information for free to make products that compete with newspapers and draw readers away from them. The Times wants the businesses to delete chatbot models and training sets that integrate its content it is not asking for a particular sum of damages instead, it estimates damages in the "billions of dollars". Read More..

B2B Tech News | 2 years ago          

Yakult Australia Hit by Cyber Incident, 95 GB of Data Leaked by DragonForce

Data leaks by DragonForce have caused a cyber problem at Yakult Australia, the maker of a probiotic milk drink. A corporate database, contracts, passp

Data leaks by DragonForce have caused a cyber problem at Yakult Australia, the maker of a probiotic milk drink. A corporate database, contracts, passports, and other data are purportedly among the 95.19 GB of disclosed data. Yakult Australia acknowledged the cyberattack and said it is collaborating with specialists in cybersecurity to investigate the matter. Yakult continues to operate in Australia and New Zealand, even though the magnitude of the occurrence is still unknown. Although DragonForce is not currently connected to the hacktivist collective DragonForce Malaysia, it is wellknown for naming victims on its leak site following an extortion attempt. Read More..

B2B Tech News | 2 years ago          

Data Breach Alert Corewell Health Patients in Southeast Michigan at Risk Again

A population health management platform called HealthEC, which provides services to Corewell Health, may have been involved in a data breach that expo

A population health management platform called HealthEC, which provides services to Corewell Health, may have been involved in a data breach that exposed the medical records of Corewell Health patients in Southeast Michigan. Names, residences, dates of birth, Social Security numbers, medical record numbers, diagnoses, diagnostic codes, physical and mental health issues, provider names, billing and claim information, and more are among the details that have been made public. This is the second breach that Corewell Health patients have experienced recently the first occurred in November and included Welltok, a software provider that helps Corewell Health with communication. A year of identity protection and credit monitoring is being provided to impacted patients by HealthEC. Read More..

B2B Tech News | 2 years ago          

Argentinas Central Bank Eyes AR$ 20,000 and 50,000 Banknotes to Combat Inflation

The Central Bank of Argentina BCRA is thinking of producing banknotes worth AR$ 20,000 and 50,000 to stay up with inflation and lessen the necessity f

The Central Bank of Argentina BCRA is thinking of producing banknotes worth AR$ 20,000 and 50,000 to stay up with inflation and lessen the necessity for large amounts of cash in regular transactions. Since AR$ 2,000 is now the most significant denomination in circulation, most individuals must rely on AR$ 1,000 notes for everyday spending. It has been claimed that among financial circles, the president of BCRA has explored the prospect of printing notes with more prominent denominations. The new banknotes are anticipated to go into circulation in March 2024. The Central Bank is debating whether or not to produce the new notes overseas, although this decision still needs to be made. Read More..

B2B Tech News | 2 years ago          

Argos Distributors Ireland Faces €43.4 Million Cost After Closing Republic of Ireland Stores

The Irish division of catalogue retailer Argos, Argos Distributors Ireland Ltd., lost 580 jobs and had to pay €43.4 million $47.6 million in costs d

The Irish division of catalogue retailer Argos, Argos Distributors Ireland Ltd., lost 580 jobs and had to pay €43.4 million $47.6 million in costs due to shutting its shop network in the Republic of Ireland. The most notable element of the data, which was disclosed in the companys new accounts, was the €23.2 million in redundancy expenses. After determining that the investment required to turn a profit was unfeasible, the firm closed in June. According to the updated financial statements, in the year ending March 2023, the closure was also a factor in a pretax loss of €24.1 million. The revenue decline was likewise €12.8m, or 9.5%. Read More..

B2B Tech News | 2 years ago          

Aerometrex Lands $1 Million Contract for Great Barrier Reef Survey Using Laser Scanning

The Queensland Government has awarded a $1 million contract to Adelaidebased Aerometrex, a geospatial data business, to survey and monitor the Great B

The Queensland Government has awarded a $1 million contract to Adelaidebased Aerometrex, a geospatial data business, to survey and monitor the Great Barrier Reef using laser scanning technology. The project will use the remote sensing technique known as Light Detection and Ranging LiDAR to produce a threedimensional 3D map of important regions, including Burdekin, Wet Tropics, and Fitzroy. The surveys objectives are to evaluate the erosion of streambanks and gullies, track changes over time, and pinpoint the primary sources of fine material. The government will use this information to correct landscapes essential to the reefs longterm health. It is anticipated that the project will be finished by June 2024. Read More..

B2B Tech News | 2 years ago          

Strategic Move SoftBank Expands TMobile Stake to 7.64% with $7.59 Billion Share Deal

SoftBank Group Corp will get shares in TMobile U.S. valued at about $7.59 billion at no additional cost. The Japanese corporation has directed TMobile

SoftBank Group Corp will get shares in TMobile U.S. valued at about $7.59 billion at no additional cost. The Japanese corporation has directed TMobile to issue 48.75 million shares of common stock by the terms of an agreement during the combination of TMobile and SoftBanks U.S. telecom, Sprint. Through this acquisition, SoftBanks ownership position in TMobile U.S. rose to 7.64% from its present level of 3.75%, increasing the amount of listed, quantifiable equity shown on SoftBanks financial sheet. After hearing the news, the conglomerates stock increased by 5%. SoftBanks internal rate of return on its Sprint investment is positively impacted by the change, coming in at 25.5%. Read More..

B2B Tech News | 2 years ago          

Security Alert Mint Mobile, acquired by TMobile, Discloses Recent Data Breach

A recent data breach at Mint Mobile, a mobile virtual network operator MVNO that TMobile US purchased in March 2023 exposed the personal data of its u

A recent data breach at Mint Mobile, a mobile virtual network operator MVNO that TMobile US purchased in March 2023 exposed the personal data of its users. Names, phone numbers, email addresses, SIM serial numbers, IMEIs, and service package details are all exposed. Mint Mobile has informed the impacted consumers and is looking into the matter. Passwords and financial information were not stolen. This comes after a data breach that occurred in July 2021 and revealed users account information and phone number ports due to unauthorised access. Attacks using SIM shifting might be leveraged from the leaked data. Mint Mobile is collaborating with cybersecurity specialists to resolve the problem. Read More..

B2B Tech News | 2 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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