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Gautam Adani to Step Down at 70, Handing Over Control to Sons and Nephews in Structured Succession Plan

Chairman of the Adani Group Gautam Adani intends to retire at the age of 70, handing over leadership to his sons Jeet and Karan, as well as his nephew

Chairman of the Adani Group Gautam Adani intends to retire at the age of 70, handing over leadership to his sons Jeet and Karan, as well as his nephews Pranav and Sagar Jr. To safeguard the longevity of the company, he strives for a slow, methodical succession. Adani has created a fourway leadership system by assigning his successors different roles but demanding cooperation from them all. Ports, energy, and infrastructure are just a few industries in which the Adani Group operates, and it has a $213 billion market valuation. The family unity and corporate growth that Adani is committed to are reflected in the succession plan. Read More..

B2B Tech News | 2 months ago          

Ethiopia to Restructure $4.9 Billion in Debt as Part of Major Financial Overhaul

Under the current debt reform, Ethiopia anticipates restructuring $4.9 billion in debt, according to State Finance Minister Eyob Tekaligns announcemen

Under the current debt reform, Ethiopia anticipates restructuring $4.9 billion in debt, according to State Finance Minister Eyob Tekaligns announcement. Ethiopia just floated its birr currency after the countrys new $3.4 billion financing agreement with the International Monetary Fund IMF. Over the next several months, the nation wants to finalise arrangements with each of its creditors. In March, around $28 billion of Ethiopias external debt was held in Eurobonds. Despite inflation worries, Prime Minister Abiy Ahmed defended the recent move to a marketdetermined currency rate, claiming it will stabilise official and black market prices and promote longterm economic growth. Read More..

B2B Tech News | 2 months ago          

Character.AI Enters NonExclusive Licensing Deal with Google, Secures Additional Funding

The Character.AI and Google have reached a nonexclusive licensing deal that permits Google to utilise Character.AIs extensive language model technolog

The Character.AI and Google have reached a nonexclusive licensing deal that permits Google to utilise Character.AIs extensive language model technology. This pact comes after similar agreements made by Amazon and Microsoft, and it will see Noam Shazeer and Daniel De Freitas, the cofounders of Character.AI, rejoin Google. Google has extended its financing to the firm however, the precise sum remained undisclosed. Dominic Perella, the general counsel of Character.AI, will assume the role of acting CEO. This transaction reflects authorities continued examination of Character.AI mergers because they are worried about the concentration of people and technology among large tech businesses. Before this, Character.AI had secured $193 million in venture money and was in talks with Google to get further funding. Read More..

B2B Tech News | 2 months ago          

Google Chrome 127 Introduces AppBound Encryption for Enhanced Cookie Protection and Malware Defense

In version 127, Google Chrome added AppBound Encryption to strengthen cookie security and protect Windows users from informationstealing malware. By e

In version 127, Google Chrome added AppBound Encryption to strengthen cookie security and protect Windows users from informationstealing malware. By encrypting data associated with particular app identities, this improvement expands upon the Data Protection API DPAPI currently in place and stops unauthorised apps from accessing confidential data. By verifying program IDs through a Windows service with SYSTEM access, the new feature increases protection against malware that uses user privileges. Passwords and payment information are just two examples of the sensitive data that Chromes AppBound Encryption will safeguard. This upgrade is an excellent addition to security features like enhanced download notifications and safe browsing. The effort generally seeks to improve user protection by making data theft more challenging and noticeable. Read More..

B2B Tech News | 2 months ago          

CERTIn Alerts on Multiple HighSeverity Vulnerabilities in Apple Devices, Urges Immediate Software Updates

"Multiple vulnerabilities" have been reported in Apple products, including iPhones, iPads, Macs, and other devices, by the Indian Computer Emergency R

"Multiple vulnerabilities" have been reported in Apple products, including iPhones, iPads, Macs, and other devices, by the Indian Computer Emergency Response Team CERTIn. The alert states that these flaws might provide attackers access to private data, the ability to run arbitrary code, get around security measures, deliver denial of service attacks, and conduct spoofing attacks. MacOS, iOS, watchOS, tvOS, visionOS, and Safari are impacted programs. The severity rating for the vulnerabilities is "high". The flaws still need to be validated by Apple, which released security fixes lately. According to CERTIns advice, Update your software per Apples most recent security upgrades to reduce these risks. Read More..

B2B Tech News | 2 months ago          

Critical Vulnerability in IRCTC Insurance Portal Exposes Passenger Data and Nominee Information

The Indian Railway Catering and Tourism Corporation IRCTC insurance site was found to have a severe vulnerability that revealed passengers travel info

The Indian Railway Catering and Tourism Corporation IRCTC insurance site was found to have a severe vulnerability that revealed passengers travel information and permitted unauthorised changes to insurance nominee data. Cybersecurity researcher Nilabh Rajpoot discovered that he could access and change critical data via an SMS link after purchasing travel insurance and train tickets. Rajpoot altered nominee data without adequate verification and gained access to sensitive passenger information by testing many PNRs and cellphone phones. On July 23, 2024, he reported the problem to CERTIn on July 30, 2024, the vulnerability had been verified to be resolved. This vulnerability highlighted severe data security concerns and affected IRCTCs thirdparty insurance gateway. Read More..

B2B Tech News | 2 months ago          

OpenAI’s New Tool Claims 99.9% Accuracy in Detecting AIGenerated Text, but Faces Release Delays

A program created by OpenAI can identify text created by AI with 99.9% accuracy, such as essays or research papers produced by ChatGPT. Despite intern

A program created by OpenAI can identify text created by AI with 99.9% accuracy, such as essays or research papers produced by ChatGPT. Despite internal discussions and user concerns, its publication has been postponed for a year. Essential concerns are user resistance, over onethird of devoted ChatGPT users dislike the technology and the possible unfair effect on nonnative English speakers. The technology indicates its AI origins in the text by adding an undetectable pattern through watermarking. Watermark removal and finding a balance between tool accessibility and efficacy still need to be addressed. To prevent AI abuse in education, academics and teachers favour such tools yet, OpenAI is still cautious, considering public sentiment and equity. Other businesses, such as Google, are working on similar technologies. Read More..

B2B Tech News | 2 months ago          

Castler Unveils CastlerCode A CloudNative Solution Revolutionizing Source Code Escrow in India

"CastlerCode," a cloudnative Source Code Escrow solution, has been introduced by Castler, a prominent escrow services provider in India. This cuttinge

"CastlerCode," a cloudnative Source Code Escrow solution, has been introduced by Castler, a prominent escrow services provider in India. This cuttingedge solution uses cloud computing to store and manage source code while providing adequate, safe security for software intellectual property. CastlerCode improves security and scalability by limiting access to only authorised parties during certain trigger events. CastlerCode complies with stringent security and compliance requirements as an AWS partner. The RBIs latest regulations requiring software escrow for regulated companies and NonBank PSOs in India make this solution appropriate. CastlerCode strives to transform source code escrow in India and worldwide by serving various companies, from startups to major corporations. Read More..

B2B Tech News | 2 months ago          



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