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Hackers Breach RIBridges, Exposing Thousands of Rhode Island Residents’ Sensitive Data

A hack on RIBridges, the states online portal for government assistance programs like SNAP and TANF, which has been in operation since 2016, most cert

A hack on RIBridges, the states online portal for government assistance programs like SNAP and TANF, which has been in operation since 2016, most certainly resulted in the theft of hundreds of thousands of Rhode Island citizens financial and personal information, including Social Security numbers. Hackers, recognised as a global cybercrime organisation, threaten to disclose the stolen data and demand a ransom. The systems vendor, Deloitte, acknowledged the compromise and the likelihood of data theft. Since the state has shut the portal down, new applications must be handled manually. Households that are impacted will get mail notifications along with information security instructions. The incident highlights serious flaws in public systems that handle sensitive data, necessitating immediate investigations and corrective actions. Read More..

B2B Tech News | 3 months ago

India and EU Push for Balanced Free Trade Agreement Amid Ongoing Negotiations

The EU and India are working towards a fair and advantageous free trade agreement FTA, focusing on the necessity of political guidance to reach a deal

The EU and India are working towards a fair and advantageous free trade agreement FTA, focusing on the necessity of political guidance to reach a deal that has commercial significance. According to talks between EU ambassadors and Commerce Minister Piyush Goyal, India is a leader in exporting services, while the EU is competitive in manufacturing. All parties acknowledged the significance of attending to sensitivities and guaranteeing a fair approach in the FTA. The discussion also brought up the necessity for sustainability measures to consider various developmental trajectories. Within the Trade and Technology Council framework, the EU and India are special partners. Read More..

B2B Tech News | 4 months ago

Kansai Electric Power Acquires 49% Stake in Iberdrola’s Windanker Offshore Wind Project

Kansai Electric Power Co. 9503.T has purchased a 49% share in Iberdrolas IBE.MC Windanker offshore wind project in Germany to strengthen their relatio

Kansai Electric Power Co. 9503.T has purchased a 49% share in Iberdrolas IBE.MC Windanker offshore wind project in Germany to strengthen their relationship. The 315megawatt wind farm will be situated in the Baltic Sea and is expected to start producing in late 2026. Iberdrola estimates the project to be 1.3 billion euros, although the investment amount still needs to be revealed. This brings Kansais total offshore capacity to three gigawatts and represents its fifth offshore wind project overseas. The businesses already work together in the UK, where Kansai owns a 12% share in Electricity North West. Iberdrola also won a 375megawatt offshore wind project in Japan, demonstrating the increasing cooperation between Western and Japanese companies in the renewable energy sector. Read More..

B2B Tech News | 4 months ago

African Development Bank Approves $108 Million Loan to Boost Zambia’s Economic Governance

Zambia has been granted a $108 million loan by the Board of Directors of the African Development Bank Group to improve economic governance and carry o

Zambia has been granted a $108 million loan by the Board of Directors of the African Development Bank Group to improve economic governance and carry out public sector reforms. The Fiscal Sustainability and Economic Resilience Support Program, which aims to create a strong, diverse economy, will be supported by this financing. Participating in the Global Forum on Transparency and Exchange of Information for Tax Purposes, registering 12,000 VATliable taxpayers, and implementing an innovative electronic invoice system are some significant projects. Through the establishment of 10 mechanisation centres to increase productivity and support the Ministry of Agricultures mechanisation policy, the initiative will help encourage agroindustrial growth. Additionally, implementing better investment management techniques will promote effective public expenditure. Twentyfour projects, totalling the African Development Banks active portfolio in Zambia as of 30 November 2024, are valued at $872.3 milli Read More..

B2B Tech News | 4 months ago

Amazon Donates $1 Million to Trump’s Inaugural Fund, Strengthening Ties with New Administration

In addition to a $1 million inkind donation from the events broadcast on its Prime Video service, Amazon has announced a $1 million donation to U.S. P

In addition to a $1 million inkind donation from the events broadcast on its Prime Video service, Amazon has announced a $1 million donation to U.S. Presidentelect Donald Trumps inaugural fund. Amazon has joined Meta Platforms, another tech behemoth, contributing $1 million for the 20 January inauguration. Jeff Bezos, Amazons founder and executive chairman, is set to meet with Trump the following week. Bezos highlighted the need for media credibility in the face of perceived bias and defended the Washington Posts decision not to support any candidate in the most recent election, despite Trumps prior criticism of the publication, which Bezos owns. Trump raised a record $106.7 million to fund his inauguration celebrations in 2017. Read More..

B2B Tech News | 4 months ago

ServiceTitan Shares Surge 42% in Strong Nasdaq Debut, Valuation Approaches $9 Billion

In their Nasdaq debut on Thursday, ServiceTitans shares jumped over 42%, beginning at $101 instead of the IPO price of $71, giving the company a nearl

In their Nasdaq debut on Thursday, ServiceTitans shares jumped over 42%, beginning at $101 instead of the IPO price of $71, giving the company a nearly $9 billion valuation. This is a minor decline compared to the companys prior valuation of $9.5 billion in a capital round headed by Thoma Bravo in 2021. Favourable market conditions, such as strong equities markets and reduced interest rate forecasts, are credited with the impressive success. By selling 8.8 million shares, ServiceTitan, a cloudbased software supplier for more than 11,800 HVAC companies, raised almost $625 million. Goldman Sachs, Morgan Stanley, and other prominent companies spearheaded the IPO, indicating growing investor interest in these offerings. Read More..

B2B Tech News | 4 months ago

Google Unveils Jules An AI Agent for Streamlined Coding with Gemini 2.0

Google unveiled Jules, a Gemini 2.0powered AI agent meant to simplify coding chores and help engineers with challenging issues. Jules is a specialised

Google unveiled Jules, a Gemini 2.0powered AI agent meant to simplify coding chores and help engineers with challenging issues. Jules is a specialised language model that can create and carry out multistep plans for debugging, code review, and fixing rare Python and JavaScript bugs. It is integrated with GitHub workflows. It operates asynchronously, allowing for dynamic task prioritisation and providing developers realtime task progress updates. Its activities can be improved with input from developers, guaranteeing precise outcomes. Jules is an experimental tool that merges patches into GitHub directly and allows pull requests. Jules is already accessible to a limited number of testers, but it is anticipated to open up for broader developer use in early 2025 through Google Labs signup. Read More..

B2B Tech News | 4 months ago

Google DeepMind Integrates Gemini 2.0 into Project Astra, Boosting Multilingual AI Power

Gemini 2.0, Google DeepMinds generalpurpose AI agent Project Astra, now boasts multilingual capabilities, better memory, and smooth integration with G

Gemini 2.0, Google DeepMinds generalpurpose AI agent Project Astra, now boasts multilingual capabilities, better memory, and smooth integration with Google services like Maps, Lens, and Search. The AI can now handle complex jobs like identifying landmarks and giving directions, which also has improved comprehension of rare words and accents. Ten minutes of insession memory retention has been added, allowing for more individualised interactions by bringing up previous exchanges. Astra also attains nearly humanlike language comprehension latency for more seamless communication. With its many uses, including smart glasses integration, the tool will debut on the Gemini app and AI assistant, significantly advancing in developing a flexible and humanlike AI agent. Read More..

B2B Tech News | 4 months ago

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