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WhatsApp Accuses Israeli Spyware Firm Paragon of Hacking 90 Users

Using a covert zeroclick attack, WhatsApp has accused Israeli spyware company Paragon Solutions of hacking about 90 users, including journalists and m

Using a covert zeroclick attack, WhatsApp has accused Israeli spyware company Paragon Solutions of hacking about 90 users, including journalists and members of civil society. In retaliation, WhatsApp blocked the hacking attempt, issued Paragon a ceaseanddesist letter, and sent users to Citizen Lab for assistance. AE Industrial Partners recently purchased Paragon, which is an ethical spyware supplier. However, experts contend that such abuses are part and parcel of the commercial spyware sector. This episode is becoming more pressing because of concerns about spyware that targets government officials, journalists, and activists globally. Read More..

B2B Tech News | 1 years ago          

Google Confirms Cybercriminals Exploiting Gemini AI for Attacks

Google has acknowledged that hundreds of cybercriminal organisations worldwide use its AI tool, Gemini, to intensify attacks. Threat actors from natio

Google has acknowledged that hundreds of cybercriminal organisations worldwide use its AI tool, Gemini, to intensify attacks. Threat actors from nations including China, North Korea, Russia, and Iran utilise Gemini for phishing campaign creation, vulnerability research, scripting, and reconnaissance. Still, it hasnt been used to create new attack techniques. Interestingly, Gemini is used by North Koreas APT42 to perform defence expert research, localise information, and improve phishing messaging for more convincing attacks. Traditional security methods like identifying grammar mistakes are becoming less effective as AI increases the sophistication of phishing, forcing cybersecurity experts to implement new defence tactics. Read More..

B2B Tech News | 1 years ago          

Mistral Unveils “Small 3” AI Model, Optimized for Speed and Efficiency

The Mistral Small 3 AI model is a 24billionparameter LLM with latency optimisation intended for efficiency and speed. It is competitive with Metas Lla

The Mistral Small 3 AI model is a 24billionparameter LLM with latency optimisation intended for efficiency and speed. It is competitive with Metas Llama 3.3 70B model and, according to the Parisbased AI company, performs better than OpenAIs GPT4o mini despite being smaller. Unrestricted use for both commercial and academic purposes is permitted under the Apache 2.0 license. Unlike many other models, it was not taught using artificial intelligence or reinforcement learning. Secure local inference, lowlatency function calling, and quick response chatbots are all perfect uses for this paradigm, which can even operate covertly on a single Nvidia RTX 4090 GPU. Mistral Small 3 is accessible to developers on Hugging Face and elsewhere. Read More..

B2B Tech News | 1 years ago          

OpenAI Unveils “Deep Research” AI for MultiStep Online Analysis

OpenAI has introduced "deep research," a new AI tool to facilitate multistep online research on complex issues. Deep research creates detailed reports

OpenAI has introduced "deep research," a new AI tool to facilitate multistep online research on complex issues. Deep research creates detailed reports similar to a research analysts by analysing various web sources, such as text, photos, and PDFs, using an optimised version of the future OpenAI o3 model. Despite acknowledging shortcomings in effectively conveying uncertainty and differentiating reliable sources from rumours, OpenAI claims the program can accomplish hours of human investigation in minutes. Starting Sunday, deep research will be available on ChatGPTs web version. By February, it will also be available on desktop and mobile devices. OpenAI has already released two AI agents this year after launching "Operator," a task automation tool, in January. Read More..

B2B Tech News | 1 years ago          

RBI’s $5 Billion Dollar/Rupee Swap Auction Set to Attract Strong Interest

On Friday, six bankers predict substantial interest from banks and corporate treasuries in the Reserve Bank of Indias RBI 5 billion dollar/rupee buyse

On Friday, six bankers predict substantial interest from banks and corporate treasuries in the Reserve Bank of Indias RBI 5 billion dollar/rupee buysell swap auction. This sixmonth dollar/rupee swap is a component of the RBIs plan to counteract the rupees depreciation by injecting roughly 1.5 trillion rupees $17.33 billion into the banking system. The RBI will buy spot dollars at the auction to improve rupee liquidity and temporarily decrease dollar availability. Corporate treasuries are expected to take part in obtaining forward money. There are differing views on the precise premium levels. Still, most bankers believe the auction will see significant oversubscription and that the cutoff premium will be near current market rates. The auction is designed to accommodate multiple bids at different prices, with the RBIs ongoing interventions likely to stabilize the auction cutoff levels. Read More..

B2B Tech News | 1 years ago          

El Salvador Implements Bitcoin Reforms After $1.4 Billion IMF Loan Agreement

Following a $1.4 billion loan deal with the International Monetary Fund IMF, El Salvador is enacting changes to the usage of Bitcoin in its industrial

Following a $1.4 billion loan deal with the International Monetary Fund IMF, El Salvador is enacting changes to the usage of Bitcoin in its industrial and banking sectors. The government has made Bitcoin payments optional for local retailers to meet IMF requirements. The countrys legislature supported this choice, with only two parliamentarians voting against the reform and 55 in favour. According to lawmaker Elisa Rosales, the legislation would improve Bitcoins status as legal cash and encourage its practical application. The IMF agreement, reached in December 2024, stipulates that taxes must only be collected in US dollars and include steps to restrict the public sectors exposure to Bitcoin. El Salvadors prior cryptofriendly policies attracted Web3 firms, but the country faced IMF scrutiny since April 2024 due to its Bitcoin legislation. Read More..

B2B Tech News | 1 years ago          

Blackstone Stands Firm on Data Center Investments Amid LowCost AI Concerns

Despite the rise of inexpensive AI models like Chinas DeepSeek, Blackstone said on Thursday that its significant data centre investments are still sub

Despite the rise of inexpensive AI models like Chinas DeepSeek, Blackstone said on Thursday that its significant data centre investments are still substantial. According to the alternative asset manager, physical infrastructure is essential for AI operations, which oversees $80 billion in leased data centres. Jonathan Grey, president and COO of Blackstone emphasised the companys strategic approach and collaborations with prominent international companies. Even though DeepSeeks launch has raised questions about possible effects on demand for data centres, Grey thinks lower prices may encourage broader AI use, increasing the demand for data centres. Jefferies analysts concurred, stating that hyperscalers are unlikely to cut back on their capital spending as AI competition heats up. Despite these reassurances, Blackstones shares fell nearly 4% in afternoon trading. Read More..

B2B Tech News | 1 years ago          

Ghana’s Finance Minister Announces Successful Creditor Agreement for Debt Relief

In a crucial step towards rebuilding its national finances and formalising a debt restructuring plan first decided upon with the Official Creditor Com

In a crucial step towards rebuilding its national finances and formalising a debt restructuring plan first decided upon with the Official Creditor Committee in June 2023, Ghana has signed a memorandum of agreement with its official creditors. This restructure comes after Ghana defaulted on most of its external borrowings in 2022, mainly affecting its cocoa and gold industries. The pact, which intends to offer significant debtservice relief as part of the International Monetary Fund loan program, has now been signed by all participating creditor countries, according to the finance minister, Cassiel Ato Forson. Ghana is negotiating with 60 international banks to resolve the remaining $2.7 billion in loans, even though 93% of the restructuring process is finished. Forson underlined that the government is dedicated to accelerating these discussions. Read More..

B2B Tech News | 1 years ago          



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