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Amazon in Talks for Strategic Investment in Bankrupt Diamond Sports Group

According to reports, Diamond Sports Group, a local sports broadcaster that declared bankruptcy earlier this year, is looking for investors. Amazon ma

According to reports, Diamond Sports Group, a local sports broadcaster that declared bankruptcy earlier this year, is looking for investors. Amazon may be one of them. A multiyear streaming relationship and a strategic investment from Amazon are part of the possible arrangement. In addition to having the local rights to over 40 NBA clubs, a third of the National Hockey League teams, and almost half of the Major League Baseball teams, Diamond Sports Group carries the games of over 40 major sports teams in the United States. If the deal is completed, Diamonds games may be streamed on Amazon Prime Video, with Diamond managing its cable networks through current alliances. Read More..

B2B Tech News | 2 years ago          

Adobe Scraps $20 Billion Deal for Figma Amid Antitrust Concerns

Adobe has backed out of its $20 billion acquisition of the cloudbased design platform Figma because of antitrust issues in the UK and Europe. The tran

Adobe has backed out of its $20 billion acquisition of the cloudbased design platform Figma because of antitrust issues in the UK and Europe. The transaction, which was made public in September 2021, was investigated by authorities worried about large tech purchases that give powerful corporations more market share. Adobe is going to give Figma a $1 billion termination fee. Last month, the UKs Competition and Markets Authority CMA declared that the contract would hinder software innovation, which most digital designers in the country utilise. Given that Figma has been expanding quickly, Adobes decision to terminate the agreement highlights the difficulties presented by heightened regulatory scrutiny of M&As. Read More..

B2B Tech News | 2 years ago          

Holiday Shopping Alert Microsoft Identifies Storm0539 as a Major Gift Card Fraud Threat

Microsoft is warning about Storm0539, a growing threat cluster that uses clever email and SMS phishing attempts to orchestrate gift card theft and fra

Microsoft is warning about Storm0539, a growing threat cluster that uses clever email and SMS phishing attempts to orchestrate gift card theft and fraud. The assaults mainly target retail establishments during the Christmas shopping season. Boobytrapped URLs lead users to phishing pages where credentials and session tokens are harvested as part of the assaults. Then, to get beyond multifactor authentication MFA security, Storm0539 registers its device for supplementary authentication prompts. Using the footing gained, one can move laterally, elevate privileges, and get access to cloud resources for fraudulent purposes. The actor is driven by financial gain they conduct indepth reconnaissance and use cloud resources for postcompromise operations. Microsoft advises strengthened credential hygiene policies. Read More..

B2B Tech News | 2 years ago          

Security Alert Xfinity Discloses Data Breach Due to Citrix Software Vulnerability

Unauthorised access to Comcasts Xfinity internal systems was discovered between October 16 and October 19. Due to a Citrix software vulnerability, cus

Unauthorised access to Comcasts Xfinity internal systems was discovered between October 16 and October 19. Due to a Citrix software vulnerability, customer data, including usernames, hashed passwords, contact information, and the final four digits of social security numbers, was probably obtained during the data breach. Xfinity has informed federal law enforcement, and an inquiry has been launched. The danger associated with the programme has been eliminated, and the breachs data is still being analysed. Read More..

B2B Tech News | 2 years ago          

Mining Revolution Atomionics Unveils Gravio for Precise Mineral Exploration

A startup located in Singapore, Atomionics, has successfully implemented its Gravio "virtual drill" technology for the first time commercially. The te

A startup located in Singapore, Atomionics, has successfully implemented its Gravio "virtual drill" technology for the first time commercially. The technique precisely locates the locations of minerals under the soil by using artificial intelligence and gravity signals. Three significant mining firms have entered into contracts with Atomionics to implement Gravio, which is anticipated to be finished early in 2019. The technique seeks to reduce expenses associated with mineral exploration initiatives by offering a more precise virtual image before accurate drilling. Strategic investors and government agencies in Singapore, such as Mikhail Zeldovich of Trafigura and Pamela Vagata, cofounder of Open AI, support Atomionics. Read More..

B2B Tech News | 2 years ago          

OpenAI Prioritizes Safety in Deployment of Advanced Models

OpenAI has provided a safety framework for its most sophisticated models, indicating that it would only use them in situations where it determines the

OpenAI has provided a safety framework for its most sophisticated models, indicating that it would only use them in situations where it determines they are safe, such as cybersecurity and nuclear dangers. Executives will analyse safety reports with the help of an advisory committee established by the corporation, but the board has the power to overturn any decisions made. The action attempts to address safety concerns with OpenAIs technology, including the possibility of misinformation spreading and reflects rising apprehensions about the possible risks associated with AI. Read More..

B2B Tech News | 2 years ago          

Bank of Japan Meeting Impact Yen Maintains Strength, Dollar Weakens

As the Bank of Japan BOJ finished its twoday monetary policy meeting on Monday, the yen held its strength. Traders are eager to see if the BOJ will re

As the Bank of Japan BOJ finished its twoday monetary policy meeting on Monday, the yen held its strength. Traders are eager to see if the BOJ will reverse its lax policy settings. Last week, the Federal Reserves policy meeting raised the prospect of interest rate reduction next year causing the U.S. dollar to begin the week weaker than it ended last week. The yen gained about 2% last week, stabilising at 142.25 per dollar. For more information on the banks rate forecast, investors will watch the BOJ decision on Tuesday. Read More..

B2B Tech News | 2 years ago          

Nissan Expands Global Sales of ChinaMade Electric Vehicles

Nissan has declared its intention to market electric cars EVs created in China worldwide. The Japanese carmaker has an agreement with Tsinghua Univers

Nissan has declared its intention to market electric cars EVs created in China worldwide. The Japanese carmaker has an agreement with Tsinghua University, one of the best institutions in China, to use local resources and expedite electrification research and development. Nissan is thinking of selling a range of cars with internal combustion engines already on the road to foreign markets, as well as future plugin hybrid and pure electric vehicles made and developed in China. This action is in line with the plans of several international manufacturers, including Tesla, BMW, and Ford, who are increasing the number of vehicles they export from China to take advantage of cheaper production costs. Read More..

B2B Tech News | 2 years ago          



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