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Musk and Sunak Chart the Future of AI Safety at London Summit

Elon Musk praised Chinas participation in talks regarding AI safety during a London event of the AI Safety Summit. Regarding AI safety, Musk expressed

Elon Musk praised Chinas participation in talks regarding AI safety during a London event of the AI Safety Summit. Regarding AI safety, Musk expressed his desire for China, the US, and the UK to stand together. He underlined that since these nations are leaders in the area, it would be beneficial if they agreed on safety. It was believed that for the talks on AI safety to make any real headway, China had to attend the meeting. AI systems require physical "offswitches" to prevent them from going insane, as both Elon Musk and British Prime Minister Rishi Sunak have stated. They also discussed how disruptive AI could be, how it would affect jobs, and what life was all about. Read More..

B2B Tech News | 2 years ago          

Kakao Grapples with Regulatory Hurdles Amid Market Turbulence

The South Korean software firm Kakao is under closer regulatory scrutiny due to allegations of monopolistic behaviour and an ongoing investigation int

The South Korean software firm Kakao is under closer regulatory scrutiny due to allegations of monopolistic behaviour and an ongoing investigation into possible stock market manipulation. Over the last three months, the companys stock has decreased by 27%, underperforming the overall market. Citing monopolistic practices and pricing increases, South Korean President Yoon Suk Yeol has called for an examination of Kakao Mobilitys taxihailing service. More than 90% of South Koreas taxihailing market is controlled by Kakao Mobility. Additionally, the business is being looked at for possible infractions about its purchase of KPop agency SM Entertainment. These legal obstacles arise when Kakao aims to compete with nearby rival Naver Corp. and develop artificial intelligence. Read More..

B2B Tech News | 2 years ago          

ArabAfrican Conference Kicks Off Youth & Tech Take Center Stage

The subject of this years 26th ArabAfrican Investment and International Cooperation Conference is "Youth as the Axis of Development – Opportunities

The subject of this years 26th ArabAfrican Investment and International Cooperation Conference is "Youth as the Axis of Development – Opportunities and Challenges." The event, which takes place in Sharm ElSheikh, Egypt, focuses on how Arab and African nations are embracing technology and artificial intelligence. In order to promote social and economic growth, it seeks to promote machine learning and digital transformation in the public, private, and collaborative sectors. The conference promotes a competitive and varied economy that moves towards a knowledgebased digital economy, which is in line with Egypts 2030 Vision for Sustainable Development. In collaboration with ONPASSIVE, the event will showcase AI products and solutions. Read More..

B2B Tech News | 2 years ago          

JPMorgan Chase CEO Warns Texas on BusinessFriendly Image

Jamie Dimon, the CEO of JPMorgan Chase, has voiced concerns that Texass reputation as a businessfriendly state is being jeopardised by laws that targe

Jamie Dimon, the CEO of JPMorgan Chase, has voiced concerns that Texass reputation as a businessfriendly state is being jeopardised by laws that target Wall Street banks for their fossil fuel and firearmsrelated policies. In 2021, Texas passed legislation that forbade government contracts with organisations that discriminated against the gun business other states have followed suit. JPMorgan Chase does not discriminate against or boycott anyone based on their political party or any other reason, Dimon emphasised. The ongoing discussion about environmental, social, and governance ESG practices and how they relate to state legislation and corporate operations is reflected in these developments. Read More..

B2B Tech News | 2 years ago          

SoftBanks Innovative BondStyle Shares Hit the Market

Japans SoftBank Corp raised 120 billion yen $799 million by listing its bondlike shares on the Tokyo Stock Exchange. SoftBank may redeem these shares

Japans SoftBank Corp raised 120 billion yen $799 million by listing its bondlike shares on the Tokyo Stock Exchange. SoftBank may redeem these shares following five years, and they have a fixed dividend of 2.5 per cent. The shares feature traits of both bonds and equity, despite being categorised as equity. Demand was high among institutional and individual investors, who made up the majority of the offerings target market. The shares are a desirable investment alternative, especially if interest rates rise because they are readily listed and may be acquired through the taxefficient Nippon Individual Savings Account NISA. Read More..

B2B Tech News | 2 years ago          

Toyota Recalls 1.85 Million RAV4s Over Fire Risks

Because installing replacement batteries poses a fire risk, Toyota is recalling 1.85 million RAV4 sport utility cars in the US. Cars with model years

Because installing replacement batteries poses a fire risk, Toyota is recalling 1.85 million RAV4 sport utility cars in the US. Cars with model years 2013–2018 are included in the recall. According to Toyota, if a holddown clamp is not tightened correctly, a replacement 12volt battery with a smaller top dimension may slide when the car is driven erratically, increasing the danger of a short circuit and fires. By the end of December, dealers will replace the positive terminal cover, battery tray, and holddown clamp with better parts. Customers will be informed of the recall timetable. Read More..

B2B Tech News | 2 years ago          

Google Unleashes AIPowered Image Magic for Advertisers

Google has made its AIpowered Product Studio available to US advertisers. Using this application, advertisers and retailers can create product imagery

Google has made its AIpowered Product Studio available to US advertisers. Using this application, advertisers and retailers can create product imagery by entering image creation prompts. The AI model can help with tasks like scene requests, changing the backdrop colour, and improving lowquality photographs. This feature makes it easier for businesses to reuse current assets across numerous campaigns by enabling them to create professional photos without the need for costly photography sessions. All US users of Merchant Centre Next as well as the Google and YouTube apps on Shopify will have access to the feature. It seeks to offer branding and image design services that are reasonably priced for companies of all kinds. Read More..

B2B Tech News | 2 years ago          

Ciscos Urgent Alert Critical Vulnerability in FTD Devices

A critical command injection vulnerability, rated 9.9 on the Common Vulnerability Scoring System, has been published by Cisco about their Firepower Th

A critical command injection vulnerability, rated 9.9 on the Common Vulnerability Scoring System, has been published by Cisco about their Firepower Threat Defence FTD devices. The FTD devices management centre software is vulnerable to unauthorised configuration instructions being executed by authenticated remote attackers. The vulnerability is related to the execution of specific unauthorised configuration commands via a specially constructed HTTP request. The management centre software update is a component of a larger security rollup that covers 27 vulnerabilities in total, including eight highseverity CVEs, five of which are denialofservice vulnerabilities, including the Firepower management centre, FTD software, and adaptive security appliances made by Cisco. 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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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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