Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

Emergency Alerts in Israel Halted by Cyber Rebels

Hacktivist groups have focused on the digital frontlines of the IsraelGaza conflict, attacking Israeli online assets. These hacktivists, who frequentl

Hacktivist groups have focused on the digital frontlines of the IsraelGaza conflict, attacking Israeli online assets. These hacktivists, who frequently support various causes, disrupt and vandalise websites. Notable examples include the Jerusalem Post. These groups show how increasingly digital weapons are being used in this ongoing fight, even though the physical harm is still minor. Others claim to aim for crucial infrastructure, while some have taken credit for sabotaging Israels emergency alarm systems. Security analysts have noted over 100 Israeli websites experiencing momentary outages due to distributed denialofservice assaults. Although it can be difficult to attribute to these circumstances, experts predict increased cyber espionage operations. These online battles highlight how technology is changing how current conflicts are fought. Read More..

B2B Tech News | 2 years ago          

Gold Soars to 1Week High Amid Middle East Turmoil

Due to the Middle East turmoil and dovish comments from senior U.S. Federal Reserve officials that undermined the dollar and bond yields, gold prices

Due to the Middle East turmoil and dovish comments from senior U.S. Federal Reserve officials that undermined the dollar and bond yields, gold prices reached a oneweek high. The price of spot gold increased by 0.2% to $1,864.39 an ounce, marking its highest level since September 29. Military conflict in the Middle East increased demand for safehaven assets like gold and stoked worries about the oil supply. Investor turbulence increased due to the debate ahead of the corporate earnings season and significant U.S. inflation data. The comments made by Fed officials supported gold as a safehaven investment by implying lower rate increases. However, if interest rates climb, it loses some of its attraction. Read More..

B2B Tech News | 2 years ago          

Kaisa Groups Debt Crisis Creditors Facing Less Than 5% Recovery

Chinese real estate developer Kaisa Group, facing a windingup suit due to the nonpayment of onshore bonds, has disclosed that if the business is liqui

Chinese real estate developer Kaisa Group, facing a windingup suit due to the nonpayment of onshore bonds, has disclosed that if the business is liquidated, creditors will only receive less than 5% of their investments. The economy of China is under pressure as several Chinese developers struggle with debt difficulties, with Kaisa being one of the first to fail. Even though Kaisas offshore debt default occurred almost two years ago, the company must disclose a restructuring strategy. The business has asked for the petition to be dismissed, claiming that mainland Chinese law should apply. Kaisa has $31.91 billion in total liabilities and $12 billion in offshore debt. Read More..

B2B Tech News | 2 years ago          

Chinas Largest Developer, Country Garden, Faces Offshore Debt Dilemma

The largest private property developer in China, Country Garden Holdings, has expressed concerns about being able to make the offshore payment commitm

The largest private property developer in China, Country Garden Holdings, has expressed concerns about being able to make the offshore payment commitments on its $5.81 billion in nonyuan loans and $10.96 billion in offshore bonds. The company highlighted continuous pressure on its liquidity position and uncertainty surrounding asset disposal. Since a liquidity crisis started in 2021, almost 40% of Chinese house sales companies—mostly private property developers—have missed loan payments. Country Garden has hired advisors to evaluate its financial structure and liquidity position. While struggling financially, it recently received clearance from onshore bondholders to extend nine bonds totalling 14.7 billion yuan. Read More..

B2B Tech News | 2 years ago          

Lazarus Groups $900 Million Cryptocurrency Laundering Spree Revealed

Between July 2022 and July 2023, the Lazarus Group, which has ties to North Korea, laundered nearly 900 million dollars using cryptocurrencies. Approx

Between July 2022 and July 2023, the Lazarus Group, which has ties to North Korea, laundered nearly 900 million dollars using cryptocurrencies. Approximately 1/7th of crosschain criminal operations, including crypto thefts, scams, and Ponzi schemes, are carried out by this group. As a result of law enforcement efforts to target mixers, threat actors started using chainhopping techniques to resell stolen goods. These individuals take advantage of the lack of reliable mainstream blockchain analytics tools. Furthermore, in the last 104 days, Lazarus stole about $240 million worth of cryptocurrency assets from several companies, including Atomic Wallet, CoinsPaid, Alphapo, Stake.com, and CoinEx. The research emphasises the difficulties law enforcement and virtual asset services confront in battling cryptocurrency criminality. Read More..

B2B Tech News | 2 years ago          

Vodafone Takes the Lead in Open RAN with Intel Partnership

Vodafone is reaffirming its commitment to Open RAN Radio Access Network technologies by collaborating with Intel to develop a unique chipset design. F

Vodafone is reaffirming its commitment to Open RAN Radio Access Network technologies by collaborating with Intel to develop a unique chipset design. For additional flexibility, Open RAN allows equipment mixing from many providers. Vodafone and Orange successfully used Open RAN to make 4G calls in Romania. Nokia is currently testing the technology there. This joint venture with Intel aims to accelerate innovation by creating chipsets for testing and prototyping. To promote competition and innovation in mobile network infrastructure, Open RAN aims to diversify a market currently dominated by proprietary solutions from firms like Ericsson, Nokia, and Huawei. The goal is to advance Open RAN adoption and competition in the industry. Read More..

B2B Tech News | 2 years ago          

AI Dominance Sparks Global Regulatory Rush

Andreas Mundt, the head of Germanys cartel office, has raised alarm about how artificial intelligence AI is becoming increasingly important in enhanci

Andreas Mundt, the head of Germanys cartel office, has raised alarm about how artificial intelligence AI is becoming increasingly important in enhancing Big Techs market dominance. He warns that tech behemoths like Google and Microsoft, which have made significant investments in AI, may use their enormous data stores to gain an advantage in various markets, including smart homes, online advertising, and more. Governments worldwide are scrambling to create AI regulations, with the European Union hoping to do so soon. Aware of the potential for smaller providers to influence the AI environment, Mundt emphasises the necessity of preventing AI from further enhancing corporate domination. Read More..

B2B Tech News | 2 years ago          

EU Probes Microsoft and Apple Services Under Digital Markets Act

EU antitrust regulators are seeking input from Microsoft users and rivals on whether Microsofts Bing, Edge and Microsoft Advertising and Apples iMessa

EU antitrust regulators are seeking input from Microsoft users and rivals on whether Microsofts Bing, Edge and Microsoft Advertising and Apples iMessage should be subject to the Digital Markets Act DMA. This follows investigations initiated by the European Commission in September, examining whether these services should be categorized as core platform services under the DMA. The DMA imposes obligations on major tech companies like Microsoft, Apple, Google, Amazon, Meta Platforms, and ByteDance to facilitate thirdparty apps on their platforms and enable easier switching between default and rival apps. The Commission is gathering feedback on the importance and usage of these services. Read More..

B2B Tech News | 2 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   15457   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12930   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13304   

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.
   13050   

5.  Approximately 8 billion gadgets connect on the internet every day.
   16140   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.