Page 22 - Tech Process News Today

India saw a 75% increase in cybersecurity budget allocation for 2023 compared with the previous year, marking it one of the highest increases in the APAC region.

The platform is undergoing a major pivot with new voice-only group messages called "Chats".

The collapse of crypto exchange FTX and of the Terra USD stablecoin during 2022 showed how shocks in one part of the crypto market can trigger billions of dollars in outflows from DeFI applications, said IOSCO, the global umbrella body for securities watchdogs from across the world.

China in recent weeks has widened curbs on the use of iPhones by state employees, telling staff in at least three ministries and government bodies to stop using their Apple mobile phones at work, Reuters reported on Thursday, following earlier reports by the Wall Street Journal and Bloomberg.

A Chinese embassy spokesperson in Washington said that accusations of China using AI to create fake social media accounts were "full of prejudice and malicious speculation" and that China advocates for the safe use of AI.

While these platforms have urged the government to allow deliveries as part of “essential services similar to the pandemic lockdowns”, sources said the city administration and police have alluded to potential security concerns with free movement of delivery personnel in the controlled areas.

Building lasting value as opposed to just pushing for near-term growth and ensuring sustainability even in turbulent times will be some traits the stellar jury members of the Economic Times Startup Awards 2023 will look for in the nominees.

It comes after China started to approve AI chatbots for public release last month. Other big tech companies in China including Baidu Inc and SenseTime Group released their AI chatbots last week.

The award will showcase a startup whose impact can be judged both by the idea and the execution. The founders should have been students whose aim was to build a commercial enterprise.

New-age online-first brands such as The Souled Store and Bewakoof have seen their online businesses expand 33% since 2019 to $2.4 billion; they are projected to grow at an annual rate of around 35% to hit $10 billion by FY28, the report said.