Tag: headlines

AI Threat Prediction Platform Detects Cyberattacks in Real Time

AI

AI has made great strides in things like computer vision. A new artificial intelligence SaaS application was introduced at the RSA Conference 2017. The new Threat Prediction Platform by PatternEx is human-assisted. It’s been proven that this approach produces around five times less false positives while at the same time detecting ten times more the attacks than other detector solutions Trendin Tech reports. What makes PatternEx’s solution so different is that it uses technology known as “Active Contextual Modeling (ACM).” This technology has the ability to synthesize analyst intuition into…

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Verizon to buy Yahoo for $250m less as deal to go ahead despite data breaches

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Verizon will press ahead with plans to buy Yahoo despite the two historic data breaches the internet giant revealed it had suffered last year. The US telecoms giant Verizon has renegotiated its $4.8bn (£3.85bn) deal to buy Yahoo to pay around $250m less in the wake of the record-breaking cyber attacks, according to Bloomberg. The sale, which was due to go ahead in the first three months of 2017, was delayed and almost derailed after Yahoo revealed hackers had stolen details from around 1.5bn accounts in two separate attacks back in 2013 and…

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Microsoft Outgrows the Cloud Competition

Staff Writer

As security continues to improve and enterprises increasingly move from on-premise data centers and infrastructure to the cloud, Amazon.com (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) are positioned to soak up the largest shares of the unfolding market. A report from IDC estimates that public cloud spending will increase from $70 billion in 2015 to $140.1 billion in 2019  that’s a lot of potential business up for grabs for service providers. Amazon currently has a big lead in the space thanks to its multi-year head start, but Microsoft’s Azure offers comparable service and is…

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A Startup Has Developed An Artificial Intelligence That Can compete with Google

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There is something familiar about fears that new machines will takeover human activities. Today, the machinery question is back with a vengeance. The entire tech industry has fallen hard for a branch of artificial intelligence called deep learning. The AI involves throwing massive amounts of data at a neural network to train the system to understand things like speech and images.The deep learning allows systems to learn and improve by crunching lots of examples rather than being explicitly programmed. Acording to Forbes, a new startup coming out of stealth called Gamalon , claims…

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Yahoo paying small price for big hacks

Staff Writer

Yahoo is on the verge of cutting the price of its core-business sale to Verizon Communications by $250 million to $350 million, less than a 10 percent discount to what was originally agreed, according to media reports. That would be a small price to pay for massive hacks that affected over 1 billion users’ account data reports Reuters. In an effort to add online value to its increasingly commoditized telecommunications business, Verizon acquired onetime internet darling AOL and last July agreed to buy $40 billion internet company‘s advertising and search…

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Google ordered to pay $20M for ripping off anti-malware patents in Chrome

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Google has been ordered to pay $20m damages after its Chrome browser was found to have infringed four anti-malware patents. According to The next web, Google is tremendously dedicated to improving its Chrome browser, but it appears the search engine giant might’ve gotten a little carried away in the process – and now it has to pay the piper. A District Court in Texas ordered the tech giant to spew out $20 million in damages for infringing four anti-malware patents  in Chrome. The verdict was delivered on Friday following a jury…

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21% of British startups plan to open a European office due to Brexit

The vote to leave the EU left some start ups questioning where their future lies, particularly if they’re confronted with issues around employing foreign staff. Currently, One in every five UK start ups intends to open a European office due to Brexit, according to survey results published Tuesday by Silicon Valley Bank. It found that 21% of UK startups are planning to open up a new office in cities such as Berlin, Paris, and Stockholm, which are all trying to take on London’s Tech City. The survey also found that around…

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Smart TV company accused for massive privacy violation

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A top smart TV manufacturer will pay state and federal authorities $2.5 million to settle claims it illegally tracked and sold data on customer’s viewing habits without their consent,  reports IT News. Vizio, which was acquired by Chinese electronics maker LeEco last year, has agreed to pay the US Federal Trade Commission (FTC) and the New Jersey Divsion of Consumer Affairs a total of US$2.5 million (A$3.27 million) for the privacy violation, US$300,000 of which was suspended. Authorities claim that the company sold televisions loaded with software that, by default,…

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The state of internet connectivity around the world

Staff Writer

The internet is becoming more accessible. The price of mobile service is falling, with developing countries seeing costs fall by between 15% and 25% from 2013 to 2014. But service still remains more expensive for developing and least developed countries when looking at the cost as a percentage of their gross national incomes (GNI) per capita, a metric the ITU uses to make a more apples-to-apples comparison across countries with vastly different economies. This week, the International Telecommunication Union, an arm of the United Nations, released a report on global…

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Samsung Pay to launch in India in first half of 2017

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Samsung plans to launch its Samsung Pay mobile payment solution in India in the first half of 2017, according to a person familiar with the matter Mashable Reports. For bringing Samsung Pay in India, the company has partnered with American Express (Amex), said the person, adding that the company may be exploring opportunities with giants such as Visa and MasterCard as well. American Express has been one of the partners of Samsung for the epayment solutions in several other regions including the USA, South Korea and Australia. Elsewhere, Samsung has…

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