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Microsoft Drops OpenAI Board Seat Amid Regulatory Scrutiny

Excerpt from Business Standard Article, Published on July 10, 2024 Microsoft has given up its board observer seat at OpenAI due to regulatory scrutiny on both sides of the Atlantic. The tech giant cited significant improvements in OpenAI's governance over the past...

Nvidia Faces EU Antitrust Scrutiny Over AI Chip Supply

Excerpt from Times of India Article, Published on July 08, 2024 European regulators are examining potential market risks related to Nvidia's AI chip supply constraints, raising concerns about market dominance. The European Commissioner for Competition is closely...

Microsoft Announces New Round of Layoffs

Excerpt from Timesofindia Article, Published on July 05, 2024 Microsoft has announced another round of job cuts, reports GeekWire. As the company's fiscal year ended on June 30, 2024, and a new fiscal year begins, organizational changes across various business units...

CDK Cyberattack Slows New Vehicle Sales Growth

Excerpt from Economictimes Article, Published on July 03, 2024 Top U.S. automakers reported slower growth in new vehicle sales for the second quarter after a cyberattack hit CDK’s Dealer Management Software. General Motors experienced a modest 0.6% rise in new vehicle...

Harness Unveils AI-Powered Features for Cloud Cost Optimization

Excerpt from Cfotech Article, Published on June 30, 2024 Harness has announced the introduction of three new AI-driven features designed to enhance cloud cost optimization and financial operations (FinOps) for organizations. These features—Cloud Asset Governance,...

The Pitfalls of AI Washing: How Exaggerated AI Claims Can Harm Businesses and Mislead Consumers

Excerpt from IndianExpress Article, Published on June 28, 2024 The release of OpenAI’s ChatGPT in 2022 sparked a surge of interest in generative AI, leading many tech companies and startups to tout AI-driven innovations. However, the reality often falls short of these...

Microsoft Drops OpenAI Board Seat Amid Regulatory Scrutiny

Excerpt from Business Standard Article, Published on July 10, 2024 Microsoft has given up its board observer seat at OpenAI due to regulatory scrutiny on both sides of the Atlantic. The tech giant cited significant improvements in OpenAI's governance over the past...

Nvidia Faces EU Antitrust Scrutiny Over AI Chip Supply

Excerpt from Times of India Article, Published on July 08, 2024 European regulators are examining potential market risks related to Nvidia's AI chip supply constraints, raising concerns about market dominance. The European Commissioner for Competition is closely...

Data Privacy & Security

Angel One Clarifies April 2023 Data Breach Incident

Angel One Clarifies April 2023 Data Breach Incident

Excerpt from The Economic Times Article , Published on July 10, 2024 Angel One has denied any fresh data breaches and reassured customers of enhanced protection measures. The company clarified that the reported breach dates back to April 2023 and was promptly reported...

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Obamacare Data Leak: Biggest Password Leak Ever

Obamacare Data Leak: Biggest Password Leak Ever

Excerpt from Times of India Article, Published on July 08, 2024 A significant data breach has been reported with the RockYou2024 database, containing almost 10 billion unique passwords leaked on BreachForums. Security researchers from Cybernews discovered the...

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Airtel Denies Alleged Data Breach Reports

Airtel Denies Alleged Data Breach Reports

Excerpt from Economictimes Article, Published on July 05, 2024 Unverified reports had suggested that details of up to 375 million Airtel subscribers, including phone numbers, email addresses, and Aadhaar numbers, were allegedly available for sale on the dark web....

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Evolve Bank Data Breach: Wise Confirms Customer Impact

Evolve Bank Data Breach: Wise Confirms Customer Impact

Excerpt from Techcrunch Article, Published on July 03, 2024 The money transfer and fintech company Wise announced on Friday that some of its customers' personal data may have been stolen in the recent Evolve Bank data breach. This incident underscores the broader...

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