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Welcome to Altamira’s February tech news update, where we bring you the latest developments and trends in the ever-changing world of technology. This month, we have gathered exciting news and insights that will keep you up-to-date on the latest happenings in the tech industry.
From advancements in AI and cybersecurity to the latest gadgets and innovations, we’ve got you covered. With this update, we encourage you to uncover interesting insights and stay aware of the latest news in the tech world.
News updates on Global arena
Microsoft has announced a new version of its search engine – Bing [Source]
It has started a new race with Google. Bing will use advanced OpenAI technology, which is better than ChatGPT.
Instagram and Twitter enable users to pay for a blue tick verification [Source]
The cost will be $11.99. Mark Zuckerberg says it will strengthen the security and authenticity of apps.
Tesla is updating its self-driving software after US safety officials have raised concerns [Source]
US authorities raised their concerns that Tesla’s self-driving system can allow the driver to exceed speed limits or drive the unsafest through intersections. Thus, Tesla recalls 363,000 cars, and it is already their second recall since the last year.
SpaceX is testing the powerful rocket system [Source]
The company has performed a test on a huge new rocket system – Starship, which is supposed to become the most powerful rocket system.
Healthcare
Brain-computer interface in VR games helps stroke patients [Source]
The neurotic firm Cogitat has built a revolutionary system that can translate human brain activity into actions without any physical involvement. It enables people who had a stroke to control their computers and gadgets remotely.
AI helps to spot breast cancer [Source]
The Indian company has built a non-invasive test powered by AI, which helps to spot the early stages of breast cancer for people who do not have access to mammography screenings.
Tech helps to recover from insomnia [Source]
Almost three-quarters of people in the UK (71%) don’t get the recommended 7-9 hours of sleep per night. The burgeoning technology market offers devices that help to track slumber patterns, meditation apps, and services helping to manage sleep apnea or narcolepsy.
A drone will carry drugs and blood samples between hospitals in Northumberland [Source]
It is the modern way to decrease delivery times and maintain effective logistics. The trial was already launched and will last until 12 March gathering the patients’ data and measuring the environmental impact.
Fintech
A man loses £8000 in a banking app scam [Source]
A business owner has suffered from bank fraud. The bank said he inserted the wrong code provided by the app, however, eventually refunded all the money.
The Metaverse is bringing about a groundbreaking transformation in the finance industry by enabling the development of payment infrastructure within its ecosystem [Source]
This has opened up numerous opportunities for the financial sector by introducing effortless payment systems for users and players through digital avatars.
Data management
TikTok is under investigation for collecting user data [Source]
Canadian privacy protection regulations launched the inquiry over the concerns that TikTok hands information to Beijing. It aims to uncover whether the practices used are in compliance with Canadian legislation.
US-China chip war: ASML says China employee stole data. [Source]
The major computer chipmaker from ASML claims that a former employee in China stole the data about its technology. China’s firm did not immediately comment on this issue.
Internet with data centers consuming less electricity appears in Ireland [Source]
Everything we do on the Internet on a daily basis – needs data to be stored and readily available. They demand huge amounts of electricity. Ireland’s government decided to take action and creates data centers with lower electricity consumption.
Retail
Digital innovation revolutionizes the car shopping experience [Source]
Now you can purchase a vehicle without leaving the comfort of your home. And the next step – automotive manufacturers’ captive finance units need to provide fully digitized, multichannel automotive finance tools, which will be integrated into the process of vehicle selection or placing an order.
Leading retailers are utilizing campaigns powered by artificial intelligence (AI) [Source]
In order to capture these customers’ fleeting bursts of interest as they move across different touchpoints, many industry leaders are increasing their investment in AI-powered campaigns.
eBay buys AI fraud detection company 3PM Shield [Source]
eBay will be able to more effectively identify suspicious or harmful sellers on its platform, as well as fraudulent, illegal, or unsafe items, thanks to 3PM Shield’s technology.
To sum up
In conclusion, the world of technology is continuously evolving, and keeping up with the latest news and trends can be challenging. However, with Altamira’s February tech news update, we hope to have provided you with valuable insights and information on the latest developments in the tech industry.
Whether it’s the latest announcements of the key tech players, advancements in AI, or tech trends in the main industry directions, we are committed to keeping you informed and up-to-date. Stay tuned for our next update!
