Bitwarden survey reveals password habits of Americans

Bitwarden’s annual worldwide password management study has looked into continued user password habits, ongoing cybersecurity issues, and increased interest in passwordless authentication. According to the survey, the majority of U.S. respondents (57%) are ‘enthusiastic’ about passwordless technology, which matches the global reaction (56%). 40% are or would consider adopting biometrics such as face recognition, fingerprint, […]

Wipro forecast 0.6% low growth for IT services

Wipro Ltd has forecast that its IT services revenue growth in the current quarter might be as low as 0.6% as clients cut down on non-essential expenditure. Wipro’s sales increased 11.2% to 231.9 billion rupees ($2.84 billion) in the March quarter, while its net profit fell 0.4% to 30.75 billion rupees due to a 12.4% […]

Dropbox to cut 16% of workforce, focus on AI development

Dropbox has announced intentions to decrease its global staff by 16%, citing the necessity to cut expenses due to sluggish cloud growth. Instead, the corporation will try to employ fresh people to supplement its artificial intelligence (AI) products. Dropbox CEO Drew Houston indicated that the company’s primary cloud business development was slowing due to economic […]

Meta beats Wall Street expectations on Q1 growth

Meta’s stock climbed more than 9% after exceeding Wall Street’s forecasts for sales, profitability, and user growth in the first quarter of the year. This is the first quarter in which Meta’s year-over-year revenue has increased following three straight quarters of sales losses. The growth suggests that the ad market, which was adversely impacted by […]

China drafts rules to regulate generative AI systems

China’s Cyberspace Administration has issued draft laws aimed at regulating the country’s chatbot sector. The rules primarily target generative AI and intends to have rigorous control over it. The draft guidelines compel corporations to follow the tight censorship standards of the Chinese Communist Party, ensuring that AI material promotes “socialist core values” while avoiding anything […]

Chuck Schumer leads effort to regulate AI in U.S.

Senator Chuck Schumer is leading a campaign to regulate the development and use of artificial intelligence (AI) technologies in the United States. According to a person familiar with the plan, Schumer has been circulating a broad framework among experts in recent weeks, as politicians and the public express worry about the social, economic, and security […]