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Cloud adoption for telcos is coming with AWS collaboration – SiliconANGLE News

Bringing the cloud to telecommunications has been a lengthy process, but Amazon Web Services Inc. is collaborating with telephone companies to complete their transformation from connectivity providers to digital service providers.

We have 240 services built using thousands of [application programming interfaces], and all the developers see, all that our cloud users see, are APIs, said Ishwar Parulkar(pictured), chief technology officer of telecom and edge cloud at AWS. Its a sea of APIs, and one piece that was missing was the connectivity piece. Now [developers] can build applications that are network-aware.

Parulkar spoke with theCUBE Research analysts John Furrier and Dave Vellante at MWC Barcelona, during an exclusive broadcast on theCUBE, SiliconANGLE Medias livestreaming studio. They discussed how cloud computing is transforming telco operations and whats next for APIs. (* Disclosure below.)

Cloud adoption for telcos consists of stages, according to Parulkar. Managing the workload of operations support and business support systems is one of the first, while the radio access network is more demanding. Since MWC 2023, AWS has been collaborating with the Global System for Mobile Communications Associations Open Gateway initiative to bring more cloud services to the edge.

What Open Gateway is doing is standardizing [APIs] across telcos, Parulkar said. Even though its coming from a different operator, it has to be the same API, same format that can be integrated into the application.

Security, bandwidth control and location services are three areas that Parulkar describes as low-hanging fruit for Open Gateway. For example, APIs could help with fraud detection for financial services by detecting whether a SIM card has been swapped.Reinventing telco services will also be crucial for the next wave of artificial intelligence.

If you look at most machine learning applications, theres training which needs to be done [with] large compute capacity. Theres inference which can happen at the edge, Parulkar said. We are looking at how we can apply generative AI and our other artificial intelligence and machine learning services to help telcos really transform their businesses.

Heres the complete video interview, part of SiliconANGLEs and theCUBE Researchs coverage of MWC Barcelona:

(* Disclosure: TheCUBE is a paid media partner for the MWC Barcelona event. No sponsors have editorial control over content on theCUBE or SiliconANGLE.)

THANK YOU

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Multi-cloud security challenges and best practices – TechTarget

Multi-cloud environments are rapidly becoming a common deployment model for many organizations. From a security standpoint, however, they introduce added complexity.

A main source of this complexity is the expansion of both the threat surface and of the skills and knowledge needed to handle the various tools, services, software objects and security policies of each cloud service provider (CSP). Due to this, organizations contend with the following main multi-cloud security challenges:

Let's dig deeper into each challenge and then look at the best practices to help solve them.

Alongside existing challenges for cloud security, an organization's security team needs to consider the following multi-cloud security challenges.

Configuration management is one of the most common issues organizations face and given the velocity of changes and updates in cloud environments, it's one that recurs.

The range and complexity of the services and objects available in a single-cloud environment can lead to misconfiguration. That range and complexity only compounds with each additional cloud in multi-cloud deployments.

Common configuration issues -- such as using outdated server and container components and images, accidentally exposing storage nodes to the internet, or improperly implementing and aligning identity and access management policies -- can result in security vulnerabilities and possible exposure in the cloud.

Logging and monitoring are relatively straightforward in leading IaaS and PaaS clouds, but many organizations struggle with the volume of cloud-related events generated. This becomes even more difficult when multiple clouds are involved.

Many organizations also often don't understand how to coordinate and contextualize playbooks for monitoring and alerting across different service environments, which leads to further complexity.

Incident detection and response are often a struggle for organizations with multi-cloud deployments. They require preparation of forensic and response tools and services ahead of time in each cloud, as well as specific workflows and playbooks that cover all cloud environments. Workflows and playbooks can become more complicated if hybrid cloud architectures are in use. Further, incident responders often lack the appropriate skills to respond to incidents in each specific cloud environment.

Meeting compliance and regulatory requirements across a diverse set of cloud environments can be difficult, depending on an organization's industry. Most larger cloud providers have SOC, ISO and other compliance-specific reports available to attest to the state of controls and processes on their side of the shared responsibility model. Customer controls status and reporting, however, still need to be collected and aggregated.

The following industry best practices and security tools and processes can help organizations meet multi-cloud security challenges head-on:

Dave Shackleford is founder and principal consultant with Voodoo Security; SANS analyst, instructor and course author; and GIAC technical director.

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Huaweis cloud unit banks on booming AI demand in Europe and Middle East – South China Morning Post

The cloud unit of Chinese telecommunications equipment giant Huawei Technologies is wooing overseas industry clients and expanding its global footprint with new data centres, banking on the explosive demand for generative artificial intelligence (AI), despite US sanctions.

Huawei plans to open a new local cloud service in Egypt next month, adding to its 85 availability zones across 30 regions globally, according to executives at the companys cloud summit in Barcelona, Spain, on Sunday, ahead of Monday's opening of telecoms industry trade show MWC Barcelona 2024. The Shenzhen-based firm will also soon launch its first AI cloud computing centre in Hong Kong, the company's executives said.

At Huawei Cloud, AI is a key strategy, said Jacqueline Shi, president of Huawei Cloud global marketing and sales service. Were building a solid cloud foundation for everyone, for every industry, to accelerate intelligence.

Huawei chases cloud clients in South Korea as users hold onto Samsung phones

Huaweis expansion in cloud computing has formed part of its ongoing efforts to forge deeper ties with traditional industries and corporations as it seeks to diversify revenue streams. The US has put multiple sanctions on the company since May 2019 when it was added to Washingtons Entity List, which cut off its access to critical American technologies and all but killed its lucrative global smartphone business.

Huaweis cloud sales reached 45.3 billion yuan (US$6.3 billion) in 2022, after seeing rapid growth outside China, according to the company. Its cloud business saw steady growth last year, according to a new years message by Huaweis rotating chairman Ken Hu Houkun in December.

The company is the second-largest cloud services provider in China, according to research firm Canalys, and it has been steadily expanding its global footprint. Last year it opened new data centres in Turkey and Saudi Arabia.

At the opening ceremony last September for the data centre in Riyadh, capital of Saudi Arabia, Huawei promised to support 200,000 new developers in the country, and work with 1,000 local partners and 2,000 start-ups through its cloud computing services over the next five years.

Huawei also saw the number of its cloud partners in Europe quintuple last year. It pledged to support the growth of 1,000 European start-ups through cloud services in the next five years.

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Revolutionizing IoT: Cloud to edgeware security and architecture – EurekAlert

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Cover forCloud to Edgeware: Wireless Grid Applications, Architecture and Security for theInternet of Things

Credit: World Scientific

What if the key to unlocking the full potential of the Internet of Things lies not in the vast expanse of the cloud, but closer to home, at the very edge of our digital world? Cloud to Edgeware: Wireless Grid Applications, Architecture and Security for the Internet of Things embarks on an exploratory journey into this frontier, where the future of IoT is being reshaped by the synergy of edge computing and advanced wireless grids, promising unparalleled efficiency and security.

In the process of crafting Cloud to Edgeware, extensive research was undertaken to bridge the current knowledge gap in the integration of cloud computing with edge technology. This book meticulously analyzes emerging wireless grid applications, their architectural frameworks, and the paramount importance of robust security measures in the IoT domain. By scrutinizing real-world case studies and the latest advancements in technology, the research offers a comprehensive insight into the potential and challenges of IoT ecosystems, setting a new benchmark for scholarly and practical discourse in this field.

The intended readership for this pioneering work is multifaceted, encompassing both professionals, researchers, and academics within the fields of information technology, cybersecurity, and IoT development. It serves as an invaluable resource for engineers, architects, and practitioners looking for practical solutions and innovative approaches to IoT challenges. Additionally, the book is tailored for researchers and students seeking to deepen their understanding of edge computing and its pivotal role in the future of digital networks, making it a must-read for those poised to lead the next wave of technological innovation.

Cloud to Edgeware: Wireless Grid Applications, Architecture and Security for the Internet of Things retails for US$148 / 135 (hardcover) and is also available in electronic formats. To order or know more about the book, visit http://www.worldscientific.com/worldscibooks/10.1142/9354.

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About the Author

Dr.Tyson Brooks is an adjunct professor in the School of Information Studies (iSchool) at Syracuse University, USA. Dr. Brooks has over 25 years of professional experience in the engineering design, architecture, and information security of complex information systems in the U.S. and overseas. Dr. Brookss expertise includes work in the areas of information assurance, cyber-security, penetration testing, and network-based intrusion analysis and defense in both the public and private sectors. He also holds certifications in Network+, Security+, CISSP, C|EH, CEA, GCIH, CAS-ISM, and PMP. He was the past Editor-in-Chief of the International Journal of Internet of Things and Cyber-Assurance (IJITCA) and is an Associate Editor for IEEE Access. Dr. Brooks is also a Senior Member of IEEE and the Association of Computing Machinery (ACM).

About World Scientific Publishing Co.

World Scientific Publishing is a leading international independent publisher of books and journals for the scholarly, research and professional communities. World Scientific collaborates with prestigious organisations like the Nobel Foundation and US National Academies Press to bring high quality academic and professional content to researchers and academics worldwide. The company publishes about 600 books and over 170 journals in various fields annually. To find out more about World Scientific, please visit http://www.worldscientific.com.

For more information, contact WSPC Communications at communications@wspc.com.

Disclaimer: AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert system.

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Google Cloud says Microsoft is seeking cloud computing monopoly – Reuters By Investing.com – Investing.com

Google Cloud, a division of Alphabet Inc. (NASDAQ:), stepped up its critique of Microsoft's (NASDAQ:) cloud computing tactics on Monday, expressing concerns over Windows makers potential monopolistic behaviors, Reuters reported.

According to Google Cloud, Microsofts practices could impede the advancement of nascent technologies, including generative artificial intelligence, the report says.

The move comes as Microsoft, along with Amazon (NASDAQ:), faces increasing scrutiny from regulatory bodies in the United Kingdom, the European Union, and the United States for their dominant positions in the cloud computing sector.

Google positions itself as the third-largest provider in this highly competitive market, trailing behind the leading duo.

The heightened attention towards Microsoft's strategic partnership with OpenAI, the entity behind ChatGPT, further amplifies these concerns.

"We worry about Microsoft wanting to flex their decade-long practices where they had a lot of monopoly on the on-premise software before and now they are trying to push that into cloud now," Amit Zavery, Google Clouds Vice President told Reuters.

"So they are creating this whole walled garden, which is completely controlled and owned by Microsoft, and customers who want to do any of this stuff, you have to go to Microsoft only," he said.

"If Microsoft cloud doesn't remain open, we will have issues and long-term problems, even in next generation technologies like AI as well, because Microsoft is forcing customers to go to Azure in many ways," Zavery said, referring to Microsoft's cloud computing platform.

Moreover, Zavery called for intervention from antitrust authorities, saying they should offer guidance and perhaps introduce rules to curb Microsoft's approach to expanding its Azure cloud business and prevent the extension of its on-premise dominance into cloud monopolization.

He also took issue with Microsoft's contracts with specific cloud providers, arguing that they overlook wider concerns.

Last month, the trade association CISPE announced it was negotiating with Microsoft to address its EU antitrust complaint regarding the company's licensing practices in cloud computing.

Microsoft denied Zaverys claims.

"We have listened to and work constructively and directly with independent cloud providers to change our licensing terms, addressing their concerns and providing more opportunity for them. Worldwide, more than 100 cloud providers have already taken advantage of these changes," a companys spokesperson said.

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How Blockchain and AI Is Combining to Reimagine the Cloud Computing Industry – Analytics Insight

As we stand at the precipice of the artificial intelligence revolution, blockchain technology is set to reign in its worst aspects, and help form a democratized AI landscape.

Cloud computing has become an invaluable tool for internet services providers and application developers in the past decade, offering simplified, ready-to-use distributed hardware and infrastructure that reduces costs and manpower for upstart businesses.

Worth an estimated $495 billion in 2022, the value of the cloud computing industry is expected to near $2.5 trillion by 2032. But the rapid growth of cloud computing isnt without its concerns.

Consider that 45% of data breaches are thought to emanate from cloud infrastructure alone, and we see that the rise of the cloud has also attracted a never-ending array of would-be hackers, who seek to scrape sensitive information (usually customers personal details) to sell on the black market.

Facebook, LinkedIn and Alibaba are just some of the household names to have experienced horrific data breaches in the past few years with over 2.3 billion users personal information being stolen in those three breaches alone.

But now, developers have caught on to a way to apply the benefits of the blockchain to the cloud computing model, presenting an innovation that could also address another major data privacy concern which looms on the horizon namely, artificial intelligence (AI).

Blockchain has earned a reputation for being a secure, private, fault-tolerant solution for record-keeping, but its distributed nature where nodes are spread across thousands of computers around the world also makes it an attractive prospect for decentralizing the cloud computing industry.

This moves cloud computing away from large, centralized data centers, creating less of a target for would-be hackers. Additionally, because blockchain networks are built using the latest, cutting-edge encryption techniques, a blockchain-based cloud brings much enhanced security to the process of setting up on the cloud.

Combined with the fact that blockchain-based applications allow the end user to retain control over their own data at all times, it becomes clear that infusing blockchain into cloud computing can effectively eradicate all of the clouds weak points in one fell swoop.

In the short time that artificial intelligence chatbots have been live, there have already been several major data breaches from companies like OpenAI, Microsoft, and many others. In addition, some AI chatbots are now being shown to be subject to human bias, dictated by the individuals or corporations who control what data theyre trained on.

So what could the blockchain-cloud combination do to address the AI problem? The answer, according to NeuroChainAI founder, Julius Serenas, lies in doing the same for AI as what blockchain networks like Ethereum did for decentralized app-creation.

Just like Ethereum created distributed, community-driven infrastructure for blockchain developers free from top-down interference I foresee blockchain having a similarly democratizing effect on AI, said Serenas.

NeuroChainAI is a Decentralized AI as a Service (DAIAS) ecosystem which employs blockchain to host AI models, using the power of the distributed community to provide computational power and source and validate training data from the ground up. The company is also developing a DePIN (Decentralized Physical Infrastructure Network) that connects community GPUs to form a shared computation network crucial for the operation of AI models.

A system of gamification and rewards encourages the community of users to add to a high-quality data pool, which can then be leveraged by developers looking to build their own decentralized AI programs hosted on NeuroChainAIs blockchain network.

This grass-roots approach saves time, cuts costs, and ensures enhanced security thanks to the decentralized nature of the blockchain, but more importantly, according to Serenas, it all adds up to the creation of an open-source AI ecosystem where anyone can spin up their own bespoke AI programs backed by the power of a decentralized community.

AI tools are poised to become part of our everyday lives in the very near future, and the all-encompassing role theyre set to play is too important to be left to a small handful of giant tech companies. By applying the benefits of the blockchain we can free AI from its corporate constraints and make it open-source of the community, for the community and by the community, added Serenas.

To recap: unlike the current plethora of corporately owned AIs, a blockchain-based AI ecosystem would eradicate data breaches (because users control their own data), ensure data suitability (because it is vetted by the community of users), reduce costs (because computing power can be gathered from a worldwide network of CPUs and GPUs), and foster a community-driven, collaborative approach to AI creation.

Our AI-based future is already assured, says Serenas. We just need to make sure its a future that we as users are in control of, he added.

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Bitcoin price tops $60,000 for first time since 2021 – Financial Times

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

The price of bitcoin has climbed above $60,000 for the first time in more than two years, as a lightning rally puts the worlds biggest cryptocurrency within touching distance of its all-time high.

Bitcoin rose as much as 12.6 per cent to hit $63,968 on Wednesday, before falling back to about $60,000. The rally has brought its gains to 42 per cent in the first two months of this year.

The rapid ascent has revived memories of the crypto bull market that pushed the token to its record peak of nearly $69,000 in November 2021, as investors pile in amid fear of missing out on further price rises.

This is insane, said Timo Lehes, co-founder of blockchain company Swarm, adding that he expected more money to flow into the token.

When people see these kinds of increases in a short period of time...then it just draws in people and Fomo does kick in, he said.

In January, US regulators approved the launch of spot bitcoin exchange traded funds by mainstream asset managers including BlackRock and Invesco, paving the way for an influx of new cash from investors looking to speculate on the cryptocurrency through a regulated vehicle.

The 11 funds now hold 303,000 bitcoins, according to K33 Research, worth $18bn and equivalent to about 1.5 per cent of the total bitcoin supply.

We could see the all-time high being broken any day now, said Simon Peters, an analyst at trading firm eToro. The driving force behind it is without a doubt the [bitcoin funds].

The surge in bitcoin price comes amid a wider rally in traditional financial markets.

Chipmaker Nvidias blockbuster results have fed an investor frenzy over the potential of artificial intelligence technology, helping push US and European stocks to all-time highs in the past week.

Crypto trading platform Coinbase blamed traffic that was 10 times normal for disruptions to some users, including displays of a zero balance in their accounts.

We appreciate your patience, Coinbase said. Were beginning to see improvement in customer trading. Due to increased traffic, some customers may still see errors in login, sends, receives and with some payment methods. Rest assured your funds are safe.

The price of bitcoin has soared despite US regulators clampdown on the biggest crypto companies and continued scepticism about the token. Last week, European Central Bank officials lambasted the cryptocurrency, saying the fair value of bitcoin is still zero.

Recommended

For society, a renewed boom-bust cycle of bitcoin is a dire perspective. And the collateral damage will be massive, they wrote, adding that the tokens price is not an indicator of its sustainability.

The crypto industry has been boosted by the belief that it is moving on from the scandals of recent years. The Securities and Exchange Commission hit Binance, the worlds biggest crypto exchange, with a record $4.3bn fine in November for crimes including failing to protect against money laundering and breaching international sanctions.

Binances rival, FTX, collapsed in 2022 and its founder Sam Bankman-Fried was found guilty on seven charges of fraud and money laundering. This week, his legal team argued for the former crypto tycoon to spend just a few years in prison, rather than the 100-year sentence he could face.

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News updates from February 28: Bitcoin breaks through $60,000; US GDP growth revised down – Financial Times

US GDP: Economists expect the second estimate for fourth-quarter economic growth to come in at 3.3 per cent, unchanged from the advance figure, and down from a 4.9 per cent increase in the third quarter.

Salesforce: The cloud-based software companys revenue is expected to jump nearly 10 per cent in the fourth quarter, according to analysts polled by LSEG. Investors will be keen to learn more about demand for its software and artificial intelligence products. The company is forecast to swing to a profit of $1.29 a share after a loss of 10 cents a share a year earlier.

Other companies: TJX Companies will report earnings before the bell. Paramount Global, AMC Entertainment, and HP will report after the bell.

Fedspeak: Susan Collins, president of the Federal Reserves Boston branch, will participate in a fireside chat at an event hosted by Dartmouth Colleges Tuck School of Business. John Williams, president of the New York Fed, will participate in a discussion organised by the Long Island Association.

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US gov’t moved $922 million of seized Bitcoin after BTC price broke $60,000 – Cointelegraph

The United States government transferred $922 million worth of Bitcoin from two cryptocurrency wallets that held funds seized from Bitfinex in 2016.

The U.S. governments transfers occurred the same day Bitcoin (BTC) breached $60,000 for the first time in over two years on Feb. 28. Bitcoin rose 5.52% in the 24 hours leading up to 9:45 pm UTC to trade at $62,507. The worlds first cryptocurrency is up over 20% in the past week.

The first test transfer, worth only 1 Bitcoin ($60,200 during the transfer), occurred at 3:39 pm on Feb. 28. Shortly after, the U.S. government-labeled wallet sent a second transaction worth 2,817 Bitcoin ($172.74 million), a third transaction worth 0.01 Bitcoin ($613.35) and a fourth transaction worth 12,267 Bitcoin ($748.46 million), according to Arkham Intelligence data.

The government seized the funds in 2016 after Bitfinex was hacked for approximately 119,754 BTC, worth over $7.4 billion at its current price.

The transfers occurred a day after Ilya Lichtenstein, a hacker who stole and laundered over $4.5 billion worth of Bitcoin from the Bitfinex exchange, appeared in a Washington court detailing how he pulled off one the worlds largest Bitcoin heists.

Lichtenstein reportedly told a jury on Feb. 27 that he had access to Bitfinexs systems for several months while also hacking individual accounts at other exchanges like Coinbase and Kraken, according to a Bloomberg report.

Lichtenstein and his rapper wife, Heather Morgan (also known as Razzlekhan), were arrested in February 2022. At the time, the U.S. government alleged they conspired to launder $4.5 billion in hacked Bitcoin, of which the government seized $3.6 billion in the largest financial seizure in history. The government seized an additional $475 million worth of Bitcoin on Aug. 3, 2022.

Lichtenstein and his wife pleaded guilty to money laundering conspiracy in connection with the Bitfinex hack in August 2023. Amazon has reportedly started making a movie on the Bitfinex money launderers. The script will reportedly be inspired by a 2022 article on the couple in The New York Times, branding them as Bitcoins Bonnie and Clyde.

Related: Why is Bitcoin price up today?

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Some Coinbase Users Unable To Trade, See Zero Balance Due to Outage as Bitcoin Soars – Investopedia

Key Takeaways

A Coinbase (COIN)outage left some users to witness zero balance in their accounts and unable to trade Wednesday, even as bitcoin (BTCUSD) soared past $63,000.

A status update on the Coinbase website timestamped 9:40 a.m. Pacific Time said that customer assets were "safe" and that the exchange was "aware that some users may see a zero balance across their Coinbase accounts and may experience errors in buying or selling."

With bitcoin rallying to its highest price since November 2021, a surge in traffic may have caused the service disruption, according to a post by Coinbase co-founder and chief executive officer (CEO), Brian Armstrong on X.

By 7:15 p.m. Eastern, Coinbase said it had restored all services on Coinbase.com, though some customers continued to see incorrect account balances. Earlier in the day, the exchange admitted that high traffic had caused the some of the issues that its users faced. Armstrong also posted on X that traffic surge Wednesday was greater than 10xthe threshold Coinbase had tested it could handle.

While a direct correlation cannot be drawn, there was a sharp drop in the price of bitcoin in the immediate few minutes preceding Coinbase's post about the interruption.

TradingView

Earlier today, there was another service disruption that involved delayed transactions for some Coinbase users trading on the Ethereum network. That issue was resolved close to 1:30 p.m. Eastern.

Coinbase shares gave up some of their earlier gains and were up 0.79%, trading a shade above $200 around 3:27 p.m. ET Wednesday. Bitcoin gave up its earlier gains, slipping under $60,000 before reclaiming that price milestone, higher by roughly 5% for the day.

(UpdateFeb. 28, 2024: This story was updated to include more recent outage status provided by Coinbase, additional comments from Coinbase CEO Armstrong's X posts and more current price movements.)

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