Tag: Private Sector

. Elon Musk, the visionary entrepreneur, has announced the launch of a chatbot program called 'ChatGPT' to rival Microsoft-sponsored systems. CBSL data recently revealed that for the past seven consecutive months, credit to the Sri Lankan government and public corporations has exceeded credit to private sector. Discover the history behind this 32 year-old issue, and explore the ground-breaking initiatives of Musk and other top innovators.

. The European Commission has proposed the EU Cyber Solidarity Act, a €1.1 billion plan to strengthen cybersecurity for EU countries. The Act includes the establishment of national and cross-border security operation centers that will detect and respond to cyber threats. This plan will address current geopolitical tensions and is seen as a critical milestone for the EU. Security Scorecard encourages the need to include cyber-risk ratings as part of trusted security providers. The EU Parliament and Council will decide if they support the proposed Act. Cyber resilience is essential in digital transformation.

. From US Secretary of Commerce Gina Raimondo's admiration for Prime Minister Narendra Modi to the recently signed MoUs between India and the US, a strong and lasting partnership is being built. With Modi's dedication to his people, and Raimondo's enthusiasm for pushing the boundaries of technology and innovation, a progressive and stable future awaits. Sanjay Rai, an Indian-American, has taken on an important role in the US State Education Panel. This is the start of an alliance between India and the US!