February 13, 2025
Tech News
Cybersecurity firm ESET has issued a warning about an alarming rise in scams linked to DeepSeek, a new Chinese AI contender challenging prominent platforms like ChatGPT. Fraudulent sites impersonate DeepSeek, luring victims with dubious cryptocurrency offers and malicious downloads. Users are urged to verify the official website to avoid such scams.
In another development, Keychain, an AI-driven manufacturing database, has secured a $5 million investment led by Continente, a major Portuguese retailer. The platform facilitates connections between brands and vetted manufacturers, enhancing the sourcing process.
Meanwhile, a creative solution emerges for VHS preservation: a 3D-printed cleaner designed to eliminate mold from old tapes. Developed by Tony Crouch, this innovative device is a boon for VHS collectors. It effectively cleans tapes while minimizing damage to both the VCR and the cassettes, meeting a critical preservation need.
In the ride-hailing sector, Lyft has faced difficulties, with its shares dropping about 9%. The company anticipates continued pressure from competitive pricing, driven primarily by Uber. Despite efforts to attract more riders through features and competitive fares, Lyft’s latest forecast falls short of market expectations, resulting in several brokerages adjusting their price targets downward.
Tech Explained
Cybersecurity – This field focuses on protecting computer systems, networks, and data from theft, damage, or unauthorized access. With the rise of online scams targeting platforms like DeepSeek, cybersecurity measures are crucial to safeguard users from fraud.
Artificial Intelligence (AI) – AI refers to the simulation of human intelligence in machines designed to think and act like humans. Keychain leverages AI to streamline connections between brands and manufacturers, improving operational efficiency and data handling.
3D Printing – This technology allows the creation of three-dimensional objects from a digital file through additive processes. The 3D-printed VHS cleaner exemplifies this innovation, providing a tailored solution for preserving valuable analog media.
Ride-hailing – This service connects passengers with drivers via a mobile app. Lyft, a major player in ride-hailing, faces challenges in maintaining competitive pricing against rival Uber, highlighting the industry’s dynamics in balancing customer and driver incentives.
Scam – Scams are deceptive schemes designed to con individuals out of their money or personal information. The rise of scams associated with AI platforms like DeepSeek stresses the importance of consumer awareness and verification in the digital space.
