ChatGPT scam is the new crypto scam this week and other SME tech news


Here are five tech things that happened this week and how they affect your business. Did you miss them?


1 – ChatGPT scam is the new crypto scam, warns Meta.

Developments in conversational chatbot ChatGPT have been the focus of late, which has naturally caught the attention of scammers. Technical experts – most recently meta – warn of various scenarios where ChatGPT can be used as a malicious tool. They specifically mention browser extensions and apps used to appear as legitimate ChatGPT tools. Business Facebook accounts were flagged as a vulnerability. Meta’s David Rosen stated that plans are underway to increase security for users. (Source: engaged)

Why this is important for your business:

Be wary of apps, tools, and extensions that claim to be connected to ChatGPT. Please research them before installing them.

2 – With Microsoft Teams, small businesses can now charge for appointments, webinars, and more.

Microsoft Teams is now equipped to handle virtual payments for the small business owner who performs their services online. Microsoft – always on top of how the virtual space has become a thriving marketplace for SMBs – has made a vital upgrade for its Microsoft Teams customers in the US and Canada. (Source: The edge)

Why this is important for your business:

Reportedly joining forces with PayPal, GoDaddy and Stripe, this latest addition could be a game changer for those who regularly host webinars and service-oriented professionals whose clients are located in different parts of the country, the article said. The payment app is designed to track payments and provide customers with flexible payment options.

3 – BigCommerce redevelops the B2B eCommerce platform and adds multiple stores.

BigCommerce – the eCommerce platform for merchants – introduces new features to increase sales for B2B brands. (Source: PYMTS)

Why this is important for your business:

Features include a self-service portal for B2B buyers to place and manage their orders, an advanced pricing system that enables dynamic pricing based on quantity or customer segment, and the ability to create and manage multiple locations. The goal is to help B2B brands streamline their online sales and improve the customer experience by providing a more personalized and user-friendly platform.

4 – Shopify launches Bill Pay: a time-saving merchant fee tool.

Shopify announced on its product news page Shopify Pay invoice, a new tool designed to provide sellers with an organized method of tracking and paying suppliers. (Source: Shopify)

Why this is important for your business:

The website listed the benefits of this new tool, such as a “dedicated bill-paying dashboard to filter, sort, and schedule payments.” The post also highlighted the time-saving value of Bill Pay as it is expected to significantly reduce the hours a merchant will spend on expenses each month.

5 – ChatGPT is the most sought after tech skill among the workforce – says learning platform.

Research shows that artificial intelligence and machine learning skills are in high demand, particularly for natural language processing and chatbot development. ChatGPT is used in a variety of industries and applications, including customer service, marketing, and healthcare. The study suggests that based on this growing need, organizations are actively seeking individuals with AI skills to remain competitive in the marketplace. (Source: ZDNet)

Why this is important for your business:

Entrepreneurs looking for new services to sell should consider using ChatGPT. Entrepreneurs should know that as the skills of the workforce in this technology increase, the demand to use it will also increase.