Microsoft AI Outage, Sensedia AI Copilot, Fluent Bit Vulnerability
The API Changelog issue 2024.22
This is issue 2024.22 of the API Changelog, a mix of API news, commentary, and opinion. In this issue, you'll get to know the most relevant API-related information from the week of May 20, 2024. Subscribe now, so you never miss an issue of the API Changelog.
Highlight of the week
The week started with Microsoft seeking to encourage developers to create AI apps for Windows with its new Copilot Runtime. This tool simplifies the process of developing AI-integrated applications. However, a glitch in Bing's API broke search capabilities for Copilot, DuckDuckGo, and ChatGPT on Thursday. This impacted users' ability to perform searches that morning. Microsoft acknowledged the issue with Copilot and OpenAI, but Bing and Copilot continued to experience issues. The outage highlighted the importance of redundancy and contingency planning in today's digital ecosystem.
Other Microsoft-related news:
Microsoft has updated its Visual Studio and Azure platforms with new AI tools for developers. These enhancements aim to streamline workflow and improve productivity.
Microsoft's new PowerToys Advanced Paste for Windows 11 integrates with OpenAI to dynamically alter text style or code language. This feature enhances on-the-fly text editing and code conversion capabilities.
Microsoft has introduced Recall, a new feature in Windows that uses natural language to search for content on a PC. Recall is based on AI models, including multi-modal SLMs, which transform text and image data into a vector store called Windows Semantic Index. Microsoft plans to make Vector Embeddings and RAG API available in Windows Copilot Library for app developers.
Microsoft unveiled the Windows Volumetric Apps API to enhance 3D app experiences on Meta Quest devices. The API blurs virtual and physical realms, fostering productivity and creativity. See additional coverage on MSPowerUser.
This issue of the API Changelog was crafted with the help of SmartBear.
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Announcements
JPX Market Innovation & Research, Inc. and its subsidiary SCRIPTS Asia have launched data services for earnings release dates and IR events. The offerings include "Daily Data," "Historical Data," an API, free sample data, and optional full IR transcripts.
Amazon Kinesis Data Streams now supports logging with AWS CloudTrail for improved security and troubleshooting. Customers can track API requests, including the requester's details and timestamps, by configuring CloudTrail logging.
Amazon Verified Permissions now lets customers use Cognito tokens in Cedar policies and adds a multi-request API. It offers fine-grained authorizations and a new batchIsAuthorizedWithToken API for efficient permission checks.
DataForSaaS.com has launched a new API platform designed to provide SaaS developers with comprehensive data tools. This platform aims to enhance development processes and product capabilities within the SaaS industry. See additional coverage on WICZ.
Tealium and Snap have established a partnership to streamline data collection through Snap's Conversions API. This collaboration aims to enhance Snap ad campaigns, potentially increasing conversions by 5-25% according to Tealium.
Remote.It launches a new Scripting API, enabling efficient management and updates across IoT fleets using GraphQL. The API streamlines device oversight, enhancing security and performance without manual SSH access. See additional coverage on InvestorsObserver, AIThority, Field Technologies Online, and IT News Online.
Amazon QuickSight launches API support for Customer Managed Keys, enabling programmatic encryption control of SPICE datasets. The service now offers a SPICE capacity auto-purchase API across multiple global regions and ends Internet Explorer support.
Dfinity Foundation's "EVM RPC canister" launches, offering ICP smart contracts direct interoperability with major blockchains. ckUSDC, a stablecoin tied to USDC, is also now useable on ICP's network. See additional coverage on The Block, crypto.news, TradingView and CryptoSlate.
Orange and Nokia expand their collaboration to accelerate 5G application development in Europe with an API agreement. The partnership involves a hackathon, the use of Nokia's Network as Code platform, and aims to leverage 5G capabilities to create new customer applications. See additional coverage on telecoms and VoIP Review.
Funding and M&A
As of April 30, 2024, Axway Software announces a total of 36,764,853 theoretical voting rights for shareholders. This figure accounts for all shares, including those with suspended voting rights, to monitor threshold crossings.
AI
OpenAI has secured a data deal with Reddit to train its AI products, becoming also an advertising partner. Sony cautions AI developers against using its content, while Amazon Prime Video leads as the top US ad-supported streamer. Tech developments can enhance the sports fan experience, amidst discussions on the UK's economic outlook and Reddit's updated content policy.
Frame AI has released an Enterprise API that enables seamless integration of AI into businesses, enhancing both reactive and proactive data strategies. Their partner, Twilio Flex, uses this to boost digital customer engagement, leveraging STAG architecture for actionable insights.
The Azure OpenAI Semantic Caching policy allows optimized token usage by storing similar prompt completions. It uses the Embeddings model to identify similarities and supports multiple caching solutions, including Azure Redis Enterprise.
Microsoft Azure has announced the availability of Import Azure OpenAI as an API feature, enabling one-click integration into Azure API Management. This feature automates authentication and OpenAPI schema configuration and allows pre-configuring OpenAI-specific policies.
Market Logic Software introduced DeepSights™ API, enabling B2C brands to integrate market insights into their business systems for better decision-making. DeepSights offers 60% higher quality responses than generic AI by using trusted sources and facilitating AI-to-AI integrations. See additional coverage on Yahoo!finance, InvertorsObserver and TaiwanNews.
Parasoft harnesses AI for auto-parameterization of API tests and streamlines microservices testing with aggregated code coverage metrics. It now supports WCAG 2.2 and enhances reporting for web accessibility in SOAtest and DTP.
Elastic now supports using Azure AI Studio model embeddings directly within its Elasticsearch vector database. The integration allows developers in the Azure ecosystem more model options and the ability to enhance conversational search experiences. See additional coverage on Yahoo!finance and businesswire.
Qyrus has unveiled QAPi, a pioneering GenAI-powered, codeless API testing platform with a user-friendly chatbot. It offers a freemium version, boasts features like dynamic assertions, and aims to enhance productivity and efficiency in API testing.
Sensedia has introduced AI Copilot, enhancing API management and governance with AI-driven suggestions and automations. The tool, used by uisa, accelerates API development while embedding best practices for robust and efficient integrations. See additional coverage on StreetInsider.
Fintech
Health Compass, an insurtech firm, launched a new API to let brokers offer clients its IPMI services with full branding customization. Another company, battleface, previously launched a similar API-driven insurance platform in Australia.
Polly, a mortgage tech company, announced an API integration with nCino, enhancing loan pricing and locking processes. This link-up offers real-time lender and client interactions, promising efficiency and relationship-building benefits in mortgage transactions. See additional coverage on HousingWire.
Digital banking provider Tyfone has onboarded OUCU Financial Credit Union to its nFinia® Digital Banking Solutions post their merger with Cubus Solutions. The upgrade enhances OUCU Financial's digital services, aiming for growth and enriched member experiences.
myTU unveiled "Payouts API," a tool for businesses to enhance financial processes by automating real-time payments and loan management. The API features include customizable integrations, enhanced security measures, and real-time updates for operational efficiency and compliance, targeting expansion in the consumer lending industry. See additional coverage on IBS intelligence.
Kaleidoscope joins Fintech Sandbox as a Data Partner, offering API access to financial data and securities filings. This partnership accelerates startup access to vital data, enhancing the development of fintech products.
AvidXchange partners with MIP Fund Accounting by Community Brands, unveiling an API for more efficient AP processes. Users gain streamlined invoice-to-pay workflows, improved data visibility, and enhanced fraud prevention controls.
Bursa Malaysia Bhd has unveiled an API gateway to expedite CDS account activation. This enables real-time trading for retail investors. See additional coverage on Selangor Journal and Finance Feeds.
Security
A critical flaw discovered in Fluent Bit's HTTP server could lead to DoS, data leaks, or code execution. Users are urged to upgrade to version 3.0.4 as a PoC exploit for the CVE-2024-4323 issue is available. See additional coverage on TechTarget.
Check Point bolsters its Web Application Firewall with an API Discovery feature to solidify cloud security. The addition reflects in GigaOm's radar, marking Check Point a leader for its advanced cloud and API security solutions. See additional coverage on TR, SecurityBrief, APN News, and Check Point.
Veeam patched a vulnerability (CVE-2024-29849) in its Backup Enterprise Manager, releasing an update (version 12.1.2.172). The update fixes four bugs, including two high-severity issues, and allows for the optional VBEM to be updated independently.
Deepfence, a cloud-native security firm, has enhanced its CNAPP, ThreatStryker, with novel eBPF tech. ThreatStryker now uniquely inspects encrypted payloads and responds to threats in real time for GenAI frameworks. See additional coverage on The Fast Mode, SecurityInfoWatch, and InvestorsObserver.