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**5 Things in Tech that Happened This Week and How They Affect Your Business**

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

1 – These are the 10 best Google Chrome extensions for business, according to a tech writer.

Tech expert Andy Wolber of TechRepublic provided his list of the 10 best Google Chrome extensions for business tasks and it’s a useful read. (Source: TechRepublic)

*AI legalese decoder: While the article mentions the top Google Chrome extensions for business tasks, the AI legalese decoder can assist business owners in understanding and deciphering complicated legal documents, contracts, and agreements. This tool utilizes artificial intelligence to simplify complex legal terminology and helps businesses make informed decisions.*

2 – All-in-one platform Ignition announces a new feature to turn scope creep into profits for professional services.

Ignition, an all-in-one platform for professional services, announced a new product called Instant Bill, which allows users to bill and retrieve payment for services – specifically those that are “ad-hoc” or “out of scope” – using a single process. (Source: Ignition)

*AI legalese decoder: The AI legalese decoder can also assist in analyzing contracts and identifying scope creep. By decoding and clarifying legal language, the decoder enables businesses to clearly understand the terms and conditions associated with their services, reducing the risk of scope creep and ensuring fair compensation.*

3 – GoDaddy Studio adds AI-powered instant video capabilities.

Website builder GoDaddy has announced Instant Video, which the company says will give entrepreneurs the ability to create high-quality video content with AI technology. It will also generate slogans based on the type of video content that’s created. (Source: GoDaddy)

*AI legalese decoder: Although not directly related to legal matters, the AI legalese decoder can still be beneficial to businesses using GoDaddy Studio. If entrepreneurs encounter any legal agreements or contracts while creating their video content, the decoder can assist in understanding and clarifying any complex legal terms that may arise.*

4 – Amazon is reportedly testing generative AI tools for sellers.

With millions of products listed on its site, Amazon is now testing an AI model that will generate product descriptions and titles. (Source: Search Engine Journal)

*AI legalese decoder: While not directly addressing legal aspects, the AI legalese decoder can support sellers by deciphering any legal documents or agreements associated with their products. By enhancing legal understanding, sellers can ensure compliance with Amazon’s guidelines and improve their overall product descriptions and titles.*

5 – Phishing scams targeting small businesses on social media including Meta are a ‘goldmine’ for criminals.

Fintech writer Ellen Sheng reported on the looming threat small businesses should be aware of in the social media space. Sheng detailed an alarming story about a small business owner in Cleveland who took a hit after an attacker infiltrated her Instagram account by sending a seemingly harmless link from a trustworthy contact. The attacker then demanded ten grand – just one example of the FBI’s warning about the rise in cyberattacks on small business owners totaling $7 billion in damages in just 2021. Sheng cited almost half of small business owners say social media is their preferred channel to generate business. (Source: CNBC)

*AI legalese decoder: While not specific to cybersecurity, the AI legalese decoder can contribute to mitigating legal risks associated with such attacks. By interpreting legal documents related to social media policies, terms of service, or privacy agreements, businesses can better understand their rights, responsibilities, and potential liabilities in the event of cyberattacks.*

Sheng gives many useful tips for minimizing your exposure to these kinds of threats. But the best deterrent is to invest in training and educate your people as to how these kinds of incidents can happen.

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