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Showing posts from January, 2024

Ransomware surged last year, but law enforcement struck back

From criminals shifting their ransomware tactics to claims that less companies are paying ransom demands, it appears these types of cyberattacks had a transformative period last year. Read more: Ransomware surged last year, but law enforcement struck back https://bit.ly/42sAsAr

Silicon Valley’s Codeium raises $65m to combine AI with coding

Now reportedly valued at $500m, the Menlo Park-headquartered start-up founded in 2021 says it is building ‘the future of software development’. Read more: Silicon Valley’s Codeium raises $65m to combine AI with coding https://bit.ly/3SFlILp

New York sues Citi for allegedly failing to protect fraud victims

The US state's attorney general claims fraud victims were scammed out of millions and that Citibank denied these victims help or refunds. Read more: New York sues Citi for allegedly failing to protect fraud victims https://bit.ly/3HH4hUm

The key to happiness at work? Practice what you preach, says this founder

Cork's Clodagh Ryan travelled through South Korea, Goa, Sydney, professional services and adtech before coming home to set up workplace wellbeing start-up Craoi. Read more: The key to happiness at work? Practice what you preach, says this founder https://bit.ly/3vUe3zY

$2.1bn worth of bitcoin seized by German police

The bitcoin was seized after one of the accused in the investigation voluntarily transferred them to official wallets provided by German police. Read more: $2.1bn worth of bitcoin seized by German police https://bit.ly/3SoiY3F

Schneider Electric confirms it was hit by ransomware attack

The company said its sustainability division was attacked and there are reports that the Cactus ransomware brand was behind the latest incident. Read more: Schneider Electric confirms it was hit by ransomware attack https://bit.ly/4benDh7

One for the ages? Why tech needs to watch its ageism problem

78pc of Irish workers surveyed by Matrix recruitment group last year said ageism is a problem. Out-of-date tech skills can be a barrier for older workers but upskilling is an easy solution. Read more: One for the ages? Why tech needs to watch its ageism problem https://bit.ly/49e2zFD

SEC calls HyperFund a $1.7bn fraudulent pyramid scheme

The two founders of HyperFund have been accused of guaranteeing high returns to investors, despite the fact the company had 'no real source of revenue'. Read more: SEC calls HyperFund a $1.7bn fraudulent pyramid scheme https://bit.ly/4bgDGLm

Blockchain blast-off: Ubloquity joins prestigious aerospace accelerator

Ubloquity focuses on blockchain for supply chains, but backers say its tech can also be used in the aerospace and aviation sectors. Read more: Blockchain blast-off: Ubloquity joins prestigious aerospace accelerator https://bit.ly/3Shxoma

EU commits €150m to infrastructure decarbonisation fund

The EIF is supporting a White Summit Capital fund that aims to support infrastructure companies across Europe and boost decarbonisation efforts. Read more: EU commits €150m to infrastructure decarbonisation fund https://bit.ly/42l7lPl

How businesses can tackle the cybercrime economy

Rapid7’s Raj Samani gives an insight into the growing threat of bad actors on the dark web and offers advice for businesses to better protect their data. Read more: How businesses can tackle the cybercrime economy https://bit.ly/3uiq4yr

Statkraft aims for 3GW of Irish renewable projects by 2030

The energy company said this roadmap includes 1.5GW of Irish projects that have been built or are already under construction. Read more: Statkraft aims for 3GW of Irish renewable projects by 2030 https://bit.ly/3SC1FfJ

Japan’s Slim lander comes back online to resume moon mission

The country became the fifth country to successfully land a spacecraft on the moon’s surface, but the lander was unable to charge its power from the sun until now. Read more: Japan’s Slim lander comes back online to resume moon mission https://bit.ly/499qnKQ

Researchers use AI to develop early flood warning system

Data from Storm Babet, which devastated Co Cork last October, could improve the accuracy of an AI model designed to predict future flooding events. Read more: Researchers use AI to develop early flood warning system https://bit.ly/3vPyg9X

GlitchAds: A platform to set up ads as easily as Stripe sets up billing

With a focus on small B2B businesses, GlitchAds is one of the most promising start-ups to be born out of the Founders accelerator programme at Dogpatch Labs. Read more: GlitchAds: A platform to set up ads as easily as Stripe sets up billing https://bit.ly/48R4FeW

Dublin gets 20 sensors to monitor emissions in real time

The Urban Sense project aims to provide a real-time visual pulse of Dublin, as part of a broader initiative to better understand greenhouse gas emissions in various environments. Read more: Dublin gets 20 sensors to monitor emissions in real time https://bit.ly/3SAf7BJ

Siro expands in Dublin with major €100m investment

Parts of the city now serviced by the broadband company include the Docklands, East Wall, Walkinstown, Kimmage and Crumlin. Read more: Siro expands in Dublin with major €100m investment https://bit.ly/3vyob18

Instagram co-founders’ news-sharing app Artifact is shutting down

Artifact entered a sector full of stiff competition last year, amid a rush of sites being hailed as potential alternatives to Twitter - now known as X. Read more: Instagram co-founders’ news-sharing app Artifact is shutting down https://bit.ly/3SjoG7Z

Enovus Labs: Creating ‘cool’ tech products for both Earth and space

After being made redundant from Nokia Bell Labs, Nick Jeffers and Brian Donnelly kept their cool when making their start-up dreams a reality. Read more: Enovus Labs: Creating ‘cool’ tech products for both Earth and space https://bit.ly/3S0m1i5

BT Young Scientist winner wants to verify content in post-ChatGPT era

Months of hard work and dedication have brought budding young scientist Seán O’Sullivan to this evening’s BTYSTE awards ceremony in the RDS. Read more: BT Young Scientist winner wants to verify content in post-ChatGPT era https://bit.ly/3TWgjk0

Celene Craig to step down from Coimisiún na Meán role

Craig has decided not to seek a full five-year term as broadcasting commissioner after her first year. Read more: Celene Craig to step down from Coimisiún na Meán role https://bit.ly/4aXapoL

Derry’s Learning Pool acquires OnScreen to boost onboarding

Learning Pool said the acquisition gives it access to OnScreen's guided tutorials, contextual support and automated workflows to help businesses adopt new digital tools and processes. Read more: Derry’s Learning Pool acquires OnScreen to boost onboarding https://bit.ly/3U3trEd

Microsoft briefly took Apple’s crown as most valuable company

Apple has held the top spot for years, but the company's sales took multiple hits in 2023, while Microsoft has seen a surge in growth from its AI and cloud investments. Read more: Microsoft briefly took Apple’s crown as most valuable company https://bit.ly/48QYXcx

STEM advocate Wanda Austin to join Apple board

The news comes as Apple announced the departure of Al Gore and James Bell from its board later this year. Read more: STEM advocate Wanda Austin to join Apple board https://bit.ly/3OnKxJl

Meta’s updated teen safety policies don’t go far enough says whistleblower

Meta whistleblower Arturo Béjar said there was still no way for a teen to flag an unwanted advance on Instagram or Facebook. Read more: Meta’s updated teen safety policies don’t go far enough says whistleblower https://bit.ly/3NZzOob

UL study claims Ireland isn’t doing enough for anaemia patients

The study suggests that many anaemia patients are not screened for common, treatable causes of the condition, while Roughly half of patients with severe anaemia undergo no screening at all. Read more: UL study claims Ireland isn’t doing enough for anaemia patients https://bit.ly/47wCYql

Google confirms layoffs from multiple teams worldwide

A Google spokesperson said a number of teams are eliminating roles as part of an effort to become more efficient. Read more: Google confirms layoffs from multiple teams worldwide https://bit.ly/48oHOai

Software giant SAP to pay $220m over bribery charges

US attorney Jessica D Aber said SAP has accepted responsibility for corrupt practices in South Africa and Indonesia that 'hurt honest businesses engaging in global commerce'. Read more: Software giant SAP to pay $220m over bribery charges https://bit.ly/3NYjxj6

Twitch slashes headcount by a third to ‘rightsize’ the company

CEO Dan Clancy told employees in an email that Twitch is resizing based on the ‘current scale of our business’. Read more: Twitch slashes headcount by a third to ‘rightsize’ the company https://bit.ly/41TK07c

Future Human podcast: How will we travel sustainably?

In the second episode of Future Human: The Series, we look at how transport systems connect us at an environmental cost and how we can change the way we move around this planet to be more sustainable. Read more: Future Human podcast: How will we travel sustainably? https://bit.ly/41VAhNL

10 hottest tech jobs to apply for in 2024

For those who are seeking a change in their career this year, Hays’ James Milligan rounds up the top 10 most in-demand roles right now. Read more: 10 hottest tech jobs to apply for in 2024 https://bit.ly/3TWuWnC

Global chip sales up again, double digit growth expected in 2024

New data from a US trade association shows chip sales are on the rise again after a turbulent period for the sector hit by an ongoing US-China trade war. Read more: Global chip sales up again, double digit growth expected in 2024 https://bit.ly/41POkEH

Quora raises $75m for its AI chatbot platform

The majority of the funding will be used to pay bot creators on the platform through Quora’s content monetisation programme. Read more: Quora raises $75m for its AI chatbot platform https://bit.ly/3TSuNBm

HPE to acquire Juniper Networks for $14bn as it eyes AI

Juniper Networks CEO Rami Rahim said the combined HPE business will ‘accelerate innovation’ at every layer. Read more: HPE to acquire Juniper Networks for $14bn as it eyes AI https://bit.ly/48t2yhh

How will AI alter the HR tech space in 2024?

AI will help HR leaders be more efficient, but they must not get caught up in the hype wave and forget about what really matters – the people. Read more: How will AI alter the HR tech space in 2024? https://bit.ly/3NSgVU8

Apple Vision Pro to hit US stores as VR competition stiffens

Meta already has the Quest 3 on the market while both Sony and Xreal have thrown their hats in the VR ring this week to take on Apple's pricey headset. Read more: Apple Vision Pro to hit US stores as VR competition stiffens https://bit.ly/3Sb44yR

Peregrine: What happened to the new US moon lander?

After a successful launch yesterday, a failure in the Peregrine propulsion system depleted its propellant, most likely putting an end to its moon landing hopes. Read more: Peregrine: What happened to the new US moon lander? https://bit.ly/48JpFDL

NYT AI lawsuit is ‘without merit’, says OpenAI

The ChatGPT creator said the lawsuit is an opportunity to clarify its business and technology and added that the US newspaper ‘is not telling the full story’. Read more: NYT AI lawsuit is ‘without merit’, says OpenAI https://bit.ly/3vttxKU

Enterprise Ireland records jobs growth despite a tough 2023

Minister Simon Coveney, TD and Enterprise Ireland CEO Leo Clancy announced the end-of-year results at the APC and VLE campus in Dublin today. Read more: Enterprise Ireland records jobs growth despite a tough 2023 https://bit.ly/3Hbdns9

How will AI and automation impact businesses in 2024?

Experts predict that automation will become more prominent this year and that companies will need to train their staff as they try to adopt AI and rush out new products. Read more: How will AI and automation impact businesses in 2024? https://bit.ly/3RP5k9j

Irish-led study suggests evolution may be predictable

The researchers said this discovery could help scientists explore which genes could be useful to tackle issues such as antibiotic resistance, diseases and the climate crisis. Read more: Irish-led study suggests evolution may be predictable https://bit.ly/47titef

Isomorphic signs drug discovery deals with Eli Lilly and Novartis

The company aims to use the power of AI to tackle various diseases and could receive nearly $3bn from its new research collaborations. Read more: Isomorphic signs drug discovery deals with Eli Lilly and Novartis https://bit.ly/48MGUEb

Tributes pour in for Irish wind energy veteran Eddie O’Connor

CEO of Bord na Móna for a decade, entrepreneur Eddie O’Connor played an important role in putting Ireland’s renewable energy sector on the global map. Read more: Tributes pour in for Irish wind energy veteran Eddie O’Connor https://bit.ly/3S7GFhK

The Big Idea: A platform to hone creativity in the next generation

Kim Mackenzie-Doyle is a renowned product designer whose current project includes some big ideas for the future of innovation in Ireland. Read more: The Big Idea: A platform to hone creativity in the next generation https://bit.ly/4aYJdpU

Cork medtech start-up NeuroBell to hire 12 following funding boost

NeuroBell is growing its team to get its new product on the market in 2025. It is hiring engineers, QA and business development staff. Read more: Cork medtech start-up NeuroBell to hire 12 following funding boost https://bit.ly/3tPwJzW

Dublin’s Luna joins Qualcomm in micromobility venture

The company's new system provides in-ride alerts for its users and provides post-ride analytics to help drivers improve their safety skills over time. Read more: Dublin’s Luna joins Qualcomm in micromobility venture https://bit.ly/4aJgViW

What’s next for generative AI in enterprises?

Thor Olof Philogène, the CEO of AI-powered enterprise insights platform Stravito, explains why he thinks the next wave of generative AI will lead to greater workplace innovation. Read more: What’s next for generative AI in enterprises? https://bit.ly/4aJNflE

Irish IT firm HCS invests €1.1m to launch dedicated telecoms arm

HCS said it is launching the new venture due to a surge in demand, driven by the rise in hybrid working and the phasing out of copper wires in favour of fibre. Read more: Irish IT firm HCS invests €1.1m to launch dedicated telecoms arm https://bit.ly/47ojFzd

Programming language pioneer Niklaus Wirth dies aged 89

Wirth received a Turing Award in 1984 for his contributions to computer science, with his Pascal coding language being described as a foundation for future systems. Read more: Programming language pioneer Niklaus Wirth dies aged 89 https://bit.ly/4aJ79gM

Irish co-led study spores new insight into deadly fungus

The study learned more about the production of a certain fungal toxin and could lead to improved treatments for associated diseases. Read more: Irish co-led study spores new insight into deadly fungus https://bit.ly/3RPptvU