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Software firm Cloudsmith announces £8.8m investment
Software firm Cloudsmith announces £8.8m investment
A Belfast-based software supply chain management firm has announced an £8.8m investment. Cloudsmith will use the funding to grow operations for its global client base, including leading software companies such as Shopify, PagerDuty, Font Awesome, HP and EnterpriseDB. The funding, led by MMC Ventures, will bolster the firm’s ability to deliver a software supply chain platform. Cloudsmith provides organisations with a single source for managing all their software assets, including datasets required to build the AI products of the future. Recently appointed chief executive officer Glenn Weinstein said the industry demand for software supply chain solutions is surging. He said: “Despite economic headwinds and a slow venture capital funding market, this announcement reaffirms the confidence our investors have in Cloudsmith. “We’ve been successfully disrupting and reinventing the software supply chain market. “This fresh infusion of capital also comes as industry demand for secure and reliable software supply chain solutions is surging. “Cybersecurity attacks of increasing severity have become more frequent, and threaten reputational damage, data exfiltration and IP theft.” The firm’s software supply chain management platform is designed to meet the needs of software teams building for internal use or distributing software packages to the market. It provides a suite of artefact storage, management and distribution solutions, allowing developers and companies to streamline and control their software supply chain, improve collaboration and accelerate product delivery. Belfast is a leading tech hub with a thriving digital economy Glenn Weinstein Mr Weinstein added: “This funding will be used to enhance Cloudsmith’s unique cloud-native software supply chain solution, which is faster, more secure and of higher value than the legacy on-premises vendors we’re displacing. “Cloudsmith is a great choice for companies with software teams distributed in remote locations, and while the US is our largest market, we continue to see increased demand from a range of countries including the UK, Germany and Australia.” He emphasised the strategic importance of its Belfast headquarters which benefits from access to both UK and EU markets. “Belfast is a leading tech hub with a thriving digital economy. “We see this renewed round of investment as a doubling down on Cloudsmith’s commitment to this vibrant city.” Read More Young people the biggest users of generative AI, Ofcom study shows No ‘smoking gun’ linking mental health harm and the internet – study UK and South Korea issue warning over North Korea-linked cyber attacks Data protection watchdog warns websites over cookie consent alerts Employee data leaked during British Library cyber attack Half of adults who chat online with strangers do not check age – poll
2023-11-28 08:16
No ‘smoking gun’ linking mental health harm and the internet – study
No ‘smoking gun’ linking mental health harm and the internet – study
The internet and mobile phones may not have a “blanket negative effect” on wellbeing and mental health, researchers say. A large international study used data from two million people aged 15 to 89 in 168 countries, and found smaller associations than would be expected if the internet were causing widespread psychological harm. The researchers say that if the link between internet use and poor health were as universal and robust as many think they would have found it. We looked very hard for a ‘smoking gun’ linking technology and wellbeing and we didn’t find it Professor Andrew Przybylski, Oxford Internet Institute However, the study did not look at social media use, and although the data included some young people, the researchers did not analyse how long people spent online. Professor Andrew Przybylski, of the Oxford Internet Institute, and Assistant Professor Matti Vuorre, Tilburg University, and Research Associate, Oxford Internet Institute, carried out the research into home and mobile broadband use. Prof Przybylski said: “We looked very hard for a ‘smoking gun’ linking technology and wellbeing and we didn’t find it.” He added: “The popular idea that the internet and mobile phones have a blanket negative effect on wellbeing and mental health is not likely to be accurate. “It is indeed possible that there are smaller and more important things going on, but any sweeping claims about the negative impact of the internet globally should be treated with a very high level of scepticism.” Looking at the results by age group and gender did not reveal any specific patterns among internet users, including women and young girls. Instead, the study, which looked at data for the past two decades, found that for the average country, life satisfaction increased more for females over the period. Data from the United Kingdom was included in the study, but the researchers say there was nothing distinctive about the UK compared with other countries. Although the study included a lot of information, the researchers say technology companies need to provide more data, if there is to be conclusive evidence of the impacts of internet use. They explain: “Research on the effects of internet technologies is stalled because the data most urgently needed are collected and held behind closed doors by technology companies and online platforms. “It is crucial to study, in more detail and with more transparency from all stakeholders, data on individual adoption of and engagement with internet-based technologies. “These data exist and are continuously analysed by global technology firms for marketing and product improvement but unfortunately are not accessible for independent research.” For the study, published in the Clinical Psychological Science journal, the researchers looked at data on wellbeing and mental health against a country’s internet users and mobile broadband subscriptions and use, to see if internet adoption predicted psychological wellbeing. In the second study they used data on rates of anxiety, depression and self-harm from 2000-2019 in some 200 countries. Wellbeing was assessed using data from face-to-face and phone surveys by local interviewers, and mental health was assessed using statistical estimates of depressive disorders, anxiety disorders and self-harm in some 200 countries from 2000 to 2019. Read More Young people the biggest users of generative AI, Ofcom study shows Software firm Cloudsmith announces £8.8m investment UK and South Korea issue warning over North Korea-linked cyber attacks Data protection watchdog warns websites over cookie consent alerts Employee data leaked during British Library cyber attack Half of adults who chat online with strangers do not check age – poll
2023-11-28 08:16
The Best Cyber Monday Deals To Shop Online for Kitchen Gadgets, Home Goods, and More
The Best Cyber Monday Deals To Shop Online for Kitchen Gadgets, Home Goods, and More
The best Cyber Monday deals happening at Wayfair, Walmart, and other leading retailers can help you save big on holiday gifts and more.
2023-11-28 06:51
A Brief History of Christmas Pudding, Britain’s Imperial Dessert
A Brief History of Christmas Pudding, Britain’s Imperial Dessert
Clearing the last of the Christmas dinner plates is a special moment. It means it’s time for the traditional dessert.
2023-11-28 06:17
US federal judge rules against Meta in privacy fight with FTC
US federal judge rules against Meta in privacy fight with FTC
WASHINGTON (Reuters) -Meta Platforms, which owns WhatsApp, Instagram and Facebook, lost the latest round of a court battle over privacy
2023-11-28 05:29
EA Sports FC 24 Radioactive Promo Leaked for Thunderstruck Follow-up
EA Sports FC 24 Radioactive Promo Leaked for Thunderstruck Follow-up
EA Sports FC 24's next promotion is apparently Radioactive according to community leaks. Here's what you need to know including a leaked card design, popular players that could be included, and a prospective release date.
2023-11-28 04:26
Investors Rethink Stock Bets Ahead of Sweeping New Carbon Laws
Investors Rethink Stock Bets Ahead of Sweeping New Carbon Laws
The price of carbon is going up. While no one knows exactly how high it will go or
2023-11-28 04:18
Fortnite Crew Pack December 2023 Offers This OG Remix Skin
Fortnite Crew Pack December 2023 Offers This OG Remix Skin
The Fortnite Crew Pack December 2023 offers the Skull Scout skin, an OG remix of the Recon Expert and Skull Trooper, available on Nov. 30, 2023, at 8 p.m. ET.
2023-11-28 03:56
Rivian launches leasing for R1T electric pickup truck in some US states
Rivian launches leasing for R1T electric pickup truck in some US states
Rivian Automotive on Monday announced the launch of leasing for its R1T electric pickup truck for customers in
2023-11-28 03:49
UK, US and other governments release rules to stop AI being hijacked by rogue actors
UK, US and other governments release rules to stop AI being hijacked by rogue actors
The UK, US and other governments have released plans they hope will stop artificial intelligence being hijacked by rogue actors. The major agreement – hailed as the first of its kind – represents an attempt to codify rules that will keep AI safe and ensure that systems are built to be secure by design. In a 20-page document unveiled Sunday, the 18 countries agreed that companies designing and using AI need to develop and deploy it in a way that keeps customers and the wider public safe from misuse. The agreement is non-binding and carries mostly general recommendations such as monitoring AI systems for abuse, protecting data from tampering and vetting software suppliers. Still, the director of the U.S. Cybersecurity and Infrastructure Security Agency, Jen Easterly, said it was important that so many countries put their names to the idea that AI systems needed to put safety first. “This is the first time that we have seen an affirmation that these capabilities should not just be about cool features and how quickly we can get them to market or how we can compete to drive down costs,” Easterly told Reuters, saying the guidelines represent “an agreement that the most important thing that needs to be done at the design phase is security.” The agreement is the latest in a series of initiatives - few of which carry teeth - by governments around the world to shape the development of AI, whose weight is increasingly being felt in industry and society at large. In addition to the United States and Britain, the 18 countries that signed on to the new guidelines include Germany, Italy, the Czech Republic, Estonia, Poland, Australia, Chile, Israel, Nigeria and Singapore. The framework deals with questions of how to keep AI technology from being hijacked by hackers and includes recommendations such as only releasing models after appropriate security testing. It does not tackle thorny questions around the appropriate uses of AI, or how the data that feeds these models is gathered. The rise of AI has fed a host of concerns, including the fear that it could be used to disrupt the democratic process, turbocharge fraud, or lead to dramatic job loss, among other harms. Europe is ahead of the United States on regulations around AI, with lawmakers there drafting AI rules. France, Germany and Italy also recently reached an agreement on how artificia lintelligence should be regulated that supports “mandatory self-regulation through codes of conduct” for so-called foundation models of AI, which are designed to produce a broad range of outputs. The Biden administration has been pressing lawmakers for AI regulation, but a polarized U.S. Congress has made little headway in passing effective regulation. The White House sought to reduce AI risks to consumers, workers, and minority groups while bolstering national security with a new executive order in October. Additional reporting by Reuters Read More Putin targets AI as latest battleground with West AI breakthrough could help us build solar panels out of ‘miracle material’ OpenAI co-founder Sam Altman ousted as CEO YouTube reveals bizarre AI music experiments AI-generated faces are starting to look more real than actual ones Children are making indecent images using AI image generators, experts warn
2023-11-28 02:56
More US shoppers tack on buy now, pay later debt for Cyber Monday
More US shoppers tack on buy now, pay later debt for Cyber Monday
By Arriana McLymore and Deborah Mary Sophia NEW YORK A record amount of price-pinched holiday shoppers are expected
2023-11-28 02:48
Why Fans Hope CM Punk Will be Added to WWE 2K23 Soon
Why Fans Hope CM Punk Will be Added to WWE 2K23 Soon
Here's why CM Punk might be getting added to WWE 2K23 sooner than many would think following his shocking return at Survivor Series: War Games.
2023-11-28 02:28
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