Compliance practitioners unconvinced of AI

A survey from the Compliance Institute has found that almost one fifth (18%) compliance experts in Ireland’s financial service organisations believe that the risks of AI outweigh the benefits of the technology. The poll of 175 compliance professionals working primarily in Irish financial services organisations nationwide on their attitudes towards AI. According to three in [&hellip
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Viatel acquires MJ Flood Technology

Viatel Technology Group, the leading digital services provider, today announced the acquisition of MJ Flood Technology, from the MJ Flood Group. Financial terms of the deal were not released. MJ Flood’s credentials include being named Microsoft’s modern work partner of the year and partner of the year for calling, meetings & devices for Microsoft Teams. [&hellip
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Bitcoin has a new toy: Runes

Bitcoin’s ‘halving’, ie the rate at which new digital token can be mined, has had a knock-on effect – the popularisation of ‘Runes’, a protocol that alows users to create and manage fungible tokens like cryptocurrencies. Runes recently became a new token standard on Bitcoin, already covering more than two-thirds of all transactions on the [&hellip
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Former Twitter boss to supply bitcoin mining chips

Block, Jack Dorsey’s payment company that formerly operated under the name Square, will provide special three-millimeter chips for mining Bitcoins. “Bitcoin mining is not for everyone”, the Twitter co-founder wrote when Block first explored this market in 2021. Vastly powerful computers must be used to surface the remaining bitcoins (of which there are only 21 [&hellip
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Beijing’s AI chip self-reliance push with local subsidies

In the wake of escalating trade tensions and the imposition of US export controls, Beijing’s strategic move to offer subsidies for domestic AI chip purchases is a clear signal of its commitment to the semiconductor industry, specifically in the realm of artificial intelligence (AI) computing. The Beijing Municipal Bureau of Economy and Information Technology’s decision [&hellip
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Cisco devices again targeted by state-linked threat campaign

Cisco is warning that state-linked hackers are engaged in an espionage-focused campaign, called ArcaneDoor, targeting perimeter network devices from Cisco and potentially other companies for malicious attacks dating back to late 2023.   The threat actor, which Cisco Talos identifies as UAT4356 and Microsoft tracks as Storm-1849, deployed malicious backdoors against a small group of customers [&hellip
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TikTok CEO defiant as Biden administration signs off on ‘sell or ban’ law

President Joe Biden has signed off on a law requiring Chinese parent company ByteDance to sell the US branch of TikTok to an American owner or face a total ban. This started a 270-day countdown to get a deal in place. CEO Shou Chew (pictured), meanwhile, revealed that TikTok has no intention of acquiescing to [&hellip
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Microsoft and Alphabet see profits grow due to increasing demand for AI

Quarterly reports for Microsoft and Google parent company Alphabet released this week showed decent growth for both companies, attributable mainly to the explosion of artificial intelligence (AI) and the storage it requires. With all the major tech companies now engaging with AI, we are in a race to see who can take the most advantage [&hellip
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Datapac launches Pathways Inclusion diversity initiative

Datapac, Ireland’s leading technology solutions and services provider, is today announcing the launch of Pathways Inclusion, an initiative which aims to expand access to technology careers through diversity and inclusion. With Pathways Inclusion, Datapac plans to widen the talent pool within the technology industry by targeting largely untapped talent groups. These include career-changers with transferrable [&hellip
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Desktop artificial intelligence is failing to woo consumers

A report published in January by analysts IDC predicted that so-called AI PCs will account for 60% of all PC shipments by 2027, with expectations of 167 million units being shifted that year alone. So what is an AI PC, then? Put simply, it is a PC designed to run AI technology locally rather than [&hellip
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