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IT Industry stories

Ant Group posts record USD $5.17 billion R&D spend
Fintech

Ant Group posts record USD $5.17 billion R&D spend

The record outlay underscores the group's push into AI, health and payments as emissions fell and carbon neutrality continued for a fifth year.

By Joseph Gabriel Lagonsin • 4 min read • 5 days ago
North Korea IT fraud cell flooded US firms with 167,000 bids
Virtual Private Networks

North Korea IT fraud cell flooded US firms with 167,000 bids

Remote hiring teams face a wider security risk after researchers found North Korean operatives won 76 offers from 166,893 US job applications.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Senior developers doubt juniors' AI coding readiness
Generative AI

Senior developers doubt juniors' AI coding readiness

A global survey suggests many junior coders can use AI tools but still struggle to explain their output, worrying employers about future readiness.

By Sofiah Nichole Salivio • 4 min read • Last week
One in three workers eye industry exit over AI fears
Digital Transformation

One in three workers eye industry exit over AI fears

AI anxiety is pushing a third of knowledge workers to consider quitting their industry, raising turnover risks for employers.

By Sofiah Nichole Salivio • 4 min read • Last week
S2GRUPO joins EU cyber reserve for Ireland response
Security Operations Centres

S2GRUPO joins EU cyber reserve for Ireland response

Irish operators gain another external cyber backstop as S2GRUPO joins the EU reserve, with rapid deployment possible during major incidents.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Hancock takes stake in SpaceX IPO as Rinehart backs Musk
Semiconductors

Hancock takes stake in SpaceX IPO as Rinehart backs Musk

The mining group's move broadens its portfolio beyond resources and gives it exposure to a closely watched US technology listing.

By Sofiah Nichole Salivio • 5 min read • Last week
LevelFive launches with fixed-price AI software model
Digital Transformation

LevelFive launches with fixed-price AI software model

Mid-market buyers could get software in eight to 12 weeks as the Newcastle studio bets AI will make fixed-fee delivery viable.

By Sean Mitchell • 4 min read • Last week
UK businesses warned over rising generative AI costs
Software-as-a-Service

UK businesses warned over rising generative AI costs

Cost pressures are emerging as UK and Irish firms move generative AI from pilots to production, with 41% calling model spend prohibitive.

By Mark Tarre • 5 min read • Last week

Stories from Other Regions

IT Industry stories

Axiologik hires two principals as AI demand surges
Digital Transformation

Axiologik hires two principals as AI demand surges

The Leeds consultancy is adding 15 AI roles as clients grapple with data and governance hurdles that keep pilots from reaching production.

By Sean Mitchell • 3 min read • 5 days ago
Professor Cori Stewart wins AI leadership scholarship
Robotics

Professor Cori Stewart wins AI leadership scholarship

The award will send the ARM Hub founder to Stanford, bolstering efforts to push AI into Australian manufacturing and policy.

By Joseph Gabriel Lagonsin • 3 min read • Last week
UK tech firms urged to seize Japan investment deal
Semiconductors

UK tech firms urged to seize Japan investment deal

Britain's tech groups could tap fresh funding and customers as Japan seeks overseas partners in semiconductors, AI and clean energy.

By Sean Mitchell • 5 min read • Last week
UK business travellers embrace shadow AI for trips
Customer Relationship Management

UK business travellers embrace shadow AI for trips

Unapproved AI use is widening a security and compliance gap, with 75% of UK business travellers saying they would use shadow tools for work trips.

By Sean Mitchell • 4 min read • Last week
FinTech North marks 10 years with Leeds conference
Fintech

FinTech North marks 10 years with Leeds conference

The North's fintech sector now employs 20,000 people directly, as FinTech North returns to Leeds to mark its 10th anniversary.

By Karen Joy Bacudo • 3 min read • Last week
British Business Bank backs FPE Capital with £40 million
IT Industry

British Business Bank backs FPE Capital with £40 million

The commitment aims to ease a funding gap for UK scale-ups that have outgrown early-stage backing but remain too small for bigger investors.

By Karen Joy Bacudo • 4 min read • Last week
Myriad360 duo named to CRN's Next-Gen leaders list
Privileged Access Management

Myriad360 duo named to CRN's Next-Gen leaders list

The recognition underscores growing demand for cyber advisers who can tie technical decisions to business risk as threats and cloud use intensify.

By Sofiah Nichole Salivio • 3 min read • Last week
e2e-assure launches sovereign AI security platform
Security Information and Event Management

e2e-assure launches sovereign AI security platform

It aims to help critical infrastructure operators keep sensitive security data and AI models inside UK-controlled systems during cyber incidents.

By Sofiah Nichole Salivio • 4 min read • Last week
Colter Bay blames lending bias for Australia's slump
Digital Transformation

Colter Bay blames lending bias for Australia's slump

Weak lending to software and other asset-light firms is, Colter Bay says, dragging on productivity as Australia's credit flows into property.

By Karen Joy Bacudo • 4 min read • Last week
AWS data centre to use recycled water in Melbourne
Data centers

AWS data centre to use recycled water in Melbourne

The deal could save millions of litres of drinking water a year as growing data-centre demand strains supplies in western Melbourne.

By Sean Mitchell • 5 min read • Last week