Meta tightens purse strings as it spends on Reality Labs

Meta CEO Mark Zuckerberg has admitted that the company faces “near-term challenges on revenue”, which means it will drive up efficiency during 2023.  For the three months ending 30 September, Meta – the parent company of Facebook – reported a 4% drop in revenue. Net income was $ 4.5bn, 52% less than it posted […]

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ICO warns against using biometrics for ‘emotional analysis’

The Information Commissioner’s Office (ICO) is warning organisations against using biometric technologies to conduct emotion analysis, which it has described as “immature” and “pseudo-scientific”. Emotion analysis technologies are often powered by artificial intelligence (AI) algorithms and rely a wide range of personal and biometric data to perform their purported functions, including information about gaze […]

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Google commits to cloud and AI

Alphabet has reported revenue of $68bn for its third quarter of 2022, a 6% increase over last year. The company’s results were impacted by fluctuating currencies, and Alphabet said it would be working to realign resources to fuel its highest growth priorities. Google Cloud Platform reported revenue growth of $6.9bn. “The long-term trends that […]

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Reported Horizon errors should have been ‘show-stopper’, public inquiry told

Problems reported with the Post Office’s Horizon IT system before its roll-out should have been regarded as a “show-stopper”, according to a senior executive involved in the roll-out of the controversial system. The Post Office should have stopped the roll-out of Horizon until reported problems were fixed, and given subpostmasters having trouble balancing their […]

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The Conservatives are laughing at cyber security pros

If causing a cyber security breach is a matter over which one should resign, then to be able to waltz back into the same job barely seven days later is utterly unacceptable, and yet this is exactly what our erstwhile, and now current, home secretary Suella Braverman has done. On Wednesday 19 October, the […]

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Cuba ransomware cartel spoofs Ukraine armed forces

Ukraine’s governmental Computer Emergency Response Team (CERT UA) issued a warning earlier this week of an apparent Cuba ransomware campaign that is spoofing the press office of the General Staff of the Armed Forces of Ukraine in its phishing lures. The malicious emails contain links to a third-party web resource to download a file, […]

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Finnish researchers lay the groundwork for flying drones

A new aerospace research and development (R&D) centre called Lift is the latest in a series of collaborative efforts to help develop drone technology – and a drone industry – in Finland. The project involves a community of experts, and one of the founding members is VTT Technical Research Centre of Finland.   Owned by […]

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Troubled public sector cloud provider hit with winding up order

Public sector-focused sovereign cloud provider UKCloud has been placed into liquidation more than a year after its accounts revealed that the firm was in need of a £30m funding injection to continue trading. Winding-up orders for UKCloud and its parent company, Virtual Infrastructure Group, were issued on Tuesday 25 October 2022, and Gareth Jonathan […]

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revenue up 15%, Ukraine war impact €250m

SAP has announced its third-quarter 2022 financial results, which show a 15% increase in revenue to €7.841bn year on year, with cloud revenue up by 38% to €3.288bn, 42% of the total. The supplier’s Q1 cloud, as opposed to on-premise, revenue percentage was 40% and in Q2 it was 41%. SAP CEO Christian Klein […]

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Apple patches new iPhone zero-day

Apple has released a series of security updates to its iOS 16.1 and iPadOS 16 mobile operating systems (OSes), targeting 20 newly discovered vulnerabilities, including one actively exploited zero-day. Tracked as CVE-2022-42827, and credited to an anonymous researcher, the vulnerability affects iPhone 8 and later, all models of iPad Pro, iPad Air 3rd generation […]

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