TECHNOLOGY

News in English

Venture Investment in Eastern Europe in 2023
The “Venture in Eastern Europe Report” examined the performance of all 19 Eastern European countries that completed venture deals in 2023. Accordingly, Eastern Europe saw a 57% drop in investment volume from €4.3 billion to €1.9 billion. A look at the bigger picture, however, suggests that 2023 corrected an overinflated market.
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Read more at Visegrad Insight
The Role of Immersive Technologies in Empowering Women in STEM
Virtual Reality (VR), Augmented Reality (AR) and Artificial Intelligence (AI) emerge as powerful tools in crafting solutions that support and empower women entering the STEM workforce. In STEM fields, where women are already in the minority, these challenges are compounded by the isolation and lack of mentorship opportunities. The path to gender equality in STEM is complex, necessitating a multi-faceted approach.
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Read more at Spiceworks News and Insights
The US is urging the Netherlands, Germany, South Korea and Japan to Tighten China’s Export Controls
The Biden administration’s latest push is aimed at plugging holes in export controls it’s levied over the past two years. The US is urging the Netherlands to stop ASML Holding NV from servicing and repairing chipmaking equipment. Japan is home to several leaders in photoresist, including Shin-Etsu Chemical Co. On Thursday, Tokyo Ohka Kogyo dropped the most in almost five months.
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Read more at Yahoo Finance
SMA Solar Technology's Earnings Growth
SMA Solar Technology's (ETR:S92) stock is up by a considerable 21% over the past month. This is a key measure used to assess how efficiently a company is utilizing its capital. Simply put, it is used to evaluate the profitability of a firm in relation to its equity capital. For every €1 worth of equity, the company was able to earn €0.35 in profit.
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Read more at Yahoo Finance
Audio Enhancement Systems in Schools
A company has been repurposing a common classroom item to alert law enforcement. The technology is already in every Nashville public high school, and now the district wants to put the tool in middle schools as well. In a statement, the CEO of Audio Enhancement likes to say his company has figured out a way to “tweak” the calculations.
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Read more at WKRN News 2
China's Xinhua Policy: A New Approach to Technology in China
China's government directive expands a drive that is muscling U.S. technology out of the country. It requires state-owned companies in finance, energy and other sectors to replace foreign software in their IT systems by 2027. China’s central government plans to increase its spending on science and technology by 10% to about $51 billion this year, according to a budget report released on Tuesday.
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Read more at Mint
Putting Humans First in AI Development: Key Considerations for Creating AI for Smart Devices
Honor is championing a “human-centric” approach — ensuring that all technological developments are created with the end user in mind. Honor’s expertise in on-device AI is enabled through its new operating system MagicOS 8.0. The Cloud AI allows for general-purpose applications of generative AI, completing functions such as simple question and answer services.
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Read more at The Business of Fashion
Tech Layoffs in the New Year
TechCrunch Announced on February 26 that it will lay off about 10% of its workforce, or about 4% of its total workforce. Google Is reportedly laying off about 5% of its global workforce, affecting about 170 employees. Amazon Is cutting about 20% of its staff, or 5% in the next few weeks. Facebook Announces on February 23 that it has laid off a third round of layoffs this year. The company announced that it is letting go of about 6% of
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Read more at TechCrunch
SK Hynix Invests More Than $1 Billion in Advanced Chip Packaging
SK Hynix Inc. is investing more than $1 billion in South Korea this year. Lee Kang-Wook, a former Samsung Electronics Co. engineer, heads up packaging development. He specializes in advanced ways of combining and connecting semiconductors.
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Read more at Yahoo Finance
Chinese Software Engineer Charged With Taking Trade Secrets From Google
Linwei Ding, 38, a Chinese national and resident of Newark, California, was hired by Google in 2019. He faces up to 10 years in prison and $250,000 in fines on each count if convicted. Mr Ding allegedly transferred sensitive information from Google’s network to his personal email and cloud accounts while secretly affiliating himself with two China-based companies working in the AI industry.
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Read more at The National