Silicon RepublicBusiness – Silicon Republic https://www.siliconrepublic.com Silicon Republic is a leading source for technology, science and start-up news, information and resources for people who are passionate about STEM. Mon, 12 Feb 2024 16:55:11 +0000 en-GB https://www.siliconrepublic.com/logosmall.png Silicon RepublicBusiness – Silicon Republic https://www.siliconrepublic.com hourly 1 Meta faces backlash for recommending less political content https://www.siliconrepublic.com/business/meta-instagram-threads-political-content-criticism-backlash https://www.siliconrepublic.com/business/meta-instagram-threads-political-content-criticism-backlash#respond Mon, 12 Feb 2024 09:36:43 +0000 https://www.siliconrepublic.com/?p=1066152 The company aims to reduce the amount of political content recommended to users, but some have noted that various topics overlap with politics.

Read more: Meta faces backlash for recommending less political content

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Irish-led Synlogic to cease operations after ending drug trial https://www.siliconrepublic.com/business/synlogic-pku-drug-trial-cease-operations-aoife-brennan https://www.siliconrepublic.com/business/synlogic-pku-drug-trial-cease-operations-aoife-brennan#respond Mon, 12 Feb 2024 08:23:48 +0000 https://www.siliconrepublic.com/?p=1066127 The company is cutting 90pc of its workforce after an internal review found that its PKU trial was 'unlikely to meet its primary endpoint'.

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Irishman Kevin O’Reilly appointed president of Beckman Coulter https://www.siliconrepublic.com/business/kevin-o-reilly-beckman-coulter-president-appointment-danaher https://www.siliconrepublic.com/business/kevin-o-reilly-beckman-coulter-president-appointment-danaher#respond Fri, 09 Feb 2024 13:47:12 +0000 https://www.siliconrepublic.com/?p=1066008 A former executive at Varian Medical Systems, O’Reilly is an electrical engineer by background and has more than 30 years' experience in the healthcare industry.

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Autodesk co-founder John Walker dies, aged 75 https://www.siliconrepublic.com/business/john-walker-autodesk-computer-aided-design https://www.siliconrepublic.com/business/john-walker-autodesk-computer-aided-design#respond Fri, 09 Feb 2024 09:02:36 +0000 https://www.siliconrepublic.com/?p=1065945 The esteemed computer programmer is remembered for his contributions to the software industry and the rise of the PC.

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Mitchell Baker steps down as Mozilla CEO to become chair https://www.siliconrepublic.com/business/mitchell-baker-ceo-mozilla-laura-chambers-firefox https://www.siliconrepublic.com/business/mitchell-baker-ceo-mozilla-laura-chambers-firefox#respond Fri, 09 Feb 2024 07:47:11 +0000 https://www.siliconrepublic.com/?p=1065922 Taking over from her is current board member Laura Chambers, who will now be CEO for the rest of the year.

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Disney acquires $1.5bn stake in Epic to bring Fortnite into the fold https://www.siliconrepublic.com/business/disney-epic-games-equity-stake-deal-fortnite-gaming-universe https://www.siliconrepublic.com/business/disney-epic-games-equity-stake-deal-fortnite-gaming-universe#respond Thu, 08 Feb 2024 08:56:04 +0000 https://www.siliconrepublic.com/?p=1065740 Last September, Epic CEO Tim Sweeney said the company was laying off 16pc of its workforce after spending ‘more money than we earn’ on Fortnite.

Read more: Disney acquires $1.5bn stake in Epic to bring Fortnite into the fold

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Jack Dorsey-backed Bluesky now open to all https://www.siliconrepublic.com/business/bluesky-open-to-public-jack-dorsey-decentralised-social-media-x-alternative https://www.siliconrepublic.com/business/bluesky-open-to-public-jack-dorsey-decentralised-social-media-x-alternative#respond Wed, 07 Feb 2024 08:49:14 +0000 https://www.siliconrepublic.com/?p=1065515 After months of being an invite-only platform, the X challenger app with more than 3m users is now open to everyone.

Read more: Jack Dorsey-backed Bluesky now open to all

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Snapchat parent snips 10pc of global workforce https://www.siliconrepublic.com/business/snap-snapchat-layoffs-job-cuts-earnings-revenue https://www.siliconrepublic.com/business/snap-snapchat-layoffs-job-cuts-earnings-revenue#respond Tue, 06 Feb 2024 08:44:52 +0000 https://www.siliconrepublic.com/?p=1065362 A statement from Snap says the job cuts will reduce hierarchy and promote in-person collaboration.

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Top tips for outsourcing software development https://www.siliconrepublic.com/business/top-tips-outsourcing-software-development-zartis https://www.siliconrepublic.com/business/top-tips-outsourcing-software-development-zartis#respond Mon, 05 Feb 2024 11:30:08 +0000 https://www.siliconrepublic.com/?p=1065212 Zartis engineer Phil Thomas explains how to avoid the pitfalls of outsourcing to boost your org’s productivity and innovation.

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Meta and Amazon ride the AI wave to a profit surge https://www.siliconrepublic.com/business/meta-amazon-earnings-2023-ai-layoffs https://www.siliconrepublic.com/business/meta-amazon-earnings-2023-ai-layoffs#respond Fri, 02 Feb 2024 09:29:05 +0000 https://www.siliconrepublic.com/?p=1065165 Both companies saw a significant boost to their earnings last year, as they focused on generative AI products and took steps to become leaner organisations.

Read more: Meta and Amazon ride the AI wave to a profit surge

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Apple posts record services sales ahead of Vision Pro launch https://www.siliconrepublic.com/business/apple-earnings-revenue-iphone-sales-china-vision-pro-launch https://www.siliconrepublic.com/business/apple-earnings-revenue-iphone-sales-china-vision-pro-launch#respond Fri, 02 Feb 2024 09:18:40 +0000 https://www.siliconrepublic.com/?p=1065151 But is was not all good news for the world’s biggest company, as sales in one of its key markets, China, dropped significantly in the latest fiscal quarter.

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5 key takeaways from US online child safety hearing https://www.siliconrepublic.com/business/big-tech-child-safety-us-hearing-exploitation-social-media https://www.siliconrepublic.com/business/big-tech-child-safety-us-hearing-exploitation-social-media#respond Thu, 01 Feb 2024 09:50:48 +0000 https://www.siliconrepublic.com/?p=1065006 Senators call for new laws to hold social media companies accountable, issued scathing criticisms to Big Tech CEOs and Zuckerberg was pushed to apologise to affected families.

Read more: 5 key takeaways from US online child safety hearing

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John Delves becomes UCD Professional Academy CEO https://www.siliconrepublic.com/business/john-delves-become-ucd-professional-academy-ceo https://www.siliconrepublic.com/business/john-delves-become-ucd-professional-academy-ceo#respond Wed, 31 Jan 2024 16:05:01 +0000 https://www.siliconrepublic.com/?p=1064910 Delves brings a wealth of commercial experience to the new role, as he held various leadership positions in Digicel for 10 years and was also the MD of Magnet Plus.

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Universal Music ticks off TikTok for ‘bullying’ in deal talks https://www.siliconrepublic.com/business/universal-music-tiktok-open-letter-music-deal-fair-pay-artists-ai-bullying https://www.siliconrepublic.com/business/universal-music-tiktok-open-letter-music-deal-fair-pay-artists-ai-bullying#respond Wed, 31 Jan 2024 09:32:11 +0000 https://www.siliconrepublic.com/?p=1064813 The biggest record label in the world has called out TikTok for attempting to ‘intimidate’ the group during recent talks to renew a music deal today.

Read more: Universal Music ticks off TikTok for ‘bullying’ in deal talks

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Microsoft and Alphabet earnings disappoint despite AI boom https://www.siliconrepublic.com/business/microsoft-alphabet-earnings-ai-cloud-stock https://www.siliconrepublic.com/business/microsoft-alphabet-earnings-ai-cloud-stock#respond Wed, 31 Jan 2024 09:22:22 +0000 https://www.siliconrepublic.com/?p=1064809 The two companies both saw a boost in overall revenue and their cloud businesses, but this wasn't enough to really impress investors.

Read more: Microsoft and Alphabet earnings disappoint despite AI boom

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PayPal layoffs to affect 9pc of global workforce https://www.siliconrepublic.com/business/paypal-layoffs-job-cuts-alex-chriss-ceo-revenue https://www.siliconrepublic.com/business/paypal-layoffs-job-cuts-alex-chriss-ceo-revenue#respond Wed, 31 Jan 2024 08:21:04 +0000 https://www.siliconrepublic.com/?p=1064786 Alex Chriss, who took over as CEO last September, said that the fintech giant needs to make some ‘difficult but necessary decisions to get us to where we need to go’.

Read more: PayPal layoffs to affect 9pc of global workforce

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SEC calls HyperFund a $1.7bn fraudulent pyramid scheme https://www.siliconrepublic.com/business/hyperfund-crypto-sec-charged-founders-fraud-pyramid-scheme https://www.siliconrepublic.com/business/hyperfund-crypto-sec-charged-founders-fraud-pyramid-scheme#respond Tue, 30 Jan 2024 11:04:06 +0000 https://www.siliconrepublic.com/?p=1064660 The two founders of HyperFund have been accused of guaranteeing high returns to investors, despite the fact the company had 'no real source of revenue'.

Read more: SEC calls HyperFund a $1.7bn fraudulent pyramid scheme

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Microsoft and Spotify criticise Apple’s proposed EU changes https://www.siliconrepublic.com/business/apple-dma-proposal-eu-microsoft-xbox-spotify-epic-criticisms https://www.siliconrepublic.com/business/apple-dma-proposal-eu-microsoft-xbox-spotify-epic-criticisms#respond Tue, 30 Jan 2024 09:29:09 +0000 https://www.siliconrepublic.com/?p=1064633 Apple's proposal to comply with the DMA is facing a range of criticisms, being called everything from a 'step in the wrong direction' to 'extortion'.

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Johanna Faries is the new Blizzard president following layoffs https://www.siliconrepublic.com/business/blizzard-president-johanna-faries-microsoft-layoffs https://www.siliconrepublic.com/business/blizzard-president-johanna-faries-microsoft-layoffs#respond Tue, 30 Jan 2024 09:00:06 +0000 https://www.siliconrepublic.com/?p=1064622 Faries takes over from Mike Ybarra, who announced he was stepping down on the same day Microsoft’s layoffs were reported last week.

Read more: Johanna Faries is the new Blizzard president following layoffs

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Amazon rows back on planned purchase of iRobot https://www.siliconrepublic.com/business/amazon-irobot-acquisition-terminated https://www.siliconrepublic.com/business/amazon-irobot-acquisition-terminated#respond Mon, 29 Jan 2024 14:17:52 +0000 https://www.siliconrepublic.com/?p=1064560 Amazon's general counsel and SVP blamed regulators for the deal's failure. He branded competition rules as 'undue and disproportionate'.

Read more: Amazon rows back on planned purchase of iRobot

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