US biotechs receive more venture financing

The surge in funding for biologic innovator drugs is attributed to the enactment of IRA According to a recent report by GlobalData, biotechnology companies in the United States have secured significantly more venture financing for biologic innovator drugs compared to small molecule innovator drugs. The analysis reveals that from 2018…

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US to restrict Chinas access to US cloud services

This comes amidst an escalating dispute between China and the US over access to high-tech microchips According to the Wall Street Journal, the Biden administration is preparing to impose restrictions on Chinese companies’ access to US cloud computing services. The move is part of a broader effort to tighten controls…

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Emerson and Cavendish to accelerate hydrogen development

Emerson will contribute its extensive expertise in automation Emerson, a global technology and software leader, has announced a strategic collaboration with Cavendish Renewable Technology (CRT), an Australian start-up specializing in hydrogen technologies. The partnership aims to expedite the deployment of CRT’s innovative hydrogen production solutions by leveraging Emerson’s automation and…

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Controversy erupts in AI assistance for peer reviews

ARC_Tracker highlighted the use of AI in peer reviews In a startling revelation, allegations have emerged that some peer reviews of grant applications submitted to the Australian Research Council (ARC) may have been written with the assistance of artificial intelligence (AI). The use of AI in the review process has…

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Basis Technologies launches ActiveDiscover

Helping businesses optimize change management in SAP Basis Technologies, a software company specializing in SAP solutions, has announced the release of ActiveDiscover, a new addition to its product suite. ActiveDiscover is designed to provide actionable insights for businesses operating in the complex world of SAP, helping to improve accuracy, reduce…

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European IoT spending to reach $US227 billion

IoT-related spending will be driven by modules and sensors According to the Worldwide Internet of Things (IoT) Spending Guide published by International Data Corporation (IDC), European organizations are projected to invest approximately $US227 billion in IoT technology in 2023. The report suggests that IoT-related spending in Europe will continue to…

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Salesforce generative AI investments drive innovation

Global public cloud platform providers are rapidly entering the low-code market In the era of digital transformation, the demand for accelerated app development and intelligent automation has led innovative enterprises to explore the potential of emerging technologies. According to a report by GlobalData, a leading data and analytics company, Microsoft…

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Technology modernization jumps to top of agendas

Singapore and global CEOs look to embrace generative AI A comprehensive global study conducted by the IBM Institute for Business Value has unveiled that more than half of the CEOs surveyed in Singapore prioritize technology modernization as their top business concern. The study, titled “CEO decision-making in the age of…

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Persistent cybercriminal reliance on outdated tactics

Intruders also targeted servers with known vulnerabilities to obtain passwords Leading cloud-enabled security solutions provider, Barracuda, has released its latest Threat Spotlight report, revealing that cybercriminals continue to exploit businesses by relying on tried and tested tactics and long-standing security weaknesses. The report, based on three months’ worth of detection…

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