Tag: remains

Progress makes layoffs at Chef after $220M acquisition, says it remains committed to roadmap

By iwano@_84

Progress CEO Yogesh Gupta

Business application platform Progress is making an unspecified number of job cuts at Chef after completing its previously announced $220 million acquisition of the Seattle-based enterprise automation technology company this week.

People impacted by the cuts include a portion of Chef’s engineering team, including employees in Seattle and other locations, prompting former colleagues and others in the developer community to rally around them on the #cheffriends hashtag on Twitter.

In an interview with GeekWire this week, Progress CEO Yogesh Gupta said the 40-year-old Boston-area company remains committed to Chef’s product roadmap, open-source projects and business customers, calling Chef a strong cultural match for Progress and “a perfect fit from an overall strategy perspective.”

“We continue to see tremendous potential moving forward with the folks from Chef that have come on board, and the Progress team working together,” he said.

Gupta said Chef’s strengths in enterprise automation

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Air Street Capital: AI industry remains strong despite academic brain drain, tech nationalization

By iwano@_84

London-based venture capital firm Air Street Capital today published the State of AI Report 2020, its third annual survey canvassing research, talent, industrial, and political trends in the field of AI. Coauthored by University College London visiting professor Ian Hogarth and AI investor Nathan Benaich, the report aims to highlight technological breakthroughs and areas of commercial application for AI as well as the regulation of AI, its economic implications, and emerging geopolitical issues.

Among other findings, this year’s report implies AI remains mostly closed source, harming accountability and reproducibility, while corporate-driven academic “brain drain” appears to be impacting entrepreneurship. Self-driving cars are in the Precambrian stages. And political leaders are beginning to question whether acquisitions of AI startups should be scrutinized or outright blocked.

AI research

According to Air Street Capital’s report, only 15% of AI research papers publish their code, and there’s been little improvement on the metric since

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Cybersecurity Remains an Investment Priority Despite Overall IT Budget Cuts, Kaspersky Found

By iwano@_84

According to a new Kaspersky report ‘Investment adjustment: aligning IT budgets with changing security priorities,’ cybersecurity remains a priority for investment among businesses. Its share of IT spending has grown from 23% in 2019 to 26% in 2020 for SMBs, and from 26% to 29% for enterprises. 71% of organizations also expect their cybersecurity budget will increase in the next three years, despite overall IT budgets decreasing in both segments amid the COVID-19 pandemic.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200930005611/en/

Chart 1: IT security budget as a share of overall IT budget (Graphic: Business Wire)

External conditions and events can influence IT priorities for businesses. As a result of the COVID-19 pandemic, organizations have been forced to adjust plans to meet changing business needs. The report, based on a survey of more than 5,000 IT and cybersecurity practitioners, observes recent IT security economics trends and

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Chinese Americans look to new platforms as WeChat’s future remains uncertain

By iwano@_84

Back in April, when New York City was in the grips of COVID-19, Yuan Mingyue relied on WeChat to keep in touch with relatives in China, to check on their health and to share how things were in New York.

The social media app’s video call function, similar to FaceTime, proved especially useful as a lifeline for Yuan, who came to the United States 10 years ago and lives in Queens, once America’s center for Covid-19.

While FaceTime works for Apple customers, not everyone in China owns an iPhone or another Apple device.

So when President Donald Trump’s WeChat ban was to take effect Sunday — even as a federal judge temporarily put the brakes on his order — Yuan began the dizzying task, like so many other Chinese Americans, of figuring out workarounds.

“We can use other Chinese platforms, like Sina Weibo or QQ, or otherwise just make a

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