Author: bibhuti

A new report from The Open University reveals the scale of Northern Ireland’s NEET challenge – and the opportunity for local employers to act:55% of Northern Ireland employers are experiencing a skills shortage – and nearly half expect it to get worse (45%)39% of employers in Northern Ireland have hired fewer staff in the past year and one in five have hired fewer entry level roles59% of Northern Ireland employers say young people are not ready for work, yet four in five say they are willing to train young people entering the workforceOnly one in four Northern Ireland employers have…

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There aren’t many success stories to refer to when it comes to AI hardware. Plaud, which makes AI-powered notetakers, is trying to become one by targeting professionals who take a lot of meetings. The company said it has sold more than 2 million of its devices, including Plaud Pins and credit-card-styled gadgets that stick on the back of the phone. It also said that its subscription business has reached more than $100 million in annualized revenue run rate. Plaud pointed out that many AI companies often rely on digital documents and prompts typed from memories. Its argument is that its…

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African payments infrastructure company Flutterwave announced Tuesday a Series E round that values the company at $3.2 billion. This round, notably, includes an equity investment from payments blockchain company Ripple. The company did not reveal the size of this round, although Flutterwave says it has now raised more than $500 million in funding to date. Ripple’s stake is part of a plan to help both companies expand financial services on the African continent. Cross-border payments, the industry in which Flutterwave primarily operates, remain challenging in Africa due to fragmented banking systems, strict foreign exchange policies, currency volatility, and the routing…

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[LAGOS, SciDev.Net] Frontline healthworkers trying to prevent the spread of Ebola in the Democratic Republic of Congo (DRC) are facing anger from local communities after years of neglect through multiple health crises, health officials warn. Speaking at an international media briefing organised by the Global Virus Network on Wednesday (10 June), experts described community anger and the breakdown of trust as among the biggest obstacles to containing the outbreak. As of 11 June, the DRC had recorded 635 confirmed cases and 127 deaths, according to DRC’s Ministry of Health. Meanwhile, the country is still grappling with multiple other health threats, including…

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Illinois is going ahead with a 0.2% “privilege tax” on crypto transactions involving its residents under a new $55.9 billion state budget bill signed Tuesday.Governor JB Pritzker signed the measure despite opposition from crypto industry groups over the provision, a transaction tax that applies to all digital asset transactions on any registered platform under broadly termed “digital asset business activity.”“This will create an unprecedented tax regime that disproportionately burdens Illinois residents for simply using digital assets and will drive innovation and builders out of the state,” the Crypto Council for Innovation said, as it urged a “line-item veto” of Article…

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Getting cited by AI is easier than earning consumers’ trust, according to a new report from WordPress VIP, the Automattic-owned company that offers an enterprise version of the WordPress publishing platform. As brands race to have their links appear in AI search results, consumers have grown more skeptical about whether they can actually trust the answers they’re getting. Per the report, 60% of consumers in the U.S. say that brands that use “AI” in their messaging are a turnoff, and 86% don’t fully trust AI and still want to explore original sources. Notably, 42% of consumers said that AI-generated answers…

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A large police presence was noticeable on Chapel Road in Worthing last night, on June 15. Police received multiple reports of “incidents involving young people,” including a report that a group of teenagers had caused damage to a Best One convenience shop on Chapel Road. Police said the shop’s windows were smashed. Police later found a group of 12 teenagers shouting at staff at Capital Clouds, also on Chapel Road. A 15-year-old boy was arrested on suspicion of theft from a shop, common assault, and criminal damage to property. A 16-year-old boy was arrested on suspicion of theft from a…

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An auto factory worker can remember the storage bin where she left a partly assembled component the night before, and quickly return to that spot to pick it up. But robots that may work side-by-side with her would struggle to develop and access this same type of “spatiotemporal” memory.Now, MIT researchers have developed a long-term memory framework that allows robots to rapidly form and recall a detailed mental model of complicated, large-scale environments.In the future, this advance could allow the factory worker to send a robotic assistant to fetch the item, simply by asking it to “go and grab the…

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A new type of AI fraud could cost restaurant businesses dearly, as fraudsters increasingly use generative AI tools to fabricate complaints, manipulate evidence, and pressure operators into issuing refunds and compensation.Known simply as “AI food fraud”, the issue was highlighted in a recent report by Food Alert, which shows how fake images of rotten or contaminated food are being used alongside AI-written complaint emails to create convincing but entirely fabricated claims.The result is a growing challenge for hospitality businesses already operating under tight margins and higher customer service expectations, and the lack of legislation in the UK risks even more…

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