Start-ups

Dublin infosec start-up founded by BT Young Scientist winner bags $3.2m

Led by 19-year-old Shane Curran, privacy infrastructure developer Evervault has just secured major funding led by Sequoia Capital. In 2017, Dubliner Shane Curran was named winner of the BT Young Scientist and Technology Exhibition (BTYSTE). Now, at the age of 19, the company he founded earlier this year has secured $3.2m in seed funding. Evervault, …

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Digital hub in every county could be worth €312m, report claims

A new report commissioned by Vodafone Ireland has said that a digital hub in every county could create thousands of jobs and generate €312m. Following on from the launch of a number of regional digital hubs in Ireland such as at Ludgate in Skibbereen and Creative Spark in Dundalk, a report authored by economist Jim …

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Wall Street Deflates America’s Favorite Start-Ups

“Investors are buying the future, so help them pencil out the future,” said Rett Wallace, whose firm, Triton Research, analyzes tech companies that are going public. “You can do that with Pinterest. You can’t do that with WeWork. You can’t do that with Uber or Lyft either.” Charles Kantor, a senior portfolio manager at Neuberger …

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Steph Locke on building a solid foundation in data science at Talent Garden

We spoke to Steph Locke, one of the most influential data scientists on the planet, about how much background is needed to build a solid foundation in data science and how to future-proof those skills. Steph Locke is something of a game-changer in the data science industry. She is one of just three individuals in …

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Inside Airbnb, Employees Eager for Big Payouts Pushed It to Go Public

SAN FRANCISCO — Last summer, several Airbnb employees wrote a letter to the online room-rental start-up’s founders. On behalf of more than a dozen employees, they pleaded to be able to sell their Airbnb stock options. Because Airbnb is privately held, its shares cannot be easily traded or cashed in. So the employees also asked …

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KeepAppy, Hope and 2030 Leaders to represent Ireland at Enactus World Cup

The three social enterprises focus on the areas of mental health, homelessness and societal inequality. Today (13 September), it was announced that Irish wellbeing start-up KeepAppy will represent Ireland at the Enactus World Cup, alongside 2030 Leaders – a project to empower disadvantaged youths – and Hope, which was set up to help homeless people develop skills and …

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The Week in Tech: Silicon Valley’s Alternate Reality

Each week, we review the week’s news, offering analysis about the most important developments in the tech industry. Greetings from the alternate reality we call Silicon Valley. I’m Nicole Perlroth. Here’s a look at the week’s tech news: Uber’s very bad, horrible, no good day Arguably, the biggest news to come out of the Apple …

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Syte’s AI-powered image recognition tech raises $21.5m to fund expansion

Syte has developed image recognition technology to help retailers stay competitive in the ‘fast-evolving’ e-commerce industry. On Monday (9 September), Tel Aviv-based Syte announced that it has raised $21.5m in its Series B funding round. The start-up, which has raised more than $30m to date, said the round was led by Viola Ventures, with investment from Storm …

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Want to Do Business in Silicon Valley? Better Act Nice

The first rule of Silicon Valley venture capital is never insult a start-up. Founders are always killing it, disrupting the world or just plain 🙌🙌🙌. If a start-up is fizzling, shuttering or caught scamming? The socially acceptable response is total silence. Everyone knows that. Except Jason Palmer. The start-up in question was AltSchool, a Mark …

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Italian media brand Freeda raises $16m for UK expansion

Italian media company Freeda has plans to ramp up operations in English-speaking countries. Milan-based media brand Freeda has raised $16m in Series B funding. The round was led by Alven, with participation from investor club U-Start. Endeavor Catalyst and UniCredit were also new investors in the company. Freeda is an Italian media brand. It was …

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How Uber Got Lost – The New York Times

‘I don’t want the F.T.C. calling me’ Ethics were not a hallmark of Uber’s first decade. Once, in a meeting with staff, Mr. Kalanick was presented with a delicious new secret weapon by a handful of engineers on “workation.” (A workation was an unofficial Uber tradition: Instead of taking time off to relax, employees would …

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