Unity’s EBITDA surges despite revenue decline

Unity has posted a 2% dip in revenue for the second quarter of 2024, reaching £358 million, down from £366 million in the previous quarter. Despite this slight decrease, the mobile game engine and infrastructure platform exceeded both its own guidance and analyst expectations.

Unity reported a net loss of £100 million for Q2, a significant reduction compared to the £232 million loss incurred in Q1. Restructuring and reorganisation costs were identified as the primary driver...

9 August 2024 | Development Tools

Veracode unveils tools to combat growing security debt

To help organisations tackle mounting security debt and an expanding attack surface, Veracode has announced two new platform innovations.

Veracode has introduced Universal Connector and Application Security Heatmap, both powered by Longbow, to enable businesses to quickly identify and prioritise security risks across their applications.

These new capabilities come at a critical time, as organisations struggle to manage an overwhelming volume of security alerts and the...

1 August 2024 | Hacking & Security

Mandrake spyware variant evades Google Play security for two years

Kaspersky researchers have uncovered a new version of the notorious Mandrake spyware, revealing advanced obfuscation techniques that allowed it to bypass Google Play's security checks and remain undetected for two years.

First identified in 2020, Mandrake has been an active Android espionage platform since at least 2016. The latest variant, detected in April 2024, showcases enhanced functionality and evasion capabilities that have raised concerns among cybersecurity...

31 July 2024 | Android

Hugging Face partners with NVIDIA to democratise AI inference

Hugging Face has joined forces with NVIDIA to bring inference-as-a-service capabilities to one of the world's largest AI communities. This collaboration, announced at the SIGGRAPH conference, will provide Hugging Face's four million developers with streamlined access to NVIDIA-accelerated inference on popular AI models.

The new service enables developers to swiftly deploy leading large language models, including the Llama 3 family and Mistral AI models, with optimisation from...

30 July 2024 | Artificial Intelligence

Bitwise will donate 10% of Ethereum ETF profits to developers

Bitwise Asset Management has announced the launch of its Bitwise Ethereum ETF (ticker: ETHW) on the New York Stock Exchange, marking a milestone in the US Web3 market. The spot Ethereum fund aims to provide investors with direct exposure to the second-largest Web3 ecosystem by market capitalisation.

To support the Ethereum ecosystem, Bitwise has pledged to donate 10% of all ETHW profits to two key organisations: Protocol Guild and PBS Foundation. These entities play crucial roles...

23 July 2024 | Blockchain

Judge dismisses majority of GitHub Copilot copyright claims

A judge has dismissed the majority of claims in a copyright lawsuit filed by developers against GitHub, Microsoft, and OpenAI.

The lawsuit was initiated by a group of developers in 2022 and originally made 22 claims against the companies, alleging copyright violations related to the AI-powered GitHub Copilot coding assistant.

Judge Jon Tigar's ruling, unsealed last week, leaves only two claims standing: one accusing the companies of an open-source license violation and...

10 July 2024 | Artificial Intelligence

Sam Altman’s blockchain project ‘World Chain’ opens to developers

OpenAI CEO Sam Altman's Worldcoin project has launched a developer preview of World Chain, a new blockchain that claims to prioritise humans and scale with the growth of the Worldcoin ecosystem. 

World Chain – built on the OP Stack and integrated with the Worldcoin protocol – aims to provide developers with access to over 10 million users across 160 countries who are using compatible wallets, starting with the World App.

With the developer preview, the Worldcoin...

9 July 2024 | Blockchain

Dapp industry reached new heights in Q2 2024

The Web3 ecosystem has witnessed a resurgence in Q2 2024, with the NFT sector in particular experiencing its strongest performance since Q1 2023.

According to a DappRadar report, the dapp industry has seen a 40% increase in usage compared to the previous quarter, reaching an impressive 10 million daily Unique Active Wallets (UAW).

For software developers working in the blockchain space, this growth presents both opportunities and challenges. The social sector emerged as...

5 July 2024 | Blockchain

Critical OpenSSH vulnerability threatens millions of Linux systems

A severe vulnerability in OpenSSH's server (sshd) has been uncovered by Qualys’ Threat Research Unit (TRU), potentially affecting over 14 million Linux systems worldwide. The flaw, designated as CVE-2024-6387, allows for remote unauthenticated code execution (RCE) with root privileges on glibc-based Linux systems.

This vulnerability, stemming from a signal handler race condition, impacts sshd in its default configuration. Qualys researchers have identified approximately 700,000...

1 July 2024 | Developer

Google unleashes 2M token context and code execution for Gemini developers

Google has announced a series of updates to its Gemini AI platform, offering developers enhanced capabilities and access to more powerful tools. The tech giant is opening up the two million token context window for Gemini 1.5 Pro to all developers, introducing code execution features, and adding Gemma 2 to Google AI Studio.

The two million token context window, previously behind a waitlist, is now available to all developers using Gemini 1.5 Pro. This extensive context window...

27 June 2024 | Artificial Intelligence