Here is IT Digest’s weekly roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In Hardware and Network news this week…
Lg’s latest superslim laptop brings sleek style and upgraded performance
LG Electronics USA (LG) is expanding its thinnest and lightest lineup of laptops with the LG gram SuperSlim in a crisp white colorway. The 2024 LG gram SuperSlim (15Z90ST-G.AAW4U1) stands out with an upgraded processor and sleek profile. Customers can now purchase the new LG gram SuperSlim for $799, a $600 savings from its retail price of $1399. Designed with ultra-portability in mind, the new 15.6-inch white model measures just .49-inches and weighs a scant 2.18lbs.
Cognigy Selected as Winner for Artificial Intelligence Innovation in 2024 AI Breakthrough Awards Program
Cognigy, a global leader in AI-powered customer service solutions, announced that it has been selected as the winner of the “Best Natural Language Understanding Solution” award for the second consecutive year in the annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market.
In Computer Science news this week…
Danish start-up Kvantify secures EUR 10 million seed round to unlock quantum computing potential, starting with life sciences
Kvantify, a leading quantum software start-up, has announced the successful closure of a EUR 10 million seed round. This funding will enable Kvantify to strengthen its position as a global leader in quantum computing, with an initial focus on developing applications for the life science sector. The investment will accelerate the development of Kvantify’s innovative solutions that aim to leverage quantum computing to address complex problems in drug discovery and beyond. It will also boost the further development of quantum algorithms for chemical simulation, expanding their applicability across various industries.
In FinTech news this week….
Greenway Health provides essential tools for patient payments with Greenway Health Pay (SM) powered by InstaMed creating convenient, simple, and timely patient collections
Greenway Health, a leading health information technology and services provider, announced the launch of Greenway Health Pay powered by InstaMed, giving practices and patients tools to simplify the patient payment process, provide clear cost information up-front, and experience frictionless patient payment options. The Greenway Health Pay offering provides a secure, HIPAA, and PCI compliant solution to practices and patients.
Beacon Therapeutics Raises $170 Million in Series B Funding to Advance Development of Ophthalmic Gene Therapies
Forbion led the financing, which included existing investors Syncona Limited, Oxford Science Enterprises and the University of Oxford, as well as initial investments from TCGX and Advent Life Sciences. The funds will be used to support the continued clinical development of Beacon’s lead asset, AGTC-501 for X-Linked Retinitis Pigmentosa (XLRP) and generate Phase 1/2 clinical trial data for the Company’s Dry Age-related Macular Degeneration (dAMD) program.
In Information and Communications news this week…
Article of the Week
Integrating security practices early in the software development lifecycle is essential, especially in light of recent events like Twilio’s Authy App security breach, which exposed millions of phone numbers. This underscores the critical need for robust security measures to safeguard applications from cyber threats. This brings us to our topic: the DevSecOps pipeline. DevSecOps is short for development, security, and operations, which is a methodology that incorporates security procedures at every stage of the software development process. From the statistic above, we know that it’s important. Now let’s understand how you can build one, its benefits, challenges, and more.