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The economy remains on shaky ground in Europe, but there is some silver lining for enterprise startups: those building tools to help businesses run their finances in more steady and predictable ways are seeing a boost to their business. In the latest development, AccountsIQ, a Dublin-founded accounting technology company that has been in business, and mostly bootstrapped, for nearly 20 years, has raised €60 million ($65 million) in funding to seize an opportunity to build “the finance function of the future” for mid-sized companies: cloud-based, automated services boosted by AI to help accounting departments work faster and more intelligently. AccountsIQ…
SAN FRANCISCO — Tesla shareholders re-approved Elon Musk’s 2018 pay package by a wide margin, Musk posted on X Wednesday night, appearing to resolve a question that has loomed over his future with the company.A Delaware judge invalidated the package, worth as much as $56 billion, earlier this year, arguing that the process that led to the deal had been unfair. As part of the deal, Musk was granted stock options as Tesla hit certain valuation milestones, accumulating massive amounts of shares that led to a record pay deal and played a hand in making Musk the richest person in…
The fight over Elon Musk’s pay package and the vote over whether to move Tesla’s headquarters to Texas have been the main focus of attention ahead of the company’s shareholders meeting on Thursday, but not for investors from Nordic countries.Tesla’s major shareholders in Sweden, Denmark and Norway are instead looking to the meeting to bring the issue of labor rights at the automaker to the fore.Behind the campaign is the strike of Tesla’s mechanics in Sweden. Now stretching into its sixth month, the dispute has drawn in unions from across the region that have joined in blockades aimed at bringing…
May was a month of announcements: between Google, Apple, Microsoft, and OpenAI, there was much ado about—well, very little, in fact. It’s always seemed to me that big announcements steal attention that might otherwise go to projects that are less flashy but more deserving. (Or maybe I’m just becoming jaded.) That’s not to say that nothing interesting happened. We’re seeing continued interest in small language models—small enough to run on cell phones (which have more processing power than the supercomputers of a few decades ago). We’ve wondered whether new programming languages make sense in the era of AI-generated code—but we…
The photography fanatics over at Moment are having what they call a warehouse sale right now. There are some good deals on camera gear, Moment’s signature mobile lenses, bags, slings, organizers, and more. We’ve sifted through the deals to find the best prices on all the WIRED-tested gear on sale. Have a look!Don’t miss our guides to the Best Camera Gear for Your Smartphone, Best Camera Bags, Best Mirrorless Cameras, Best Home Video Gear, and How to Buy a Camera for more.Special offer for Gear readers: Get WIRED for just $5 ($25 off). This includes unlimited access to WIRED.com, full…
House Republicans, keen to keep up a steady stream of criticism about the Biden administration as the 2024 campaign kicks into high gear, are now going after Attorney General Merrick Garland. On Wednesday, the House is expected to vote to hold Garland in contempt of Congress, a move that follows recent attacks the GOP has made against the Justice Department. A contempt vote is intended to help the House enforce subpoenas and requests for testimony: By holding someone in contempt, lawmakers are effectively calling them out for failing to comply with congressional demands. Republicans say this is why they’re undertaking this vote,…
Apple recently announced the upcoming watchOS 11 at WWDC 2024, which will introduce the Translate app to the Apple Watch for the first time. This new version of the operating system includes better fitness and health apps, Live Activities, and various other updates. The Apple Translate app, originally launched in 2020 with iOS 14, supports 20 languages such as Chinese, English, French, and more. watchOS 11 brings so many new features to Apple Watch. ⌚ One of my favorites is the new Vitals app, which gives you insights into your daily health status and notifies you if multiple metrics are…
Hackers working for the Chinese government gained access to more than 20,000 VPN appliances sold by Fortinet using a critical vulnerability that the company failed to disclose for two weeks after fixing it, Netherlands government officials said. The vulnerability, tracked as CVE-2022-42475, is a heap-based buffer overflow that allows hackers to remotely execute malicious code. It carries a severity rating of 9.8 out of 10. A maker of network security software, Fortinet silently fixed the vulnerability on November 28, 2022, but failed to mention the threat until December 12 of that year, when the company said it became aware of…
At its Worldwide Developer Conference on Monday, Apple for the first time unveiled its vision for supercharging its product lineup with artificial intelligence. The key feature, which will run across virtually all of its product line, is Apple Intelligence, a suite of AI-based capabilities that promises to deliver personalized AI services while keeping sensitive data secure. It represents Apple’s largest leap forward in using our private data to help AI do tasks for us. To make the case it can do this without sacrificing privacy, the company says it has built a new way to handle sensitive data in the…
There has been a silly amount of drama in the run-up to Tesla‘s annual shareholder meeting on Thursday. The company is set to hold a vote on “re-ratifying” the $56 billion compensation package awarded to Elon Musk in 2018, which was struck down by a Delaware Chancery Court judge earlier this year. It will also hold a vote whether the company will change the location where it is incorporated from Delaware to Texas. Some of Tesla’s biggest boosters are calling on the company’s “retail army” of shareholders to vote in favor of both, but with special focus on Musk’s compensation.…