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Connected newsletter: Apple unveils mixed reality headset, Clune strikes gold again

Connected at the Business Post is your source for the news that matters in technology and innovation, all told from an Irish perspective

Peter Thiel fund invests in Irish co-founded fintech firm

Atoa, whose co-founders include Irishman Cian O’Dowd, raises $6.5m from backers in a new seed round.

Zuckerberg shows off AI products in bid to reassure staff

Meta CEO said the company’s two priorities are incorporating AI into its varied products, and the metaverse

Former EI fintech advisor follows in the footsteps of Revolut

Mo Harvey’s Tribe Fintech has been accepted onto a Mastercard-backed programme whose previous participants include the well-known digital bank

Terry Clune-owned Immedis sold in deal valued at nearly €600m

Kilkenny-based payroll provider was founded in 2016 by the entrepreneur, whose other companies include Taxback and TransferMate

Apple debuts larger MacBook Air

The larger MacBook Air, announced Monday at the company’s Worldwide Developers Conference, has a 15.3-inch screen

Apple unveils mixed reality headset

The Vision Pro was revealed at the tech giant’s annual developers conference

Lenders of controversial Altada loan nearing agreement with Revenue

Revenue, which is owed more than €2 million by Altada, had challenged the legality of a €500,000 emergency loan to the failed technology company, given the firm was heavily insolvent at the time

Cemetery management software company PlotBox raises £5m

The North firm’s technology, once described as a ‘Google Maps for cemeteries’, is used to locate and manage graves

Outmin appoints former CERN scientist Cummings as tech chief

Company also announces new €2 million fundraise amid plans to launch in the US and Britain

Data Protection

LinkedIn facing a $425m fine from the DPC

The fine comes on foot of an investigation from the DPC into whether LinkedIn’s targeted advertising practices violate GDPR

Hedge funds deploy ChatGPT to handle grunt work

One of the world’s largest hedge funds says technology can speed up the preliminary parts of research

Stripe snaps up US-founded analytics firm in first acquisition in 16 months

Payments company earlier this year secured more than $6.5 billion in funding at a $50 billion valuation

EV charging point provider Weev secures £50m in investment

NI-based company is seeking to counter a severe lack of charging points in the north that allow EV drivers to share in as little as 20 minutes

Dublin-based fintech NomuPay raises €50m from backers

Company founded after the acquisition of assets from German fintech Wirecard

Vyta Group to create 100 jobs following €6.4m investment

IT equipment recycling company to hire across a number of different skillsets across sites in Dublin, Belfast and Essex.

Twitter now worth just 33% of Elon Musk’s purchase price

The latest markdown erases about $850 million from Musk’s $187 billion fortune

Winklevoss Twins attempt European pivot for Gemini

Mounting market, legal and regulatory challenges cloud the firm’s future as it seeks an overseas reset with Dublin as its European HQ

It’s business as usual on data transfers despite Meta ruling

Proposed new legislation means it is unlikely the Facebook parent company will have to pay the DPC’s €1.2 billion fine

Flipdish eyes profitability as it makes acquisition

Irish tech unicorn has acquired point-of-sales firm Jinoby and is rolling out what it calls a complete restaurant management system