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Skills shortage persists in cybersecurity with many jobs going unfilled

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Skills shortage persists in cybersecurity with many jobs going unfilled

Despite a decade of hiring, there are still significant skills gaps evident in the U.S. labor market. A recent report from the U.S. Chamber identified the most impacted industries, and found that there are significant gaps across the financial services and professional and business services industries.

Both of these sectors have a plethora of open roles, but not enough qualified candidates to fill them.

“The industries with lower-than-average unemployment rates have fewer experienced candidates to choose from when filling their job openings,” the report says. “This situation leads to heightened competition among businesses in these industries as they vie for the limited pool of available talent.


5 cybersecurity jobs to apply for now


One area that is particularly impacted is cybersecurity. A new report from CyberSeek found that there are only enough workers to fill 83% of available jobs. While there are 1.25 million workers in cybersecurity roles nationwide, around 265,000 additional workers are needed to fill current staffing requirements.

“After the pandemic-fueled IT hiring spree, cybersecurity job demand has stabilized close to pre-pandemic levels,” says Will Markow, vice president of applied research at Lightcast.

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There are a number of reasons why this is happening, and include the slew of layoffs and belt-tightening that has been experienced right across the tech industry over the past two years.

Additionally, the pandemic fueled the accelerated adoption of web-based services, and with more and more daily activities like banking, food delivery and shopping happening online, there comes a greater need for security.

Scams are also on the rise. The Better Business Bureau (BBB) has found that the average amount lost by victims of investment scams rose from $1,000 in 2021 to almost $6,000 this year.

A new Consumer Security and Financial Crime Report from Revolut points to Meta platforms as the biggest source of all scams (62%) in the first half of 2024. Revolut identified that Facebook had fraud volumes (39%) which were more than double that of WhatsApp (18%).

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The rise of artificial intelligence (AI) is also widening the skills gap for cybersecurity workers. CyberSeek’s report has found that over the past year, cybersecurity job postings with some requirements for AI skills have increased from 6.3% to 7.3%.

Developing cybersecurity talent

“Narrowing the supply-and-demand gap for cybersecurity talent is a significant challenge and a promising opportunity,” says Amy Kardel, vice president, strategy and market development, academic at CompTIA.

“It requires changes in mindset and approach; understanding that there are many pathways to employment; seeking out job candidates who come to the workforce via alternate routes; and a stronger focus on retraining and upskilling of current employees.”

Ultimately, more skilled workers need to be developed. According to Rodney Petersen, director of NICE at the National Institute of Standards and Technology, new ways of developing that talent need to be actioned outside of a traditional college route.

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“The workforce gap underscores why we promote alternative pathways to careers in cybersecurity during Cybersecurity Career Week to broaden participation from individuals with diverse backgrounds and experiences.

“Closing that gap will require diversified approaches and investments, including education, training, reskilling and upskilling, and Registered Apprenticeships.”

The opportunities are there for talented tech workers at all levels. The report found that entry-level cybercrime analyst roles have seen a 23% increase in job postings from Q2 to Q3 of this year. Mid-level incident and intrusion analyst jobs are up 9.6%, with jobs for advanced level cybersecurity engineers showing an increase of 10.2%.

Ready to find your next job in tech? Visit the VentureBeat Job Board today to discover thousands of roles in companies actively hiring.

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Science & Environment

NextEra sees strong data center interest in restarting Iowa nuclear plant, CEO says

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NextEra sees strong data center interest in restarting Iowa nuclear plant, CEO says


John Ketchum, chairman, president and chief executive officer of Nextera Energy, speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 8, 2023.

F. Carter Smith | Bloomberg | Getty Images

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NextEra Energy is seeing strong interest from data center customers in restarting the Duane Arnold nuclear plant in Iowa, CEO John Ketchum said Wednesday.

“We are very busy looking at Duane Arnold,” Ketchum told investors during the company’s third-quarter earnings call. “We’re very interested in recommissioning the plant.”

NextEra is conducting engineering assessments on the plant and is working with the Nuclear Regulatory Commission and local stakeholders on evaluating a possible restart, the CEO said.

“Obviously, it goes without saying, there’s very strong interest from customers, really data center customers in particular around that site,” Ketchum said.

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The CEO said in July that NextEra was weighing whether to restart Duane Arnold. He cautioned at the time, however, that the company would only do so if the project was “essentially risk free.”

The Duane Arnold Energy Center northwest of Cedar Rapids, Iowa ceased operations in 2020 after more than 40 years of service. The nuclear industry in the U.S. faced a wave of reactor shutdowns over the past decade as they struggled to compete against cheap natural gas.

But power companies are pressing ahead with restarting recently shuttered nuclear plants as electricity demand surges from data centers, manufacturing and the electrification of the economy.

Ketchum’s comments on Duane Arnold come a month after Constellation Energy unveiled plans to restart the Three Mile Island nuclear plant in Pennsylvania in 2028 through an agreement with Microsoft.

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Tech giants such as Microsoft are grappling with massive power needs as they scale up artificial intelligence. Nuclear is attracting growing interest from tech companies because reactors provide large quantities of reliable, carbon-free power. Alphabet’s Google and Amazon recently announced investments in next-generation small nuclear reactors.

Holtec International, a privately held nuclear technology company, blazed the trail for restarting reactors with the Palisades plant in Michigan. Holtec expects that plant to come back online toward the end of 2025. It would be the first nuclear plant in U.S. history to restart after shutting down.



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Arm threatens to cancel Qualcomm’s chip design license

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Arm threatens to cancel Qualcomm's chip design license

Bloomberg has reported that chip architecture company Arm Holdings PLC is terminating its licensing agreement with Qualcomm Inc., and has sent the U.S. firm a 60-day cancellation notice. If the cancellation goes through, Qualcomm could be forced to stop selling Arm-based chips — which includes the majority of its smartphone chips and the new Snapdragon chips used in Copilot+ PC lineup.

The two companies have been caught in a legal dispute for multiple years now. It started in 2021 when Qualcomm acquired the chip design company Nuvia (started by former Apple employees who worked on the M1 chip). The disagreement centers around Nuvia’s licensing agreements with Arm and whether Qualcomm’s acquisition of these licenses violated Arm’s terms of agreement. Arm wants the licensing terms to be renegotiated now that Nuvia is under new ownership, while Qualcomm argues that renegotiation isn’t necessary.

The cancellation notice demands that Qualcomm cease and desist developing Arm-based Nuvia chips and also stipulates that all existing stock should be destroyed. This is quite an extreme demand and a Qualcomm spokesperson described the situation to Bloomberg as Arm trying to “strong-arm a longtime partner.” In other words, the cancellation may just be an attempt to disrupt or influence the legal battle between the two companies.

Aside from the recent dispute, Qualcomm and Arm have worked together for years, with Qualcomm announcing its first Arm license over 25 years ago in 1998. Right now, Qualcomm has an annual revenue of almost $40 billion and a large majority of it comes from chips built on Arm standards.

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They’re used to power most current Android phones, and the newly announced Snapdragon 8 Elite is expected to power the next wave of Android devices. Qualcomm’s recent expansion into laptop processors has also been successful, with the Snapdragon X Elite chips powering a whole range of Copilot+ PCs running Windows-on-Arm. With all this said, it’s easy to see why a permanent falling out between the two companies would have an extreme impact.

It seems like Qualcomm would be risking a lot by ignoring the cancellation order and continuing to refuse Arm’s demands for licensing renegotiations — the company’s shares have already fallen by 5% since the Bloomberg report was published. But we’ll have to wait to see how the company officially reacts over the next few weeks.



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Apple is reportedly developing an app like App Store for games

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Apple is reportedly developing an app like App Store for games

Apple is allegedly making a new app like the App Store dedicated to games. While the Cupertino tech giant has already released the iOS 18 version to the public, it could also be working on future software updates. One of these updates could bring a dedicated store for games.

Apple’s new app for games will combine features from the App Store and Game Center in one place

The source claims that Apple’s new app for games will combine the functionality from the App Store and Game Center in a single place. It will be a dedicated hub for gamers to find popular games. With the new app, Apple wants to entice gamers to buy iPhones. The new gaming app isn’t going to replace the game store. In fact, it will integrate with an Apple user’s Game Center profile.

Apple’s upcoming game app is going to promote special gaming events. It will also be important about the latest games. The app will feature multiple tabs. There will be a “Play Now” tab, a dedicated tab for the user’s games, friends, and more. Similar to the Xbox app and Steam, it will also show challenges, leaderboards, and achievements.

Apple could also integrate the new game app with FaceTime and iMessages

Notably, Apple will also integrate the new game app with the FaceTime and iMessage applications. This will allow users to communicate with their friends regarding gaming. In addition, the app will allow developers to offer mini-games based on App Clips. The new app will work like the Xbox app for iPhones. The Microsoft app already allows users to see their status, see their friends’ activity, search for new games, and check their library.

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As of now, Apple devices have the Apple Arcade, a dedicated subscription service that provides access to premium games. There’s no word when exactly Apple is planning to launch the new app. It could arrive either in one of the iOS 18 updates or in iOS 19.

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Eero launches a weatherproof extender for outdoor Wi-Fi

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Eero launches a weatherproof extender for outdoor Wi-Fi

Some folks have properties too vast to be covered by the fanciest of mesh Wi-Fi sets, especially if they’ve got vast tracts of land. It’s an issue Eero is looking to tackle with the Outdoor 7, an add-on to its Eero 7 series of mesh Wi-Fi nodes that’s built to live outdoors. The hardware is IP66 rated and the company says it’ll keep working in temperatures ranging from -40F to 130F, no matter the weather.

With a range of 15,000 square feet, Eero says the Outdoor 7 should suit everyone from cafe owners with patios to land owners looking to keep their security cameras connected. Each unit supports Wi-Fi 7 with speeds up to 2.1Gbps, works with Thread, Zigbee and Matter devices, and has a 2.5Gb ethernet port with support for Power Over Ethernet. You’ll also get a mounting kit that’ll help you screw it into stucco, vinyl, wood or fiber cement walls.

The Eero Outdoor 7 will be available to buy in the US on November 13 for $350, or for $400 when bundled with the company’s 30W outdoor Power Over Ethernet adapter.

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Party Icons raises $9M for mobile-1st gaming platform

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Party Icons has raised $9 million.

Party Icons has raised $9 million.


Party Icons, a mobile-first gaming platform with three playable modes, said it has raised $9 million in funding despite market headwinds.Read More

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Fixify blends automation and human analysts to tackle IT problems

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Man pointing at screen trying to see a part of his large code base.

Matt Peters has spent more than a decade working for cybersecurity vendors. He was a team lead at Check Point, climbed the corporate ladder to VP of worldwide operations at FireEye, and spent over four years at Expel, a managed detection and response firm, as chief product officer.

Peters says a surprising common thread ran through all these experiences: IT teams were frustrated because expectations around technology rarely matched up with reality.

Organizations demand a lot of their IT departments. According to one poll, nearly a third of staff at the average company bank on a response from IT within an hour. Roughly the same percentage expect help with any new tool that their employer requires they learn.

In these challenges, Peters perceived opportunity. Along with Peter Silberman and Mase Issa, both ex-Expel colleagues, Peters founded Fixify, an IT help desk platform with an automation twist.

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Fixify connects to existing IT ticketing systems, like Jira and ServiceNow, to automatically categorize tickets and identify problem “hotspots.” Using AI, Fixify tries to identify the root causes of problems, then recruits IT analysts that it employs to diagnose and resolve the problems.

“Fixify is designed for tech-centric organizations between 100 and 2,000 employees that care about providing a high-quality IT help desk experience, but aren’t able to invest in the staff and tech stack required,” Peters said. “We charge an annual subscription based on the number of employees a customer has. For a company with 750 employees the cost would be $9,000 per month, or about the cost of one full-time help desk analyst.” 

Peters says that Fixify uses a sentiment analysis tool to gauge the tone and urgency of incoming requests. This not only helps with triage, he says, but gives analysts an idea of what to expect and how to respond.

“By tracking sentiment from the start to the close of a ticket, we can monitor the user experience and quickly spot when extra attention is needed,” Peters added.

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As analysts work through tickets, Fixify customers — and their own IT workers — can lend a hand if they choose. Fixify automatically updates ticket statuses to ensure stakeholders remain on the same page.

From Fixify’s admin dashboard, customers can specify which categories of tickets they want analysts to prioritize. They can also view performance metrics (e.g. time to resolution) and suggestions to proactively address issues, as well as file requests to delete sensitive info from Fixify’s platform. (By default, Fixify retains data for 12 months subject to “customer needs and contractual obligations.”)

“Our goal is to manage around three-quarters of the customer’s ticket volume from start to finish – not just re-route them,” he continued. “Our AI assists IT analysts by suggesting next steps based on each customer’s specific processes. They also identify relevant tools for each task by analyzing the ticket context and playbook instructions.”

IT teams have shown a willingness to embrace automation as they find themselves stretched thinner and thinner. In a December 2023 Digitate survey, 90% of IT decision-makers said they plan to deploy more automation, particularly in functions like finance and customer support, in the next 12 months.

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Fixify
Fixify’s backend ticket monitoring dashboard, where users can get a snapshot of outstanding issues. Image Credits:Fixify

The idea of high-tech IT outsourcing isn’t new. Several startups are trying the idea, including Primo (which focuses specifically on hardware), Fleet (which also has a hardware bent), and Wizeline.

But there’s lots of money in the segment. Avasant Research’s 2023 IT Outsourcing Statistics survey found organizations increased their annual IT outsourcing budgets by 8.1% last year. Deloitte projected total spending on IT outsourcing to reach $519 billion by 2023 — a 22% tick up from 2019.

Investors seem taken with Fixify’s automation angle — perhaps because of automation’s potential to boost productivity while lowering overhead.

This month, Fixify closed a $25 million Series A round co-led by Costanoa Ventures, Decibel Partners, and Paladin Capital Group with participation from Scale Venture Partners. Mourad Yesayan, managing director at Paladin, plans to join Fixify’s board as part of the deal.

“The broader tech slowdown has actually created a couple of opportunities for us,” Peters said. “This series A investment provides funding for the foreseeable future – and certainly through the expected uptick in the economy that many economists are predicting.”

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Arlington, Virginia-based Fixify, which launched in 2023, has raised $32 million to date. The firm’s near-term focus is growing its 41-person workforce and customer base, which currently stands at 15 companies.

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