Technology - Entspos Developers Inc.

Meet the founder who built and sold a $600M enterprise software startup from Sri Lanka

entspos5:34 pmAugust 3, 2024 Sanjiva Weerawarana: A Sri Lankan Success StorySanjiva Weerawarana is a remarkable figure in Sri Lanka's tech industry. In 2005, he founded the enterprise software firm WSO2, which grew to nearly $100 million in annual recurring revenue (ARR) before being sold to private equity firm EQT for $600 million in May 2024. Despite Sri Lanka's modest startup ecosystem, WSO2 has stood out with major clients like Samsung, Axa, and AT&T.Founding WSO2Weerawarana's journey began at IBM, where he helped develop web service specifications such as WSDL

by entspos August 3, 2024September 12, 2024

International, Technology

Backed by Microsoft, AWS and Meta, the Overture Maps Foundation launches its first open map data sets

entspos6:38 pmJuly 24, 2024 It's not every day that Microsoft, Amazon, and Meta join forces for a common cause. However, that's precisely the case with the Overture Maps Foundation, an initiative dedicated to developing interoperable and open map data.Launched in December 2022, the Overture Maps Foundation aims to challenge Google's dominance in online mapping. Hosted by the Linux Foundation, the group has been releasing early previews of its data sets over the past year, with the first beta version arriving this April. On Wednesday, the initiative marked a significant

by entspos July 24, 2024September 12, 2024

International, Professional Growth, Technology

Global tech outage disrupts industries, highlights online risks

entspos9:07 pmJuly 19, 2024 On July 19, a global tech outage disrupted industries ranging from travel to finance before services gradually came back online after several hours. This incident underscored the risks associated with the global shift towards interconnected digital technologies.The outage was triggered by a software update from global cybersecurity firm CrowdStrike (CRWD.O), which caused system problems that grounded flights, disrupted broadcasts, and left customers without access to essential services like healthcare and banking.Over the past two decades, ac

by entspos July 19, 2024September 12, 2024

International, Professional Growth, Technology

OpenAI in Crisis: Insiders Reveal Alarming Safety Oversights and Internal Turmoil

entspos10:12 amJuly 15, 2024 OpenAI, a frontrunner in developing human-level AI, is facing increasing scrutiny over safety concerns, as highlighted by employees in various media outlets. The latest instance, reported by The Washington Post, features an anonymous employee alleging that OpenAI rushed safety tests and celebrated their product prematurely. “They planned the launch after-party before ensuring the product’s safety,” the employee revealed. “We essentially failed in our process.”Safety issues persist at OpenAI, with current and former employees recently signing

by entspos July 15, 2024September 12, 2024

International, Professional Growth, Technology

Elon Musk does not owe ex-Twitter staffers $500 million in severance, court rules

entspos4:58 amJuly 11, 2024 Elon Musk faces several lawsuits following his 2022 takeover of Twitter, during which he fired over 6,000 employees, including then-CEO Parag Agrawal. Recently, Musk won one such lawsuit, with a federal judge ruling that X Corp. doesn't owe additional severance to the former employees.The lawsuit, initiated by Twitter’s former head of people experience and another ex-manager, claimed X Corp. paid less severance than promised. The complaint highlighted that the 6,000 fired employees received, at most, three months of severance pay, as Musk con

by entspos July 11, 2024September 12, 2024