Equinix finalises £2.35bn Telecity merger May 29, 2015 US data centre firm Equinix has finalised a deal for UK-based rival Telecity, the group confirmed early this morning. Read more: Bidding war for Telecity as rival offers £2.31bn The deal, worth £2.35bn, will bring Telecity's executive chairman John Hughes – awarded a CBE for international telecommunications – onto the Equinix board. Telecity had previously been [...]
As Wembley gets 4G, should football clubs offer wifi? Why Arsenal, Manchester United and Chelsea should look to Kansas for connectivity inspiration May 28, 2015 Just a handful of football clubs offer fans fast smartphone connections despite growing pressure to install the technology. But how does the footy tech race impact fans and clubs? Arsenal and Aston Villa fans flooding Wembley Stadium for the FA Cup Final are unlikely to be stuck for a smartphone signal after telecom giant [...]
Five key takes from the Google IO conference 2015 May 28, 2015 Internet giant Google today unveiled its latest products, software and projects to an audience of developers at its annual I/O developer conference in San Francisco. Here are five key takes: Google challenges Apple Pay Google unveiled Android Pay which will let users pay in stores as well as online using their mobile phones. Android Pay will [...]
GoPro share price flies after chief Nick Woodman reveals drone and VR plans May 28, 2015 Shares in camera maker GoPro are flying after chief executive Nick Woodman revealed the company plans to make its own drones. The action camera's stock surged more than seven per cent, hitting a four-month high of $57.35 after Woodman told a tech conference audience it is planning to offer fans the opportunity for even more thrill-filled [...]
Six astonishing predictions about the internet in 2019 May 28, 2015 Just eight years ago, there was no iPhone, while a mere decade ago, half of all Britain's internet connections were made via the dulcet tones of dial-up – things change fast. In just a few years' time who knows how the internet will change? Well, there are some quite astonishing predictions that have been made [...]
Fifa 16 to feature women’s teams for the first time May 28, 2015 Women's teams will feature on the forthcoming Fifa '16 video games – marking the first time women's football has featured in EA Sports' popular franchise. Players will be able to take control of 12 international women's teams, including England, Germany and the USA – all of whom are due to feature at next month's World [...]
Avago share price soars as $37bn Broadcom takeover is confirmed May 28, 2015 Avago Technologies has sealed a $37bn acquisition of fellow semiconductor company Broadcom to create an industry giant with estimated annual revenues of $15bn. Singapore-based Avago is paying $17bn in cash and $20bn worth of its own shares (making it the largest ever merger of chipmakers) to fund the deal for the US firm which builds [...]
Humans will be at the mercy of US killer robots in a matter of years, scientist warns May 28, 2015 There's no escape – robots capable of killing people without human intervention are on their way, and we will be utterly defenceless against them. This is the warning issued by Stuart Russell, an Artificial Intelligence (AI) professor at the University of California, Berkley. He says the US military is currently developing robots called Lethal Autonomous [...]
Yahoo to face privacy lawsuit on behalf of millions of internet users May 28, 2015 Yahoo will face a US class action lawsuit alleging wiretapping violations of emails sent to its users from non-Yahoo mail accounts. The lawsuit brought by a group acting on behalf of millions of internet users was given the go-ahead by a Californian judge, who granted the group class action status. Over 1m members who used [...]
British Business Bank puts £17.5m in Passions Partners’ fund May 27, 2015 British Business Bank has put £17.5m into Passion Partners’ £45m second fund. The investment is the 18th that the bank has made via its Enterprise Capital Funds programme. Passion Capital’s Eileen Burbidge told City A.M. last night that she is very positive about the financial technology scene in London that Passion invests in. [...]