Zoom bags first $1bn quarter but demand for the Covid-19 essential is fading August 31, 2021 Zoom, which became a household name amid the pandemic, has recorded its first billion-dollar revenue in just one quarter – but demand for its Covid-19 essential service is quickly weening. The company forecast revenue of between $1.015bn and $1.020bn for its third quarter, which inched past analysts’ average estimate of $1.013bn, according to Refinitiv data. [...]
New record for UK data watchdog as it handed out £42m in fines last year August 31, 2021 The value of ICO fines issued in the past year was the highest on record at £42m, up 1,580 per cent from the £2.5m in fines issued the previous year, reveals research from RPC, the international law firm. The rise is driven by a £20m fine issued to an airline and an £18.4m fine to [...]
Pandemic: High Street demise leads to explosion in demand for gigantic warehouses August 31, 2021 The enforced closure of high street stores saw the trend towards greater online sales rocket further this year, with retailers having to invest further into their warehousing capabilities to cope with delivery demand. In fact, the explosive growth in e-commerce, as a result of the pandemic, has seen almost 15m sq ft of new “super [...]
Virtual reality may offer solution to brain injury caused by heading in football August 29, 2021 Heading is an integral part of football, but its links to lasting brain injuries are proving hard to ignore. One software company believes it has found a solution to the damaging impact it can have: virtual reality. Watch the full report.
Theranos founder Elizabeth Holmes accuses former boyfriend as criminal proceedings begin August 29, 2021 Theranos founder Elizabeth Holmes is accusing her former boyfriend, who was president of the blood-testing startup, of abusing her Several court documents were unsealed last night. Watch the full report.
Marathon world record holder and Olympic hero Eliud Kipchoge talks technology and sport August 29, 2021 Marathon world record holder and Olympic champion Eliud Kipchoge says he hope technology will take “centre stage” as athletes chase faster times. He also explains why the example of Cristiano Ronaldo and Lewis Hamilton means he’s not thinking about retiring. Watch the full report.
China targets internet algorithms that risk public order or ‘encourage addiction’ August 27, 2021 China has proposed a ban on algorithms that “encourage addiction or high consumption”, or risk national security or public order, in another round of its regulatory crackdown. In draft guidelines published by the Cyberspace Administration of China (CAC) today, algorithm providers with “social mobilisation capabilities”, or algorithms with large public influence, should first apply through [...]
Microsoft warns cloud customers intruders can read, change or delete their databases August 27, 2021 Microsoft has warned thousands of its cloud computing customers that intruders could have the ability to read, change or even delete their main databases. Watch the full report.
Tech crackdown: China proposes banning local sensitive data firms from US IPOs August 27, 2021 China has turned its attention to the US stock market amid its tech sector crackdown, according to reports, by suggesting new rules that ban sensitive data firms from listing. The new rules target internet companies, but the China Securities Regulatory Commission, its local market watchdog, has said that those in the pharmaceutical industry, are still [...]
Microsoft warns of intruder risk in Azure cloud database August 27, 2021 Thousands of Microsoft cloud computing customers could have reportedly been hit by a breach, as it warned intruders could have the ability to read, change or delete their main databases. The weak spot is in Microsoft Azure’s Cosmos DB database, according to Reuters. Which was revealed when security company Wiz found it could open keys [...]