Nintendo sales and profits slip as demand for Switch consoles dries up February 3, 2022 Nintendo’s sales and profits have slipped, as momentum for its Switch console wanes and it continues to battle a shortage of semiconductor chips. The Japanese gaming giant pulled in £2.3bn in profit in the nine months through December, which dipped 2.5 per cent from the year prior. Nintendo’s sales have continued to sink since [...]
UK gambling regulator clamps down on illegal Facebook lotteries February 3, 2022 The Gambling Commission have shut down hundreds of illegal lotteries operating on Facebook, as the regulator aims to protect vulnerable social media users.
UK unveils cash pot for young space entrepreneurs February 3, 2022 The government has opened the gates to a new cash pot for young space entrepreneurs, ahead of the country’s first-ever launches from UK soil this year. The £50,000 prize money up for grabs will see entrepreneurs between the ages of 11 and 22 present their ideas to a panel of ‘dragons’ from across the UK [...]
New Covid-19 vaccine wins regulatory approval in UK February 3, 2022 A new Covid-19 vaccine has been approved by the UK’s medicines watchdog, making it the fifth jab to be authorised for use in the country. The Nuvaxovid vaccine, developed by US biotech firm Novavax, will add another string to the UK’s vaccine bow, with 71 per cent of the population having received at least two [...]
Australia’s richest man files lawsuit against Facebook over scam ads February 3, 2022 Facebook is in hot water once again after an Australian billionaire launched legal proceedings against parent company Meta. Iron ore magnate Andrew Forrest today confirmed the launch of criminal proceedings against Meta in an Australian court, alleging that it breached anti-money laundering laws and let its platform be used to scam Australians. The Fortescue metals [...]
Interview: Zoom beyond lockdown February 3, 2022 Zoom CIO Harry Moseley talks to Leah Montebello about the firm beyond Covid-19
Vodafone chief calls for consolidation amid fears European mobile operators are falling behind February 2, 2022 Vodafone chief urges policymakers to allow European mobile operators to merge and consolidate as firms feel mounting pressure. European telecoms companies face a bill of up to €300bn to roll out super fast 5G across the continent, which some argue is made harder by regulators demanding multiple operators compete in each market to keep consumer [...]
White House cybersecurity lead to help NATO prep for potential Russian cyberattacks February 2, 2022 The US has sent its top cybersecurity official to NATO in a bid to prepare European allies for potential Russian cyberattacks. Intelligence assessments suggest that Russia would issue cyberattacks on Ukraine’s electricity grid, its communications systems and its government, prior to invading. The relationship between Russia and Ukraine has been turbulent since Ukraine gained independence [...]
UK to strengthen ‘space clusters’ following £1.4bn defence investment February 2, 2022 The UK is set to inject extra cash into so-called ‘space clusters’ – regional hubs where the space industry is booming, such as Cornwall and Scotland. Forming part of the government’s Levelling Up White Paper today, it comes as the Ministry of Defence (MoD) confirmed a £1.4bn investment into future space defence yesterday. Defence secretary [...]
Microgravity as a service: Commercial space sector gets NASA green light February 2, 2022 Microgravity is increasingly widening the benefits of space, allowing scientists to manipulate materials and elements in ways that are impossible on Earth. However, there is limited investment in microgravity as a commercial sector. Used frequently by astronauts within the International Space Station (ISS), what it could mean for the UK’s pharmaceutical industry is yet to [...]