Peter Thiel’s Palantir confidentially files to go public July 7, 2020 Data analytics firm Palantir said it has confidentially filed paperwork with the US Securities and Exchange Commission (SEC) to go public. Palantir is planning public listing of the Class A common stock, but has not disclosed the size of the listing. It is not known whether Palantir will pursue a traditional initial public offering or [...]
Deutsche Bank signs multi-year strategic deal with Google July 7, 2020 Deutsche Bank has today agreed a 10-year strategic partnership with Google that will see the tech giant overhaul the bank’s outdated back-end technology. Google beat out bids from Microsoft and Amazon among others for the deal, which will give Deutsche access to cloud services and drive fintech innovation between the two companies. The deal is [...]
Micro Focus shares drop as it swings to $1bn loss July 7, 2020 The coronavirus pandemic has pushed Micro Focus to a $1.03bn loss, causing concerns for investors as tech businesses struggle through the crisis. Micro Focus reported a pre-tax loss of $1.03bn for the six months to the end of April, compared to a profit of $1.4bn for the same period last year. Shares in the London-listed [...]
Commodities trading made easy thanks to mettalex’s decentralised platform July 7, 2020 | Sponsored Barriers to entry in the sometimes complex and often opaque world of commodity trading may soon be lowered thanks to Mettalex’s innovative platform that promises to deliver a low-cost, low-risk and easy-to-use solution. Mettalex, which is powered by Fetch.ai’s decentralised infrastructure, is in the final stages of testing ahead of a planned launch later this [...]
Could Fetch.ai’s multi-agent system solve the headaches of travel? July 7, 2020 | Sponsored Everytime we find ourselves stuck in traffic, frustrated at a delayed train or waiting for a taxi to show up, we think, “Surely there must be a better way of doing things?” Well the answer to these everyday problems could be nearer than you think with Fetch.ai’s multi-agent system that promises to do all the [...]
How the synergy of AI with decentralised ledger technology can untap new economic potential July 7, 2020 | Sponsored Everyday improvements in how we move around cities, manage our financial system, order groceries and consume energy in our homes could be just around the corner thanks to Fetch.ai’s successful convergence of artificial intelligence and distributed ledger technology. The opportunity unlocked by the machine learning (ML) revolution over the past decade has been brought about [...]
Tiktok exits Hong Kong as US ponders banning the app July 7, 2020 Tiktok is to remove its app from Hong Kong, as other technology firms say they will stop processing data requests from authorities in the city state. Tiktok, which is owned by Chinese giant Bytedance, said it had made the decision to exit the region after China approved fresh national security law for the region last [...]
Scammers can create fake Facebook and Google ads ‘within hours’ July 6, 2020 Lax controls on Google and Facebook enable scammers to create and post adverts for fake businesses within just a few hours, according to an investigation. Harry Rose, editor of Which magazine, said it was “worryingly easy for fraudsters to create adverts promoting scams for fake products and services”. Which created two linked fake companies – [...]
Whatsapp and Telegram suspend user data review requests from Hong Kong authorities July 6, 2020 Encrypted messaging services Telegram and Facebook’s Whatsapp said today they had “paused” accepting requests from Hong Kong authorities to review user data. China’s parliament last week passed the national security law in Hong Kong, pushing the city state towards a more authoritarian approach to monitoring its citizens and internet censorship. Previously Hong Kong enjoyed relatively [...]
US sanctions could impact Huawei reliability, says tech minister July 6, 2020 Ongoing US sanctions against Huawei could significantly affect the Chinese tech firm’s reliability as a supplier to other countries, culture secretary Oliver Dowden has said. Measures announced by Washington last month prevent Huawei from working with US companies to source parts for its telecoms equipment, which is installed in the UK’s 5G networks. The UK [...]