Sage cancels £250m share buyback and scraps guidance April 6, 2020 Software company Sage Group today said it was cancelling a £250m share buyback and withdrawing its financial guidance after coronavirus hit its revenue, The company said it thinks organic recurring revenue growth will be below its guided range of eight-to-nine per cent and decline in other revenues will “accelerate significantly” in the second half, with [...]
NHS issues emergency contracts for video GP services due to pandemic April 2, 2020 Patients across England will be able to see their GP via a video consultation after the NHS issued emergency contracts to health tech firms due to the coronavirus outbreak. NHS England has handed contracts to 11 providers after health officials invited companies to an emergency tender process last month. The fast-tracked deals mean GP surgeries [...]
Amazon wins trademark battle against Davidoff perfume maker April 2, 2020 Amazon has won a legal battle against the cosmetics firm behind Davidoff after the ecommerce giant listed unlicensed bottles of the perfume on its platform. The German arm of Coty, which owns the Davidoff brand, complained that Amazon had infringed its trademark by stocking the perfume from third-party sellers. Coty initially brought the case before [...]
Zoom vows to fix security issues as daily user numbers surge to 200m April 2, 2020 Zoom has vowed to focus its resources on fixing a string of security issues as the video conferencing app reported a surge in user numbers during the coronavirus crisis. The popular video service has faced fierce scrutiny over its security and practices in recent weeks after a number of bugs were exposed. The company today [...]
Wework threatens to sue Softbank over ditched $3bn share buyout April 2, 2020 Wework has threatened to sue Softbank after the Japanese investment giant abandoned plans to buy $3bn (£2.4bn) worth of additional shares in the company. Softbank, which owns a controlling stake in the coworking firm, agreed to the share tender last year as part of a rescue package following Wework’s botched public listing. The company said [...]
Zoom bug allows hackers to take over webcam and microphone April 1, 2020 Zoom users could have their webcam and microphone taken over by hackers due to security flaws in the popular video conferencing app. A former NSA hacker today revealed two previously undisclosed bugs in Zoom’s software that could allow criminals to hijack a user’s Mac. One bug allows an attacker to inject malicious code into the [...]
Government set to launch coronavirus ‘contact tracking’ app April 1, 2020 The government is gearing up to launch a new app that will alert users if they have come too close to someone who has tested positive for coronavirus. The contact tracking app, which Brits can download on a voluntary basis, will be rolled out either just before or just after the lockdown is lifted, Sky [...]
Zoom under scrutiny as popularity skyrockets during coronavirus crisis April 1, 2020 Videoconferencing app Zoom is facing fresh scrutiny over its security as its popularity skyrockets during the coronavirus pandemic. New York Attorney General Letitia James reportedly wrote to Zoom raising concerns over its ability to cope with the sharp increase in users. The app is being used by millions of people for work calls and socialising [...]
How are criminals getting our information? April 1, 2020 | Sponsored In these difficult times, we should be vigilant against criminals using the publicity around Coronavirus as a chance to target people with fraudulent emails, phone calls, text messages or social media posts. Most of us think we’re too smart to get caught out by fraud and scams but, the truth is, criminals are increasingly using sophisticated [...]
Advanced analytics in the fight against financial crime April 1, 2020 | Sponsored Financial crime isn’t isolating. Criminals — money launderers, terrorists, fraudsters — evolve apace or ahead of the institutions and individuals they exploit. Global headlines, encompassing Panama to Moscow and due South, beg the question: “How can we keep up?” How data experts can help combat financial crime Nick Hourigan, Senior Managing Director and Head of [...]