Alphabet drops out of trillion-dollar club amid coronavirus rout February 24, 2020 Google parent company Alphabet has dropped out of the prestigious trillion-dollar club after fears over the coronavirus outbreak prompted a wider global sell-off. Shares in Alphabet dropped almost four per cent in New York trading this afternoon, taking its market capitalisation to just below $980bn (£758bn). The fall came amid a wider decline across stock [...]
Disney Plus UK: Everything you need to know (and why The Simpsons is missing) February 24, 2020 Eager film and TV fans can today get their hands on a discounted Disney Plus subscription ahead of the streaming service’s UK launch next month, while the media giant has given subscribers a taste of its content slate. How much does it cost? Disney Plus today announced that customers can sign up for an introductory [...]
Don’t leave it up to the EU to decide how we regulate AI February 24, 2020 The war of words between Britain and the EU has begun ahead of next month’s trade talks. But as Britain sets its own course on everything from immigration to fishing, there is one area where the battle for influence is only just kicking off: the future regulation of artificial intelligence. As AI becomes a part [...]
Camden takes tech crown as it leads UK for new business creation February 24, 2020 Camden has topped the UK rankings for new business creations as London’s booming tech scene continues to drive growth in the capital. A total of 2,110 net new businesses were created in Camden in 2018, according to figures published today by private equity investment firm Growthdeck. This was closely followed by Westminster with 2,100, while [...]
France warns of tech tax chaos if global deal not reached this year February 23, 2020 Failure to reach a global agreement on how to tax tech giants such as Google and Facebook would lead to a chaotic mix of different tax regimes, France’s finance minister has warned. Bruno Le Maire today called on international leaders to reach a consensus over tax reform by the end of the year or risk [...]
David Davis: Huawei deal is ‘worst intelligence decision since Cambridge Five’ February 23, 2020 Former Tory cabinet minister David Davis has lambasted the government’s 5G deal with Chinese tech firm Huawei, branding it the “worst intelligence decision since MI6’s recruitment of Kim Philby”. Davis, who served as Brexit secretary under Theresa May, warned the verdict posed a huge risk to national security and likened it to the appointment of [...]
The best cycling gear of 2020: Here’s how to get the most out of your ride February 20, 2020 The storms have passed, the skies are clearing and your excuses for not getting back on your bike are evaporating like so many brown puddles. Whether you’re commuting along cycle superhighways, or just looking to take your bike for a spin through the countryside, here’s our pick of the best (or most interesting) cycling gear [...]
Sorry! Justin Bieber’s details leaked in huge MGM Resorts hack February 20, 2020 Popstar Justin Bieber and Twitter founder Jack Dorsey are believed to be among 10.6m people who had their data leaked after MGM Resorts was hacked last year. Names, addresses and passport numbers featured among the details stolen from former guests of the chain, which owns a string of hotels in Las Vegas and around the [...]
Google users set to lose EU data protections after Brexit February 20, 2020 Google is planning to move its British users’ accounts out of the control of the European Union privacy regulators and place them under US jurisdiction. Ireland, where Google and other US tech firms have their headquarters, remains in the EU and its data is protected by the General Data Protection Regulation (GDPR). Reuters reported that [...]
How to break up big tech? Regulating technology companies is more easily said than done February 20, 2020 Over the last few years, the public perception of technology companies has shifted quite dramatically. Large tech firms such as Google, Facebook and Amazon are no longer the darlings of the world. They are attracting the same kind of ire that financiers attracted a decade ago. At the political level, this translates into a broad [...]