Britain will make Huawei decision soon, says Leadsom January 23, 2020 Britain will soon decide what role Huawei will have in its 5G network but there are only a limited number of alternative providers, Andrea Leadsom said today. The business secretary told Sky: “Ideally there would be more providers of infrastructure similar to the work that Huawei does but the UK is looking very carefully at [...]
Build it better: How the office of the future can help save the planet January 23, 2020 Climate change is the headline topic in Davos this week, where business leaders and politicians have gathered for the World Economic Forum. Activist Greta Thunberg told the gathered elite that their inaction over the climate was “fuelling the flames by the hour”. While many may dismiss her warnings (President Donald Trump earlier urged leaders to [...]
A day in the life of the worker of 2040 January 23, 2020 Looking back to 2000, it’s hard to imagine that anyone would have truly seen what was about to hit us, not just in our personal lives, but our professional ones too — from the invention of the smartphone and social media, to the humble USB stick. So, as we enter the next 20 years, CWJobs [...]
DEBATE: With reports that Jeff Bezos was hacked, is WhatsApp a viable place to do business? January 23, 2020 With reports that Jeff Bezos was hacked, is WhatsApp a viable place to do business? Yoav Keren, chief executive of BrandShield, says YES. Amazon boss Jeff Bezos appears to be the victim of a classic “spear phishing” attack. But while people might be alarmed that one of the richest and most high-profile people in the [...]
Bish bash Bosch: German giant gives £38m endorsement to UK fuel cell maker Ceres Power January 22, 2020 Ceres Power, the British fuel cell maker, got a £38m vote of confidence from German engineering giant Bosch this morning. The Aim-listed firm’s shares rocketed 12 per cent today on the announcement that Bosch had increased its stake in the company. Bosch increased its share in Ceres Power to 18 per cent, leaving the British [...]
Tesla becomes world’s second most valuable car maker at $100bn January 22, 2020 Tesla’s market capitalisation soared past the $100bn mark today as shares rallied, making it the world’s second most valuable car maker and putting chief executive Elon Musk in line for a big payday. Tesla shares have risen more than eight per cent today to hit an intra-day high of $594.48, pushing its market capitalisation up [...]
Wework sells software firm Teem as it slims down after float fiasco January 22, 2020 Wework today said it has sold management software firm Teem as the troubled coworking company offloads fringe businesses after its botched initial public offering (IPO) last year. The sale to digital workplace solutions provider iOffice came as Wework also offloaded its minority stake in coworking startup The Wing. Wework said the deals, whose values were [...]
Saudi Arabia was involved in Jeff Bezos phone hack, UN says January 22, 2020 Two UN officials have said that Saudi crown prince Mohammed bin Salman may have been involved in a plot to hack Amazon founder Jeff Bezos’ phone. Analysis commissioned by Bezos’ security team concluded that a Whatsapp message from Crown Prince Mohammed bin Salman included a malicious file that infiltrated Bezos’ phone. The UN special rapporteurs, [...]
Tax system gives tech giants ‘unfair advantage’, says Publicis boss January 22, 2020 Tech giants have an “unfair advantage” and a clampdown on the amount of tax they pay will help to level the playing field, the boss of Publicis has said. Maurice Levy, chairman of the French media giant, today said he did not believe it was fair that digital firms could benefit from infrastructure and consumers [...]
Sage reports strong revenue growth amid continued subscription momentum January 22, 2020 Software company Sage has reported strong revenue growth for the first quarter of the 2020 financial year, boosted by the performance of its software subscription business. Total group revenue at the Newcastle-headquartered company grew 6.7 per cent to £465m in the three months ending 31 December, with recurring revenue increasing 11 per cent year-on-year. Sage [...]