Tiktok inks licensing deal as it gears up for music streaming launch January 23, 2020 Tiktok has secured a licensing deal with a major music rights agency, marking a key step forward in the social media firm’s plans to launch a new rival to Spotify. The Chinese video app today said it has entered into a multi-territory partnership with Merlin, which represents tens of thousands of independent record labels. The [...]
Shares in AI specialist Blue Prism surge after revenue jumps January 23, 2020 Shares in Blue Prism, a London-based robotic automation specialist, jumped over 20 per cent today after the company reported an 83 per cent increase in revenue. Blue Prism’s revenue for the 12 months ending 31 October rose to £101m, up from £55.2m in 2019, with monthly recurring revenue (MRR) coming in ahead of expectations. The [...]
Microsoft chief executive calls for ‘data dignity’ at Davos January 23, 2020 The chief executive of Microsoft has called for “data dignity” and that data and privacy be thought of as a human right. Speaking at the World Economic Forum at Davos, Satya Nadella said: “Data dignity goes further than privacy. People’s data has a value.” It came as part of a discussion on technology and globalisation [...]
British officials recommend ‘limited’ 5G role for Huawei January 23, 2020 British officials have reportedly recommended granting Huawei a limited role in the UK’s 5G network, despite US calls for a complete ban over security fears. The recommendation was made at a meeting of senior government officials and security chiefs this morning, Reuters reported, citing people with knowledge of the matter. It comes ahead of a [...]
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 [...]