FDM Group taps Tech UK chair Jacqueline de Rojas to join board September 25, 2019 Recruitment firm FDM Group today said it has appointed tech titan Jacqueline de Rojas as a non-executive director. Read more: London overtakes New York to steal global fintech investment crown De Rojas, who is president of trade associations Tech UK and Digital Leaders, will join the board of the FTSE 250 firm from the beginning [...]
Google refuses to pay European publishers for news story previews September 25, 2019 Google will not pay European news publishers to show previews of their content in its search results, the tech giant has revealed. In a blog post published today, Google said its news search service in France will only display previews of articles when the publisher has given permission for it to be used for free. [...]
Microsoft issues emergency security fix for Internet Explorer September 24, 2019 Microsoft has released an emergency patch for its ageing Internet Explorer browser to fix a bug that hackers have used to exploit web users. Read more: Microsoft invests $1bn in Elon Musk’s Open AI The US tech giant warned users that cyber thieves could use the bug to take over people’s devices and install malware. [...]
Softbank executives bristle at Vision Fund investment scheme September 24, 2019 Some executives at Japanese technology titan Softbank have reportedly expressed concerns about an incentive scheme whereby employees can take out large personal loans to invest in the group’s Vision Fund. The investment scheme is designed to align the interests of employees with the $97bn technology fund, but the Financial Times reported the scheme is described [...]
Google advertising overtakes rival Facebook in app downloads market September 24, 2019 Adverts on Google now drive more app downloads than adverts on Facebook, marking the first time the search giant has overtaken its Silicon Valley rival. Google has increased its share of the app installation sector eightfold in the last five years and is now the largest player in the app marketing space, according to marketing [...]
Canada denies wrongdoing during arrest of Huawei finance chief September 24, 2019 There is no evidence that officials acted improperly during the arrest of Huawei chief financial officer Meng Wanzhou, the attorney general of Canada has said. The statement came in a filing made public last night, as Meng and her lawyers appeared in the British Columbia Supreme Court in Vancouver. Read more: Huawei CFO’s arrest to [...]
Blockchain startup Everledger raises $20m in funding round led by Tencent September 24, 2019 UK-based blockchain startup firm Everledger has raised $20m (£16m) in a series A funding round led by Chinese investment firm Tencent. Everledger also received backing from startup funder Graphene Ventures and Fidelity Investments. Read more: Santander issues first end-to-end $20m blockchain bond Founded in 2015 by Australian business woman Leanne Kemp, Everledger uses blockchain technology [...]
EU Court hands Google victory in right to be forgotten case September 24, 2019 Google combed home a win today as it battled a French demand that it extend European right to be forgotten laws across the world. Europe’s top court said that the search giant is not obliged to remove sensitive personal data worldwide. Read more: Google should be allowed to limit ‘right to be forgotten’, says EU [...]
School recruitment platform raises £5.6m Venture Capital funding September 24, 2019 A digital staffing platform for teachers has raised £5.6m in a Series A funding round in a bid to tackle teacher shortages. Zen Educate is designed to be a cost-saving alternative to recruitment agencies for schools, and is currently works with 10 per cent of schools in London. Read more: London design startup Papier picks [...]
Google’s ‘quantum supremacy’ claim does not compute, rivals say September 23, 2019 Google’s rivals have cast aspersions on claims that the tech giant has achieved a major milestone in quantum computing. Researchers at Google last week claimed to have built a quantum computer capable of performing calculations far beyond the abilities of current supercomputers, an achievement known as quantum supremacy. Read more: Google plugs €3bn into European [...]