ii view: Microsoft results put shares in the clouds July 19, 2019 | City Talk By Keith Bowman from interactive investor. Technology behemoth Microsoft is now far more than Windows and Word, evidenced by latest results. Fourth-quarter results ending 30 June 2019 Revenue up 12 per cent to $33.7 billion Operating income up 20 per cent to $12.4 billion Returned $7.7 billion to shareholders Chief executive Satya Nadella said: “It was a record [...]
Israeli security firm NSO denies Whatsapp spyware can hack data from Google Cloud, iCloud and Facebook July 19, 2019 Israeli cyber security company NSO has denied telling customers that its Whatsapp-hacking spyware is capable of hacking people’s data from the servers of Apple, Google, Facebook, Amazon and Microsoft. NSO’s smartphone malware, named Pegasus, has been used by governments for a number of years to spy on specific individuals and how they use their smartphones, [...]
Britbox: BBC and ITV reveal pricing for new streaming service July 19, 2019 BBC and ITV have joined forces for a new streaming service to rival the likes of Netflix. The two broadcasters outlined their plans this morning for Britbox, a new subscription offer that would charge customers £5.99 per month. Read more: Four ways Netflix can rediscover its chill Ahead of a planned launched between October and [...]
DEBATE: Has any technological development in the last 50 years matched the magnitude of the moon landing? July 19, 2019 Has any technological development in the last 50 years matched the magnitude of the moon landing? Ivan Mazour, chief executive and founder of AI-powered customer retention platform Ometria, says YES. When asked about the greatest innovation of the past century, would many of us point to the moon landing? A feat remarkable, yes, but unrepeated [...]
MPs: Next Prime Minister should make Huawei 5G decision ‘a matter of priority’ July 19, 2019 MPs have urged the next Prime Minister to decide whether to include Chinese tech giant Huawei in future 5G networks as a matter of priority. In a report published this morning, the Intelligence and Security Committee (ISC) said the matter is “damaging the UK’s international relationships”. Read more: UK’s approach to Huawei makes no sense, [...]
Inmarsat bidders look to appease government ahead of $3.4bn takeover July 18, 2019 The private equity firms behind a $3.4bn (£2.6bn) bid for Inmarsat have agreed a number of undertakings with the government over the future of the satellite firm’s UK operations. Read more: Competition watchdog to probe $3.4bn Inmarsat takeover The consortium, led by Apax Partners and Warburg Pincus, said it will guarantee that the majority of [...]
Netflix loses its chill: Four ways the streaming giant can recover July 18, 2019 Netflix shares dropped roughly 11 per cent when Wall Street opened today, as bleary-eyed investors reacted to a disappointing set of second-quarter results. The streaming firm posted a 26 per cent rise in revenue to $4.9bn (£3.9bn), but added just 2.7m worldwide subscribers, well below its 5m forecast. Read more: Netflix to open huge UK [...]
EU fines Qualcomm €242m for ‘crushing’ 3G competitor July 18, 2019 Chipmaker Qualcomm must pay €242m for abusing its market dominance to crush a competitor in the 3G market, the EU ruled today. The European Commission said Qualcomm used its iron grip on the chip market to force Icera out of the sector in a breach of antritrust rules. Read more: Apple settles landmark $27bn legal [...]
Qualcomm braced for second EU antitrust fine July 18, 2019 US chipmaker Qualcomm is said to be facing a second fine from EU competition regulators for blocking a rival from the market more than a decade ago. The EU competition commission opened a probe into the company in 2015 for its alleged use of “predatory pricing” designed to force out UK rival Icera between 2009 [...]
The next moon landings will spur giant leaps here on Earth July 18, 2019 This week, we celebrate 50 years since Apollo 11’s first landing of humans on the moon – one of humanity’s greatest achievements. The technologies born of the Apollo missions shaped life on Earth in more ways than we often recognise through inventions we use every day. This anniversary is about more than where we’ve been [...]