Google employee who led walkout leaves firm following retaliation claims July 16, 2019 Google employee Meredith Whittaker, who led global staff walkouts over the tech giant’s sexual harassment policy, has left the company following allegations of a backlash against the protest’s organisers. Read more: Google workers listen in on private conversations via smart speakers Whittaker, who specialised in AI and founded the company’s Open Research Group, was a [...]
Facebook launches crackdown on scam ads following Martin Lewis lawsuit July 16, 2019 Facebook has launched a new tool to fight fake adverts on its platform following a lawsuit filed by money saving guru Martin Lewis. Lewis, who founded personal finance website Money Saving Expert, sued the social media platform last year over fake Facebook adverts that used his name and image. Read more: Facebook to be slapped [...]
Symantec shares plummet as Broadcom deal talks ‘break down’ July 15, 2019 Symantec shares have plummeted in pre market trading after reports negotiations over a possible takeover by chip-making giant Broadcom had broken down. The US-listed firm’s stock fell 14 per cent before markets opened this afternoon. Symantec shares had surged earlier this month after it emerged Broadcom was close to acquiring the security software company. But [...]
No technological grounds for ban on Huawei, say MPs July 15, 2019 There is no reason to ban Chinese tech firm Huawei from the UK’s 5G network on technological grounds, a committee of MPs has concluded. In a letter to culture secretary Jeremy Wright, the Science and Technology Select Committee said there were no technical grounds for excluding Huawei entirely from critical infrastructure. Read more: US firms [...]
Recipe box company Gousto secures £30m funding July 15, 2019 Recipe box delivery company Gousto has secured £30m in a funding round led by London private equity firm Perwyn. Gousto will use the investment, which takes its total funds raised to more than £100m, to develop artificial intelligence technology. Read more: Gousto cooks up £18m funding and signs up body coach Joe Wickes The company [...]
Bitcoin continues to tumble after central banks attack Facebook’s Libra coin plans July 15, 2019 Bitcoin fell over 10 per cent over the weekend following criticism of Facebook’s proposed digital currency from powerful figures including US President Donald Trump and chair of the Federal Reserve Jay Powell. Read more: Trump dismisses bitcoin, saying cryptocurrencies aren’t money The world’s largest cryptocurrency had rebounded slightly to $10,344 shortly after 11am UK time [...]
US firms ‘could restart Huawei sales in two weeks’ July 15, 2019 The US may allow companies to resume sales to Chinese tech firm Huawei in as little as two weeks, according to reports, in a sign the easing of President Donald Trump’s crackdown could come into effect quickly. Trump has added Huawei to a trade blacklist, effectively banning American firms from doing business with the controversial [...]
Micro Focus chairman dumps £11.6m in shares July 15, 2019 The chairman of Micro Focus has cashed in around £11.6m worth of shares in the British IT firm, saying he wants to “diversify” his portfolio. Read more: Micro Focus boosts profit margin but revenue stalls Kevin Loosemore has sold 650,000 shares – approximately half his stake – to invest the cash elsewhere. “Until now, all [...]
Debate: Will the British Airways GDPR fine have a bigger impact than the Cambridge Analytica scandal? July 15, 2019 In financial terms the British Airways fine is a serious step-change in consequence
Data breach reports soar since GDPR, as firms fear mammoth watchdog fines July 15, 2019 The number of whistleblower reports to the information commissioner over data breaches have jumped 175 per cent since GDPR came in, according to research. People have become more vigilant about the handling of personal data, and more likely to report potential breaches, since the regulations were introduced in May 2018 according to law firm RPC. [...]