Twitter profits triple as it reaps rewards of crackdown on harmful content April 23, 2019 Shares in Twitter rose more than 16 per cent today after the social media platform posted a threefold increase in first-quarter profits. Read more: Twitter boss Jack Dorsey was paid just $1.40 in 2018 The figures Revenue grew 18 per cent year-on-year to $787m (£605m) in the three months to the end of March. Net [...]
Why Vodafone is still backed to hit 250p April 23, 2019 | City Talk By Graeme Evans from interactive investor. Some sense a shift in the balance towards more favourable news at the start of the new financial year. Despite a fruitful start to 2019 for most FTSE 100 index stocks, the mood of many investors will have been tempered by further uncertainty over the prized dividend at Vodafone [...]
Elon Musk predicts Tesla will launch a robotaxi service in 2020 April 23, 2019 Elon Musk has promised Tesla will be able to produce so-called robotaxis with no human drivers in parts of the US as soon as next year. Read more: Tesla investigating incident of car catching fire in Shanghai In a webcast ahead of the firm’s quarterly results this week, the outspoken chief executive said its driverless [...]
Leaving the legacy behind: Meet the tech company that could put a stop to the banks’ IT failures April 23, 2019 IT meltdowns are becoming dangerously common among the big banks. According to Which, at least one British bank suffered an IT failure every day during the last nine months of 2018. TSB’s outage last year, which left 1.9m customers locked out of their accounts and cost the bank £330m, demonstrates how catastrophic these IT issues can [...]
We are at the big data frontier – we’re going to need some rules April 23, 2019 We create data all the time, even if we don’t realise it. Whether from social media use, video-watching habits, satellite images, traffic flows, or location data from smart devices, companies are increasingly able to use this information to extrapolate trends and capitalise on behaviour patterns. This has driven change across many industries, but it’s of [...]
Humans aren’t just a mess of words and numbers – so why are our passwords? April 23, 2019 Protecting your identity used to be straightforward. You had your computer on your desk in front of you. Content was restricted to you alone, and all you needed was a key card and a one-time password. Then 30 years ago, the World Wide Web was born, and everything became a lot more complex. Since then, the [...]
Samsung Galaxy Fold: Tech giant delays launch date after review issues for foldable phone April 23, 2019 Samsung is reportedly recovering all review samples of its latest smartphone, the Galaxy Fold, after complaints of faulty screens led it to postpone the device’s launch. The foldable phone’s offficial release was due on 26 April in the US but some journalists who received the device to review said it showed evidence of breaks, broken [...]
Cyber attacks mount but readiness levels wane April 23, 2019 Global corporate defences against cyber attacks have shown no improvement despite the losses from such incidents soaring, according to new findings from insurance giant Hiscox. Read more: Cybersecurity firm Avast reports boosted revenue growth More than three out of five firms across seven countries reported one or more attacks in the past 12 months, but [...]
Millions use 123456 as a password, UK spy study finds April 21, 2019 It’s 2019, but millions of Brits are still using simple passwords that could easily be hacked. A survey carried out by the National Cyber Security Centre (NCSC) revealed more than 22m people across the UK used 123456 as a password, making it the most common password used for breached accounts. Read more: Government urges businesses [...]
Amazon to close its online store in China after failing to gain a foothold April 18, 2019 Amazon is set to close its online in store in China after failing to gain a real foothold in the country where JD.com and Alibaba reign supreme. The e-commerce giant will shut its operations in China down from 18 July, it announced today. Read more: Unilever shares rise on first quarter sales growth Rivals JD.com [...]