EE will beat Vodafone to become first UK provider to launch 5G – without Huawei devices May 22, 2019 EE will be the first UK network to introduce 5G, it confirmed today, as it is set to roll out the new technology to cities from 30 May. Read more: Nokia could benefit from Huawei saga, says chief executive It means the provider will beat Vodafone’s launch date of 3 July. EE will switch on [...]
Transferwise becomes Europe’s most valuable fintech at $3.5bn valuation May 22, 2019 Money transfer service Transferwise today announced the completion of a $292m (£230m) share sale, making it Europe’s most valuable fintech company at $3.5bn. Read more: UK named world's top fintech hub as startups rake in £4.5bn Existing investors Andreessen Horowitz and Baillie Gifford expanded their holdings in Transferwise, while investment was also provided from funds [...]
Malevolent superintelligence? That’s science fiction, not reality May 22, 2019 In Stanley Kubrick’s 2001: A Space Odyssey, HAL 9000 was an all-knowing robot that decided to destroy a spacecraft and its crew. Naturally enough, the crew didn’t care for this. The film was an important crossover moment from science fiction to science fact. Many who saw HAL came to believe that there are indeed such computers [...]
Will Amazon’s Deliveroo stake improve its luck in the UK? May 21, 2019 Online retail giant Amazon has made a large investment in food courier Deliveroo, taking a stake in the startup’s latest £450m fundraising round. Amazon has attempted to enter the food delivery market before with Amazon Restaurants UK, which was shut down last year. Amazon also runs Prime Pantry, a service allowing Prime members to order [...]
Nokia could benefit from Huawei saga, says chief executive May 21, 2019 Nokia could benefit from the US crackdown on Huawei as global telecoms firms race to roll out 5G, the company’s chief executive has said. “Perhaps there is long term opportunity but more than that, it’s hard to say at this point,” Rajeev Suri told investors, according to Reuters. Read more: Huawei accuses US of bullying [...]
Huawei accuses US of bullying as it fights back against Google ban May 21, 2019 Embattled Chinese tech firm Huawei has accused the US of “bullying” and said it is working with Google to fight back against potentially crippling trade restrictions. US President Donald Trump last week signed an executive order adding Huawei to a trade blacklist and effectively banning American firms from doing business with the company. Read more: [...]
Firms must be more open about cyber attacks, says Fidelity International boss May 21, 2019 Companies must put competition aside and take a more collaborative approach to fighting cyber crime, a top asset management boss has said. Fidelity International chief executive Anne Richards urged firms to be more open in sharing information about cyber attacks in a bid to minimise future threats. Read more: Don’t let trust become the next [...]
Don’t let trust become the next plaything of the cyber criminals May 21, 2019 The last 200 years have been a whirlwind of technological invention. Aeroplanes have allowed us to transcend borders, MRI scanners have enabled us to explore the innermost workings of our brains, and the internet has put the world at our fingertips. Our dependency on connected services is more extreme than ever, but between the Cambridge Analytica [...]
Want to spark an e-scooter revolution in London? Ditch the language of conquest May 21, 2019 When Germany’s politicians gave electric scooters the green light last Friday, they instantly created Europe’s largest market for this new mode of transport, while making Britain the last remaining major country in the continent not to approve e-scooters for use on roads. Pressure is now mounting on British politicians to overturn the ban on e-scooters, [...]
No slacker: Messaging app Slack targets $196.5m in New York Stock Exchange float May 21, 2019 Work messaging app Slack expects to net $196.5m when it goes public on the New York Stock Exchange in the next few weeks. Read more: Slack files for IPO: Everything you need to know The collaboration firm, which changed its stock ticker from ‘SK’ to ‘WORK’ yesterday, will float nearly 117m shares on the stock [...]