US authorities file criminal charges against Huawei for defrauding banks and corporate espionage January 28, 2019 The US Department of Justice has filed criminal charges against China's largest smartphone maker Huawei, alleging the firm stole trade secrets from US rival T-Mobile and defrauded banks into violating sanctions against Iran. In a 13-count indictment, US prosecutors alleged Huawei, two of its affiliated companies and its chief financial officer committed wire fraud, obstruction [...]
Former Virgin Money chief Jayne-Anne Gadhia hunts for investors in new tech startup January 28, 2019 The former head of challenger bank Virgin Money is to set up her own fintech startup, designed to save consumers money on their household bills. Dame Jayne-Anne Gadhia has approached several investors regarding a new company called Snoop, which will take advantage of Open Banking rules to utilise data about customers' spending habits, according to reports [...]
Facebook tightens ad rules for EU political parties ahead of elections January 28, 2019 Facebook plans to toughen up rules surrounding paid political advertising in order to prevent foreign interference in elections. In his first public appearance since winning the job in October, former UK deputy prime minister and now Facebook global policy chief Sir Nick Clegg told reporters in Brussels today that Facebook will require political parties to [...]
A year in YouTube – the marketing lessons to learn from 2018 January 28, 2019 As we begin 2019 in earnest, it is important to reflect on some of the marketing lessons that last year provided. For YouTube, 2018 presented an opportunity for us to demonstrate how we used a combination of human review and machine learning to address some of the challenges that we had with ensuring that ads [...]
Nvidia slashes its fourth quarter guidance, sending its shares into a downward spiral January 28, 2019 Chipmaker Nvidia has cut its fourth quarter revenue estimate by $500m (£379.7m) after its performance in China slowed, causing its share price to spiral down more than 18 per cent. Chief executive Jensen Huang said the firm had suffered an "extraordinarily, unusually turbulent and disappointing quarter", as Nvidia forecasted revenue of $2.2bn for the quarter ending in [...]
Google and IAB hit with fresh complaints over ‘intimate’ user profiling for adverts January 28, 2019 New evidence emerged today outlining the extent of Google’s collection of ‘intimate’ user data amid a pan-European legal complaint against the tech giant. Mental health, infertility, sexual orientation and religious beliefs are among the categories attached by Google to internet browsers to be used in real-time ad auctions. Read more: Google hit with €50m fine by [...]
UK fintech Featurespace raises £25m in latest funding round led by Insight Venture Partners and Mission OG January 28, 2019 UK fintech firm Featurespace, a software company that specialises in behavioural analytics, has raised £25m in a funding round led by Insight Venture Partners and Mission OG. The funding, which is the largest amount the firm has raised to date, will be used to aid Featurespace’s international expansion and the development of the company’s artificial intelligence-led software. Featurespace, which currently [...]
Apple Watch Series 4 review: How Apple’s timepiece finally became a ‘must buy’ gadget January 25, 2019 In the almost four years since the first Apple Watch launched, many have come to see it as the weak link in the company’s portfolio. While iPhones have sold in record numbers, Apple has declined to release official sales figures for its timepiece, and initial excitement over the futuristic new category was at risk of [...]
London startups take the lead in Tech Nation’s fourth Upscale accelerator January 25, 2019 City startups have landed more than two thirds of the places available on Tech Nation’s fourth Upscale acceleration programme, beating out over 100 applicants. The digital entrepreneur network, which also runs a fintech accelerator backed by the Treasury, has selected 30 startups as “ones to watch” in 2019. The fast-growing tech firms will enter the programme’s [...]
London-based AI and emerging technology festival bags HSBC as lead sponsor January 25, 2019 An upcoming London-based festival of artificial intelligence, blockchain and emerging technologies has named global banking giant HSBC as its lead sponsor. CogX 2019, which takes place at the start of London Tech Week from 10-12 June, will also move to King’s Cross this year, and will feature 500 speakers, 300 startups and more than 15,000 [...]