The lessons from the military that business leaders need to learn May 14, 2019 In today's business climate, you either embrace technology and establish it into the DNA of your company, or fall behind. However, investing in technology alone is not enough. Companies need to have the right talent to make everything sing. Effective, sustained technology skill development is key to ensuring that businesses not only keep up but [...]
UK becomes world’s top fintech hub as startups rake in £4.5bn May 14, 2019 The UK is the world’s top fintech hub with high-growth firms attracting more than £4.5bn in investment over three years, it emerged today. London continues to lead the country in attracting high-growth tech investment, receiving £9bn between 2015 and 2018, followed by Cambridge with £583m, according to a new report by startup body Tech Nation. [...]
Big tech must take the lead against hate May 14, 2019 Tech companies face stiff criticism for their inability to prevent extremism from spreading via their platforms. This became particularly evident after a gunman killed 50 people at two mosques in the New Zealand city of Christchurch back in March, with a live-stream of the attack shared widely on social media. As a result, a meeting of [...]
Honda leads £8.6m fundraising round in smart battery software firm Moixa May 14, 2019 Car maker Honda has led a completed £8.6m fundraising round for smart battery software company Moixa. The firm makes software managing energy storage systems, which can help make home energy systems and electric vehicle batteries more efficient, and recently partnered up with Honda at the Geneva Motor Show in March. The two plan to work [...]
Whatsapp hack: Tech giant urges 1.5bn users to update app after spyware discovery May 14, 2019 A huge flaw in Whatsapp enabled hackers to spy on some of its 1.5bn users’ devices, the tech giant has confirmed. Read more: Facebook taps London talent for its global Whatsapp payments drive The Facebook-owned company yesterday urged its 1.5bn users to update their apps to download a patch it released last Friday for the [...]
US Supreme Court rules against Apple in App Store antitrust dispute May 13, 2019 The US Supreme Court today gave the green light to a lawsuit on behalf of consumers, which accuses Apple of creating a monopoly on iPhone apps and forcing users to overpay with high commission fees. In a 5-4 ruling, the Supreme Court upheld a decision to allow the class action to proceed. The customers argued Apple's [...]
Uber IPO: Shares slide again on second day of New York trading May 13, 2019 Shares in Uber dropped as much as 10 per cent this afternoon on its second day of trading following a disappointing $82.4bn (£63.2bn) stock market debut on Friday. The ride-hailing giant’s stock fell to $37.22, dropping more than 17 per cent below its initial public offering (IPO) price of $45 per share. Read more: Uber braced [...]
Uber braced for second day of trading after IPO takes a wrong turn May 13, 2019 Uber is braced for its second day of trading on the New York Stock Exchange today after its shares veered off course in a disappointing initial public offering (IPO) on Friday. Shares in the lift-hailing giant closed down 7.6 per cent after its $82.4bn (£63.2bn) float failed to impress investors last week. Read more: Four [...]
Sexy suggestions and innuendo in ads: Does “sex sells” really help in marketing? May 13, 2019 We all know the old adage “sex sells” – the received wisdom that using sexual imagery and titillation can boost a brand and sell its products. But times have changed. Today, overt sexualisation in ads is rightly seen as a crude tactic, and marketers have changed their approach. Lynx body spray commercials no longer feature [...]
Tesla CEO Elon Musk faces trial over British diver ‘pedo’ tweet May 13, 2019 Elon Musk is set to face trial after calling a diver who helped rescue the Thai schoolboys trapped in a cave a ‘pedo’ in a tweet. Vern Unsworth is suing Tesla founder Musk after the billionaire called him a “pedo guy” on Twitter. Read more: Why Elon Musk now owes $507m to banks The Brit [...]