The future of justice depends on fixing the forensic science crisis May 13, 2019 Forensic science is a compelling piece of the puzzle in most crime dramas. We are fascinated by it, and rightly so – what science enables us to detect has transformed how we reconstruct criminal events, whether using digital information like phone data and automated recognition technologies, or detecting DNA traces that often go unnoticed. And [...]
DEBATE: Is the term ‘fintech’ becoming redundant? May 13, 2019 Is the term ‘fintech’ becoming redundant? Rhys Powell, UK managing director at EBO.ai, says YES. It’s true that the fintech revolution has brought about positive business change, but to stay relevant in today’s modern business world, all financial organisations have had to harness the power of technology. As such, it’s now almost impossible to define where general [...]
Inmarsat shareholders approve $3.4bn private equity takeover deal May 10, 2019 Inmarsat’s shareholders approved a $3.4bn (£2.58bn) private equity takeover today despite 21 per cent of investors attempting to vote down the deal. Read more: Inmarsat profit falls ahead of $3.4bn takeover The takeover of the British satellite operator is the second largest public-to-private deal ever in the UK, bringing an end to talks that began [...]
Uber shares debut on New York Stock Exchange in $82.4bn IPO May 10, 2019 Shares in ride-hailing giant Uber began trading on the New York Stock Exchange today, after the firm priced its stock at the lower end of its target range. Uber priced its initial public offering (IPO) at $45 per share after setting a range of between $44 and $50. Read more: Uber's float is a huge [...]
Chinese retail giant JD.com hits record quarterly profits to beat expectations May 10, 2019 Chinese e-commerce behemoth JD.com exceeded estimates for its first quarter earnings this year, up 20.9 per cent on the same period in 2018 with record-breaking quarterly profits. The tech giant recently cut staff and wages in a bid to increase profitability and saw revenue grow to Rmb121bn (£13.8bn) for the quarter up until 31 March 2019. [...]
Shut it, Siri: Most of us are really rude to our smart speakers May 10, 2019 The majority of people using smart speakers in the UK are rude to the devices designed to help them, a new study has revealed. The virtual assistants can relay information about the weather, latest news, traffic and a lot more, and are now used by 11 per cent of Britons – and counting. Read more: Jeff [...]
Amazon founder Jeff Bezos unveils plans to send a Blue Origin rocket to the moon by 2024 May 10, 2019 Amazon owner Jeff Bezos has unveiled plans to send a spaceship to the moon by 2024 in his latest attempts to become a leader in space exploration. An unmanned rocked, called Blue Moon, will be around the size of a house, and carry four rovers and other scientific equipment to the moon, he said. Bezos, who [...]
DEBATE: In light of the latest study, have we overreacted about the effect of social media on teenagers? May 10, 2019 In light of the latest study, have we overreacted about the effect of social media on teenagers? Kevin Craig, chief executive and founder of communications agency PLMR, says YES. While the discussion about the impact of social media on young people has been a hot topic at the school gates over recent years, we parents have [...]
Uber’s float is a huge gamble on the future of transport May 10, 2019 Every time you jump into an Uber, your ride is essentially subsidised by venture capitalists who prop up the loss-making outfit in the hope of riches down the road. Later today in New York, many more hopefuls will get the chance to back the immensely-popular-yet-controversial tech firm when it finally comes to market. Similarly [...]
Uber prices at the bottom of its IPO range to be valued at $82.4bn May 9, 2019 Ride-hailing giant Uber has priced its initial public offering at $45 per share, landing at the lower end of its targeted range to raise $8.1bn (£6.2bn) in a Wall Street flotation on Friday afternoon . The pricing assigns Uber a valuation of $82.4bn, significantly lower than the $120bn valuation predicted by its investment bankers last [...]