Snap loses its second finance chief in less than a year, following a string of executive exits January 16, 2019 The chief financial officer of Snap is to resign after spending less than 12 months in the role, sending the social media platform's share price down more than eight per cent in after-hours trading. Tim Stone, who joined Snap from Amazon in May, is only the latest executive to leave the parent company of photo-sharing [...]
London fintech startup Jaja Finance picks up £5m with a boost from Celeres January 16, 2019 Credit card fintech startup Jaja Finance has today confirmed the final close of its £3.5m crowdfunding round, boosted by an additional £1.5m from Celeres Investments. The £5m intake adds to an earlier £4.4m raised in seed funding last year, backed by Blystad Group and Pollen Street Capital among others. More than 1,000 private investors took [...]
Netflix shares rise as subscribers face an 18 per cent price hike January 15, 2019 Netflix has said it will be raising the prices of its streaming services for US subscribers by as much as 18 per cent, as the tech giant seeks to cover the costs of ploughing heavy investment into its original content. Prices for its most popular standard viewing plan, which allows users to stream content on [...]
Huawei founder Ren Zhengfei rejects spying claims as daughter faces US extradition January 15, 2019 Huawei founder Ren Zhengfei today refuted claims the Chinese government is using his company to spy on foreign rivals. “I love my country, I support the Communist Party. But I will not do anything to harm the world. I don’t see a close connection between my personal political beliefs and the businesses of Huawei,” Ren [...]
The rise of digital tech innovation will drive sports revenue boom, report states January 15, 2019 The global sports industry is on the brink of “unprecedented commercial growth” as digital technology innovation kicks in, according to a new report. Broadcasters, rights holders and sports organisations are set to see a huge boost in revenues thanks to the rise of new tech such as streaming platforms, esports and virtual reality (VR), a [...]
Facebook to invest $300m into local news around the world January 15, 2019 Facebook has said it will commit a further $300m (£233.5m) in funding for local news publishers globally over the next three years, with the first round destined for a selection of US organisations. The investment will be separated into two broad segments – supporting journalists and publishers in gathering news, and helping those newsrooms to [...]
Throw the cyber skills rulebook in the bin and teach trainees to think like hackers January 15, 2019 How should businesses train the nation’s next generation of digital defenders? With the national cyber security strategy due to be updated this year, this should be a pressing issue for the UK government. As the cyber threat grows, so too must our capabilities to defend against it. But at the moment, the industry is fighting a [...]
Company reveals a Braille e-reader to improve access to books for blind people January 14, 2019 A British company is set to launch an e-reader for blind people with the aim of making digital Braille books a practical alternative to their bulky print counterparts. Bristol Braille Technology spent six years developing the Canute 360, which it hopes will make Braille e-books “affordable, practical and enjoyable”. Read more: CES 2019: The world’s [...]
Spyro Reignited Trilogy review: The purple dragon with attitude is back January 14, 2019 Back in the late 1990s Spyro, the purple dragon with a bad boy attitude, aspired to be the next Mario or Sonic. Though he never reached the same heights of mascot fame, he was beloved by fans and has at least done enough to earn this remastered edition for nostalgia junkies. With the Spyro Reignited [...]
Fallout 76 review : Bethesda fails to cram multiplayer into the long-running RPG series January 14, 2019 Fallout 76, the latest in the long-running series of RPGs, is the answer to a question no-one was asking: what if it was multiplayer? In the new release, you play as a member of a nuclear bomb shelter sent out to reclaim post-apocalyptic America. You explore Appalachia (a reimagined West Virginia) and scavenge the wasteland [...]