JD.com and other Chinese retailers slash iPhone prices in a bid to reverse poor sales January 11, 2019 Some of China's biggest retailers have dropped the price of older iPhone models following weak demand for the phones. iPhone resellers JD.com and Alibaba-backed Suning are among those to have cut the prices of the iPhone 8, 8 Plus and XR models by over a fifth in an attempt to boost sales. Read more: Apple issues profit [...]
Shareholders sue Alphabet board over allegations it was complicit in covering up sexual misconduct claims January 11, 2019 Shareholders have filed lawsuits against Google parent company Alphabet over allegations that the company covered up claims of sexual misconduct against top executives. In two lawsuits filed this week, investors claimed that Alphabet's board failed in its duties by not tackling harassment within the company, approving large payouts and acting to conceal allegations, according to Reuters. [...]
Global cyber attacks soar by 63 per cent in three years as criminals harness AI January 11, 2019 The number of significant cyber attacks has grown by more than 50 per cent in the last three years, with artificial intelligence increasingly being used as a cyber security threat, Linklaters has warned. A new report from the global law firm has revealed that there were 67 significant cyber incidents worldwide in January to October 2018, [...]
Facebook launches UK fact-checking programme to fight fake news January 11, 2019 Facebook today said it will roll out its fact-checking service in the UK to help deal with the fake news that has plagued its platform in recent years. The social media giant will work with fact-checking charity Full Fact to review and rate the accuracy of posts on its site. Facebook said the programme will [...]
Apple set to stick with LCD display for its new iPhone in the autumn January 11, 2019 Apple is reportedly planning to release three new iPhones in the autumn as it faces weakened demand in key markets for its top-selling handset. The new line-up will include a successor to the iPhone XR that will be a cut-price version of the device featuring an LCD screen, the Wall Street Journal reported. The XR has [...]
Google should be allowed to limit ‘right to be forgotten’, says EU court January 10, 2019 Search engines such as Google should be allowed to limit user requests to delete outdated or irrelevant search results to just those existing within the European Union, a preliminary opinion in the European Court of Justice found today. Established in 2014, the so-called right to be forgotten requires Google and others in Europe to accept and review [...]
Revolut rival digital bank N26 lands $300m funding round, becoming Europe’s most valuable fintech startup January 10, 2019 Digital banking startup N26 has closed the biggest funding round in European fintech in recent years, valuing the Monzo and Revolut challenger at $2.7bn (£2.1bn). The Berlin-based fintech, which offers a current account and debit card through its mobile banking app, has raised $300m in a series D round led by US venture capital firm Insight Venture Partners. [...]
EU banking watchdog calls for fresh cryptoassets regulation January 10, 2019 New rules may be needed to stop existing regulation on cryptocurrencies and digital assets from getting too diverse across the European Union, the bloc's banking watchdog said yesterday. Cryptoassets such as bitcoin, ether and tokens created in initial coin offerings (ICOs) typically fall outside of the scope of EU financial legislation, which makes it hard to [...]
Elon Musk says the next Tesla Roadster will be a flying car January 10, 2019 Billionaire entrepreneur Elon Musk is about to combine the efforts from his two biggest companies to tackle one of technology's greatest challenges: building a flying car. The Tesla chief executive said on Twitter late last night that the firm's next Roadster vehicle will be able to hold itself in mid-air, as well as travel both vertically and [...]
From smart nappies to dog toilets, here’s the latest (and weirdest) tech from CES 2019 January 10, 2019 January is a month for reflecting on the past, typically while nursing a war torn liver and a perilously diminished bank balance. But it’s also the time of year for looking forwards, and at the annual CES trade show in Las Vegas, the world’s biggest tech companies convene to reveal their upcoming gadgets and bizarre [...]