Chinese ride-hailing app Didi Chuxing expands into fintech as driver regulation rears its head January 2, 2019 Chinese ride-hailing app Didi Chuxing has expanded into financial services, as fresh domestic regulation threatened to put a dampener on its driver numbers. The firm has today launched a suite of financial products, including crowdfunded health insurance, wealth management and lending, all aimed at short-term workers on temporary contracts. The move comes after Didi announced a [...]
Tesla shares fall as it cuts car prices and misses production estimates January 2, 2019 Shares in Tesla have fallen more than 10 per cent as markets opened this afternoon, after the electric vehicle manufacturer said it would be cutting the prices of its cars by $2,000 (£1,586). The carmaker was forced to partially absorb the cost of changes to a US green tax credit for electric vehicles, which almost halved yesterday to [...]
Android apps send user data to Facebook without consent, report shows January 2, 2019 Almost two dozen popular Android apps automatically send user data to Facebook as soon as they are opened in a potential breach of data protection laws, a new report by Privacy International has revealed. An analysis of 34 Android apps showed 61 per cent of apps automatically transfer data to Facebook, even if the user [...]
Back to the future: UK scientists complete testing of AI-powered autonomous Mars robot January 2, 2019 To boldly go where no other robot has gone before, the UK Space Agency have finished testing a Mars rover that will be able to make its own decisions on where to explore, enabling it to travel much further than existing robots. The Martian robot will use artificial intelligence (AI) software, developed by researchers at King's College London [...]
Playtech pays €28m to settle Israeli tax audit after shares shaken by Italy gambling tax January 2, 2019 Betting software firm Playtech has agreed to pay €28m (£25.2m) to settle a run-in with Israeli tax authorities. Israel had audited the company’s accounts between 2008 and 2017, with the additional tax payment covering this period. The company will face no penalties once it makes the payment in the next 30 days. The news comes shortly [...]
Musk’s Space X finally launches first US national security space mission December 23, 2018 A Space X Falcon 9 rocket successfully launched in the US this afternoon, after four successive failed attempts to carry out the company's first national security space mission. The rocket, which was carrying a satellite worth roughly $500m (£393.7m) built by Lockheed Martin, blasted off from Florida just before 2pm GMT. The satellite's launch was initially planned [...]
China rebuffs accusations of major cyber hacks on UK and US December 21, 2018 China has said it strongly opposes "slanderous" accusations made by foreign secretary Jeremy Hunt, the US and other nations, which criticised the country for utilising cyber hacks for "economic espionage". The UK government yesterday said a group known as APT 10 acted on behalf of the Chinese Ministry of State Security to carry out a "malicious" cyber [...]
Delivery Hero sells off German operations in €930m deal December 21, 2018 The world's biggest online food delivery firm Delivery Hero has agreed to partially sell its operations in Germany to Dutch rival Takeaway.com, in a deal valued at €930m (£838.3m). The tie-up includes businesses owned by Delivery Hero in the region, including Deliveroo-style app Foodora, Lieferheld and Pizza.de. It brings to an end the expensive battle for dominance of [...]
Super Smash Bros Ultimate review: A stylish Switch brawler, and a comprehensive celebration of the series December 20, 2018 The Super Smash Bros series has been around since the halcyon days of the Nintendo 64, which launched – you might want to sit down for this – 20 years ago. The original starred characters from a bunch of disparate Nintendo games beating seven shades of shandy out of one another, and as the series [...]
Twitter shares slide as company dubbed ‘Harvey Weinstein of Social Media’ December 20, 2018 Shares in Twitter are down 12.6 per cent as the social media giant heads towards for its biggest one-day fall in nearly five months. It comes after a report from Citron Research said the technology company “has become the Harvey Weinstein of Social Media”, following a damning Amnesty International study. The human rights charity said on [...]