Google parent Alphabet ducks revenue estimates amid sexual harassment furore October 25, 2018 Alphabet edged below consensus estimates on revenue in its third quarter results tonight, despite profits rising higher than analysts anticipated. The Google parent firm’s share price fell more than four per cent in after-hours trading, as revenues hit $33.74bn (£26.3bn) in the third quarter compared with estimates of $34.02bn as collated by S&P Global Market Intelligence. [...]
Amazon misses sales estimates despite skyrocketing profits October 25, 2018 E-commerce giant Amazon missed consensus sales estimates as it reported its third quarterly earnings tonight, taking its share price down more than six per cent in after-hours trading. Net sales for the quarter rose 29 per cent year-on-year from $43.7bn to $56.6bn (£49.8bn), narrowly missing estimates of $57bn as collated by S&P Global Market Intelligence [...]
Royal Mint freezes plans for a gold digital currency on the blockchain October 25, 2018 The Royal Mint has suspended plans to launch a gold digital token, after the government blocked its attempt to list the asset on a cryptocurrency exchange. Royal Mint Gold (RMG) was first floated as a project to place digital tokens, similar to a gold-backed cryptocurrency, worth up to £1bn on a US-based trading platform run by CME in 2016. [...]
British Airways reveals a further 185,000 users affected in fresh data hack October 25, 2018 British Airways owner International Airlines Group today said an investigation into September's data breach has revealed a further 185,000 users had been affected in an earlier hack on its website. An internal investigation uncovered a second hack which showed the financial details of another 77,000 payment cards were potentially compromised, including their card number, expiry date [...]
European Parliament calls for a full audit of Facebook over its data breach track record October 25, 2018 The European Parliament has today called for a full audit to be carried out on Facebook to assess the security of its users' personal data and the firm's data protection policies, in light of this year's string of data breaches. MEPs have today adopted a resolution which urged Facebook to allow EU bodies to carry out [...]
Assassin’s Creed Odyssey review: Ubisoft’s vast Greek sandbox can’t live up to its spectacular setting October 25, 2018 Ubisoft’s Assassin’s Creed series has been around since 2007, drawing in audiences with its finely tuned mix of stealth, parkour, and open-world adventure, and sending them on a murdery tour through history. Previous games in the series have explored time periods as diverse as the Italian Renaissance, Victorian London, and everyone’s favourite part of history: [...]
Goldman Sachs-backed flexible working startup Coople raises $21m October 25, 2018 On-demand staffing startup Coople has today announced the close of its latest funding round at $21m (£16.3m), backed by One Peak Partners, Goldman Sachs Private Capital and Harbert European Growth Capital. Based in Zurich and in London, Coople's platform matches workers looking for flexible jobs based on their experience, star rating, location and availability with registered companies [...]
The remote working revolution is here to stay – more employers should embrace it October 25, 2018 Over a third of UK workers are still not given the option of working remotely, according to research by Totaljobs. But working from home is more than a frivolous perk. It can have a hard-hitting, positive impact on recruitment, an employer’s bottom line, the workplace, and an individual’s output. More than this, working from home [...]
Facebook fined maximum £500,000 penalty over Cambridge Analytica scandal October 25, 2018 Facebook must pay a £500,000 penalty for its role in the Cambridge Analytica scandal, the UK’s data watchdog ordered today. The Information Commissioner’s Office (ICO) has handed the social media giant the penalty for processing people’s data without their consent, as well as failing to keep that data secure. Read more: Facebook reels from the [...]
Deliveroo to update app with allergen information in wake of Pret crisis October 24, 2018 Food delivery startup Deliveroo has today said it is revamping its app with a new menu system which will allow restaurants to upload allergen information for every dish. London favourites such as Tortilla, Mildred's and Chipotle have signed up for the app's trial roll out in December, which will feature 30 brands that serve almost 300 sites. [...]