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. [...]
Daimler and Volvo-owner Geely to build a luxury Uber rival in China October 24, 2018 Chinese carmaking group Geely has partnered with German manufacturer Daimler to form a joint venture that will see the two firms launch a premium ride-hailing service in China. The deal will create a new rival to local firm Didi Chuxing, which dominates the market with 217m users last year after merging with Uber China in 2016. [...]
Apple chief Tim Cook calls for GDPR-style privacy in the US October 24, 2018 Apple chief executive Tim Cook praised EU privacy laws in a rare speech in Brussels today, and demanded that the US follow its lead. Appearing at an international data protection conference, Cook said it was "time for the rest of the world" to get up to speed on data privacy with the EU's General Data Protection [...]
Workplace monitoring is not a scary Big Brother, but a way to protect your business October 24, 2018 Picture this: an incident occurs in your organisation and your trade secrets are exposed to competitors and the media. The ensuing scandal means senior executives resign, the share price drops, employee morale falls, and eventually jobs are put at risk. This is not the stuff of TV thrillers, but is happening with increasing regularity to organisations [...]
DEBATE: With new research showing Manchester’s rapid growth, is the capital’s tech bubble bursting? October 24, 2018 With new research showing Manchester’s rapid growth, is the capital’s tech bubble bursting? Dominic Harvey, director at CWJobs, says YES. London may steal all the headlines, but as Tuesday’s figures show, Manchester is becoming an ever more dominant force for the tech sector – and the race to secure the UK’s top talent is really [...]
A ray of light in these dark days: Living standards have risen far more than we think October 24, 2018 The media seems full of gloom at the moment. Chaos over Brexit, Saudi Arabia, potential nuclear escalation between the US and Russia – you name it, people are worried about it. A ray of light is shone – an apt phrase as you will see – by the work of Bill Nordhaus, a Yale economist [...]
In the smartphone market, where there’s a will, there’s Huawei October 24, 2018 Chinese phonemaker Huawei has made strong inroads into Europe in the last couple of years, which we can see in steadily rising brand awareness and opinion data. The company is firmly established in China but has worked hard to gain a foothold in Europe. YouGov BrandIndex data shows that far more people are familiar with [...]
Deutsche Bank poaches Bank of England cloud specialist in tech expansion October 23, 2018 Deutsche Bank today confirmed it has hired a former IT head at the Bank of England to lead its cloud platforms effort, as the German lender seeks to cut costs by transitioning its business to run on more efficient technology. Global transaction banking digital head Thomas Nielsen told staff in an email that Deeptasree Mitra will [...]
Tesla shares rise after short-seller reverses opinion to predict long-term success October 23, 2018 Tesla's share price rose almost seven per cent this afternoon, after a long-term critic of the electric vehicle manufacturer reversed its short position on the firm. Citron Research changed its tune on Tesla from "short" to "long", writing in a research note that its Model 3 sedan is "a proven hit, and many of the [...]