Dixons Carphone reveals flat revenue growth following data breach September 6, 2018 Dixons Carphone said it has avoided a loss in its latest trading period, following a cyber attack that saw up to 10m customer records hacked. The figures The electricals retailer said both UK & Ireland and group revenue was flat for the three months to the end of July in a trading update for its [...]
Facebook and Twitter grilled under the Senate spotlight over social media abuse September 5, 2018 Silicon Valley heavyweights Facebook and Twitter faced a grilling from US senators in an Intelligence Committee hearing earlier today, pushing tech stocks down on Wall Street. Twitter's share price tanked more than five per cent, while Facebook's dropped 2.3 per cent. Meanwhile, Netflix and Snapchat shares both fell by more than four per cent. In [...]
Marvel’s Spider-Man review: Insomniac’s web-slinging open world brawler is Spidey at his absolute best September 5, 2018 There’s a very simple recipe for making a decent Spider-Man game, or at least there seems like there is to people who think that making games is simple. First, it needs to be open world. Not even open world, just open Manhattan, a city that has been accurately recreated in games so many times now [...]
Facebook partners up with online giants in move into UK property market September 5, 2018 Facebook is to list properties from two of the UK’s largest online estate agent on its website, in a sign that the social media giant is dipping its toes into the UK property market. In a partnership with Facebook Marketplace, Zoopla and OnTheMarket (OTM) both announced yesterday that their UK agents’ home rental property listings [...]
Volvo dreams up its first driverless electric car September 5, 2018 Volvo has unveiled its first electric self-driving car concept, as it races to meet its own targets of making a third of its car sales autonomous by 2025. Aside from driving around town, Volvo hopes that the 360c could replace short-haul air travel, particularly for routes where the distance travelled is around 300km (186 miles) such as [...]
Chinese ride-hailing firm Didi Chuxing to plug £16m into customer service after passenger death September 5, 2018 Chinese ride-hailing firm Didi Chuxing is set to fork out 140m yuan (£16m) to improve its customer service, after a passenger was raped and killed by her driver. Founder Cheng Wei told government regulators of his decision when they visited the company as part of a nation-wide inspection into ride-hailing firms, according to reports from Chinese newspaper Beijing [...]
Mayor backs London tech startups for City innovation September 5, 2018 Meet the fourteen startups that made the mayor of London's shortlist to tackle the capital's key challenges across seven sectors. Launched in June as part of London's smart city initiative, Sadiq Khan's Civic Innovation Challenge will later award seven of these startups – one for each challenge – a grant of £15,000 to test their ideas [...]
Amazon hits a trillion-dollar valuation September 4, 2018 Amazon has become the second ever US publicly-listed company to hit a $1 trillion market valuation. Amazon shares briefly passed over the $2,050.27 mark needed to break the milestone earlier this afternoon, before dropping back down to $2,035.56. It crossed the $2,000 per share threshold last Thursday, amid doubts from Wall Street that placed it [...]
JD.com share price falls after CEO’s sexual misconduct arrest September 4, 2018 Chinese retail giant JD.com's share price has fallen more than six per cent in early trading this afternoon, after its chief executive was arrested and released on suspicion of criminal sexual conduct in the US over the weekend. Richard Liu has since returned to China, after being arrested by Minneapolis policy on Friday and later [...]
Japan’s Line is raising £1bn to fund its fintech and AI expansion September 4, 2018 Japanese messaging giant Line is raising ¥148.1bn (£1bn) through a convertible bonds issue to fund its expansion into financial services and artificial intelligence (AI), primarily through its own payments technology. The firm said in a statement this morning that the majority of the raise will go towards promoting Line Pay, which is an in-app function [...]