The British diver accused of being a paedophile by Elon Musk is preparing to sue him for libel August 29, 2018 Vernon Unsworth, the British diver accused of being a paedophile by Tesla boss Elon Musk, is said to be "preparing a civil complaint for libel" through his legal counsel. A letter from Unsworth's lawyer L. Lin Wood, dated to 6 August and seen by Buzzfeed News, provided grounds for a possible lawsuit against Musk for [...]
Watch out, Google: Facebook rolls out its Youtube rival in the UK August 29, 2018 Facebook's answer to Youtube is going live in the UK, after a successful year in the US broadcasting original content, entertainment and sports shows. From today, users around the world can watch videos via Facebook's Watch feature. Additionally, eligible creators in the UK, Ireland, Australia and New Zealand will join the US in making money [...]
Trump puts China behind Clinton email hacks August 29, 2018 US President Donald Trump has accused China of hacking the emails of his 2016 presidential election opponent Hillary Clinton, despite an ongoing investigation into Russian involvement by US officials. "Hillary Clinton’s Emails, many of which are Classified Information [sic], got hacked by China. Next move better be by the FBI & DOJ or, after all [...]
UBS closes robo-advisor Smartwealth after less than two years August 29, 2018 Swiss banking giant UBS has closed its robo-advice service Smartwealth less than two years after its UK launch. The platform, which was established in November 2016, had satisfactory commercial progress, UBS said in a statement, but was shut down after the "near-term potential" was judged to be limited. Customers were told that money will continue to [...]
ITV is right to launch a new streaming service, but it needs to make good content as well August 29, 2018 ITV’s plans to join forces with its fellow public service broadcasters BBC and Channel 4 to combat the growing threat from Netflix, Amazon, and other US streaming service giants may have seemed like too little too late. However, given the success of ITV’s current video offering – the ITV Hub – which has had a bumper [...]
The subscription economy may be the future for businesses, as firms switch to selling outcomes rather than products August 29, 2018 When was the last time you actually bought a DVD or CD? Most likely, you subscribe to a digital streaming service, like Netflix or Spotify. Congratulations, you’re part of the burgeoning subscription economy. But this subscription-based economy isn’t just limited to entertainment media. Increasingly, both individual consumers and big businesses are finding it more convenient [...]
We have a duty to protect the internet, so invest in cybersecurity to safeguard our digital world August 29, 2018 Responsible investment is nothing new. However, in recent years we have seen increased attention being placed on ethical frameworks for investment. The rapid growth in signatories to the United Nations Principles for Responsible Investment highlights the recognition of the challenges that modern corporates and their investors face. Challenges such as climate change or a lack [...]
British tech firm Micro Focus leads the FTSE 100 in fresh share buyback scheme August 29, 2018 British technology firm Micro Focus was leading the FTSE 100 risers this morning after it launched a new share buyback programme. The firm did not say how much the overall programme will be worth, but the initial tranche will return up to $200m (£155.3m) to shareholders. Micro Focus' share price spiked more than four per cent [...]
Elon Musk launches fresh attack on British diver over ‘pedo’ comment August 29, 2018 Tesla chief executive Elon Musk has revisited his earlier controversial comments in which he called a British diver helping out in a rescue effort for a group of young Thai footballers a paedophile. In the midst of a Twitter spat last night regarding his interview with the New York Times at the beginning of this month, [...]
Revealed: The skills that will get you jobs with the highest salaries August 28, 2018 Automation isn’t just putting lower-earning jobs at risk; it’s a threat to higher-earning roles too. While AI is putting the likes of customer service agents’ roles are under threat , the technology could replace up to half of banking jobs too, according to Barclays’ former boss Antony Jenkins. Read more: Technology could replace half of [...]