Going for gold: London fintech Glint is heading to the US and Japan, and will be raising £15m to do it July 12, 2018 Glint, a London startup that lets you spend and save in physical gold, is looking to raise a £15m Series A to help bolster its target of launching in the US and Japan by the end of the year. First launched in the UK in November last year, Glint offers its users a pre-paid Mastercard [...]
The cost of a major data breach for businesses hits £263m, almost doubling in just five years July 11, 2018 The hidden costs of a data breach to businesses globally has risen by 6.4 per cent in the last year, with the average total cost of a major breach hitting £263m. The amount of so-called mega breaches – cases that involve more than 1m records being lost – have nearly doubled over the last five [...]
Micro Focus share price slips but revenue decline slows July 11, 2018 Software company Micro Focus has said today that its revenue is not declining as fast as previously announced. On a constant currency basis revenue fell eight per cent for the six months ended 30 April 2018, rather than previous guidance of a nine to 12 per cent fall. Read more: FTSE 100 softech Micro Focus' [...]
Nest Hello video doorbell review: A brilliant but expensive solution to all your front door needs July 11, 2018 My Victorian terrace, built in 1897 by Thomas Courtenay Warner, is an increasingly absurd mish-mash of crumbling architecture and modern technology. The single-pane sash windows keep out neither sound nor heat, but if I want to change the temperature on the thermostat from 3,000 miles away, that’s not a problem. Wind howls up through [...]
Legal case against former Apple employee reveals trade secrets on its self-driving car technology July 11, 2018 Criminal charges filed against an ex-Apple employee for stealing trade secrets on the company's self-driving car technology have revealed some interesting new details on what Apple is up to. Xiaolang Zhang was charged by a US federal court over evidence submitted by Apple that Zhang accepted a position at Chinese rival Xmotors, and downloaded the [...]
Going to miss the RAF July centenary flypast while you’re at work? There’s an app for that July 10, 2018 If you're not going to make it to Buckingham Palace to watch the Royal Air Force (RAF) centenary flypast on Tuesday, there's now an app to help you watch it in augmented reality from wherever you are in the world. The RAF100 AR Flypast app features 35 different types of aircraft spanning the RAF's entire [...]
Tech mega-investor Index Ventures announces $1.65bn in fresh funding for the next Deliveroo July 9, 2018 London and San Francisco-based venture capital firm Index Ventures has announced the addition of $1.65bn (£1.24bn) in new funding for tech startups. Now the UK’s largest startup investor, Index has seen its strongest year yet so far in 2018, with exits in the last four months from Adyen, Dropbox, Izettle and Zuora. It has also [...]
Mastercard is in talks with UK banks to take biometric technology to the forefront of payments security July 8, 2018 Mastercard is exploring the possibility of trialling its fingerprint-scanning cards in the UK, as the second Payment Services Directive (PSD2) rears its head on financial fraud. Currently under trial in South Africa, Mastercard's biometric card combines chip technology with a fingerprint scanner on the card's top right corner to verify the cardholder's identity when making [...]
Protect your online reputation with The Marque July 5, 2018 WHEN someone searches your name on the internet, what is the first thing that comes up? Your LinkedIn profile? Maybe your Twitter or Instagram. Increasingly in the modern world, your digital profile forms the first impression you make to others. In my case, the top entry is the parliament web page for a Scottish Conservative [...]
European tech startups could reach $50bn valuations within the next few years, if they take the right steps July 5, 2018 Only six companies have managed to reach $50bn (£38bn) valuations since the turn of the millennium, and none of them were founded in Europe. So what does it take for a startup to become a tech titan? Firstly, a large gap remains between titans – companies founded after 2000 and valued at $50bn or higher [...]