‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats
Lloyds Banking Group is about to outsource nearly 2,000 tech jobs to IBM March 13, 2017 Lloyds is about to outsource nearly 2,000 tech jobs to IBM, according to the union representing the bank's workers, in a billion pound deal that will save cash in the long term. The bank and the tech giant are on the verge of agreeing a seven year deal worth £1.3bn that would see 1,900 IT staff [...]
It’s not rocket science! How code written for a manned mission to Mars ended up selling advertising March 13, 2017 It's a question we’ve all faced: what to do when you’ve written machine learning code to help Nasa determine the optimal configuration of components for a manned mission to Mars? Use it to sell advertising, obviously. Such is the story of DataXu, one of the pioneers of Real Time Bidding. Founded way back in 2007, [...]
Bitcoin’s back over $1,200 despite the Winklevoss twins’ ETF disappointment March 13, 2017 Bitcoin surged upwards overnight after it took a dive at the end of last week when the US Securities and Exchange Commission (SEC) denied approval for Tyler and Cameron Winklevoss to list a bitcoin only exchange-traded fund (ETF). The twins' hopes were dashed on Friday after the US regulator said it wasn't happy with the fact the [...]
Boaty McBoatface is go: The little yellow sub is heading to Antarctica on its first mission March 13, 2017 Boaty McBoatface, the nation's favourite name for sea-faring vessels that launched a thousand naming contests, is go. Yes, the moniker may have been sidelined for one eliciting more gravitas, with the £200m polar research vessel being named RRS Sir David Attenborough in the end after a very amusing naming contest you might remember. But, a little [...]
PwC’s partnering with tech startup incubator Codebase March 13, 2017 PwC is putting its weight behind technology startups, partnering with the UK's biggest incubator. The professional services giant will support Scotland's Codebase, which is home to more than 80 startups in Edinburgh and will soon launch a second location in Stirling. Read more: Google parent Alphabet is backing London fintech startup Currencycloud It will offer [...]
Uber is looking for a woman to fill its new chief operating officer position March 12, 2017 Uber is reportedly searching for a female executive to join the firm as its new chief operating officer and help rein in under-fire boss Travis Kalanick. The ride-hailing app announced a new position which could be viewed as either the best or worst job in tech last week after recent troubles pushed Kalanick to search for someone to keep the [...]
Sweden bids to prise financial services power from UK after Brexit as minister visits Citigroup and fintech firms in London March 12, 2017 Sweden is the latest European country making a push to win financial services power after Brexit, having sent a minister to London to woo fintech firms and a major Wall Street bank. Per Bolund, the country’s financial markets minister, visited fintech incubator Level 39 in Canary Wharf on Friday before hosting more than a dozen more [...]
Google’s DeepMind is in talks with National Grid to apply artificial intelligence to energy use March 12, 2017 The Google-owned star British artificial intelligence company DeepMind is in talks with the National Grid about a potential partnership, with the possibility of using the technology to make the supply of energy across the UK more efficient. “There's huge potential for predictive machine learning technology to help energy systems reduce their environmental impact," said a spokesperson for the [...]
Three major problems with the modern internet keeping Tim Berners-Lee up at night March 12, 2017 Personal data, misinformation (or as it's now been dubbed, fake news) and online political advertising: these are the three major problems of the modern internet that keep the inventor of the World Wide Web up at night. Sir Tim Berners-Lee has shared his thoughts on the 28th anniversary of the day he submitted his proposal for [...]
Airbnb valued at $30bn after China’s sovereign wealth fund invests $100m March 11, 2017 China's sovereign wealth fund has invested $100m (£82m) in hipster room-sharing app Airbnb. The investment by the China Investment Corporation (CIC) values the tech company at $30bn, Sky News has reported, and accounts for around 10 per cent of a $1bn funding round from Airbnb. The valuation puts Airbnb ahead of Twitter, which is valued at around [...]