The company behind the Airlander “flying bum” is planning to IPO in London January 16, 2017 The British company behind the world's biggest airship is planning to list on London's junior market. Hybrid Air Vehicles, the maker of the Airlander hybrid aircraft nicknamed the flying bum for its appearance, will seek to raise £50m with a float pencilled in for the end of 2017 or early 2018 on London's Alternative Investment Market. HAV [...]
South Korea’s prosecutors are seeking a warrant to arrest Samsung’s chief executive January 16, 2017 The chief executive of Samsung has been accused of bribing a friend of President Park Geun-hye, and today South Korea's special prosecutor's office said it is seeking a warrant to his arrest. Jay Y. Lee was questioned for 22 hours last week as prosecutors looked into a corruption scandal that revolved around Choi Soon-sil, a friend of the [...]
Facebook steps up fake news fight in Germany as UK MPs consider inquiry January 15, 2017 Facebook is stepping up its efforts in the fight against fake news, expanding a recently introduced fact-checking feature to Germany as UK MPs are said to be mulling a full-blown inquiry into the issue. Users in Germany will be able to flag articles they believe to be false news for fact checking with a third party. [...]
WhatsApp security flaw could allow government to read supposedly secure messages January 13, 2017 A security loophole in the WhatsApp messaging app could allow the UK government to legally read supposedly secure encrypted messages, according to a law firm. Researchers testing the app found Facebook employees would be theoretically able to access messages sent from the service, according to reports in the Guardian. The back door through WhatsApp’s security [...]
LIVE: UK launch of the Nintendo Switch January 13, 2017 Nintendo launches the Switch in the UK today: stay tuned for live updates of the star-studded event.
Driverless cars are hitting the streets of London next month January 13, 2017 London drivers, beware: Nissan's first driverless cars will hit the streets of the capital next month, it said today. The car manufacturer said it will bring "real-world demonstrations" of autonomous cars to London, with "live environment" tests of a modified Nissan Leaf. The tests will be Nissan's first on public roads in Europe – although [...]
Nintendo share price falls as new Switch console seen as too expensive January 13, 2017 Nintendo has announced the date and price of its new Switch console, its latest attempt to replicate the success of its Wii device a decade ago. The Switch will be available on 3 March, and will cost £279.99 in the UK. Nintendo shares fell more than five per cent on the news, as analysts baulked [...]
Axa UK’s chief executive: With a future of fleets of drones and driverless cars, incumbent insurers must act now January 13, 2017 Running late for work, you burst out of the front door and jump into the back seat of your car. Checking that the coast is clear, the vehicle pulls out of the drive and patiently glides down the street, pausing for traffic. Meanwhile, your smartwatch, gauging your speed and accessing the latest traffic data knows [...]
As a World Economic Forum’s annual Global Risks report warns that an arms race is close at hand, should we be welcoming autonomous weapons? January 13, 2017 Dr Jai Galliott works at the Australian Centre for Cyber Security at the University of New South Wales in Canberra, Australia, says Yes. Robotics mitigates the human cost of war physically, psychologically or otherwise, and the level of this mitigation is largely dependent on the degree of automation and the removal of the human operator. [...]
Ireland targets UK fintech startups mulling Brexit contingency plans January 12, 2017 The Irish government is eyeing up the UK's thriving fintech sector and will make a bid to attract startups to Dublin directly in the wake of the Brexit vote, City A.M. has learned. The country's junior finance minister Eoghan Murphy will head to the Square Mile along with experts in fintech and payments in the [...]