Barclays teams up with Creative England on new tech accelerator December 1, 2016 Barclays is teaming up with non-profit entrepreneurial support group Creative England on a new accelerator. The programme is aimed at companies working to apply the likes of gamification, the Internet of Things, and 3D modelling to other sectors that may not be seen as traditionally digital, like healthcare or tourism. The moves comes amid growing [...]
Thousands of online accounts feared hacked at National Lottery operator Camelot November 30, 2016 National Lottery operator Camelot thinks 26,500 accounts have been hacked. The company said it didn't think its own systems had been compromised, but that players' login details had been pinched from elsewhere. It discovered "suspicious activity" after online security monitoring on Monday. "No money has been deposited or withdrawn from affected player accounts," it said [...]
Jeremy Hunt wants to ban sexting for under-18s – and thinks Snapchat, Facebook and Twitter should be responsible November 30, 2016 Jeremy Hunt has suggested banning the sending of sexually explicit messages – otherwise known as sexting – by those under 18. In evidence given to the commons health committee on suicide prevention, the health secretary said social media companies should block those under 18 from sharing images with sexual content. "I think social media companies need [...]
Lack of sleep is costing the UK £40bn each year November 30, 2016 Lack of sleep can have a number of negative effects on a person – for one, people who sleep less have a higher mortality rate – but new research has revealed the financial cost of skipping naptime. A lack of sleep among the UK's workers is costing the economy up to £40bn – or 1.86 [...]
How can you monitor data in 810 billion photos? November 30, 2016 | City Talk Have you been watching the epic Planet Earth 2 from the BBC? If so, you'll have been amazed at the roving drone that filmed billions of locusts in Madagascar. How about the jaw-dropping footage of a starving lioness trying to take down a giraffe at full chat? You were there. Almost. The images were simply stunning. Combine them with some 810 billion [...]
These are the most entrepreneurial London boroughs November 30, 2016 East London start ups have gobbled up £23.2m worth of funding over the past four years, more than a third of all the lending to the sector in the capital. The figures from the Start Up Loans Company show that north London and west London are lagging behind, attracting just £8.3m and £9.9m respectively over [...]
The Royal Mint is putting gold bullion on the blockchain November 29, 2016 It’s not just currency that’s going digital – £1bn of the Royal Mint’s gold will soon be on the blockchain. The 1,000-year-old government-owned institution is working with exchange giant CME Group create a new digital trading platform for investors to buy and sell gold using blockchain’s distributed ledger technology (DLT) to track ownership. Why use [...]
Samsung’s thinking of splitting in two and pledges to boost 2016 dividend to reassure investors November 29, 2016 Samsung Electronics has confirmed it's weighing up dividing the firm into two separate companies. It has been under pressure from some investors to break itself into a holding unit and an operating company to bolster shareholder value and said it will be outlining plans to investors in Seoul today to boost just that. Samsung said it [...]
London will reinvent itself again post-Brexit if it remains flexible and open to the world November 29, 2016 "We don't plan London very much. Nobody planned to have the euro-dollar market, for example. It rose because clever people were very quick at responding to market signals.” Speaking at a debate at the Museum of London on the future of the capital, hosted by Eversheds, The Independent’s Hamish McRae set out the optimistic case for the [...]
Watch out for your phone: Cyber criminals won’t just be targeting your computer in 2017 November 29, 2016 Long gone are the days when people just had to be wary of their emails for suspicious attachments, as a report out today forecasts cyber criminals will be targeting smart devices and other futuristic tech much more in 2017. Among the predictions for next year from an Intel Security McAfee Labs report were an increase in attempts of dronejackings, [...]