TalkTalk hack: 17-year-old boy admits seven offences November 15, 2016 A 17-year-old boy has admitted seven hacking offences in connection with the TalkTalk data breach in Norwich Youth Court today. The teenager, who cannot be named, pleaded guilty to seven charges under the Computer Misuse Act. The data breach occurred last year and the telecoms firm was hit with a record £400,000 fine by the UK data regulator [...]
TalkTalk boss Dido Harding: Customers “trust us more” after handling of cyber attack November 15, 2016 Dido Harding, the chief executive of TalkTalk, believes her company has improved as a result of last year’s cyber attack. More than one year on from the hack, which affected 157,000 customers, Harding told City A.M. she does not believe the recovery process will ever end. Speaking shortly after Tesco Bank was rocked by a [...]
Amazon Restaurants’ food delivery expands to more London locations November 15, 2016 Tech giant Amazon is ramping up its battle with Deliveroo and UberEats, extending its food delivery service to more locations in London. Amazon Restaurant has added more than 20 new areas to the list of locations it delivers food to, from restaurants such as Strada and Pod. Read more: Black Friday: Four pairs of wireless [...]
Google just promised everyone in the UK free digital skills training November 15, 2016 The boss of Google has promised every single person in the UK free digital skills training. In a speech in London today, Sundar Pichai will say: “No matter where you live, no matter where you’re from, no matter what your job is – you deserve access to all the information, education, and opportunity the web has [...]
Facebook and Google have finally taken some action on fake news November 15, 2016 Facebook and Google have both responded to a firestorm around the proliferation of fake news during the US Presidential race by promising to crackdown on advertising against such content. Google has said it will restrict advertising on pages "that misrepresent, misstate or conceal information about the publisher, the publisher's content, or the primary purpose of the [...]
Metro Bank, Deloitte and Setl are testing a blockchain-based contactless card November 15, 2016 Metro Bank, Deloitte and blockchain startup Setl have created a card for making simple contactless payments such as buying a morning coffee, using the distributed ledger technology (DLT) in a trial that's understood to be the first of its kind. The card has been tested by 100 people as part of the City watchdog's fintech sandbox [...]
Boards still in denial over cyber risk, as bosses keen to pass the buck November 14, 2016 Boards still have their heads buried in the sand when it comes to cyber security, a new survey has found. The research commissioned by NCC Group, and seen exclusively by City A.M., found that just 13 per cent of chief executives thought they needed to take responsibility for the level of cyber risk in their company. [...]
New Plusnet Mobile service will expand the company’s portfolio as a quad-play provider November 14, 2016 Plusnet announced today the launch of the UK’s newest mobile provider: Plusnet Mobile. The new mobile service from the Sheffield-based telephone, TV and broadband provider is the result of parent company BT Group’s acquisition of mobile network LIFE Mobile, part of the EE business. The new service will build on Plusnet’s award-winning portfolio and is [...]
Nutmeg raises £30m in latest funding round, the largest of its kind for fintech since Brexit vote November 14, 2016 Nutmeg announced today it has drummed up £30m in its latest round of funding, the largest raise in the fintech sector since the Brexit vote. The fintech pioneer will use the money from the funding round, which was lead by Hong Kong based independent financial advisory firm Convoy, to expand its product offering and rapidly grow [...]
An activist investor has disclosed a stake in Twitter November 14, 2016 Twitter's share price received a much-needed bump on Monday after an activist investor disclosed a stake in the struggling social network. Hedge fund Jana Partners has bought up nearly three millions shares, sending stock as much as two per cent higher in early trading in New York. The stake was revealed in a filing by Jana [...]