Sky grows revenue and profit as it eyes up European expansion July 28, 2016 Sky shares shot up in early trading this morning after the company revealed it grew revenue and profit on an adjusted basis in the year to 30 June. The figures The broadcaster reported a seven per cent increase in adjusted revenue, up to £11.97bn from £11.28bn the year before. Operating profit went up 12 per cent [...]
TalkTalk boss calls for firms to be made to report all cyber attacks July 27, 2016 TalkTalk chief executive Dido Harding has called for firms to be made to report all data breaches following last year’s devastating cyber attack on the company. Companies do not currently have to immediately report details of cyber attacks, meaning many customers may be unknowingly at risk. Last October TalkTalk revealed a cyber attack on the firm [...]
Microsoft’s made an iPhone app which uses AI to improve your photos July 27, 2016 Microsoft is putting its artificial intelligence technology to good uses again – this time, helping you take better pictures. After that ill-fated chatbot experiment, and more fun japes such as HowOldRobot and CaptionBot, Microsoft has put the tech to better use with a picture app for iPhone. Great news for anyone who strugggles to capture the perfect snap. Read more: [...]
This smart suitcase locks itself as soon as it leaves your side and hates being left alone July 27, 2016 Your current suitcase? It’s an idiot. A big dumb box of shirts on wheels, the likes of which now teeter on the precipice of redundancy thanks to one of the latest technology trends. Smart luggage is a growing business, and 2016 has seen the launch of a slew of intelligent suitcases packed to the zippers [...]
Twitter’s still having trouble getting advertisers to spend money July 27, 2016 Twitter shares have plummeted more than 12 per cent after revenue missed expectations, as did guidance for the next quarter, as it said there was "less overall advertiser demand than expected". The figures Revenue at the struggling social network came in at $602m for the second quarter, up 20 per cent on the $502m in the same quarter last year [...]
Now Amazon is bringing one-hour Prime delivery to Scotland July 27, 2016 Amazon's mission to deliver its goods to impatient customers faster than anyone else took another step forward as it extended its Prime one and two-hour deliveries to Scotland for the first time. Residents of Glasgow rejoice, particularly those in the areas of Parkhead, Shawlands and Paisley, where anyone ordering can get thousands of items to their [...]
This is the huge amount of money Apple is spending on R&D right now July 27, 2016 Did someone say iCar? The tech giant might remain coy about exactly what its plans are, but the numbers are clear – Apple is splashing some serious cash on developing new technology despite experiencing its second consecutive decline in revenues. Spending on research and development has rocketed, more than doubling in the last four years and Apple has spent a record amount on innovation [...]
Pest controller unveils technology to track rodents roaming around buildings July 27, 2016 Rentokil hailed a “new era in pest control services” as it launched a tie-up with Google that will enable customers to track rodents online. The pest control firm already has 20,000 digital traps across 12 countries. The new technology, developed with PA Consulting, now means that the traps can be connected to an online portal [...]
Big investors are increasingly interested in offshore wind farms July 27, 2016 Infrastructure and pensions funds have been ramping up their bets on the European offshore wind farm industry. They snapped up 25.1 per cent of European offshore wind capacity in the first six months of this year, according to data released by industry group WindEurope today, up from 13.5 per cent last year. This included investments the likes of [...]
Rightmove’s shares just jumped after it reported impressive mobile traffic July 27, 2016 Don't write off the UK's property market quite yet: shares in Rightmove jumped this morning, after it reported a surge in mobile traffic. The figures The property portal said this morning that revenues had jumped 16 per cent to £107.9m in the six months to the end of June, while pre-tax profits rose to £80.6m, from £66.6m last year. It signed [...]