Fitbug looks out of shape as it posts its preliminary results June 13, 2016 Technology developer and fitness specialist Fitbug posted a year of losses in its preliminary results this morning, as the company announced a change in strategy. The figures Revenues for the year ending December 2015 were down to £1.26m, down from £2.3m in the year ending December 2014. The firm announced a pre-tax loss of £6.3m for the [...]
British business lost a billion pounds to cyber crime last year June 13, 2016 The cost of cyber crime to British business came in at £1bn last year but the true price could be even higher, experts have warned. The number of online fraud crimes jumped nearly a quarter for the year to March, with 37,070 reported to the City of London's national Action Fraud reporting centre, which is the central [...]
Small firms would lose £12k a day without mobile phone access, as mobile media demand soars June 13, 2016 Small businesses could lose up to £12,000 per day if they were without access to their mobile phone, research out today has shown. Firms with up to nine employees would on average miss out on almost four new business opportunities, each with an average value of over £3,000, every working day if their mobile was [...]
How to watch Apple’s next big announcement June 12, 2016 No sooner than we have a new iPhone (the SE, if you'd forgotten) than it's that time of year when we roll around to one of Apple's big annual events – WWDC. The tech company's annual developer conference is where several announcements are due to be made – from a new evolution of Siri, potentially, [...]
The seven things to look out for at Apple WWDC June 12, 2016 Apple's already launched a phone this year, but there's more to come from the tech titan, and some of that will be revealed at its developer conference next week. Don't expect the iPhone 7 yet though, this will be all about software and services rather than devices. Last year, we had a bumper one that [...]
Sit down, Sir Rod. Here are 14 tech entrepreneurs recognised in the Queen’s honours list June 11, 2016 Sit down, Sir Rod – you weren’t the only one to be recognised in the Queen’s 90th birthday honours today. Some 12.8 per cent of the 1,149 who made this year’s honours list were categorised as being from industry and economy. While the founders of BrewDog may have captured a lot of the attention, technology [...]
Don’t bank on an Uber moment… yet June 10, 2016 It’s an interesting time to be working with most of the world’s largest banks. If economic instability, skills gaps and a tsunami of regulation weren’t enough, they now face stern warnings from respected ex-colleagues about the future of the industry. Step forward Anthony Jenkins, the ex-Barclays banker who reiterated last week that banks are facing their ‘Uber moment’. That’s [...]
Welcome to the future: You can now order takeaway using your TV June 10, 2016 Smart TVs are about to get a little smarter thanks to a new invention being cooked up by Just Eat. The company is planning to launch an app enabling people to order food through their television. The app will sync with any mobile phone or iPad connected on the same Wi-Fi network, enabling friends in the [...]
Is fintech the new black? Lower trust in disruptors gives banks reason to cheer June 10, 2016 Digital innovation – and more specifically the impact of fintech – is currently the most intensely debated topic in the financial services sector. Two years ago hardly anyone outside the industry had heard of fintech. Now it’s the hottest investment class globally for VCs. PwC recently produced a report claiming that over 20 per cent [...]
Government urged to step in as small firms find themselves front and centre of the firing line for cyber crime June 10, 2016 An industry body is calling on government to do more to help the UK's smallest businesses protect themselves from cybercrime, after a report out today found such crimes are hurting these firms disproportionately. The Federation of Small Businesses (FSB) study discovered that smaller businesses are collectively the target of 7m attacks a year, with two-thirds of small [...]