Five challenges Amazon faces plotting its own-brand products May 17, 2016 Reports that Amazon is branching out into private-label groceries make sense for the retail giant. In a sluggish market own label is one of the few healthy areas, growing by 1.5 per cent in the first quarter of 2016. Retailers aren’t seen as credible without an own label range, but developing a strong offer takes time and Amazon will [...]
Twitter’s making a change that’s actually really useful as links and images reportedly dropped from character limit May 17, 2016 Finally, Jack Dorsey is giving us a Twitter change we actually want. Thankfully, the newly returned under pressure boss of Twitter has ditched the rumoured – and ridiculous – 10,000-character limit increase, but the latest change will give you more space. Adding links and images, such as photos and gifs, will no longer count in the 140-character tweet word [...]
Google’s launched a new group messaging app (and it’s a little confusing) May 16, 2016 Google has launched a new messenger app called Spaces, designed to get you sharing with your messaging groups straight from Google search and YouTube. It's yet another attempt to get in on the lucrative WhatsApp bandwagon, but adds to a confusing line up that already includes Google Messenger (which we had forgotten about, to be honest) [...]
Accenture’s launching an artificial intelligence practice with IPsoft’s Amelia May 16, 2016 No sooner than one global consulting giant has jumped on board with the latest technology trend, another follows suit. Accenture is launching an artificial intelligence practice just a week after PwC did the same with drones, in a bid for a share of the multi-billion dollar and fast growing industry. The Amelia practice, named after the AI software [...]
Warren Buffett gives Apple a much needed bump, disclosing billion dollar stake via Berkshire Hathaway May 16, 2016 Warren Buffett has snapped up millions of shares in Apple, giving the tech firm a much needed bump after a tough quarter for iPhone sales. The sage of Omaha has disclosed he had 9.81m shares in the firm as of 31 March in a regulatory filing for his investment firm Berkshire Hathaway on Monday. Share in [...]
HSBC is moving 840 IT jobs out of the UK May 16, 2016 HSBC is moving nearly 1,000 technology jobs out of the UK, the bank has announced. Some 840 jobs will be moved to other locations around the world, including India, China and Poland as part of its plans to cut thousands of jobs in the UK as part of a major restructure. The roles, currently based in [...]
How traditional banks can keep ahead of their fintech noisy neighbours in innovation race May 16, 2016 There have been plenty of reports about fintechs being bad news for banks, but in actual fact they may be the best thing to happen to traditional banks and the banking sector for a long time. No, really. Many have warned that the introduction of digitally savvy options into the retail banking sector will prove [...]
Licence to Tweet: Britain’s top spy agency GCHQ has joined Twitter May 16, 2016 And you thought everything had to be hush hush when it comes to the world of spying, espionage and national security? These days, you'd be wrong – Britain's top intelligence agency GCHQ has joined Twitter. Hello, world. https://t.co/SROtSsE8KB — GCHQ (@GCHQ) May 16, 2016 And got this welcome from its US counterpart. Welcome to Twitter @GCHQ! https://t.co/EmD8hGMRBv — [...]
Watch out Tesco, now Amazon’s creating its own-brand range May 16, 2016 Is Amazon trying to eat even more of Tesco and the rest of the supermarkets' lunch? Not satisfied with muscling in on the grocery world with speedy deliveries straight to your door, the retailer-slash-tech giant is now planning on selling its own-label range of food and other sundries, according to reports. A new line of products that [...]
Prime position: Will Amazon come out on top in TV? May 16, 2016 Not content with battling premium video services like Netflix, Amazon now has YouTube in its sights. The launch of new user-generated content platform Amazon Video Direct (AVD) will allow video makers to upload their content to the site, where it can be watched by tens of millions of Prime subscribers. But becoming a one-stop shop for [...]