Why does Stephen Hawking hate the future? January 31, 2016 When it comes to modern day scientists none have managed to punch through into the collective psyche of our society more than Stephen Hawking. From his incredible ambition to explain the theory of everything through to his brilliant performances (in all senses of the word) on comedy and primetime TV shows, he has become the [...]
Microsoft shares take off in after hours trading after tech firm unveils higher cloud sales January 28, 2016 Microsoft reported revenue of $23.8bn (£16.6bn) for the second quarter of the 2016 financial year, down from $26.5bn in the same period of last year. However, revenue in its Intelligent Cloud division was up five per cent to $6.3bn, with server products and cloud services seeing a 10 per cent increase in turnover. The firm's cloud [...]
An MBA is more important at technology companies than banks January 28, 2016 An MBA is more important when hiring for jobs in technology than it is at any big bank on Wall Street, surprising new research reveals. For major technology firms such as Facebook, Google and Amazon, 10 per cent of jobs advertised made a preference for an MBA, compared to just four per cent of jobs [...]
These were the biggest selling smartphone brands of 2015: How Apple and Samsung’s growth was overtaken by Huawei, Lenovo and Xiaomi January 28, 2016 Three smartphone brands grew at a faster pace than Apple and Samsung last year as sales across the world hit a record 1.4bn. Chinese smartphone makers Huawei, Lenovo and Xiaomi grew more than the world's two biggest smartphone brands as shipments increased by 10 per cent across the board. The rise of device makers in China signals increasing [...]
Can fintech survive when interest rates rise? This is what will happen to those models when it does… January 28, 2016 London is the epicentre of fintech development, and there are a plethora of different approaches appearing, some of which are more 'tech' than 'fin', while others are more 'fin' than 'tech'. If you look around, most people are being opportunistic, doing what has been done before, only slightly differently, using technology to make old things work more efficiently. But [...]
DeLorean for sale: Iconic Back to the Future car will soon go back into production January 28, 2016 The dreams of anyone who wished they could own a DeLorean – made famous in the Back to the Future films – are about to come true. The classic 1980s car will soon go back into production, keeping all the distinctive hallmarks that made it famous – the square angles and, of course, wing-like doors. It wasn't [...]
Facebook share price jumps as social network reveals revenue growth of 51.7 per cent as mobile ad revenue rockets January 27, 2016 Facebook's stock has risen by almost nine per cent in after hours trading, after the social network unveiled revenue of $5.8bn (£4.1bn) for the three months to the end of December – and $17.9bn for 2015. This marks a quarterly jump of 51.7 per cent from $3.85bn in the final quarter of 2014, and a significant increase [...]
Apple shares are falling in pre-market trading with “peak Apple” fears after rcord revenue but iPhone sales slowdown January 27, 2016 Apple shares are down more than four per cent before US markets open after reporting record revenue (again), but a slowdown in smartphone sales. Fears of a slowdown in the tech titan's business have sparked concern among investors. “With the Street widely expecting a softer March guide, we would characterise a 50 million-plus iPhone unit bogey as ‘better [...]
Payment data is dangerously exposed as mobile payments soar January 27, 2016 With mobile payments on the rise, a new reports warns that critical security flaws are exposing financial data to attacks. More than half of companies admit that their payment data has been exposed to a security or data breach, showed the survey from Ponemon Institute and Gemalto, with attacks occurring on average twice a year. [...]
Uber ordered to pay €1.2m by French court January 27, 2016 Uber has been ordered to pay out €1.2m (£900,000) by a court in France. The Paris high court ruled that Uber must pay the National Taxi Union, in relation to a ruling on the way Uber picks up passengers in the city, according to documents seen by AFP. The ruling dates back to 2014 and is being appealed [...]