Donald Rumsfeld just got into tech with Churchill Solitaire mobile game for iOS January 25, 2016 It may be early in the year, but the award for surprise change of career direction already goes to Donald Rumsfeld, who at the age of 83 is getting into tech. The former US defence secretary has made a fresh foray into mobile gaming with an app. If you ever wondered what politicians do when they [...]
Twitter share price dives after Jack Dorsey confirms senior executives Kevin Weil, Alex Roetter and Katie Jacobs Stanton will exit January 25, 2016 Twitter shares tumbled more than five per cent as markets opened in the US, falling below $17 per share again for the fourth time this year. The fall came after Twitter chief executive Jack Dorsey confirmed the departure of four top executives at a time when the social network is under pressure from investors. Dorsey confirmed the exits [...]
Here’s what early and seed-stage investor Seedcamp’s portfolio looks like: UK tech startups, fintech and blockchain January 25, 2016 One of the UK and Europe's leading investors in startups at an early stage has lifted the lid on its portfolio of companies. Eight-year old Seedcamp which initially started life as an accelerator but now concentrates on first-round funding, has backed more than 200 companies, which went on to pick up a further $365, in their next stage. Investments include [...]
Watch this robot solve a Rubik’s cube in less than 1.1 seconds January 25, 2016 The world record-holding Rubik's Cube solver, Collin Burns, may be able to puzzle out one of the 80s toys in under six seconds – but he's got nothing on this robot, which can do it in almost a sixth of the time. The robot, designed by software engineers Jay Flatland and Paul Rose, can solve the [...]
PwC acquires Edinburgh-based consultancy Praxism UK to strengthen its cyber security offering January 25, 2016 Professional services firm PwC has today announced that it is acquiring consultancy Praxism UK to strengthen its cyber security offering. The Edinburgh-based consultancy company was founded in 2008 and specialises in identity and access management. Praxism's 13 employees, along with the company's founder and director Derek Gordon, will mostly be joining PwC's Edinburgh office, although one specialist will [...]
Twitter to lose three execs as media chief, product VP and engineering head stand down January 24, 2016 Three Twitter executives will be stepping down tomorrow, at a turbulent time in the social media company's fortunes. Media head Katie Jacobs Stanton, product VP Kevin Weil and engineering head Alex Roetter are all departing the company, according to technology news website Re/code, citing sources. Neither Stanton nor Weil has secured a new job yet [...]
Banks told to fix failing technology and put IT experts on board by Andrew Tyrie after RBS, Barclays and HSBC online banking issues January 24, 2016 Banks have been told to fix their technology and add better IT expertise to their boards after a series of failures and glitches. RBS, Barclays and HSBC have all suffered problems which left customers without access to online services or unable to make payments over the last six months of 2015. “Every few months we have [...]
Happy Birthday: The 10 most popular videos on Vine in the last 12 months including the stade de France during the Paris attacks, duck army and Lady Gaga and Leo DiCaprio at the Golden Globes January 22, 2016 Social video network Vine marks its third birthday on Sunday and to celebrate it has looked back over the last 12 months to find the most looped videos of the past year. The six-second videos range from the truly significant – the most popular features footage from the moment players and the crowd at Paris' Stade [...]
Blockchain payment revolution: How to ensure confidence in twenty-first century transactions January 22, 2016 We are on the threshold of a revolution in financial services which promises extraordinary leaps in efficiency for all kinds of transactions. And arguably the biggest obstacle to our society reaping the full benefit of this findustrial revolution is the issue of trust in transactions. When stock exchanges developed centuries ago, a handshake between (predominantly) [...]
These countries contribute most to global innovation: UK third behind only Finland and Sweden thanks to positive policy January 21, 2016 The UK has been identified as the third biggest contributor to global innovation in the world behind only Finland and Sweden according to a new study. The stronger a country's contribution to global innovation, the greater its own success in innovation domestically, research from think tank the Information Technology and Innovation Foundation (ITIF) found. The countries were ranked [...]