San Francisco becomes first US city to ban facial recognition software May 15, 2019 San Francisco officials have voted to ban the use of facial recognition technology by local authorities in the latest regulatory clampdown on tech giants. The city’s board of supervisors voted eight to one in favour of the legislation, which would also require police and government departments to submit surveillance technology policies for vetting. Read more: [...]
Adobe partners with Software AG to personalise customer experiences May 15, 2019 Adobe has teamed up with German software giant Software AG to launch a new data platform that helps businesses create better messaging for their customers. The partnership, which combines the two firms’ software, will allow businesses to access data from different sources in real time to create a personalised customer profile. Read more: Adobe and [...]
Stockwatch: When you should buy Amazon and Microsoft May 9, 2019 | City Talk By Edmond Jackson from interactive investor. We've studied the charts, now our companies analyst runs through the fundamentals and gives his view. At a time of questions over durability of growth in US GDP and corporate profits, results in respect of Q1 2019 from Amazon.com Inc (NASDAQ:AMZN)and Microsoft (NASDAQ:MSFT) have beaten expectations. As a result, [...]
Why Airbnb, Paypal and Spotify are paying hackers to break their security May 2, 2019 Top global chief executives have willingly forked out more than $50m (£38m) to hackers amid growing concerns about cybersecurity threats. Bosses have paid so-called ethical hackers to help tighten up their cyber defences in a bid to avoid expensive and embarrassing data breaches. Read more: Government to roll out new cybersecurity laws for IoT products [...]
Extra large order: Beyond Meat hikes offering ahead of float April 30, 2019 A vegan burger startup sent signs of confidence through Wall Street today after raising the price range and size of its initial public offering (IPO). Read more: Vegan startup Beyond Meat brings plant-based burger to the UK In a move that could value the group at almost $1.5bn (£1.15bn), Beyond Meat is set to price [...]
Amazon boss Jeff Bezos tops list of Silicon Valley’s best performing tech CEOs April 30, 2019 Amazon’s share price has risen by 83 per cent year-on-year, making boss Jeff Bezos the US’s best performing tech chief executive. The online shopping platform’s share price has jumped $69.53 on average per year during Bezos’ 22-year reign as Amazon’s chief executive. Read more: Investigator accuses Saudi Arabia of hacking Jeff Bezos's phone In 1997, which [...]
Microsoft’s valuation passes $1 trillion as competition with Apple and Amazon heats up April 25, 2019 Microsoft’s valuation briefly exceeded $1 trillion (£776bn) for the first time yesterday after the firm posted strong revenue and profit growth in its quarterly results. Shares in the US tech behemoth rose as high as $130.87 in late trading, taking its market capitalisation past rivals Apple and Amazon and beyond the coveted $1 trillion mark. [...]
Microsoft Paint fans celebrate as digital drawing tool saved April 24, 2019 Microsoft will keep built-in drawing tool Paint in its Windows 10 update following suggestions from the company that the popular app would be removed. In 2017, Microsoft announced that Paint would be “depreciated”, meaning that the company would stop developing the app, however, the tool remained available for download. Read more: Microsoft Outlook and Hotmail [...]
Microsoft Outlook and Hotmail accounts accessed by hackers April 15, 2019 Microsoft has admitted that hackers had access to some of its Outlook, Hotmail and MSN email accounts for at least three months. The software company would not say how many accounts were compromised in the breach that lasted from 1 January to 28 March. Hackers stole login credentials for a Microsoft customer support agent and [...]
Kantar hires Microsoft executive as North America boss April 10, 2019 Market research firm Kantar has appointed Microsoft executive Reed Cundiff as its new chief executive for North America. Read more: Kantar boss suffered punctured lung in Kew stabbing attack Cundiff is taking over from Wayne Levings, who will return to the UK to continue in his role as head of global clients. “Reed understands what [...]