Qualcomm launches new 5G smartphone chip ahead of network rollout February 19, 2019 Tech giant Qualcomm today unveiled its second generation of chips that allow smartphones to connect to 5G in a bid to fasttrack the rollout of the new network. The US chipmaker said the so-called modem chip is designed to support the global 5G rollout and can also work on 4G networks, allowing greater flexibility for [...]
Cyber attack threat poses biggest risk to UK businesses adopting 5G February 19, 2019 Cyber threats pose the biggest risk to UK businesses adopting 5G, new research has revealed. Around 40 per cent of businesses see the risk of cyber attacks as the most concerning aspect of the new high-speed mobile network, according to a survey by EY. Read more: The stakes are high in the global 5G race [...]
Asda sales growth falters amid competition probe into Sainsbury’s merger February 19, 2019 Asda today reported a slowdown in sales growth in the fourth quarter as it waits for the green light over its planned merger with Sainsbury’s. The supermarket chain, which is owned by US grocery giant Walmart, posted a one per cent rise in like-for-like sales excluding petrol in the three months to the end of [...]
Bauer Media names BBC boss Richard Dawkins as new head of European radio February 18, 2019 Media giant Bauer has named BBC executive Richard Dawkins as its new European radio boss, the company said today. Bauer, which owns radio stations such as Absolute and Kiss, said Dawkins will join the firm in late spring in the newly-created role of European radio chief operating officer. Read more: British commercial radio revenue breaks [...]
EU president Juncker says Trump ‘gave his word’ not to impose car tariffs February 18, 2019 European Commission president Jean-Claude Juncker has said he is confident US President Donald Trump will not impose higher tariffs on European car imports. “Trump gave me his word that there won't be any car tariffs for the time being. I believe him,” Juncker told local media, according to his spokesperson. Read more: EU vehicles pose [...]
German prosecutors probe Financial Times journalist over Wirecard reporting February 18, 2019 Prosecutors in Munch have launched an investigation into a Financial Times (FT) journalist whose reporting of alleged fraud at Wirecard sparked a frenzy of short selling of the firm’s shares. The FT published a series of stories revealing alleged fraud at Wirecard’s Singapore office and an investigation by local police, causing shares in the fintech company to [...]
Dentsu Aegis buys creative agency BJL as it expands in the north February 18, 2019 Advertising group Dentsu Aegis has bought Manchester-based creative agency BJL in a bid to expand its offering in the north of England. The deal follows a period of transformation for the independent creative agency, which has been expanding in the north of England and moved into London in 2014. Read more: Dentsu Aegis names Euan [...]
UK house prices’ affordability improves at fastest rate for eight years as wage growth outpaces prices February 18, 2019 Prospective house buyers could be set for a change in fortunes as affordability improves at its fastest rate in eight years, new data has revealed. With annual house price growth at just 0.2 per cent, the annual wage increase of 3.4 per cent is outpacing asking prices at the fastest rate since 2011, according to figures [...]
Proportion of foreign buyers snapping up central London homes hits six-year high February 18, 2019 The proportion of homes in prime central London bought by international buyers hit its highest level in six years in 2018 as foreign buyers cash in on a drop in the pound. Fifty-seven per cent of homes bought in the capital’s most sought-after postcodes in the second half of 2018 were snapped up by an [...]
Security services set to conclude UK can mitigate Huawei 5G risks February 17, 2019 The UK’s security services have concluded the country can mitigate the risks of using Huawei equipment in its 5G network, the Financial Times reported, citing sources close to the discussions. The National Cyber Security Centre (NCSC), which is currently carrying out its annual review of the Chinese firm’s technology, has determined it is able to [...]