How PwC is welcoming staff back into the office safely August 18, 2020 The office still has an important role to play in society, the chairman of Big Four auditor PwC believes, as his staff seek to return to their desks after months spent at their kitchen tables. Kevin Ellis, chairman of PwC tells City A.M. that while the firm has adjusted to remote working the office still [...]
Why artificial intelligence needs an open, decentralised platform to serve the world August 14, 2020 On the 15th of May 1911, the US government moved to break the Standard Oil Corporation into what would eventually be 34 different companies. The key resource at question then was oil. A century later, we are at the cusp of wondering whether the organisations of our time hold a similar monopoly on the most [...]
Decentralized Finance in commodities markets August 14, 2020 Decentralised Finance (DeFi) is a term used to refer to innovations in capital markets that rely on blockchains. Instead of using conventional financial rails such as banks or credit transfer APIs, DeFi based projects work entirely on blockchains without the requirement of central clearing houses or banking personnel checking transactions. This makes it possible for [...]
Report: Apple to bundle services under ‘Apple One’ subscription August 13, 2020 Apple is reportedly planning to launch a range of subscription bundles that will give customers access to a selection of its digital services at a lower price. The bundles, dubbed Apple One, are set to be launched as early as October alongside the new generation of iPhones, Bloomberg reported, citing people with knowledge of the [...]
Microsoft prices folding Surface Duo phone at $1,399 August 12, 2020 Microsoft has said the Surface Duo, its newest dual-screen Android smartphone, will have a starting price of $1,399. The phone folds shut like a book, opting for two separate screens that are synchronised rather than one screen that folds in the middle like recent launches from Huawei and Samsung. The Surface Duo will arrive in stores [...]
The UK is falling behind in AI race, warns Microsoft August 11, 2020 The UK risks falling into an artificial intelligence skills gap, Microsoft said today, after it found most businesses in Britain use the technology less frequently and at a less advanced level. The software giant said in its annual report that projects using AI in the UK has a higher failure rate — meaning they generate [...]
DEBATE: Is Elon Musk right to predict that AI will overtake humans within five years? August 6, 2020 Is Elon Musk right to predict that artificial intelligence will overtake humans within five years? Chetan Dube, chief executive of IPsoft, says YES. Elon Musk is right. For the last few years we have been saying that by 2025 we will pass someone in the corridor and not know if they are human or android. [...]
Chinese AI firm slaps Apple with $1.4bn patent lawsuit August 3, 2020 Chinese artificial intelligence firm Shanghai Zhizhen Network Technology has filed a $1.4bn lawsuit against Apple, claiming the iPhone giant has infringed on a patent for its voice assistant technology. Shanghai Zhizhen, also known as Xiao-i, is calling for 10bn yuan ($1.4bn) in damages and demands that Apple cease “manufacturing, using, promising to sell, selling, and [...]
Harness young talent to get the UK economy back on track July 29, 2020 As businesses continue to feel the economic disruption created by Covid-19, front of mind will be not only confronting the immediate challenges, but their long-term recovery plan and the actions necessary to ensure that they emerge from the crisis in a strong and competitive position. The UK’s young talent is a core part of this. [...]
The next wave of innovation? It’s here. July 28, 2020 “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” ~Ernest Hemingway I’m sure many of you are familiar with Hemingway’s oft mis-attributed quote about financial calamity. I believe it also applies to change, particularly in technology, which tends to happen very slowly, and then all at once – at [...]