DEBATE: In light of the latest study, have we overreacted about the effect of social media on teenagers? May 10, 2019 In light of the latest study, have we overreacted about the effect of social media on teenagers? Kevin Craig, chief executive and founder of communications agency PLMR, says YES. While the discussion about the impact of social media on young people has been a hot topic at the school gates over recent years, we parents have [...]
Facebook co-founder joins chorus of voices to break up the company May 9, 2019 Facebook co-founder Chris Hughes has echoed calls to break up the social media giant amid a rise in anti-trust and data privacy concerns surrounding big tech. Hughes, a former roommate of chief executive Mark Zuckerberg, called his power "unprecedented and un-American" in an opinion piece for the New York Times. "We are a nation with [...]
Here’s a closer look at Google’s new budget Pixel phones, the Pixel 3a and Pixel 3a XL May 7, 2019 Google has just announced two new additions to its lineup of Pixel phones at its annual Google I/O event in California. The Pixel 3a and the Pixel 3a XL will start at the relatively piddling sum of £399 (compared to £739 for the Pixel 3) and are positioned as a pair of wallet-friendly, value-for-money alternatives [...]
The green rush? The UK’s cannabis industry is reaching dizzying new highs May 7, 2019 Predicting the emergence of the UK’s next billion-pound industry is the dream of any investor. Yet what if, unbeknown to many of its citizens, the UK were already competing as a global leader in that market? When it comes to the burgeoning legal cannabis market, this is already the reality. According to the UN’s International Narcotics [...]
50,000 businesses exposed to cyber attacks through SAP systems May 2, 2019 Up to 50,000 businesses running Sap software are at risk of being hacked after security researchers uncovered new ways to exploit insufficiently protected systems. German firm Sap, which provides software to more than 90 per cent of the world’s top 2,000 firms, said it had issued guidance on configuring security settings in 2009 and 2013. However, security [...]
City Moves for 1 May – Who’s switching jobs at Mirriad, Discoverie Group and SCS Group? May 1, 2019 Today's City Moves includes Mirriad, Discoverie Group and SCS Group. Mirriad Mirriad, the computer vision and AI platform company, has announced abBoard change as Stephan Beringer, chief executive officer, continues his strategic refocusing of the business. John Pearson is appointed to the role of non-executive chairman, with effect from 30 April. He was previously appointed [...]
Game of phones: Apple predicts iPhone rebound as Samsung tanks April 30, 2019 Apple beat Wall Street estimates on both revenue and profit last night, as the tech giant forecast a comeback in iPhone sales later this year. The move followed rival Samsung reporting its worst profit drop in two years, falling 63 per cent year-on-year to 6.2 trillion won (£4bn). Smartphone companies worldwide have been hurt by [...]
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 [...]
Your guide to US results season Q1 2019 April 30, 2019 By Jemma Jackson from interactive investor. Home or away? interactive investor comment as US earnings season kicks off ahead of expectations So far, the news has been generally positive, with banks having noted an improvement in Net Interest Margins (the difference between the rate at which they borrow and lend). Industrials have also provided a [...]
Spotify reaches 100m premium subscribers as it marks milestone in first quarter April 29, 2019 Spotify hit 100m premium subscribers in the first quarter of this year, as the music streaming platform expanded into India and saw a positive uptake of new services. The number of premium subscribers paying for the streaming service jumped 32 per cent to 100m driven by the expansion of its Google Home Mini promotion, which [...]