Check out these leaked details for the rumoured new SE2 iPhone April 30, 2018 Face identification, dual cameras and 3D touch will probably all be missing from the new iPhone rumoured to drop in June during Apple’s Worldwide Developers’ Conference. Latvian student Ben Geskin, well-known for accurately leaking details and photos about previous iPhones, tweeted pictures of the new telecommunications device. “New iPhone (probably SE2) coming soon – code [...]
Tesla earnings preview: Can Elon Musk’s Silicon Valley car maker beat the odds? April 29, 2018 American car maker Tesla is set to announce its first-quarter results on Wednesday 2 May, but with a series of setbacks in recent months, investors may be wondering whether the company can live up to expectations. Analysts at S&P Global Market Intelligence expect the company to report a loss of $3.52 (£2.56) per share in [...]
Revolut smashes into unicorn ranks with $250m fundraising ahead of international expansion April 26, 2018 London-based fintech startup Revolut has joined the elite ranks of so-called unicorn firms with a $1.7bn (£1.2bn) valuation following a new $250m fundraising. Tech investor DST Global put up around half of the new money, alongside existing investors including Index Ventures and Ribbit Capital. The money will be used to target an aggressive expansion into [...]
Apple agrees to start paying Irish government €13bn in back taxes April 24, 2018 US tech business Apple has struck an agreement with the Irish government to begin its repayment of €13bn (£11.38bn) in back taxes. The Irish finance ministry confirmed that it was signing the agreement today which will see payment start in the second quarter of the year with full recovery expected by the end of the [...]
Apple posted second quarter results on May 1 but have smartphone sales peaked and what impact will this have on iPhone X? April 24, 2018 Apple releases its latest set of quarterly results next Tuesday and Wall Street is fretting about the figures. People are hanging onto their smartphones for longer, prompting concerns about growth. Second-quarter results from US technology major Apple, which will be released on Tuesday 1 May, are arguably one of the most important set of results [...]
EU regulators to probe Apple’s acquisition of music app Shazam April 23, 2018 EU antitrust regulators today opened an investigation into Apple’s bid for British music app Shazam over fears it could restrict competition in the music streaming market. Shazam allows smartphone users to identify a song by pointing their phones at it. Regulators fear Apple Music could use data from the app to poach users from rival [...]
Facebook, Google and Twitter warned of new government legislation on child protection April 22, 2018 Health secretary Jeremy Hunt has written to social media giants including Facebook and Google telling them to explain what they will do to improve the protection of children. The firms have until next week, the end of April, to tell ministers how they will cut underage use and clamp down on bullying and overuse. Hunt [...]
Apple to offer free replacement batteries after glitch in some MacBook Pros April 21, 2018 Apple is to offer replacement batteries for some MacBook Pros fitted with batteries that have swollen due to a component failure. The tech giant said on its website a “limited number” of 13-inch MacBook Pro laptops sold between October 2016 and October 2017 had been fitted with a faulty component that causes the battery to [...]
Santander is launching blockchain-based international transfers for UK customers on Friday 13 April 2018 April 12, 2018 Santander is launching a blockchain-based international money transfer system that personal customers in the UK can use starting Friday. The Ripple-based service lets people complete international transfers within the same or next day — it’s dubbed Santander One Pay FX. “Blockchain technology offers tremendous opportunities to improve the services we offer our customers, and the [...]
How to bring the UK’s 1.5m unbanked into the digital economy before cash is displaced | City A.M. April 12, 2018 Last month’s inaugural Spring Statement had everything one might expect from a chancellor more renowned for fiscal prudence than visionary reform. Philip Hammond did, however, acknowledge the rapid pace of change in financial technology, launching a consultation to ensure “our economy is fit for the future and keeps pace with changes in the ways that [...]