A world wide web of regulation: tech giants need a tough new set of rules to fix global problems May 26, 2021 The end of the Internet free-for-all is nigh. Or so we are told, again and again. Big technology companies need – and even want – regulation; yet fears of stifling freedom of speech has made it a political hot potato. Debate about regulation has been raging since the internet began. Technology companies scored an early [...]
Cummings Confessional: Your bingo card ahead of former No.10 aide’s Westminster tell-all May 26, 2021 PM Boris Johnson’s former aide Dominic Cummings is set to give evidence to a joint session of Parliament’s Health and Science Committees on Wednesday. The aide who shot to global stardom (eds: please check) with a now infamous trip to the ruins of Barnard Castle in Northumberland during the height of ‘Lockdown One’ is expected [...]
Switzerland heads for Brexit-like EU clash with €227bn at stake from today May 26, 2021 From today, Swiss medical-technology companies will no longer be allowed to export duty-free to the European Union as Bern and Brussels failed to agree to a long-anticipated political treaty that would cover trade between the two countries. The goods-trading relationship at risk is worth $278bn, with medical-technology companies being the latest casualty of a deteriorating [...]
Contentsquare secures $2.8bn price tag after Softbank-led funding round May 26, 2021 Data analytics platform Contentsquare has secured a valuation of $2.8bn (£1.9bn) following a funding round led by Japanese investment giant Softbank. The digital experience firm, which helps companies understand how people interact on their website or app, nabbed the price tag after raising $500m in a Series E round. The cash injection was led by [...]
Sub-postmaster saga batters Post Office recruitment chances May 26, 2021 On April 23, judges quashed the convictions of 39 Post Office workers who were wrongfully convicted of stealing money thanks to a flaw in the Horizon IT system. Described as “the UK’s most widespread miscarriage of carriage”, the long-running saga put an ordinarily uncontroversial institution at the centre of a media firestorm. The business has [...]
Dominic Cummings to say PM said ‘Covid is only killing 80-year-olds’ to delay lockdown May 25, 2021 Dominic Cummings will tomorrow tell a joint parliamentary committee that Boris Johnson justified delaying a second lockdown last autumn by saying “Covid is only killing 80-year-olds”. The Prime Minister’s former aide will reportedly tell the meeting that Johnson said last September that he would not repeat March’s lockdown and that he said: “I’m going to [...]
Europa League final: Why stakes are high for Ole Gunnar Solskjaer and Manchester United against Villarreal May 25, 2021 By reaching the Europa League final and finishing second in the Premier League, Ole Gunnar Solskjaer has delivered the necessary progress to keep his job. But that doesn’t mean that the stakes aren’t high for both Solskjaer and Manchester United when they meet Villarreal in Gdansk on Wednesday night. Like a lot of people, I [...]
Facebook and Google lobby UK to block Paul Dacre as Ofcom chair May 25, 2021 Facebook and Google are said to have ramped up their lobbying of the UK government amid fears Paul Dacre could be appointed as the next chair of Ofcom. Dacre, the former editor of Daily Mail, has been tipped as the frontrunner to lead the UK’s media watchdog. He is one of four final candidates set [...]
How will Bitcoin recover from this latest correction? May 25, 2021 As debate rages on about how Bitcoin will recover from a recent crash, Dr Chris Kacher examines the metrics.
Investment professionals must beware of the cyber risks in portfolios May 25, 2021 Internet security blog posts are usually more at home on the inside pages of IT trade publications than on the front pages of international newspapers. The one published by Microsoft Corporate Vice President Tom Burt on 2 March, about the emergence of “state-sponsored threat actor” Hafnium, was a notable exception. A new threat had emerged, [...]