Samsung selling Commerzbank’s £425m London HQ June 5, 2018 Samsung Life Insurance, the South Korean investment manager, is selling the London headquarters of Germany's Commerzbank for £425m. Samsung is being advised by DWS in the sale of the 400,000 square foot (sq ft) building at 30 Gresham Street, which sits not far from the Bank of England and overlooks the Guildhall. Originally constructed by [...]
Facebook denies new data privacy allegations over its decade-old mobile device APIs June 4, 2018 In a post-Cambridge Analytica world where tech giants have to be increasingly touchy when fingers are pointed at privacy issues, Facebook has issued a rebuttal to allegations that parts of its tech are still leaking data to third parties. Over the last ten years, Facebook has reached data-sharing partnerships with at least 60 mobile device [...]
Apple reported to be adopting OLED iPhone screens with new HomePod and iOS 11.4 releases, as current provider Japan Display’s shares slump May 29, 2018 Apple has reportedly moved towards using organic light-emitting diode (OLED) screens in all three of its new iPhone models planned for 2019, while also releasing the latest version of its iOS software, 11.4, and new international market locations for its HomePod speaker. The announcement, revealed today by South Korea’s Electronic Times, has sent share prices [...]
Fintech leaders join business group backing second Brexit referendum May 25, 2018 Over 80 UK tech leaders have signed up as supporters of a new business group called Tech For UK that’s calling on the government to back a second referendum on the terms of Brexit, including an option to remain in the EU. The group includes some big brands like Deloitte Digital, Samsung and TechCrunch, business [...]
Apple teams up with Volkswagen to create self-driving vans after decline from Mercedes and BMW May 24, 2018 Technology giant Apple has struck a deal with the German car manufacturer Volkswagen to develop self-driving vans for its employees, according to the New York Times. Apple will be applying its own self-driving technology to Volkswagen’s T6 Transporter van and create a fleet of vehicles intended for transporting employees. The ambitious project was started by [...]
From John Lewis to Jaguar: The companies Brits most want to work for May 24, 2018 John Lewis has been ranked the company Brits would be most proud to work for, in a new YouGov poll. The high street stalwart was followed by M&S, Mercedes-Benz and then Jaguar. The polling giant asked the public whether they would be proud or embarrassed to say that they work at a business, and this [...]
Visa UK’s former chief executive Marc O’Brien joins world’s first crypto bank Crypterium May 20, 2018 Marc O’Brien, the former chief executive of Visa UK and Ireland, will be taking on the role of chief executive for the world’s first mobile cryptocurrency bank. O’Brien, who left Visa in 2014, will be leading crypto start-up Crypterium which is a mobile service that aims to simplify cryptocurrency transactions as many still struggle to [...]
Chinese tech firm Xiaomi looks to raise $10bn for Hong Kong float May 3, 2018 Chinese smartphone behemoth Xiaomi is gearing up to float on the Hong Kong stock exchange as it looks to raise $10bn for the IPO. The company is due to list in July in what could be the biggest IPO since Alibaba floated for $25bn in 2014. It filed for an IPO in Hong Kong today, [...]
Sometimes, the CEO must fall on their sword March 20, 2018 ON MONDAY, CHANNEL 4 News broadcast hidden camera footage of Cambridge Analytica. The company is a political consulting firm based in London that boasts of being able to provide data and insights to ‘drive your voters to the polls and win your campaign.’. It says it has played a ‘pivotal role’ in winning US [...]
Britain’s 5G auction starts tomorrow – and this is how it will work March 19, 2018 Mobile firms will today be putting the final touches to planned bids for tomorrow’s spectrum auction. Regulator Ofcom will tomorrow start the process of flogging packages, some of which will allow mobile providers to roll-out 5G plans in around a year’s time. Who is taking part? Despite a wide range of mobile providers in the [...]