Revolut ‘to appoint Martin Gilbert as chairman in next few weeks’ July 14, 2019 Revolut is reportedly gearing up to appoint Martin Gilbert as its first ever chairman in a bid to strengthen governance and improve investor sentiment ahead of an upcoming fundraising. Gilbert, a former co-chief executive of Standard Life Aberdeen (SLA), was first confirmed as an adviser to chief Nikolay Storonsky in March. Read more: Revolut fights [...]
Government cybersecurity under scrutiny as staff lose hundreds of mobile devices July 14, 2019 Staff at government departments lost more than 500 mobile and laptop devices in the first four months of the year, sparking concerns hackers could gain access to a “goldmine” of data. Employees at nine departments, including the Ministry of Defence and the Foreign & Commonwealth Office (FCO), lost 508 phones, laptops and tablets between January [...]
Huawei plans ‘extensive’ US job cuts amid trade blacklisting July 14, 2019 Huawei is said to be planning extensive layoffs in the US as the Chinese tech firm grapples with the impact of President Donald Trump’s trade ban. The job cuts are expected to affect staff at the firm’s US-based research and development subsidiary Futurewei Technologies, which employs roughly 850 people across the country, the Wall Street [...]
British businesses split on Brexit ‘brain drain’ in tech industry July 12, 2019 More than half of British businesses fear the threat of a potential tech brain drain after Brexit, according to a survey by tech giant Salesforce. Almost 60 per cent of London firms believe they will lose access to digital talent once the UK leaves the EU, according to the software seller. Read more: These are [...]
Volkswagen and Ford strengthen ties by teaming up on electric and self-driving cars July 12, 2019 Two of the world’s biggest car makers, Volkswagen and Ford, have moved their existing commercial partnership up a gear this afternoon to collaborate on electric cars and self-driving cars. Read more: Ford gears up to announce up to 550 job losses for UK office workers amid turnaround efforts The firms are looking to pull ahead [...]
Google workers listen in on private conversations via smart speakers July 12, 2019 Google has admitted its contractors listen in on conversations people have with its smart speaker system, Assistant. The tech giant yesterday said its contractors can access recordings made by the system. It made the admission after the leak of several Dutch language recordings. Google Assistant starts to record audio when it hears a so-called wake [...]
Give me a fulcrum and lever long enough: London’s engineers are moving the world July 12, 2019 British ideas continue to move the world. Irrespective of the political developments around Brexit, the soft power and influence of our industrial intellectual property and engineering innovation benefits not just Britain, but transforms lives around the world. Today, London and the rest of the UK celebrate the fiftieth anniversary winner of the Royal Academy of [...]
DEBATE: Will Instagram’s new anti-bullying features help to make the social media platform safer? July 12, 2019 Will Instagram’s new anti-bullying features help to make the social media platform safer? Derek Roga, chief executive of EQUIIS Technologies, says YES. Instagram has been under a lot of pressure to tackle online bullies after a few highly publicised cases. With the government taking action against online bullying and finding ways to prevent it, the [...]
UK ploughs ahead with digital services tax despite US backlash July 11, 2019 The UK has vowed to plough ahead with a digital services tax on large tech companies, just hours after the US launched a probe into France for a similar levy. The government today published draft legislation for its next finance bill, which includes a new tax aimed tech giants such as Facebook, Amazon and Google. [...]
France passes digital services tax despite US investigation July 11, 2019 France has given final approval to a new digital services tax on tech giants, despite protests from the US that the move unfairly targets American companies. The three per cent levy will apply to digital revenue earned in France by multinational tech giants such as Facebook, Google and Amazon. Read more: France will tax Amazon [...]