Tech startups’ confidence rises despite political uncertainty July 1, 2019 Confidence levels among UK tech startups has ticked up fractionally over the last quarter, despite the impact of the unsettled political landscape. New data from tech firm Studio Graphene revealed 80 per cent of tech startups are either confident or very confident about their growth prospects for the coming year, a one per cent rise [...]
Government plans to combat fake news ‘do not go far enough’ July 1, 2019 Government plans to crack down on fake news will not do enough to restore public trust in social media platforms and shore up digital marketing, according to a new report. The Chartered Institute of Marketing (CIM) warned fake news was leading to a decline in trust in social media posts, which in turn could prompt [...]
Apple’s tax bill slashed by more than half June 30, 2019 Apple’s tax bill for its chain of 38 stores across the UK more than halved last year, despite an EU mandate to pay back taxes and interest amounting to €14bn (£12.5bn). The Californian tech giant’s retail arm paid just £3.8m in tax in the 12 months to the end of September last year, falling from [...]
US lift of Huawei ban is not a general amnesty, warns top White House adviser June 30, 2019 US President Donald Trump’s decision to lift the ban on American firms selling to Chinese tech giant Huawei is not a “general amnesty”, his top economic adviser has warned. National Economic Council chairman Larry Kudlow said the move will only apply to products widely available around the world, with the most sensitive equipment still subject [...]
Apple loses $10bn as iPhone designer Sir Jony Ive steps down June 28, 2019 The British designer behind the iPhone, iPod and iMac is set to leave Apple after nearly three decades, wiping roughly $10bn (£7.9bn) off the company’s value. Chief design officer Sir Jony Ive, who played a key role in turning Apple into the world’s most valuable company, will step down later this year to start an [...]
Nokia disowns executive’s attack on Huawei security June 28, 2019 Nokia has issued a statement disowning disparaging comments made by one of its senior executives about Chinese rival Huawei. In an interview with the BBC, Nokia chief technology officer Marcus Weldon warned the UK against using equipment made by Huawei, citing concerns about national security. Read more: Nokia warns UK over use of Huawei kit [...]
Sir Jony Ive: Six iconic Apple designs that changed tech forever June 28, 2019 The tech world has been shaken by the news that Sir Jony Ive, the veteran British designer behind a string of iconic Apple products, is stepping down after nearly three decades. As chief design officer, Ive played a vital role in transforming Apple from an ailing tech firm into the world’s most valuable company. Alongside [...]
Nokia warns UK over use of Huawei 5G kit in swipe at rival June 28, 2019 Telecoms firm Nokia has warned the UK against using equipment made by its Chinese rival Huawei, citing concerns about network security. The Finnish firm said Huawei kit had security vulnerabilities that posed a risk to 5G networks and insisted rival vendors were more reliable. Read more: Blanket bans ‘not the answer’ to Huawei question, report [...]
Getting a better deal for the consumer? That’s music to my ears June 27, 2019 It’s hard to recall now how long we’ve been hearing that the music industry is changing: in flux, in transition, in crisis, most recently in the development of reliable music streaming; like any other industry, the music business is always on the lookout for the next big thing, the opportunity to get in at the [...]
Unilever and SAP lead £4m investment round in digital reward platform WeGift June 27, 2019 The likes of SAP and Unilever have led a £4m investment round into London startup WeGift, which is aiming to become the first real-time digital reward platform. The company secured the £4m Series A funding, which was also led by venture capital firm Stride, as it also reported a 500 per cent growth in annual [...]