Microsoft Paint fans celebrate as digital drawing tool saved April 24, 2019 Microsoft will keep built-in drawing tool Paint in its Windows 10 update following suggestions from the company that the popular app would be removed. In 2017, Microsoft announced that Paint would be “depreciated”, meaning that the company would stop developing the app, however, the tool remained available for download. Read more: Microsoft Outlook and Hotmail [...]
Samsung to invest £89bn in logic chip business as it looks to take on rivals April 24, 2019 Samsung will invest 133 trillion won (£89bn) in its logic chip business over the next decade as it looks to counteract a decline in memory chip prices and take on rivals. The South Korean tech giant today said it will invest roughly 11 trillion won per year until 2030 in its divisions that manufacture logic chips, [...]
Huawei ‘will be blocked’ from UK’s core 5G network despite green light from Theresa May April 24, 2019 The UK will block Huawei from core parts of its 5G network and restrict its access to non-core areas, Reuters reported today, citing a security source. Read more: Huawei: US ban 'belittles' national security The ban comes despite media reports late last night that suggested Prime Minister Theresa May has given the green light to [...]
Softbank to invest €900m for stake in digital payments firm Wirecard April 24, 2019 Softbank has agreed to invest €900m (£781m) in German fintech firm Wirecard as part of a digital payments partnership in Asia. The Japanese investment giant has signed a deal to buy five-year convertible bonds in Wirecard, equating to roughly 5.6 per cent of the firm’s stock, at €130 per share. Read more: Wirecard shares soar [...]
The Porn Laws are misguided, repressive, and totally ineffective at protecting children April 24, 2019 Last week, the government announced a new law – one which would expose children to more harmful online material, compromise privacy, and hit the most vulnerable adults in society. As of 15 July, to access online pornography you will have to either purchase a porn pass online or venture to off-licence to acquire an age-verification [...]
Want to tackle the scourge of fake reviews? The market can help with that April 24, 2019 The internet has led to a massive increase in the amount of information available. Often, this is a good thing. For example, shopping around to find the cheapest price for something has become far easier. But it can have its downsides. A report last week from the consumer magazine Which highlighted one such disadvantage. An [...]
Snap smashes expectations with narrowed losses and surprise user growth April 24, 2019 Original shows, a design overhaul for Android phones and an entry into video games powered Snap to top analyst expectations last night, surprising Wall Street naysayers. Snap – the parent firm of photo-messaging app Snapchat – said its losses had narrowed to $0.10 per share or $123m (£95m) in the first three months of 2019, [...]
The UK’s young ‘tech for good’ startups provide £2.3bn boost to British economy April 24, 2019 The UK is a burgeoning hotspot for socially responsible technology companies, forming a sector valued at billions of pounds to the UK economy. So-called tech for good businesses were worth £2.3bn in 2018, with a turnover of £732m, according to data published today by Tech Nation. It tops the amount produced by the consumer manufacturing [...]
Twitter profits triple as it reaps rewards of crackdown on harmful content April 23, 2019 Shares in Twitter rose more than 16 per cent today after the social media platform posted a threefold increase in first-quarter profits. Read more: Twitter boss Jack Dorsey was paid just $1.40 in 2018 The figures Revenue grew 18 per cent year-on-year to $787m (£605m) in the three months to the end of March. Net [...]
Why Vodafone is still backed to hit 250p April 23, 2019 | City Talk By Graeme Evans from interactive investor. Some sense a shift in the balance towards more favourable news at the start of the new financial year. Despite a fruitful start to 2019 for most FTSE 100 index stocks, the mood of many investors will have been tempered by further uncertainty over the prized dividend at Vodafone [...]