Twitter divebombs despite Trump bump: Shares in the tech giant plummet as losses hit $167m February 10, 2017 Twitter's slowest reported growth since going public wiped over a billion dollars off its value yesterday, with shares in the tech giant diving more than 12 per cent by the close of trading last night. The company’s poor performance does not appear to have been helped by outspoken and controversial US President Donald Trump, who is [...]
The Robots exhibition at the Science Museum is a fascinating (and a little creepy) history of human-like automata February 9, 2017 Greeting you when you first enter the Robots exhibition at the Science Museum is an animatronic baby, pinned like some prized insect to a wall of pulsing lights. Commissioned especially for the exhibition and built by a special effects company, the mechanical baby repeats a series of pre-programmed animations, sneezing and wavings its arms and [...]
The UK sharing economy’s set to grow by billions this year despite scrutiny February 9, 2017 The popularity of on-demand services such as Uber, Deliveroo and Airbnb is set to boom, with the value of the UK's sharing economy predicted to grow my more than 60 per cent this year. Despite scrutiny from government, the desire for services at the tap of a smartphone app will continue according to the research from PwC, which has also [...]
Blame game over cyber crime leaves listed companies wide open to attacks February 9, 2017 A shocking disconnect between IT heads and their C-suite bosses means both expect each other to take responsibility for information security breaches, aerospace giant BAE Systems has revealed. While 50 per cent of IT decision makers would blame senior executives in the event of a breach, the most popular response amongst business leaders asked the [...]
Apple boss Tim Cook has spent the day meeting the PM and Mayor of London February 9, 2017 Apple boss Tim Cook, arguably the most important man in tech, has spent the day meeting with British politicians. He started a whistle stop tour of the UK by heading to Glasgow, where he picked up an honorary degree from its university yesterday. And this morning he headed to 10 Downing Street for a chat with [...]
Twitter is pretty insistent that it’s not experiencing a “Trump effect” February 9, 2017 What's been the effect of Donald Trump's excessive and exclamation-filled tweets on Twitter? "We can't quantify an impact at this point," insisted Anthony Noto, chief operating officer at the struggling social network when asked about the unprecedented Presidential tweets which have spurred streams of global news coverage. Talking on Twitter's earnings call for its fourth quarter results, [...]
Skymoons delivers eastern promise in game changing UK investment February 9, 2017 | City Talk Chinese mobile games giant Skymoons has announced its first European investment – a games development studio in Edinburgh – as part of its global expansion in the digital entertainment market. Skymoons, one of the most established publishers of mobile games in China, will now develop an MMO (multi player online game) from its Edinburgh studio, [...]
Twitter’s not singing as revenue growth slows to a crawl and misses estimates February 9, 2017 Twitter shares are definitely not singing after releasing its fourth quarter earnings, sending shares down as much as nine per cent in pre-market trading. The figures Revenue came in at $717m, inching up just one per cent on the same quarter a year earlier – its slowest quarterly growth since going public – while earnings were [...]
Ambitious plans for UK commercial spaceflight just came a step closer to blast-off February 9, 2017 Ambitious plans to develop the UK's commercial spaceflight sector are nearing take-off with fresh multi-million pound funding promised by the government and draft legislation for the fledgling sector due "within weeks". Grants for businesses hoping to send tourists and satellites into space worth up to £10m have been announced by science minister Jo Johnson. "We want to [...]
GDPR is the biggest ever overhaul of data protection regulations, yet few businesses are remotely prepared for it February 9, 2017 Eclipsed by the rising moons of Trump and Brexit, the EU General Data Protection Regulation (GDPR) is approaching fast. And yet, with just 14 months until enforcement, very few businesses are prepared, let alone aware of what it entails, or its myriad implications. A Veritas study in December found less than half had set in motion [...]