Yahoo would be liable to pay a $198m fine were GDPR already enforced December 19, 2016 At the dawn of the internet, Google and Yahoo were in stiff competition for search dominance. Many think the former’s success was due in part to its name becoming a ubiquitous verb for searching online. But decades on, semantic development has finally caught up with Yahoo. Its name is now synonymous with bad data practice. [...]
Tyrie calls for national cyber centre to ensure finance is “high priority “ December 19, 2016 An influential MP has called on the government's intelligence agencies to ensure cyber security within the financial services industry is a top priority in the wake of several high profile banking data breaches and failing legacy IT systems. Andrew Tyrie, the chair of the Treasury Select Committee, has written to the chief executive of the National Cyber Security [...]
Record levels of IT investment in 2017? You can bank on it, says report December 19, 2016 The banking sector will up its IT spend to an all-time high in 2017 as the gap between tech-savvy and Luddite lenders widens, according to a report released today. Embracing data and open banking are top priorities for banks the report by consultants Temenos and Capgemini revealed. The focus on technology comes a week after it was [...]
Protein’s Will Rowe talks early adopters, audience insights and brands “doing good” December 19, 2016 "I was a really bad web designer… that’s how it all started,” chuckles Will Rowe, founder and chief executive of Protein. We’re in his Shoreditch office, a space resembling the bedroom of my teenage dreams; a well trodden cow hide is stretched over the corrugated steel floor below shelves laden with volumes of glossy magazines. [...]
Habito founder Daniel Hegarty talks fintech mortgages, bigamy and working above a kebab shop December 19, 2016 Many people have a career change. Before venturing into fintech, Daniel Hegarty, founder of digital mortgage broker Habito, was a professional musician, composing for TV and film and touring internationally. In 2007, he joined a few people trying to work out how to do loans on the internet in real time, in a pre-launch company [...]
Facebook has explained some of the ways it is trying to tackle fake news December 16, 2016 Facebook has set out some of the ways it is trying to address fake news and hoax stories. Both Facebook and Google have faced strong criticism in recent weeks over a proliferation of false news stories during the US presidential race. The digital giants both promised to crack down on advertising against fake news last [...]
Driverless cars’ arrival looks set to shake up the automotive, oil and tech sectors December 16, 2016 The energy markets are starting to recover from their multi-year swoon, but there may be a bigger change ahead. It’s starting to look like the rise of self-driving vehicles is not only inevitable, but that it will be here sooner than many would have thought possible. That will likely upend the oil markets in ways [...]
Editor’s notes: Forget about Murdoch, media dominance is now an online battle December 16, 2016 For a while this week it felt as if we’d slipped back five years, as Ed Miliband and Vince Cable dusted down their criticisms of Rupert Murdoch. 21st Century Fox’s bid for Sky saw the former Labour leader take to Twitter like a student protester. “Do we want Rupert Murdoch controlling even more of [the] [...]
The energy answer is blowing in the wind December 16, 2016 | City Talk "Let's go fly a kite up to the highest height." And get wind of this: you can generate energy at the same time. It's true. You may have seen wind turbines working their energy magic across the UK countryside – but how about kites doing the same thing? These commercial kites achieve 'high flight speeds', over 100mph in [...]
You can start playing Super Mario Run right now December 15, 2016 It's here! Super Mario Run, Nintendo's first ever wholly owned game for smartphones and Mario's first appearance on non-Nintendo devices, has finally launched on the iPhone. Sorry Android users, this is only for iOS, with the much-anticipated arrival first teased in September at the unveiling of Apple's iPhone 7. Hot on the heels of the Pokemon [...]