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Tech

  • What lessons have we learned from a decade in cyber security?

    January 22, 2020

    A colleague recently asked me what I thought had changed in cyber security over the last 10 years. We agreed that it had certainly been a time of momentous change. In 2012, there was the Shamoon attacks in the Gulf region. In one stroke, 35,000 computers were wiped and disabled within a matter of hours. [...]

  • Data watchdog launches new code to protect children’s privacy online

    January 22, 2020

    Social media firms will be required to tighten up their privacy settings for children using their platforms as part of a new code outlined by the data watchdog. The Information Commissioner’s Office (ICO) today unveiled its age appropriate design code, which sets out 15 standards for online services. It is aimed at companies responsible for [...]

  • Jeff Bezos reportedly hacked by Mohammed bin Salman

    January 21, 2020

    Billionaire Amazon boss Jeff Bezos reportedly had his phone hacked in 2018 after receiving a Whatsapp message from the crown prince of Saudi Arabia Mohammed bin Salman. An encrypted message from the number used by the de facto Saudi ruler included a malicious file that infiltrated Bezos’ phone, The Guardian reported. It said digital forensic [...]

  • Netflix beats fourth-quarter revenue estimates as subscribers jump

    January 21, 2020

    Netflix added more subscribers than analysts had expected at the end of last year, despite the debuts of several rival streaming services. The streaming giant added 8.76m paid subscribers globally in the three months to December, compared with analysts’ average estimate of 7.63m, thanks to hits such as the Irishman and the third season of [...]

  • UK fintech Monese nears unicorn status

    January 21, 2020

    UK fintech Monese is in talks to raise £100m from investors in a deal that would give it a valuation of more than £1bn. The fundraising would give the business so-called unicorn status. The Financial Times first reported the talks which are expected to lead to a deal with new and existing investors in the [...]

  • New app allows jetsetters to manage passports and visas on mobile

    January 21, 2020

    Globetrotters will be able to manage multiple passports and visa requirements on their mobiles thanks to a new app launched today. Passport Index allows users to compare passports and their visa needs, meaning travellers with multiple passports can see which document is best for any given destination. The app was launched at the World Economic [...]

  • Uber sells Indian food delivery business to Zomato

    January 21, 2020

    Uber today said it has sold its food delivery business in India to local rival Zomato in an all-share deal worth a reported $350m (£268m). The deal gives Uber a 10 per cent stake in Zomato, which is backed by Ant Financial, a fintech affiliate of Chinese conglomerate Alibaba. The companies did not disclose the [...]

  • Facebook creates 1,000 new jobs in London as it targets growth

    January 21, 2020

    Facebook will create 1,000 new jobs in London by the end of the year. Over half of the new jobs will be in technology, including software engineering and data science, as well as development of its Workplace and Whatsapp platforms. Other roles will be in the “community integrity” team, which aims to detect and remove [...]

  • Open Banking can rebalance the market and put consumers in control

    January 21, 2020

    Two years since its inception, Open Banking has begun to transform the banking world. While understanding may still be low among those outside of the financial sector, do not underestimate this phenomenon.  In fact, low awareness is to be expected — Open Banking is a technology that exists behind the scenes, and customers will only [...]

  • Google boss calls for temporary ban on facial recognition technology

    January 20, 2020

    Google chief executive Sundar Pichai has lent his support to a proposed temporary EU ban on facial recognition technology, over concerns it could be misused. “I think it is important that governments and regulations tackle it sooner rather than later and gives a framework for it,” said Pichai at a conference in Brussels today. The [...]

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