Qualcomm shares tank as China weakness chips away at revenue August 1, 2019 Qualcomm has warned of a sharp drop in revenue for the fourth quarter as it battles against a slowdown in the smartphone market and difficulties in China. The chipmaker warned of “continued weakness” in China demand, and blamed the growing market share of tech giant Huawei. Read more: EU fines Qualcomm €242m for ‘crushing’ 3G [...]
MPs call on Facebook to explain ‘contradictory’ Cambridge Analytica evidence August 1, 2019 MPs have ramped up the pressure on Facebook to explain alleged contradictions in its testimony about the Cambridge Analytica data scandal. Facebook executives told a parliamentary committee they had learned that user data had been misused for political advertising following a Guardian report in December 2015. Read more: ITV used Facebook to find Jeremy Kyle [...]
Email belongs in the trash, not your inbox August 1, 2019 Email has become a ubiquitous form of communication since it was invented in 1972. Its ability to connect people and facilitate digital conversations has been an innovation like no other. However, almost 50 years since its inception, electronic mail is no longer fit for purpose as the main communication tool in today’s enterprise. A combination [...]
‘Techlash’ risks making us less secure, as we swipe right for the Wild West of apps August 1, 2019 It’s fair to say there’s been a lot in the news across the world recently. Between a new British Prime Minister, protests in Hong Kong and Russia, foreboding temperatures, and Marks & Spencer scrapping its free biscuit offering, things have been uncharacteristically busy for this usually sleepy time of year. As a result, I wouldn’t [...]
The 13 best festival, camping and outdoor gadgets: from cameras and speakers to stoves and tents July 31, 2019 Festival season is upon us, like a large and pale dancing man silhouetted against a set of dazzling floodlights, whose sweat-sodden skin shines and catches the light like a salmon flashing in the brook. Make sure you’re ready for it by stacking your backpack high with the latest gadgets and technology. If you’re heading to [...]
Spotify fails to hit the right note as subscriber numbers miss expectations July 31, 2019 Spotify’s subscriber growth hit the lower end of its guidance in the second quarter, sending shares down in pre-market trading. The music streaming platform said it now has 108m premium subscribers, up 30 per cent on the year before. Read more: Music streaming firm Roxi plans London float as it looks to take on Spotify [...]
Uber car rental startup Splend moves headquarters to London July 31, 2019 Uber car rental startup Splend has relocated its headquarters to London as it looks to cash in on the booming ride-sharing market. The Australian company, which provides cars, training and data analytics to drivers, has set up shop in Aldgate as it prepares to grow its presence in the capital. Read more: Uber lays off [...]
Apple shares turn green as services rise July 30, 2019 Apple’s booming revenue in its services division provided a boon to investors tonight, as shares bounced more than four per cent in after-hours trading. The Californian tech giant topped expectations for quarterly profit and revenue for the three months to the end of June, as performance improvement in China helped its results. Read more: Apple [...]
Saudi Arabian wealth fund set to invest in digital health startup Babylon July 30, 2019 Saudi Arabia’s sovereign wealth fund is said to be in late-stage talks over an investment in British startup Babylon Health. The investment, which would come as part of a funding round worth hundreds of millions of dollars, could be announced later this week, the Financial Times reported, citing people with knowledge of the matter. Read [...]
Nintendo switches it up in profit loss July 30, 2019 Japanese video game manufacturer Nintendo has announced a 10 per cent decline in its quarterly profit. The decline comes amid a troubling period for Nintendo’s older consoles, with the Kyoto-based company aware of the declining sales of the Nintendo 3DS, whose hardware and software sales have fallen almost 50 per cent year-on-year. Nintendo’s net revenue [...]
