Lift off: Flying taxi startup hopes to revolutionise city travel by 2025 May 16, 2019 Ever been stuck in a traffic jam, wishing you could take to the skies and leapfrog the gridlocked cars below? German startup Lilium hopes that by 2025, it will let you do just that, after staging a successful maiden flight of a prototype five-seater flying taxi, capable of whisking passengers from place to place above [...]
Cyber security solutions that are only 95 per cent effective are just not good enough anymore May 16, 2019 The cyber security industry is failing businesses. Cyber criminals are constantly evolving and evading the market’s most sophisticated detection-based security solutions, with government figures showing that 32 per cent of UK businesses have faced a cyber attack or data breach in the past year. Most security solutions take a “best endeavour” approach to defending against [...]
Face off: iProov’s facial verification system can keep your online identity safe and protect your bank account May 16, 2019 Cyber security can feel like an intractable problem. Every day there seem to be new stories about hacking, scams, and financial fraud that target our reliance on digital tools and use them against us. Just this week, we had news of a spyware attack on Whatsapp. And while cyber attacks are becoming more sophisticated, our [...]
Sophos shares jump as it grows revenue despite ‘challenging’ year May 16, 2019 Shares in cybersecurity firm Sophos soared after it posted double-digit revenue growth for the full year, despite reporting “challenging” trading over the period. Read more: Sophos shares tank on performance warning The figures Revenue rose 11.2 per cent to $710.6m (£554m) in the year to the end of March. Pre-tax profit hit $53.6m, up from [...]
Huawei lashes out at US as President Donald Trump declares tech emergency May 16, 2019 Chinese telecoms giant Huawei has said it is willing to work with the Trump administration after it was slapped with a ban on buying components from US firms without special approvals. Read more: Huawei snaps up top Sky News journalist as senior spin doctor US President Donald Trump yesterday also signed an executive order which [...]
Monzo backer Accel raises $575m fund for European and Israeli startups May 16, 2019 London venture capital stalwart Accel has today announced its sixth fund for Europe's early-stage startups, closed at a final raise of $575m (£440m). The fund will be managed by a core investment team based in its London office, seeking out entrepreneurs across the continent and in Israel in both consumer and enterprise sectors at series A stage. Accel [...]
Trump backs out of Christchurch online terror pledge May 15, 2019 The United States has refused to join other nations in signing a pledge to tackle the spread of violent and extremist content online. The White House said while it supported the document’s overall goals, it is “not currently in a position to join the endorsement”. Named the Christchurch Call, the statement asks governments and companies [...]
OnePlus 7 Pro review: OnePlus went all out on its first super-premium phone, and created something incredible May 15, 2019 OnePlus takes the war on bezels very seriously. Having valiantly whittled down the notch of last year’s OnePlus 6T to a single-lens nipple-nubbin, zealous OnePlus engineers have obliterated it completely in the newly launched OnePlus 7 Pro. Announced this week, the company’s very first premium, no-holds-barred flagship is nothin’ but screen – top to bottom, [...]
Private equity owner of NSO Group pledges privacy crack down after Whatsapp hack May 15, 2019 Novalpina Capital, which owns a large stake in Israeli spyware firm NSO Group – whose technology was used to hack Whatsapp – has promised to crack down on the company’s approach to privacy. The UK private equity fund said it would bring the company in line with UN privacy principles and reform its governance to [...]
Trump set to sign executive order rolling out US ban on Huawei May 15, 2019 US President Donald Trump is expected to sign an executive order this week that will set in motion the country’s ban on Chinese tech firm Huawei. Trump is set to sign a long-discussed executive order preventing US companies from using telecoms equipment made by firms that pose a national security risk, Reuters reported, citing three [...]
