Whatsapp hack: Tech giant urges 1.5bn users to update app after spyware discovery May 14, 2019 A huge flaw in Whatsapp enabled hackers to spy on some of its 1.5bn users’ devices, the tech giant has confirmed. Read more: Facebook taps London talent for its global Whatsapp payments drive The Facebook-owned company yesterday urged its 1.5bn users to update their apps to download a patch it released last Friday for the [...]
US Supreme Court rules against Apple in App Store antitrust dispute May 13, 2019 The US Supreme Court today gave the green light to a lawsuit on behalf of consumers, which accuses Apple of creating a monopoly on iPhone apps and forcing users to overpay with high commission fees. In a 5-4 ruling, the Supreme Court upheld a decision to allow the class action to proceed. The customers argued Apple's [...]
Uber IPO: Shares slide again on second day of New York trading May 13, 2019 Shares in Uber dropped as much as 10 per cent this afternoon on its second day of trading following a disappointing $82.4bn (£63.2bn) stock market debut on Friday. The ride-hailing giant’s stock fell to $37.22, dropping more than 17 per cent below its initial public offering (IPO) price of $45 per share. Read more: Uber braced [...]
Uber braced for second day of trading after IPO takes a wrong turn May 13, 2019 Uber is braced for its second day of trading on the New York Stock Exchange today after its shares veered off course in a disappointing initial public offering (IPO) on Friday. Shares in the lift-hailing giant closed down 7.6 per cent after its $82.4bn (£63.2bn) float failed to impress investors last week. Read more: Four [...]
Sexy suggestions and innuendo in ads: Does “sex sells” really help in marketing? May 13, 2019 We all know the old adage “sex sells” – the received wisdom that using sexual imagery and titillation can boost a brand and sell its products. But times have changed. Today, overt sexualisation in ads is rightly seen as a crude tactic, and marketers have changed their approach. Lynx body spray commercials no longer feature [...]
Tesla CEO Elon Musk faces trial over British diver ‘pedo’ tweet May 13, 2019 Elon Musk is set to face trial after calling a diver who helped rescue the Thai schoolboys trapped in a cave a ‘pedo’ in a tweet. Vern Unsworth is suing Tesla founder Musk after the billionaire called him a “pedo guy” on Twitter. Read more: Why Elon Musk now owes $507m to banks The Brit [...]
The future of justice depends on fixing the forensic science crisis May 13, 2019 Forensic science is a compelling piece of the puzzle in most crime dramas. We are fascinated by it, and rightly so – what science enables us to detect has transformed how we reconstruct criminal events, whether using digital information like phone data and automated recognition technologies, or detecting DNA traces that often go unnoticed. And [...]
DEBATE: Is the term ‘fintech’ becoming redundant? May 13, 2019 Is the term ‘fintech’ becoming redundant? Rhys Powell, UK managing director at EBO.ai, says YES. It’s true that the fintech revolution has brought about positive business change, but to stay relevant in today’s modern business world, all financial organisations have had to harness the power of technology. As such, it’s now almost impossible to define where general [...]
Inmarsat shareholders approve $3.4bn private equity takeover deal May 10, 2019 Inmarsat’s shareholders approved a $3.4bn (£2.58bn) private equity takeover today despite 21 per cent of investors attempting to vote down the deal. Read more: Inmarsat profit falls ahead of $3.4bn takeover The takeover of the British satellite operator is the second largest public-to-private deal ever in the UK, bringing an end to talks that began [...]
Uber shares debut on New York Stock Exchange in $82.4bn IPO May 10, 2019 Shares in ride-hailing giant Uber began trading on the New York Stock Exchange today, after the firm priced its stock at the lower end of its target range. Uber priced its initial public offering (IPO) at $45 per share after setting a range of between $44 and $50. Read more: Uber's float is a huge [...]