London’s tech sector can’t keep leaving our young people behind April 15, 2019 The UK’s tech sector is growing three times faster than the rest of the economy. Currently, London is broadly considered to be the world’s third largest startup ecosystem, with the mythical centre of the capital’s tech community being Old Street and Shoreditch, in east London. However, herein lies the problem – and it’s an embarrassing one. [...]
It’s time to write the next chapter in the City’s story of technological innovation April 15, 2019 When I travel across the globe, there is an issue I get asked about time and time again: what is it about London that makes it such a successful global financial hub? And what is it about the UK that makes us stand out from the crowd? A key part of the answer is innovation. [...]
Watchdog plans crackdown over children’s online safety April 15, 2019 Social media giants must limit their collection of personal data from children or face fines of up to £17m, the UK data watchdog has warned. The Information Commissioner’s Office will today open consultation on a code of practice which online platforms such as Facebook and Snap must meet in order to better protect children’s privacy. [...]
Nothing but the truth: Inside Facebook’s UK fact-checking war room April 15, 2019 The war against fake news on social media has been raging since 2016, though it wasn’t until January this year that Facebook decided to take its fight to the British shores. “If this is a war room, I don’t know who the generalissimo would be,” jokes Will Moy, director of the fact-checking charity Full Fact [...]
Facebook, Instagram and Whatsapp down across Europe for more than three hours April 14, 2019 Facebook, Instagram and Whatsapp left users frustrated today after going offline across the UK and Europe for more than three hours. The three social network giants, which are owned by Facebook, went down at about 11am, according to monitoring website Down Detector. Facebook is having issues since 6:36 AM EDT. https://t.co/BLSiYCF9KL RT if it's down [...]
China’s mobile brands have global ambitions – this will have a big impact on the digital marketing ecosystem April 12, 2019 With the world’s online mobile population growing day by day, and a home market dominated by giants such as Tencent, Baidu, and Alibaba, Chinese app developers are increasingly looking to market their apps abroad. I have seen first-hand this shift from a focus on the domestic market to a much more global viewpoint. And I [...]
Watch billionaire Elon Musk’s Space X land all three Falcon Heavy rocket boosters April 12, 2019 Space X successfully landed its three rocket boosters for the first time yesterday, following the delivery of its first commercial payload. Read more: Splashdown: Space X capsule returns to earth The company, which is owned by billionaire Elon Musk, launched its Falcon Heavy rocket from NASA's Kennedy Space Center in Florida. The rocket was launching [...]
Uber files to go public as losses mount April 12, 2019 Ride-hailing giant Uber has filed to go public in New York in an initial public offering (IPO) that could be one of the largest technology floats ever, while still losing billions. The firm reported an adjusted loss before interest and tax of $1.9bn for 2018, and forecast its operating expenses “to increase significantly in the foreseeable future”. Its operating [...]
Huawei insists its technology is ‘as secure as any’ as it hits out at US April 11, 2019 Huawei has insisted the security of its telecoms equipment is as secure as any of its competitors, as it hit back at the US’s calls for a global ban on the firm. “We are probably the most tested vendor in the world,” Huawei’s cybersecurity director Sophie Batas told reporters in Brussels, according to Reuters. Read [...]
Uber investors buckle up for lower IPO price after Lyft shares veer off course April 11, 2019 Uber may be planning to price its shares more modestly than expected in its eagerly-anticipated float as it looks to learn from the torrid trading of its smaller rival Lyft. Analysts have warned the ride-hailing giant may need to lower its expectations for its initial public offering (IPO), after Lyft’s poor performance sparked fears big tech [...]