Thames Water unveils £1bn tech investment in bid to boost efficiency March 26, 2019 Thames Water has unveiled plans to invest £1bn in new technology for its water and waste operations in a bid to boost efficiency by 20 per cent. The investment, which will be rolled out over the next six years, will help boost the utility company’s data management for a range of issues such as fixing [...]
Spotify makes latest podcast acquisition as it looks to cash in on true crime March 26, 2019 Spotify has snapped up its third podcast company of the year as it looks to double down on the format amid a boom in on-demand listening. The Swedish streaming service today said it had acquired Parcast, a podcast studio specialising in true crime series. Read more: Apple hits back at Spotify in App Store war [...]
Wirecard shares soar as head office cleared of wrongdoing following fraud allegations March 26, 2019 Shares in payment firm Wirecard soared today after a law firm cleared the company’s head office of wrongdoing following allegations of fraud and false accounting. An independent investigation by law firm Rajah & Tann found that local staff at the company’s Singapore office may have committed crimes but these were not material to the German [...]
Adobe and Microsoft team up to take on Salesforce’s marketing software March 26, 2019 Adobe and Microsoft are teaming up to strengthen their sales and marketing software offerings in a bid to take on rival Salesforce. The firms will partner to help users of Adobe’s marketing software identify potential customers on Linkedin, which is owned by Microsoft, the companies said today. Read more: Adobe invests £63.5m in UK as [...]
Tech firms slam ‘simplistic’ copyright reforms passed by European Parliament March 26, 2019 Tech firms have launched an attack on new copyright rules voted through by the European Parliament today, saying they could damage both competition and freedom of expression. Tech UK, which represents more than 900 tech companies across the country, slammed the new regulations, describing them as “simplistic solutions to complex problems”. Read more: European Parliament [...]
Huawei’s latest handset, the P30 Pro brings true telephoto photography to smartphones March 26, 2019 Following months of speculation and a number of leaks, Huawei has announced its new P30 and P30 Pro Android smartphones at a launch event in Paris today. The latest flagship in the Chinese firm’s photography-focused phone series sports a slew of cutting-edge new camera features. The P30 Pro includes an improved 40MP sensor as part of [...]
European Parliament passes controversial EU Copyright Directive March 26, 2019 The European Parliament has voted for a controversial copyright directive that critics claim could harm the future of the internet. Read more: EU agrees draft copyright reform in blow to tech giants The Copyright Directive passed today with 348 MEP votes, compared to 278 voting against it. The law includes ill-received elements such as making [...]
Samsung issues profit warning amid collapse in memory chip prices March 26, 2019 Samsung issued a surprise warning to its shareholders this morning that its first-quarter results would be worse than expected due to collapsing memory chip prices and lower demand for its display panels business. In a regulatory filing issued to the London Stock Exchange before its earnings guidance next week, the South Korean tech giant said: [...]
Apple ‘show time’ event: Tim Cook debuts Apple TV streaming service March 25, 2019 Apple has unveiled a new streaming platform to take on Netflix during an eagerly-anticipated launch event in California this evening. Oprah, Steven Spielberg and Jennifer Aniston were among the celebrities who took to the stage during a dramatic presentation to announce a revamp of Apple’s TV service. Read more: Apple reveals UK pricing for its [...]
Autonomy founder Mike Lynch inflated sales before £8.4bn HP deal, court hears March 25, 2019 The biggest civil fraud trial in UK history kicked off on Monday with Hewlett-Packard (HP) accusing entrepreneur Mike Lynch of inflating his software company’s revenues ahead of its £8.4bn sale to the US tech giant in 2011. Lynch “committed a deliberate fraud” to bump up Autonomy’s revenue, the High Court was told. HP is suing [...]
