Facebook’s popularity among children wanes as social media safety concerns deepen January 29, 2019 Facebook’s popularity among children slipped in 2018 as more young people look to Instagram for their social media updates, according to an Ofcom report. While Facebook remains the most popular social media site among 12 to 15-year-olds, only 31 per cent of people in this age range named it as their main site or app, [...]
Philips announces €1.5bn share buyback after sales boost January 29, 2019 Technology company Philips today said it boosted like-for-like sales five per cent last year to €18.1bn (£15.7bn). The Amsterdam-headquartered technology company said it also grew sales five per cent in the fourth quarter to €5.6bn. The company said its adjusted earnings before interest, tax and amortisation (Ebita) improved 100 basis points to 13.1 per cent [...]
Huawei denies all 23 indictments levelled against it by the US January 29, 2019 Huawei has denied a series of criminal charges levelled at it by the US last night. The Department of Justice accused China’s premier smartphone maker of stealing trade secrets and defrauding banks into breaking sanctions against Iran. Read more: US authorities file criminal charges against Huawei Huawei denied wrongdoing in a statement this morning, and [...]
US authorities file criminal charges against Huawei for defrauding banks and corporate espionage January 28, 2019 The US Department of Justice has filed criminal charges against China's largest smartphone maker Huawei, alleging the firm stole trade secrets from US rival T-Mobile and defrauded banks into violating sanctions against Iran. In a 13-count indictment, US prosecutors alleged Huawei, two of its affiliated companies and its chief financial officer committed wire fraud, obstruction [...]
Former Virgin Money chief Jayne-Anne Gadhia hunts for investors in new tech startup January 28, 2019 The former head of challenger bank Virgin Money is to set up her own fintech startup, designed to save consumers money on their household bills. Dame Jayne-Anne Gadhia has approached several investors regarding a new company called Snoop, which will take advantage of Open Banking rules to utilise data about customers' spending habits, according to reports [...]
Facebook tightens ad rules for EU political parties ahead of elections January 28, 2019 Facebook plans to toughen up rules surrounding paid political advertising in order to prevent foreign interference in elections. In his first public appearance since winning the job in October, former UK deputy prime minister and now Facebook global policy chief Sir Nick Clegg told reporters in Brussels today that Facebook will require political parties to [...]
A year in YouTube – the marketing lessons to learn from 2018 January 28, 2019 As we begin 2019 in earnest, it is important to reflect on some of the marketing lessons that last year provided. For YouTube, 2018 presented an opportunity for us to demonstrate how we used a combination of human review and machine learning to address some of the challenges that we had with ensuring that ads [...]
Nvidia slashes its fourth quarter guidance, sending its shares into a downward spiral January 28, 2019 Chipmaker Nvidia has cut its fourth quarter revenue estimate by $500m (£379.7m) after its performance in China slowed, causing its share price to spiral down more than 18 per cent. Chief executive Jensen Huang said the firm had suffered an "extraordinarily, unusually turbulent and disappointing quarter", as Nvidia forecasted revenue of $2.2bn for the quarter ending in [...]
Google and IAB hit with fresh complaints over ‘intimate’ user profiling for adverts January 28, 2019 New evidence emerged today outlining the extent of Google’s collection of ‘intimate’ user data amid a pan-European legal complaint against the tech giant. Mental health, infertility, sexual orientation and religious beliefs are among the categories attached by Google to internet browsers to be used in real-time ad auctions. Read more: Google hit with €50m fine by [...]
UK fintech Featurespace raises £25m in latest funding round led by Insight Venture Partners and Mission OG January 28, 2019 UK fintech firm Featurespace, a software company that specialises in behavioural analytics, has raised £25m in a funding round led by Insight Venture Partners and Mission OG. The funding, which is the largest amount the firm has raised to date, will be used to aid Featurespace’s international expansion and the development of the company’s artificial intelligence-led software. Featurespace, which currently [...]
