Huawei chief financial officer Meng Wanzhou’s bail hearing to to continue as judge weighs flight risk December 11, 2018 Huawei's chief financial officer Meng Wanzhou is set to return to court for a third day of bail hearings today as she discovers if she will be freed on bail pending extradition to the US. Meng, faces accusations that she misled banks about Huawei’s control of a company operating in Iran, putting the banks at [...]
Why today’s workers hold the key to tomorrow’s digital economy December 11, 2018 In the current news climate, you’d be forgiven for believing the world has never experienced a technological revolution before. According to reports, disruptive technologies such as the AI, IoT and Blockchain are set to have a more fundamental impact on the future of work – in the form of the 'intelligent' fourth industrial revolution – [...]
Apple banned from selling seven iPhone models in China after Qualcomm dispute December 10, 2018 US telecoms giant Qualcomm has won two preliminary injunctions against Apple banning the importation and sale of several iPhone models in China. Apple shares dipped by as much as two per cent today after a Chinese court ruled that the sale of seven iPhone models infringed upon two of Qualcomm’s patents, before later recovering most [...]
DEBATE: Do banks need to become fintechs in order to survive? December 10, 2018 Do banks need to become fintechs in order to survive? YES, says Lu Zurawski, consumer payments practice lead at ACI Worldwide. Big banks definitely need to find ways to become more like fintechs, which represent a new way of engaging with customers who increasingly expect modern, mobile-first and always-available services. These tech-savvy firms focus on customer-centric, informative [...]
With our North American friends, we are proving that trade is not a zero-sum game December 10, 2018 All eyes will be on Westminster tomorrow as parliament prepares for a crunch vote on Theresa May’s Brexit deal. We must remember, however, that the world is not stopping for Brexit, even if it continues to dominate the headlines back at home. That is why I am today starting my first overseas visit since taking [...]
Bitcoin crashes to 15-month low after SEC postpones ETF decision again December 7, 2018 Bitcoin has fallen to its lowest value in more than a year as it slipped closer to $3,000. The cryptocurrency hit $3,348 this morning, according to Luxembourg crypto exchange Bitstamp, after a sell-off starting late last night that saw it lose as much as 7.8 per cent in value to drop to its lowest point [...]
Technology holds the key to workplace wellness and productivity December 7, 2018 Global organisations are investing billions into corporate wellness programmes each year – a trend that isn't going to stop soon. A survey by the International Foundation of Employee Benefit Plans found that over half of businesses offering this type of initiative experienced less absenteeism and 66 per cent reported productivity gains. However, success is not guaranteed. [...]
Huawei chairman steps into CFO role after Canada arrest sparked global sell-off December 7, 2018 Chinese tech company Huawei has appointed its chairman as acting chief financial officer following the arrest of CFO Meng Wanzhou in Canada. Liang Hua will take on the additional responsibilities of CFO after a turbulent day for the company saw its share price fall by 4.46 per cent. The news rocked markets, triggering a sell-off in Asia, Europe and the US as [...]
Lyft overtakes Uber on road to market float with SEC filing December 6, 2018 Ride-hailing firm Lyft has taken its first big step along the road to a US listing, the firm confirmed today. The company, which was last valued at around $15bn (£11.7bn), said it has submitted a confidential S-1 form with the US Securities and Exchanges Commission (SEC) as it looks to list its stock. No decision has [...]
A technophobe’s guide to digital jargon December 6, 2018 | Sponsored Don’t know your bit from your byte? Or your cookie from your cache? Don’t worry. The technophobe’s guide to common digital jargon is here to help. Productivity Software Productivity software is a catch-all term for any particular software or app that aids productivity. It generally comes in the guise of word processing, spreadsheet, presentation or [...]
