RBS’ new digital bank to be called Bo September 27, 2018 Royal Bank of Scotland is understood to be exploring the launch of a digital-only standalone consumer bank, which will go live under the name Bo. Charging forward with RBS’ former operations chief Mark Bailie at the helm, roughly 100 staff are thought to have been briefed on the project’s name, sources told Sky News. [...]
War of the words: Facebook elite hit back at Whatsapp co-founder September 27, 2018 Whatsapp co-founder Brian Acton has found himself at the centre of a public dispute with former and current Facebook executives, after his criticisms against Facebook chief Mark Zuckerberg’s leadership style caused discomfort among the social app’s top brass. Facebook deputy David Marcus labelled Acton’s comments, in which the Whatsapp founder claimed Facebook and Zuckerberg pushed [...]
Samsung Electronics boss indicted on charges of union sabotage September 27, 2018 Samsung Electronics chairman Lee Sang-hoon has been indicted by South Korean authorities as part of an ongoing investigation into alleged workers' union sabotage. Lee, who entered the role in March, will appear in court alongside 27 other senior executives from Samsung and its affiliates later this year. The news comes after Samsung's vice chairman, Lee Jae-yong, was [...]
Artificial intelligence and automation can make your workplace more human September 27, 2018 Every day, it seems we see new headlines about the consequences of artificial intelligence (AI) and robotic process automation (RPA), predicting everything from the end of work to the creation of hyper-productive cyborg workforces. The subject fuels debate and controversy, stoked along the way by potent fears for the future of humans and their jobs. [...]
Brompton Electric review: The iconic folding bike gains a motor, but loses some portability along the way September 27, 2018 The Brompton is a magical object. The most popular bike in Britain, it appears to defy several laws of physics when it folds in on itself, collapsing like a neutron star into the size of something approaching a sugar cube. The compact format of a Brompton means it can go places other bicycles aren’t allowed, [...]
Automation and AI are leading the UK into a new industrial age September 27, 2018 Last year, the government’s Made Smarter Review set out how digital technologies can transform UK manufacturing by 2030. Receiving contributions from more than 200 organisations, the review spelled out how technologies like automation, artificial intelligence (AI), virtual reality, and additive manufacturing could help Britain lead the fourth industrial revolution, raising productivity, creating new, better-paid jobs, [...]
Darktrace lands $50m in series E funding, boosting its valuation to $1.65bn September 27, 2018 Homegrown cyber security success story Darktrace will today announce the close of its series E funding round to the tune of $50m (£38m), raising its valuation to $1.65bn. The round was led by Vitruvian Partners, with participation from existing investors KKR and 1011 Ventures. The funding will be used to fuel international expansion and [...]
Uber executive disciplined over sexual misconduct September 26, 2018 Uber's head of corporate development Cameron Poetzscher was disciplined by the company last year, it emerged today, after it found he had made multiple sexually suggestive and inappropriate comments regarding fellow employees. An investigation by an outside law firm into the allegations was brought to Uber's attention in spring last year. This resulted in a formal warning, a [...]
We are veering towards a Brexit brain drain – it’s time for brands to shake things up September 26, 2018 There is a lack of innovation among British businesses; this was a problem highlighted in our latest research. It’s also a problem which threatens the future of UK businesses outside of the EU bloc, potentially hindering our ability to attract and retain talent. Fast-growing economies such as China, Indonesia, India, the US, and Germany [...]
Snap exodus continues as communications chief announces departure September 26, 2018 The exodus from US tech giant Snap has continued after its head of communications told staff she would leave the company by the end of this year. In an email to staff, communications chief Mary Ritti said that after six years at Snap she thought it was time to "take a deep breath and [...]
