Fresh from an IPO, UK tech firm LoopUp had a superb 2016 sending shares soaring January 18, 2017 The newly listed British tech firm Loop Up, which provides conference calling technology to other business, has had a better than expected year sending shares soaring. The figures LoopUp's revenue for the year to the end of December 2016 was up 39 per cent on the previous year to £12.8m, while earnings before interest, taxation, depreciation and amortisation [...]
These are last year’s 25 most common passwords January 18, 2017 Despite the cyber security industry's best efforts, it seems people are bent on continuing to use the same, easy-to-remember passwords. Yep, a new study by password security firm Keeper has found a staggering 17 per cent of people use the password "123456" – exactly the same as 2015's top password. Having scoured 10m passwords, the company [...]
The tech industry still needs clarity on Theresa May’s Brexit aims January 18, 2017 Theresa May’s speech yesterday was packed with soundbites that would give the casual listener reason to be optimistic. She intends to make Britain into a “great global trading nation” while investing in infrastructure, and said that the referendum result was a decision to go “truly global”. She used the word global 17 times in fact, [...]
Tech unicorn Deliveroo is planning to create hundreds of new jobs January 18, 2017 UK tech unicorn Deliveroo is planning to create hundreds of new jobs in London as it grows its business globally. The food delivery company will create more than 300 new positions, many of which it said will be in highly-skilled senior technical roles in areas such as software and hardware engineering, behavioural economics and algorithm development. The additions [...]
Deutsche Bank chief blames regulation for lack of banking innovation January 17, 2017 Regulatory pressures are to blame for a lack of innovation among traditional financial institutions, according to the top boss of Deutsche Bank. Speaking at Davos on the subject of the future of finance, chief executive John Cryan said: "As regulation becomes more granular, traditional institutions tend to become less innovative and we're looking elsewhere for disrupters. "Everything [...]
MEPs vote to put robots on the agenda to tackle safety and legal concerns January 17, 2017 MEPs have started on a European health and safety standard for robots – before the fracking toasters short circuit and become our overlords. Or before other countries like Japan and the US establish their standards first. A “kill” switch and creating a status for “electronic persons” that would bear legal responsibility are among recommendations that MEPs on [...]
Thanks Brexit: Now the price of iPhone apps are about to rise January 17, 2017 It's not just the price of your, Freddo, Fondant Fancy and Marmite which are being pushed up by the falling value of the pound. Apple is the latest company to raise prices, this time for apps you download from the app store by as much as 25 per cent, 9to5mac reports. The cost of apps downloaded on your [...]
How does the UK rank in the world’s 50 most innovative economies? January 17, 2017 The UK lags behind 16 global economies when it comes to innovation, as Scandinavian countries plough ahead in pushing boundaries. The UK has grasped on to its spot at number 17 for the second year, however, in Bloomberg's 2017 Innovation Index, which ranks 50 of the world's economies based on six factors which indicate a recipe for innovation. [...]
Global giant Shell helping Edinburgh innovators to harness power of air turbulence January 17, 2017 | City Talk Capture Mobility’s award-winning roadside micro-turbine can generate electricity from the turbulence of passing traffic – enough to supply an average-sized home for 24 hours. Integrated solar panels at the top of the turbine add extra energy to the system during the day and air filters inside the fins of the turbines also help to clean the [...]
China’s Baidu targets artificial intelligence with appointment of former Microsoft executive January 17, 2017 Chinese search giant Baidu has named a former Microsoft executive as its chief operating officer in an effort to push towards artificial intelligence. Baidu's core search engine business hasn't been performing well – new advertising regulations caused Baidu to lose 16 per cent of its ad customers in the quarter ending September 2016 – so the company is refocusing its [...]
