Meet Ernest: The free financial coach that sits in your Facebook October 24, 2016 When I was at BlackRock, I spent a lot of time on tech that was designed to improve return on investment for people who already had a lot of money,” says Niall Bellabarba, co-founder of Ernest, the intelligent finance coach. “So my starting point was that the man on the street doesn’t have access to [...]
Adobe plans growth despite UK tech slump October 23, 2016 US software giant Adobe is to expand its London office, despite reporting a drop in UK tech sales. Adobe is set to double the size of its current London headquarters, building a new sales office to cover Europe, the Middle East, and Africa (EMEA). The maker of Photoshop recently reported demand for electronics had plummeted [...]
Hackers unleashed a wide-ranging and complex attack in the US that quickly spread globally October 22, 2016 Yesterday's complex cyber attack was orchestrated by hackers accessing thousands of internet-connected devices, such as webcams and digital recorders, that had previously been infected with malicious code. An infrastructure company called Dyn, which effectively acts as a switchboard for internet traffic, was targeted by hackers and led to access to the websites of companies around the world being [...]
Being an extrovert is only beneficial when times are good October 21, 2016 Extroverts bring the fun and may even earn more, but they could stop your group project from achieving its goals. New research has found that, despite their reputation for making a positive contribution to teams, extroverts may actually be hindering things when the going gets tough. When members of a group project are working well [...]
Scientists have explained why it’s so important for bosses to act as good role models October 21, 2016 Cracking down on bosses who break the rules could be the key to reducing bad behaviour across a company, researchers have found. A study by the University of California found that people were less likely to blame or punish those who had behaved unethically if they were imitating a high-ranking employee who’d also misbehaved. Bosses [...]
Safer and more efficient: technology on trial so that cars can talk to one another October 21, 2016 Cars chatting away to one another? Didn't someone make a film about that once? Well now some elements could be coming to life after Jaguar Land Rover and Ford announced plans to trial technology where cars will communicate to one another, in what will be the first such trials in the UK. Through sharing information, it is hoped [...]
More BuzzFeed news that will make you say WTF October 21, 2016 US company NBCUniversal is reportedly set to increase its investment in news and entertainment website BuzzFeed. Comcast’s TV and movie arm is finalising a deal to put around $200m (£164m) into the company, giving it a total value of $1.7bn, Recode reports. Read more: 560,000 reasons why BuzzFeed won in 2015 In the UK, BuzzFeed [...]
The internet is down in large parts of the US October 21, 2016 The internet is down across large parts of the US today, with the East Coast in particular being badly affected, and many are unable to access major websites like Twitter or Reddit – no word yet on whether they can access City PM The problems are said to be connected to DNS (Domain Name Servers) hosts. [...]
Wearables at work: How businesses can avoid Big Brother syndrome October 21, 2016 News that 22,000 Metropolitan Police officers will be equipped with body worn video cameras to cut down on complaints, must count as one of the biggest roll-outs of workplace wearables in the UK to date. The move brings to mind Gartner's prediction that over the next two years two million US employees in high risk [...]
Financial services leads list of sectors most worried about robo-redundancies October 21, 2016 Are you concerned a robot might be after your job? Well, you may find some comfort in the fact you're not alone: this week alone, City PM has reported on how hedge fund bosses are bracing themselves for the rise of the machine and, eek, journalists also appear dispensable in some areas. Those working in financial [...]
