SEC investigating Tesla over failure to disclose driverless car crash – reports July 12, 2016 The US Securities and Exchange Commission (SEC) is investigating Elon Musk's Tesla Motors – in particular, looking at whether the tech firm broke the law by failing to disclose a fatal accident involving one of its driverless cars in May. The accident, which happened in Florida on 7 May, resulted in the death of 40-year-old Joshua Brown. [...]
Lack of IT security skills will lead to increased risk of cyber threats in the next few years July 12, 2016 Shortage of IT security talent will lead to more cyber security attacks in the next five years, according to a new report by IT recruitment consultancy Robert Half Technology. Demand for IT security specialists is rising, with companies and businesses in fear of data theft and hacking. The report found the majority of UK IT bosses (77 per cent) believe they will [...]
Post Brexit vote, your business still needs to be prepared for the EU General Data Protection Regulation July 11, 2016 High-profile data breaches are becoming increasingly routine. Media coverage of events like the massive TalkTalk hacking scandal have opened the public’s eyes to the insecurity of their private data in the hands of enterprises, though they aren’t the only ones who have taken notice. Regulators across Europe have taken it upon themselves to ensure these [...]
Swift’s beefing up its security after fraud troubles July 11, 2016 The global bank messaging system which was targeted in a multi-million dollar hack of the Bangladesh central bank has beefed up its cyber security in the wake of the fraudulent attack. Swift, which oversees the international transfers of major financial institutions, has called in support from specialists BAE Systems and Fox-IT to increase its ability to respond to [...]
Pokemon Go is bigger than Tinder (and catching Twitter) July 11, 2016 The popularity of new mobile game Pokemon Go is sweeping across the US just days after its release. Yep, if you've managed to bypass the madness, the 90s kids cartoon and Nintendo game favourite led by Pikachu is back and in a very 21st century way – in the form of a mobile game apparently more addictive than Candy [...]
Scientists create wee-ly good Glastonbury festival toilets that generate electricity July 11, 2016 It might have p*ssed down with rain at Glastonbury this year, but festival-goers can take comfort in the fact they helped further a potentially transformative project for the developing world. Researchers over at the University of West England created a urinal which uses the bacteria found in wee to generate energy. Read more: Civil servants are massive [...]
This fintech startup has shaken off Brexit to raise millions more July 11, 2016 UK fintech startup Revolut has raised millions of pounds of new funding from top Silicon Valley investors and plans to raise further cash via crowdfunding, shaking off worries over a Brexit slowdown in tech investment. The year-old currency transfer app has raised up to £6.75m from Ribbit Capital along with existing seed investors Balderton Capital, Index Ventures, Point Nine Capital, [...]
Business must embrace voice assistants – or be left screaming July 11, 2016 During its recent Worldwide Developer Conference, Apple announced that its voice-activated assistant, Siri, has been seriously turbo-charged and is to be migrated to the Mac itself. Since then, a lot has been written about how this will improve the consumer experience. But what has been covered far less, if at all, is the impact the [...]
Adarsh Radia and new business partner Ignacio Macias are matchmaking startups and corporates July 11, 2016 If you've already been a fund manager and serial entrepreneur, how do you seek a fresh perspective on work – and life? For Adarsh Radia, who’s ex-Merrill Lynch and co-founder of popular Indian restaurant Dishoom (you may have queued to get in), the answer was to enrol himself at the Singularity University, a Silicon Valley think [...]
How to revive the music industry: Imogen Heap explains why blockchain could bring about a music revolution July 10, 2016 Whether we stream it through our smartphones or buy tracks from our laptops, technology has made music more accessible than ever before. For consumers, this is good news. But for the music industry, it’s a different story. In 2015, the British Phonographic Industry (BPI) estimates music consumption increased 3.7 per cent and streaming grew a whopping [...]
