The new EU-US Privacy Shield data transfer deal to replace Safe Harbour has hit a bump April 13, 2016 Officials in Brussels have put a spanner in the works of plans for a new deal for sharing personal data collected by companies between the US and Europe. Privacy watchdogs said the revision of the Safe Harbour agreement, which was ruled invalid in the courts last year, needs greater clarity and revisions before being applied. The new deal, known as Privacy [...]
BT’s going on a massive security hiring spree April 13, 2016 BT is going on a hiring spree. The telecoms firm announced this morning that it will hire 900 people over the next 12 months focused entirely on security. They will largely be based in the UK, in London, Sevenoaks and Cardiff, but with some roles in Europe, the Middle East, America and Asia, while some of [...]
Fintech collaborators gain ground on disrupters as global investment rockets by 67 per cent in first quarter of 2016 April 13, 2016 It pays to be kind in fintech. Or, at least, it shows how mature you are. A new report has suggested collaborative fintech ventures, which target financial institutions as customers, are gaining ground on disrupters, which aim to compete with them. Globally, collaborative ventures accounted for 38 per cent of all fintech investment in 2010. In [...]
Dyson launches world’s first ever self righting vacuum April 13, 2016 Science wonks over at Dyson have been busily created the world's first vacuum cleaner that self-rights when toppled. Components of the Dyson Cinetic Big Ball are assembled in a spherical array, with the heaviest nearest to the floor. Whenever the vacuum is displaced, gravitational forces will automatically return it to its upright resting position. Source: Dyson Read more: Dyson has unveiled [...]
Blockchain: The president of the San Francisco Fed tells City PM why he’s excited about the distributed ledger technology April 12, 2016 RSCoin is the bitcoin alternative the Bank of England proposed to launch last month. Having its own digital currency would give the central bank a faster payments system, and more of an idea of what’s happening when and where within that system. Speaking to the president of the San Francisco Fed, John C Williams, at [...]
UK space sector enters orbit with a 250 per cent increase in registered jobs year on year April 12, 2016 The UK's space industry is fast climbing into orbit with a huge leap in the number of jobs being advertised by recruiters. The sector has seen a 250 per cent jump in registered jobs in the first quarter of 2016, compared to the year before, according to specialist recruiters Huxley Engineering. Huxley reckons the space sector in the [...]
Facebook F8: How and when to watch Mark Zuckerberg’s live developer conference keynote – and what to expect April 12, 2016 Prepare yourself for Facebook chatbots, Live Video and more about Messenger from F8, the social network's annual developer conference. Kicking off in San Francisco at 6pm GMT, Mark Zuckerberg is expected to reveal new details of the company's plans – and if you really want, you can watch it all as it happens, here. After the [...]
Is it a boat? Is it a wardrobe? No, it’s Toyota’s latest concept car, the Setsuna April 12, 2016 Forget Tesla and its fancy pants technology – Toyota’s gone back to basics with its latest prototype. Who needs plastic and metal when the natural world provides its very own materials? Yes, wood is the main component of the Setsuna car, which goes on show at the Milan Design Week this week. It has not just [...]
The new HTC 10 smartphone is trying to beat Apple and Samsung with selfies April 12, 2016 HTC has unveiled its newest flagship phone which it hopes can rival the likes of Apple and Samsung – and it's betting on selfies to do that. The HTC 10 boasts a camera which can steady your selfie-taking wobbles, with technology called Optical Image Stabilisation. The android-based smartphone brand has fallen out of favour in recent [...]
Cheese power: Plant in the lake district to generate green energy from Cumbrian cheese April 12, 2016 A British company has come up with the un-brie-leavable idea of generating green energy from old cheese making waste. The £10m project in Cumbria, commissioned by British company Clearfleau and built for Lake District Biogas, will operate for 20 years, using waste from dairy company First Milk's nearby Aspatria creamery site. Read more: Brits are obsessed with cheddar while [...]
