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. The UK must keep its doors open to top talent from around the world if its technology firms are to thrive, Apple's chief designer has told the BBC. ... [Read full article on BBC ]
Thursday 25th of May 2017 09:43:14 AM
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Latest Finance News related to Technology

Apple's Jonathan Ive says immigration vital for UK firms image
Source : BBC [Read Article] Thursday 25th of May 2017 09:43:14 AM
. The UK must keep its doors open to top talent from around the world if its technology firms are to thrive, Apple's chief designer has told the BBC. ...
Debit cards set to overtake cash as most frequently used payment method in UK image
Source : Daily Express [Read Article] Thursday 25th of May 2017 12:00:00 AM
....In September 2015, the limit for a single payment that could be made using contactless was increased by £10 to £30, making it an increasingly handy alternative to cash. The technology enables customers to pay for goods with a single tap of their card on a reader, without the need to provide a signature or enter their Pin. ...
Aston Martin roars back into profit as DB11 revs up sales image
Source : Guardian [Read Article] Wednesday 24th of May 2017 05:41:58 PM
....Demand for Aston Martin’s first all-new model for a decade – the flagship DB11 coupe – helped the luxury carmaker to double revenues in the first quarter, as it seeks to recover from six years of losses. The DB11, the first model Aston Martin has launched under a technology partnership with Daimler, accounted for the majority of 1,203 vehicles sold during the period. ...
Nokia 3310 sparks wave of nostalgia as it goes on sale image
Source : BBC [Read Article] Wednesday 24th of May 2017 12:30:26 PM
....One expert said its success depended on how much people would be willing to pay for a device that "oozes nostalgia". "For someone like me, it's an exciting day," commented Ben Wood, from technology consultancy CCS Insight. ...
Google plans to track credit card spending image
Source : BBC [Read Article] Wednesday 24th of May 2017 12:13:45 PM
...."While we developed the concept for this product years ago, it required years of effort to develop a solution that could meet our stringent user privacy requirements," a spokesman said. "To accomplish this, we developed a new, custom encryption technology that ensures users' data remains private, secure, and anonymous. ...
British sports car maker Lotus bought by China's Geely image
Source : BBC [Read Article] Wednesday 24th of May 2017 11:28:43 AM
....It was effectively locked out of United States in 2015 when its airbags failed to comply with new car safety regulations, but Lotus returned to the American market last summer. While the Lotus car company has not been involved in Formula 1 racing since the 1990s it runs an engineering consultancy selling sports car technology. ...
Not just Bitcoin... image
Source : BBC [Read Article] Wednesday 24th of May 2017 09:07:22 AM
.... . The kind of technology that underwrites Bitcoin and newer entrants such as Ethereum, is also gaining, well, currency, as it gets put to new uses by developers and others looking to beef up cyber-security. ...
English champagne anyone? British wine goes from sad to sparkling image
Source : Guardian [Read Article] Wednesday 24th of May 2017 07:00:30 AM
....“Farming, particularly arable farming, no longer involves a lot of people,” says Augusta. “Instead we have two tractors with satellite technology that comfortably manages 1,500 acres of arable production and two employees. ...
Brum in the sun image
Source : BBC [Read Article] Wednesday 24th of May 2017 01:35:16 AM
....The University of Aberdeen has also recently opened a campus in Qatar. There had been speculation that such bricks-and-mortar academic exports would have been overtaken by the rise in online technology. ...
Jaguar Land Rover posts record sales thanks to demand in China and US image
....4 bn, which included £1bn on the construction of its new manufacturing plant in Nitra, Slovakia, and expansion at its UK sites. The company said despite the “volatile economic environment”, it planned to spend more than £4bn in this financial year on new products, technology, factory expansion and research and development. ...
Nationwide profits drop 18% as it shields savers from interest rate cuts image
.... An efficiency drive is under way, although Garner played down the need for job cuts. He said the branch network would “evolve” as customers adopted new technology. ...
Samsung S8 'eye security' fooled by photo image
Source : BBC [Read Article] Tuesday 23rd of May 2017 03:18:47 PM
. Samsung's eye-scanning security technology, used on the new Galaxy S8 smartphone, has been fooled with a photograph and a contact lens. ...
Apple and Nokia to 'co-operate' after settling patent row image
Source : BBC [Read Article] Tuesday 23rd of May 2017 11:03:54 AM
. Apple and Nokia have settled a dispute over the use of patented technology in smartphones and agreed to "co-operate". ...
Nationwide profits hit by low interest rates image
Source : BBC [Read Article] Tuesday 23rd of May 2017 07:20:53 AM
.... . "Similarly, we're piloting a new community branch in Glastonbury, which opened in April, to test the viability of combining personal service and the latest technology to serve communities left without a bank. ...
Ford names Jim Hackett as new CEO in push to build self-driving cars image
....In February, Ford announced a $1bn investment over five years in the artificial intelligence software company Argo AI, as part of its attempt to make driverless cars a reality. It hopes to have a driverless car on the road by 2021, and aims to capitalise on its progress in the emerging field by licensing the technology to other companies. ...
Ford chairman denies that he fired chief executive image
Source : BBC [Read Article] Monday 22nd of May 2017 07:20:07 AM
....Ford, which gave the world its first mass-market car, is witnessing the end of the internal combustion engine. Long-range electric and autonomous transport is tomorrow's technology, and the likes of General Motors, Toyota, and Volkswagen are ahead in the race to exploit it. ...
Scottish Power lands US wind farm deal image
Source : BBC [Read Article] Sunday 21st of May 2017 04:38:25 PM
....Keith Anderson, Scottish Power's chief corporate officer, said the firm's success was evidence of the UK industry's export potential. "We as a country are seen to be the leaders in this type of technology. ...
Charging ahead: Welsh battery scheme may aid growth of green energy image
....“It’s that extremely rapid enhanced frequency response that renewable technologies currently can’t provide,” said Elsworth. “Battery technology is a good thing for the system and a good thing for bringing more renewables on. ...
Fair shares? image
Source : BBC [Read Article] Sunday 21st of May 2017 12:04:00 AM
...."I have friends working in big law firms and they have a harder time to take parental leave," she says. When it comes to the number of women in management, the biggest discrepancies are still in the traditionally "male" industries of manufacturing and technology. ...
Where does an A-lister land when they waft in from paradise? Yes, Luton image
.... A passenger could, Thompson says, be airborne within 10 minutes of arrival at the airport – or on the M1 to London within 15 minutes of their plane touching the runway. With few night-flight restrictions and plentiful slots, Luton also has, he says, the length of runway and the airport technology to land almost any plane in weather that might rule out lesser airfields. ...
Let’s move to Rothbury, Northumberland: ‘It’s pretty near perfect’ image
.... To the train station with you. What a place: Cragside was built on the outskirts of remote Rothbury by William Armstrong, a Victorian multimillionaire arms manufacturer, scientist and ship-builder, using the most famous architect, Richard Norman Shaw, and the highest technology of the day. ...
HSBC voice recognition system breached by customer's twin image
Source : Guardian [Read Article] Friday 19th of May 2017 02:31:12 PM
....Voice ID is currently being rolled out to 15 million HSBC customers. At launch, HSBC said: “The technology is now the ultimate way to bank safely and securely, without the need for passwords. ...
Seeing red when Delta Air debited me twice for plane tickets image
Source : Guardian [Read Article] Friday 19th of May 2017 06:00:48 AM
....Delta professes itself baffled. After a four-week investigation by its technology team it decides that your bank must be to blame and apologises for any “misinformation along the way”. ...
Remote air traffic control preparing for takeoff at London City airport image
.... “It sounds a bit silly pumping noise into a control room but it’s something they need to do the job,” Anderson added. The system has been developed by Swedish defence manufacturer Saab, using technology from its Gripen fighter jet. ...
BBC fools HSBC voice recognition security system image
Source : BBC [Read Article] Friday 19th of May 2017 12:21:00 AM
.... . "Twins do have a similar voiceprint, but the introduction of this technology has seen a significant reduction in fraud, and has proven to be more secure than PINS, passwords and memorable phrases. ...
London City first in UK to get remote air traffic control image
Source : BBC [Read Article] Friday 19th of May 2017 12:02:02 AM
....It has already been tested in Australia, Sweden, Norway and Ireland. The technology has been developed by Saab, the Swedish defence and security company, and will be introduced as part of a £350m development programme to upgrade London City Airport. ...
WannaCry lessons image
Source : BBC [Read Article] Thursday 18th of May 2017 11:02:01 PM
Facebook fined £94m for 'misleading' EU over WhatsApp takeover image
Source : Guardian [Read Article] Thursday 18th of May 2017 08:56:52 AM
....Facebook has been fined €110m (£94m) by the EU for providing misleading information about its 2014 takeover of WhatsApp. The European commission said it had imposed a “proportionate” fine on the technology company to send a clear signal that all firms must comply with EU competition rules. ...
Recycling body criticises Pringles and Lucozade packaging image
Source : BBC [Read Article] Thursday 18th of May 2017 03:18:47 AM
....More new thinking is emerging with the growth in online grocery shopping - if the customer has already bought a product like a ready meal online, he says, that product doesn’t need branding. The technology exists, Mr Grantham says, for a fridge to be fitted with a mini-projector to project branding on a blank container. ...
Conservative manifesto: Theresa May targets mainstream Britain' image
Source : BBC [Read Article] Wednesday 17th of May 2017 09:26:25 PM
....". She said there were five priorities: a strong economy, facing up to the consequences of Brexit and a changing world, tackling "enduring" social divisions, responding to the challenges of an ageing society and harnessing the power of fast-changing technology. ...
WannaCry attack lifts shares in cybersecurity firm Sophos to record high image
.... We feel very confident in our road ahead and ability to achieve and sail past our $1bn target,” he said. He added that firms should prioritise spending on IT security, making sure the latest anti-ransom technology is deployed and that systems are regularly updated and backed up, both in the office and at home. ...
Mersey feat: world's biggest wind turbines go online near Liverpool image
Source : Guardian [Read Article] Wednesday 17th of May 2017 05:30:46 AM
. The planet’s biggest and most powerful wind turbines have begun generating electricity off the Liverpool coast, cementing Britain’s reputation as a world leader in the technology. ...
Universal agrees deal to stream on China's Tencent's services image
Source : BBC [Read Article] Wednesday 17th of May 2017 05:08:54 AM
.... . The chairman and chief executive of Universal Music Group, Sir Lucian Grainge, said recent developments in technology and the commercial environment in China meant is was "the right time for an innovative strategic partnership with a leading Chinese company like Tencent". ...
University of Apple  image
Source : BBC [Read Article] Tuesday 16th of May 2017 11:03:56 PM
....Computer giant Apple is expanding its supply line of talented young people with digital skills, by doubling the intake of its European academy. Last year, the technology company opened an academy in Naples, in Italy, where students spend a year training to be developers, coders, app creators and start-up entrepreneurs. ...
Samsung Pay launches in UK to take on Apple Pay and Google Android Pay image
....It will be crucial for Samsung to convince both new and existing Android Pay users to jump to Samsung Pay, as the firm struggles to break free from being seen as solely a device vendor. Kyle Brown, Samsung’s head of technology launch management, said: “Samsung Pay is one of our key foundations for our services strategy for 2017, along with Bixby, Samsung Connect and Samsung Health. ...
Uber must return 'pilfered' Waymo files image
Source : BBC [Read Article] Monday 15th of May 2017 07:27:22 PM
....Uber must return the documents either to Waymo or the court by the end of this month. The judge also ordered Uber to keep Mr Levandowski away from work involving Lidar, a key sensor technology in self-driving cars that is the crux of the current litigation. ...
South Africa's Vodacom buys into Kenya's Safaricom image
Source : BBC [Read Article] Monday 15th of May 2017 12:08:46 PM
.... Reid, said the deal was likely to create value for Vodacom shareholders. "Kenya is one of the leading countries when it comes to technology growth, so it presents quite a number of opportunities for a company like Vodacom. ...
JP Morgan appears to make good on Brexit threat with new Dublin office image
....As the new office deal was announced Carin Bryans, the senior country officer for JP Morgan in Ireland, said: “Given the momentum of our local businesses, this new building gives us room to grow and some flexibility within the European Union. Dublin has the vibrant business and technology communities that suit a global firm like ours. ...
Lyft strikes self-driving deal with Google's Waymo image
Source : BBC [Read Article] Monday 15th of May 2017 08:23:51 AM
....Many firms, including Uber, are racing to develop driverless cars, which they hope can be paired with journey-booking systems to revolutionise transport. The move is set to escalate rivalry between Waymo and Uber, which are fighting a court battle over self-driving technology. ...
A new company every week: inside the UK's AI revolution image
Source : Guardian [Read Article] Monday 15th of May 2017 06:00:37 AM
....It is perhaps not coincidental that the centre, which brings together researchers to investigate the implications of AI, has been established in this country. Five of the world’s biggest technology companies have bought UK AI businesses in recent years, including DeepMind, which was acquired by Google for a reported $400m in 2015, SwiftKey (bought by Microsoft for an estimated $250m) and Magic Pony Technology (acquired by Twitter for $150m). ...
No1 Seedr? Andy Murray backs more UK startups image
Source : Guardian [Read Article] Monday 15th of May 2017 05:01:36 AM
....1m on Seedrs from more than 1,150 investors. Murray said: “Den is exactly the kind of innovative smart technology households around the globe will utilise in the future, and Morpher is a product that the modern cyclist should own – one that has been dutifully perfected by an award-winning inventor. ...
Shining armour image
Source : BBC [Read Article] Sunday 14th of May 2017 11:02:35 PM
....Gaming industry expert Dan Maher says that Rebellion has been particularly praised for its custodianship of the 2000 AD comic book. "As the name suggests, the company prides itself on going against the grain, using the money earned from an industry driven by bleeding-edge technology to make uncynical acquisitions in the traditional publishing sector," says Mr Maher. ...
Jobs market will suffer a Brexit slowdown, say experts image
Source : Guardian [Read Article] Sunday 14th of May 2017 11:01:29 PM
....Blanchflower, who is now an economics professor at the US Ivy League university Dartmouth College, said the trend for wage rises to average around 2% was unlikely to go away while uncertainty about the Brexit negotiations persisted. The Item Club said that advances in technology and increased automation could also weigh on pay growth over the longer term. ...
UK unemployment rate to rise in 2018, says EY Item Club image
Source : BBC [Read Article] Sunday 14th of May 2017 11:00:31 PM
....He added: "On a positive note, slower growth in the workforce may deliver a boost to what has been a long period of insipid productivity growth. "With the flow of potential workers slowing, firms are likely to have more incentive to invest in improving efficiency or labour-saving technology," he said. ...
Toyota 'backs flying car project' in Japan image
Source : BBC [Read Article] Sunday 14th of May 2017 10:33:46 AM
....The Nikkei Asian Review reports Toyota and its group companies have agreed in principle to support the project. So far crowdfunding has paid for development of the so-called Skydrive car, which uses drone technology and has three wheels and four rotors. ...
How real books have trumped ebooks image
Source : Guardian [Read Article] Sunday 14th of May 2017 07:00:10 AM
.... They started doing extraordinary trompe l’oeil illusions; they really brought colour back into their manuscripts because they knew that printers couldn’t do that. It was the world of technology and the handmade struggling against each other, each striving to do things that the other couldn’t match. ...
Fake news or not, the future belongs to Facebook image
Source : Guardian [Read Article] Sunday 14th of May 2017 06:00:08 AM
.... A problem for tomorrow and tomorrow. Is there any escape? Perhaps technology, moving on, will create a completely different environment. ...
Office sauna image
Source : BBC [Read Article] Sunday 14th of May 2017 12:30:10 AM
....So how can the modern office attract people to tumble outta bed and commute into work, especially when many employees could simply turn on their laptop and get things done? And how can that office make you more productive?. One idea, popular among new technology companies, is to mix work and play. ...
General election 2017: Tory housing plan 'paid from existing budget' image
....In other general election news, Jeremy Corbyn's party said it would impose a tax on financial transactions to raise billions of pounds for public services. The Lib Dems, meanwhile, are offering a cash incentive to engineering and technology graduates who sign up for the armed forces. ...
Cyber-attack: Europol says it was unprecedented in scale image
Source : BBC [Read Article] Saturday 13th of May 2017 03:46:13 PM
.... "It is very important that people patch their systems now because there will be another one coming and it will not be stoppable by us," he said. 'Accidental hero' - by Chris Foxx, technology reporter. ...
Just do it: the experience economy and how we turned our backs on ‘stuff’ image
.... “We’re seeing a fundamental shift in pretty much all categories to retain being much more experiential,” Strong says. Increasingly, this means using technology to create the feeling of a meaningful relationship between brand and buyer, online and offline. ...
Fast-charging smartphones set for launch image
Source : BBC [Read Article] Friday 12th of May 2017 11:50:02 AM
....Smartphones with batteries that fully charge in five minutes could be available to consumers next year. The technology was first shown off in 2015, when Israeli start-up StoreDot demonstrated its FlashBattery at the CES tech show in Las Vegas. ...
Improbable sums? Cambridge graduates' tech firm raises $500m image
Source : Guardian [Read Article] Friday 12th of May 2017 08:24:58 AM
....Improbable uses cloud-based software to create virtual worlds for use in games as well as large-scale simulations of the real world. The capabilities of the company’s technology have been likened to The Matrix, in which humans plug into a simulated world powered by computers. ...
My walk, my signature image
Source : BBC [Read Article] Thursday 11th of May 2017 11:16:00 PM
.... . Callsign's technology integrates with ForgeRock's ID management platform, for example. ...
New Uber blow as European legal adviser says service should be licensed like taxis image
....Steve McNamara, general secretary of London’s Licensed Taxi Drivers’ Association, welcomed the advocate general’s ruling. “Uber has been ducking both regulation and its responsibilities to its drivers by claiming to be a technology platform that simply connects drivers and riders,” McNamara said. ...
European court aide rules Uber is a transport company image
Source : BBC [Read Article] Thursday 11th of May 2017 11:05:00 AM
....Uber is a transport firm that requires a licence to operate, a senior member of European Union's top court has said. The decision is a set-back for Uber, which had argued it only provided technology to help drivers find passengers. ...
BT to shed 4,000 jobs in new overhaul image
Source : BBC [Read Article] Thursday 11th of May 2017 06:30:14 AM
....It has already been announced that Corrado Sciolla, head of continental Europe, is stepping down over the affair. BT said it wanted to "reposition Global Services as a more focused digital business", as technology trends meant it was less dependent on owning physical network assets around the world. ...
Mr & Mrs Smith co-founder: ‘Don’t let yourself get comfortable’ image
Source : Guardian [Read Article] Thursday 11th of May 2017 06:00:41 AM
....James and I have very different roles. I’m chief technology officer, while James works in brand, marketing and PR. ...
Snap shares slide as growth slows image
Source : BBC [Read Article] Wednesday 10th of May 2017 08:59:46 PM
....Revenue rose 286% for the quarter to almost $150m, but was also short of forecasts by about $9m. By Dave Lee, BBC North America technology reporter. ...
My pager: The 'in thing' in the 90s image
Source : BBC [Read Article] Wednesday 10th of May 2017 06:18:43 PM
...."I got it when I was in middle school in the late 1990s. It was partly out of intrigue for any kind of new technology, and also because my mum needed to tell me when to come home. ...
Vodafone axes pager business 'based on ageing technology' image
Source : Guardian [Read Article] Wednesday 10th of May 2017 11:37:13 AM
. Vodafone is to shut down its pager business after failing to receive backing from the competition watchdog to sell the dwindling division that relies on old technology popular in the 1980s. ...
Vodafone to close down pager business after CMA shock image
Source : BBC [Read Article] Wednesday 10th of May 2017 06:55:15 AM
....A spokesman for Vodafone said: "This seems to be a surprising decision considering that this market has been contracting for some time and no other country in Europe has more than one wide area paging network. "Due to the expense involved with a prolonged investigation, Vodafone will not pursue the transaction and has made the decision to close down this business, which is based on ageing, standalone technology no longer supported by network vendors. ...
RBS cuts hundreds of technology jobs image
Source : BBC [Read Article] Tuesday 9th of May 2017 12:53:52 PM
....The bank said a net 92 full-time staff would be affected, while 154 contractor roles will be lost later this year. It is understood that most of the posts are technology-related and are based in London. ...
Sun trap image
Source : BBC [Read Article] Monday 8th of May 2017 11:07:44 PM
.... . "The cost of the technology has dropped much faster than anyone anticipated," she says, "but the main decline has been in the technology advances. ...
Streaming and Ed Sheeran the right tune for Warner Music image
Source : BBC [Read Article] Monday 8th of May 2017 05:19:53 PM
....". Is streaming technology saving the music industry?. ...
Guardian Soulmates users hit with spam after data exposure image
....The Guardian newspaper's publisher, which runs the service, said "human error" was at fault. Guardian News & Media blamed a third-party technology provider for the problem, which has now been fixed. ...
Barclays Bank launches new £10m advertising campaign to fight fraud image
Source : Daily Express [Read Article] Monday 8th of May 2017 07:51:00 AM
.... . “As a society, our confidence in using digital technology to shop, pay our bills and connect with others has grown faster than our knowledge of how to do so safely. ...
Proptech: the businesses transforming the housing market image
Source : Guardian [Read Article] Monday 8th of May 2017 06:00:55 AM
.... “Our first trade show was scary to say the least, but we didn’t find the hostility we were expecting from letting agents. [Many of them] love the technology aspect and even enquired about licensing. ...
Superstar economics image
Source : BBC [Read Article] Sunday 7th of May 2017 11:30:01 PM
Debit card control lets you 'turn off' card to beat scams image
Source : BBC [Read Article] Sunday 7th of May 2017 11:19:09 PM
....The official launch of the service coincides with a major advertising campaign by the bank about the threat of fraud. "As a society our confidence in using digital technology to shop, pay our bills and connect with others has grown faster than our knowledge of how to do so safely," said Ashok Vaswani, chief executive of Barclays UK. ...
Robotics, AI​​ and 3D printing could close UK's productivity gap image
.... “Our gut feeling is we can, but we still need to prove that,” Maier says. “The absolute nightmare for me would be that we’re applying this technology, we’re displacing jobs as a result of it – which will happen – but what we’re not doing at the same time is creating all the jobs in computer science, in data analytics, in software code writing. ...
Apple can’t just make iPhones for ever. What’s next? image
Source : Guardian [Read Article] Sunday 7th of May 2017 06:00:25 AM
....While the Apple Watch may be popular with those who use it, it has certainly not created a new platform of customers for the company to meaningfully develop – not yet, anyway. Reports in the technology industry suggest that the next iPhone will be a significant step forward. ...
Dumped by a stranger image
Source : BBC [Read Article] Friday 5th of May 2017 09:03:51 PM
....While the messages can be personalised, Evan is keen to stress the company would never relay anything "offensive or damaging". Over the past 18 months, the brothers have ended "hundreds and hundreds" of relationships while also working full-time jobs in technology and property development. ...
HSBC chairman Douglas Flint recalls the good, the bad and the scandalous image
.... The industry will reconfigure, London will reconfigure. The talent pool that is here, the ecosystem that exists of lawyers, accountants, trustees, the insurance market, brokers, every kind of financial sector player , the technology sector, legal system, the infrastructure and Greenwich mean time means that it’s an attractive place to run any business. ...
Diesel scrappage scheme being considered image
Source : BBC [Read Article] Friday 5th of May 2017 12:51:15 PM
....So why so hush-hush? Well, ministers are trying to serve two sets of voters: parents who don't want their children breathing toxic air, and diesel drivers who don't want to be penalised for buying their vehicles in good faith. One key question will be how much money the government is willing to throw at the problem to encourage cleaner technology. ...
China's first big passenger plane takes off for maiden flight image
.... . The plane still relies on a wide array of imported technology though, it is for instance powered by engines from French-US supplier CFM International. ...
Hello Arizona   image
Source : BBC [Read Article] Thursday 4th of May 2017 11:27:10 PM
....It's also driven by growth in insurance, investment advice and consumer lending jobs, over the trading and securities roles historically based in New York. Just as important, companies say, is that new technology and the rise of online banking means they can look more broadly when making location decisions. ...

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