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....The operating system is also reported to include a new biometric authentication mechanism, Face ID, that uses sensors that can recognize a user looking at the display. Another innovation is reportedly a messaging app, Animoji, that uses the 3D technology to create emojis reflecting the user’s expression. ... [Read full article on Guardian ]
Monday 11th of September 2017 02:15:00 AM
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....”. The Collective’s head of technology, Jon Taylor, said: “One of the biggest barriers to the popularity of bitcoin is making it more consumer-friendly, and we believe this will become established as an easy and convenient way to pay deposits. ... [Read full article on Guardian ]
Monday 4th of September 2017 04:03:57 PM
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.... Experts hailed Monday’s auction results, for a group of windfarms that will open early in the next decade, as evidence that large scale renewable projects had come of age in Britain. “The epoch of renewables as the most cost competitive technology has arrived,” said energy analysts Cornwall Insight, while the Economist Intelligence Unit said they showed “the trajectory of cheaper renewable technologies is irreversible”. ... [Read full article on Guardian ]
Monday 11th of September 2017 06:55:21 AM
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. Google systematically pays women less than men doing similar work, according to a class action-lawsuit accusing the technology company of denying promotions and career opportunities to qualified women who are “segregated” into lower-paying jobs. ... [Read full article on Guardian ]
Thursday 14th of September 2017 06:00:42 PM
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....But Speth also warned of the unintended consequences of the electrification of cars and arrival of autonomous vehicles. The UK’s 250,000-plus lorry drivers are at risk from driverless technology, with knock-on effects for the UK’s social fabric, he said. ... [Read full article on Guardian ]
Thursday 7th of September 2017 06:46:15 AM
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....“Many [governments] could be forced to impose substantial spending cuts within the next five years, straining living standards and so creating unrest in areas already suffering from instability. So changes in mobility, in technology, will change the geopolitical map of the world,” he said. ... [Read full article on Guardian ]
Sunday 10th of September 2017 06:00:29 AM
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.... Its Vivoactive 3 smartwatch will allow wearers to be able to pay via their watch. This month is the tenth anniversary of contactless or “touch and go” payments in the UK, and banks and payments companies are researching ever-more adventurous ways technology could be used to make it even faster. ... [Read full article on Guardian ]
Saturday 2nd of September 2017 06:00:07 AM
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.... The National Centre for Privatisation, which began operating in March this year, has drawn up a list that reads like a cross-section of the Saudi economy. “Environment, water and agriculture; transport; energy, industry and mineral resources; labour and social development; housing; education; health; municipalities; telecommunication and information technology; and Hajj and Umrah [Islamic pilgrimage] services,” its website declares, are all subject to the programme. ... [Read full article on Guardian ]
Saturday 2nd of September 2017 03:00:17 PM
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....The move would follow similar plans announced by France and Britain to outlaw the sale of petrol and diesel cars and vans from 2040 in order to clamp down on harmful emissions. Xin Guobin, vice-minister of industry and information technology, told a forum in the northern city of Tianjin at the weekend that his ministry had started “relevant research” and was working on a timetable for China. ... [Read full article on Guardian ]
Monday 11th of September 2017 04:52:23 AM
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....If they press sad, they are asked whether they are sure about their decision and, if they press it again, they can be called in by managers to discuss why they did so. Staff can be identified because the touchpad uses fingerprint recognition technology to identify those who express discontent. ... [Read full article on Guardian ]
Friday 1st of September 2017 03:33:38 PM
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.... The project became a major test case for the grid storage industry’s ability to make the grid more efficient and clean. “To go from something that we thought of as kind of the future technology to, all of a sudden, it coming to the rescue so quickly – yeah, I think that’s a huge success story,” said John Zahurancik, president of AES Energy Storage. ... [Read full article on Guardian ]
Friday 15th of September 2017 06:00:02 AM
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....Khosrowshahi was picked ahead of the former General Electric CEO Jeff Immelt and Meg Whitman, the chief executive of HP Enterprise, following a two-month search. He joined from Expedia which, according to a statement from Uber’s board, “he built into one of the world’s leading travel and technology companies”. ... [Read full article on Guardian ]
Wednesday 30th of August 2017 06:45:55 PM
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....Airbus’s factory in Broughton, Flintshire, is where the pan-European aerospace and defence group manufactures all the wings for its commercial aircraft. The well-paid jobs, cutting-edge technology and headline-grabbing products are highly prized – by Britain, and by other Airbus factories around Europe. ... [Read full article on Guardian ]
Sunday 3rd of September 2017 02:33:15 PM
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....The RSA’s prediction of the impact of robotics on working lives is lower than some other estimates. Four years ago, academics at the University of Oxford predicted 35% of jobs could be rendered obsolete by new technology, while the Bank of England predicted in 2015 that up to 15m jobs in Britain were at risk from robots “hollowing out” the workforce. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 10:34:36 AM
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....Marks & Spencer is poised to lose its crown in the British fashion industry to its younger online rival Asos, in what is being described as a seminal moment for UK retail. In the latest sign of traditional corporate powerhouses being overtaken by newer technology-focused firms, the market value of 17-year-old Asos is just shy of £100m below that of the 113-year-old mainstay of the UK high street. ... [Read full article on Guardian ]
Wednesday 30th of August 2017 11:26:35 AM
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....Campaigners called on the government to end arms sales to the United Arab Emirates in light of its record on human rights. They accused the government of negotiating trade deals to sell the Gulf state cyber surveillance technology which the UAE government uses to spy on its citizens, and weaponry which, they allege, has been used to commit war crimes in Yemen. ... [Read full article on Guardian ]
Saturday 9th of September 2017 11:04:21 PM
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. This year’s iPhone launch event hit a rocky patch when Apple exec Craig Federighi went to demonstrate the iPhone X’s facial recognition technology, Face ID, which replaces the fingerprint scanner as a security mechanism. ... [Read full article on Guardian ]
Wednesday 13th of September 2017 06:40:15 AM
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....The commercial trucking industry appears interested in Musk’s proposed battery-powered heavy-duty vehicle, which can compete with conventional diesels and travel up to 1,000 miles on a single tank of fuel. But analysts remain sceptical that battery technology, which takes up significantly more volume and is heavier than conventional fuels, is capable of matching diesel as a power source without reducing the truck’s maximum payload. ... [Read full article on Guardian ]
Thursday 14th of September 2017 11:39:29 AM
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....The government is providing £8. 1m in funding for trials of the technology. ... [Read full article on Guardian ]
Thursday 24th of August 2017 11:01:33 PM
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....Windfarms around Britain’s coast will beat the planned nuclear power station Hinkley Point on price when the winning bidders for a £290m-a-year pot of government subsidies are announced on Monday, experts predict. Such a milestone would mark a dramatic cost reduction for a technology that was once far more expensive than atomic power, and could fuel calls for a rethink over the UK’s future energy mix. ... [Read full article on Guardian ]
Sunday 10th of September 2017 11:16:29 AM
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....“There is a change and we are really starting with electrified cars, but we do not hide our normal cars,” he said, adding that the company was putting a “huge amount of money” into the development of battery-powered cars. One Mercedes-Benz executive said that with €10bn committed to work on electric vehicles it was, if anything, overinvesting in the technology compared with its peers. ... [Read full article on Guardian ]
Friday 15th of September 2017 01:35:15 PM
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.... Households would save about £270 a year on bills, and more through less tangible improvements such as healthier lifestyles from warmer homes and better air quality. A further quarter of current domestic energy use could also be cut – reducing the UK’s domestic energy consumption by half, or as much as could be generated by 12 new nuclear reactors the size of Hinkley Point C – but this would require investment, for instance in solid wall insulation, heat pumps and demand management technology, which would be less likely to be repaid in bill savings within 20 years. ... [Read full article on Guardian ]
Wednesday 6th of September 2017 05:45:23 AM
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....Apple is following the road taken by Waymo, the autonomous vehicle subsidiary of Google-parent Alphabet, and downshifting on its still-unannounced self-driving car project, according to a report in the New York Times. The company has been working on its automotive technology under the internal code name “Project Titan” since at least 2014, and once intended to build its own vehicle from start to finish, creating a true “Apple Car”. ... [Read full article on Guardian ]
Wednesday 23rd of August 2017 10:27:47 AM
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. The chief executive of Deutsche Bank has issued a stark warning about the impact of technology, saying a “big number” of his staff will lose their jobs as robots take over. ... [Read full article on Guardian ]
Wednesday 6th of September 2017 05:58:41 PM
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.... It quickly became the darling of the elite, of the international media, and of that mythical, omniscient tribe: the “digital natives”. While an occasional critic – always easy to dismiss as a neo-Luddite – did voice concerns about their disregard for privacy or their geeky, almost autistic aloofness, public opinion was firmly on the side of technology firms. ... [Read full article on Guardian ]
Saturday 2nd of September 2017 11:05:28 PM
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....”. Most small modular reactors (SMRs) would generate less than a tenth of the power the projected Hinkley Point C will provide, but are backed by industry as a cheaper option to big nuclear plants and an opportunity for British firms to be first in a new technology. ... [Read full article on Guardian ]
Sunday 17th of September 2017 11:01:53 PM
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.... Apple says Face ID is capable of identifying the phone’s owner from a 3D scan of the face in order to unlockthe device, authenticate payments and input saved passwords into log-in screens as well as integrate into third-party apps. Similar systems have been used by Microsoft for its Windows Hello-capable Surface computer line, but no one has yet cracked the technology on a smartphone. ... [Read full article on Guardian ]
Tuesday 12th of September 2017 06:57:46 PM
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....He calls it “Airbnb for cars”, and if Victor van Tol is right, people sharing their vehicles could mean a Europe with 5m fewer of them in five years. In 2011, Dutchmen van Tol and Pascal Ontijd launched Snappcar, a technology platform for car owners to rent their vehicles. ... [Read full article on Guardian ]
Monday 4th of September 2017 08:02:59 AM
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. Last week, much of the tech world was temporarily unhinged by a circus in Cupertino, where a group of ageing hipster billionaires unveiled some impressive technology while miming the argot of teenage fandom (incredible, amazing, awesome, etc) and pretending that they were changing the world. ... [Read full article on Guardian ]
Sunday 17th of September 2017 06:00:33 AM
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....Signs of Amazon’s plans for Whole Foods, purchased for $13. 7bn in June with the stated ambition of marrying technology and rapid distribution to the bricks-and-mortar business of food retail – including placing a stand of Amazon Echo devices, discounted from $149. ... [Read full article on Guardian ]
Monday 28th of August 2017 04:16:46 PM
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Latest Finance News related to Technology

Deliveroo boss Will Shu gives himself 22.5% rise amid battle over riders' pay image
Source : Guardian [Read Article] Thursday 21st of September 2017 05:21:52 PM
....A spokesperson for Deliveroo said: “Deliveroo is going from strength to strength, with revenue jumping by over 600% across our global markets in 2016. “Deliveroo is investing heavily in new technology and our innovative delivery-only Editions kitchens across the world. ...
EU to find ways to make Google, Facebook and Amazon pay more tax image
Source : Guardian [Read Article] Thursday 21st of September 2017 09:34:03 AM
. The EU is pushing ahead with plans to rewrite tax rules for technology companies, aimed at increasing governments’ take from the likes of Google, Facebook and Amazon. ...
Tata Steel to merge European operations with ThyssenKrupp image
Source : Guardian [Read Article] Wednesday 20th of September 2017 07:49:04 AM
....“The government has been working hard with the unions to secure a sustainable future for Tata Steel in the UK, its 4,000 employees at the Port Talbot site and its supply chain. “Today’s agreement between Tata Steel and ThyssenKrupp is an important next step in establishing their shared ambition for Port Talbot as a world-class steel manufacturer, with a focus on quality, technology and innovation. ...
Government backs tighter rules on takeover of UK companies image
Source : Guardian [Read Article] Tuesday 19th of September 2017 06:21:29 PM
....Unilever chief executive Paul Polman argued that defending companies needed more time to audit detailed cost-savings set out by their potential owners. The acquisition of Cambridge-based technology firm ARM by Japan’s SoftBank last year also highlighted concerns over the loss of important British technology assets to overseas buyers. ...
What you need to know about car loans image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:50:45 PM
.... In this way, the risk of a car maintaining its value after three years is passed to the leasing firm and ultimately the car company, which has shouldered the risk of a slump in secondhand car values. It says developments in technology have allowed it to accurately calculate depreciation values and therefore provide comfort to the car companies that are taking the risk of a shortfall when the deal concludes. ...
Robots 'could take 4m UK private sector jobs within 10 years' image
Source : Guardian [Read Article] Tuesday 19th of September 2017 10:34:36 AM
....The RSA’s prediction of the impact of robotics on working lives is lower than some other estimates. Four years ago, academics at the University of Oxford predicted 35% of jobs could be rendered obsolete by new technology, while the Bank of England predicted in 2015 that up to 15m jobs in Britain were at risk from robots “hollowing out” the workforce. ...
Most Britons 'dislike prospect of living near mini nuclear station' image
Source : Guardian [Read Article] Sunday 17th of September 2017 11:01:53 PM
....”. Most small modular reactors (SMRs) would generate less than a tenth of the power the projected Hinkley Point C will provide, but are backed by industry as a cheaper option to big nuclear plants and an opportunity for British firms to be first in a new technology. ...
Why you should invest your money both in Britain and overseas image
Source : Daily Express [Read Article] Sunday 17th of September 2017 01:55:00 PM
....The benchmark FTSE 100 is over exposed to the volatile oil and gas sector through oil majors such as BP and Royal Dutch Shell, and has struggled with the price of crude plunging to $50 a barrel. “At the same time, UK investors have missed out on the explosive growth in technology companies such as Apple, Facebook, Samsung and Chinese internet giant Alibaba,” Whitehead says. ...
It’s one rule for big data, another for its victims | John Naughton image
Source : Guardian [Read Article] Sunday 17th of September 2017 06:00:33 AM
. Last week, much of the tech world was temporarily unhinged by a circus in Cupertino, where a group of ageing hipster billionaires unveiled some impressive technology while miming the argot of teenage fandom (incredible, amazing, awesome, etc) and pretending that they were changing the world. ...
Black Friday 2017 Date: This is when shoppers will get Amazon, Argos, Tesco best deals image
Source : Daily Express [Read Article] Saturday 16th of September 2017 01:50:00 PM
. Black Friday special throws up some of the best deals of the year on the must-have technology and gadgets - giving shoppers the chance to make big savings on Christmas gifts. ...
Nuclear power plants may not keep Britain's lights on, say Lib Dems image
Source : Guardian [Read Article] Saturday 16th of September 2017 07:00:05 AM
....The party said there were legitimate concerns over nuclear’s cost and the risks it would not be delivered on time, just days after windfarms secured state support far more cheaply than the Hinkley Point C atomic power station. However, the party, which voted in support of nuclear four years ago after decades of opposition, said the technology should still be considered an option in the UK’s future energy mix. ...
The elderly could do with a national wealthcare service image
Source : Guardian [Read Article] Saturday 16th of September 2017 06:00:04 AM
.... A broader programme like that, available in branches, jointly funded by the banks and aimed at the over-75s, could be hugely beneficial. We can also harness technology to improve oversight. ...
Driving force: are electric cars crowding out traditional engines? image
Source : Guardian [Read Article] Friday 15th of September 2017 01:35:15 PM
....“There is a change and we are really starting with electrified cars, but we do not hide our normal cars,” he said, adding that the company was putting a “huge amount of money” into the development of battery-powered cars. One Mercedes-Benz executive said that with €10bn committed to work on electric vehicles it was, if anything, overinvesting in the technology compared with its peers. ...
Don’t let the bankers fool you: bitcoin is here to stay | Dominic Frisby image
Source : Guardian [Read Article] Friday 15th of September 2017 11:25:21 AM
.... So there is something to what he says, even if the system itself is inherently anti-fraudulent. Dimon declares that we will use the technology – blockchain technology – but that bitcoin will be shut down. ...
California’s big battery experiment: a turning point for energy storage? image
Source : Guardian [Read Article] Friday 15th of September 2017 06:00:02 AM
.... The project became a major test case for the grid storage industry’s ability to make the grid more efficient and clean. “To go from something that we thought of as kind of the future technology to, all of a sudden, it coming to the rescue so quickly – yeah, I think that’s a huge success story,” said John Zahurancik, president of AES Energy Storage. ...
Google 'segregates' women into lower-paying jobs, stifling careers, lawsuit says image
. Google systematically pays women less than men doing similar work, according to a class action-lawsuit accusing the technology company of denying promotions and career opportunities to qualified women who are “segregated” into lower-paying jobs. ...
Elon Musk: Tesla electric lorry to be unveiled in late October image
Source : Guardian [Read Article] Thursday 14th of September 2017 11:39:29 AM
....The commercial trucking industry appears interested in Musk’s proposed battery-powered heavy-duty vehicle, which can compete with conventional diesels and travel up to 1,000 miles on a single tank of fuel. But analysts remain sceptical that battery technology, which takes up significantly more volume and is heavier than conventional fuels, is capable of matching diesel as a power source without reducing the truck’s maximum payload. ...
Philip Hammond tells the City he will protect its global position image
Source : Guardian [Read Article] Wednesday 13th of September 2017 07:00:18 PM
....Hammond said: “It is my priority as chancellor to ensure that the UK remains the financial services centre of the world. “We have the timezone, the language, the legal system, the talent, the capital markets, and the tech centre to succeed,” he added, saying that he also wanted the UK to be a leader in financial technology. ...
Brexit won't solve issues that led to leave vote, says ex-trade minister image
Source : Guardian [Read Article] Wednesday 13th of September 2017 07:24:27 AM
....He said overall, the advent of a new digital age would turn the migration debate into a red herring. “In a digital age the debate is how do we take labour out, put technology in – all to reduce costs. ...
iPhone X: even an embarrassing launch glitch can't knock Apple off the top image
Source : Guardian [Read Article] Wednesday 13th of September 2017 06:40:15 AM
. This year’s iPhone launch event hit a rocky patch when Apple exec Craig Federighi went to demonstrate the iPhone X’s facial recognition technology, Face ID, which replaces the fingerprint scanner as a security mechanism. ...
iPhone X: new Apple smartphone dumps home button for all-screen design image
Source : Guardian [Read Article] Tuesday 12th of September 2017 06:57:46 PM
.... Apple says Face ID is capable of identifying the phone’s owner from a 3D scan of the face in order to unlockthe device, authenticate payments and input saved passwords into log-in screens as well as integrate into third-party apps. Similar systems have been used by Microsoft for its Windows Hello-capable Surface computer line, but no one has yet cracked the technology on a smartphone. ...
Tim Cook: Apple products aren't just for the rich image
Source : Guardian [Read Article] Tuesday 12th of September 2017 11:53:35 AM
.... The phone will likely cost at least $1,000 in the US, compared to rivals like Samsung’s Galaxy Note 8, which is selling for $929. Cook also used the interview to hammer home Apple’s long-running message that it, and only it, is a technology firm dedicated to preserving users’ privacy. ...
Hinkley nuclear power is being priced out by renewables | Nils Pratley image
Source : Guardian [Read Article] Monday 11th of September 2017 06:12:14 PM
.... Even the post-Brexit fall in sterling has not altered the script because more of the equipment is produced in the UK these days. By contrast, nuclear – a technology that has been around for half a century – seems to only become more expensive in a world of tighter safety regulation. ...
Nuclear plans 'should be rethought after fall in offshore windfarm costs' image
Source : Guardian [Read Article] Monday 11th of September 2017 06:55:21 AM
.... Experts hailed Monday’s auction results, for a group of windfarms that will open early in the next decade, as evidence that large scale renewable projects had come of age in Britain. “The epoch of renewables as the most cost competitive technology has arrived,” said energy analysts Cornwall Insight, while the Economist Intelligence Unit said they showed “the trajectory of cheaper renewable technologies is irreversible”. ...
Hello dolly: the classic toys making a comeback image
Source : Guardian [Read Article] Monday 11th of September 2017 06:00:00 AM
....5bn. In an era dominated by technology, it would be reasonable to expect that video games and digitally-driven toys are fuelling such growth. ...
China to ban production of petrol and diesel cars 'in the near future' image
Source : Guardian [Read Article] Monday 11th of September 2017 04:52:23 AM
....The move would follow similar plans announced by France and Britain to outlaw the sale of petrol and diesel cars and vans from 2040 in order to clamp down on harmful emissions. Xin Guobin, vice-minister of industry and information technology, told a forum in the northern city of Tianjin at the weekend that his ministry had started “relevant research” and was working on a timetable for China. ...
iPhone X: Apple’s latest iPhone name leaks ahead of official release image
Source : Guardian [Read Article] Monday 11th of September 2017 02:15:00 AM
....The operating system is also reported to include a new biometric authentication mechanism, Face ID, that uses sensors that can recognize a user looking at the display. Another innovation is reportedly a messaging app, Animoji, that uses the 3D technology to create emojis reflecting the user’s expression. ...
UK windfarms cheaper than Hinkley Point, experts claim image
Source : Guardian [Read Article] Sunday 10th of September 2017 11:16:29 AM
....Windfarms around Britain’s coast will beat the planned nuclear power station Hinkley Point on price when the winning bidders for a £290m-a-year pot of government subsidies are announced on Monday, experts predict. Such a milestone would mark a dramatic cost reduction for a technology that was once far more expensive than atomic power, and could fuel calls for a rethink over the UK’s future energy mix. ...
Global shockwaves from electric cars will be here sooner rather than later image
Source : Guardian [Read Article] Sunday 10th of September 2017 06:00:29 AM
....“Many [governments] could be forced to impose substantial spending cuts within the next five years, straining living standards and so creating unrest in areas already suffering from instability. So changes in mobility, in technology, will change the geopolitical map of the world,” he said. ...
British arms sales to repressive regimes soar to £5bn since election image
Source : Guardian [Read Article] Saturday 9th of September 2017 11:04:21 PM
....Campaigners called on the government to end arms sales to the United Arab Emirates in light of its record on human rights. They accused the government of negotiating trade deals to sell the Gulf state cyber surveillance technology which the UAE government uses to spy on its citizens, and weaponry which, they allege, has been used to commit war crimes in Yemen. ...
Secure smartphone app could replace fraud-prone paper passports image
Source : Guardian [Read Article] Saturday 9th of September 2017 11:01:20 PM
....Handing people a more secure, digital proof of identity would reduce online crime and save money, according to the Social Market Foundation. It points out that other countries have already developed secure ID technology and Britain has “not fully kept up with technological and social change”. ...
The $1tn question: how far can the new iPhone 8 take Apple? image
Source : Guardian [Read Article] Saturday 9th of September 2017 03:00:11 PM
.... The screen will also cover more of the front, allowing the display to go right to the edges. And the screen will use a technology bought from Samsung – called Amoled, or active matrix organic light-emitting diode – which gives brighter colours. ...
Tory EU migration crackdown plans: the key questions answered image
Source : Guardian [Read Article] Saturday 9th of September 2017 03:00:11 PM
....Industries with skills shortages would have to move quickly to train their staff and new recruits. They should also introduce automation and robotic technology to overcome labour shortages and raise levels of productivity. ...
Jaguar Land Rover to make only electric or hybrid cars from 2020 image
Source : Guardian [Read Article] Thursday 7th of September 2017 06:46:15 AM
....But Speth also warned of the unintended consequences of the electrification of cars and arrival of autonomous vehicles. The UK’s 250,000-plus lorry drivers are at risk from driverless technology, with knock-on effects for the UK’s social fabric, he said. ...
Deutsche Bank boss says 'big number' of staff will lose jobs to automation image
Source : Guardian [Read Article] Wednesday 6th of September 2017 05:58:41 PM
. The chief executive of Deutsche Bank has issued a stark warning about the impact of technology, saying a “big number” of his staff will lose their jobs as robots take over. ...
Better energy efficiency measures could cut UK costs by £7.5bn image
Source : Guardian [Read Article] Wednesday 6th of September 2017 05:45:23 AM
.... Households would save about £270 a year on bills, and more through less tangible improvements such as healthier lifestyles from warmer homes and better air quality. A further quarter of current domestic energy use could also be cut – reducing the UK’s domestic energy consumption by half, or as much as could be generated by 12 new nuclear reactors the size of Hinkley Point C – but this would require investment, for instance in solid wall insulation, heat pumps and demand management technology, which would be less likely to be repaid in bill savings within 20 years. ...
London developer to allow rental tenants to pay deposits in bitcoin image
Source : Guardian [Read Article] Monday 4th of September 2017 04:03:57 PM
....”. The Collective’s head of technology, Jon Taylor, said: “One of the biggest barriers to the popularity of bitcoin is making it more consumer-friendly, and we believe this will become established as an easy and convenient way to pay deposits. ...
The rise of SnappCar, the business that lets you rent out your car image
Source : Guardian [Read Article] Monday 4th of September 2017 08:02:59 AM
....He calls it “Airbnb for cars”, and if Victor van Tol is right, people sharing their vehicles could mean a Europe with 5m fewer of them in five years. In 2011, Dutchmen van Tol and Pascal Ontijd launched Snappcar, a technology platform for car owners to rent their vehicles. ...
Britain's aerospace sector could be priced out after Brexit image
Source : Guardian [Read Article] Sunday 3rd of September 2017 02:33:15 PM
....Airbus’s factory in Broughton, Flintshire, is where the pan-European aerospace and defence group manufactures all the wings for its commercial aircraft. The well-paid jobs, cutting-edge technology and headline-grabbing products are highly prized – by Britain, and by other Airbus factories around Europe. ...
The longer Brexit stays up in the air, the higher the risk flights will be grounded image
....Carbon credit markets allow low emitters to sell their spare credits to heavy polluters. The high cost of the credits should persuade the worst offenders that investment in new technology is a better route to high profits than submitting to ever-more expensive carbon credits. ...
Silicon Valley has been humbled. But its schemes are as dangerous as ever | Evgeny Morozov image
.... It quickly became the darling of the elite, of the international media, and of that mythical, omniscient tribe: the “digital natives”. While an occasional critic – always easy to dismiss as a neo-Luddite – did voice concerns about their disregard for privacy or their geeky, almost autistic aloofness, public opinion was firmly on the side of technology firms. ...
The great Saudi sell-off: why bankers and lawyers are flocking to the Gulf image
Source : Guardian [Read Article] Saturday 2nd of September 2017 03:00:17 PM
.... The National Centre for Privatisation, which began operating in March this year, has drawn up a list that reads like a cross-section of the Saudi economy. “Environment, water and agriculture; transport; energy, industry and mineral resources; labour and social development; housing; education; health; municipalities; telecommunication and information technology; and Hajj and Umrah [Islamic pilgrimage] services,” its website declares, are all subject to the programme. ...
Contactless means your car keys are the debit card of the future image
Source : Guardian [Read Article] Saturday 2nd of September 2017 06:00:07 AM
.... Its Vivoactive 3 smartwatch will allow wearers to be able to pay via their watch. This month is the tenth anniversary of contactless or “touch and go” payments in the UK, and banks and payments companies are researching ever-more adventurous ways technology could be used to make it even faster. ...
Former Provident Financial chief forfeits £4m after profit warning image
Source : Guardian [Read Article] Friday 1st of September 2017 05:56:36 PM
....Provident’s home lending business has struggled after it axed its 130-year-old model of using self-employed agents, who travelled door to door offering loans to people struggling financially and collecting debts. It replaced them with iPad-carrying “customer experience managers” whose daily activity was to be directed by computer software and saw its collections plummet amid problems with the technology and efforts by rivals to poach its best agents and their clients. ...
Sports Direct workers invited to press sad or happy emoji clocking in image
Source : Guardian [Read Article] Friday 1st of September 2017 03:33:38 PM
....If they press sad, they are asked whether they are sure about their decision and, if they press it again, they can be called in by managers to discuss why they did so. Staff can be identified because the touchpad uses fingerprint recognition technology to identify those who express discontent. ...
David Davis takes aim at Trump's isolationist rhetoric in US speech image
Source : Guardian [Read Article] Friday 1st of September 2017 03:14:33 PM
....Speaking to the US Chamber of Commerce, Davis said Britain would not take part in a “race to the bottom” in order to secure new free trade deals with countries outside the EU after Brexit. But he conceded that one of the UK government’s Brexit proposals, a so-called track-and-trace scheme using technology and trust to replace customs controls as part of a mooted new customs arrangement, may not happen. ...
Dara Khosrowshahi's Uber in-tray: 20 issues new chief must address image
Source : Guardian [Read Article] Wednesday 30th of August 2017 07:26:40 PM
.... This gave the company useful information but was of questionable benefit to users. It also spawned a distracting row with the technology world’s alpha tech bro, Apple. ...
New Uber CEO meets staff as emotional Travis Kalanick gets standing ovation image
Source : Guardian [Read Article] Wednesday 30th of August 2017 06:45:55 PM
....Khosrowshahi was picked ahead of the former General Electric CEO Jeff Immelt and Meg Whitman, the chief executive of HP Enterprise, following a two-month search. He joined from Expedia which, according to a statement from Uber’s board, “he built into one of the world’s leading travel and technology companies”. ...
Asos poised to overtake M&S in 'seminal moment' for UK fashion image
Source : Guardian [Read Article] Wednesday 30th of August 2017 11:26:35 AM
....Marks & Spencer is poised to lose its crown in the British fashion industry to its younger online rival Asos, in what is being described as a seminal moment for UK retail. In the latest sign of traditional corporate powerhouses being overtaken by newer technology-focused firms, the market value of 17-year-old Asos is just shy of £100m below that of the 113-year-old mainstay of the UK high street. ...
'They kept us stewing, then came euphoria': how to sell your business image
Source : Guardian [Read Article] Wednesday 30th of August 2017 06:00:22 AM
.... The report also predicts companies in the sectors of Artificial Intelligence (AI) and Internet of Things (IoT) to feature prominently in market and acquisitions activity in 2017 and beyond. Richard Goold, head of technology law at EY, says: “Soon, almost every software company will be a combination of cloud, AI and machine learning. ...
How can small businesses beat the Brexit blues? image
Source : Guardian [Read Article] Tuesday 29th of August 2017 11:55:12 AM
....”. Developing on Reader’s theme, Barnard recommends keeping in touch with your technology providers, particularly if you use an e-commerce platform to undertake business abroad. ...
Amazon's tech-style takeover of Whole Foods: cheaper produce and 'farm fresh' Echos image
....Signs of Amazon’s plans for Whole Foods, purchased for $13. 7bn in June with the stated ambition of marrying technology and rapid distribution to the bricks-and-mortar business of food retail – including placing a stand of Amazon Echo devices, discounted from $149. ...
Your online identity is precious. Here’s how to protect it | Holly Brockwell image
.... But realistically, it’s rare for people to fall victim to persistent targeted attacks – they’re usually more opportunistic (unless, of course, you’re prominent or controversial in some way, or have a desirable username on a popular service). • Holly Brockwell is a freelance technology journalist and editor of Gadgette, an online magazine about tech. ...
Viagogo: ACCC launches legal action against 'misleading' ticket reseller image
....“Ticket scalpers are no longer the shadowy figures with long overcoats and tickets attached to the inside of their coats,’’ he said. The technology available to scalpers had overtaken consumer laws which, he said, were “stuck in the 19th century’’. ...
Ethical investment funds: Five-minute guide to moral money management  image
Source : Daily Express [Read Article] Sunday 27th of August 2017 12:01:00 AM
....MoneyToTheMasses. com founder Damien Fahy says: “This leaves you exposed to a relatively small investment universe, notably technology and financial stocks. ...
All aboard the north’s rail powerhouse image
Source : Guardian [Read Article] Saturday 26th of August 2017 02:59:39 PM
....“We’re also home to the UK’s largest concentration of rail engineering businesses. The message to them has been that we will press ahead with electrification – so most suppliers haven’t pressed ahead with diesel technology. ...
Semi-automated truck convoys get green light for UK trials image
Source : Guardian [Read Article] Thursday 24th of August 2017 11:01:33 PM
....The government is providing £8. 1m in funding for trials of the technology. ...
Dixons Carphone warns on profits as customers keep phones for longer image
Source : Guardian [Read Article] Thursday 24th of August 2017 07:26:47 AM
....Dixons – the biggest seller of mobile phones and contracts in the UK – hopes that the launch of Apple’s iPhone 8, expected about 12 September, will bring customers back into its shops. James said: “One of the catalysts that will bring people into the market is a piece of technology they want to own. ...
Apple puts brakes on self-driving car project, report says image
Source : Guardian [Read Article] Wednesday 23rd of August 2017 10:27:47 AM
....Apple is following the road taken by Waymo, the autonomous vehicle subsidiary of Google-parent Alphabet, and downshifting on its still-unannounced self-driving car project, according to a report in the New York Times. The company has been working on its automotive technology under the internal code name “Project Titan” since at least 2014, and once intended to build its own vehicle from start to finish, creating a true “Apple Car”. ...
Have you experienced harassment as a tech employee or worker in the gig economy? image
.... But there has been much less scrutiny of the challenges facing the lower-paid workforces that allow the industry to function. We’d like to hear from those who work in the technology industry. ...
Investment risk: How Bitcoin turns early investors into millionaires image
Source : Daily Express [Read Article] Wednesday 23rd of August 2017 09:32:00 AM
....”. Ayondo chief trader Jordan Hiscott says Bitcoin is now a mainstream asset, but he warned: “It reminds me of the technology bubble and could end the same way. ...
Provident Financial sees nearly £1.7bn wiped off stock market value image
Source : Guardian [Read Article] Tuesday 22nd of August 2017 09:40:50 AM
....7bn off its stock market value. The rapid deterioration in Provident’s performance, less than two years after it entered the FTSE 100, comes after a botched attempt to overhaul its 130-year-old business model by cutting staff numbers and ramping up its use of technology. ...
UK credit and debit card spending ​growing​ at fastest rate since 2008 image
....6% in the 12 months to the end of December. The figures illustrate a growing trend for card payments instead of cash and cheques, buoyed by contactless technology. ...
Chinese carmaker Great Wall looks at bidding for Fiat Chrysler image
Source : Guardian [Read Article] Monday 21st of August 2017 09:27:46 AM
....I think Great Wall Motor is eyeing a global strategy, not just the United States. Sergio Marchionne, chief executive, is seeking a partner or buyer for the Italian-American group to help it manage rising costs, comply with emissions regulations and develop technology for electric and self-driving cars. ...
Robots will not lead to fewer jobs – but the hollowing out of the middle class | Larry Elliott image
. Throughout modern history there has been a recurrent fear that jobs will be destroyed by technology. ...
Silicon Roundabout gets Brexit jitters image
Source : Guardian [Read Article] Saturday 19th of August 2017 11:05:27 PM
. It was earlier this summer when Justin Grierson noticed that the number of “hackathons” seemed to be trailing off around “Silicon Roundabout”, the east London area touted as Britain’s answer to the Californian valley that is home to technology giants Google and Facebook. ...
Former burglars say barking dogs and CCTV are best deterrent image
Source : Guardian [Read Article] Friday 18th of August 2017 05:01:14 AM
....Eleven of the 12 ex-convicts said they would be put off targeting a smart, connected home; eight admitted they would not try to break into connected cars. Only 5% of adults surveyed by Co-op have invested in smart technology for their homes and cars. ...
Apple denounces neo-Nazis as Spotify bans ‘white power’ tracks image
Source : Guardian [Read Article] Thursday 17th of August 2017 11:16:34 AM
. Apple, LinkedIn, Spotify and Twitter have joined a growing chorus of technology companies to hit out at the far right and Donald Trump’s attempt to put white supremacists and leftwing counter-demonstrators at Saturday’s Charlottesville protest on the same moral plane. ...
Why haven't politicians learned from the financial crisis? | Mohamed El-Erian image
.... They have not addressed anti-growth distortions that undermine the efficacy of tax systems, financial intermediation and trade. And they have failed to keep up with technology, taking advantage of the potential benefits of big data, machine learning, artificial intelligence and new forms of mobility, while managing effectively the related risks. ...
Brexit is a chance for farming reform – but we must get the policy right | Ngaire Woods image
....The UK must also ensure that its agricultural sector can take advantage of new technologies. Here, too, New Zealand provides a helpful example, with its proactive strategy focused on bringing together the public and private sectors to identify high-value-added opportunities and investments in research and technology. ...
Lack of diversity in UK's top firms could hamper post-Brexit trade deals image
Source : Guardian [Read Article] Wednesday 16th of August 2017 11:01:15 PM
....Rolls-Royce said it was working to bring more people from diverse backgrounds into its workforce. “We are well aware of the need to attract talent from more diverse backgrounds, not only into our business, but into the wider engineering and technology industry. ...
Nokia 8 hopes to beat Apple and Samsung with 'bothie', a new version of the selfie image
....Nokia handsets are being revived by HMD Global, a private equity-backed firm led by former employees of the Finnish company. The company is pushing what it calls the “bothie” as the next evolution of the selfie, using Nokia’s Dual Sight technology to fire up both the rear and front-facing cameras at the same time, shooting video or photos of a subject and the smartphone operator simultaneously, which can be shared live directly to Facebook or YouTube. ...
UK to seek Irish border waivers on customs and food safety after Brexit image
Source : Guardian [Read Article] Wednesday 16th of August 2017 06:27:16 PM
....This has sparked fears of an increase in electronic tracking, whereby electronic surveillance is used instead of physical border security. “Using untested technology to police the border won’t instil a great deal of confidence,” said William Foster, a partner at the immigration law firm Fragomen. ...
End of the checkout line: the looming crisis for American cashiers image
Source : Guardian [Read Article] Wednesday 16th of August 2017 09:00:35 AM
....Duran takes pride in the level of the customer service he provides shoppers, but he’s not convinced that his skills will be sought after in the stores of the future, so he’s exploring going to work in the hotel industry. “It may be good for people that are going into technology,” he said of the onset of automation, “but what about people like myself who are not very technical?”. ...
Bill Gates gives $4.6bn to charity in biggest donation since 2000 image
Source : Guardian [Read Article] Tuesday 15th of August 2017 05:30:31 PM
....”. Gates has been the richest man on the planet since 2013 – apart from a very brief blip last month when Amazon’s Jeff Bezos overtook him for a couple of hours as the technology company’s shares spiked before falling back. ...
RBS preparing to cut nearly 900 IT jobs, says union image
Source : Guardian [Read Article] Tuesday 15th of August 2017 02:33:43 PM
....“Our proposed plans are designed to reduce the number of contractors we employ and strengthen our permanent workforce and while we are downsizing in London we are reinvesting in other UK hubs,” a spokesperson for the bank said. “Inevitably as RBS becomes a simpler, smaller bank focused on the UK and Ireland, our technology function will undergo reorganisation and will reduce over time,” the spokesperson added. ...
UK will 'mirror' much of EU customs system for Brexit, plans reveal image
Source : Guardian [Read Article] Tuesday 15th of August 2017 11:31:05 AM
....Officials hope this would remove the need for all customs checks with the EU because UK exports would also be exempt from tariffs under the planned free trade agreement – though all such promises are subject to extensive negotiation with other member states. The other option envisaged by the government after the interim stage would be a form of the current customs arrangements with countries outside the EU but rely heavily on new technology, such as number plate recognition, to try to avoid physical checks at the border. ...
£14b​n class action case against Mastercard revived image
Source : Guardian [Read Article] Monday 14th of August 2017 05:26:33 PM
....A spokesman for Mastercard, which last month said it welcomed the tribunal’s ruling, said that an appeal against the CAT’s decision would be “without merit”. “Consumers across the UK and around the world derive real value from Mastercard’s payments technology through the benefits of security, convenience and consumer protection. ...

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