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Socially Most Trending News

....Several of the major carmakers, including Renault-Nissan, BMW and VW, have declared ambitious plans for electric cars, supported with grants by governments, which see them as a key way of tackling air pollution and climate change. The VW emissions scandal gave added impetus for companies to focus on the technology, as politicians and campaigners increasingly blamed diesel for cities’ air quality problems. ... [Read full article on Guardian ]
Wednesday 5th of July 2017 09:25:25 AM
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....Trevor Maynard, Lloyd’s head of innovation and co-author of the report with the cybersecurity firm Cyence, said the global cyberattack in May “showed us that these sorts of attacks are absolutely possible”. Financial services is most at risk, followed by software and technology, hospitality, retail and healthcare. ... [Read full article on Guardian ]
Sunday 16th of July 2017 11:01:34 PM
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....". Business Secretary, Greg Clark MP, said: "The UK and Rolls-Royce are known throughout the world as pioneers of advanced engineering technology. ... [Read full article on BBC ]
Thursday 29th of June 2017 09:30:43 AM
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....The transport secretary, Chris Grayling, told the Commons in a written statement that the Hitachi trains – ordered in a deal first announced in 2009 – meant electrification was no longer needed. “New bi-mode train technology offers seamless transfer from diesel power to electric that is undetectable to passengers . ... [Read full article on Guardian ]
Thursday 20th of July 2017 11:21:48 AM
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....He said the danger posed to energy systems was coming to the fore now because of the trend away from well-protected, centralised large power stations and towards decentralised power, such as lots of small, flexible gas power plants and solar panels on homes. There were also a growing number of web-connected devices in energy technology, he added. ... [Read full article on Guardian ]
Sunday 25th of June 2017 04:20:06 PM
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....The new building brings together the British teams from Yoox, the Italian luxury sales site, and Net-a-Porter, the group founded by Natalie Massenet with which it merged in 2015. Yoox Net-a-Porter, the Milan-listed parent group, plans to invest more than €500m (£440m) in technology, warehouses and delivery systems in London and elsewhere to double the size of the business by 2020. ... [Read full article on Guardian ]
Tuesday 27th of June 2017 11:25:53 AM
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. Formula 1 technology has had an impact in many other sectors, from aeronautics to cycling, public transport to data analytics, but now Williams has come up with a hi-tech carrier for critically ill new-born babies. ... [Read full article on BBC ]
Monday 3rd of July 2017 11:04:53 PM
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....The small vehicle, developed by Oxford-based Oxbotica, is spending 10 days delivering food and snacks to Ocado customers who live in the area, to test Ocado’s plans for its “Smart Platform” – a plug-and-play online shopping business that it wants to sell to grocery retailers around the world who hope to compete with the likes of Amazon and Walmart. The trial is the latest evolution of Greenwich’s GATEway project, which initially involved Oxbotica’s autonomous driving technology being tested with small passenger vehicles on the borough’s waterfront near the former Millennium Dome. ... [Read full article on Guardian ]
Tuesday 27th of June 2017 04:02:30 PM
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. The world’s first floating windfarm has taken to the seas in a sign that a technology once confined to research and development drawing boards is finally ready to unlock expanses of ocean for generating renewable power. ... [Read full article on Guardian ]
Tuesday 27th of June 2017 01:55:26 PM
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....The UK’s largest supermarket chain told staff of the cuts on Wednesday morning. A quarter of staff at offices in Welwyn Garden City and Hatfield face the axe, along with some jobs at the Birmingham head office of Tesco’s One Stop chain and the retailer’s technology and retail support centre in Bangalore, India. ... [Read full article on Guardian ]
Wednesday 28th of June 2017 11:05:11 AM
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....” Citing The Great Convergence, Wolf noted that supply chains have already expanded, and that future developments, such as automation and the use of robots, looked to undermine the promise of a growing industrial workforce. Today, the political priorities were less about trade and more about the challenge of retraining workers, as technology renders old jobs obsolete and transforms the world of work. ... [Read full article on Guardian ]
Friday 14th of July 2017 04:28:14 AM
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....ING expects battery-powered cars will beat hydrogen versions on both price and infrastructure. However, the bank said that European carmakers were likely to miss out in the coming electric revolution, because Asian and American competitors had the advantage in battery technology and electric motors. ... [Read full article on Guardian ]
Thursday 13th of July 2017 11:33:41 AM
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. Uber has been rocked by a steady stream of scandals and negative publicity in recent years, including revelations of questionable spy programs, a high-stakes technology lawsuit, claims of sexual harassment and discrimination and embarrassing leaks about executive conduct. ... [Read full article on Guardian ]
Tuesday 27th of June 2017 11:14:33 PM
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.... More than two-thirds of staffed payment terminals in shops are now able to accept contactless cards, up from less than half a year ago. Contactless cards were introduced in the UK in 2007, and initially the public was slow to embrace the technology. ... [Read full article on Guardian ]
Wednesday 12th of July 2017 05:01:15 AM
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....But the choice of Helm, author of a new book on the slow demise of oil companies in the face of energy trends, will be controversial in some quarters because of his criticism of wind and solar power. While acknowledging that renewables are remaking the energy landscape, the professor of energy has criticised the cost of today’s windfarms and solar technology, calling them “expensive” and highlighting the “sheer cost” of electricity generated from renewable sources. ... [Read full article on Guardian ]
Wednesday 12th of July 2017 11:47:05 AM
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....”. However, the existing measure of lateness is likely to persist for some time – partly because, the industry body said, the rail network is only sufficiently connected by existing technology to allow 80% of arrivals at stations to be monitored exactly. ... [Read full article on Guardian ]
Tuesday 18th of July 2017 06:00:12 AM
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....Unfortunately, you have also fallen out with your friend over this, which meant we could not get her permission to ask Sabadell for its side of the story. So much for new technology. ... [Read full article on Guardian ]
Sunday 25th of June 2017 05:59:21 AM
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....Neves started his first business, a software firm, while still studying economics at university in the 1990s. After helping out small fashion firms with technology, he moved into a business where he had a family heritage – his grandfather owned a shoe factory. ... [Read full article on Guardian ]
Friday 23rd of June 2017 11:11:44 PM
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.... We continually upgrade our systems and equipment to ensure that we meet all current industry standards. “To the extent that technology allows this to be done, we regularly support our customers through advice and updates and offer them the chance to upgrade to a Hub 3. ... [Read full article on Guardian ]
Friday 23rd of June 2017 06:53:02 AM
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....”. Kirsten Keith, the mayor of Menlo Park, welcomed Facebook’s plan to help address the rent-price-rise crisis caused by the rapid growth of west-coast technology companies. ... [Read full article on Guardian ]
Sunday 9th of July 2017 06:56:57 PM
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....”. These include digital sensors, wearable smart devices and appliances, virtual reality, augmented reality, Blockchain (the database technology made famous by Bitcoin), 3-D printing, and drones, robotics and artificial intelligence. ... [Read full article on Guardian ]
Thursday 29th of June 2017 06:07:15 AM
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....Anna Jones, a clean air campaigner at Greenpeace, said: “The UK should be proud of having produced the London EV Company, and its progressive attitude towards cleaning our air and reducing emissions. “The tide is turning on diesel, and now is the time for the car industry as a whole to fully embrace new electric technology in order to stay relevant and competitive. ... [Read full article on Guardian ]
Tuesday 11th of July 2017 11:50:20 AM
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.... A further announcement will be made if appropriate,” Worldpay said in a statement. Launched in 1989, Worldpay provides the technology that allows retailers and other business to accept card payments and online or mobile transactions. ... [Read full article on Guardian ]
Tuesday 4th of July 2017 11:23:48 AM
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....They said the CD had killed it and that digital downloads had left it dead and buried: but vinyl is back. Sony, which played a major part in killing off vinyl by developing CDs, has seen them replaced in turn by other music technology such as downloads and streaming, but vinyl is increasingly popular once again. ... [Read full article on BBC ]
Thursday 29th of June 2017 12:42:22 PM
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....The UK plans to invest millions of pounds to explore how the batteries in thousands of electric cars could help the power grid and drive take-up of the cleaner vehicles. British businesses will be able to bid for £20m of government funding for undertaking research and trials of vehicle-to-grid technology, which officials believe holds “enormous potential” benefits for drivers and the energy system. ... [Read full article on Guardian ]
Friday 7th of July 2017 03:22:04 PM
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...."I mean, that's 1,000 cars coming off the road," says Mr Kirk. GE Power plans to develop this technology, which has already been used in many plants around the world. ... [Read full article on BBC ]
Wednesday 5th of July 2017 11:12:32 PM
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....Tech companies, the received wisdom goes, are too big to regulate. They operate internationally, and countries are competing in a marketplace of 192 competitors; if any one becomes too onerous, technology firms will just pull out and redirect their efforts elsewhere. ... [Read full article on Guardian ]
Thursday 29th of June 2017 03:19:54 PM
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....Perhaps the greater impact still will be on other car manufacturers: those which have an electric vehicle (EV) model – such as Nissan with its Leaf, BMW with the quirky i3, Hyundai and the delightful Ioniq – will look altogether less weird. For a car manufacturer to reject the technology altogether will start to look luddite to the point that it will probably become untenable. ... [Read full article on Guardian ]
Monday 10th of July 2017 05:00:05 AM
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. The billionaire co-founder of struggling Chinese technology giant LeEco has had personal assets frozen by a Shanghai court, state media reports. ... [Read full article on BBC ]
Tuesday 4th of July 2017 04:54:25 AM
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.... The second was about electricity and mass production. The third harnessed electronics and information technology to automate production. ... [Read full article on Guardian ]
Sunday 16th of July 2017 01:11:02 PM
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Latest Finance News related to Technology

Exxon fined $2m for violating Russia sanctions while Rex Tillerson was CEO image
.... Those included “reckless disregard for US sanctions requirements when it failed to consider warning signs associated with dealing in the blocked services of (a sanctioned person)”; that “Exxon Mobil’s senior-most executives knew of Sechin’s status . when they dealt in the blocked services of Sechin”; that the deals “caused significant harm to the Ukraine-related sanctions program objectives”; and that the company “is a sophisticated and experienced oil and gas company that has global operations and routinely deals in goods, services and technology subject to US economic sanctions and US export controls”. ...
TSB plans to unlock bank accounts with the blink of an eye image
Source : Guardian [Read Article] Thursday 20th of July 2017 11:29:01 AM
. TSB is to introduce iris recognition as a way for customers to unlock its bank app and access their accounts, making it the first in Europe to use this form of biometric technology. ...
Grayling sparks fury by scrapping rail electrification plans image
Source : Guardian [Read Article] Thursday 20th of July 2017 11:21:48 AM
....The transport secretary, Chris Grayling, told the Commons in a written statement that the Hitachi trains – ordered in a deal first announced in 2009 – meant electrification was no longer needed. “New bi-mode train technology offers seamless transfer from diesel power to electric that is undetectable to passengers . ...
Burberry's Paul Price to be new boss of Topshop image
Source : Guardian [Read Article] Wednesday 19th of July 2017 05:46:19 PM
....Topshop has suffered, along with many other high-street fashion brands, from the rise of online specialists such as Asos, Boohoo, Missguided and PrettyLittleThing. Eric Musgrave, a fashion industry consultant and former editor of industry trade journal Drapers, said: “Topshop’s audience is going to cheaper online fashion and Green is famously not keen on technology or online. ...
Mercedes recalls 3m diesel cars over emissions concerns image
Source : Guardian [Read Article] Wednesday 19th of July 2017 09:12:58 AM
....Dieter Zetsche, the chairman of the board of management of Daimler and head of Mercedes-Benz Cars, said: “The public debate about diesel engines is creating uncertainty – especially for our customers. We have therefore decided on additional measures to reassure drivers of diesel cars and to strengthen confidence in diesel technology. ...
Now we find out the real cost of austerity – our lives cut short | Owen Jones image
.... The UK, after all, is one of the wealthiest societies that has ever existed in human history. There are continuing dramatic improvements in medicine and technology. ...
Rail firms to be judged by 'to the minute' train punctuality image
Source : Guardian [Read Article] Tuesday 18th of July 2017 06:00:12 AM
....”. However, the existing measure of lateness is likely to persist for some time – partly because, the industry body said, the rail network is only sufficiently connected by existing technology to allow 80% of arrivals at stations to be monitored exactly. ...
Peak car? Driverless technology may actually accelerate car ownership image
Source : Guardian [Read Article] Tuesday 18th of July 2017 06:00:12 AM
. The innovation race between car companies and tech giants like Google and Uber has seen expectations for driverless technology soar. ...
Cost of UK car insurance leaps 11% to record high image
Source : Guardian [Read Article] Monday 17th of July 2017 11:01:03 PM
.... Personal injury lawyers, however, argue that victims of accidents have for years been undercompensated. Which? also blames mounting repair costs as motorists pay the price for advances in technology. ...
New £10 unveiled: Everything you need to know about the Jane Austen note image
Source : Daily Express [Read Article] Monday 17th of July 2017 09:53:00 PM
....A new plastic £20 note will be released in 2020. The Bank of England said recently: "The £10 paper banknote is the oldest Bank of England banknote design in circulation and therefore the security features require updating to take advantage of developments in technology. ...
Lloyd's says cyber-attack could cost $120bn, same as Hurricane Katrina image
....Trevor Maynard, Lloyd’s head of innovation and co-author of the report with the cybersecurity firm Cyence, said the global cyberattack in May “showed us that these sorts of attacks are absolutely possible”. Financial services is most at risk, followed by software and technology, hospitality, retail and healthcare. ...
Rupert Murdoch ‘could use Sky data trove for political ends’ image
Source : Guardian [Read Article] Saturday 15th of July 2017 09:00:03 PM
....”. Chi Onwurah, the shadow minister for business, innovation and skills and former head of telecoms technology at Ofcom, said that the value and significance of the data in the Fox/Sky deal hadn’t been taken into account in the government’s consideration of the deal. ...
Asos app allows shoppers to snap up fashion image
Source : Guardian [Read Article] Saturday 15th of July 2017 09:00:02 AM
....”. Beighton is not waving a magic wand, he’s demonstrating new technology that promises to change the way we shop. ...
Why you might not be getting what you paid for image
Source : Guardian [Read Article] Saturday 15th of July 2017 06:00:45 AM
.... But in the 90s our role got extended – without additional resources – and so we task staff to do other things. Then technology changes and new equipment comes in, but traders might not be competent to set it up or – because they haven’t seen an inspector for years – think they can shave off a few grams here or millilitres there without anyone noticing. ...
As car insurance costs rise, the over-65s are urged to switch image
Source : Guardian [Read Article] Saturday 15th of July 2017 06:00:45 AM
.... Another is the controversial compensation rules for serious injuries announced in February, which insurers said would “overcompensate” those hurt in car accidents. A third is the fact that motorists appear to be paying the price for advances in technology, as repairs to cameras, sensors and other hi-tech features can run into thousands of pounds. ...
Globalisation: the rise and fall of an idea that swept the world image
Source : Guardian [Read Article] Friday 14th of July 2017 04:28:14 AM
....” Citing The Great Convergence, Wolf noted that supply chains have already expanded, and that future developments, such as automation and the use of robots, looked to undermine the promise of a growing industrial workforce. Today, the political priorities were less about trade and more about the challenge of retraining workers, as technology renders old jobs obsolete and transforms the world of work. ...
Heathrow night flights to continue until third runway is built image
Source : Guardian [Read Article] Thursday 13th of July 2017 12:54:07 PM
.... However, the rules reflect a trend towards much quieter, more modern planes and are unlikely to affect airlines’ operations significantly. In a written statement to parliament, Grayling said caps had not kept pace with technology, but the new measures would “lock in the benefits”. ...
Uber’s practices are morally unacceptable – but a boycott won’t help | Hannah Lownsbrough image
.... It has also courted controversy in most of the places it operates in– avoiding taxes and local laws and eroding workers’ rights. For years, Uber managed to conceal its bad behaviour with expensive marketing campaigns and by offering the “we just make the technology” shrug that tech corporations are increasingly known for. ...
Electric cars to account for all new vehicle sales in Europe by 2035 image
Source : Guardian [Read Article] Thursday 13th of July 2017 11:33:41 AM
....ING expects battery-powered cars will beat hydrogen versions on both price and infrastructure. However, the bank said that European carmakers were likely to miss out in the coming electric revolution, because Asian and American competitors had the advantage in battery technology and electric motors. ...
Renewable power critic is chosen to head energy price review image
Source : Guardian [Read Article] Wednesday 12th of July 2017 11:47:05 AM
....But the choice of Helm, author of a new book on the slow demise of oil companies in the face of energy trends, will be controversial in some quarters because of his criticism of wind and solar power. While acknowledging that renewables are remaking the energy landscape, the professor of energy has criticised the cost of today’s windfarms and solar technology, calling them “expensive” and highlighting the “sheer cost” of electricity generated from renewable sources. ...
Cash no longer king as contactless payments soar in UK stores image
Source : Guardian [Read Article] Wednesday 12th of July 2017 05:01:15 AM
.... More than two-thirds of staffed payment terminals in shops are now able to accept contactless cards, up from less than half a year ago. Contactless cards were introduced in the UK in 2007, and initially the public was slow to embrace the technology. ...
Black cab turns green as all-new electric London taxi launches image
Source : Guardian [Read Article] Tuesday 11th of July 2017 11:50:20 AM
....Anna Jones, a clean air campaigner at Greenpeace, said: “The UK should be proud of having produced the London EV Company, and its progressive attitude towards cleaning our air and reducing emissions. “The tide is turning on diesel, and now is the time for the car industry as a whole to fully embrace new electric technology in order to stay relevant and competitive. ...
How healthy is the global financial system? | Mohamed El-Erian image
Source : Guardian [Read Article] Monday 10th of July 2017 09:00:47 AM
....Third, the financial system has yet to feel the full impact of technological disruptions fueled by advances in big data, artificial intelligence, and mobility, which already are in the process of upending a growing number of other established sectors. And the financial-technology (fintech) activities that have expanded are inadequately regulated, and have yet to be tested by a full market cycle. ...
Mark Zuckerberg’s got some cheek, advocating a universal basic income | Sonia Sodha image
.... One of the beliefs that powers Silicon Valley’s fervent tech worship is the idea that artificial intelligence and automation will one day spell the end of work. This is implicit in the business plans: Uber’s growth strategy, for instance, is based on the idea that driverless technology will one day replace its drivers altogether. ...
Driver complaints about car park fine policies hit unprecedented levels image
....”. Smart Parking, owned by the Australian group Car Parking Technologies, revealed earlier this year that 75% of its revenue comes from parking breach charges and that the number of notices doubled over the 12 months following the roll out of number plate recognition technology. ...
Is a car maker about to save the planet? | Zoe Williams image
Source : Guardian [Read Article] Monday 10th of July 2017 05:00:05 AM
....Perhaps the greater impact still will be on other car manufacturers: those which have an electric vehicle (EV) model – such as Nissan with its Leaf, BMW with the quirky i3, Hyundai and the delightful Ioniq – will look altogether less weird. For a car manufacturer to reject the technology altogether will start to look luddite to the point that it will probably become untenable. ...
Facebook village? Social media giant to build 'social housing' image
Source : Guardian [Read Article] Sunday 9th of July 2017 06:56:57 PM
....”. Kirsten Keith, the mayor of Menlo Park, welcomed Facebook’s plan to help address the rent-price-rise crisis caused by the rapid growth of west-coast technology companies. ...
The UK economy must take a long, hard look at itself | Larry Elliott image
....But as a new report to be published on Monday points out, the vast majority of the actions detailed in the green paper were things the government was already doing or were modest initiatives already in the pipeline. The one notable exception, according to a paper by Steve Fothergill, Tony Gore and Peter Wells of the Centre for Regional Economic and Social Research at Sheffield Hallam University, has been investing in science, research and technology. ...
Trump's growth problem: jobs boost masks trouble ahead for US economy image
....In his book The Rise and Fall of American Growth, Gordon argues the kind of rapid economic growth currently considered normal, and expected to continue forever, was in fact a one-time-only event. Gordon argues the impact of technology can not compare with the impact of the first industrial revolution, which brought steam engines and railroads, and the second, which brought us electricity, the internal combustion engine, running water and indoor toilets, to name a few of its society-shaking changes. ...
UK to fund research into letting electric cars return power to grid image
....The UK plans to invest millions of pounds to explore how the batteries in thousands of electric cars could help the power grid and drive take-up of the cleaner vehicles. British businesses will be able to bid for £20m of government funding for undertaking research and trials of vehicle-to-grid technology, which officials believe holds “enormous potential” benefits for drivers and the energy system. ...
Jeremy Corbyn: UK firms must pay more tax to fund better education image
Source : Guardian [Read Article] Thursday 6th of July 2017 11:20:27 AM
....Technological change made the need to invest in education all the greater, he said. “We need to ensure that everyone – workers, government and businesses – share in the benefits that new technology can bring. ...
Chip: the robot banker trying to pull millennials out of their overdrafts image
....Just finishing its first year in existence, the start-up has a compelling pitch: plug it in to your bank account, and it will analyse your spending, moving money you don’t need into a savings account, and slowly helping you hit financial security. But even the best technology can’t overcome the iron law of budgeting. ...
Baidu boss investigated for riding in self-driving car image
Source : BBC [Read Article] Thursday 6th of July 2017 07:38:11 AM
.... . Baidu, which has not commented on the incident, is one of many firms developing prototypes of self-driving vehicles that will use mapping and artificial intelligence technology. ...
Fuel savers image
Source : BBC [Read Article] Wednesday 5th of July 2017 11:12:32 PM
...."I mean, that's 1,000 cars coming off the road," says Mr Kirk. GE Power plans to develop this technology, which has already been used in many plants around the world. ...
Sainsbury's AGM faces protests over plan to drop Fairtrade tea image
Source : Guardian [Read Article] Wednesday 5th of July 2017 06:07:34 PM
.... But he suggested Fairtrade had become outdated. “It might have been fit for purpose 25 years ago, but we’re in a new world with new technology,” he said. ...
Volvo signals carmakers' growing confidence in an electric future image
Source : Guardian [Read Article] Wednesday 5th of July 2017 05:31:24 PM
....Beyond carbon emissions, fully electric vehicles are also seen as a panacea for tackling the dangerously dirty air, generated by conventional combustion engine cars, that blights many cities in Europe and Asia. James Thornton, chief executive of ClientEarth, the environmental law group which sued the UK government to improve its air pollution plan, said: “Volvo’s ambition in moving rapidly to cleaner technology should be heeded urgently by other manufacturers to defend the health of young and old alike. ...
Worldpay buyout by Vantiv reignites debate over foreign takeovers image
Source : Guardian [Read Article] Wednesday 5th of July 2017 03:04:35 PM
.... Four Worldpay directors will join the board of the new group, including Philip Jansen as co-chief executive and Sir Michael Rake, BT chairman and former Barclays deputy chairman, in a non-executive role. Launched in 1989, Worldpay provides the technology that allows retailers and other business to accept card payments and online or mobile transactions. ...
All Volvo cars to be electric or hybrid from 2019 image
Source : Guardian [Read Article] Wednesday 5th of July 2017 09:25:25 AM
....Several of the major carmakers, including Renault-Nissan, BMW and VW, have declared ambitious plans for electric cars, supported with grants by governments, which see them as a key way of tackling air pollution and climate change. The VW emissions scandal gave added impetus for companies to focus on the technology, as politicians and campaigners increasingly blamed diesel for cities’ air quality problems. ...
Poorest students will finish university with £57,000 debt, says IFS image
Source : Guardian [Read Article] Tuesday 4th of July 2017 11:01:12 PM
.... “However, their incentives have shifted towards providing low-cost subjects. This does not sit comfortably with the government’s intention to promote typically high-cost Stem (science, technology, engineering and mathematics) subjects. ...
£8bn battle looms for credit card processor Worldpay as rivals circle image
.... A further announcement will be made if appropriate,” Worldpay said in a statement. Launched in 1989, Worldpay provides the technology that allows retailers and other business to accept card payments and online or mobile transactions. ...
Sheffield to Rotherham tram-train is five times over budget, says NAO image
.... My worry is that if we cannot deliver schemes like this on budget what hope do we have for HS2?”. A DfT spokesperson said: “There will be uncertainty when developing new innovation and technology, and we are disappointed that the cost of work increased and the scheme was delayed. ...
LeEco chairman 'has bank accounts frozen over debt' image
Source : BBC [Read Article] Tuesday 4th of July 2017 04:54:25 AM
. The billionaire co-founder of struggling Chinese technology giant LeEco has had personal assets frozen by a Shanghai court, state media reports. ...
F1 tech for babies image
Source : BBC [Read Article] Monday 3rd of July 2017 11:04:53 PM
. Formula 1 technology has had an impact in many other sectors, from aeronautics to cycling, public transport to data analytics, but now Williams has come up with a hi-tech carrier for critically ill new-born babies. ...
The baby carrier made from Formula 1 technology image
Source : BBC [Read Article] Monday 3rd of July 2017 11:04:48 PM
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Related to :
We have fixed issues that caused financial crisis, says Mark Carney image
....”. The FSB chairman said there were still issues to be addressed, such as the risks posed by developments in financial technology (fintech) and the increased vulnerability of digital systems to cyber-attack. ...
Courting new fans image
Source : BBC [Read Article] Sunday 2nd of July 2017 11:19:36 PM
...."It all means that we add more value to our media rights, and it means we also offer more value to our commercial partners such as IBM or Jaguar," he says. And it is with long-term partner IBM, its official supplier of information technology, that the event is looking to use digital media to spread its message and engage with new fans. ...
Flying high image
Source : BBC [Read Article] Sunday 2nd of July 2017 11:09:01 PM
....Although this initiative failed, entrepreneurs have continued to try to rethink the private aviation market. A series of start-ups are now applying new technology to the challenge. ...
Britons booking breaks online to get same protection as package holidays image
.... “But people who buy their flights and hotels separately sometimes miss out on the protection, and peace of mind, that comes with this protection. This change will make the law fit for the modern age – and better able to adapt to any future advances in the technology that people use to book their getaway. ...
Deliveroo set to become a tech 'unicorn' as investors seek a slice image
Source : Guardian [Read Article] Sunday 2nd of July 2017 11:57:55 AM
....5bn – well above the $1bn that leads to tech firms being labelled unicorns – with wealthy tech investors now jostling to buy a slice of the takeaway delivery company that relies on an army of self-employed couriers. The $93bn (£71bn) SoftBank Vision Fund, which is backed by the state investment funds of Saudi Arabia and Abu Dhabi, as well as a host of technology firms including Apple and Japan’s Sharp, is said to be in the talks with Deliveroo, which wants to raise funds to finance expansion. ...
Don’t be too quick on the draw taking pension pot, says HARVEY JONES image
Source : Daily Express [Read Article] Sunday 2nd of July 2017 11:00:00 AM
.... Have the over-55s been too quick on the draw? . Stock markets have slowed lately amid global economic uncertainty and fears of a technology stock crash in the US. ...
Financial Conduct Authority offers a plaster instead of an antidote | Gina Miller image
....In terms of price competition there simply cannot be any genuine competition if the consumer does not know the price. This is why, as the most recent FCA report reveals, the asset management industry makes 36% profit margins that are more than double the operating margins of the FTSE pharmaceutical and biotechnology sector (14%), which is based on intellectual capital and saving and extending lives. ...
Ron Dennis to cut ties with McLaren board in £275m deal image
Source : Guardian [Read Article] Friday 30th of June 2017 03:53:40 PM
. Ron Dennis has severed ties with McLaren, stepping down from the board of the motor sport and technology companies he built up over 37 years. ...
Ten years after the smoking ban, vaping is a £1bn business image
Source : Guardian [Read Article] Friday 30th of June 2017 12:01:04 PM
....Last year about 2. 9 million people in the UK were thought to use electronic cigarettes – but their impact on health has been the topic of controversy, with concerns ranging from the health impact of the technology to whether it can help smokers quit conventional cigarettes and if it encourages others to take up conventional smoking. ...
George Osborne came within weeks of scrapping the penny image
Source : Guardian [Read Article] Friday 30th of June 2017 06:47:41 AM
.... They said: ‘Look, it is an interesting idea but it will scare people,’” Korski said, but insisted that there was great excitement about the eventual shift. Korski continued to focus on technology as a means of improving people’s lives after leaving government at the same time as Cameron, and set up a company called Public to showcase the work of startups hoping to transform public services. ...
Google's fine is big news but the company faces a far bigger threat image
Source : Guardian [Read Article] Thursday 29th of June 2017 03:19:54 PM
....Tech companies, the received wisdom goes, are too big to regulate. They operate internationally, and countries are competing in a marketplace of 192 competitors; if any one becomes too onerous, technology firms will just pull out and redirect their efforts elsewhere. ...
Sony Music goes back to vinyl records image
Source : BBC [Read Article] Thursday 29th of June 2017 12:42:22 PM
....They said the CD had killed it and that digital downloads had left it dead and buried: but vinyl is back. Sony, which played a major part in killing off vinyl by developing CDs, has seen them replaced in turn by other music technology such as downloads and streaming, but vinyl is increasingly popular once again. ...
Rolls-Royce vows to protect 7,000 jobs with £150m investment image
Source : Guardian [Read Article] Thursday 29th of June 2017 11:04:16 AM
....The business secretary, Greg Clark, said the investment “underpins the critical role the UK plays within the global aerospace sector”. “The UK and Rolls-Royce are known throughout the world as pioneers of advanced engineering technology,” he added. ...
Rolls-Royce safeguards 7,000 jobs in East Midlands image
Source : BBC [Read Article] Thursday 29th of June 2017 09:30:43 AM
....". Business Secretary, Greg Clark MP, said: "The UK and Rolls-Royce are known throughout the world as pioneers of advanced engineering technology. ...
Trains, planes and automobiles: the transport systems embracing smart tech image
....”. These include digital sensors, wearable smart devices and appliances, virtual reality, augmented reality, Blockchain (the database technology made famous by Bitcoin), 3-D printing, and drones, robotics and artificial intelligence. ...
UK taxpayers face multi-billion burden for dismantling of North Sea rigs image
....” But hitting the cost-cutting target would require a “significant change” in the way industry approached decommissioning, he added. While technology will be one way of cutting costs, another could be a rethink of the regulations covering the removal of oil and gas facilities. ...
Tesco continues savings drive as it cuts 1,200 head-office jobs image
Source : Guardian [Read Article] Wednesday 28th of June 2017 11:05:11 AM
....The UK’s largest supermarket chain told staff of the cuts on Wednesday morning. A quarter of staff at offices in Welwyn Garden City and Hatfield face the axe, along with some jobs at the Birmingham head office of Tesco’s One Stop chain and the retailer’s technology and retail support centre in Bangalore, India. ...
Uber's scandals, blunders and PR disasters: the full list image
Source : Guardian [Read Article] Tuesday 27th of June 2017 11:14:33 PM
. Uber has been rocked by a steady stream of scandals and negative publicity in recent years, including revelations of questionable spy programs, a high-stakes technology lawsuit, claims of sexual harassment and discrimination and embarrassing leaks about executive conduct. ...
The Guardian view on the EU’s Google judgment: firm and fair | Editorial image
.... Further judgments and no doubt further fines are expected in two other cases where Google is accused of steering the market towards its own advertising businesses rather than those of its competitors. The technology of the mobile internet has been a huge blessing for the world. ...
Ocado's self-drive vehicle makes deliveries in first UK trials image
Source : Guardian [Read Article] Tuesday 27th of June 2017 04:02:30 PM
....The small vehicle, developed by Oxford-based Oxbotica, is spending 10 days delivering food and snacks to Ocado customers who live in the area, to test Ocado’s plans for its “Smart Platform” – a plug-and-play online shopping business that it wants to sell to grocery retailers around the world who hope to compete with the likes of Amazon and Walmart. The trial is the latest evolution of Greenwich’s GATEway project, which initially involved Oxbotica’s autonomous driving technology being tested with small passenger vehicles on the borough’s waterfront near the former Millennium Dome. ...
World's first floating windfarm to take shape off coast of Scotland image
Source : Guardian [Read Article] Tuesday 27th of June 2017 01:55:26 PM
. The world’s first floating windfarm has taken to the seas in a sign that a technology once confined to research and development drawing boards is finally ready to unlock expanses of ocean for generating renewable power. ...
Net-a-Porter owner opens tech hub in London image
Source : Guardian [Read Article] Tuesday 27th of June 2017 11:25:53 AM
....The new building brings together the British teams from Yoox, the Italian luxury sales site, and Net-a-Porter, the group founded by Natalie Massenet with which it merged in 2015. Yoox Net-a-Porter, the Milan-listed parent group, plans to invest more than €500m (£440m) in technology, warehouses and delivery systems in London and elsewhere to double the size of the business by 2020. ...
Potential Martin Shkreli jurors: we can't be impartial over 'most hated man' in US image
....”. The defense has floated the possibility that it would put Shkreli on the witness stand to try to highlight how he grew up in a working-class Albanian family in Brooklyn, taught himself chemistry, interned at a financial firm founded by CNBC’s Jim Cramer and struck out on his own to become a rising star in biotechnology startups. ...
'Why should we leave innovation to the biggest companies in the world?' image
....“For hundreds of years, backpacks have been [one way] but we have never lived in such a densely populated world as we do now,” she says. “We carry around far more technology than ever before. ...
UK energy industry cyber-attack fears are 'off the scale' image
Source : Guardian [Read Article] Sunday 25th of June 2017 04:20:06 PM
....He said the danger posed to energy systems was coming to the fore now because of the trend away from well-protected, centralised large power stations and towards decentralised power, such as lots of small, flexible gas power plants and solar panels on homes. There were also a growing number of web-connected devices in energy technology, he added. ...
I sent money to a friend using Barclays’ Pingit app, but it never arrived image
....Unfortunately, you have also fallen out with your friend over this, which meant we could not get her permission to ask Sabadell for its side of the story. So much for new technology. ...
Handbags at dawn with Farfetch, the latest thing in upmarket online fashion image
....Neves started his first business, a software firm, while still studying economics at university in the 1990s. After helping out small fashion firms with technology, he moved into a business where he had a family heritage – his grandfather owned a shoe factory. ...
Tattooing avocados helps keep up supply of smash hit image
Source : Guardian [Read Article] Friday 23rd of June 2017 05:09:16 PM
....Back in the Mack packhouse M&S will soon start more laser trials : avocados, they say, may be just the beginning. The Spanish Laser Food company, which makes the branding machines, has already tested its technology on other kinds of fruit and veg including melons, pumpkins and nectarines. ...
Virgin Media tells 800,000 users to change passwords over hub hacking risk image
.... We continually upgrade our systems and equipment to ensure that we meet all current industry standards. “To the extent that technology allows this to be done, we regularly support our customers through advice and updates and offer them the chance to upgrade to a Hub 3. ...
British farmers warn loss of EU workers will see strawberry prices soar image
Source : Guardian [Read Article] Thursday 22nd of June 2017 12:00:22 AM
....Andrea Leadsom, the former secretary of state for the environment, food and rural affairs, who was succeeded by Michael Gove this month, had suggested that farmers invest in machinery to boost productivity. But farmers say appropriate technology requires heavy investment and will not be a solution in the short term. ...
Uber CEO Travis Kalanick should have gone years ago | Nils Pratley image
Source : Guardian [Read Article] Wednesday 21st of June 2017 10:01:21 AM
....Second, it would have been impossible for Uber to pursue a stock market listing via an IPO, or at least the supposed $68bn (£54bn) valuation would have been a fantasy. The technology bubble in the US is alive and inflating, but who would pay that kind of money for a loss-making company whose boss had become a liability?. ...

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