Facebook prepares to reveal extent of the Cambridge Analytica damage in first quarter results, with Amazon and Alphabet (Google) also up for scrutiny April 22, 2018 Facebook is preparing to reveal the damage caused by recent data scandals on Wednesday, in a week which will also see Amazon and Google’s parent Alphabet lift the lid on their latest figures. Just weeks after the news broke that Cambridge Analytica had potentially used data mined from Facebook without users’ knowledge to influence elections, [...]
A future society driven by tech must have freedom at its heart June 4, 2018 Spotify knows your own taste in music better than you do. It’s the promise made by predictive technologies and artificial intelligence (AI) – and it was the claim made to a recent gathering of Europe’s leading investors in technology. Taste in music is not something I’ve ever shouted about, and to say my playlists are [...]
Businesses dealing with more cyber attacks than ever before April 10, 2018 UK businesses are having to deal with more cyber attacks than ever before, the National Cyber Security Centre (NCSC) has warned. In its report, Cyber Threat to UK Business Industry 2017-2018, published today, the NCSC said that the scale and number of data breaches increased rapidly in 2017. The centre also named a number of [...]
Tech investor TMT is ready to ride the blockchain boom – but warns of naivety in the sector March 15, 2018 Tech investor TMT Investments is planning to ramp up its involvement in the blockchain space, though the firm warned there is still plenty of naivety surrounding distributed ledger technology. The figures In the year to the end of 2017, TMT’s net asset value per share jumped 28.6 per cent to $2.43 (£1.74). The firm, which [...]
Number of CCJs (County Court Judgements) issued rises for the first time in eight years – and rockets by more than a quarter over the last year November 10, 2017 The number of county court judgements (CCJs) issued to businesses has risen for the first time in eight years, according to figures released this afternoon. Some 24,698 CCJs were issued in the third quarter of 2017, up a whopping 27 per cent on the previous year. This bucks a downward trend stretching back to the [...]
Uber is “pressing pause” on Taiwan business after government pressure February 2, 2017 Things are heating up in Taiwan. Uber has suspended its services there over an ongoing rift with the government, which deems the ride-hailing app illegal. In a blog post on the company's site, Uber said it was "pressing pause in Taiwan" after reaching an "impasse", saying the government sought to move "further and further away from embracing [...]
Uber’s created its very own lab for researching artificial intelligence December 5, 2016 Uber is getting deeper into the artificial intelligence game, creating a dedicated lab staffed with top researchers by acquiring a startup with expertise in the technology. The 15 staff of Geometric Intelligence will form the basis for the billion dollar startup’s San Francisco Lab, which will research the growing area of AI and machine learning [...]
Uber is expanding its UberPool area just in time for Christmas December 2, 2016 Uber is more than doubling the area in London where its car-sharing option UberPool is available. From 4pm today, the service will cover all of zone three, including areas such as Streatham, Dulwich, Lewisham, Muswell Hill, Wimbledon and City Airport. The expansion comes one year after UberPool was launched in the capital. Uber's ride-sharing service allows users [...]
London’s black cab industry needs a regulatory overhaul to compete with the likes of Uber, say academics March 7, 2017 It's no secret that Uber's rise and its impact on the capital's transport network hasn't gone down well with many black cab drivers. Now a study by the University of the West of England and the University of Greenwich has suggested the capital's black cab industry needs a complete regulatory overhaul to compete with the ride-hailing app and other [...]
A gig economy inquiry by MPs hears a tale of two Uber drivers February 6, 2017 Uber drivers have given evidence to MPs scrutinising the rise of the gig economy and its implications for workers, painting two very different pictures of their experience with the company. "There is no flexibility," said Uber driver David Dunn, giving evidence to the work and pensions committee chaired by Frank Field, who last year accused Uber of treating its drivers [...]