IFS: UK’s richest people exploiting loophole to cut tax rate
By: The Guardian Nov 05, 2019 More than 9,000 of the richest people in the UK collected more than £1m each in capital gains last year, exploiting a loophole that could result in them paying tax at a rate as low as 10%. Economists at the Institute for Fiscal Studies (IFS) thinktank said wealthy professionals […]
Cutting edge big tech meets old school insurance
By: Oliver Ralph November 4, 2019 Some of the biggest names in technology are pitching for a role in the transformation of one of the world’s most traditional insurance markets. John Neal, chief executive of Lloyd’s of London, told #fintechFT that Apple, Google and Amazon are among over 100 companies interested in working on an […]
Don’t Be Evil review – how the tech giants have become too big to fail
By: The Guardian Nov 03, 2019 Don’t be evil” was the mantra of the co-founders of Google, Sergey Brin and Larry Page, the graduate students who, in the late 1990s, had invented a groundbreaking way of searching the web. At the time, one of the things the duo believed to be evil was advertising. There’s no […]
American business schools are reinventing the MBA
By: Economist Nov 02, 2019 On a visit to New York in October Marc Benioff, boss of Salesforce, compared Facebook to cigarettes and backed a corporate tax hike to deal with homelessness in San Francisco. If badmouthing a fellow technology giant and cheering the taxman were not heterodox enough for a billionaire entrepreneur, Mr Benioff laid […]
‘Care robots’ for the elderly could be developed in the UK after government funding
By: Healtheuropa Oct 30, 2019 The £33.9m (~€39.3m) research will be conducted over 5 years. The project plans to develop a sophisticated ‘care robot’ which could be deployed to assist the elderly. These robots will take on challenges like helping people up after a fall, making sure medication is taken and delivering meals. The use of ‘care […]
Labour calls for halt to Google’s acquisition of Fitbit
By: Alex Hern Alex Hern Labour has written to the competition regulator calling for Google’s reported acquisition of Fitbit to be halted, at least until a wider inquiry into anticompetitive practices in the technology sector is completed. Google made an offer to purchase the fitness tracking company on Monday for an undisclosed price, according to […]
This robot can move with ease across a host of environments
By: Interesting Engineering October 29, 2019 Watch Full Video
WhatsApp sues surveillance firm NSO for allegedly helping spies hack phones VentureBeat
By: Reuters October 29, 2019 WhatsApp sued Israeli surveillance firm NSO Group on Tuesday, accusing it of helping government spies break into the phones of roughly 1,400 users across four continents in a hacking spree whose targets included diplomats, political dissidents, journalists, and senior government officials. In a lawsuit filed in federal court in San […]
A robot cooks burgers at startup restaurant Creator
By: TechCrunch October 29, 2019 Creator is a new burger-making robot startup. We visit its first restaurant in San Francisco to taste Creator’s burger from the future. Watch Full Video