The origins of Silicon Valley – long before Facebook, Google and Apple – are inextricably linked with America’s defence establishment. It was Pentagon funding that helped to develop the internet, while Fairchild Semiconductor – now seen as the original Valley start-up – began by making chips for Cold War missiles and the rockets that put … Read more
Making of a UK tech giant: Aveva is Britain’s most valuable software firm after swoop on US rival By Matt Oliver For The Daily Mail Published: 22:24 BST, 25 August 2020 | Updated: 22:26 BST, 25 August 2020 Aveva is poised to become Britain’s most valuable software company after it completed the £3.8billion takeover of … Read more
British software giant Aveva snaps-up Softbank-backed American tech company Osisoft for £3.8bn Together, the companies have 93 years of operating expertise and experience Osisoft has 1,400 employees and its systems are used on 14,000 sites worldwide In the 12 months to June 30, Osisoft reported revenue of £373 million By Angelique Ruzicka For Thisismoney.co.uk Published: 13:14 … Read more
British car maker Jaguar Land Rover has developed new software to train autonomous cars to drive better to prevent passengers from suffering from motion sickness during journeys. The nation’s biggest vehicle producer has created a rating system for driverless technology – called a ‘wellness score’ – that designers claim can reduce the impact of travel … Read more
British car maker Jaguar Land Rover has developed new software to train autonomous cars to drive better to prevent passengers from suffering from motion sickness during journeys. The nation’s biggest vehicle producer has created a rating system for driverless technology – called a ‘wellness score’ – that designers claim can reduce the impact of travel … Read more
A leading homeless charity has become the latest victim of a major data breach that saw six UK universities and several companies attacked by hackers. Crisis confirmed that the contact details of hundreds of supporters had been taken in a cyber-attack that affected software provider Blackbaud. The charity added they were ‘confident’ the hackers were … Read more
Deloitte faces record £15m fine over ‘reckless’ audit of UK software group Autonomy before it was sold for £9bn By Matt Oliver For The Daily Mail Published: 21:50 BST, 9 July 2020 | Updated: 21:50 BST, 9 July 2020 Deloitte is facing a record £15million fine over its ‘reckless’ audits of a British software group … Read more
Software giant Micro Focus shed a fifth of its value after a huge loss sent investors scrambling for the exit. The struggling company swung to a loss of £820million between November and April, as it said ‘economic uncertainty’ triggered by the pandemic meant it had to write down the value of its assets by £730million. … Read more
Japanese researchers create a ‘smart’ mask to protect against COVID-19, with a built-in speaker and software that can translate speech into eight different languages A Japanese tech firm has developed a new Bluetooth-powered ‘smart’ mask It will have a built-in speaker and translation software for eight languages The mask is currently planned for release in … Read more
Boston becomes the second largest city in the US to ban facial recognition software, citing concerns that the technology is ‘racially discriminatory’ and threatens basic rights The Boston City Council voted unanimously to ban facial recognition software City officials will be barred from using facial recognition and they will be blocked working with third parties … Read more