Banks also cite their own competing payment projects and past failed digital wallets as reasons to be sceptical of Libra
TECHNOLOGY POWERING BUSINESS
Silicon Staff
Cisco To Buy Acacia Communications For £2.28bn
Acquisition is aimed at adding cutting-edge pluggable optics to Cisco's networking portfolio
Huawei’s First 5G Handset Set To Arrive In UK This Month
Launch of the Mate 20 X (5G) in Europe had been in doubt after Huawei was placed on a US national security blacklist in May
Financial Conduct Authority Proposes Ban On Crypto-Derivatives
FCA finds that derivatives and ETNs referencing crypto-assets are 'poor products' and too risky to be sold to retail investors
Study: NHS ‘Remains Vulnerable’ To WannaCry-Style Cyber-Attacks
The NHS requires 'urgent' investment into cyber-security, with security built into new technologies from the beginning, say Imperial College London researchers
All Four UK Telecoms Operators ‘Working With Huawei’ On 5G
The collaboration could prove risky if government decides to ban Huawei on national security grounds, as requested by the US
Ireland Opens Third Apple Data Protection Probe
European regulators are tightening their grip on multinationals including Apple, Facebook, Twitter and Google as stricter GDPR rules come into play
Microsoft Teases Launch Of ‘Windows 1.0’
Users taken off-guard as Microsoft rolls out 1980s-era logos and imagery across its Windows social media accounts
Financial Services Firms Report 1,000 Percent Rise In Cyber Incidents
Phishing and ransomware top the list of cyber-attacks reported to the Financial Conduct Authority amidst stricter transparency requirements
BT To Launch 5G Services This Autumn
BT broadband users are to get first access to 5G services running on EE's mobile network, which launched in parts of London, Cardiff, Belfast, Edinburgh, Birmingham and Manchester in May
Facebook Campus Given All-Clear After ‘False Positive’ Sarin Alert
Four postal warehouses were evacuated on Monday after parcel erroneously tested positive for sarin nerve agent
Google Unveils Developer Site For Mystery ‘Fuchsia’ Operating System
The open source project runs on Google's custom 'Zircon' kernel, and some have speculated it could be the successor to Android
Microsoft In The Lead As Cloud Software Market Hits $100bn
Annual sales of cloud software hit £79bn with long-established software vendors dominating the top five, but cloud-native firms showing the strongest growth
MIT’s ‘Gen’ Aims To Make AI Techniques More Accessible
Researchers aim for a system similar to Google's TensorFlow, but with the flexibility to bring in a broader gamut of AI approaches
US To Relax Huawei Trade Ban Under China Trade Talks Deal
The US is to issue licences to some companies to sell to Huawei under a deal between the US and China to resume talks
IT Security Professional Burnout ‘Adding To Skills Crisis’
Study finds two-thirds of security professionals have considered quitting their jobs or leaving the industry, as skills gap grows
Microsoft ‘Planning Android-Compatible Surface Device’
The device, which may arrive early next year, is said to have a folding form-factor and to run on Intel's 'Lakefield' chip, along with a new version of Windows 10
European Banks, Regulators Prepare Strict Regulatory Response To Facebook’s Libra
Financial Conduct Authority calls for more information, while Bank of France warns of money-laundering risks
SpaceX Falcon Heavy Launches Experimental Satellites
The payloads included a NASA atomic clock and a solar sail project for the Planetary Society
Raspberry Pi 4 Brings Desktop-Level Performance, Dual Monitor Support
Update adds faster processor, dual micro-HDMI ports, faster networking and other features for same £34 price tag
Top UK Quantum Computing Experts Depart For Silicon Valley ‘To Access Funding’
Relative lack of available capital and expertise in Europe drives well-known names in quantum photonics to seek backing elsewhere
US May Seek To Ban China From 5G Supply Chain
Proposal could bar the likes of Nokia and Ericsson from selling next-generation 5G equipment to US telcos if it is designed or manufactured in China
Bitcoin Jumps Over $11,000 After Facebook Libra Launch
Facebook's Libra plans help Bitcoin jump 10 percent to reach 15-month highs, as investors hope to see cryptocurrencies move into the mainstream
Google Calendar Hit By Global Outage
Users report being unable to recall their schedules and falling back on paper organisers
Final Decryption Tool Published As ‘GandCrab’ Ransomware Developers Retire
The malware was distributed via a highly successful affiliate nework that saw it at one point accounting for half of all ransomware infections
Ad Industry Unites With Social Media Giants To Safeguard ‘Digital Safety’
Google, Facebook and Twitter work with major consumer brands and ad buying agencies on coordinated self-policing amidst calls for stricter regulation
Facebook Launches Libra Cryptocurrency For Global Payments
Digital asset aims to put financial transactions into the hands of millions without bank accounts, but with access to a mobile phone
Samsung Urges TV Users To Carry Out Virus Scans
Alert underscores the difficulty of protecting myriads of internet-connected home devices
German Operators Lambast 5G Spectrum Auction ‘Disaster’
Operators face £6bn payout and stringent regulatory burden as they prepare to deploy next-generation networks
Windows 10 Preview Build Reveals ‘Core OS’ Features
Test build indicates Microsoft may be working on upcoming Windows architecture that breaks out user interface into separate component