News: Money

How on earth has BT chief earned a £1 million pay rise? Shares are down 35%, service is dreadful and just 14 days ago he axed 13,000 staff

Friday  17:36,   25 may 2018
dailymail.co.uk

The amount the 50-year-old took home leapt 72 per cent higher in the last financial year, including an annual bonus of £1.3m and pension contributions of nearly £300,000. The chief executive would have been handed even more again but took a £338,000 [...]

Intergenerational divide? Young people have never had it so good for saving, investing - and (with a big caveat) even buying homes, argues TOM SELBY

Friday  16:21,   25 may 2018
dailymail.co.uk

When it comes to building a retirement pot or buying a home, do the younger generations really have it so bad? Tom Selby, 32, of AJ Bell, explains the financial advantages millennials enjoy today.* When it comes to building a retirement pot or[...]

Opinions | Elon Musk’s meltdown makes perfect sense

Friday  14:55,   25 may 2018
washingtonpost

Silicon Valley's most powerful players want to build things that will fix the world, which is an inherently narcissistic desire.Elon Musk has lost his cool. And the tale of his transformation from media darling into spurned lover out to make the [...]

How much money you need for bankers to think you're rich

Friday  14:10,   25 may 2018
msn

In an era of hyper-wealth, economy-class rich starts at $25 million.The answer, of course, depends on who’s asking—and these days, many[...]

Hey Alexa, come clean about how much you’re really recording us

Friday  14:00,   25 may 2018
washingtonpost

The Amazon Echo and Google Home promise to listen only when we give a “wake word.” But how often do they go off on their own?Putting live microphones in our homes has always been an out-there idea. But tech companies successfully marketed[...]

GDPR: Everything you need to know about the new data laws

Friday  12:40,   25 may 2018
msn

Find out how the new data laws affect the general public and businesses.New data laws come into force in Europe today, but how will the General Data Protection Regulation (GDPR) affect businesses and the general[...]

Facebook will not pay compensation for Cambridge Analytica case

Friday  11:15,   25 may 2018
msn

The company made the statement in a list of written replies to questions by European Union politicians. The answers were promised after testimony earlier this week by chief executive Mark Zuckerberg in Brussels had left EU politicians frustrated[...]

These three skill sets will ensure you’ll never be out of work

Friday  11:15,   25 may 2018
qz

The greater adoption of artificial intelligence and automation will undoubtedly reshape the workforce and the skills people need to stay employed. And according to a…McKinsey, in a report entitled Skill shifts: Automation and the future of the[...]

Samsung must pay Apple $539 million for infringing iPhone design patents, jury finds

Friday  10:07,   25 may 2018
cnet

The jury goes halfway between what Samsung and Apple want. Samsung is not happy one bit.(Provided by: Wochit[...]

New Boeing 777 will have folding wings

Friday  09:35,   25 may 2018
cnbc

Boeing's new 777X aircraft will have an expanded 235-foot wingspan and the ability to fold it up.Folding wings have been employed for some military planes on aircraft carriers, but this will be the first instance on a commercial[...]

Noel Edmonds gatecrashes Lloyds AGM

Friday  07:20,   25 may 2018
news.sky

TV presenter Noel Edmonds was told "this isn't a show" as he lambasted Lloyds bosses during the bank's annual general meeting.Edmonds purchased one share at 67p so he could attend the meeting and was among 20.78% shareholders who[...]

Now Netflix overtakes Disney to become the biggest media firm in America

Friday  07:15,   25 may 2018
dailymail.co.uk

In a symbolic moment, the Silicon Valley firm overtook its Hollywood rival as investors continued to buy its stock. It comes as a major showdown between the two looms. © Provided by Associated Newspapers Limited Disney is to launch its[...]

Trump Threatens Allies With New Tariffs, Sowing Global Confusion

Friday  05:40,   25 may 2018
msn

President Donald Trump’s push for tariffs on imported cars and trucks threatened a shake-up of the global auto industry while motivating nations including China and Germany to reiterate commitments of varying strength to free trade. The U.S.[...]

Some cheer for retail amid high street crisis

Friday  05:35,   25 may 2018
news.sky

Retail sales bounced back last month after the so-called Beast from the East exacerbated the crisis facing the high street, according to official figures. The Office for National Statistics (ONS) recorded a 1.6% rise in sales volumes during April[...]

Bitcoin Manipulation Said to Be Focus of U.S. Criminal Probe

Friday  04:30,   25 may 2018
msn

The Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct.The[...]