Tesla makes further job cuts, China tightens internet controls
Elon Musk has called for “absolutely hardcore” job cuts at Tesla, as the company lays off hundreds more employees in an attempt to control costs. The electric car maker’s chief executive told managers that staff who were not “excellent, necessary and trustworthy” should be axed. It comes a week after Tesla made around 14,000 staff redundant,…
Ofcom investigates OnlyFans age verification process
Ofcom has today opened an investigation into whether OnlyFans is doing enough to prevent children from accessing pornography on its site. Under existing regulations that pre-date the UK’s new Online Safety Act, video-sharing platforms (VSPs) established in the UK are required to take appropriate measures to prevent under-18s from accessing pornographic material. In response to…
Tesla rival BYD sees profits fall, US probes Ford’s hands-free driving tech
Chinese car giant BYD has seen profits fall as it is hit by slowing demand for electric vehicles (EV) and a price war in the world's largest car market. The firm said it made $630m (£502m) in the first three months of the year, more than 47% lower than the previous quarter. BYD has been…
UK toughens up on default passwords, Tesla shares jump following China self-driving deal
Common and easily guessed passwords like "admin" or "12345" are being banned in the UK as part of world-first laws to protect against cyber attacks. As well as default passwords, if a user suggests a common password they will be prompted to change it on creation of a new account. It comes as a home…
3 Genius Hacks to Improve Your Work-Life Balance
Work-life balance is that sweet spot where you feel fulfilled by your career and energized by your personal life. But achieving this balance can feel impossible between overflowing inboxes and the constant lure of our smartphones. Work can easily creep into every corner of our lives. This article is here to help. Read on to…
Tougher laws for UK’s internet-enabled smart devices
Manufacturers will have to follow stricter rules if they want to sell internet-enabled 'smart' gadgets such as smart speakers and security cameras as a new law comes into force. From today, manufacturers will be legally required to protect consumers from hackers and cyber criminals from accessing devices with internet or network connectivity - from smartphones…
How UK Companies Use Technology to Be More Green
As the world becomes more environmentally conscious, companies in the UK are increasingly interested in using technology to reduce their carbon footprint and operate more sustainably. A recent study showed that 8 out of 10 British small businesses want to be greener but don’t know how. Businesses are finding innovative ways to cut energy use,…
How Tech Companies Using Credit Scoring To Determine Eligibility
In the UK, tech companies are increasingly venturing into the financial sector, offering products like loans, credit cards, and buy-now-pay-later (BNPL) services such as Klarna. A critical component of determining eligibility for these financial products is credit scoring. This system assesses a customer's creditworthiness and risk level, allowing companies to make informed lending decisions. Here's…
TikTok owner refuses to sell, Freely to come to British TV
TikTok's Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell the hugely popular video app or be banned in America. "ByteDance doesn't have any plans to sell TikTok," the company posted on its official account on Toutiao, a social media…
How to Keep Your Company Data Safe When Employees Are Working in Remote and Hybrid Work Environments
With 40% of Britons now working in some kind of remote or hybrid working environment, it is now the preferred way to work for many people. However, employers have to be aware of the increased risks of data breaches and cyber attacks when people are no longer working in secure office environments. With laptops and…