Stay tech savvy with the Eligo Technology news roundup, featuring the latest news and updates from the Tech industry each week. This week ending 28/10/2016 Twitter announces cuts to its workforce and closes Vine, AI predicts human rights cases and the UK continues to be world-leading in the Tech industry.
Twitter to cut 9% of its workforce
Some sad job-related news from Twitter this week as it announced that it will be making a 9% cut to its workforce, meaning roughly 350 jobs will be lost. This was announced alongside the company’s Q3 earnings on Thursday morning and it is believed that the cuts are not company-wide, but heavily focused on Twitter’s sales and marketing teams.
AI predicts of human rights cases
Would you leave your rights in the hands of AI? A study conducted by researchers at University College London has claimed that an Artificial Intelligence system has correctly predicted the outcomes of hundreds of cases heard at the European Court of Human Rights. Critics say no AI would be able to understand the nuances of a legal case, but researchers have said “it could be a valuable tool for highlighting which cases are most likely to be violations of the European Convention on Human Rights”.
Read more here (BBC News) 23/10/2016
Britain’s tech sector is world leading
Here at Eligo Technology, we are always thrilled to hear that the UK technology sector is world leading and in a class of its own. In this latest news article, Conservative MP, Greg Hands discusses how the technology cluster, Tech City has grown to become a world-leading technology hub in just five years. He declares that technology is an exciting industry to be a part of, with the UK’s digital economy growing at an overwhelming rate. This significant growth means that the technology sector now employs 1.56m people, and contributes 10% of GDP.
Read more here
Twitter axes Vine video service
RIP Vine: Four years after its launch, Twitter is dropping the curtain on its video sharing service. Vine allowed users to create and share 6 second-long video clips that played on a loop and bought popular videos such as ‘Duck Army’(your welcome), one of the most watched Vines ever. There is no reason given for the closure but Twitter announced on Thursday that they will be cutting 9% of its workforce.
Read more here
(BBC News) 27/10/2016