Eligo Technology News Round Up 11/11/2016


Technology, Industry News, Data & Analytics...

Stay tech savvy with the Eligo Technology news round up, featuring the latest news and updates from the Tech industry each week. This week ending 11/11/2016 Tesco bank suffers from a Cyber-attack, there’s an AI machine that lip-reads better than humans and a VR Remembrance Day tribute.



Remembrance Day tribute: VR returns WW2 vet to the town he helped liberate

Enlisting the help of VR production company Mutiny Media, Market Network Twine created a VR experience that transported a WW2 veteran to the town he helped free from Nazi occupation over 70 years ago. The Remembrance Day tribute enabled today’s residents of the town to thank veteran Frank Mouque for his service. (Watch the full video of his experience in the article.)

Read more here (The Drum) 08/11/2016 


Cyber-attack on Tesco Bank 

On Monday Tesco announced that £2.5 million had been stolen from over 9,000 customers over the weekend in a cyber-attack. Cyber experts have called this the first mass hacking of accounts at a western bank, with Tesco forcing suspension of its online debit transactions on Monday. Tesco have now announced that they have refunded all customer accounts affected by the fraud and that no customer data has been compromised.

Read more here (Reuters) 09/11/2016


Creator of fake John Lewis advert that went viral receives job offer

On the build-up to Christmas, the UK eagerly await the highly-anticipated John Lewis Christmas advert. However, this year an 18-year-old student caused a stir with his animated short video that posed as a John Lewis ad. The fake advert soon gained mass attention, racking up more than 470,000 views on Youtube. The student was then rewarded with a job offer from PR agency W Communications, following his video going viral.

Read more here (The Drum) 07/11/2016

AI machine can lip-read ‘better than humans’

Scientists at Oxford University have developed an artificial intelligence system, LipNet that can lip-read better than humans. The machine watches video of a person speaking and matches the text to the movement of their mouths with accuracy of 93%. Despite the positive results, experts have said the system needed to be tested in real-life situations.

Read more here

(BBC) 08/11/2016