Technology Industry October News Update – #Issue10


Technology, Development & Testing, Industry News...

In the latest tech news update we cover; a new code academy launched by an AI firm, Government partnership provides a £50m cyber fund, Mark Zuckerberg addresses threats to free speech and Facebook agrees to pay Cambridge Analytica fine, Starling bank launches a Euro debit card and top coding salaries for 2019 are revealed.

Businesses encourage AI learning for young people and the UK government funds further research for cybersecurity

The Code Academy launched by AI firm Sidetrade 

Artificial Intelligence firm Sidetrade has announced the launch of The Code Academy, a new training and career pathway for young people into the UK’s AI industry. The free training will be based in Birmingham, giving 12 young people a life-changing experience, and the opportunity to apply for newly created data and software jobs. The Academy also distinguishes itself by its focus on the midlands, workplace experience and a chance to secure a job at the end. 

Government partners with UK tech giant Arm on £50m cyber fund 

The government has partnered with UK tech giant Arm as it pumps more than £50m into a new programme to improve the country’s cybersecurity. The company will receive £36m to develop new chip technology that is more resistant to cyber-attacks and a further £18m will be injected into a new scheme aimed at cracking down on online disinformation, fraud and misuse of personal data. 

Facebook CEO defends role in providing a voice for the public and the social network finally agrees to pay Cambridge Analytica fine

Facebook CEO addresses threats to free speech 

Speaking to a live audience at Georgetown University, Facebook CEO Mark Zuckerberg defended Facebook's role in providing a voice to more than 2 billion people around the world, and why he feels it's essential to protect freedom of expression on the internet. Though Facebook has faced constant criticism for allowing misinformation to spread on the platform, Zuckerberg focused on the positive action that has resulted from people expressing themselves freely on social media. 

Facebook agrees to pay Cambridge Analytica fine 

For it’s role in the Cambridge Analytica scandal, Facebook has agreed to pay a £500,000 fine imposed by UK’s data protection watchdog. Initally Facebook had appealed the penalty, causing the ICO to pursue if own counter-appeal. Deputy commissioner of the ICO said: “The ICO’s main concern was that UK citizen data was exposed to a serious risk of harm.” However as part of the agreement, Facebook has made no admission of liability. 

Digital bank Starling helps reduce business costs with new Euro card and top salaries for developers in 2019 are revealed 

Starling Bank launches Euro debit card 

Starling Bank has announced that it has launched the Starling Business Euro Account, giving business and personal customers the power to spend directly in pounds or euros with a single debit card. The aim is to help 77,000 business customers make transactions across the Eurozone and reduce curency exchange costs.  

Top coding salaries for 2019 revealed 

Stack Overflow recently surveyed developer salaries in 14 countries including, Canada, France, Germany, UK, US, Australia, Brazil, India, Italy, Netherlands, Poland, Russia, Spain and Sweden. The salaries were calculated based on a range of factors such as location and education, level of years of coding experience, types of coding work, and technologies used professionally.  

Click here to read more about top coding salaries for 2019 
(Tech Republic) 16/10/2019 

Eligo blog of the month

mental health at work

My experience of mental health at work (and how you can help at your workplace)

Daily life and work stress can take its toll on our mental health and admitting that you are struggling and suffering with a mental health issue is most definitely a difficult step to take. Eligoid Karolina writes a candid experience of her mental health at work along with some tips for how you can help promote good mental health at work. 

Read all about it here

Upcoming Events 

Tech For Good Gathering - London 2019 - 05/12/2019

The Tech for Good Gathering will feature speakers who are using technology to make our world a better place, celebrating how tech is being used to make positive social change.

View more information and how to attend here

FinTech Connect 2019 - 03/12/2019

FinTech Connect is where large teams from major financial institutions go to make informed buying decisions on the latest innovations on the market, and where fintechs come to accelerate dialogues with digital buyers with responsibility across digital transformation, payments, financial security, regtech and blockchain. 

View more information and how to attend here

Our Technology news update regularly features supplier news, product launches, events, our own articles, and much more. Check back each month to catch up on the industry news affecting the Technology sector collated by our team of Technology consultants.

If you would like to receive our monthly newsletter straight to your inbox, then sign up below!

Form ID:4640