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Today’s top tech news

The BBC reports that British police have arrested a teenage boy, purportedly a member of hacking group Team Poison. He is alleged to be the spokesman of the group, which has claimed responsibility for more than 1, 400 illegal activities. Arrested under the Computer Misuse Act 1990, his computer equipment has been seized by the authorities and is currently being examined by forensics. It is believed that Team Poison, which identifies itself as ‘TeaMp0isoN’ online, is responsible for a number of high profile attacks including that of Tony Blair’s online address book and of Mark Zuckerberg’s Facebook profile. It is also believed to have been responsible for the publishing of recordings of Scotland Yard officers discussing confidential hacking investigations with American law enforcement. The operation was carried out by Northumbria Police and supported by the Police Central eCrime Unit.

Sony has reported record losses of £3.6bn for the last financial year writes The Guardian. The poor results have been blamed by those in the industry on the company’s struggling television manufacturing business and a lack of new products. Sony has seen its share price slip to a 25 year low and is valued at just £9bn, far behind Apple. To combat this, the newly appointed chief executive Kazuo Hirai is cutting some 10,000 jobs and wants to turn around the TV side of the business which has lost more than £7bn in the last 9 years. The company has sketched out a future driven by sales of video games, cameras and mobile devices such as the Xperia smartphone, as well as medical devices and electric-car batteries.

 

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Driverless cars are set to be trialed on UK motorways in 2019, reports BBC.co.uk. This follows plans unveiled by a consortium of British companies, the Driven group, which plans to try out a fleet of vehicles between London and Oxford.

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Free, easy-to-use hacking tools are helping young people slip into a life of cyber crime, reports BBC.co.uk. According to a report from the National Crime Agency, the average age of those interviewed and arrested was 17, with mentors, role models... Read more

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The UK is the capital of Europe for fintech unicorns, reports Telegraph.co.uk. This follows figures showing the UK boasts more billion-dollar fintech companies than the rest of Europe put together, with a combined value of $18.5bn. Globally, fintech investment grew... Read more