Welcome to the latest FS Fives – FutureScot’s lunchtime round-up of Scottish digital news.
First up, Yahoo’s end as an independent company has been a long time coming. It was created in 1994 by two Stanford graduate students, Jerry Yang and David Filo, as a hand-selected directory to the nascent World Wide Web. It was the front door to the web for an early generation of internet users, and its services still attract a billion visitors a month. But the internet is an unforgiving place for yesterday’s great idea and the board of the Silicon Valley company has agreed to sell Yahoo’s core internet operations and land holdings to Verizon Communications for $4.8bn (at its peak in 2000, Yahoo was valued at £125bn), reports The New York Times.
£4.7m to Scottish innovation
Next, two Scotland-based software companies are committing more than £4.7m to projects aimed at improving global competitive advantage and increase revenue. The projects are being supported by £1.9m of Scottish Enterprise research and development grants and will secure 56 jobs. The news comes as Paul Wheelhouse MSP, Minister for Business, Innovation and Energy visits both companies today to recognise and endorse their investment.
BT criticised for “woeful” targets
Tomorrow Ofcom will announce its plans for strengthening Openreach’s independence from BT and creating a more competitive broadband market. It follows a damning report by MPS last week warning that Openreach could be split from BT. The latter has denied the accusations of underinvestment, pointing to its plans to roll-out ultrafast speeds to 12 million homes in the next four years, two million of which will be fibre-to-the-premise (FTTP). But Professor Peter Cochrane, former CTO and head of R&D at BT, has criticised BT’s emphasis on its hybrid copper G.Fast technology: “An ambition of two million FTTP delivery is no target at all. It’s woeful.”
Boot camp for data scientists comes to Edinburgh
A reminder of the first Data Lab professional development boot camp, hosted in collaboration with The Data Incubator, a leading US data science training organisation led by Michael Li, a former NASA analyst whose US-based courses are ‘harder to get into than Harvard’. Scotland’s first Data Boot Camp is aimed at upskilling employees with raw analytical grounding into bona fide data scientists. The boot camp will be an intensive three week programme run during September in Edinburgh.
And finally…Shares in Nintendo have fallen sharply after the Japanese firm said Pokemon Go’s success would have a limited impact on its profits.