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News | Staff IT UK

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News provided by Mike Knight

In the light of the recent controversy over GameStop shares, we take a look at the growing trend for casual, amateur investing and how the Robinhood app has enabled this. Robinhood Robinhood is a is a free-trading app that lets any investor trade stocks, options, exchange-traded funds, and cryptocurrency without paying commissions or fees.  Robinhood is paid by “market makers” who are typically large investment firms/financial institutions that create liquidity in the market e.g., Citadel.  These market-makers quote

Grindr in Norway Fined £8.5M

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The LGBTQ+ dating app Grindr in Norway was issued an £8.5m penalty for the alleged sharing of users’ sensitive personal data with third-party advertisers without obtaining appropriate consent.  Complaint The fine is the result of a legal complaint by the Norwegian Consumer Council (Forbrukerrådet) last year, where it expressed concern that users of the app may not have been in control of their data and that the sharing of personal data (for targeted advertising purposes)
The Financial Conduct Authority (FCA) has asked the UK Treasury to consider increasing the maximum contactless payment to £100. Changing Payment Behaviour The move away from handling cash due to its potential infection-passing risk, and the lockdowns making consumers less likely to visit ATMs or town centres have led to a move away from cash towards contactless.  Figures For example, the total value of contactless payments in 2020 increased by 7 per cent compared with

Poorest People Excluded By Broadband Prices

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A survey by Citizens Advice has found that more than one in six people are struggling to afford their broadband during the third lockdown and that poorer people are locked out altogether. Certain Groups Worst Hit Citizens Advice, which also conducted a similar survey during the first lockdown, found that the groups struggling most with their broadband bill were people with children, disabled people, people from Black, Asian or ethnic minority backgrounds, those who were

Tech Tip – Colour Filters

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If you’re having trouble seeing what’s on the screen, Windows 10 allows you to apply a colour filter which changes the screen’s colour palette and can help you distinguish between things that differ only by colour. Here’s how to use it: – Select Start  > Settings  > Ease of Access > Color filters. – Switch on the toggle under Turn on colour filters. – Select a colour filter from the menu. Try each filter to