London falls way behind Liverpool and even Dorset when it comes to innovation May 29, 2015 When it comes to creating new technologies, London is a long way behind other cities in the UK, new research has shown. In fact, the capital comes a mere 25th in the rankings of the UK's most innovative places – behind Liverpool, Tees Valley and Dorset. The index, by Enterprise Research Centre, ranks Local [...]
These are the FinTech startups being backed by Citi May 29, 2015 Four FinTech startups have won $100,000 (£65,400) backing from Citi after a search for new technology and innovation to transform banking and business. London-based Swave, an app that encourages users to monitor spending and make saving easier, trading platform Trade It, a supply chain solution created by Umati Capital and textbook subscription app Kytabu were [...]
Being cynical about others can stop you progressing in your career May 29, 2015 Being too questioning about other people's motives could be seriously damaging for your success at work, a group of researchers at the University of Cologne in Germany has found. A study published in Journal of Personality and Social Psychology found that by comparing cynicism with average income among people from a range of countries, people [...]
Equinix finalises £2.35bn Telecity merger May 29, 2015 US data centre firm Equinix has finalised a deal for UK-based rival Telecity, the group confirmed early this morning. Read more: Bidding war for Telecity as rival offers £2.31bn The deal, worth £2.35bn, will bring Telecity's executive chairman John Hughes – awarded a CBE for international telecommunications – onto the Equinix board. Telecity had previously been [...]
As Wembley gets 4G, should football clubs offer wifi? Why Arsenal, Manchester United and Chelsea should look to Kansas for connectivity inspiration May 28, 2015 Just a handful of football clubs offer fans fast smartphone connections despite growing pressure to install the technology. But how does the footy tech race impact fans and clubs? Arsenal and Aston Villa fans flooding Wembley Stadium for the FA Cup Final are unlikely to be stuck for a smartphone signal after telecom giant [...]
Five key takes from the Google IO conference 2015 May 28, 2015 Internet giant Google today unveiled its latest products, software and projects to an audience of developers at its annual I/O developer conference in San Francisco. Here are five key takes: Google challenges Apple Pay Google unveiled Android Pay which will let users pay in stores as well as online using their mobile phones. Android Pay will [...]
GoPro share price flies after chief Nick Woodman reveals drone and VR plans May 28, 2015 Shares in camera maker GoPro are flying after chief executive Nick Woodman revealed the company plans to make its own drones. The action camera's stock surged more than seven per cent, hitting a four-month high of $57.35 after Woodman told a tech conference audience it is planning to offer fans the opportunity for even more thrill-filled [...]
Six astonishing predictions about the internet in 2019 May 28, 2015 Just eight years ago, there was no iPhone, while a mere decade ago, half of all Britain's internet connections were made via the dulcet tones of dial-up – things change fast. In just a few years' time who knows how the internet will change? Well, there are some quite astonishing predictions that have been made [...]
Fifa 16 to feature women’s teams for the first time May 28, 2015 Women's teams will feature on the forthcoming Fifa '16 video games – marking the first time women's football has featured in EA Sports' popular franchise. Players will be able to take control of 12 international women's teams, including England, Germany and the USA – all of whom are due to feature at next month's World [...]
Avago share price soars as $37bn Broadcom takeover is confirmed May 28, 2015 Avago Technologies has sealed a $37bn acquisition of fellow semiconductor company Broadcom to create an industry giant with estimated annual revenues of $15bn. Singapore-based Avago is paying $17bn in cash and $20bn worth of its own shares (making it the largest ever merger of chipmakers) to fund the deal for the US firm which builds [...]