Is Apple about to change its rules with its new mobile operating system? February 22, 2015 iPhone users could be about to get a developer’s view of Apple’s operating system. The tech giant is reportedly planning to open up its new iPhone software to all users, rather than just developers, as part of a plan to improve functionality and eliminate bugs before the final release. The beta launch may, however, be [...]
How Greek game theory could lead to a win-win situation in the Eurozone February 20, 2015 Meetings to discuss the future of Greece are no playtime for the leaders of Europe, but that doesn't mean the country's finance minister isn't using game theory to ensure the best possible outcome for his strugging economy. Yanis Varoufakis was an academic and researcher of the technique before he went into politics. In [...]
The web on film: As Modern Family sets an episode on a laptop, what are the problems with filming the net? February 18, 2015 You’re having dinner with an old friend. The conversation flows until his phone, which has been sitting on the table beside his plate, vibrates. He looks down, but continues to nod as if still engaged in the conversation. “Yeah,” he says, scrolling to the bottom of the message, eyes widening at some surprising detail. [...]
Samsung to take on Apple in mobile payments sector with purchase of LoopPay February 18, 2015 Samsung has purchased LoopPay, a mobile wallet company that will rival Apple Pay and Google Wallet. The South Korean tech company has not disclosed the price of the deal it proclaimed will “accelerate the next wave of innovation in the digital smart wallet”. The move suggests that Samsung is ready to compete [...]
London FinTech startup WorldRemit raises $100m from Silicon Valley investors TVC and Accel Partners valuing firm at $500m February 18, 2015 WorldRemit, the London-based FinTech startup, has bagged a $100m (£65m) investment from Silicon Valley investors, valuing the firm at $500m. The series B funding round, from US venture firm Technology Crossover Ventures (TCV), along with existing backer Accel Partners, is the latest investment in financial technology firms emerging from the capital. The $100m backing from [...]
Why the Apple Watch should obliterate sales records for wearable tech February 17, 2015 Apple is banking on its new Apple Watch being a breakthrough device for the wearable tech sector after ordering between 5m – 6m units from its Asian supplier. An April launch date for the product has been set by Tim Cook who said in Apple’s earnings call last month that his “expectations are [...]
Apple just patented a virtual reality headset February 17, 2015 Apple has become the latest technology giant to jump on the virtual reality bandwagon, after it patented a design for a virtual reality headset that works by by plugging the iPhone into it. The tech giant is actually surprisingly late to this particular party: US Patent No 8,957,835, aka "Head-Mounted Display Apparatus for Retaining a [...]
The City and Silicon Roundabout lead Britain’s economic recovery February 16, 2015 London’s buoyant recovery is driving Britain’s economy forward, a study from RBS showed today. Inner-east London was the fastest growing locality in the country last year, expanding by 5.2 per cent. Next up was Milton Keynes at 4.9 per cent, followed by Aberdeen at 4.8 per cent. “Top of the class last year was London, driven [...]
Balfour Beatty sells £40m Thanet wind farm stake to Equitix February 16, 2015 Balfour Beatty has sold a £40m stake in its Kent wind farm business to infrastructure fund Equitix. The struggling firm has sold an 80 per cent stake in the Thanet Offshore Transmission Project it bought just two months ago for £164m. The wind farm, off the coast of Kent, is part of Balfour’s lucrative infrastructure [...]
Parking app Just Park now tapping crowdfunders for growth capital February 12, 2015 Just Park founder, Anthony Eskinazi, tells Oliver Smith, his clients will race to invest in the parking app Parking app Just Park, which hooks drivers up with parking space owners, will look to raise £1m through crowdfunding platform Crowdcube. The London-based startup, that enables you to find a space, book it and navigate to it, [...]