Ocado shares soar on Japanese robot warehouse deal with Aeon November 29, 2019 Shares in online retailer Ocado jumped more than 11 per cent today after it announced a deal to help Japanese retailer Aeon launch a new online business. Ocado uses robot technology in its customer fulfilment centres (CFCs) to automate many processes. Read more: Ocado to build sixth warehouse as online grocer accelerates growth It said [...]
Inside Amazon’s Black Friday operations hub: How the e-commerce giant prepares for its busiest day of the year November 29, 2019 Where could be a better place to witness the behind-the-scenes impact of Black Friday than at the heart of Amazon’s UK warehouse operations? Some of the credit – or perhaps, blame – for the annual shopping event’s popularity in Britain surely lies with the US e-commerce giant. The fulfilment centre – which is the size [...]
Linkedin division paid no corporation tax on £70m profit November 28, 2019 An Irish subsidiary of social media network Linkedin paid no corporation tax last year despite posting a profit of almost £70m. Accounts filed for Linkedin Technology revealed the company pulled in profit of $86.7m (£67.1m) in 2018, a huge increase on the $10m posted the year before. Read more: France will tax Amazon and Facebook [...]
Price comparison rivals urge EU regulators to take action against Google November 28, 2019 Axel Springer’s price comparison shopping service Idealo and a group of European rivals have urged the EU’s competition regulators to enforce a ruling against Google as they accused the tech giant of favouring its own service. In a letter to European Competition Commissioner Margrethe Vestager signed by companies from 21 EU countries, the group said [...]
Tiktok apologises after banning US teen behind Uighur video November 28, 2019 Chinese social media firm Tiktok has apologised to a US teenager who was blocked from the platform after posting a video criticising the country’s repression of Uighur Muslims. Feroza Aziz was suspended from the app earlier this week after criticising the Chinese authorities in a video disguised as a make-up tutorial. Read more: Tiktok owner [...]
Overseas talent is critical to Britain’s gaming success November 28, 2019 As recent events focus minds on possible Brexit outcomes, a number of politicians have, once again, raised the question about which sectors receive attention in the debate about the UK’s withdrawal from the EU. They are correct to do so. A lack of considered analysis risks overlooking the impact new UK–EU relationships will have on [...]
Ursula von der Leyen pledges action on artificial intelligence during first 100 days in office November 27, 2019 The European Commission’s incoming President Ursula von der Leyen has called for the EU to draw up rules to regulate the use of artificial intelligence during her first 100 days in charge. The German politician and her commission were coronated in the European Parliament today, winning 461 MEP votes in favour compared to 157 against. [...]
Tesla CEO Elon Musk claims his new Cybertruck already has 250,000 orders November 27, 2019 Elon Musk has suggested that his unorthodox new electric pickup truck has already received a quarter-of-a-million orders since its unveiling last week. The so called Cybertruck, made by Tesla, has caused a stir in the automotive industry since its launch on Thursday, with its unconventional shape and hefty $39,900 price tag making it a target [...]
Time is ticking on the UK digital skills gap November 27, 2019 This year, the internet turns 50. In 1969, the first message sent on what was known as the Arpanet marked the birth of a technology that would become the “network of networks” that we have all come to rely on so heavily. Today 4bn people around the world are connected to the internet. In 2022 [...]
Top entrepreneurs call for reforms to boost UK startup scene November 27, 2019 More than 250 British entrepreneurs have signed an open letter urging the next government to roll out a string of reforms to help the UK’s startup sector. The appeal, dubbed the Startup Manifesto, called for a reform of the visa system so that startups can attract the best talent without the barrier of bureaucracy. Read [...]