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      OBR warns Healey: Stealth taxes to blame for living standards slump

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Tech

  • Apple rejects app that tracks Hong Kong protest locations

    October 3, 2019

    Apple has rejected an app that helps people in Hong Kong track the location of police and protesters, according to the app’s developer. Read more: Hong Kong: Police charge teenage protester shot by officer The crowdsourced app, called HKmap Live, displays information about police patrols, tear gas use, metro closures and safe houses to help [...]

  • Netflix gets €57,000 tax rebate in the UK as binge-watching boosts profit

    October 3, 2019

    Netflix has received a €57,000 (£51,000) tax rebate from the UK government last year, even as the success of hit shows such as The Crown and Stranger Things drove a rise in profit. The tax credit, granted as an incentive to produce films and TV shows in the UK, follows a rebate of €199,000 in [...]

  • Uber takes to the skies with $200 JFK helicopter taxis

    October 3, 2019

    Uber customers in New York will soon be able to book helicopter flights to John F. Kennedy (JFK) airport using its app. The Uber Copter – currently available only to Uber premium members – will be offered to all Uber customers from 7 October. Read more: Uber Works app pairs gig economy workers with employers [...]

  • Uber Works app pairs gig economy workers with employers

    October 3, 2019

    Ride hailing giant Uber has launched an app, Uber Works, to connect temporary workers looking for shifts with businesses trying to fill gaps in their rotas. The app will show workers what shifts are available in certain areas and how much they will be paid for each one, and aims to help businesses that struggle [...]

  • Facebook can be forced to remove illegal posts worldwide after EU court ruling

    October 3, 2019

    The European Union’s highest court has ruled that courts within the EU can order Facebook to remove worldwide posts by users on the social network that have been declared illegal, in a major blow to the social media giant. The European Court of Justice’s decision came after a former Austrian politician, Eva Glawisching-Piesczek, sought the [...]

  • Airbnb hires Morgan Stanley and Goldman Sachs to lead stock market listing

    October 3, 2019

    Airbnb is reportedly preparing to hire Morgan Stanley and Goldman Sachs to advise on its planned stock market debut next year.  The short-term rental company is considering going public through a direct listing rather than an initial public offering (IPO) in mid-2020, according to Reuters. Read more: Airbnb plots direct listing instead of traditional IPO [...]

  • Notion Capital opens £125m fourth fund

    October 3, 2019

    London-headquartered venture capital investor Notion Capital today announced its fourth and largest fund to date, which will target a final closing value of £125m. Notion, which focuses on European business-targeted software-as-a-service startups, has previously backed the likes of fintech starlet Gocardless, Paddle and self-driving tech firm FiveAI. Notion IV will be aimed at startups around [...]

  • Politicians live in a social media-driven world. Is this a good thing?

    October 3, 2019

    It’s odd to see a constitutional crisis be upstaged by a disposable cup. Yet that’s exactly what happened at the Conservative party conference this week. Amid the platitudes, lanyards, and infighting, it was a simple receptacle that took centre stage.  While TV cameras escorted Boris Johnson through the halls of Manchester Central Convention Complex on [...]

  • Tesla share price falls after it misses deliveries target

    October 2, 2019

    Shares in Tesla fell as much as six per cent in post-close trading after it delivered fewer vehicles than expected in the third quarter. Elon Musk’s firm delivered a record 97,000 vehicles in the quarter, up 1.9 per cent on the previous three months. However, this was below estimates of 97,477. The total consisted of [...]

  • Nintendo Switch Lite review: The quirky hybrid has become a conventional handheld

    October 2, 2019

    Nintendo has a reputation for updating its consoles mid-generation, not long after launching them, to the extent that it’s become a little risky to be an early adopter. Why spend a few hundred pounds on a device that will be refined into something neater in 12 months, as the Nintendo DS was with the DSi, [...]

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