BMW and Mercedes-Benz create Share Now car-sharing alliance February 28, 2019 A car sharing service involving more than 20,000 cars made by BMW and Mercedes-Benz has been named Share Now. The free-floating car sharing service is available in nine London boroughs and comes as part of an alliance between BMW and Daimler, which owns Mercedes. The two German firms also announced on Thursday that they will [...]
DEBATE: Was Facebook right to ban Tommy Robinson? February 28, 2019 Was Facebook right to ban Tommy Robinson? Dr Ben Marder, social media expert at University of Edinburgh Business School, says YES. Facebook was absolutely right to permanently ban Tommy Robinson from its platform and sister site, Instagram. Facebook prides itself as a medium of free speech, one that affords individuals and organisations an influential and [...]
London offers a magic potion for startup success, but we can up our game February 28, 2019 The formula for a successful business is impossible to define. Just having the best product isn’t enough (Betamax’s loss to VHS back in the eighties can tell you that). Great branding and brilliant management are both necessary, obviously, but neither is a silver bullet. Luck is probably part of it. Hard work too. But whatever [...]
Hackers target UN and IMF using ‘sophisticated’ cyber attacks February 27, 2019 Cyber attackers have ramped up the power and complexity of their efforts, targeting crucial international bodies including the United Nations, US state department and International Monetary Fund, a newly-released report has found. Analysis by Netscout, a network security and business analytics solutions firm, found that so-called distributed denial-of-service (Ddos) attacks against the international affairs sector [...]
Digital banking challenger N26 is expanding to Brazil February 27, 2019 German fintech challenger N26 is expanding to Brazil, making it the first of Europe's biggest retail digital banks to enter the South American market. Announcing the move on stage at Mobile World Congress in Barcelona, N26 said Eduardo Prota would head up the new region. Prota has previously worked for Santander and Cielo, as well as having [...]
Arm boss warns delays to 5G could hurt Europe’s economy February 27, 2019 The boss of British chipmaker Arm has warned that any delays to rolling out 5G across Europe could have a "detrimental" effect on the economy. Speaking at Mobile World Congress in Barcelona, Arm chief executive Simon Segars said that Europe falling behind the rest of the world in 5G development would be "detrimental to Europe’s GDP [...]
Airbus and Softbank-backed Oneweb to launch first satellites into space February 27, 2019 An Arianespace rocket carrying six satellites made by Airbus and Oneweb is scheduled for lift-off tonight, marking the joint venture's first launch since they teamed up last year. The launch is set to go ahead at 9:37pm GMT from the European Space Port in Kourou, French Guiana. It was initially scheduled for the same time last [...]
Technology continues to develop, but does the tech industry really understand the power of data? February 27, 2019 Big data has been cast as the latest pariah within tech, and considering that big players like Google and Facebook have built their ad businesses on audience and user data, albeit with the renewed interest among regulators and consumers on data privacy, no one wants to declare their use of big data anymore. The Cambridge [...]
London Stock Exchange Group leads $20m Nivaura funding round February 27, 2019 Fintech firm Nivaura has closed a $20m (£15m) seed capital round led by London Stock Exchange Group. The London-based company, which provides blockchain technology for digital investment banking platforms, will use the funding to rapidly expand its leadership, business development and technical teams. Read more: Revolut pushes ministers for fast-track tech visas The company also plans to [...]
Excessive spectrum costs could hurt consumer benefit from 5G, argue lobbyists February 26, 2019 The telecoms industry's main lobby group has said governments need to bring down high costs for 5G bids if Europe is to keep up with the global roll-out. The GSMA, which represents 300 operators worldwide, has been caught in the middle of a row between telecoms firms and governments as to who should shoulder the cost of [...]