Nintendo hit by largest share price drop in two years November 16, 2018 Game-maker Nintendo's share price dropped more than 10 per cent in trading overnight, after its Switch console's chipmaker took a tumble. Shares in US chip designer Nvidia crashed nearly 17 per cent in after-hours trading last night, after it disappointed Wall Street by missing sales estimates in its third quarter and forecasting lower sales for [...]
Let there be light – entrepreneurs are making the world a brighter place November 16, 2018 I can only assume that Netflix is bidding for rights to Brexit: The Saga. You might as well download the past 48 hours’ worth of news coverage, upload to the streaming site, and advertise it as how Breaking Bad would have unfolded if set in Westminster instead of New Mexico. The news is pure entertainment. [...]
Facebook blasted by Soros foundation for ‘smear campaign’ November 15, 2018 Social media giant Facebook has reportedly severed ties with a public relations firm that allegedly linked its left wing critics to US billionaire George Soros. A story in the New York Times revealed that Facebook had employed Definers, a Republican PR firm, to discredit activist protestors, in part by linking them to Soros. The Open [...]
Ford opens itself up to investors on driverless car tech November 15, 2018 The chief executive of Ford Motors has said the company is open to discussions with rival firms and investors on funding its self-driving technology unit, but played down ongoing talks with Volkswagen about a potential deal. Ford and Volkswagen have previously acknowledged that they are in talks on a partnership, however Ford boss Jim Hackett said today [...]
London leads the way as an artificial intelligence tech talent hub November 15, 2018 Investment in London’s artificial intelligence (AI) sector from venture capital firms skyrocketed more than 200 per cent between 2015 and 2017, with funding for the capital’s startups so far this year already surpassing last year’s numbers. New figures released today by Pitchbook revealed the fast growth of London’s AI scene, which is home to more [...]
The Royal Air Force can teach business how to do digital transformation right November 15, 2018 When my dad asked me, “What do you do?”, I said “digital transformation”. I described it like this: “I work with teams, and we ask ‘why’ a lot. We help companies to shape ideas and gain the confidence to change their direction.” His response surprised me: “I used to do that, or something very similar. [...]
Monzo needs a dose of Spotify boldness to go from UK unicorn to Silicon Valley titan November 15, 2018 The end of October saw startup bank Monzo confirmed as the latest British unicorn, hitting a valuation of $1.2bn three years after launching. This isn’t London’s first unicorn by any means, with Deliveroo and Funding Circle leading the way. But so far none have come close to the achieving the global domination or $100bn valuations [...]
New iPad Pro 12.9 inch review: The best tablet money can buy but can it replace your laptop? November 15, 2018 I’ve been writing about iPads for years, and each iteration comes with the promise that this is the one that will replace your laptop or desktop PC. And it’s always been true… for a small number of people. The iPad has been the only connected device my mother has used since she picked one up [...]
Uber posts $1bn loss as it hurtles towards an IPO in 2019 November 15, 2018 Ride-hailing giant Uber reported a quarterly loss of $1bn (£780.3m) late last night, as growth in its bookings slow ahead of its upcoming listing. The company said bookings for its private hire and food delivery services rose six per cent in the three months to the end of September, which is the third consecutive quarter of single-digit [...]
This Dyson Award-winning turbine harnesses big city winds to generate power November 15, 2018 Victims of the Walkie Talkie wind-tunnel rejoice: engineering boffins may have found a way to turn architectural oversights into eco-friendly power generation. Nicholas Orellana and Yaseen Noorani, two master’s students at Lancaster University, have won the prestigious international James Dyson Award for their O-Wind Turbine – a sphere with geometric vents that spins when hit by [...]