How do free apps make money? April 19, 2017 | City Talk In 2016, the revenue from mobile apps was an estimated $88.3bn. By 2020, projections indicate that the global app economy to be generating almost $190bn. The app economy has grown enormously and shows no sign of halting its exponential growth. At first glance, it can be hard to see where the money is coming from; [...]
Google Home review: Can Google’s smart speaker overthrow the Amazon Echo? April 19, 2017 When the singularity is reached and our robot servants finally turn on their human masters, rebelling against their programming to flay us alive in our beds, future mecha-historians will point with metal fingers to 2017 as the year it all began. Google Home is a voice-controlled smart speaker condemned to sit in the corner of [...]
Trek Super Commuter+ 8 review: An outstanding new electric bike that will turn heads and ruin pigeons April 5, 2017 There’s a word, “snarge”, which means the gunky pink residue deposited inside and around a jet engine in the aftermath of a bird strike. Aeroplanes are so massive and fast, and birds are so tiny and slow, that the most basic rule of physics transmutes the animal into a kind of blood mist. This transformation [...]
Q&A: Why are brands like Marks and Spencer pulling their advertising from Google? March 20, 2017 A newspaper investigation uncovered examples of several high profile brands being advertised against extremist content such as videos of a preacher banned from Britain and from white extremist David Duke insulting Jewish people. The BBC, Channel 4, The Guardian as well as the Financial Conduct Authority, Transport for London and the Royal Navy, advertising for [...]
Google’s top European boss Matt Brittin has apologised to its advertising clients over extremist content March 20, 2017 The European boss of under fire tech company Google has apologised to clients over its failure to stop adverts appearing next to extremist content. "I think we can do better," said Matt Brittin on the morning that Marks and Spencer pulled its ads from YouTube. It follows a weekend when several other advertisers put a [...]
The poor state of UK broadband is letting down British children March 20, 2017 Earlier this month, the National Teachers Union made some startling accusations regarding changes to the government formula for allocating funding to schools across the UK. The changes, it said, squeezed school budgets and widened the gap between rich and poor students. The Department of Education hit back, rejecting the claims. Who is right remains to [...]
Openreach is hiring 1,500 trainee engineers and trialling a new virtual reality experience March 20, 2017 Openreach is set to expand its workforce with 1,500 new trainee engineers hired over eight months who will work to extend the UK's fibre broadband network and improve customer service. The broadband provider will seek recruits from across Britain to fill new, full-time and permanent roles. Openreach will initially take on 119 recruits in April, followed by around 60 new [...]
Mkango and Metalysis team up to develop 3D printed earth magnets to power up electric vehicles in the UK March 20, 2017 Two firms have teamed up to develop 3D printed rare earth magnets, components for electric vehicles, in the UK. Aim-listed Mkango Resources and South Yorkshire-based Metalysis have entered into a memorandum of understanding to jointly research, develop and commercialise rare earth metal alloys for use in 3D printed permanent magnets. Read more: Business Committee launches inquiry [...]
House of Fraser owner Sanpower pulls investment in digital challenger bank Tandem March 20, 2017 Sanpower, the Chinese conglomerate which owns House of Fraser, has been forced to pull back on a multimillion pound investment in digital challenger bank Tandem, City A.M. can reveal. A £29m tranche of cash due to bolster the startup's capital requirements for launching as a full bank has been halted over concerns that Chinese authorities are [...]
The GDPR Doomsday Clock strikes a minute closer to midnight March 20, 2017 The lugubrious ticking of my internal GDPR Doomsday Clock struck a minute closer to midnight last week. Tick, it chimed: “only 5 per cent of marketers fully understand what the GDPR means for their business.” Tock, it said: “50 per cent say they don’t really understand it at all, or [literally] don’t know.” The Chartered [...]