‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Deliveroo’s testing an Amazon Prime-style delivery subscription January 19, 2017 Deliveroo is testing out a new feature which has echoes of Amazon Prime – hungry users of the food delivery app can pay a subscription fee rather than a charge on each individual order. Deliveroo Plus will be tested out across six UK cities with customers paying an annual fee of £89, or a monthly fee of [...]
The gateway to a new business order: Why crowdfunding is just the start of the next era of organisations January 19, 2017 A new campaign appeared on crowdfunding platform Crowdfunder this week. Scottish energy firm Our Energy is raising £450,000 to set up an alternative gas and electricity provider. Fed up with Big Six high tariffs and just “lining shareholders’ pockets”, founders David Pike and Karen Snode decided to start a competitor, with plans to be operational [...]
Can Nintendo’s latest console turn the company’s fortunes around? January 18, 2017 The Switch is the latest console from Japanese playing card manufacturer Nintendo, who experimented with creating video games about large monkeys in the early 1970s and never looked back. A portable gaming machine that can dock with a television to become a regular console, the new device is the glorious end result of the company [...]
London tech startup SuperAwesome is considering an IPO January 18, 2017 A London tech startup specialising in helping brands such as Lego, Mattel, and Peppa Pig maker eOne comply with rules on advertising to kids online is considering an IPO. SuperAwesome is exploring a potential listing on the London Stock Exchange this year, City A.M. understands, and has engaged with several City institutions at the early stages of exploring going public, but has [...]
The French Touch Abounds in Tech January 18, 2017 The French tech scene has the most active sovereign wealth funds in the world, according to research firm, CB Insights. Two French funds make the top half of the top-ten, which also includes state funds from Singapore, Malaysia, Kuwait, Qatar, Saudi Arabia and China. France’s Banque Publique d’Investissement (Bpifrance) sits atop the list as the [...]
Fitbug shares have been halted January 18, 2017 Shares in Fitbug have been halted temporarily after earlier being energised by the British tech firm announcing a new deal to sell its wearables to a company workforce. The stock rocketed more than 130 per cent in early trading after announcing a deal with an unnamed global financial services firm based in Asia to use its devices to [...]
Elon Musk’s insane Hyperloop transport system is coming soon to a difficult-to-pronounce European city near you January 18, 2017 Hyperloop, the so-crazy-it-might-just-work ultra-speedy transportation system invented by Tesla founder and general mad professor Elon Musk, took another step forward today, after three European cities signed a deal to start exploring the technology. By Musk's reckoning, the system, which is essentially a giant vacuum tube, will suck pods through its tunnels at 760mph, cutting the three-hour [...]
Why are the world’s eyes on this innovative fintech startup? January 18, 2017 | City Talk Imagine an app that puts all your finances in one place: your current and savings accounts, credits cards, mortgage and other personal accounts – all in the palm of your hand. Quickly and easily. Money Dashboard’s app does just that – its financial data platform has attracted 100,000 users since its launch in 2010. The fintech [...]
This patent is a major hint Amazon’s entering the self-driving vehicle race January 18, 2017 Amazon appears to be the latest tech giant jumping into the driverless car race, as a new patent for the technology made by the retailer-turned-transport innovator has been uncovered. The designs, first reported by ReCode, are for a "roadway management system" which "can determine the direction of travel for lanes in a roadway and direct autonomous automobiles [...]
Fresh from an IPO, UK tech firm LoopUp had a superb 2016 sending shares soaring January 18, 2017 The newly listed British tech firm Loop Up, which provides conference calling technology to other business, has had a better than expected year sending shares soaring. The figures LoopUp's revenue for the year to the end of December 2016 was up 39 per cent on the previous year to £12.8m, while earnings before interest, taxation, depreciation and amortisation [...]