Amazon’s delivery drones could one day be dropping packages by parachute February 15, 2017 Amazon has filed another very interesting patent. At the end of last year, it was revealed Amazon had filed a patent for a flying airship warehouse designed to speed up drone deliveries. As you do. And now the US Patent and Trademark Office has granted the e-commerce giant a patent for a new way to deliver [...]
Snake on a phone: Nokia is resurrecting the 3310 February 15, 2017 Remember the early noughties? A simpler time, when phones had keypads and the internet was something you did at home? It looks like a little slice of that is coming back – after it emerged the company behind Nokia phones is planning to resurrect the humble Nokia 3310 at this month's Mobile World Congress in Barcelona. VentureBeat has [...]
Jack Dorsey gave Twitter a really expensive Valentine’s Day present February 15, 2017 Twitter founder Jack Dorsey celebrated Valentine's Day with a big confidence boost for the social network. Dorsey bought just over $7m (£5.6m) worth of Twitter stock – and of course, tweeted about it, using the romantic hashtag #LoveTwitter. #LoveTwitter https://t.co/fELbw0ska7 — jack (@jack) February 14, 2017 The Twitter boss, who also founded (and is, controversially, chief executive of) payments company [...]
How do you raise funding if your tech startup is not based in London? February 15, 2017 | City Talk London, fintech and money. They're three amigos aren't they? A winning combo of location, sector and investment, affording the best exposure to startup capital and markets. Right? Not quite. Last year, more was invested in UK tech and fintech outside of London than anywhere else in Europe. And thousands of tech firms are finding competitive funding and startup costs outside the [...]
Could corporate spying be a larger threat to business security than cyber attacks? February 14, 2017 When a fresh-faced graduate reported promptly one morning for his first day at a financial institution, he offered up a passport as identification. Reception staff checked his name off a list of other new recruits and issued him with a building pass to join scheduled induction sessions. He never attended the meetings, and instead swept [...]
Meet Prodigy Finance: The fintech firm that went global on day one February 14, 2017 With Trump in the White House and a hard Brexit on the horizon, protectionism is back on the menu. Many entrepreneurs are concerned about the implications for the free movement of goods, capital and people. But at a recent Leap 100 breakfast, chief executive and co-founder of Prodigy Finance, Cameron Stevens, sounded a note of [...]
One in five startups is planning to set up in Europe because of Brexit February 14, 2017 One in five startups is planning to set up in another county in Europe because of Brexit, but the majority intend to keep their headquarters in the UK, new figures reveal. Just one per cent of the startups surveyed by Silicon Valley Bank said they will move their HQ to somewhere else in Europe, and [...]
The worrying tale of how my business made $515m more than Snapchat last year February 14, 2017 The marketing and media agency I co-founded likely made at least $1bn more profit than Uber last year. We also made $515m more than Snapchat and $450m more than Twitter. This isn’t because we did anything particularly remarkable. We just stuck to the basic business principle that it’s better to make money than lose it. [...]
Apple stock just got a major upgrade from Goldman Sachs (it’s very confident about the iPhone 8) February 13, 2017 Apple's stock has closed at an all-time high after Goldman Sachs has upped its price target for the tech giant, indicating confidence in the company's upcoming 10th anniversary iPhone. Apple's shares closed 0.89 per cent higher at $133.29 a share. Goldman Sachs predicts Apple's share price could hit $150 over the next 12 months, up from previous estimates [...]
The mattress startup battle’s heating up in the UK as Simba gets in bed with top City investors February 13, 2017 The battle to bring you the best night's sleep is heating up as one of several mattress startups spearheading innovation, in an industry apparently ripe for disruption, has landed new funding. Simba Sleep has tempted several top City investors into bed in a fresh £9m funding round, bringing total investment in the one-year-old startup to £17.5m. Henderson [...]