Meet the 33 tech startups set for stardom January 26, 2017 More than 30 companies have been identified as the most promising tech startups in the country and will be mentored by top entrepreneurs to help create the next wave of top British tech stars. Challenger bank Monzo, online shopping site Trouva and digital mortgage adviser Trussle are among the startups who will be mentored by Lastminute.com [...]
Back to life, back to virtual reality: Xiaomi’s international boss Hugo Barra joins Facebook’s VR unit Oculus January 26, 2017 Hugo Barra announced he was leaving Xiaomi to make a Silicon Valley return a few days ago and now we know where he was headed: Facebook. The ex-Google executive who led international expansion at Chinese smartphone giant Xiaomi has left the company to take up a role as vice president of virtual reality at Facebook's VR [...]
Resident Evil 7 review: A gruesome return to form for the horror series January 25, 2017 Were it physically possible for a human skeleton to crawl out of a body through the mouth so that all the flesh peeled down to form a bloody skirt made of guts, and for that skeleton to run around the room getting tangled up in bunting and pulling bookshelves down on itself, then Resident Evil [...]
Is blockchain a “new operating system for the planet”? Barclays vice chairman Jeremy Wilson thinks so January 25, 2017 Blockchain has the potential to become “a new operating system for the planet” in a generation’s time, while mainstream commercial use is likely to happen within the next decade, one of Barclays’ top executives believes. “I don’t think I’ve heard it mentioned as anything other than a significant opportunity,” said its corporate banking vice-chairman Jeremy Wilson. [...]
Top dogs: 37 of the hottest startups to watch right now January 25, 2017 Nearly 40 UK tech startups have been branded "ones to watch" and will be mentored by top entrepreneurs, founders and investors to get them scaling up to become tech giants. A startup which lets wannabe pet owners borrow other people's dogs, BorrowMyDoggy, and an innovative mapping company which just landed backing from Daimler, What3Words, are [...]
Metro Bank boss: Branchless banking reduces customer choice January 25, 2017 Like Deliveroo and Uber, banks should mix the physical and digital according to Metro Bank chief executive Craig Donaldson. The challenger bank boss said not giving customers the opportunity for face to face interaction is taking away choice. Metro Bank has 48 branches at present, but Donaldson said its target is 250 or maybe 300 [...]
Pay-as-you-go insurtech startup Cuvva has raised cash from a top VC January 25, 2017 A fintech startup offering motorists flexible pay-as-you-go insurance by the hour as landed new investment from one of the UK's top venture capitalists. London-based Cuvva has landed £1.5m seed capital from Robin Klein's LocalGlobal, a backer of Zoopla and Citmapper, to target urban drivers who use their cars infrequently and tapping into the same habits which [...]
The three biggest post-Brexit risks to the UK digital economy January 24, 2017 The UK's digital industries are at risk after Brexit if access to markets, talent and the free flow of data across borders are not secured in government negotiations, a leading trade body has warned. The digital industries accounts for 16 per cent of domestic output, produces nearly a quarter of all exports and generates 10 per [...]
Alibaba reports bumper revenues as Singles’ Day sales steal hearts January 24, 2017 China's biggest e-commerce company Alibaba had a bumper 2016 with a better-than-expected 54 percent rise in third-quarter revenue. The figures Alibaba's revenue hit 53.25bn yuan (£6.16bn) for the three months ended 31 December, compared with analysts' average estimate of 50.10bn yuan. The tech giant's e-commerce business boomed 45 per cent, up from the 41 per cent jump in the previous [...]
Hungry House is partnering with a startup to help takeaways deliver more January 24, 2017 Takeaway firm Hungry House is helping restaurants deliver more food to customers when they experience high demand at peak times. The firm, gobbled up by Just Eat in a £200m deal in December, has partnered with logistics startup Quiqup to offer additional delivery drivers to restaurants when they experience high demand. Read more: Just Eat snaps [...]