An early investor in UK fintech unicorn Transferwise has reduced its stake January 31, 2017 An early backer of one of the UK's most successful fintech startups has sold a minority stake in the unicorn-valued firm in a private secondary share trading deal. Seedcamp, which has also invested in eMoov and BorrowyDoggy, last year sold of some of its shares in Transferwise, the money transfer startup with a valuation of more [...]
Look smart: essential facts about Smart Cities UK January 31, 2017 | City Talk The UK cities will have to adopt a transformational approach to many aspects of infrastructure to attract investment and operate more efficiently, a London conference has heard. Held at Chelsea’s Stamford Bridge stadium, the Smart Cities UK 2017 Conference, Expo and Awards is part of a global initiative for major conurbations to achieve Smart City status. [...]
A startup sprouting up across London could be getting a massive investment from Softbank January 31, 2017 A startup that seems to be on almost every corner in the centre of London these days could be about to land a major investment from Softbank's massive $100bn tech fund, according to reports. WeWork, a co-working space which already has 12 locations in the capital, could be the first investment made by the Japanese firm's new Vision Fund, [...]
Twitter looks like it’s taking abuse on the platform seriously… finally January 31, 2017 Twitter finally appears to be tackling one of its most serious problems – abuse. In an apparent mea culpa that it has so far failed to tackle an issue that has plagued the platform for some time – and after many previous claims that it is trying to fix it – chief executive Jack Dorsey said the tech [...]
Now Londoners can get breakfast delivered from UberEats January 31, 2017 Lucky Londoners can get their hands on a free box of croissants this morning, thanks to UberEats and Paul. Uber's joined the breakfast club, adding a breakfast menu from several restaurants to its food delivery service. Purveyor of pastries Paul will be one of the six restaurants delivering a morning pick me up to Londoners [...]
UK’s first accredited digital skills academy celebrates first anniversary and plugging the software skills gap January 31, 2017 | City Talk CodeClan, the UK’s first accredited digital skills academy has just celebrated its first anniversary. Based in Codebase, the largest technology incubator in the UK and one of the fastest growing in Europe, right at the heart of Edinburgh’s tech scene, they produce a steady stream of work ready junior developers after each 16-week intensive and immersive coding [...]
It looks like Snapchat will IPO on the NYSE January 30, 2017 Snapchat parent company Snap has chosen the New York Stock Exchange for its hotly-anticipated IPO, CNBC is reporting. The NYSE triumphed in the battle with Nasdaq for the hottest tech float in quite some time. Snap is expected to file publicly for the IPO as soon as this week, Recode has reported, going public as early as March. [...]
Fitbit’s seriously feeling the crunch as it cuts jobs and lowers guidance January 30, 2017 Fitbit shares have dived as much as 13 per cent after revealing it will cut six per cent of its global workforce and double down on other cost saving measures while revenues will fall short of guidance to the tune of around $150m. The wearables maker expects revenues of "$572m to $580m, compared to the company’s previously [...]
It’s time for business leaders to get serious about the threat to jobs from artificial intelligence January 30, 2017 "I love driving for Uber, but they want to replace me with driverless cars. I don’t know what will happen to me and everyone else, but there could be a revolution.” A conversation with my Uber driver last week unearthed a new fear that few of the world’s business leaders seem to have grasped – [...]
What exactly is fake news? And 11 more questions MPs will ask tech and media companies in a new inquiry January 30, 2017 What is fake news? That's just one of the 11 questions politicians will seek to answer in a fresh inquiry into the phrase du-jour favoured by Donald Trump MPs have set their sights on tech companies such as Facebook, Google and Twitter, warning they must tackle fake news in the same way as they fight online piracy and [...]