Pixel phone and Google Home: What to expect from Google’s big event October 4, 2016 Google is preparing for an event almost as anticipated as any Apple has put on for its iPhones over the years. The tech giant is expected to launch a range of new hardware and software that even its own executives are billing as something as big as when it first launched the Android operating system. We [...]
Standing desks: How do you make the most of this moderately helpful technology? October 4, 2016 Standing desks were all the rage about two-and-a-half years ago. Transforming your working day, it was even suggested they could help you lose weight. Unfortunately, this is simply not true. A recent study published in the (rather apt) Journal of Physical Activity and Health examined how many calories people burnt when sitting at a computer [...]
Everyone’s massively underestimating fintech in capital markets October 3, 2016 The application of fintech in capital markets is being vastly underestimated by both banks and startups as other areas of banking steal the spotlight – and funding – new research reveals. Venture capital cash is failing to flow into fintech specialising in capital markets, according to the new report from Boston Consulting Group, adding that only a minority of startups are working [...]
Automotive and tech firms are poaching each other’s talent to pull ahead in the driverless car race October 3, 2016 Automotive and IT firms are poaching each other’s talent in a bid to nudge ahead in the driverless car race, according to research by CPA Global. Its analysis found that more than 20 patent inventors have made the switch from automotive to IT companies or vice versa since 2008, with Google’s self-driving car programme serving [...]
Google has been given until the end of the month to respond to the EU Commission over antitrust charges October 3, 2016 Search giant Google has been given until the end of the month to respond to accusations the dominance of its mobile operating system Android is anti-competitive. The deadline – the fourth extension that Google has been granted – is the latest twist in the long-running battle between the European Commission and Google over anti-competitive behaviour. Over the weekend [...]
Darktrace is now worth $500m and has IPO ambitions October 3, 2016 One of the UK's hottest tech startups is now worth half a billion dollars and has ambitions to go public, City A.M can exclusively reveal. Darktrace, the cyber security startup which boasts backing from top Silicon Valley venture capitalists, Wall Street investors and former Autonomy entrepreneur Mike Lynch, was valued at $450m after a major round [...]
Bullhorn’s Art Papas explains why a good deal isn’t all about the money October 3, 2016 Four years ago I was approached by several private equity (PE) firms intent on investing in my company. Bullhorn’s valuation was higher than it had ever been. However, the decision to partner with a financial sponsor was more about enabling our strategic vision for the business than realising a financial goal. As companies get bigger, [...]
Paranoid about androids: Brits fear AI October 2, 2016 Brits are increasingly fearful of the impact robots could have on our society in the future. New research reveals over half of UK adults (58 per cent) are worried about the impact of robots, with two fifths (41 per cent) believing robots will destroy humanity as we know it. The survey, commissioned by Sky, echos [...]
Google to respond to EU antitrust charges within weeks as fine looms October 2, 2016 A long running battle between the EU and Google over anti-competitive behaviour will escalate this month as the search giant is expected to formally respond to the charges in the latest clash between a US tech giant and Brussels. Google is scheduled to make an official response to charges of being anti-competitive, including its dominance on the Android operating system, in [...]
Rosetta spacecraft makes successful crash landing September 30, 2016 The Rosetta probe, sent into space to collect data about a comet, has completed its 12-year mission with a crash-landing. The European Space Agency (ESA) launched the spacecraft in 2004 and sent it to explore the features of the catchily-titled Comet 67P. After collecting reams of data and sending its sister landing probe, Philae, down to [...]