Residential property investment is easier than ever thanks to the fintech sector July 22, 2015 For most of us, buying our own home is an important decision but how many of us truly consider residential property as an asset class for investment? UK residential property is a massive market valued at nearly £5 trillion however, the market is dominated by owner-occupiers, with just £1 trillion owned as an [...]
AP Archive: Look, no hands – the driverless car, as imagined in 1971 July 22, 2015 The race to build the driverless car may be the height of modern technology, but researchers were already dreaming of a self-driving vehicle 40 years ago – and making it happen. New footage reveals early attempts by scientists to create a driverless car – and the result isn't half bad. "Look no hands. And no [...]
There’s no avoiding it – men pile on the pounds when they become dads July 22, 2015 With a baby comes a belly – but it turns out that's not just true of women, new research published in the American Journal of Men's Health has suggested. Read more: It's in the genes – you're more like your father than your mother On average, new fathers gain between 3.5 pounds and 4.5 [...]
UK tech firm Amino crosses the Atlantic to buy-up US internet TV rival Entone July 21, 2015 Internet TV provider Amino yesterday agreed a $73m (£46.7m) deal to purchase its leading US rival, Entone. The Cambridge-based company, which in May bought TV everywhere provider Booxmedia, is set to acquire Entone, a leader in the US internet protocol TV (IPTV) market and has more than 150 customers around the world. “The [...]
Microsoft share price slides as revenue continues to fall despite growth in cloud computing ahead of Windows 10 launch July 21, 2015 The figures Microsoft’s reported sales down over five per cent compared to the same period last year. The software giant’s revenue was down to $22.18bn, roughly in line with analysts’ forecasts. At $0.62, the company’s earnings per share were slightly higher than analysts’ expectations of $0.58. Revenue from cloud-based computing was up 88 per cent [...]
Know-it-alls know the least when it comes to spotting fake terms July 21, 2015 Pre-rated stocks, fixed-rate deduction, annualised credit – all of these are completely made up financial terms, but if you consider yourself an expert you'd probably be easily tricked into thinking they were real, according to new research published in the journal Psychological Science. Read more: One in 10 parents think their children are "too clever" [...]
Storyline app: Shark Tank entrepreneur Mark Cuban wants to reinvent Twitter and give users “social media zero” July 21, 2015 People think Twitter has a problem. Whether it's the "sloppy" handling of chief executive Dick Costolo's exit or slowing growth in the number of users and a lack of product innovation – everyone has an opinion. Now there's one person who's decided to put his money where his mouth is and take some action. The [...]
The blockchain won’t just change banking – it could help you buy your house July 21, 2015 There’s been a lot of attention focused on Bitcoin in recent years but arguably the most intriguing aspect of this crypto currency is the technology that underpins it – the blockchain. The blockchain facilitates Bitcoin and works by sequentially ordering blocks of transactions into a chain which is distributed to and can be viewed [...]
PayPal valued at just under $50bn as it soars past EBay on Nasdaq July 21, 2015 After its first day back as an independent company, PayPal is valued just under $50bn (£34bn). Read more: EBay revenue jumps 7pc as PayPal spinoff draws near The online payments company's share price closed up 5.43 per cent on its first day of trading after splitting from parent eBay, after initially soaring 11 per cent in [...]
Is Apple planning an iCar? Tim Cook hires Chrysler executive Doug Betts as it eyes Tesla, Google and Uber over electric cars July 21, 2015 Not content with taking over our ears (Apple Music) and wrists (Apple Watch) this year, Apple may now have its sights set on taking over our roads. Tim Cook has hired the an executive from Chrysler, fueling speculation that there may be an iCar coming down the road. Doug Betts, a former senior vice president [...]