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      Modernisation and missteps: Lloyd’s of London struggles for a new era

      Lloyds of London building exterior showcasing iconic architecture in the financial district, highlighting business heritage

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      New York Knicks could be first publicly traded NBA team in 24 years

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      Hirundine whisky: Pierre Schoeman and Duhan van der Merwe unveil 38-year-old masterpiece

      Pierre Schoeman and Duhan van der Merwe, founders of Hirundine, pose together showcasing their business venture.

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Tech

  • Rosetta comet landing mission: Scientists think they’re on the brink of discovering alien life

    July 6, 2015

    The Rosetta comet could be covered in tiny alien life forms, scientists involved in the European Space Agency's comet-landing mission reckon.    Read more:   Hope for the Rosetta comet-landing mission: Philae wakes up and sends signal to earth, European Space Agency says     Professor Chandra Wickramasinghe and Dr Max Wallis from the University of Cardiff believe [...]

  • Facegloria: Brazilian Evangelicals launch “sin-free” version of Facebook

    July 6, 2015

    If you are tired of bikini pictures and swearing filling up your Facebook news feed there’s a new option out there. Brazilian Evangelicals have launched what they are calling a "sin-free" version of the social network, called Facegloria. Here, you click “amen”, not “like”, and gospel music plays as you chat. The new site bans [...]

  • UK is contactless capital of world due to the Tube as payment limit to hit £30

    July 5, 2015

    Over one billion contactless Visa card payments were made in Europe alone in the last 12 months, double the  previous year, in transactions worth a total of €12.6bn (£8.9bn).   The UK is leading the trend, with 49.6m contactless Visa cards in circulation, an increase of 37 per cent from March 2014.    Britain has [...]

  • UK start-ups beat the US for diversity as founders are five times more likely to be female

    July 3, 2015

    The UK's tech hub may have fewer "unicorns" than its American counterpart – but at least we're doing better at one thing. Start-up founders in the UK are five times more likely to be female compared to the US, a new study from startup accelerator Wayra shows. They’re also ten times more likely to have a minority [...]

  • Optimal Payments share price rockets on optimism over Skrill takeover

    July 3, 2015

    Shares in online payments provider Optimal Payments rocketed by more than 11 per cent this morning, after it told investors the long-awaited reverse takeover of rival Skrill would be complete by the end of the month. Read more: Optimal Payments aims for the main market after Skrill buyout In a trading update issued to the London [...]

  • Reddit moderators close AMA and other popular subreddits after dismissal of key employee

    July 3, 2015

    Reddit, the self-styled “front page of the internet” is in chaos that has left many of its most popular communities locked down. A growing number of subreddits, with millions of subscribers, have been left inaccessible as the communities’ moderators protest against the administration’s alleged abrupt dismissal of a key employee. Late last night, news broke [...]

  • Barclays cheque scanning tech leaves other banks in the past

    July 2, 2015

    Barclays customers are ahead of the curve when it comes to financial technology, as the bank’s secure cheque-scanning service was made available to all smartphone customers yesterday.   Cheque imaging, which iPhone-owning Barclays clients have been able to use since last year, allows anyone using their banking app to pay a cheque into an account [...]

  • UK tech sector receives record funding, and it’s largely thanks to London FinTech

    July 2, 2015

    UK technology startups received a record amount of funding in the first six months of the year, according to figures from London & Partners.   Read more: It's official – London's the capital of European tech   Between January and June, the sector managed to attract almost £900m in venture capital investment, which compares to a [...]

  • Are smartphones making us dumb? Digital amnesia stops us remembering vital information because we use our devices to store memories

    July 2, 2015

    Easy access to information at the touch of our fingertips is making it harder for us to remember things and creating digital amnesia. Storing numbers and other vital information like pin numbers as well as treasured photos on smartphones is acting like an external hard drive for our memories, resulting in the majority of us being [...]

  • Is Facebook looking to join the music streaming party?

    July 2, 2015

    Is Facebook looking to join the music streaming party? The company has been in talks with Sony Music, Warner and Universal to discuss a serious foray into music, but exactly what form it will take remains unclear. Read more: You can now sign up for Facebook messenger without having a Facebook account According to the Verge, [...]

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