Secret Escapes gets $60m Google Ventures backing for global expansion July 26, 2015 Deals website Secret Escapes has landed $60m (£39m) investment from Google's venture arm to fuel ambitious global expansion plans. The flash deals website set up in London in 2010 which offers luxury holidays at a discount has completed a series C round of funding led by Google Ventures and existing investor Octopus Investments. Index and [...]
The EU risks damaging consumer interests in its push against Google dominance July 22, 2015 Jean Tirole won last year’s Nobel prize for economics for his work on a new type of market – and one that has grown with the meteoric rise of the internet. So-called two-sided markets arise when a company brings together suppliers and consumers. Google is a classic example: it provides browsers with web pages, and [...]
Google Maps introduces dystopian new location history feature called Your Timeline July 22, 2015 Depending on your point of view, this is either a dystopian vision of the future or a handy way to retrace your past steps. Either way, Google Maps has just introduced a new feature that lets you look back at your full location history. Which means Google knows everywhere you've been… The feature, called Your [...]
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 [...]
Google self-driving cars have had their first accident which caused an injury July 18, 2015 Google's self-driving cars have had their first accident which resulted in three passengers sustaining minor injuries according to the company. The tech giant said that the accident happened on 1 July when its driverless Lexus sports utility vehicle was rear-ended while stationary in a queue of traffic on a road in California. "Thankfully, everyone in both [...]
Google share price rises as chief financial officer Ruth Porat enjoys better than expected earnings July 16, 2015 The figures Google beat earnings expectations in its latest financial results with earnings of $6.99 (£4.48) a share, but overall revenue of $17.73bn came in below analysts' forecasts. Read more: Google could make joint bid for Tesco unit Excluding the cost to acquire traffic, Google's revenue in the second quarter rose 13 per cent to [...]
It turns out Google shows you better job ads if it thinks you’re a man July 7, 2015 You’ll do better in your job hunt if Google believes you’re a man. The search giant uses its vast amounts of data to figure out what advertisers should show you, and according to a new study, it'll show you ads for better jobs if Google thinks you’re a man. Researchers from Carnegie Mellon university and [...]
Driverless cars will soon be able to buy and collect your morning coffee July 6, 2015 The future of driverless cars lies not just in hardware allowing passengers to take their hands off the wheel, but also in internet connectivity and the many benefits it can bring. Read more: In Pictures: The evolution of Google’s driverless car One such advantage will be the ability to buy and collect morning coffee [...]
Google wants volunteers to try its virtual reality camera Jump June 23, 2015 Capturing the world with 16 GoPro cameras in a 360-degree view? If you’ve been looking for that one-of-a-kind volunteering opportunity to impress your friends with, this might just be it. Google has developed a 16-camera virtual reality video capture platform called Jump – and now the tech giant is looking for volunteers to try it [...]
Here’s how the EU has ordered Google to change its search results June 22, 2015 The EU has demanded Google make extensive changes to its search results, claiming manipulated search results are ruining competition. The search giant is being investigated by the European Commission over alleged anti-trust law violations. Google has been accused of promoting Google services ahead of its competition in search rankings, reports the Wall Street Journal. This doesn’t [...]