‘Non-sexy’ is the new cool: UK fintech predictions for 2019 December 13, 2018 Despite the continued uncertainties of Brexit, 2018 was another year for the UK’s fintech sector. Record levels of investment poured into the community, with $16bn secured in the first six months of 2018, exceeding the value of investment in US fintech by almost $2bn. In addition, progressive regulation and a thriving financial services sector attracted [...]
Broadband speeds fall below minimum requirement in quarter of UK homes, report finds December 12, 2018 More than a quarter of households in the UK suffer from insufficient broadband speeds, a new report has revealed. Over 26 per cent of homes receive broadband speeds of less than 10Mbps, which regulator Ofcom says is the minimum to meet the needs of most households. In addition, just over 13 per cent of homes [...]
Own, loan, or Drover: How the subscription economy is shaking up the car industry December 7, 2018 Felix Leuschner looks far too young to have founded three successful businesses. This German-born entrepreneur was just 23 when he launched what became Europe’s largest marketplace for gaming goods, where players could trade virtual products. After selling that company just nine months later, he moved to London and started a fast-fashion website called Stylistpick, collaborating with [...]
Netflix in advanced talks to make Pinewood Studios its UK production hub December 1, 2018 Netflix is in advanced talks to make Pinewood Studios its UK production hub following months of discussions over a long lease deal. The studios are based in Slough, just outside of London, and have a central role in UK film production as Netflix continue to expand their operation. The move will see Netflix use the same [...]
What happens when the ‘FAANG’ stocks lose their bite? November 29, 2018 | City Talk There can be little doubt about the stars of world markets in recent years. The US has led the way, with tech companies to the fore and, at the very front of the march, the so-called ‘FAANG’ stocks of Facebook, Amazon, Apple, Netflix and Google. Still, remembering the old stock market adage ‘Tall trees do [...]
Ofcom boss calls on British broadcasters to create Netflix rival November 28, 2018 Public service broadcasters should work together to create a ‘Brit Player’ to rival Netflix, the head of Ofcom said today. Sharon White told the Outside the Box conference in London that broadcasters should pull together their on-demand services to create a platform offering popular British shows such as Broadchurch, Blue Planet and Bake Off in one [...]
Five reasons why tech stocks are in trouble November 27, 2018 For months, technology stocks have been the holy grail for growth, with valuations reaching dizzying heights. So, considering that what goes up must come down, perhaps it’s not surprising that stocks started tumbling last week. Share prices for each of the five tech giants – Facebook, Amazon, Apple, Netflix, and Google (the so-called Faangs) – [...]
European tech stocks slump in worst fall for seven years on Apple woes November 20, 2018 European technology stocks have been hit by their biggest quarterly drop since 2011, after production worries for Apple caused a global industry wobble. Stocks on the pan-European stoxx 600 tech index fell more than 1.8 per cent in trading this morning, hitting its lowest level since February 2017 and charting a quarterly loss of more than 14 [...]
DEBATE: Netflix consumes 15 per cent of global net traffic – will an online traffic jam break the internet? November 19, 2018 Netflix consumes 15 per cent of global net traffic – will an online traffic jam break the internet? Carl Erik Kjaersgaard, chief executive of Blackwood Seven, says YES If the current internet infrastructure remains the same, this could be a risk. Netflix’s current consumption is only the tip of the iceberg. This statistic – published [...]
Let there be light – entrepreneurs are making the world a brighter place November 16, 2018 I can only assume that Netflix is bidding for rights to Brexit: The Saga. You might as well download the past 48 hours’ worth of news coverage, upload to the streaming site, and advertise it as how Breaking Bad would have unfolded if set in Westminster instead of New Mexico. The news is pure entertainment. [...]