The clock is ticking on Spotify’s IPO January 22, 2017 The clock is ticking for Europe's most highly anticipated IPO as it creeps towards a crucial date in the financial calendar of the company. Spotify, the region's most highly funded tech startup, is approaching the deadline of a $1bn debt financing deal inked last year that will see the costs increase and a share of the compnay given [...]
The best new hotel suites in Europe, from the reopened Ritz, Paris, to the spectacular Westin in Hamburg January 18, 2017 There are certain things one can expect from hotels at the top end of the market: flawless, personalised service; rooms with minibars, rainshowers and designer bath products; a supremely comfortable bed; free wifi and fine-dining. Most of us will have a favourite hotel in the cities we frequent – perhaps it’s The Connaught in London, [...]
Gatwick says it’ll be carbon neutral by the spring after sticking to renewable electricity January 18, 2017 Gatwick Airport has pledged to become carbon neutral by the spring, after teaming up with a global renewable energy alliance. The airport has been purchasing 100 per cent renewable energy since 2013 and electricity now comprises 80 per cent of the airport's operational carbon footprint. It said the remaining emissions will be offset by investments in [...]
Restaurant review: Luca is the Italian nobody expected from The Clove Club’s Isaac McHale January 18, 2017 Isaac McHale was such a rebellious Young Turk that while he was still cheffing at the Ledbury, he ran a series of pop-ups under the name The Young Turks. He and James Lowe – then the head chef at St John Bread and Wine – would serve up whatever they damn-well pleased, in venues not [...]
Thanks Brexit: Now the price of iPhone apps are about to rise January 17, 2017 It's not just the price of your, Freddo, Fondant Fancy and Marmite which are being pushed up by the falling value of the pound. Apple is the latest company to raise prices, this time for apps you download from the app store by as much as 25 per cent, 9to5mac reports. The cost of apps downloaded on your [...]
South Korea’s prosecutors are seeking a warrant to arrest Samsung’s chief executive January 16, 2017 The chief executive of Samsung has been accused of bribing a friend of President Park Geun-hye, and today South Korea's special prosecutor's office said it is seeking a warrant to his arrest. Jay Y. Lee was questioned for 22 hours last week as prosecutors looked into a corruption scandal that revolved around Choi Soon-sil, a friend of the [...]
Property interview: Melissa York speaks to CEO Fredrik Korallus of upstart hostel brand Generator about breaking America January 13, 2017 From the way chief executive officer Fredrik Korallus talks about his hostel group Generator, you’d think he was heading up a trendy Shoreditch club night. He speaks about “having the right art, the right music, the right culture” and even aspires to turn the £20-a-night shared accommodation hubs into “living art centres”. But exceeding expectations [...]
Here’s some of the best (and weirdest) new technology from CES 2017 January 11, 2017 Audio The Doppler Labs Here One wireless earphones returned to CES this year. A more practical alternative to the rather silly Apple AirPods, they’re controlled with an app via Bluetooth and can bionically enhance your hearing in a given direction or block out external sounds, as well as the usual music playback features. If you’re [...]
One Nine Elms has finally appointed a contractor after its bust-up with Balfour January 11, 2017 Chinese property giant Dalian Wanda said today that it had appointed a new contractor for its £1bn One Nine Elms project, after it fell out with its first choice. In November it emerged the company had failed to agree terms on the main build contract with Balfour Beatty, a pair of towers rising to 58 storeys which will [...]
Spotify’s “Thanks 2016” campaign cues it up for a prosperous New Year January 11, 2017 In late November, streaming service Spotify launched a global advertising campaign under the banner “Thanks 2016: It’s been weird”. The campaign reflects on a turbulent 2016 by gently poking fun at the dubious streaming history of some of its users. One such example was the ad that featured on one of its UK billboards: “Dear 3,749 [...]