Watch: Tesla’s self-driving cars revealed in video shared by Elon Musk October 20, 2016 All Tesla cars will have the capacity to drive themselves, company boss Elon Musk has revealed in a highly anticipated announcement which the entrepreneur had teased in tweets. All models, including the Model 3 and and Model X, will now be fitted with hardware that will make it possible to drive without human control. However, that [...]
Twitter fires its new head of VR… in the same week it hired him October 19, 2016 Twitter is ploughing on into the world of virtual reality, though it faced a small setback today after announcing it had fired its new head of VR (roughly 48 hours after he started his new job). A Silicon Valley tech entrepreneur, Gregory Gopman, had joined the struggling social network to work on a nascent team charged with [...]
Google Pixel review: Quite comfortably the greatest Android phone ever made October 19, 2016 Every Android phone has come with some compromise built in. Whereas the iPhone owes much of its popularity to Apple’s ability to control every last design detail – creating software and hardware that works in perfect harmony – Google has always had to rely on third-party manufacturers to build its phones. Imperfection’s gnarled fingers tended [...]
Before the bell: What you need to know before the US market open October 19, 2016 The global economic picture is looking rosier as the UK labour market holds up in the face of the shock vote to quit the European Union and the Chinese economy is showing signs of stabilising. Here's what you need to know before the US market open at 2:30pm London time. US futures are mixed ahead of the [...]
Shares in this Apple supplier just fell off a cliff after a profit warning October 19, 2016 UK tech firm Laird, which supplies components to Apple among others, has warned on profits sending shares tumbling to a five year low. Increasing pressure on margins and a shift in the production cycles of mobile devices has caused the firm to lower full-year forecasts to £50m. That's down from the previous outlook of £75m after [...]
Tech sector drives demand for London’s offices post-referendum October 18, 2016 The tech sector is driving a return to health for the commercial property sector in central London. According to Knight Frank, there was demand for 9.5m square feet (sq ft) of office space in central London between June and September. This is ahead of the long-term quarterly average of 7.5m sq ft. Read more: How [...]
The most powerful man in tech believes the world will become cashless October 18, 2016 The man in charge of the biggest company in the world and arguably the most powerful man in technology – Apple's Tim Cook – has weighed in with his two cents on the future of money. Apple may be rolling around in cash reserves of more than $100bn, but Cook won't be doing a Scrooge McDuck style [...]
London named most powerful global city for fifth consecutive year October 18, 2016 The UK capital has been named the world’s most powerful city for the fifth year in a row, beating the likes of New York, Paris, and Tokyo to the top spot – though Paris is making gains elsewhere. The 2016 Global Power City Index, released today by Japan’s Mori Memorial Foundation, ranked London as the top [...]
Apple’s driverless car plans have totally veered off course October 17, 2016 Apple's not-so-secret plans to create a fleet of driverless iCars have apparently veered off course with the tech giant seriously dialling back on its plans for the technology. Project Titan, as it's known internally, has been Apple's worst kept secret for the past year or so and has been credited for its rocketing spend on R&D. Now, Apple has "drastically scaled [...]
London can become home of the ‘decacorn’ – and create its very own Apple, Google or Facebook October 17, 2016 If 2015 was the year of the unicorn, 2016 has been the year of the decacorn. Supercell, a Finnish game developer, earlier this year became Europe’s first ever $10bn (£8.2bn) technology company. Even a few years ago, commentators did not believe the European technology sector could achieve this milestone. Now, it is evident that London [...]