Richard Branson might jump on the electric car bandwagon March 20, 2015 Richard Branson has hinted that his Virgin brand might jump on the electric car bandwagon (the wagon bandwagon?) at some point in the not-too-distant future. The entrepreneur already has his own Formula E team – an electric version of Formula One which features battery-powered cars racing at speeds of up to 140 mph. But when [...]
Tag Heuer joins with Google in a smartwatch deal March 19, 2015 LUXURY watchmaker Tag Heuer is partnering Google and Intel to go head-to-head in the emerging smartwatch battleground. The trio announced their plans yesterday to team up at the Swiss trade fair Baselworld, and between them they could produce something that rivals Apple’s recent efforts in the area. The companies described it as “a new era [...]
Why you’ll need to abandon your privacy to embrace the driverless car revolution March 19, 2015 Driverless cars have hit Britain’s roads. The BAE Wildcat, a modified military jeep developed by the aerospace company, has been seen out and about in Bristol, while autonomous Lutz pods have been driving around public areas in Milton Keynes and Coventry. By 2030, autonomous vehicles are expected to reach a level of safety and sophistication [...]
Baselworld 2015: Tag Heuer, Google and Intel just announced a major partnership to create smartwatches to rival Apple March 19, 2015 Luxury watchmaker Tag Heuer is partnering with Google and Intel to go head-to-head in the emerging smartwatch battleground. The trio announced their plans to team up today at the Swiss trade fair Baselworld, and between them they could produce something that knocks Apple's efforts out of the park. The announcement described it as “a [...]
Imagination Technologies share price slumps on 2015 forecast March 18, 2015 Shares in multimedia tech firm Imagination Technologies tumbled yesterday after it lowered expectations for revenue growth for 2015, it emerged yesterday. Imagination technologies, founded in 1985, listed on the London Stock Exchange in 1994 and is a key provider of graphics technology to Apple. The company said it expected revenue to be broadly flat [...]
IG bounces back from January’s franc exchange March 17, 2015 IG GROUP’S revenues fell 5.1 per cent in the third quarter of the trading firm’s financial year, as the Swiss franc’s shock rise in January pushed the group to a small loss that month. The group, which began in spread betting and has expanded into other sectors, brought in revenues of £91.8m in the three [...]
Dow and S&P fall ahead of Fed statement – New York Report March 17, 2015 THE DOW and S&P 500 fell yesterday as commodity-related shares declined and nervousness increased ahead of a Federal Reserve statement, while the Nasdaq ended higher. The Dow Jones industrial average fell 128.34 points, or 0.71 per cent, to 17,849.08, the S&P 500 lost 6.99 points, or 0.34 per cent, to 2,074.2 and the Nasdaq Composite [...]
Top car makers probe allegations by Chinese consumer programme March 16, 2015 CAR MAKERS, including Volkswagen, Nissan Motor and Mercedes Benz, said they were probing allegations aired late on Sunday by Chinese state TV that the firms oversold repairs and spare parts to drivers. The annual consumer rights day investigative special, similar to BBC One’s Watchdog programme, also criticised Jaguar Land Rover for gearbox problems in some [...]
Here’s everything we know about Sakti3 – the US startup Dyson just invested $15m in March 16, 2015 Some 15 years into the entrepreneur game, Sir James Dyson has made his first-ever investment outside his own business, after he ploughed $15m (£10m) in US startup Sakti3. The company, based in Ann Arbor, Michigan, develops solid-state batteries. The investment was part of a wider, $20m funding round. Dyson said the company will help it [...]
How a startup can benefit from a hybrid investment strategy March 15, 2015 Different kinds of investors bring different kinds of value to the table. Striking the right balance between them is vital for any young business. At JustPark, I’ve now had exposure to four different types of investor: a corporate investor, an angel investor, a venture capital firm, and currently the crowd – the thousands of people [...]