Uber sets up new tech hub in Paris focusing on artificial intelligence and flying taxis May 24, 2018 Uber’s flying taxi plans are well and truly taking off. The company announced this morning that it will be building a new advanced technologies centre in Paris for research focused on its flying taxi Uber Elevate project. The research and development hub will be its first outside of North America, and over the next five [...]
Britain risks losing its appeal to overseas investors, unless we settle on Brexit and make a confident pitch to the world May 17, 2018 Last week, I was in Delhi, testing the water on how Indian business felt the Heads of Commonwealth Summit in London had gone a few weeks ago. The answer, it seemed, was very well, and there was real enthusiasm for the quick follow up by the Culture Secretary, Matt Hancock, who wasted no time in [...]
Londoners more cautious about digital shopping than rest of world May 16, 2018 Londoners are not getting carried away with the fast-changing nature of retail compared with internet users around the globe, new research has shown. Research from Ericsson found that an increase in people using smartphones to pay for goods and services was leading to a second shift of consumers calling on the help of ‘digital shopping [...]
Bank of England deputy governor Ben Broadbent apologises for referring to ‘menopausal’ UK economy past its peak May 16, 2018 Bank of England deputy governor Ben Broadbent has apologised for using the term “menopausal” to describe the UK economy. In a statement released this morning, he said: I’m sorry for my poor choice of language in an interview with the Telegraph yesterday and regret the offence caused. I was explaining the meaning of the word [...]
Keywords are the future as artificial intelligence transforms search advertising May 14, 2018 Whenever you search on Google for something you’re thinking about buying, you’re using a selection of keywords and signalling your intent to make a purchase. If you search for “brown shoes” and adverts appear in your search results suggesting where to get brown shoes, you’ve experienced “search retargeting”, a technique that brands are combining with [...]
Digital Innovators: three market transforming companies leading business into the world of tomorrow May 9, 2018 Technology has become one of the main driving forces of the world economy, allowing businesses to become more productive and efficient, and helping to create new types of jobs. Data analytics and machine learning mean that artificial-intelligence powered devices are becoming faster and smarter, able to solve all sorts of problems and tasks. These three [...]
Artificial Intelligence: The importance of identifying the problem May 9, 2018 Over the past few years, Artificial Intelligence (AI) has attracted a huge amount of attention. It is anticipated to transform almost every sector including key areas such as finance, healthcare, manufacturing, logistics, automotive and aviation. The impact of this technology is so great that it has led the government and the AI sector to agree [...]
The future of UK supermarkets is big data and personalisation May 9, 2018 The proposed merger of two supermarket giants, Asda and Sainsbury’s, has been hailed as one of the new “forces of UK retail”. But in a rush to point out that the combined chain would have nearly a third of the UK supermarket sector, one key factor has been ignored: Amazon. Amazon recently launched its online [...]
Rosenblatt to take aim at litigation funders with £7m war chest and plans for a further fund following today’s London float May 8, 2018 City law firm Rosenblatt confirmed today that it could launch its own stand-alone fund to invest in litigation cases. Speaking to City A.M. the firm’s chief executive Nicola Foulston said: “We are interested in looking to open a separate regulated fund to fund third party litigation.” Rosenblatt floated today on the London Stock Exchange and [...]
Digital Innovators: three life changing companies leading the way in the technology sector May 8, 2018 The way society lives tomorrow is changing today, as companies find new and exciting ways to apply technology to the world’s problems. Consumers can now check their bank account, book a holiday, and buy new furniture using their smartphone during the morning commute. With voice-powered assistants at home, and AI-powered, data-driven tools at work, the [...]