The rise of young Asia: how millennials are transforming a region November 6, 2017 There seems to be a growing view that Asia has a problem with ageing. It is certainly true that maturing populations will soon be putting pressure on workforces in countries like China, Korea and Taiwan. But, this misses the point: there is a huge shift of economic power to a growing and increasingly wealthy Asian [...]
Who actually owns your personal data? Certainly not you November 6, 2017 Big businesses own us. Many of us feel like Facebook and Google have us pinned. They know everything about us, they can use our data however they want, and there’s no escape. Or is there? The reality is, we are on the brink of a major switch from corporate data ownership to individual ownership. People [...]
Ford plans to bring its Chariot commuter shuttle bus to London November 5, 2017 Ford’s commuter shuttle bus network could soon be coming to the capital. The firm’s Chariot service uses a fleet of Ford 15-seater transit vans to ferry passengers along popular routes in the likes of San Francisco and Austin, Texas, as well as New York. It looks to supplement public transit bus routes and local trains [...]
Uber secures six month extension for Brighton licence as council monitors outcome of London row November 2, 2017 Brighton has renewed Uber’s licence to operate for another six months as it awaits the outcome of the firm’s battle to keep hold of its licence in the capital. In a statement, Brighton and Hove City Council announced the decision today after a meeting earlier in the day. Read more: Uber has hired a City [...]
MP Mark Garnier to be investigated by Cabinet Office over sexual harassment claims October 29, 2017 An MP will be investigated after claims of sexual harassment were made against him in a Sunday paper. The Cabinet Office will look into the claims against Mark Garnier, the parliamentary under secretary of state for international trade and MP for Wyre Forest, said health secretary Jeremy Hunt during an appearance on the BBC’s Andrew [...]
Uber confirms Laurel Powers-Freeling as its new UK chair October 27, 2017 Uber has confirmed Laurel Powers-Freeling will be its new independent non-executive chair in the UK. Her appointment to the newly-created role comes as Uber fights to defend its right to operate in London. Columbia and MIT graduate Powers-Freeling is a senior independent director on the board of challenger bank Atom, and has previously held roles [...]
Stranger Things 2: Snapchat’s created the Upside Down in first fully immersive augmented reality advert with Netflix October 27, 2017 Snapchat has created its first fully immersive augmented reality advertising with Netflix for the launch of Stranger Things 2. Taking advantage of the newly launched World Lense feature, the tie up creates an entire world beyond the familiar face changing selfies and transports fans of the hit show into the home of the Byers family, [...]
Love it or hate it, you can’t halt the momentum of Silicon Valley October 26, 2017 Opposition and doubt always accompany any great change. The rise of computer technology over the last 30 years is no different than the invention of the car or the light bulb in this respect. The innovations that Silicon Valley has produced have shaken just about everything we thought we knew, and made us question the [...]
Winners announced of Indigo Economics Prize to radically shake-up GDP | City A.M. October 25, 2017 The winners of a new economics prize calling on entrants for how best to measure economic activity have been announced today. The Indigo Prize was awarded in a joint split, with £125,000 to be shared between Diane Coyle, the professor of economics at Manchester University, and Jonathan Haskel, of Imperial Business School. Coyle’s entry, co-written [...]
Data might be like oil, but reputation is still the real black gold October 24, 2017 For those firms harbouring inordinate reserves of our personal information, despite the endless profit-churning opportunities, an unblemished corporate reputation remains priceless. Today’s internet giants were founded on our personal data. Amazon, Facebook, Google. They don’t have high street stores. There’s next-to no human interaction. It’s all data. But today, data is a democracy. Businesses in [...]