Google’s transition to Alphabet can help teach startups their corporate governance ABCs August 11, 2015 If it isn’t code for job losses, the announcement of a company restructure is normally reserved for the back of the business pages. When Larry Page posted a blog outlining the creation of Alphabet, an umbrella holding company to look over Google’s sprawling empire of businesses, however, it set newsrooms and investors alight. [...]
Uber offices raided in Hong Kong after driver arrests in illegal taxi crackdown August 11, 2015 Uber's offices in Hong Kong have been raided by police following the arrest of five drivers in the country. An operation cracking down on illegal taxis lead to the arrests, AP reports citing a police statement. The drivers are being held on suspicion of illegally carrying passengers and driving without insurance, it said. It's just [...]
Just Eat fends off rivals with surge in profits August 4, 2015 JUST Eat is gobbling up market share, with profits soaring by almost two thirds in the first half as more hungry customers flocked to its website. The online takeaway giant has been taking the UK and other countries by storm since it was founded 14 years ago, taking advantage of a market that was slow [...]
Tube strike August 2015 TfL: Travel advice for Wednesday and Thursday – no Tube, but DLR, London Overground, trams, rail and 250 extra buses will run August 4, 2015 The Tube strike is on after unions rejected the latest pay offer from TfL, and that means you're likely to run into problems if you're travelling in London on Wednesday and Thursday this week. Here's everything you need to know to prepare and plan for your journey. When? The Tube will stop running from 6.30pm [...]
TfL Tube strike August 2015 travel advice: Seven apps to help you travel around London on Wednesday and Thursday August 4, 2015 Of course there are many a taxi apps to be used for getting around London during the strike, but here are some apps that will help you travel during the Tube strike that may be a little less busy. Moovit This public transport app gives you access to real-time travel info, based on crowdsourced and [...]
Most Londoners love taxi apps like Uber and Hailo – but think Black Cabs will still be around in 20 years August 3, 2015 As the war between Black Cabbies and taxi apps rages on, it seems the battle for Londoners' hearts has been won, after a new survey showed 55 per cent of those living in the capital are in favour of Uber and its ilk. The study, by YouGov and communications firm PLMR, found 55 per cent [...]
Audi, BMW and Daimler accelerate driverless car plans with €2.8bn Nokia Here Maps deal August 3, 2015 A group formed of some of the world’s biggest car manufacturers has bought Here, the maps arm of former mobile giant Nokia, in a €2.8bn (£1.97bn) deal designed to help them step driverless car development up a gear. German car firms Audi, BMW and Mercedes maker Daimler reportedly fought off competition from startup darling Uber, [...]
Uber competition is good for passengers and drivers August 2, 2015 Addison Lee’s Catherine Faiers just can’t stop talking about Uber. Twice in recent weeks, she’s written in these very pages to highlight our popularity. It’s flattering to get confirmation from others that what you do is in such demand, although we try to focus on our own business. We already know the public likes [...]
Uber’s race to the bottom: The wheels will come off this controversial business July 31, 2015 Uber causes a storm wherever it goes. First, there’s the storm of applause as passengers initially embrace what looks like an exciting, disruptive new technology. Then, there’s the storm of protest as people start to understand what the business model is really all about. Treating taxis as just another tech challenge raises all sorts [...]
Uber invests $1bn in India to battle rival Ola July 31, 2015 Uber has announced a $1bn (£640m) investment in India, the ride-hailing app’s fastest-growing market. India is already Uber’s largest market outside the US, after it expanded to 18 cities in two years, posting 40 per cent month-on-month growth. The company will use the investment to expand further, putting it in direct competition with local taxi-hailing company [...]