Alternative investments: predictable uncertainty in private markets April 19, 2022 With experience, investment professionals acquire a better understanding of markets, become more confident of their abilities and conclude that they can interpret the world more precisely. The philosopher Karl Popper offered his take on the main issue with such determinism during a 1965 lecture titled ‘Of Clouds and Clocks: An Approach to the Problem of Rationality [...]
Uber and Lyft U-turn following New York shooting surge charge April 13, 2022 Uber and Lyft face public backlash after prices surged during the New York subway shootings yesterday.
Sorare still confident of Premier League NFT deal and preparing US sports expansion April 12, 2022 Sorare, the NFT-based fantasy football platform valued at $4.3bn last year, remains confident of signing a deal with the Premier League despite suggestions it had missed out. The fast-growing French tech company has targeted licensing agreements with football’s top 20 leagues and already has contracts with Spain’s LaLiga and Germany’s Bundesliga. NFTs – non-fungible tokens, [...]
Big Tech’s fast-and-dirty employment honeymoon is over as Amazon unionises April 8, 2022 COULD you imagine a better name for someone making their mark out of being the Little Guy than Chris Smalls? It’s a story ready-made for a Netflix series. So it’s curious its success has taken Amazon – the company borne out of peddling cheap books – by surprise. Smalls is the leader of the tech [...]
As travellers are plunged into airport chaos, we must finally lighten the load of their baggage April 7, 2022 Finally, travel bosses thought they were in the clear. The pandemic restrictions had receded, customers were returning to the skies, and airports were full again. Only now they are too full and sickness among airport staff has created chaos at airports as families, desperate to go away for the school holidays, try to make their [...]
Hail a flight! Uber set to include air travel and Eurostar as ‘superapp’ bid revamped April 6, 2022 Planes and trains are set to be added to Uber’s app, as it looks to fully integrate inter-city and even international travel. The hail-a-ride cab company announced plans to move beyond localised convenience, and expand into coaches, air travel and trains this summer. It will also look to include a travel booking system, offering car [...]
The tectonic plates of economic power are being moved by the crypto kings April 1, 2022 Sanctions have shown the power of the people who control cash. Oligarchs counting their dollars today have realised that their money is more than just a currency, it’s an operating system. In the past month, the US Treasury, which issues the American notes and regulates the accounts that trade them, has removed the operating licence [...]
Once-fearsome Unions have let P&O off lightly as their political capital unravels March 30, 2022 A penny for the thoughts of Sir John Prescott as P&O Ferries plants itself at the top of the tree of corporate bad guys with its sacking of 800 British crew members. The Labour heavyweight and former Hull East MP started out, let’s remember, as a steward on the Cunard line at the age of [...]
Uber Eats signs global delivery deal with BP, including 120 outlets in the UK March 29, 2022 Uber Eats will start delivering items from 120 BP outlets across the UK by the end of June as part of a new global agreement. The convenience food delivery platform has signed a deal with petrol and service station operator, with 3,000 outlets hoped to be participating across Australia, New Zealand, Poland, South Africa the [...]
Going green: Uber’s fully electric option expands to all of London March 29, 2022 Uber goes green in London, with passengers now having the option to request an electric-vehicle anywhere in Greater London.