The five beauty tech startups joining L’Oreal and Founders Factory’s incubator January 22, 2017 Five startups hoping to disrupt the multi-billion pound world of beauty have been chosen by L'Oreal and Founders Factory, the London tech incubator from LastMinute.com entrepreneurs Brent Hoberman and Henry Lane Fox. Preemadonna, a startup creating a nailbot that can print designs onto nails via a mobile phone, and InistU, an online skincare company, are among the five [...]
The clock is ticking on Spotify’s IPO January 22, 2017 The clock is ticking for Europe's most highly anticipated IPO as it creeps towards a crucial date in the financial calendar of the company. Spotify, the region's most highly funded tech startup, is approaching the deadline of a $1bn debt financing deal inked last year that will see the costs increase and a share of the compnay given [...]
This Twitter founder thinks tech could become the next big tobacco January 22, 2017 One of the founders of Twitter has said that online is turning into a "a nasty business" and that the big technology companies must take action before they become as reviled as big tobacco, oil or pharma. "You can do all these wonderful things online but it's turning into a nasty business," said Biz Stone [...]
That healthy diet is about to last longer: Deliveroo is down January 21, 2017 Put that takeaway menu away and head to the back of the cupboard: Deliveroo is down. The service tweeted just after 8.30pm that it was "experiencing a small problem at the moment". Almost an hour later, the app was still failing to load for many users. https://twitter.com/DeliverooHelp/status/822907053060538368 Users also complained they were unable to get [...]
Scientists have created an app which can detect nine in 10 of the most deadly cases of skin cancer January 20, 2017 A Dutch company says it aims to save a quarter of a million lives with a new, enhanced version of its app which can detect some of the most deadly forms of skin cancer. The makers of SkinVision said its new algorithm can identify two of the most deadly forms of melanoma, Basal Cell Carcinoma [...]
Uber has agreed a $20m deal with the US Federal Trade Commission to settle claims of driver deception January 20, 2017 Uber has agreed to pay $20m (£16m) to settle allegations it duped people into driving for its ride-hailing app with false promises regarding how much they'd earn. According to a lawsuit brought by the US Federal Trade Commission (FTC), the company made exaggerated claims about how much drivers could earn and how affordable its vehicle [...]
Would you let your boss track your every move? January 20, 2017 After drinking a tad too much, you flop into bed in the early hours. You rise for work on time, just about. You freshen up, in an inebriated stupor, stumble hastily to work, and mumble your way through the morning, hungover. By lunchtime, you think you’ve got away with it, but your boss thinks not. [...]
How blockchain technology could revolutionise global trade January 20, 2017 Blockchain technology could revolutionise trade – making it cheaper, quicker and simpler for businesses to trade internationally. From “letters of credit” to “bills of lading”, merchandise trade today is heavily reliant on paper documents. In our digital, connected world, there is a growing need to modernise trade’s many paper-based processes. Digitisation would reduce bureaucracy, improve [...]
Bye-bye Obama, hello Donald Trump: But what happens to @POTUS Twitter account after inauguration? January 19, 2017 As Donald Trump prepares for his inauguration as the 45th President of the United States he will also take over the 13.6m followers of the @POTUS Twitter account. The first ever Presidential Twitter account was set up in May 2015, with a typically amusing message: "Hello, Twitter! It's Barack. Really! Six years in, they're finally giving me [...]
Tesla’s fatal autopilot crash investigation has concluded: Here’s what it said January 19, 2017 A US government investigation into Tesla's autopilot system following a fatal crash, has found that the tech company gave drivers enough warning around the system and identified no defects, avoiding a recall of the Model S cars. The report by the US department of Transportation's National Highway Traffic Safety Administration (NHTSA) said: "Although perhaps not as [...]