This firm thinks we’re all going to car share in the future and this is what it’ll look like February 28, 2017 From Uber to Bluecity, many firms are getting in on car-sharing or carpooling these days. But design firm Ideo thinks in the not so distant future, we could all be sharing cars. It has designed a new concept for the future of the car in the next 10 years, as ride-sharing and the on-demand economy expand [...]
With Uber joining the driverless car race, will autonomous vehicles be the end of public transport? May 23, 2016 Tim Worstall, senior fellow of the Adam Smith Institute, says Yes. Whether it’s Uber that perfects the autonomous vehicle is yet to be revealed: but they will be perfected and they will destroy the entire public transport system. Given the sheer number of people that a commuter train system can move, that section of the system [...]
Uber’s giving £10k to hackers with a bug bounty program to find security flaws March 22, 2016 Uber is offering up to $10,000 to hackers. No, it's not some sort of blackmail, it's for the friendly sort who can spot security flaws in their technology meaning they can fix it before any not so friendly hackers do. The so-called bug bounty program offers a tidy cash sum to anyone who can track down bugs in their code as [...]
Bank junction traffic ban: Mytaxi calls on the City of London Corporation to rethink the 18-month closure over disruption concerns May 22, 2017 The boss of e-hailing taxi app Mytaxi has written to the City of London Corporation calling for today’s closure of Bank junction to be reassessed amid concern over the disruption it will cause. In the letter, seen by City A.M., Mytaxi general manager Andy Jones calls for a regular review of the trial period, which [...]
Awards 2022 February 20, 2019 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
TfL starts its tougher crackdown on illegal cab activity in the capital with the roll-out of new officers December 14, 2016 The first wave of the mayor's new beefed up compliance team to tackle illegal cab activity in the capital has hit the streets. Sadiq Khan unveiled plans to crack down on illegal taxis and minicabs in August and 50 of the 250 new officers have now joined the existing team of 82, which Khan says is [...]
Replace 250,000 public sector jobs with robots, urges think tank Reform in radical workforce overhaul driven by technology February 5, 2017 Automating admin jobs could reduce the public sector workforce by more than a quarter of a million people saving the economy billions of pounds, a leading think tank has suggested. And adopting technology such as artificial intelligence, chatbots and drones, could radically overhaul the public sector and streamline Whitehall even further, according to a new report [...]
‘Personalised pricing’ could soon make it cheaper to buy your lunch at 3pm July 21, 2017 These days, consumers have generally come to terms with the idea the price they are asked to pay for, say, a train ticket or hotel room can fluctuate – and sometimes quite markedly – depending on when they make the purchase. It would presumably still come as a shock, however, if their local supermarket charged [...]
Uber drivers accused of over 30 sex attacks on customers in London last year May 19, 2016 Uber drivers in London were accused of 32 sexual attacks in one year, new data has revealed. The figures show one customer was assaulted once in ever 11 days, Freedom of Information data shows. The Metropolitan Police dealt with 154 allegations of sexual assaults that involved taxi, minicab (legally booked or illegally picked up in [...]
Pay-as-you-go insurtech startup Cuvva has raised cash from a top VC January 25, 2017 A fintech startup offering motorists flexible pay-as-you-go insurance by the hour as landed new investment from one of the UK's top venture capitalists. London-based Cuvva has landed £1.5m seed capital from Robin Klein's LocalGlobal, a backer of Zoopla and Citmapper, to target urban drivers who use their cars infrequently and tapping into the same habits which [...]