Uber boss Travis Kalanick says IPO is not on the near-term agenda March 28, 2016 Uber's chief executive Travis Kalanick has stated there are no plans to float the company on the stock market in the near future. The ride-hailing app firm's boss and co-founder told CNBC that he is "going to make sure [an IPO] happens as late as possible", adding that a flotation is definitely not going to happen [...]
Logan is the bloody and bold Wolverine film fans have been waiting for, and a perfect end to the series March 3, 2017 While not every outing was a gem, Hugh Jackman’s seventeen years as Wolverine have made him a superhero movie icon. Taller and prettier than the comic book character, he nonetheless won over the nerds during his six-film run (plus two cameos). The missing ingredient (“X factor”, if you will), however, has always been edge; his [...]
Google’s gearing up to spin off its self-driving cars business October 27, 2016 Google's self-driving cars are getting a life of their own. X lab, the autonomous vehicle project, is becoming a standalone unit of Google's parent company Alphabet; possibly the first step on its journey to becoming an independent company. The wheels were set in motion at the beginning of the year when Alphabet started separating the [...]
This European flying car maker just raised €10m in VC money December 5, 2016 We may live in a world of talking virtual assistants, contactless payments and a world of knowledge in our pockets – but we won't truly be in the future until cars can fly. Pleasingly, though, flying cars came a step closer today, after a German company trying to develop a pint-sized plane raised €10m in [...]
Bank worries over fintech and an approaching “Uber moment” are subsiding, new research finds April 7, 2016 Bank worries over fintech and an approaching "Uber moment" are subsiding, a new study suggests. A survey of 127 finance industry professionals by Autonomous Research found that while fintech is seen to matter more, the perceived “Uber risk” is receding. Read more: Fintech is coming to take your banking job Nine per cent of those surveyed said [...]
Deliveroo’s testing an Amazon Prime-style delivery subscription January 19, 2017 Deliveroo is testing out a new feature which has echoes of Amazon Prime – hungry users of the food delivery app can pay a subscription fee rather than a charge on each individual order. Deliveroo Plus will be tested out across six UK cities with customers paying an annual fee of £89, or a monthly fee of [...]
Now you can split London black cab fares with friends (just like Uber) April 11, 2016 One of the features beloved by Uber users is being able to share a fare with a mate at the tap of a phone, but now, you'll be able to do the same with a black cab. Anyone getting one of the 15,000 London black cabs via on-demand app Gett, can now split the cost between [...]
London’s gig economy has grown 72 per cent since 2010 December 9, 2016 You might have suspected it given the influx of cyclists zooming by with Deliveroo boxes, and new research has confirmed it: the capital's gig economy is booming. In fact, it's grown 72 per cent, across the transport and storage sector, since 2010. The gig economy, driven by casual work, has become hugely popular in London, according to analysis [...]
MPs have warned keeping the pensions triple lock means no one will retire until they’re 70 February 28, 2017 The state pension age may need to rise beyond the life expectancy of some of the UK's poorest places in order to be compatible with retaining the “triple lock” on payments, MPs have today warned. In a report published this morning, parliament's Work and Pensions Committee warned keeping the policy will push the pension age to [...]
Bank junction is about to grind to a halt again as black cab drivers demonstrate for the fifth day in a row January 20, 2017 The junction outside the Bank of England will grind to a halt for the fifth consecutive afternoon today, as black cab drivers once again make their views felt over plans to reduce the number of fatal accidents there. Once again, City of London police pointed out that the protest, in which cabbies will bring their vehicles [...]