Exclusive: Railsbank CEO on finance’s ‘iTunes moment’, ripping up the rule book and the might of Amazon February 7, 2022 British fintech Railsbank is eyeing up ‘unicorn’ status as it looks to raise $100m funding which would value the firm at over $1bn. It follows a $70m funding injection last year from backers including Anthos Capital and Outrun Ventures, which bosses had suggested had left the firm with a valuation of close to $1bn. Time [...]
Apple struggles to keep pace with Google and Amazon according to new study on future readiness December 15, 2021 Tesla, Lululemon, Mastercard, and Google topped the global rankings in their respective industries in the Future Readiness Indicator released today, and a number of global companies fared much worse than expected, including Apple, IBM, Twitter, Spotify, HSBC, Audi, and Sony.
Amazon looks to settle antitrust investigations with European Commission to avoid heavy restrictions November 9, 2021 Retail giant Amazon looks to settle two antitrust investigations to avoid fines and restrictions from the EU.
Former Amazon vice president poached for Ocado board August 24, 2021 Online retailer Ocado has poached a former Amazon vice president and robotics expert for its board, as the supermarket looks to broaden its market share. Incoming independent non-executive director and board veteran, Nadia Shouraboura, is set to join Ocado at the turn of September. Shares lifted 2.43 per cent by the afternoon, taking the group’s [...]
Amazon Alexa down across the UK, thousands of Brits unable to access smart speaker and other devices January 21, 2022 Amazon’s Alexa virtual assistant is down in the UK, leaving users unable to access smart speakers and other devices. According to service status website DownDector, UK users began reporting problems with Alexa at around 7am on Friday, with more than 8,000 reports since recorded. Many users are reporting being unable to wake their voice-activated Amazon [...]
Deliveroo launches free delivery offer for Amazon Prime members September 15, 2021 Amazon Prime members in the UK and Ireland will be able to get free unlimited delivery through a fresh partnership with delivery platform Deliveroo. All new and existing members of the online retailer’s speedy service will now be able to access a year’s Deliveroo Plus membership for free. Customers can use the offer on orders [...]
S&P 500 and the Nasdaq set to fall after Apple and Amazon disappoint October 29, 2021 The S&P 500 and the Nasdaq indexes are expected to feel the repercussions of Apple and Amazon's supply chain woes.
Motorway snags unicorn status as it lines c-suite with Amazon and John Lewis leads November 29, 2021 Used car marketplace Motoway has snagged unicorn status today, after a fresh $190m funding round has it gearing up for expansion. High profile investors including Index Ventures, which backed Deliveroo, Etsy and Dropbox, as well as BMW i Ventures, Latitude and ICONIQ Growth piled into the Series C. “We’re now completing over 8,000 car sales [...]
Amazon hit by multiple outages around the world July 12, 2021 Amazon was hit by multiple outages from Sunday into Monday, but the company said the problems have now been resolved. Watch the full report.
Owner of Gary Neville’s production company Buzz 16 returns to the black as revenue rockets May 22, 2024 The owner of Gary Neville's production company Buzz 16, which recently co-produced the Amazon Prime documentary about Manchester United's treble-winning season, returned to the black after its revenue surged by £80m.