Europe lacks giant tech stocks – but it may lead with the ‘industrial internet’ February 1, 2018 In the US, tech firms have been responsible for 42% of the rise in the value of the US stock market since 2014, according to a report in The Economist. Emerging markets too have their own tech giants in Alibaba and Tencent. But where are the tech companies here in Europe? And could emerging technologies [...]
From Red Flag Laws to the Uber ban, transport has always been a battle of innovation vs. precaution | City A.M. September 26, 2017 Last Friday, Transport for London (TfL) informed Uber that it would not be issued a private hire operator licence after its current licence expires on 30 September 2017. Only a few days before, Taxify, the Didi-backed car-booking app that is seeking to rival Uber, had been forced to halt operations in London for breaking rules [...]
Shenzhen, San Jose, Tel Aviv: global cities to watch in 2018 February 12, 2018 As investors in global cities we compile a biannual index using a number of factors to identify the most economically vibrant cities. With the publication of the latest version of the index, we’ve also taken the opportunity to highlight those cities that we believe have the greatest potential to move up the rankings in 2018. [...]
Sink, swim, or build a lifeboat: Tips for surviving Open Banking November 7, 2017 Open Banking, which comes into place January 2018, is a landmark development for the banking industry. It will force banks to open up their Advanced Programming Interface (API). This may sound like a dry compliance point, but the reality is far from it. With customer permission, competitors will be able to access banks’ enormous – [...]
Tencent overtakes Alibaba as most valuable Chinese tech company August 18, 2016 China's Tencent, one of the biggest tech firms in the region and the owner of messaging app WeChat certainly has something to er, type home about. A stellar set of earnings has sent shares surging as much as 6.2 per cent to an all-time high and topping Alibaba as the most valuable tech company in China in terms [...]
On yer Mobike: Another cycle sharing scheme’s arrived in London after oBike, starting with Ealing July 31, 2017 It looks like Londoners will have more bike choices than ever before, as another cycle sharing scheme pulls up in the capital. Mobike, a Chinese startup unicorn (valued at more than a billion dollars, that is), will be available in Ealing from today, its first foray into the capital after a somewhat bumpy arrival in [...]
How artificial intelligence is re-coding the way we manage our money March 14, 2018 It was 1950 when Alan Turing developed a test which looked at a machine’s ability to generate responses that were so human-like that you wouldn’t be able to tell it was a computer. Fast forward almost seven decades, and we are now at a tipping point in tech, as artificial intelligence (AI) nudges us [...]
How and why rising trade tensions have moved stock markets March 23, 2018 We explain all of the ins and outs of the turmoil in markets this week, focusing on at what might happen next with escalating trade tensions. How far have stock markets fallen this week? Global stock markets have come under pressure this week on fears over escalating trade tensions. The selling has been most marked [...]
Manchester bike-sharing firm Mobike develops tech to track cycles and lock them remotely June 28, 2017 Mobike, the bike-sharing firm bringing Boris-style bikes to Manchester, has developed location tracking technology that allows bikes to be locked remotely. The Chinese firm has teamed up with digital security company Gemalto to embed a “smart bike lock”. Today’s announcement comes a week after bike-sharing rival Wukong went bust after losing 90 per cent of [...]
The trials and tribulations of tapping new tech November 7, 2017 "Neither Redbox nor Netflix are even on the radar screen in terms of competition.” Those are the words of Jim Keyes, the former chief executive of video rental giant Blockbuster back in 2008. Just five years after Keyes made that statement, Blockbuster went bust, swallowed whole by the mighty online streaming service that is Netflix. [...]