Data might be like oil, but reputation is still the real black gold October 24, 2017 For those firms harbouring inordinate reserves of our personal information, despite the endless profit-churning opportunities, an unblemished corporate reputation remains priceless. Today’s internet giants were founded on our personal data. Amazon, Facebook, Google. They don’t have high street stores. There’s next-to no human interaction. It’s all data. But today, data is a democracy. Businesses in [...]
The future may be powered by data, but it must be piloted by humans October 24, 2017 Of the six most valuable companies in the world, five are tech firms, whose worth is embodied less in physical assets than in intellectual property and customer data. Apple and Microsoft provide the tools to connect people, and to collect and process data. Google, Facebook and Amazon provide services, and in return accumulate more data [...]
Luxembourg finance minister warns EU against strict Brexit approach letting the City of London ‘drift away’ October 23, 2017 Luxembourg’s finance minister has warned EU leaders that taking a hard line approach towards a Brexit deal risks letting the City “drift away into the Atlantic”. Pierre Gramegna urged leaders to strike a collaborative accord allowing the “number one financial centre in the world” to stay well connected to Europe. “I think that it is [...]
Google parent Alphabet’s Sidewalk Labs building its own smart city in Toronto. But why not London next? October 18, 2017 Google’s parent company Alphabet is building its own city, where it will tackle some of the most pressing issues facing London: urban growth, energy use, housing costs, and transportation. But it’s the Canadian city of Toronto where 800 acres of waterfront space will be built “from the internet up” by the tech giant, not the [...]
Amazon’s hunt for HQ2 offers a blueprint for the perfect global city October 16, 2017 The Schroders Global Cities blog aims to identify the most investible cities and has compiled a Global Cities Top 30 Index. Here blogger Ryan Bennett examines Amazon's plans to find the perfect global city. In September Amazon announced plans to open “Amazon HQ2”, a second company headquarters in the US or Canada. Amazon expects to [...]
How AI could change the way you save for retirement October 13, 2017 A conversation in the not-too-distant future: Sarah: Hi Eva. Eva*: Hi Sarah, how’s it going? You came home early today. Yeah, I wasn't feeling too well so thought I would have an early night. What’s the problem? I have a booming headache and a runny nose. Sound’s terrible. Would you like me to order [...]
Here’s why mass parcel drone deliveries are unlikely to take off in London October 11, 2017 The likes of Google and Amazon may be plugging investment into developing drone deliveries, but the capital isn't likely to be filled with them anytime soon. Not according to the professor of logistics at Kühne Logistics University, anyway. Alan McKinnon says there are a couple of key reasons why urban drone delivery looks set to [...]
Adapt, or be crushed by the fourth industrial revolution October 9, 2017 No business has ever had the luxury of standing still. In the 1920s, American Express was founded as delivery service (hence the name), and Marriott originally specialised in root beer rather than hotels. Any company that has survived this long has had to adapt to the immense changes of the twentieth and early twenty-first century, [...]
Why cinema is doomed: The picture house may think it has weathered the storms of piracy and streaming, but the real cliff edge is still to come October 5, 2017 In April of last year, AMC, on the verge of buying out Odeon and becoming the largest cinema chain in the world, announced it was considering allowing people to use their phones during screenings. Its CEO, Adam Aron, justified this by saying, “When you tell a 22- year-old to turn off their phone, they hear [...]
Why cinema is doomed: The picture house has weathered the storm of piracy, but the real cliff edge is still to come October 5, 2017 In April of last year, AMC, on the verge of buying out Odeon and becoming the largest cinema chain in the world, announced it was considering allowing people to use their phones during screenings. Its CEO, Adam Aron, justified this by saying, “When you tell a 22- year-old to turn off their phone, they hear [...]