Deutsche Bank nominates Alexander Wynaendts as next chairman November 21, 2021 Deutsche Bank’s board will nominate Alexander Wynaendts as the new chairman at the bank’s annual general meeting in May 2022. If elected, Wynaendts will replace Paul Achleitner, who served as chairman for 10 years and decided not to run for re-election. “It is a great honour to have been nominated by Deutsche Bank as a [...]
Electric truck maker Rivian plots Wall St. IPO valuing firm at $70 billion May 29, 2021 An Amazon-backed electric-truck start-up is reportedly plotting an IPO later this year which would value the company at around $70bn (£50bn). California-HQed Rivian has appointed advisers including Goldman Sachs and JP Morgan, according to Bloomberg. Read more: The world is not enough: Amazon’s streaming push continues with $8.45bn deal for Bond studio MGM Despite the [...]
Could tech stocks lose their shine in 2022? January 7, 2022 If you wanted to put money in the stock market over the past five years, then a sure-fire bet has been to invest in US tech stocks, which have significantly outperformed the wider markets. That divergence in performance has been particularly noticeable since the start of the pandemic, as the crisis spurred new ways of [...]
Uber boss Khosrowshahi met with TfL commissioner to discuss London ban January 20, 2020 Uber’s chief executive met privately with TfL’s boss in recent days amid a brewing legal battle over the US ride-sharing firm’s future in the capital. Dara Khosrowshahi met TfL commissioner Mike Brown to discuss the dispute, Sky News reported. The meeting, which had not been disclosed, happened while Khosrowshahi was on his way to Davos [...]
Uber’s quiet cabs are sapping our social skills August 30, 2019 Uber’s recent move to offer passengers a “quiet preferred” option sparked a lively debate online, with some praising the move and others sharing stories of overly chatty drivers disturbing their journeys. Others bemoaned the change, branding it “dehumanising” for the drivers and “entitled”. Whatever side of the fence you sit on, there’s no denying that [...]
Crypto Exchanges compete in Super Bowl Debut as JPMorgan Enters Metaverse February 21, 2022 The price of Bitcoin dropped this week amid fears a Russian invasion in Ukraine could spark large-scale military conflict.
A little birdwatching: Are tech firms like Musk’s Twitter ready for regulation? November 16, 2022 ELON MUSK’s dramatic takeover of Twitter – complete with firing the entire management team and half the staff – has been the talk of, ahem, Twitter for the past week, as well as much of the rest of the world. It has also divided opinion amongst the most strongly politically engaged. Many on the right [...]
German e-car boom will hit 178,000 workers unless companies focus on re-skilling May 6, 2021 The electric cars boom will hit 178,000 workers in Germany unless companies gear up efforts to re-skill their employees, a report has shown today. The country’s auto industry will suffer more employees retiring than the labour market can keep up within the coming years, the Ifo institute said. With battery-driven cars requiring less assembly work [...]
Sadiq Khan interview: The London mayor talks tech tax, Brexit, Labour and Uber January 30, 2020 There can be no doubt that last year’s General Election redrew Britain’s political landscape. But for an example of just how different things have become, consider that next week a Labour mayor of London will warn a Tory chancellor against imposing new taxes on multinational tech giants. Sadiq Khan tells me he enjoys a good [...]
Uber launches appeal over TfL London ban December 13, 2019 Uber has today submitted an appeal against Transport for London’s (TfL) decision to ban the ride-hailing app from operating in the capital. TfL last month stripped Uber of its licence, stating that a “pattern of failures” left passengers at risk. Read more: Uber says it received 6,000 reports of sexual assault over two-year period The [...]