Part of British chipmaker Arm to be sold to Saudi-backed Softbank Vision Fund March 8, 2017 Softbank is reportedly selling part of newly acquired British chipmaker Arm to its Saudi-backed investment fund. After snapping up the firm for £24bn in a shock mega-deal just weeks after the vote to leave the European Union last June, the Japanese conglomerate is now selling a 25 per cent stake to its Vision Fund, the Financial Times reports, [...]
London commuters have taken today’s #TubeStrike in their stride… January 26, 2017 In case you hadn't heard, a Tube strike is causing problems on the Central Line (no service east of Leytonstone) and the Waterloo & City Line (good service until around 10am). Of course, Londoners have taken to such disruption with the usual approaches, spanning grumpiness to sarcasm… Read more: How to get from Waterloo to Bank [...]
London commuters have taken today’s #TubeStrike in their stride… January 26, 2017 In case you hadn't heard, a Tube strike is causing problems on the Central Line (no service east of Leytonstone) and the Waterloo & City Line (good service until around 10am). Of course, Londoners have taken to such disruption with the usual approaches, spanning grumpiness to sarcasm… Read more: How to get from Waterloo to Bank [...]
The tech revolution – not Brexit – will reshape the face of London December 16, 2016 London's office market will change more in the next five years than in the 15 years since the 2001 dot-com crash, as a combination of factors much bigger than Britain’s exit from the EU come into play across the capital. While there has been so much discussion on the future of London’s banking cluster since [...]
US tech leaders still ❤ London, even after Brexit September 19, 2016 Entrepreneurs and tech leaders in the US still have an eye for London as the transatlantic special relationship continues to flourish despite the looming prospect of Brexit. The capital still tops their list as the top tech hub in Europe and the best place from which to build business across the continent, a new survey of more than [...]
Uber’s hungry for even more cash with plans for $2bn leveraged loan June 15, 2016 Thought the most highly valued private tech company in the world had enough money to throw around? Apparently, it doesn't. Uber is rounding up another $2bn (£1.4bn) to its already pretty huge cash mountain in its bid for world domination, but this time it's tapping the cash via a leveraged loan. Read more: Apple's favourite Chinese Uber rival [...]
Uniting the suits and the beards: Co-working’s rise July 4, 2016 Co-working the latest trend in ultra-hip working practices, has now hit the mainstream. The word conjures up images of bearded, flannel-shirted hipsters working on iMacs in Scandinavian inspired “spaces”. Yet more and more corporates are now adopting it, with the likes of Microsoft, Philips and several mainstream retail and investment banks creating specialised working environments. [...]
Opinion: Why canny investors need only look for co-working spaces to find London’s housing hotspots June 16, 2016 London’s biggest employment story during the last decade is Tech City, surrounding Old Street Roundabout. In recent years Tech City has undergone significant redevelopment, with investment from companies such as Cisco, Facebook, Google, Intel and McKinsey & Co. Now the third largest tech cluster in the world, it generates 27 per cent of London job [...]
WeWork launches shared office space for start-ups at Moorgate July 1, 2015 A US COMPANY that provides flexible workspace to start-ups is hoping to tap into demand among London’s thriving tech community after launching a new site near Moorgate station today. WeWork has taken eight floors at Brookfield’s Moorgate Exchange, its fourth location in the UK after opening in Sea Containers House, Soho and Devonshire Square over [...]
Uber’s Apple-backed rival Didi Chuxing just raised billions June 16, 2016 The taxi wars are hotting up. A day after reports of Uber raising a further $2bn (£1.4bn) to add to its already rather large cash pile, its rival in China has announced another $7bn in new funding that puts it squarely on the tail of the US startup when it comes to being the most well-funded private startup [...]