DEBATE: Is Uber’s loss of its London licence evidence that we need more gig economy regulation? November 26, 2019 Is Uber’s loss of its London licence evidence that we need more gig economy regulation? John McCallion, chief executive officer of GroundScope, says YES. Transport for London has quite rightly decided not to grant Uber a licence to operate in London — just as many other cities around the world have done. Every city needs [...]
Lime: The e-scooter firm looking to make the car obsolete September 21, 2021 London has seen many changes over the last 18 months. Some of these may not last long, now that life is heading back to normality, but others feel like they could be set to stay. Perhaps the most obvious of these have been the changes made to the very fabric of the capital, which has [...]
Uber’s float is a huge gamble on the future of transport May 10, 2019 Every time you jump into an Uber, your ride is essentially subsidised by venture capitalists who prop up the loss-making outfit in the hope of riches down the road. Later today in New York, many more hopefuls will get the chance to back the immensely-popular-yet-controversial tech firm when it finally comes to market. Similarly [...]
London taxi numbers shrink to lowest in 40 years July 10, 2021 The coronavirus pandemic has sent the number of London cabbies down to its lowest level in 40 years, new stats from the Department for Transport (DfT) have shown. Over the last year, there has been a 29 per cent fall in the number of black cabs operating on London’s roads. As of the start of [...]
DeFi can surpass traditional finance, institutions need to embrace it now January 7, 2022 We imagine partnerships will emerge, and interoperability between traditional and decentralised financial companies will become the norm, says Rob Gaskell.
Sorare still confident of Premier League NFT deal and preparing US sports expansion April 12, 2022 Sorare, the NFT-based fantasy football platform valued at $4.3bn last year, remains confident of signing a deal with the Premier League despite suggestions it had missed out. The fast-growing French tech company has targeted licensing agreements with football’s top 20 leagues and already has contracts with Spain’s LaLiga and Germany’s Bundesliga. NFTs – non-fungible tokens, [...]
UBS chief: Staff who choose not to get vaccine can work from home rather than office September 2, 2021 UBS employees who don’t want to receive the Covid vaccine can apply to work from home instead, the Swiss bank’s CEO Ralph Hamers announced today, indicating a more flexible approach than some banking rivals. Some banks, including Deutsche Bank, Morgan Stanley and Goldman Sachs, have mandated vaccines for staff returning to their desks in some [...]
VPN uses: how to get the most out of your VPN solution February 9, 2022 Since cybercrime is on the rise, many people use VPNs (virtual private networks) for secure browsing and online privacy. A VPN encrypts your internet data and hides your IP address, thus improving your digital well-being. While a VPN may sound like a tool only for tech savvy individuals, it’s easy to use and offers great [...]
Uber hopes to turn a profit in 2021, as ride hailing firm makes heavy third quarter loss November 4, 2019 Ride hailing giant Uber hopes to be profitable by 2021, its chief executive has said, as the company booked a more than $1bn loss in its third quarter earnings. Uber beat Wall Street estimates for revenue over the period, as the number of people using its ride-hailing and food delivery service increased. However, it still [...]
Uber suffers blow as TfL grants it two-month London licence September 24, 2019 Transport for London (TfL) has given Uber a two-month licence to continue in London, in a blow to the ride-hailing app which has been on a corporate reform drive. It is understood that the TfL wants further information from Uber before it will consider granting them a more long-term licence. Read more: Sadiq Khan vows [...]