Passenger with suspected coronavirus lands at Heathrow February 14, 2020 A passenger travelling from San Francisco suspected of having coronavirus has landed at Heathrow airport this morning having fallen ill on the flight. The United Airlines flight from the US landed in London this morning with the captain telling passengers “someone on the plane has suspected coronavirus”. Passengers were forced to wait on board the [...]
Prosus and Takeaway.com trade blows in battle for Just Eat November 20, 2019 The two companies competing to take over food delivery firm Just Eat were locked in a war of words today as they vied to win the favour of shareholders. Prosus said the bid made by rival Takeaway.com represented “significant risks” and underestimated how competitive the British market was. Read more: Takeaway.com boss has no plans [...]
YouGov profits soar after shift towards real-time consumer data attracts McDonald’s, Uber and Vodafone October 9, 2018 Pollster YouGov said a shift in focus to real-time data analysis was paying off as its profits climbed 49 per cent. The market research firm reported pre-tax profits of £11.8m in the year to 31 July, up 49 per cent on the previous 12 months. Revenue also climbed nine per cent to £116.6m as its [...]
Ai: The Competitive Advantage July 7, 2020 In recent years, it seems most discussions centered around technology and business innovation inevitably end up debating the future potential of Artificial Intelligence. While the longer term upside is seemingly limitless, and there is much debate about what the future of what AI might look like, what’s less understood is how AI works today – [...]
Veteran Hackers, Software Engineers and Creatives May 12, 2020 Hartej Sawhney, Co-Founder and CEO at Zokyo discusses Zokyo’s approach to the digital asset ecosystem. Approximately $2.5 million dollars is stolen daily from cryptocurrency exchanges, with most hacks unreported to the public. There has been a shift in the motivation of cybercriminals from hacking traditional finance to digital assets. Binance, one of the world’s most [...]
Farewell to a decade of seismic change and existential anxiety December 2, 2019 You’d be forgiven for not having a moment to notice, but this is a decade that is fast running out of time. The 2010s began with the unease of the consequences of the financial crash. They end with another dose of unease, this time both political and economic. Theresa May tried to win an election [...]
Uber nabs former Merrill Lynch CFO as top finance boss in race to go public August 21, 2018 Ride-hailing giant Uber today filled the long-standing vacancy of chief financial officer, easing investor concerns ahead of its plans for an initial public offering (IPO) in 2019. The spot, which was left empty after its previous occupant Brent Callinicos departed in 2015, has been plugged by financial services veteran Nelson J. Chai. Chai joins Uber [...]
Softbank executive suggests Wework should stay private until it can ‘demonstrate cash flow’ October 8, 2019 The tech world has been rocked by a string of disappointing or cancelled IPOs this year, as companies failed to convert huge private valuations into success on public exchanges. One Softbank executive has suggested a novel solution: firms should wait until they can demonstrate suitable levels of cash flow before listing publicly. Asked about the [...]
Top 5 Reasons why Cryptocurrencies are a waste of time July 28, 2020 Cryptocurrencies. Bitcoin has been around since 2009 and Ethereum since 2015. And there are thousands of other cryptocurrencies – or cryptos for short. Many of them died during the alt-coin apocalypse. Others have managed to hodl on and barely keep themselves afloat. Not every digital token is a cryptocurrency. Some are security tokens – typically [...]
Softbank’s Indian Uber challenger brand Ola is launching in the UK | City A.M. August 7, 2018 Ola, the Indian ride-hailing firm backed by Japanese mega-investor Softbank, is bringing its services to the UK. Ola’s app will allow riders to choose from services across both private hire vehicles and black cabs, in a bid to shake things up by challenging major UK taxi disruptors Uber and Gett at the same time. The [...]