Amazon overtakes Apple and Google as world’s most valuable brand June 11, 2019 Amazon has surged past tech rivals Apple and Google to be crowned the world’s most valuable brand. The e-commerce giant jumped in brand value by 52 per cent over the last year to reach $315.5bn (£405.9bn), according to the latest figures from WPP and Kantar. Read more: Amazon to deliver packages by drone ‘within months’ [...]
Government to scrutinise employment status after rise of gig economy with Uber and Deliveroo February 7, 2018 The government will promise to scrutinise how workers are classified with a rising number of people working in the so-called gig economy, popularised by tech companies such as Uber and Deliveroo. Business and industry will be consulted on plans that could lead to changes to the current statuses that exist in law – employed, self-employed [...]
How Smart Cities transform operations models February 1, 2019 Local and national governments around the world face huge challenges in addressing the services needs and environmental issues that busy, growing modern cities present. Effective and efficient operations models are required, both for the management of urban infrastructure and for the production and delivery of products and services dependent on them. One solution has been [...]
Brexit Day celebrations: How the UK is marking 31 January January 31, 2020 After nearly four years since the EU referendum in June 2016, Brexit Day is upon us. Great Britain will finally cut its ties with the European Union on 31 January after that date was repeatedly delayed. The original Brexit date was 29 March 2019. But that was pushed back to 31 October and then 31 [...]
Get Your Guide to achieve unicorn status thanks to $50m Temasek backing March 13, 2019 Online travel firm Get Your Guide is set to achieve coveted unicorn status thanks to a $300m (£228m) cash injection from a group of investors, Sky News reported. The Berlin-based travel company is said to be in advanced talks with Singaporean sovereign wealth fund Temasek Holdings over a $50m investment that will be announced in [...]
Softbank shareholders give Uber deal the green light December 29, 2017 A consortium led by Japan’s Softbank has agreed to buy a 17 per cent stake in Uber, after shareholders approved the purchase. A deal between the ride-hailing app and the Softbank-fronted group was first floated around two months ago, and yesterday, Softbank investors gave it the green light. The transaction values Uber at approximately $48bn [...]
Tech friend or foe? Sadiq on why going up against Uber isn’t bad for London’s business March 12, 2018 Sadiq Khan pledged to be the most “business-friendly” mayor to lead London when he was elected almost two years ago. But in September last year, he shocked the business community by backing Transport for London’s (TfL) decision to revoke Uber’s licence. Uber is not known for its good corporate governance, but Khan was criticised for [...]
Levi shares soar as jeans retailer makes stock market return March 21, 2019 Shares in jeans retailer Levi Strauss soared more than 30 per cent as it returned to the stock market today, giving the company a market value of $8.7bn. The denim brand, which has described itself as “the inventor of blue jeans”, started trading on the New York Stock Exchange this morning after it was taken [...]
Uber will introduce a cap on driver hours in the UK from next week January 16, 2018 Uber will introduce a cap on the number of hours drivers can work in the UK after MPs criticised working conditions and raised concerns about safety risks from working long hours. Drivers will be forced to log out of the app and will be unable to accept rides for six hours after 10 hours of [...]
Automakers and the tech giants are battling over the future of the car industry March 5, 2019 More than 100 years after the petrol-powered car passed go for the first time – and despite worldwide sales at a record high in 2018 – stress fractures are starting to appear. Tesla is on track to outsell both BMW and Mercedes-Benz in the US, car sales in China are declining for the first time in [...]