Steps to take if you are worried about a hacked Uber account November 23, 2017 Uber is not the first business to fall foul to a security breach and it certainly won’t be the last. The reality is that – with data breaches like Yahoo!, Equifax, and now Uber – we must accept that a plethora of once-trusted companies can no longer be trusted to keep our private data secure. [...]
Nearly half of commuters think air taxis would solve transport problems in cities February 19, 2019 The public is turning more to the idea of air taxis to help alleviate congestion and air pollution on Britain's roads, new research reveals. Research carried out by aviation events organisation Revolution.Aero found that 43 per cent of those surveyed would support the introduction of air taxis to reduce transport problems in UK cities. Read more: [...]
Transport for London quietly increased the cost of Uber’s licence to operate in the capital September 18, 2017 Uber’s cost of operating in London is set to rise even further after the transport regulator pushed forward with new plans that are set to add nearly £1m to its bill. Transport for London is now planning to charge a maximum fee of £2.9m for the largest mincab firms to operate in the capital, it [...]
Johnson Service Group eyes up more acquisitions off back of strong balance sheet March 4, 2019 Laundry company Johnson Service Group plans to continue a series of acquisitions which helped the firm grow profits through 2018. The services group’s shares rose slightly on Monday as it announced a strong balance sheet, following the buyout of South West Laundry in August. Read more: Londoners: Now there’s an "Uber for laundry" The figures [...]
Addison Lee is on the hunt for hundreds more drivers in London after Uber’s licence loss September 29, 2017 With Uber battling to secure a change of mind from Transport for London over the loss of its London licence, other taxi rivals have been quick to report rising app downloads and increased interest. And today, Addison Lee announced it is on the hunt for 1,000 extra drivers due to a rise in demand. The [...]
Softbank shares up on reports it will scale back Wework investment amid tech rout January 8, 2019 Shares in Softbank rose more than five per cent this morning following reports it has scaled back its new investment in Wework. The Japanese conglomerate reportedly plans to invest $2bn (£1.6bn) into the shared workspace startup, down from the original sum of $16bn. The investment will no longer involve Softbank’s prolific $100bn Vision Fund, the [...]
Activist investor Cat Rock turns up the heat after calling on Just Eat to start merger talks February 11, 2019 One of Just Eat’s major shareholders has urged the takeaway giant to start merger discussions with a "well-run industry peer" today, following the recent departure of boss Peter Plumb. Cat Rock Capital Management, which owns a 1.7 per cent stake in Just Eat, said that a tie-up for the online food delivery firm "would be a [...]
Uber’s top boss in northern Europe Jo Bertram exits amid London licence trouble October 2, 2017 Jo Bertram, Uber’s top boss in northern Europe, is leaving the beleaguered company for a new, but not yet disclosed, role at another company as the ride-hailing app fights for its licence to operate in London, . Bertram has overseen Uber’s operations in London, the UK and across the rest of Europe since 2013. The [...]
Facebook libra: Could regulators crush Mark Zuckerberg’s dream cryptocurrency? August 27, 2019 Mark Zuckerberg’s decision this summer to launch a digital currency – Facebook libra – sparked the interest and concern of regulators around the world. Watchdogs have warned that without tight regulations libra could be used for money laundering and financing terrorism. They have also raised concerns over the potential risks it poses to data protection [...]
EE and Vodafone ditch Huawei devices from summer 5G rollout May 22, 2019 EE and Vodafone have both blocked Huawei handsets from their 5G launches this summer, the telcos confirmed today, as the fallout from US accusations of spying turned radioactive. Read more: EE will be the first UK provider to offer 5G later this month They had announced the launch of Huawei’s Mate 20 X 5G smartphone when [...]