Titanic struggle between mobile data allowance and user demand is settled January 4, 2017 | City Talk It’s the quintessential 21st Century dilemma: you’ve just spotted Leonardo DiCaprio outside an Edinburgh café and snapped the best celebrity selfie of your life. But can you risk a Facebook Live broadcast? Just how much mobile data do you have left? Then you remember you’re in Scotland’s capital where, since the end of November 2016, [...]
The Square Mile wants a ban on all diesel minicabs by 2020 January 4, 2017 Leaders in the City are calling on the Mayor of London to ban diesel mincabs in the capital in a bid to reduce pollution. Canada Corporation wants Sadiq Khan to ban all diesel vehicles used by companies such as Uber and Addison Lee by 2020. New licenses would not be given to [...]
Meet the Faraday Future, an electric car to rival Tesla that goes from 0 – 60mph in 2.39 seconds January 4, 2017 It wowed us last year with a Batmobile-style concept car, and now Faraday Future has unveiled its first full production vehicle with all the fanfare one might expect of Apple's latest iPhone. Understated is not on the horizon for the startup, which showed off its FF 91 electric car that boasts a not too shabby [...]
Mastercard’s £700m Vocalink deal raises competition concerns with watchdog January 4, 2017 Mastercard's £700m deal for Vocalink has raised concerns over competition in the payments infrastructure business with the market watchdog. Owned by a collective of 18 banks, including Barclays, Santander, Lloyds, Royal Bank of Scotland and HSBC, Vocalink provides the infrastructure for many payments in Britain such as Bacs and the Faster Payments Service as well as the Link ATM network. Concerns have [...]
Oof: Tesla didn’t quite deliver on its promise of 80,000 cars in 2016 January 4, 2017 Tesla may be the darling of Silicon Valley, but if you were awaiting a shiny new Model S in 2016, you may have been disappointed. The company said last night it had made 76,230 deliveries in 2016 – not quite the 80,000 to 90,000 it had promised. In the fourth quarter it delivered 22,200 vehicles, [...]
Top secret Tesla rival Faraday Future is about to reveal its much-hyped “Batmobile” electric car January 3, 2017 It's time for car lovers to get excited. A year since its Batmobile-style concept car hit the headlines, top secret startup Faraday Future will finally unveil its electric car in a bid to rival the likes of Tesla. The lid will be lifted on its first production car at the massive Las Vegas tech event [...]
Digital challenger bank Monese lands $10m January 3, 2017 One of the UK's up-and-coming digital challenger banks has landed a new round of funding from investors to expand to Europe. Monese has raised $10m (£8.2m) in series A funding from Anthemis Exponential Ventures, Korea Investment Partners and STE Capital. It follows on from a $1.8m in the summer of 2015 from Seedcamp, SmartCap along with entrepreneur and [...]
The UK gaming industry is bullish for 2017 in the face of Brexit January 3, 2017 Brexit may be casting its shadow over 2017 and beyond, but the UK's multi-billion pound gaming industry is bullish. The industry is expected to grow even amid uncertainty over the economic climate as mobile gaming continues to grow and virtual and augmented reality take off. Businesses are more confident now than they were this time [...]
This study says Uber-style ride-sharing and carpooling could dramatically reduce city traffic January 3, 2017 London's roads – and the millions of people who travel on them – have reached an unprecedented gridlock. Congestion is estimated to be costing businesses in the capital £237m every year, while Londoners are wasting a week each year, on average, stuck in traffic jams – not to mention the impact on people's health of high [...]
WhatsApp extends deadline by six months for stopping services on less popular devices January 3, 2017 Blackberry and Nokia phone users have been given a WhatsApp reprieve after previously been told the cross-platform app would stop working on phones at the end of 2016. In February last year, WhatsApp revealed plans to bin support for WhatsApp messenger on a number of devices and platforms that were either outdated or only a minority of [...]
