Four facts about Fintech Connect 2016 you need to know December 2, 2016 | City Talk Are you a fintech pro? Then you'll know 2016 has been a year that keeps on giving where events are concerned. If you’re going to Fintech Connect Live this week, you’re sure of a big surprise: it promises to be bigger than ever. Why? Because every second you’re there, £634 will be made in fintech in the [...]
Airbnb has introduced a new rule in London which should cut down on “professional” hosts December 1, 2016 Until recently, the sharing economy has been a bit "Wild West" – but all that could be about to change in London, after one of its major players, Airbnb, announced a crackdown on so-called professional hosts. In a statement today the company said it is introducing automated limits on listings to prevent an entire home [...]
Spotify, one of Europe’s top tech startups, could become profitable as early as next year December 1, 2016 Spotify, one of Europe's most valuable tech startups, could start being profitable as early as next year, a board member who was one of the music streaming service's first investors told Reuters. Despite being the global leader of the music streaming industry, Spotify has reported steep losses since its creation in 2008 by Swedish founders Daniel Ek and Martin [...]
The Pebble brand will disappear altogether once it is bought by Fitbit December 1, 2016 Smartwatch brand Pebble is likely to disappear altogether after its $40m deal with Fitbit goes through, City PM understands. A source close to the company said it had shed all of its workers, including back-office functions such as the communications team – apart from its software team, which will be absorbed by Fitbit once it has [...]
Opening a new passage to India for UK SMEs December 1, 2016 It wasn't so long ago that the future foundations of global trade were going to be built by Brics – that is, Brazil, Russia, India, China and South Africa. These expansive developing countries, with huge populations and emerging economies, looked set to dominate the new century. But it hasn’t happened, and presently won’t. Brazil is in [...]
Feeling peckish? You can now get a Just Eat takeaway delivered by a robot December 1, 2016 The robots are coming. But wait, only to deliver your takeaway. Just Eat has teamed up with Starships Technologies to deliver its first takeaway meal by a robot. It follows five months of "exhaustive testing" in Greenwich, and the pilot programme will see local customers in the area received automated deliveries So fear not if [...]
The company that started the smartwatch craze is in talks over a $40m acquisition by Fitbit December 1, 2016 A strange – and rapidly deleted – tweet by smartwatch maker Pebble has appeared to confirm (or failed to deny, anyway) rumours it is being bought by one of its biggest rivals. Reports by The Information suggested Pebble, the Kickstarter-funded wearables maker which kicked off the smartwatch craze back in 2012 when it raised over $10m (£8m), was [...]
Enclothed online stylist review: get someone with better taste than you to post new clothes to your house December 1, 2016 I’m the kind of shopper who ensures menswear will always remain relatively more expensive than womenswear. I don’t enjoy the experience, and therefore do it as little as possible. Once or twice a year, I realise I have nothing seasonally appropriate that wouldn’t cause embarrassment in our office full of hip young gunslingers, and force [...]
Barclays teams up with Creative England on new tech accelerator December 1, 2016 Barclays is teaming up with non-profit entrepreneurial support group Creative England on a new accelerator. The programme is aimed at companies working to apply the likes of gamification, the Internet of Things, and 3D modelling to other sectors that may not be seen as traditionally digital, like healthcare or tourism. The moves comes amid growing [...]
Thousands of online accounts feared hacked at National Lottery operator Camelot November 30, 2016 National Lottery operator Camelot thinks 26,500 accounts have been hacked. The company said it didn't think its own systems had been compromised, but that players' login details had been pinched from elsewhere. It discovered "suspicious activity" after online security monitoring on Monday. "No money has been deposited or withdrawn from affected player accounts," it said [...]
