Stop skipping after-work drinks: Scientists say getting along with your colleagues is good for your health October 7, 2016 Time to stop skipping that post-work pub trip on “health” grounds: a huge new study has shown getting along with colleagues makes us feel better and prevents burnout. Psychologists found workers strongly identifying with their workmates had a positive impact on mental health and performance. The study found the same health benefit when employees strongly [...]
Twitter shares are down 20 per cent in pre-market trading October 7, 2016 Twitter's share price has dropped by 20 per cent in pre-market trading. The social network's stock has been all over the place this week – first soaring on rumours of takeover interest from an array of companies including Google and Disney. However, as takeover talk cooled, the share price nosedived, tumbling by 16 per cent [...]
First sterling, now this: Twitter is down for some users October 7, 2016 First, an algorithm sent the pound into a tailspin, now Twitter has gone down. Anyone would have thought the machines have something against us… Downdetector, the site which displays technical issues on websites, suggested "problems at Twitter", while the site was having problems loading. It wasn't just its technical side having problems, though – Twitter's share price was [...]
Snapchat is marching towards a $25bn March IPO October 6, 2016 Photo-messaging app Snapchat is reportedly working towards an initial public offering (IPO) as early as late March which would value the firm at (£19.8bn) $25bn or more. The figure would be significantly higher than Snapchat's most recent valuation of $17.81bn, which was based on a $1.81bn financing round in May, the WSJ reported. It would also mark the biggest [...]
Bean counters are weighing digital’s contribution to the UK economy October 6, 2016 Bean counters are weighing up how they could count the contribution of smartphones and the digital content we consume on them – from watching Netflix to reading a newspaper online – to the British economy. Traditional economic measures have failed to keep up with the rise of digital and the online economy created by technology, and experts believe their [...]
Tech entrepreneurs are flocking back to Europe: We want to do it our own way, in our own place October 6, 2016 From Dropbox to Spotify to Deliveroo, it is undeniable that Europe now truly has startup success stories to contend with Silicon Valley. This trend has been bolstered by a wave of European tech entrepreneurs moving back home from the US, bringing with them the knowledge and the culture we so desperately need to foster our [...]
It looks like Twitter takeover talks are cooling October 6, 2016 Twitter shares have tumbled after reports of several of the biggest firms' interest in snapping up the stalled social network have cooled. Twitter shares rocketed yesterday after reports bids will be submitted as soon as this week, but the stock tumbled as much as 16 per cent in morning trading in New York following fresh reports two major [...]
The value of the connected car market is about to sky rocket October 6, 2016 The likelihood of driving or travelling in a car that's connected to the internet in some way will be higher than ever in the coming years, with the industry pegged to be worth billions. The value of the market for connected cars is set to sky rocket, hitting £120bn by 2022, new research predicts. PwC anticipates it will grow [...]
Misys: London’s biggest IPO of the year is on October 6, 2016 Tech company Misys will return to the markets with an IPO in early November, the firm said today, in what is expected to be one of the biggest floats of the year in London. The software company will list on the London Stock Exchange main market after a four year hiatus. Now Vista Equity Partners, which took the company [...]
London’s tech firms are still dragging their feet on diversity October 6, 2016 London’s tech firms have work to do on improve diversity within their companies, but nearly half (46 per cent) don’t feel a diverse workforce improves a company’s growth. Of the 40,000 London tech companies, nearly 1,000 have entirely male staff, according to a new report from Tech London Advocates, a network of over 3,600 tech experts in [...]