Former business minister calls for BT Openreach split August 11, 2016 BT is not doing enough to give customers access to high speed internet and should be split up, according to the former business minister Anna Soubry who has called for "radical action" to deliver super fast broadband across Britain. The telecoms firm last week dodged a bullet when the regulator, which pushed further reforms of Openreach [...]
A Leonardo DiCaprio-backed startup is bringing mattress innovation to the UK August 11, 2016 Prepare for your sleep to be disrupted – but in a good way. A US startup with celebrity backing has launched in the UK and is hoping to shake up how Brits buy mattresses and the way we sleep. Casper, a two-year-old startup with multi-million dollar investment from Leonardo DiCaprio as well as venture capital [...]
Paysafe looks to pocket profits by bolstering its digital wallet business August 10, 2016 Payment solutions company Paysafe has revealed it hopes to rake in the cash from its digital wallet business, including launching a new mobile-enabled wallet in September. Joel Leonoff, Paysafe president and chief executive, described the product in the pipeline as being focused on generic goods, including pharmaceutical products, groceries and alcohol. "What we're building and what we're [...]
No Man’s Sky review: Can this indie space explorer live up to its own galaxy-sized hype? August 10, 2016 No Man's Sky gives real thought to what it would be like to be marooned on an alien planet. What would it look like? How would it feel? British indie developer Hello Games has created an algorithm-based universe containing a mind-boggling number of planets to explore, far more than will ever be seen by human [...]
These are the 20 richest billionaires in tech August 10, 2016 The world's wealthiest tech billionaires have added another $50bn to their wealth over the past year, while titans Jeff Bezos, Mark Zuckerberg and Jack Ma climbed the ranks. Bill Gates retained his long-standing title as the world's richest tech billionaire, the latest rich list compiled by Forbes reveals, despite a $1.6bn decline in his wealth since 2015. Read more: Meet [...]
Investors give Yelp a good rating as online review firm beats expectations August 9, 2016 Online review company Yelp’s share price leapt in after-hours trading on Tuesday after it beat analyst expectations in the second quarter of 2016. The figures The US company reported net revenue of $173.4m (£133m) in the three months to 30 June, up 30 per cent. Wall Street had expected a turnover of $169.8m. Some $151.9m of this came [...]
Rare Pokemon mean prizes in Canary Wharf August 9, 2016 Office managers in Canary Wharf can blame the Canary Wharf Group if some staff members have been spending even more time playing Pokemon Go this week. The group that oversees development of the Wharf is tempting workers to ditch their duties by offering rewards for those who hunt down and share tweets of rare Pokemon [...]
The Apple Watch 2 might be coming this year August 9, 2016 An updated version of Apple's first ever wearable and its newest device, the Apple Watch, could be coming as soon as this year, one analyst predicts. The Apple Watch 2 is expected to hit wrists by the end of the year, said Ming-Chi Kuo, an analysts at KGI and known as one of the most well informed [...]
Lending Club second quarter earnings reveal further financial hurt August 9, 2016 Being the first company to tap into a new market often is hugely advantageous. For Lending Club this has been anything but the case as second quarter results released overnight indicate. The peer-to-peer lender widened its losses from $4m (£3m) to $81m, its loss per share was nine cents – worse than analysts expected – and Carrie Dolan, [...]
Facebook will stop users blocking adverts August 9, 2016 Facebook is the latest media company to fight the rise of ad blockers, by serving ads to those who use the software. It will force ads to appear on the desktop version of the social network even if they use the popular software, said Facebook executive Andrew Bosworth. It will also give users greater control over [...]
