NEWS - INNOVATION & TECHNOLOGY
The International Consumer Electronics Show 2015 (CES 2015) held a dazzling array of wearable tech which is set to be the trend of 2015.
It seems wearable technology is set to be the big trend of 2015, as companies displayed a vast variety of every imaginable wearable gadget to command the centre-stage at the International Consumer Electronics Show (CES)this year.
While the CES is not always the most reliable guide, it does reveal what industry leaders believe the next desirable gadget is for consumers. Indeed, this coming year we can expect wearables designed for everything, from calorie counters to meditation aids, and for them to start coming in forms other than watches and glasses.Read more >>
Driverless cars to be trialled in London, Bristol, Coventry & Milton Keynes.
In the recent Autumn Statement, autonomous and driverless cars were given the green light for trials.
South-east London’s Greenwich and Bristol will each host its own project, while Coventry and Milton Keynes will share a third.
The public body Innovate UK has announced that the trials will last between 18 and 36 months, beginning in January 2015.Read more >>
Space Ape hailed as London’s answer to Rovio, creator of Angry Birds.
Space Ape Games, a London-based mobile games studio has received £4.5 million of investment from investors in a third round of funding.
Following global success of their combat adventure game, Samurai Siege, the studio received further funding from investors that have previously backed successes such as Spotify and Facebook. The latest round of funding was led by Northzone but also included existing investors like Accel Partners, Initial Capital and Connect Ventures.Read more >>
Snapchat has unveiled a new payments system, Snapcash, through which users can send money to friends.
With Apple Pay now on the scene and Amazon working hard on its Wallet offering, the mobile payment scene is becoming more crowded and complex. Even Twitter has recently been working on a system by which friends can tweet to each other.Read more >>
Hong Kong is making moves to become Asia’s biggest technology centre.
It’s well known that London is one of the world’s major technology hubs, but promising startups are emerging worldwide. In Asia, there are plenty of high-potential companies seeking to make a name for themselves on the tech scene – and increasingly, they’re being attracted to Hong Kong.
With its highly developed economy and established infrastructure, Hong Kong is a natural candidate to become home to growing tech firms. Like London, it’s also a major financial centre which will attract investment, and its reputation as a business hub means that tech firms are potentially in close proximity to some of their potential major customers and suppliers.
Investment has been slow to move into Hong Kong’s startups scene, but the situation is beginning to change.Read more >>
Construction in London is on the rise in response to the capital’s tech sector growth.
London’s booming technology scene has given the city’s economy a major boost, as it positions the capital as a national and European centre for innovation. But it’s also having knock-on effects for other industries – and a new report illustrates that it’s even stimulating the construction sector.Read more >>
New PMI data shows that manufacturing in the UK is outstripping the eurozone, even though it remains a key export market.
It’s no secret that the eurozone hasn’t yet managed to pull itself out of an economic lull. As the single biggest export market for the UK, Europe’s fortunes have been a cause for concern to commentators worries that slack demand would hold back UK manufacturing firms in particular. However, new data reveals that even though the eurozone is a key component of UK companies’ export strategy, British manufacturers are still performing strongly.Read more >>
Venture capital is proving to be a great source of funding for mobile web startups, new data shows.
With mobile penetration growing worldwide, it’s hardly surprising that there’s a bustling startup scene with young companies making the most of the opportunities offered by mobile internet. The rest of the world is also catching onto these firms’ potential, and investment is flooding into the sector.Read more >>
Amazon’s impressive growth is continuing with new jobs being created in its UK distribution centres.
Amazon has invested more than £1 billion so far in making its operations in the UK a success. Both here and worldwide, it’s become such a significant part of the retail landscape that it’s hard to imagine shopping without it – and with Christmas looming on the horizon, it’s guaranteed to see a huge spike in demand.
However, Amazon is also planning for longer term growth in the coming months.Read more >>
New figures show that London’s tech firms are bringing unprecedented levels of venture capital.
London has always been the UK’s investment hub, attracting the eyes of businesses and individuals from around the world who want a slice of the city’s promising high-growth industries.
Finance continues to be one of the capital’s strengths, but one of the newer sectors to attract that level of interest is technology. Recent figures show just how important tech is to London’s present and future.Read more >>
Mark Zuckerberg, worth $34 billion, has become richer than the founders of fellow tech giants Amazon and Google.
Everyone who’s ever found themselves poring over their Facebook timeline will understand why the social network is such a huge business. But it’s interesting to wonder whether, in the early days of the company, Mark Zuckerberg and his friends realised just how quickly it would take off.
Now, virtually everyone and their grandmother has a Facebook profile and the value of the company is through the roof. So massive has the social network become that co-founder, chairman and chief executive Mr Zuckerberg is one of the richest tech executives in Silicon Valley. In fact, he’s now richer than Amazon founder Jeff Bezos and Larry Page and Sergey Brin, who co-founded Google.
The figures come from the Forbes 400, the magazine’s rankings of the 400 richest people in the US.Read more >>
Microsoft has launched the newest version of Windows – and claims it is so advanced they skipped 9 and went straight to 10.
Even though Windows is probably the most commonly used operating system (OS) in the world, and certainly within businesses, Microsoft is keen to prove that it isn’t resting on its laurels.Read more >>
Two new phones, a payment system and wearable tech: Apple pulled out all the stops on 9 September.
Brand fans and tech lovers have never stopped looking forward to Apple product announcements. But the past few years have seen the tech giant accused of losing some of its innovative streak, especially since the death of co-founder and chief executive Steve Jobs in 2011. Yesterday’s new announcements, live-streamed online, were not necessarily aimed at the critics, but went a long way towards trying to prove them wrong.
Two new iPhones, a payments service and a smartwatch later, everyone’s talking about the new ideas at Apple. So what’s involved and where could it lead?Read more >>
Barclays has launched a pioneering service that may transform the way people access banking and usher in a new age of state-of-the-art security.
Currently, the usual practice involves users having to type in a number of passwords and numbers, which can be a somewhat laborious process.Read more >>
Amazon isn’t the only firm investigating the use of drones for package delivery, since it has emerged that Google is following suit.
Amazon raised eyebrows when it emerged in November that the e-commerce giant was trialling a system that used drones to deliver packages. Not to be outdone, Google is testing a new system of its own.
Project Wing has been in the works for two years, and is being tested by Google’s X division in the Darling Downs in Queensland, Australia. Earlier this month, the remote location became the testing ground for the first trials that included personnel from outside Google, and it seems that tough terrain might be one of its core focuses.Read more >>
Apple’s latest smartphone – iPhone 6 – looks set to revolutionise mobile payments by transforming the device into a portable wallet.
Apple has been playing up to the hype surrounding the supposedly imminent launch of its new sixth generation iPhone by saying very little on the matter. The only thing the tech giant has contributed by way of comment is the following succinct message: “9.9. 2014 – Wish we could say more.”
An event has been booked on this day. It is to take place at the Flint Center for the Performing Arts in Cupertino, California, the very establishment where Steve Jobs introduced the Mac computer 30 years ago. It is reasonable to deduce this is where the latest iPhone will be officially unveiled to the world.
There is a lot riding on this device and needless to say, given the success of all the previous models and the way in which they have constantly set the bar in the field of smartphones and portable devices higher and higher, Apple cannot fail in delivering another landmark product.Read more >>
Snapchat has virtually no revenue – so how has a recent round of funding valued the company as high as $10 billion?
Snapchat has had a remarkable journey over its short lifespan. Just two years after the company was founded, chief executive Evan Spiegel turned down a $3 billion acquisition offer from Facebook – all at the tender age of 23. It seems like he might have been right to do so, since it appears the social messaging app firm is now worth nearly $10 billion.
That’s the valuation accepted by venture capital firm Kleiner Perkins Caufield and Byers, anyway. The Wall Street Journal (WSJ) is reporting that the company has agreed to invest in Snapchat as part of the social messaging service’s ongoing bid to gain investment from external sources.Read more >>
Twitter is expanding its revenue streams by offering its advertising service in 12 new markets across Europe.
Twitter’s failure to turn profit is now well-publicised, but the company has so far failed to turn things around. The social media giant has now opened new revenue streams by expanding its Twitter Ads service to 12 new markets across Europe.
Austria, Bosnia and Herzegovina, Bulgaria, Czech Republic, Macedonia, Croatia, Serbia, Slovenia, Romania, Switzerland, Portugal and Ukraine will all get access to the advertising service this year, being able to buy them from local direct sales teams for the first time. It takes the total number of markets where this is available to 35 in the Europe, Middle East and Africa region (EMEA) alone.Read more >>
Ten years ago saw Google venture into new territory, launching as it did on New York’s Nasdaq.
Google was always confident about its prospects – it still is – but nevertheless, with such major financial transitions, you can never be quite sure how things will unfold.
The first day of trading quickly put to bed another apprehension. At the end, its shares had jumped up by a massive 18 per cent, valuing the now public company at $27.2 billion (approximately £16.3 billion).Read more >>
Shares in Apple closed at their highest-ever level this week on 19 August, reaching $100.53.
The tech giant enjoyed a 1.4 per cent increase over the course of the day providing it with its best day on Wall Street since 13 September, 2012.
Early-morning trading in New York saw Apple pass through the $100 mark and it continued throughout the day, surpassing the previous record high of $100.27 before the closing bell.Read more >>
BlackBerry has announced a new business unit that will hold its key technology assets.
BlackBerry has appeared to have lost in the smartphone market when compared to market competitors such as Apple and Samsung. As for tablets, the PlayBook failed to attract the loyal customer base of Apple and Android rivals. The company has been lagging behind in many respects for a while – so the news that it is combining its technology into a single business asset marks an intriguing change of direction.Read more >>
EBay’s Braintree could accept Bitcoin, after the firm was revealed to be in talks with enabling companies.
Bitcoin has been growing as a force to be reckoned with in the global economy. Just recently, UK chancellor George Osborne announced that the Treasury would be “exploring” the role the digital currency plays in the UK and whether it should be regulated. Some stores are already accepting Bitcoin as a means of payment – and soon, they could be joined by EBay’s Braintree service.Read more >>
Amazon has waded into the mobile payment market with the launch of its new Local Register system.
Payment technology is developing quickly and as smartphone and tablet penetration grows worldwide, it seems inevitable that mobile payments will be the next great frontier after the rise of credit and debit cards.
That’s why so many companies have tried to break into the market – and now Amazon has waded in.Read more >>
Buzzfeed is planning fresh expansion on the back of huge new investment.
From pictures of kittens making friends with ducks to serious coverage of global news, Buzzfeed has become a one-stop shop for a massive base of visitors since it launched. Part of its appeal is that everything from news to the most exciting viral content is found in the same place, making lunchtime reading and procrastination easier for everyone. It’s seeking to grow even further now, after it announced it had attracted a $50 million investment that will support its plans to expand.Read more >>
Government officials say that one million homes and businesses have now benefited from the rollout of superfast broadband.
The UK government has announced that its rollout of superfast broadband across the UK has now benefited a total of a million businesses and homes.Read more >>