INNOVATION \ CHANGE

Latest Features

Sharing UK

1 October 2014 in -e.showcase

UK sharing economyThe UK is nothing if not ambitious when it comes to wanting to make the country a centre for technical innovation. Clearly hoping to lean on London’s Tech City vibe, the business and enterprise ministry now says there’s huge economic potential for the sharing economy and that it wants to see the UK capital competing with San Francisco to be home of tech start-ups. (We did say ambitious.) The way forward, it seems, is an independent review of the beast itself, with a focus on exploring the potential benefits of the sharing economy.

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Uber’s Berlin U-turn

30 September 2014 in -e.social

Uber-sharing economyMuscular sharing economy outfit Uber – dubbed the most ethically challenged company in Silicon Valley by tech luminary Peter Thiel – has backed down in a fight with city regulators in Berlin and will now adapt its Black limousine service. Uber says it will make moves to bring its service in line with a Berlin court decision last week, though it has yet to say what the changes will comprise. However, the company says it will still challenge the ruling which said the UberBlack service did not meet the legal requirement for taxis and so fell between regulations for cabs and rental car offerings.

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Getting board

30 September 2014 in -e.online

instagramWhere do the young, thrusting, entrepreneurial, here’s-my-latest-start-up types end up when they’re successful and no longer so young? If they’re like Kevin Systrom, co-founder and CEO of Instagram, they join Walmart’s board of directors. Why does the retail giant want to someone like Systrom? Because his ‘passion and deep knowledge of social media align with our focus to engage customers through our digital and physical channels,” the company says.

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Net purchases

29 September 2014 in -e.online

tablet ecommerceThe proportion of Brits planning to go online to buy cars, motorcycles or accessories in the next six months has increased more than threefold since 2011, from just 5% to the current 17%. Similarly, the intent to head to the Net to buy computer hardware (now 28%) and software (30%) as well as eBooks (33%) has also tripled, accord to new Nielsen research. Also, UK consumers are much more likely to buy certain products –DVD/game discs and groceries, flowers, CD/records and alcoholic drinks than their fellow Europeans. Only cosmetics are less likely (-14%) to be purchased online by Brits.

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A to Z of Amazon

29 September 2014 in -e.showcase

Amazon Lab126Amazon is pumping resource into its Silicon Valley-based Lab126 unit, focusing on the Internet of Things. The online retail behemoth is investing $55 million in Lab126 – which developed the Kindle – over the next five years and is looking to boost staff numbers to almost 3,800. Amazon tells Reuters Lab126 is moving at a clip, citing kit such as the Fire smartphone, Fire settop box and new tablets and e-readers as examples of output. “We will continue to invent and create new features, services and products, and to support this innovation. Lab 126 is also growing very quickly,” the company says.

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Billionise me

28 September 2014 in -e.showcase

silicon valley financePeople have begun noticing that there’s a tech bubble. It must be the numbers. There’s $168 billion for Alibaba, $19bn for Whatsapp, $10bn for Airbnb and over $6bn for a floundering company like Square. These kinds of valuations generally have no correlation with actual revenues and profits – remember those old-fashioned ways? – but are often pinned on a single inflated metric, plus a stab-in-the-dark future revenue figure, writes Steve Mullins.

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Blowing Chinese bubbles

26 September 2014 in -e.showcase

China tech bubbleTime to stop being concerned about the Silicon Valley-driven tech bubble and to worry about a China bust instead. “If you paid any attention during the past nine months, you perhaps have felt the incredible heat of tech venture deals. Financing rounds are breaking records again and again, valuation and IPOs are becoming red hot”, according to David Zhang, co-founder of Matrix Partners China, quoted on Forbes from a report he sent to CEOs.

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DHL outdrones Amazon

26 September 2014 in -e.showcase

DHL-droneGermany-based DHL has beaten Amazon to the punch on drone delivery with the launch of a commercial service. It’s pretty limited in that the only community serviced is one of 2,000 people living on the North Sea island of Juist who will get a small-parcel offering. The flight route to the island is some 12 kilometers and the DHL parcelcopter will be monitored throughout during its 50-metre-altitude flight by a mobile ground station.

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Latest News

Sky goes native

1 October 2014 in -e.showcase

UK pay TV outfit BSkyB is pumping $5 million into US-based advertising tech outfit Sharethrough in a finance round which has netted a total of $10 million.

Tweets go filmic

30 September 2014 in -e.social

Twitter is developing its Movie Conversation targeted advertising programme which would enable film studios to promote directly to Twitter users.

What’s with my data?

29 September 2014 in -e.showcase

Over one-third of consumers say they are not being provided with clear information from retailers on how their personal data will be used, according to a global survey from Capgemini

Google’s Loon moonshot

26 September 2014 in -e.showcase

Google is aiming to launch its high-altitude Loon balloons to enable wireless Internet services to mobile phones as early as next year.

Can’t get no…

25 September 2014 in -e.showcase

The likes of laptops, tablets and smartphones have been gnawing away at desktop PC sales, but sliding user satisfaction and slower demand for tablets suggest maker brands aren’t meeting consumer expectations,

Taking the music pulse

24 September 2014 in -e.social

Universal Music Group has begun using NetBase Live Pulse dashboards to monitor real-time social media performances of over 30 country singers.

Golden finance

24 September 2014 in -e.social

Chinese search giant Baidu has launched a film crowdfunding venture, Baifa Youxi, together with Taiwan-based Central Picture Corporation.

The three disrupters

23 September 2014 in -e.showcase

3D printing, the Internet of Things (IoT), and biotech/healthcare IT will be the leading disruptive technologies over the next three years.

Gimme wearables

23 September 2014 in -e.showcase

Almost two-thirds of online adults say they’ve used already used a wearable technology, or are keen to do so, according to GlobalWebIndex.