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Financial Times:
Sources: Uber is considering taking minority stake investments to help finance its costly self-driving car unit amid pressure from investors ahead of its IPO   —  Uber is considering taking minority stake investments to help finance its costly self-driving car unit amid pressure from investors ahead …
Oct 17, 2018, 8:40 AMIn context
Hannah Murphy / Financial Times:
UK cryptocurrency exchange Coinfloor becomes the first company to gain a license to operate under Gibraltar's new blockchain-specific legislation   —  UK cryptocurrency exchange Coinfloor has become the first company to gain a licence to operate under Gibraltar's new blockchain-specific legislation, flagship rules in Europe.
Oct 16, 2018, 6:40 PMIn context
Financial Times:
President of Sony confirms that the company is working on a successor to the PlayStation 4, but declined to formally name it the “PlayStation 5”   —  The president of Sony has confirmed that the company is working on a successor to the PlayStation 4, as speculation intensifies …
Oct 9, 2018, 8:20 AMIn context
Financial Times:
Alibaba and JD.com earning money from prescription drugs via loophole allowing sellers to have them paid on delivery, classifying the transactions as “offline”   —  Tens of thousands of prescription drugs are freely available on the websites of two of China's largest ecommerce companies …
Oct 5, 2018, 7:35 AMIn context
Laura Noonan / Financial Times:
More than 75 of the world's biggest banks join the JPMorgan, RBC, and ANZ alliance, which is testing blockchain tech for faster payments among its members   —  More than 75 of the world's biggest banks are turning to blockchain to fight the threat of new payments rivals in what will be the …
Sep 26, 2018, 6:20 AMIn context
Tim Bradshaw / Financial Times:
Bird is looking to hire staff to oversee its scooter fleet in almost a dozen cities across Asia and Latin America, including Hong Kong, Mumbai, and Mexico City   —  Scooter rental start-up Bird is preparing to embark on a massive new phase of expansion across Asia and Latin America …
Sep 24, 2018, 6:10 AMIn context
Philip Stafford / Financial Times:
Nasdaq to buy Cinnober, a Sweden-based exchange and real-time clearing technology provider, for ~$190M   —  Nasdaq, the US exchange, has made a $190m bid to buy Cinnober, a Swedish trading technology group, to deepen its push into technology and analytics.  —  In a statement on Friday Nasdaq …
Sep 14, 2018, 12:50 PMIn context
Tim Bradshaw / Financial Times:
Sonos reports Q3 revenues of $208.4M, down 6.6% YoY, and a net loss of $27M, a change of 86% YoY, in its first report since its IPO; stock down 19%+   —  Sonos was deprived of a stock-price boost from its maiden earnings on Monday, as investors' enthusiasm earlier in the day fizzled after its figures were revealed.
Sep 10, 2018, 7:35 PMIn context
Barney Thompson / Financial Times:
Europe's top judges to hear ‘right to be forgotten’ cases   —  Europe's top judges are being asked to decide the limits of the “right to be forgotten” — a person's ability to demand that internet search engines hide incorrect, out-of-date or potentially embarrassing information about them.
Sep 10, 2018, 3:23 PMIn context
Aubrey Hruby / Financial Times:
As internet penetration in Africa grows, US and Chinese tech giants are gearing up to fight for marketshare on the continent   —  The Trump administration has made a perceived global rivalry with China the centre of US foreign policy.  This competitive stance has coloured the view …
Sep 9, 2018, 3:35 PMIn context

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