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Spotify Files For IPO

Spotify, the music streaming company, has filed paperwork to list its shares on the New York Stock Exchange. Beginning the regulatory process for a listing means the popular music service could be the first large, well-known market debut of 2018, after a rebound in initial public offering activity last year. By the end of the […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

Tech Companies Racing To Plug Industry-Wide Security Hole Stemming From Common Flaw In Chip Designs

Many of the world’s biggest tech companies are racing to plug an industry-wide security hole that stems from a common flaw in chip designs and could expose almost all computer users to theft of at least some sensitive data.The problem, described as unprecedented by experts, affects one of the most fundamental architectural elements of all […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

Britain Wants In On Trans-Pacific Partnership To Kick-Start Exports After Brexit.

Britain has held informal talks about joining a flagship Pacific trade group, in an audacious bid to kick-start exports after Brexit. The proposal would make the UK the first member of the Trans-Pacific Partnership that does not border the Pacific Ocean or the South China Sea. The UK’s trade relationship with TPP countries pales in […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

Any Temporary Transition Period For UK After The EU Should Not Continue Beyond December 2020 – Barnier

Michel Barnier, the EU’s chief Brexit negotiator, said any temporary transition period for the UK after it leaves the EU should not continue beyond December 2020, as he set out plans for how Brussels will handle the next phase of negotiations. The BBC said the Bank of England would allow European banks to operate as […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

The EU’s Highest Court Has Ruled That Uber Is A Transport Company

The EU’s highest court has ruled that Uber is a transport company, opening the ride-hailing app to tougher regulation in Europe’s 28 member states. The European Court of Justice said Uber was a traditional taxi firm, shifting its legal status from a digital company and giving it less freedom from regulation in the EU’s single […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

Professional Hackers Make Off With 4,700 Bitcoin From Mining Service In Slovenia.

Bitcoin prices on its biggest exchanges continued to diverge wildly. In one 20-minute period on Thursday, the price of the cryptocurrency soared $2,000 per coin to more than $19,000, only to drop to $15,000 on the Coinbase trading venue. The FT argues that bitcoin is a bubble, yes, but not a dangerous one until leverage […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

Britain Reaches Historic Deal On EU Exit Terms

Britain reached a historic deal on its EU exit terms on Friday, enshrining special rights for 4m citizens and paying €40bn-€60bn in a hard-fought Brexit divorce settlement that clears the way for trade talks next year.Theresa May and Jean-Claude Juncker, the European Commission president, met in Brussels to sign off a 15-page “progress report” that […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

Uber Accused Of Operating Sophisticated Unit Dedicated To Stealing Trade Secrets.

Uber has been accused of operating a sophisticated unit dedicated to gathering competitive intelligence and “stealing trade secrets”. The allegations led to a delay in the high-profile trial between the ride-hailing group and Alphabet’s self-driving unit, Waymo. Separately, Uber’s adjusted losses widened to $743m during the third quarter of this year.

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

The Electric Car Reinvented By Dyson?

The maker of high-end vacuum cleaners and fans is turning to electric car manufacturing. UK technology group Dyson is working on a premium electric car to go on sale in 2020, entering the motor industry at a time of intense change and disruption. Meanwhile in India, a different type of electrical vehicle is gaining market […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

UK and Canada React Angrily to US Tariffs on Bombardier

The US Department of Commerce imposed preliminary tariffs of up to 219 per cent after Boeing alleged the Canadian aircraft maker had been able to sell its regional C Series jets at below cost in the US because of subsidies from the UK and Canadian governments. Theresa May, the British prime minister, said her government […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.