News
Goodlord, a London PropTech startup which seeks to make the property rental process easier, has appointed serial entrepreneur and investor William Reeve as its new CEO.
The news comes after TechCrunch reported last week that co-founder Richard White had stepped down from the role, following a company restructure which reportedly resulted in 40 people losing their jobs.
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what3words, a London, UK-based provider of global addressing system that allows people to find & communicate a location, received an investment from Daimler AG.
With the investment, whose amount not disclosed amount, Daimler acquired a share of around 10% in the company. In addition, Mercedes-Benz will integrate what3words’ three-word address system and make it available to its customers.
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It’s sometimes hard to believe the iPhone was launched a little over 10 years ago, paving the way for a smartphone revolution where it seems we have ported our entire lives onto mobile.
With 10 billion connected devices in the world today – expected to rise to 50 billion by 2020 – this is only going to accelerate. This is likely to change commerce more in the next five years than it has in the last 50.
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For nearly a decade, retailers and trade organizations including the NRF and the Retail Industry Leaders Association, have lobbied Congress to pass legislation to end competitive advantages that the ruling inadvertently extended to e-commerce players.
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eSafe Global Limited, a Salford, UK-based safeguarding software specialist, received a £1.95m investment.
The round was led by Maven Capital Partners. The transaction is being jointly funded by Maven’s Venture Capital Trusts and the Greater Manchester Loan Fund (GMLF), which are investing £1.6m and £350k respectively.
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Chinese retail giant Alibaba has developed an artificial intelligence model that’s managed to outdo human participants in a reading and comprehension test designed by Stanford University. The model scored 82.44, whereas humans recorded a score of 82.304.
The Stanford Question Answering Dataset is a set of 10,000 questions pertaining to some 500 Wikipedia articles. The answer to each question is a particular span of text from the corresponding piece of writing.
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Kodak's shares have more than doubled on the news it plans to launch its own cryptocurrency and establish a Bitcoin mining farm with a view to sharing profits with its customers, as part of a wider strategy for embracing blockchain technology.
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Sales at internet giant Asos, which sells brands from Hollister to Hugo Boss, could rise by 30 per cent this year to top £2.4 billion.
That would see the company, which targets 20-something fashionistas, soar past ailing high street giant Debenhams which sold £2.3 billion of goods last year but last week admitted that a dire Christmas had blown a hole in its annual profits.
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Unknown to the nearly 9m people commuting around London each day, every move they make has already been predicted.
In an ordinary looking Transport for London office – the location of which TfL have asked not be revealed due to the sensitive nature of work taking place there – a powerful computer system models millions of trips around the capital, before they actually happen.
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Apple’s tax struggles in Europe have been well documented in the past, and now an extensive audit has forced the company to pay an additional tax bill. As reported by The Financial Times, Apple is being forced to pay an extra £136 million tax bill in the UK.
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