Technology Industry News 3rd-14th September

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Taxify is now launching e-scooters

Estonian transportation company Taxify is releasing a new brand of e-scooters, called Bolt, in Paris. The company has now rolled the scooter sharing service into its mobile app, that has already attracted 10 million users in 25 countries.

The company also plans to release scooters in several other European and Australian cities where their app is already established.

A Bolt scooter ride will cost 15 cents a minute, with a minimum fare of €1.

Uber’s new look

Uber has now updated its website and app with a brand new logo as part of its planned rebrand coming this month.

This change came two days after Uber appointed ex Coca-Cola Rebecca Messina as its Chief Marketing Officer.

Apple releases new products

On September 12th, 2018, Apple released four new products: iPhone XS, iPhone XS Max, iPhone XR and Apple Watch Series 4.

What is the difference between the three iPhones? To put it in basic terms, XS in the normal one, XS Max in the big one, and XR is the cheap one. For the first time ever, Apple has released three different models, three different sizes and nine different colours.

The updated Apple watch has 30% larger screen than the Series 3 watch. The new sensor of electrocardiogram makes it possible to detect hear rhythm and its rate.

Deliveroo’s launch in Taiwan

Deliveroo will enter Taiwan, following its Asian expansion strategy. It will start with Taipei, before heading to other cities. This will be Deliveroo’s fourth market in the Asia-Pacific region, after Australia, Hong Kong and Singapore.

In a press statement, the CEO Will Shu said “Our launch in Taiwan is also a personal milestone for me, my parents were born in Taiwan and much of my family still lives in Taipei.”

Once Deliveroo launches in Taiwan, it will operate in a total of 13 markets around the world. The company has now raised about $480 million in Series F funding at a valuation of more than $2 billion.


In the news: Outplay Entertainment hires VP Marketing from King

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Luis De La Camara has joined leading mobile game developer Outplay Entertainment as VP Marketing, where he was placed by executive search firm Neon River.

With his deep experience of working within the mobile games sector, and having played a key role in helping to build the success of mobile smash hit Candy Crush Saga whilst at King, Luis will bring an exciting range of skills to Outplay.

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Technology Industry News: 27th-31st August

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New technology product release- a touch tablet that rolls and scrolls

Research scientists have built a prototype touchscreen device which is neither a smartphone nor a tablet, but a combination of both. The product is inspired by ancient papyrus/paper scrolls, and the screen takes a rolled-up, cylindrical form.

The scientists believe that scroll form factor of the product offers a comfortable option for making phone calls too, as the rolled-up scroll can cover your face comfortably.

The advantage of this technology is that it is lightweight as well as being easy to hold with one hand, in contrast to traditional tablet devices, such as iPad. And when its rolled up, it can also fit easily in your pocket.

Apple’s next big event is September 12th

After months of speculation and uncertainty, Apple has just announced that the next event will be held on September 12th, at the company’s headquarters in Cupertino. Although Apple presented some new iPads in Chicago in Match and updated the MacBook Pro line more recently, they haven’t released any hints on future releases. However, the rumours suggest that Apple is going to release three new iPhones, including an upgraded version of the iPhone X, and possibly a new Apple Watch and iPad Pro will be released too.

New food delivery start-up – Foodsby

Foodsby, a VC backed company, has just raised a $13.5 million Series B led by Piper Jaffray Merchant Banking, with participation by Greycroft Partners, Corazon Capital and Rally Ventures. With the new capital, Foodsby plans to expand from 15 to 25 new markets. It has now totally raised $21 million in total.

The company was founded in 2012 and connects employees in office buildings in 15 cities with local restaurants. And this is how it works: a worker uses Foodsby to pre-order a meal from a restaurant in its network, then Foodsby collects all the orders it received, sends them to the restaurants, and the restaurants then make all the deliveries at once.

Their competitive advantage is that they work only with businesses and have the restaurants make the deliveries rather than having its own delivery agents, and therefore the overall cost of running the operation is lower. Deliveries cost $1.99 per person.

Toyota plans to invest $500 million in Uber for self-driving cars

Toyota Motors will invest $500 million in Uber to work together on developing self-driving cars, and joining the highly competitive autonomous driving business. Uber will combine its autonomous driving system with Toyota’s Guardian technology, which offers automated safety features like lane-keeping.

Toyota has invested in research and plans to begin testing self-driving electric cars around 2020.

Google and Xiaomi are planning to invest in ‘Where Is My Train’ app

Where Is My Train is an app that tell you where your train is in real-time, even when you are offline. The app has already been downloaded around 10 million times, which is likely one of the highest figures for apps in this sector. The app is available in 7 regional languages.

Google plans to acquire ‘Where Is My Train’ app for around $30-$40m, while Xiaomi also plans to make a strategic investment in the business.




Technology Industry News: 20-24th August

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Revolut Introduces A Metal Card

On August 22nd 2018, Fintech startup Revolut has launched a new premium card, which gives you a metal card and more benefits compared to Revolut Premium. Now you can claim cash back on spending’s in the fiat currencies: EUR, USD, BTC or ETH, and some cryptocurrencies. You can also get a higher ATM limit and withdraw up to €600/£600 without any fee, whilst premium users can only withdraw up to €400/£400. There is also a concierge service to book hotels, flights or restaurants if you’re a Metal subscriber. Revolut Metal costs €13.99 per month or €135 per year (£12.99 per month or £120 per year).

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Technology Industry Moves: Summer 2018

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Technology Industry Moves Summer 2018

PE backed train ticket provider The Trainline has appointed James Moore as General Manager UK. James is the former GM for Amazon Tickets and Senior Director Global Marketing for eBay.

Oath, the digital content business that owns AOL and Yahoo’s content businesses, has appointed Anna Watkins as Managing Director UK. Anna is the former CEO of Mofilm and the former Managing Director of Guardian Labs.

Online property investment platform Property Partner has appointed Marshall King as CEO. Marshall was the former CEO Europe for TPG-backed Searchflow.

Leading online fashion business Yoox has appointed Giueseppe Tamola as Global Brand and Marketing Director. Giuseppe is the former country manager for Spain, Italy and Poland with Zalando.

VC backed online property marketplace Uniplaces has appointed Cyril Jessua as CEO. Cyril is the former MD France for Groupon and CEO of OPnGO.

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Jolanta Senkova joins Neon River as a Consultant

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Jolanta is a Consultant at Neon River who specialises in working with CEOs, executives and entrepreneurs to help them build world class management teams. Jolanta has particular experience of working with high growth technology and services companies across Europe and is an expert in identifying and qualifying talent for entrepreneurial technology companies.

Jolanta holds a BA in International Relations from King’s College London and a MA in Political Analysis of Russia and Eastern Europe from University College London.

Peter Franks, Founder and Partner at Neon River commented, “We are delighted to have Jolanta working with us, her intelligence, communication skills and international experience will be invaluable in helping us to grow and deliver for our clients.”