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News

In the news: The Rise of Revolut

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UK’s digital banking unicorn Revolut has been making headlines since raising its first funding. For a company that is just four years old, the success of the digital challenger bank is astonishing. To date the company has raised $344 million, with a $1.7 billion post-money valuation. Co-founded by CEO Nikolay Storonsky, the company operates in 28 European countries and handles $4 billion in monthly payment transactions. Read More

Innovators in Gaming: Peter Molyneux

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Peter Molyneux is a legendary British game designer and programmer, who became one of the most prolific and well-known game designer on the planet during the 1990s and 2000s. Known for his creativity in devising and building new game genres, some of his games are amongst the most influential and beloved in the history of the industry. Read More

Candidate Moves of 2018

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Internet

Uber has poached former Amazon director Jamie Heywood and made him Regional General Manager for Northern and Eastern Europe. Heywood will be responsible for Uber’s operations in 70 cities. He worked for 15 years in telecommunications, including stints at Virgin Mobile and Orange, before joining Amazon in 2014.

ASOS has appointed former Britvic CFO Mathew Dunn for the role of Chief Financial Officer. Read More

Technology Industry News: November 2018

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Freeletics raised $45 million for its AI-powered mobile fitness coach

Freeletics is a fitness application headquartered in Munich, Germany, that operates its mobile fitness coaching app on a model with pricing beginning at $11.99 for one month. The app offers fitness connect and AI-powered training plans tailored to individual users.

It has announced its first round of private capital after raising $45 million in Series A from FitLab, Causeway Media Partners, JAZZ Venture Partners and others.

Freeletics now has 31 million users in over 160 countries and will use its first bit of VC backing to grow its American user base.

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Technology Industry News: 29th October – 2nd November 2018

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Apple introduces a new MacBook Air and iPad Pro

The new iPad Pro device will no longer have a home button, making room for a bigger display. Apple has also dropped the Lightning port and moved to the USB-C. The new iPad Pro device comes in two sizes, and is now unlocked with Face ID.

The new MacBook Air is getting a Retina display. It has a 13.3” screen, with a slimmer bezel. It has a TouchID fingerprint sensor near the upper-right corner of the keyboard. Apple says the bodies of the new MacBook Airs are made of 100% recycled aluminium.

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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.