Be My Eyes, an award winning app which was launched by Hans Jorgen Wilberg (55), a Danish furniture maker with a simple idea, a blind or visually impaired person needs help with a task, the app makes a live video call to a sighted volunteer, who can tell them if the milk has expired or…
“ I am really sad about Facebook, now I am embarrassed and I am ashamed” a memo written by Roger McNamee to Mark Zukerberg and Sheryl Sandberg. Roger McNamee was an early investor and had advised Zukerberg on crucial decisions including turning down a $1bn acquisition offer, and helped him hire Sandberg as his…
What measures will governments and people take in response to such tectonic economic and cultural shift and how to avoid the prospect of undermining the very foundations of prosperity? The US President’ strongest supporters live in the declining states. The UK’s Brexit backers are mostly from struggling regions, as in rich countries the divide that…
Chinese companies have been acquiring overseas mining assets during 2018, to secure metals and minerals for the energy transition away from fossil fuels. With over £ 7bn worth of deals in 2018, Chinese groups are now increasingly targeting minerals needed for electric car batteries and clean energy technologies. They even bought stakes in copper,…
Microsoft in a statement said “ We can confirm that Bing was inaccessible in China, but service is now restored”. The outage caused concern that the service might have been blocked by the Chinese authorities, in the same way the firewall that blocks Facebook and Twitter. Chinese authorities have also cracked down on Virtual Private…
Patisserie Valerie, the café chain chaired by Luke Johnson, is victim of widespread accounting fraud, has crashes into administration after last- minute talks with banks failed to secure a financial lifeline. The restaurant group said the collapse was a “direct result” of the fraud, which produced accounts showing £28m in cash rather than the £9.8m…
Sir Philip Hampton, GSK chairman is to step down just a month after the UK drug manufacturer announced a break-up that will ditch its established vaccines to toothpaste. Emma Walmsley, GSK CEO unveiled plans late last year to split the company in two, creating a £9.8bn consumer health business through a joint venture with US…
Billionaires clocked their fortunes by a total of nearly £2billin per day last year, as the wealth of the world’s poorest dwindled by 11 per cent according to Oxfam. The world’s 26 richest people now hold the same amount as the poorest half of the global population, down from 43 in 2017. The worth of…
With the arrival of Margaret Thatcher in Downing Street in 1979 a major privatisation drive began not only selling industrial holdings, transport infrastructure, the telephone system but also the land and public buildings erected on it. Land makes a major chunk of national wealth and an estimate by the Office for National Statistics concluded…
Malaysia has started in Hong Kong this week marketing and auctioning the $130m 300 feet yacht Equanimity, which features a helipad, gym, beach club. Sauna and beauty salon once owned by Jho Low, the financier alleged to be the architect of the 1 MDB scandal as part of their efforts to recover money. Lim Guann…