Uber and Google rivalry heating up as both target driverless cars February 3, 2015 Controversial ride-hire app Uber is planning to research self-driving cars by partnering with a leading US university, a move that could put it in competition with its shareholder Google. Google has been exploring driverless cars since 2010 and now has a fully functioning prototype that it plans to begin testing on San Francisco roads this [...]
Google’s results: Here’s what you need to know January 29, 2015 Google has reported its results for the fourth quarter and its worse than expected. Earnings per share were 20 cents below analysts' estimates at $6.88 while revenue came in $100m short at $14.5bn. On the upside profits were $4.76bn – 30 per cent up from the same period the year before. Analysts' forecast compiled by [...]
OnTheMarket will need to win the Google battle before it can really challenge Zoopla and Rightmove January 28, 2015 OnTheMarket.com, the new property website from the Agents’ Mutual group of estate agents, launched with much fanfare this week with an apparent threat to the “duopoly” enjoyed by Rightmove and Zoopla. Zoopla, as the less well-visited of the two property portal giants, seemed in particular danger as one of the requirements of OnTheMarket.com meant [...]
Video: Google’s Eric Schmidt, Facebook’s Sheryl Sandberg and Microsoft’s Satya Nadella at Davos 2015 January 22, 2015 On day two of this year's biggest gathering of world leaders, the focus moved to tech. During one session Google chairman Eric Schmidt joined Facebook chief operating officer Sheryl Sandberg and Microsoft chief executive Satya Nadella to discuss the future of the digital economy, and whether we have what is needed to ensure a thriving, open [...]
SpaceX lands $1bn investment from Google and Fidelity January 20, 2015 SpaceX, the California-based rocket company, said it received a $1bn investment from Google and Fidelity. Google and Fidelity will together own just under 10 per cent of the company, which gives SpaceX a total valuation of $10bn. SpaceX, which is based by Tesla founder Elon Musk, said it will use the funding for innovation in [...]
Global internet users mapped: Google mulls SpaceX investment to bring developing world online January 20, 2015 Google is considering an investment in Elon Musk’s company SpaceX, as part of a plan to deliver internet by satellite to the developing world and other areas that lack coverage. The deal has not been finalised, but would value SpaceX at around the $10bn (£6.6bn) mark, and would be a significant boost to the aim [...]
Google Glass: Four cool things the explorer programme did (other than create the Glasshole) January 16, 2015 Google Glass' "explorers" did more than just invent the Glasshole. Early adopters testing out Google’s smart glasses may have been given that less-than-kind label, but many of those involved in the programme were actually working on some pretty cool things. Will these beta ideas ever become mainstream? According to reports, Glass in its current form [...]
Google stops selling Glass – but it’s “not dead” January 15, 2015 Google has decided to give up its Google Glass programme, and will stop producing the Glass "in its present form", it has been reported. The company has apparently decided to end its experimental Glass programme, but "is still committed to launching [it] as a consumer product", according to the BBC. After months of testing, Google [...]
Google rents more office space at 6 Pancras Square in King’s Cross after campus delay January 12, 2015 Google has signed a deal to let more space in a building at King’s Cross after deciding to redraw plans for new £650m headquarters at the central London site. The search engine giant has agreed to lease all of 6 Pancras Square, after originally signing up for just under half of the space in [...]
Silicon Valley was right to invest in DNA: Facebook and Google-backed personal genetics business strikes $10m deal with Genentech January 7, 2015 Facebook and Google will be pleased about their decision to invest in personal genetics business 23andMe. The firm, which sells DNA testing kits to individual customers for $99 (£65) each, has secured a major deal with Genentech – a subsidiary of Roche. According to Forbes, 23andMe is receiving an upfront payment from Genentech [...]