UK-based innovation programme IC tomorrow has launched its Connected Cities Innovation Contest, offering six digital start-ups and SMEs the opportunity to share a £210,000 fund and trial their ideas with the likes of EDF Energy, Intel, Siemens, Kimberly Clark, Amey and Ordnance Survey. Entrants need to come up with innovative ideas to solve urban challenges in the areas of connected buildings, connected communities, connected environment and connected services, and successful applicants will be expected to trial their proposed solutions with industry partners for three months.
Big Football needs Big Data, and Bundesliga champions Bayern Munich has cut a deal with SAP making it the club’s three-year official partner for sport analytics and enterprise software. The idea is that data will go a long way to help expand Bayern’s global presence, improve the team’s athletic performance and enhance the experience for fans around the world (there are an estimated 292 million of them). The German club already uses SAP software for data analysis and for ticketing but it will also be extended to the pitch with a view to, for example, minimising injury risks. SAP also believes it can help improve player performance.
There are plans afloat on crowdfunding platform GoFundMe to grab a disused sea fort in the Thames Estuary and turn it into a music club. The Grain Tower Battery - now called No 1, The Thames – is up for sale at £500,000. Built in 1855 as part of British coastal defences, the fort could now become a Berghain or Trouw at sea if Minival has its way. “What we want to do is buy this property, invest in it, and create a safe haven where the party will never stop,” says the electronic music outfit.
Revenues from the leading sharing economy sectors – peer finance, online staffing, peer accommodation, car sharing and music/video streaming – is set to spike dramatically according to PwC. While these sharing activities currently generate $15 billion a year globally, they’re set to hit a huge $335 billion in 2025.
Times are tough for sharing economy outfits in Spain. In an attack on the legal front, police in Barcelona are fining drivers who are using the Uber private taxi app to run cab businesses which undercut licensed operators – the regional Catalan government is looking to fine Uber drivers as much as €6,000 for leveraging the app. Taxi drivers across the country are participating in 24-hour strikes in a bid to put pressure on lawmakers to do something about what they perceive as unfair competition from sharing-economy services.
Puma is taking a 5% stake in Borussia Dortmund as the German football club announces a capital increase. The brand, already a sponsor, says Borussia Dortmund is the perfect fit for increasing its brand awareness, both nationally and internationally. Borussia Dortmund, already a listed company, plans to raise €114 million with the capital increase and wants to use the cash to close the gap on Bayern Munich, currently the Bundesliga’s dominant club.
Music-audio outfit SoundCloud is adding advertising to the mix, with the likes of Jaguar and Red Bull among the first brands to come onboard. “The introduction of advertising is an important step for creators,” says the company. “Every time you see or hear an ad, an artist gets paid. … We’re bringing ads on gradually. In addition to supporting creators, ads will keep the service free and open for people to listen to SoundCloud.”
Revenues from the leading sharing economy sectors – peer finance, online staffing, peer accommodation, car sharing and music/video streaming – is set to spike dramatically according to PwC. While these sharing activities currently generate $15 billion a year globally, they’re set to hit $335 billion in 2025.
What happens to mobile brands when they die? For fast-fader BlackBerry it’s about creating a new business unit, BlackBerry Technology Solutions, which is focusing on innovations for embedded software, cryptography, antenna tuning and, of course, the Internet of Things.
Amazon is planning to develop its online advertising delivery platform to compete with Google's AdWords.
Remember the Yo app, which simply lets users send the message ‘yo’? Well, now there’s Lo.
No one knows exactly what form computing will take on the Internet of Things, and that’s no surprise, believes Gordon Bell, a researcher at Microsoft.
Not satisfied with the fun provided by Ronald McDonald, McDonald’s is deep-diving into entertainment to develop multichannel music and entertainment experiences aimed at rewarding ‘our most enthusiastic customers and drive frequency’.
We know everything’s for sale in Bargain Britain, with Chinese investors, for one, snapping up everything from Pizza Express to sewage and Weetabix.
Last week we looked at what became of ‘the world’s fastest-growing company’ once it stopped growing so rapidly.
China’s Xiaomi, Lenovo, and Huawei, as well as India’s Micromax will become major competitors to Apple and Samsung in Asia, according to a Fitch Ratings report.
Hankering after an old-fashioned mechanical typewriter? Now there’s the Hanx Writer, from Tom Hanks.
Uber has rolled out the UberTaxi service in its third city in Asia Pacific.