Google acused of skewing India online search results to favour own businessesGoogle’s new logo has done nothing for the brand in India where the Competition Commission of India (CCI) has accused it of skewing online search results to favour its own businesses. If Google is found guilty during scheduled commission hearings, the regulator could impose a fine of up to 10% of the search giant’s global revenues, which would amount to a fine of up to $6.6 billion based on Google’s 2014 results.
KPMG has joined forces with Matchi.biz, the matchmaking platform connecting banks and insurers with fintech start-ups, to give its clients access to fintech innovation. “Our alliance with Matchi answers key questions for financial institutions of how they find the right fintech, how they can better evaluate its quality, and how they engage with fintech companies, many of which are small start-ups,” says Ian Pollari, global co-lead of KPMG’s fintech practice.
Smoothies aren’t cool unless they come in the right Pantone. Cue a delicious colour experiment in the shape of Pantonesmoothies.com, a destination featuring fruit smoothie recipes in various Pantones, the tasty digital baby of Mother New York art director Hedvig Kushner.
Macy’s has joined forces with online fashion technology start-up Nineteenth Amendment to slot the latter’s stable of up-and-coming designers on Macys.com to give shoppers the opportunity to purchase garments made on-demand. The tie-up is part of Macy’s mentoring of the fashtech start-up which began with the inaugural New York Fashion Tech Lab last year.
Video-streaming apps had a ‘fantastic’ second quarter with HBO Now and Hulu leading revenue growth in the US, while the former also landed on Android devices in July and Showtime’s streaming service also increased its footprint with rollouts on the iOS, Apple TV and Roku platforms. App Annie says it now believes cordcutting on a mass-market scale could soon be a reality in the US market as TV subs go OTT.
Facebook will play an ever-growing role in finding, discussing and sharing news, with the social network’s Instagram and Whatsapp platforms already petrforming that job among younger groups, according to the Reuters Institute Digital News Report 2015, research based on based on a survey of more than 20,000 people in 12 countries.
UK fashtech start-up Thread.com has picked up $8 million in funding in a financing round led by VC firm Balderton Capital and including ex-Saks Fifth Avenue president Andrew Jennings and former M&S director Maurice Helfgott. Thread delivers online personal styling services, primarily for men, and has been able to count clients of the calibre of Harvey Nichols, Jigsaw and Urban Outfitters on its roster.
You can soup up the connected car with loads of cool tech, but you can’t always make drivers connect. In fact, some 20% of new car owners fail to engage with half of the technology features in their vehicles within three months of purchasing them, according to the 2015 Driver Interactive Vehicle Experience (DrIVE) report from JD Power. And the most underused piece of kit? That would be the concierge system — one able to recommend nearby restaurants or service stations — which remain unused by 43% of survey respondents.