Live music experiences are set to be much more immersive, as audience members increasingly become part of performances, making live events significantly more multidimensional. And virtual reality along with augmented reality, could well be the technologies that enable these richer show elements going foward, according to the Music Trends 2017 report from Eventbrite.
Business and technology booster outfit Berlin Partner has shifted it sights from attracting UK start-ups to the German capital post-Brexit to seducing US entrepreneurs post-Trump. The state-backed agency’s head Stefan Franzke told Wirtschaftswoche that it has stepped up its activities Stateside and is planning to put on extra promotional events in the market, with next month’s SXSW festival in Austin on the hitlist. “Germany has the chance to partially reverse the brain drain,” he said.
Twitter can’t seem to find an answer to its subscriber growth problem, but the microblog thinks artificial intelligence could help out here. CEO Jack Dorsey last week said Twitter’s superpower is that it is able break news and get information out faster than anyone else, but he admits that it needs more Kryptonite. Cue AI, which he believes will save its users having to dig through scads of info to find something that really matters to them.
The world’s smartest cities? They would be Barcelona, London, New York, Oslo and San Francisco when measured in terms of sensing infrastructure, according to Unacast’s latest Proximity.Directory report. And here we are talking about ‘proximity technologies’ aimed at tackling mobility challenges to support public safety, optimise traffic flow and create better tourism experiences, etc.
Ailing Twitter is set to get a boost from President Trump’s constant tweeting, putting a rocket under user growth numbers and helping its financials. “Twitter has struggled to become a daily use application, in contrast to Facebook or Snapchat,” says BTIG Research analyst Rich Greenfield “The incessant news flow from the Trump administration playing out on Twitter and the ensuing global reaction pushes Twitter users to be increasingly engaged with the platform.”
Venture capital investment in the UK fintech sector was hit by Brexit fears in 2016, sliding a huge 33% to $783 million. In contrast, global VC investment in the sector spiked 11% last year to $17.4 billion, according to the latest Innovate Finance metrics. The association characterised the shift as a dramatic slowing “which many in the [fintech] community attribute to the general uncertainty in the run-up to the Brexit referendum”.
In a bid to head off the threat of new legislation that would force it to pay a minimum wage to its drivers in France, Uber is looking to offer workers a guaranteed €21 per hour if they spend at least 40 hours a week behind the wheel. The move appears to have appeased a state-appointed Uber/cabbies negotiations mediator who called the latest proposal ‘satisfying’.
Technological innovations could help improve public-sector delivery, according to the Work in Progress: Towards a leaner, smarter public-sector workforce from UK-based thinktank Reform. For example, 20% of public-sector workers hold strategic, cognitive roles and they should be able to use data analytics to identify patterns – improving decision making and helping allocate workers efficiently. And it says the police and other emergency services are already using data to predict areas of greatest risk from burglary and fire.