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London Is the World’s Airbnb Capital

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10 years ago, in early August 2008, the website Airbedandbreakfast.com went online, marking the birth of Airbnb. Back then the three founders, Brian Cheky, Joe Gebbia and Nathan Blecharczyk wanted to help short-term travelers find affordable accommodation and provide renters with …

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Heat Wave Impacts EU Wheat Production

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A severe heat wave and relentless drought have damaged fields and reduced crop yields across Europe. Recent satellite images have highlighted the impact of the weather with fields turned yellow and brown when they should be green at this time of …

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Apple’s Road to $1 Trillion

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Despite the news that Apple lost its second place in the smartphone market to Huawei in the past quarter, the iPhone maker became the first company to reach a market capitalization of $1 trillion on Thursday*. Following the release of better-than-expected results on Tuesday, …

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Google’s European Dominance

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The European Commission has hit Google with a record-breaking antitrust fine on Wednesday. The search giant has been ordered to pay €4.34 billion ($5.1 billion) for abusing Android’s dominant position in the smartphone market to strengthen its position in other areas such …

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Microsoft’s Cloud Business: The Only Way Is Up

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Nowadays, Microsoft‘s strong financial results are heavily reliant on the cloud side of its business and the most recent quarterly results are no exception. Of the total $30.1 billion revenue recorded, 9.6 was from the segment ‘Intelligent Cloud’ – a new high which …

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Netflix Reaches 130 Million Subscribers

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Having added 5.15 million subscribers in the three months ending June 30, Netflix failed to meet Wall Street expectations as well as its own forecast given in April. The company missed its growth targets by roughly half a million subscribers …

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Online Furniture Sales Are Booming

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In the early days of e-commerce, people mostly bought products online that were easily packable and shipped. Amazon for example started off selling books, then added CDs and DVDs before eventually starting to sell pretty much everything. No one would …

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Online Services Make Their Mark at the Emmys

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Aside from Netflix, which dominated the headlines after Thursday’s Emmy nominations, several other online video platforms have set their eyes on the biggest prize in television this year. Hulu, Amazon, YouTube and Vimeo all nabbed multiple nominations on Thursday and …

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