In a statement, Aerospace startup Boom Supersonic said, it hopes to resurrect supersonic commercial air travel across the Atlantic, which was last seen when British Airways and Air France flew the SST Concorde in the 1970s. Boom Supersonic is aiming to fly 65 passengers from New York to London in little more than three-and-one-half hours,…
London-based fintech companies have increased their funding from venture capital investors in the first six months of this year compared to any year in the past signaling the British capital’s resilience as a fintech hub post-Brexit. nvestors have sunk $5.3 billion into London fintech startups in the first half of 2021. compared to $2.1 billion…
On Tuesday, in a statement Uber said, it plans on winning back its license to operate in the city of London. The move comes in the wake of Britain’s transport regulator banning Uber from operating in the city over safety concerns. In 2019, Transport for London (TfL) had refused to grant Uber a new license…
British network Three is set to join its larger rivals as it rolls out 5G mobile services in major cities including London, Birmingham and Glasgow, from the end of the month. Owned by Hong Kong’s Hutchison, Three launched a 5G home broadband product in central London in 2019. At that time, Three’s Chief Executive, Dave…
Rogue internet operators have targeted some of London’s top hedge funds and asset managers by cloning their websites and names in an attempt to dupe unsuspecting investors. Although few individuals are known to have fallen to this scam, two of Europe’s most prominent investors Winton and Algebris are among the highest profile names to be…
On Wednesday, Huawei Technologies stated, it aims to hold events around the forthcoming Mobile World Congress despite the coronavirus outbreak. The telecoms industry event draws more than 100,000 visitors to Barcelona. “We are keeping a close eye on matters and having to internally adjust accordingly and responsibly,” said Huawei’s spokesman after South Korea’s LG Electronics…
British Prime Minister Boris Johnson is scheduled to meet senior ministers on Tuesday to decide on whether the UK will allow China’s Huawei to participate in building the country’s critical 5G mobile infrastructure. The United States views Huawei as a company of particular concern and it sees Huawei’s participation in building a critical infrastructure as…
On Friday, following a hard fought contest, Airbus has emerged as the leading supplier for jets for Qantas Airways Ltd, which will these jets for ultra-long haul commercial flights between Sydney to London. With Airbus being selected for supplying up to 12 A350-1000 planes fitted with extra fuel tank for flights of up to 21…
Uber has decided to appeal Monday’s decision by London’s transport regulator to strip its license in the city, saying it has taken steps to change its business model and sets the standard on safety. “Over the last two months we have audited every driver in London,” said Jamie Heywood, Uber’s boss in Northern and Eastern…
It will have to be seen how Britain can block Huawei from only its core 5G network since it is very difficult to distinguish between core and non-core. As per a source within the Britain’s security establishment, London will not only block China’s Huawei Technologies from all core parts of its 5G network but will…
business-gurus.com 