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CEO Quits, and stocks tumble, amid Volkswagen’s widening ‘Dieselgate’ scandal

September 23, 2015

Volkswagen CEO Martin Winterkorn has resigned after eight years in the role, following revelations his company used software to ‘cheat’ diesel emissions regulations. Winterkorn, formerly chief at Porsche, issued a statement today…

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Ashley Madison CEO quits, Facebook hits 1bn users in a day and the Lizard Squad hack tool

August 31, 2015

Infidelity dating website Ashley Madison has been the target of data breaches in recent weeks, and given the unconventional service that the site provides, it is perhaps even more distressing for users whose personal data has been made public. The latest casualty of the hacking incident is the company’s CEO.

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Is it really all doom and gloom for Alibaba?

August 18, 2015

It has, for once, been a tough week for Alibaba. The Chinese online retail giant posted disappointing growth figures in its Q2 2015 report last week, leading some experts to suggest that…

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Czech tech is rising – just don’t thank the government

August 10, 2015

by Anam Alpenia Armed with two billion-dollar companies and a host of machine-learning prowess, the Czech Republic is capitalizing on its historic place straddling Europe’s east and west. But entrepreneurs are still dealing…

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Uber leak, Apple Music’s 11m trial users and Tesla’s security breach

August 9, 2015

Uber was recently labelled the world’s most valuable startup at $50 billion. However, recent leaked financial documents allegedly from Uber, have revealed that the firm is operating at a loss of several million dollars each quarter.

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From downed tools to tablets: how tech is reinvigorating Armenia

July 13, 2015

Of all the former Soviet satellites, Armenia, a tiny, landlocked nation of under three million people, blockaded by its neighbors and ravaged by exoduses, genocide and a recent war, might not seem…

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Berlin’s White Rabbit continues the evolution of the text message

July 7, 2015

Berlin startup White Rabbit is the latest in SMS’ 23-year evolution. And, despite the invention of younger, sleeker messaging services, evidence suggests the format has plenty of life left in it. When…

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Reddit revolts, Samsung under fire over bloatware and Snapchat updated

July 6, 2015

Parts of the popular social media news site Reddit became inaccessible last week due to a protest over the firing of Victoria Taylor, a paid moderator for the site.

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E3 highlights, Amazon’s new delivery idea and Pepper the humanoid robot

June 20, 2015

The annual E3 event gave gaming fans a lot to look forward to this week. The L.A.-based event showcased some of the most hotly-anticipated games of the future, and included huge announcement from the behemoths of the gaming world.

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Costolo resigns as Twitter CEO, YouTube goes after gamers and Oculus partners with Microsoft

June 14, 2015

Tech giant Twitter is never one to avoid the headlines. This week is no exception, as the company’s CEO Dick Costolo made a surprise announcement that he would be stepping down.

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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