Southeast Asia is the next big market for online shopping according to a recent study by UBS, which warns of the threat to established retailers posed by e-commerce firms. Physical barriers such…
Startups face age-old battle to enforce change in established industries
In 19th century England, during the Industrial Revolution, a group of textile artisans labelled Luddites protested against new technology in their industry by smashing the new machines to pieces. This led to…
Amazon unveils Fire Phone
Amazon CEO Jeff Bezos announced his company’s first foray into the smartphone market at a special unveiling this morning in Seattle, confirming recent speculation among the technology community. Bezos will hope the…
Facebook’s messaging mission leads to Snapchat competitor Slingshot
Facebook’s pursuit, rejection, and subsequent mission to bury Snapchat is starting to resemble a teenage courtship gone bad. After Snapchat declined Facebook’s offer to buy the company last year for $3 billion,…