Economy

IKEA takes first step into gig economy by acquiring TaskRabbit By Luján Scarpinelli    Swedish furniture company IKEA has bought US start-up TaskRabbit, broadening the services it provides to its customers. On September 28, the Swedish home goods...

Google to stop scanning Gmail for creating targeted ads   Google's practice of analysing incoming and outgoing emails of its free consumer Gmail users has been criticised on privacy concerns. Google said on Friday it would stop...

Fossils and minerals take the antiques market by storm   Author: Elizabeth Matsangou   Throughout the Renaissance, the demand for antiques among the aristocracy burgeoned, with the trend soaring by the late 17th century as members of the...

Angry Birds maker Rovio plans IPO By Kim Darrah   The company behind the smash hit phone game Angry Birds is seeking funds to make new titles. Rovio Entertainment, the Finnish start-up behind the hit smartphone game Angry...

Hackers rack up £12,000 phone bill and providers passed it on to me Anna Tims Pennine and Focus Group blame each other after hundreds of premium rate overseas calls were billed to my company. I run a...

Major Chinese bitcoin exchange stops trading By Kim Darrah   One of China’s top three bitcoin exchanges has announced that it will stop trading amid crackdown from authorities. Having hit record highs just weeks ago, bitcoin’s boom has...

Wal-Mart to enter voice-shopping market via Google platform    Wal-Mart has teamed up with Google to enter the voice-shopping market, which is dominated by Amazon. Wal-Mart Stores Inc is teaming up with Alphabet Inc's Google to enter...

Apple and Dell bid to acquire Toshiba’s memory chip business By Luján Scarpinelli   The US tech companies are part of a consortium led by Bain Capital hoping to purchase the Japanese heavyweight’s memory chip business. In a...

European leaders seek greater taxes for digital giants Author: Luján Scarpinelli   A number of European countries – led by France – are pushing to introduce a new reform that will tax companies like Google and Amazon...

China urges BRICS to promote open world economy   Chinese President Xi Jinping calls for the BRICS nations - Brazil, Russia, India, China and South Africa - to boost more open global economy and push for...