Tag Archives: Kate King

23Oct/17

Big money stays away from booming bitcoin

Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion. But as Kate King reports, mainstream institutional investors are steering clear, taking the view that it is too lightly regulated, too volatile and too illiquid to risk investing other people’s money in. Continue reading

18Sep/17

KPMG South Africa facing legal action

South Africa’s tax agency on Monday accused KPMG of “unethical” and “unlawful” behaviour and said it plans to take legal action against the global auditor. It relates to a report carried out by the firm that suggested the former finance minister ran a rogue unit to spy on political leaders – as Kate King explains. Continue reading

05Sep/17

Flying taxi startup Lilium raises $90 mln

Lilium, a German start-up with Silicon Valley-scale ambitions to develop a 5-passenger “flying taxi”, has raised a second, $90 million round of financing from top tech investors, as the race to to make electric-powered flying an every day event, hots up. Kate King reports. Continue reading

01Sep/17

10th anniversary of contactless in UK

September marks 10 years since Barclaycard introduced contactless payments to the UK. As Kate King reports it’s since expanded to include wearables and mobilepay – bringing the idea of a cashless society one step closer. Continue reading

17Jul/17

UK politicians feud as full Brexit talks begin

British and European Union envoys on Monday began a first round of negotiations on Britain’s divorce from the EU with both sides saying it was high time to tackle details, though feuding within the London cabinet over Brexit terms may trouble the process. Kate King reports. Continue reading