Cyber crime dominated conversation on day 2 of the Swift Operations Forum Europe (SOFE) 2018 - from...
Reported by Finextra 1 day ago.
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Swift Operations Forum Europe 2018, Amsterdam - Day 2 report
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Video: Eintracht Frankfurt Fans Put Up Great Choreo Ahead of Marseille Match
Eintracht Frankfurt took a firm grip of the leading spot in the Europa League Group H as they beat Olympique Marseille 4-0 on Thursday night. Luka Jovic scored a brace with Luiz Gustavo and Bouna Sarr completing the scoring with two own goals as Bundesliga side made another strong performance in Europe. Eintracht Frankfurt supporters […]
The post Video: Eintracht Frankfurt Fans Put Up Great Choreo Ahead of Marseille Match appeared first on Soccer News. Reported by SoccerNews.com 1 day ago.
The post Video: Eintracht Frankfurt Fans Put Up Great Choreo Ahead of Marseille Match appeared first on Soccer News. Reported by SoccerNews.com 1 day ago.
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New 2019 Toyota Corolla Touring Sports: pricing revealed
Toyota has confirmed UK pricing for the estate version of its hybrid Ford Focus rival ahead of early 2019
Toyota has announced pricing for the Corolla Touring Sports, following its debut at the Paris motor show earlier this year.
The Seat Leon ST rival will go on sale in March alongside the regular hatchback, a rival to the Ford Focus, with Toyota now accepting pre-orders. Entry-level Icon models will start from £22,570, with a 1.2-litre turbo engine and manual gearbox. 1.8-litre hybrid models with a CVT gearbox start from £25,020.
Icon trim includes 16in alloy wheels, automatic LED headlights, heated front seats, 8in touchscreen infotainment system with reversing camera. The step-up Icon Tech trim starts from £23,620 and adds a 7in digital instrument cluster, parking sensors and built-in satnav.
Design spec cars begin at £24,645 and get 17in alloys, rain-sensing wipers, electric heated wing mirrors and rear front fog lights, plus an optional panoramic sunroof, while top-end Excel grade models start from £28,615 and get bi-LED headlights, keyless entry, sports front seats and part-leather upholstery. Only Design models and above can be equipped with Toyota's new 2.0-litre hybrid engine.
Styled in Toyota’s European design centre, the Corolla Touring Sports shares much with the hatchback from the C-Pillar forward.
Further back, a rising shoulder line and flared wheel arches mark it out from the side view, while a sloping roofline and steeply raked rear window are intended to give the estate an appearance more akin to a shooting brake. Full LED rear lights complete the restyle. Four two-tone colours will be offered at launch, alongside an array of standard shades.
Much like the exterior, there appears little to tell the Touring Sports apart from the hatchback in the passenger compartment. However, Toyota has extended the wheelbase by 60mm over the hatchback to 2700mm and is claiming best-in-class rear leg room.
Toyota is quoting a 598-litre boot capacity with the seats up. That's slightly ahead of the Leon ST’s boot but behind other rivals such as the Skoda Octavia Estate and Peugeot 308 SW. No figure has been released for the seats-down boot capacity.
The Touring Sports uses the same petrol-only range as the hatchback, with a 114bhp 1.2-litre turbo petrol engine as the entry point. Two petrol-electric hybrid options also feature: a 121bhp 1.8-litre unit that's taken from the CH-R and Prius, plus a new 2.0-litre version with 178bhp that tops the range.
Technology available on the Corolla that wasn’t in the outgoing Auris includes a head-up display, a JBL premium sound system and wireless phone charging.
*Read more: *
*Toyota Corolla name confirmed for UK return*
*Toyota: no-deal Brexit could halt UK production for 'months'*
*Toyota Avensis taken off sale ahead of Camry reintroduction*
*Toyota Camry shown in Paris ahead of return to Europe* Reported by Autocar 1 day ago.
Toyota has announced pricing for the Corolla Touring Sports, following its debut at the Paris motor show earlier this year.
The Seat Leon ST rival will go on sale in March alongside the regular hatchback, a rival to the Ford Focus, with Toyota now accepting pre-orders. Entry-level Icon models will start from £22,570, with a 1.2-litre turbo engine and manual gearbox. 1.8-litre hybrid models with a CVT gearbox start from £25,020.
Icon trim includes 16in alloy wheels, automatic LED headlights, heated front seats, 8in touchscreen infotainment system with reversing camera. The step-up Icon Tech trim starts from £23,620 and adds a 7in digital instrument cluster, parking sensors and built-in satnav.
Design spec cars begin at £24,645 and get 17in alloys, rain-sensing wipers, electric heated wing mirrors and rear front fog lights, plus an optional panoramic sunroof, while top-end Excel grade models start from £28,615 and get bi-LED headlights, keyless entry, sports front seats and part-leather upholstery. Only Design models and above can be equipped with Toyota's new 2.0-litre hybrid engine.
Styled in Toyota’s European design centre, the Corolla Touring Sports shares much with the hatchback from the C-Pillar forward.
Further back, a rising shoulder line and flared wheel arches mark it out from the side view, while a sloping roofline and steeply raked rear window are intended to give the estate an appearance more akin to a shooting brake. Full LED rear lights complete the restyle. Four two-tone colours will be offered at launch, alongside an array of standard shades.
Much like the exterior, there appears little to tell the Touring Sports apart from the hatchback in the passenger compartment. However, Toyota has extended the wheelbase by 60mm over the hatchback to 2700mm and is claiming best-in-class rear leg room.
Toyota is quoting a 598-litre boot capacity with the seats up. That's slightly ahead of the Leon ST’s boot but behind other rivals such as the Skoda Octavia Estate and Peugeot 308 SW. No figure has been released for the seats-down boot capacity.
The Touring Sports uses the same petrol-only range as the hatchback, with a 114bhp 1.2-litre turbo petrol engine as the entry point. Two petrol-electric hybrid options also feature: a 121bhp 1.8-litre unit that's taken from the CH-R and Prius, plus a new 2.0-litre version with 178bhp that tops the range.
Technology available on the Corolla that wasn’t in the outgoing Auris includes a head-up display, a JBL premium sound system and wireless phone charging.
*Read more: *
*Toyota Corolla name confirmed for UK return*
*Toyota: no-deal Brexit could halt UK production for 'months'*
*Toyota Avensis taken off sale ahead of Camry reintroduction*
*Toyota Camry shown in Paris ahead of return to Europe* Reported by Autocar 1 day ago.
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Top 30 football stadiums in Europe ranked, including homes of Liverpool, Everton and Real Madrid
Just how do you rate a football stadium? Is it based on size? It is atmosphere? Facilities? History? Or something more. Regardless of your criteria, most people seem to accept Tottenham’s new – heavily delayed – stadium will be one of the best in the world. It has a number of excellent features, including a huge […]
Reported by talkSPORT 1 day ago.
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Pricing confirmed for new 2019 Toyota Corolla hatchback
The new Toyota Corolla
Return Corolla name to the UK will available with a 2.0-litre hybrid, but no diesel, from March 2019
Toyota has confirmed prices for its new, rebadged Corolla hatchback ahead of its introduction in spring 2019.
The Ford Focus rival will start from £21,300 when it goes on sale in March next year alongside the Touring Sports estate, with Toyota now accepting pre-orders for both models. Both will be built at the Burnaston plant in Derbyshire.
Entry-level Icon models will arrive with 16in alloy wheels, an 8in infotainment system with reversing camera, heated front seats and automatic LED headlights, while more advanced Icon Tech models get a 7in digital instrument cluster, built-in navigation and parking sensors.
The new 2.0-litre hybrid engine is only available on step-up Design models and above. They gain 17in alloys, electric heated door mirrors, rain-sensing wipers and LED fog lights, with prices starting from £23,375 for the 1.2-litre manual.
Top-spec Excel models can be equipped with either the 1.8 or 2.0-litre hybrid, with prices beginning at £27,345. Equipment includes 18in alloys, sports seats, keyless entry and part-leather upholstery.
The switch to the Corolla name marks the end of the Auris worldwide, and marks a return of the Corolla name to the UK market after an absence of 13 years. It also marks the car's switch to the brand's Toyota New Global Architecture (TNGA) platform. A Corolla saloon, built alongside the C-HR in Turkey, won't come to the UK.
*2019 Toyota Corolla 2.0 Hybrid hatchback prototype review*
The Corolla was revealed at the Geneva motor show with Auris badging, suggesting that Toyota made the decision about the car's name after its Geneva reveal. It will be available with a choice of petrol hybrid engines, but no diesel option.
The only conventional option is a 1.2-litre turbocharged petrol motor with 114bhp. Two hybrid variants will be offered: the 121bhp 1.8-litre motor currently used in the C-HR and Prius, plus a new 2.0-litre version with 178bhp. The same powertrains will be offered across all three bodystyles of the new Corolla range.
Speaking at the reveal of the latest version of the small car, Toyota’s European boss, Johan van Zyl, said that the decision to axe a diesel variant was due to customer demand, noting that 41% of Toyota’s European sales in 2017 were hybrid models.
*New Toyota Supra previewed with racing concept*
*Opinion: Does Toyota's Auris decision put it ahead of the diesel curve?*
Van Zyl said: “In Europe, Auris is the model which moved [hybrid] technology from niche to mainstream. It’s been a breakthrough car for Toyota, because most have been bought by people new to the model or the technology.”
*Geneva motor show — live news and updates*
Speaking about the decision to remove diesel engines from its passenger cars in Europe, van Zyl added: “Customer demand is a clear sign that our petrol-electric hybrids are a strong and popular alternative.”
The new Corolla is built on the TNGA platform. Van Zyl said: “TNGA gives the car rigidity and a low centre of gravity. These are the qualities you need for outstanding comfort, handling and driving pleasure.” Styling, particularly at the rear, takes clear direction from the 2009 Lexus LF-Ch concept, which previewed the CT hatchback.
The Corolla is 4370mm long, 1790mm wide and 1435mm high, with a wheelbase of 2640mm. That makes it 40mm longer and 30mm wider than the Auris, although it is 25mm lower.
The redesigned front end features a grille that Toyota says is shaped like a catamaran hull, and also sports new LED headlights and daytime running lights. At the back, the rear windscreen is increased in rake, while a roof spoiler is standard on all trim levels.
Toyota’s Burnaston factory benefitted from £240 million in investment last year in order to prepare the plant for the transition to the TNGA platform.
*Read more*
*Opinion: Does Toyota's Auris decision put it ahead of the diesel curve?*
*New Toyota Auris to get extra hybrid engine choice*
*Geneva motor show - live news and updates*
*New Toyota Supra previewed with racing concept* Reported by Autocar 1 day ago.
Return Corolla name to the UK will available with a 2.0-litre hybrid, but no diesel, from March 2019
Toyota has confirmed prices for its new, rebadged Corolla hatchback ahead of its introduction in spring 2019.
The Ford Focus rival will start from £21,300 when it goes on sale in March next year alongside the Touring Sports estate, with Toyota now accepting pre-orders for both models. Both will be built at the Burnaston plant in Derbyshire.
Entry-level Icon models will arrive with 16in alloy wheels, an 8in infotainment system with reversing camera, heated front seats and automatic LED headlights, while more advanced Icon Tech models get a 7in digital instrument cluster, built-in navigation and parking sensors.
The new 2.0-litre hybrid engine is only available on step-up Design models and above. They gain 17in alloys, electric heated door mirrors, rain-sensing wipers and LED fog lights, with prices starting from £23,375 for the 1.2-litre manual.
Top-spec Excel models can be equipped with either the 1.8 or 2.0-litre hybrid, with prices beginning at £27,345. Equipment includes 18in alloys, sports seats, keyless entry and part-leather upholstery.
The switch to the Corolla name marks the end of the Auris worldwide, and marks a return of the Corolla name to the UK market after an absence of 13 years. It also marks the car's switch to the brand's Toyota New Global Architecture (TNGA) platform. A Corolla saloon, built alongside the C-HR in Turkey, won't come to the UK.
*2019 Toyota Corolla 2.0 Hybrid hatchback prototype review*
The Corolla was revealed at the Geneva motor show with Auris badging, suggesting that Toyota made the decision about the car's name after its Geneva reveal. It will be available with a choice of petrol hybrid engines, but no diesel option.
The only conventional option is a 1.2-litre turbocharged petrol motor with 114bhp. Two hybrid variants will be offered: the 121bhp 1.8-litre motor currently used in the C-HR and Prius, plus a new 2.0-litre version with 178bhp. The same powertrains will be offered across all three bodystyles of the new Corolla range.
Speaking at the reveal of the latest version of the small car, Toyota’s European boss, Johan van Zyl, said that the decision to axe a diesel variant was due to customer demand, noting that 41% of Toyota’s European sales in 2017 were hybrid models.
*New Toyota Supra previewed with racing concept*
*Opinion: Does Toyota's Auris decision put it ahead of the diesel curve?*
Van Zyl said: “In Europe, Auris is the model which moved [hybrid] technology from niche to mainstream. It’s been a breakthrough car for Toyota, because most have been bought by people new to the model or the technology.”
*Geneva motor show — live news and updates*
Speaking about the decision to remove diesel engines from its passenger cars in Europe, van Zyl added: “Customer demand is a clear sign that our petrol-electric hybrids are a strong and popular alternative.”
The new Corolla is built on the TNGA platform. Van Zyl said: “TNGA gives the car rigidity and a low centre of gravity. These are the qualities you need for outstanding comfort, handling and driving pleasure.” Styling, particularly at the rear, takes clear direction from the 2009 Lexus LF-Ch concept, which previewed the CT hatchback.
The Corolla is 4370mm long, 1790mm wide and 1435mm high, with a wheelbase of 2640mm. That makes it 40mm longer and 30mm wider than the Auris, although it is 25mm lower.
The redesigned front end features a grille that Toyota says is shaped like a catamaran hull, and also sports new LED headlights and daytime running lights. At the back, the rear windscreen is increased in rake, while a roof spoiler is standard on all trim levels.
Toyota’s Burnaston factory benefitted from £240 million in investment last year in order to prepare the plant for the transition to the TNGA platform.
*Read more*
*Opinion: Does Toyota's Auris decision put it ahead of the diesel curve?*
*New Toyota Auris to get extra hybrid engine choice*
*Geneva motor show - live news and updates*
*New Toyota Supra previewed with racing concept* Reported by Autocar 1 day ago.
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Royal soprano Elin Manahan Thomas to sing in Hay
Swansea-born Elin Manahan Thomas, who was heard by millions singing Handel’s ‘Eternal Source of Light Divine’ at the wedding of Prince Harry and Meghan Markle, and previously at the opening of the London Paralympics Games, will be a star attraction together with Elizabeth Kenny, one of Europe’s leading lute players, in St Mary’s Church, Hay-on-Wye at 7.30pm on the evening of Tuesday, December 11.
Reported by Hereford Times 1 day ago.
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ECB takes on PayPal with instant payment system
The European Central Bank launched on Friday a new system aimed at letting banks settle payments instantly across Europe, helping them compete with PayPal and other global tech giants.
Reported by Reuters 21 hours ago.
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OneDrive Skype integration goes live aaand... OneDrive falls over in Europe
Reported by The Register 22 hours ago.
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Barca will ‘do everything’ to sign de Ligt
According to Sport, Barcelona are willing to do whatever it takes in order to secure the signing of Matthijs de Ligt. The Ajax star is a hot commodity with some of Europe’s finest being tipped to go after him, although the Spanish champions are almost certainly the frontrunners. They have been having regular contact with […]
The post Barca will ‘do everything’ to sign de Ligt appeared first on Soccer News. Reported by SoccerNews.com 21 hours ago.
The post Barca will ‘do everything’ to sign de Ligt appeared first on Soccer News. Reported by SoccerNews.com 21 hours ago.
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Exclusive: EU to probe deeper into Vodafone, Liberty Global deal - source
EU antitrust regulators are likely to launch a full-scale investigation into Vodafone's $21.8 billion purchase of Liberty Global's assets in Germany and eastern Europe, a person familiar with the matter said.
Reported by Reuters 21 hours ago.
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Live At Clash Studio: Lauv And Julia Michaels
Exquisite acoustic version of their duet 'There's No Way' live and exclusive in Clash Studios...*LAUV* and *Julia Michaels* are sat on the couch in the corner of the Clash studio and… well, there’s a spark. Hands linger on thighs, bodies face into each other’s shadow, and a playful peck on the cheek turns into a soft but lingering kiss on the lips. There’s chemistry, for sure.
In Europe ostensibly to promote new single ‘There’s No Way’ – but visiting Paris “just… because!” – the pair look to be inseparable, whispering into each other’s ears so no one around can hear their conversation.
Clash clears its throat. So: the single? “Julia came over to my house in LA,” recalls LAUV. “It was like, hey, maybe we’ll write a song! Then we kind of just hung out and talked about music.”
“We talked about life and stuff for six hours, or something,” he laughs. “Then we wrote the song the next time we hung out, with some friends of ours”.
The actual root of the song came from life, but equally from art; from experiences both past and present. LAUV explains: “Basically, we were both talking about experiences in the past where we were like, you meet someone, you feel some type of chemistry but something is in the way. Whether that’s timing or distance, whatever it might be. And I think we both had that feeling.”
Clash wonders aloud if this is art imitating life, in some form or other. “I don’t think Julia would admit it, but I started to feel that… in our situation. A bit!” he laughs. “But then I got really shy about it because we were writing a song. Like, don’t… say anything!”
Written in just a couple of hours, ‘There’s No Way’ fell in place completely naturally, almost without any effort. It’s a simple but luxurious hymn to love both forbidden and realised, with the melody so delicate it’s almost flirtatious.
“A lot of the songs that I have written in the past in the shortest amount of time have been – for some reason – the most successful,” muses Julia. “That’s just because you’re not over-thinking it. You’re just in the moment. And because of that it just feels right, you’re not getting in your own way.”
Letting things flow naturally seems to be the core of the song’s success – initially, LAUV was due to sing it himself, but with Julia accompanying him to the studio it felt right to her to perform as well.
“The thing about us both singing on it,” he recalls; “it kind of just happened super naturally. We were in the room, so we thought: let’s just both do it. And you were like: OK.”
“A lot of the vocal takes were like noisy, in the room, from the demo. I thought they’d be really bad. If you solo it, there’s a vocal in my first verse and you can hear a car in the background. They were raw.”
A truthful and honest portrait of the first flush of romance, passion, or even love, ‘There’s No Way’ is wonderfully effecting, completely intoxicating. Shooting a video outside of Los Angeles, LAUV and Julia Michaels hooked up once more for a memorable day together.
“We shot the video and it was… probably one of the best days ever,” she says, as LAUV starts to giggle. “It was! So easy and effortless.”
The pair’s evident chemistry set the internet alight, with fans desperate to know more. So light and easy-going in one another’s company, it hardly seems fair to press the issue, but we’re happy to ask if there will be more material from the pair.
“We haven’t written together since,” LAUV explains. “It’s definitely something we talk about. We wonder if the dynamic would be completely different now.”
“We’ve talked about it,” Julia shrugs. “We play each other songs, and give each other hugs and kisses.”
LAUV takes a long, lingering look at Julia, then says: “For sure. It would definitely be a different vibe now that we… whatever.”
Celebrating a moment for as long as it lasts, LAUV and Julia Michaels were in the Clash studio to shoot a live version of 'There's No Way' - watch it now. Reported by Clash 18 hours ago.
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Exclusive: Vodafone, Liberty Global deal faces full EU antitrust scrutiny - source
Vodafone's $21.8 billion proposed acquisition of Liberty Global's assets in Germany and eastern Europe is likely to face a full EU antitrust investigation, a person familiar with the matter said.
Reported by Reuters 20 hours ago.
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Macron tells Saudi prince international experts needed in Khashoggi investigation
French President Emmanuel Macron told Saudi Crown Prince Mohammed bin Salman on Friday that Europe would insist on international experts being part of the investigation into the murder of Saudi journalist Jamal Khashoggi.
Reported by Reuters 19 hours ago.
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Opinion: Everton must make January move for 22-year-old previously linked with Europe's elite
Moussa Dembele is reportedly unsettled at Lyon, and Everton should be monitoring developments with the forward ahead of a potential January move.
Reported by Football FanCast 19 hours ago.
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Chelsea and Manchester City rethink business as FIFA gets tough over loan players
Fifa wants to stop big clubs stockpiling talent. From the start of the 2020-21 season, clubs will be able to loan out 6-8 players; the exact figure has yet to be agreed. This is will hit Chelsea hardest. The Blues have a whopping 39 players out on loan. Fifa want to create “the loans of players for the purpose of youth development as opposed to commercial exploitation”.
These are the top Premier League clubs with players on loan:
Chelsea 39
Man City 28
Wolves 27
Brighton 16
Watford 14
Everton 14
Easy to sneer at Chelsea, who have turned a tidy profit from recruiting young players and selling them on. But none of the young brood had to sign for the club. And maybe having Chelsea on their CVs helps their careers? The worry is that the young player won’t improve at lesser clubs, where they train and play with less talented players. Stay at Chelsea or Manchester City and you play with Eden Hazard or David Silva, respectively. Chelsea have three players on loan at Vitesse Arnhem. Will they improve as quickly at the fourth best side in Holland?
Oliver Kay has a tale from June 2018:
Matej Delac and even fewer would recognise him. He is the Croatian who signed for Chelsea in September 2009, four weeks after his 17th birthday, as one of the most promising young goalkeepers in Europe. He left last month without making a first-team appearance, without even having qualified for a work permit to play in the United Kingdom.
Chelsea loaned him out nine times. He’s now at Horsens in the Danish Superliga. He recalls:
“They [Chelsea] said to me: ‘We are buying you for the future. You will go on loan, gaining experience at a better level than the Croatian league. Then you will come back, maybe as No 2 goalkeeper. Then after that, anything is possible.'”
They might even make a profit on you. Reported by Anorak 16 hours ago.
These are the top Premier League clubs with players on loan:
Chelsea 39
Man City 28
Wolves 27
Brighton 16
Watford 14
Everton 14
Easy to sneer at Chelsea, who have turned a tidy profit from recruiting young players and selling them on. But none of the young brood had to sign for the club. And maybe having Chelsea on their CVs helps their careers? The worry is that the young player won’t improve at lesser clubs, where they train and play with less talented players. Stay at Chelsea or Manchester City and you play with Eden Hazard or David Silva, respectively. Chelsea have three players on loan at Vitesse Arnhem. Will they improve as quickly at the fourth best side in Holland?
Oliver Kay has a tale from June 2018:
Matej Delac and even fewer would recognise him. He is the Croatian who signed for Chelsea in September 2009, four weeks after his 17th birthday, as one of the most promising young goalkeepers in Europe. He left last month without making a first-team appearance, without even having qualified for a work permit to play in the United Kingdom.
Chelsea loaned him out nine times. He’s now at Horsens in the Danish Superliga. He recalls:
“They [Chelsea] said to me: ‘We are buying you for the future. You will go on loan, gaining experience at a better level than the Croatian league. Then you will come back, maybe as No 2 goalkeeper. Then after that, anything is possible.'”
They might even make a profit on you. Reported by Anorak 16 hours ago.
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WW2 rescue: The Jewish children Scotland took in
It is 80 years since 10,000 Jewish child refugees came to the UK on the Kindertransport from Germany and Eastern Europe.
Reported by BBC News 10 hours ago.
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AIDS is on the rise in Europe, WHO report finds
The European Centre for Disease Prevention and Control (ECDC) and the WHO Regional Office for Europe have released the latest data to mark the 30th anniversary of World AIDS Day.
Reported by euronews 4 hours ago.
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Former Google CEO Eric Schmidt listed the '3 big failures' he sees in tech startups today
· *Eric Schmidt, the former CEO of Google, gave the Centre for Entrepreneurs lecture in London this week.*· *In a draft of the speech, seen by Business Insider, Schmidt outlined what he sees as the three big market failures holding back tech entrepreneurship today.*
· He said tech startups need to be more diverse, less product driven, and more willing to partner early.
Former Google CEO Eric Schmidt has listed the three "big failures" in tech entrepreneurship around the world.
Schmidt outlined the failings in a speech he gave at the Centre for Entrepreneurs in London this week. He later expanded on his thoughts in an interview with former BBC News boss James Harding.
Below are the three mistakes he outlined, with quotes taken from both a draft of his speech seen by Business Insider, and comments he delivered on the night.
*1. People stick to who and what they know*
"Far too often, we invest mostly in people we already know, who are working in very narrow disciplines," Schmidt wrote in his draft.
In his speech, Schmidt pegged this point closely to a need for diversity and inclusion. He said companies need to be open to bringing in people from other countries and backgrounds.
He said entrepreneurship won't flourish if people are "going to one institution, hiring only those people, and only — if I can be blunt — only white males."
During the Q&A, Schmidt specifically addressed the gender imbalance in the tech industry. He said there's a reason to be optimistic about women's representation in tech improving, predicting that tech's gender imbalance will vanish in one generation.
*2. Too much focus on product and not on platforms*
"We frequently don't build the best technology platforms to tackle big social challenges, because often there is no immediate promise of commercial return," Schmidt wrote in his draft.
"There are a million e-commerce apps but not enough speciality platforms for safely sharing and analyzing data on homelessness, climate change or refugees."
Schmidt's omitted this mention of socially conscious tech from his final speech, but did say that he sees a lot of innovation coming out of network platforms, which allow people to connect and pool data, because "the barrier to entry for these startups is very, very low."
*3. Companies aren't partnering up early enough*
Finally, Schmidt wrote in his draft that tech startups don't partner enough with other companies in the modern, hyper-connected world. "It's impossible to think about any major challenge for society in a silo," he wrote.
He said in his speech that tech firms have to be ready to partner "fairly early." He gave the example of a startup that wants to build homecare robots.
"The market for homecare robots is going to be very, very large. The problem is that you need visual systems, and machine learning systems, and listening systems, and motor systems, and so forth. You're not going to be able to do it with three people," he said.
After detailing his failures in tech entrepreneurship, Schmidt laid out what he views as the solution. He referred back to the Renaissance in Europe, saying people turned their hand to all sorts of disciplines, from science, to art, to business.
"No one tried to put Leonardo da Vinci in a silo," he said.
*You can watch Schmidt's full lecture and Q&A here:*
*SEE ALSO: Eric Schmidt takes the blame for Google's social networking failures: 'I suspect we didn’t fully understand how to do it'*
Join the conversation about this story »
NOW WATCH: Jeff Bezos on regulating giant tech companies: 'I expect us to be scrutinized' Reported by Business Insider 4 hours ago.
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DJ Martin Garrix on performing in India: Dedication from the fans is next-level here
Martin Garrix, the winner of the MTV Europe Music Award shot to fame with his 2013 solo release 'Animals'
Reported by Firstpost 3 hours ago.
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Estonia to Tighten Rules for Licensed Crypto Companies
Law Estonia, one in all Europe’s maximum crypto-friendly international locations, plans to tighten its licensing regime for cryptocurrency corporations. The monetary government in Tallinn need to introduce stricter rules for fintech companies registered within the Baltic nation. Additionally learn: Binance Terminates Products and services for Customers in Belarus Regulators to Build up Oversight The …
Reported by The News Articles 3 hours ago.
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