COPENHAGEN — On a busy road in the center of town here, a string of green lights embedded in the bike path — the “Green Wave” — flashes on, helping cyclists avoid red traffic lights.
On a main artery into the city, truck drivers can see on smartphones when the next light will change. And in a nearby suburb, new LED streetlights brighten only as vehicles approach, dimming once they pass. Continue reading Copenhagen Lighting the Way to Greener, More Efficient Cities
In major cities throughout the United States, taxi medallion prices are tumbling as taxis face competition from car-service apps like Uber and Lyft. Continue reading Under Pressure From Uber, Taxi Medallion Prices Are Plummeting
(CNN) — Snapchat may be the latest application with a new mobile payment feature launched this week, but the idea that made Snapcash possible was spawned more than seven years ago in Africa. Continue reading Africa’s mobile money makes its way to Europe with M-Pesa
Westpac chief executive Gail Kelly is stepping down after eight years at the helm, to be replaced by the bank’s head of wealth.
China’s online retail giant Alibaba says it has seen nearly $7bn (£4.4bn) of sales so far from its annual ‘Singles’ Day’ shopping event.
Seventeen hours in, the firm said sales had already hit $6.96bn, with industry analysts predicting that sales could surpass $8bn this year.
Last year, Alibaba recorded sales of $5.75bn and shipped more than 150 million packages.
The realities of further fiscal consolidation present us with an opportunity to fundamentally re-shape public service provision.
In the words of Beth Simone Noveck, former aide to Barack Obama: “What business do you know, what other sector of the economy, and especially one as big as the public sector, that doesn’t seek to reinvent its business model on a regular basis?”
Continue reading The future of public services in the 21st century
Businesses are no longer focusing on the single bottom line and shareholders are no longer the only entity with a vested interest in how the business operates. In this day and age an organisation’s reputation is critical to its survival. As such, greater focus is being placed on positive engagement with communities and consideration for the environment. Continue reading Corporate Social Responsibility – Back to Basics
Microsoft is ditching the Nokia brand name from new smartphones, less than a year after acquiring the Finnish firm’s mobile devices division.
New Nokia Lumia phones will instead be known as Microsoft Lumia, the company said. Continue reading Microsoft ditching the Nokia name on smartphones
Executive Salad 