Technology can trip up even blue-chip companies

Technology can trip up even blue-chip companies
Airbnb may soon pose a threat to parts of the hotel industry

Recent setbacks for WPP and Provident Financial are useful case studies from which investors can learn

Technological disruption of business models is not new, but the pace of disruption appears to be accelerating – sometimes in the most unexpected places. One of the most obvious places at the outset was the newspaper industry. One of the least obvious, but one which hit the headlines in recent days, was a doorstep lender listed (until last week) on the Ftse 100.

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