Amazon share price slips after first profit drop in two years October 25, 2019 Investors have punished Amazon for a sharp fall in profits, targeting its shares as US markets opened this afternoon. Amazon’s share price fell 2.4 per cent to $1738.2 on the Nasdaq after billionaire Jeff Bezos’ company’s profits fell for the first time in two years yesterday. Read more: Amazon posts first profit drop for two [...]
Delphis Eco – cleaning up but no greenwashing May 4, 2022 For the founder and CEO of Delphis Eco, which supplies UK made, green and sustainable cleaning products, eliminating ‘greenwashing’ is key in not only to saving the planet but helping people to genuinely make a difference. This London-based company, established in 2007 by former banker Mark Jankovich and has been awarded the Queen’s Award for [...]
US publishes crypto regulation framework as UK eyes crypto seizures September 26, 2022 Data from CryptoCompare shows that the price of Bitcoin moved sideways over the past week, starting and ending at $19,000.
Editorial: Here’s to the billionaires heading for the final frontier October 14, 2021 So it’s beam me up, Bezos, as Captain Kirk almost said. Yesterday William Shatner became the oldest man to see space, sent off to near-orbit by Amazon’s Jeff on Blue Origin. To some, the competition between Jeff Bezos, Elon Musk, Richard Branson and no doubt other soon-to-emerge billionaires is a sign of the worst of [...]
Sterling dips back under US $1.40 for the first time in a month June 17, 2021 Sterling has dipped back under $1.40 for the first time in a month, likely swayed by a hawkish US Federal Reserve last night. The Federal Reserve suggested it may taper its stimulus earlier than expected last night, which knocked the commodity price index off a 16-month high. The Fed also signalled it will raise rates [...]
Magic materials, paperless tickets and Web3: Sports technology trends to watch in 2023 November 16, 2022 Rebecca Hopkins, chief executive of the STA Group, picks out the sports technology trends to watch in the next year. It is exciting to realise how far sport has come in the past 12 months and whilst the post-pandemic era is throwing up more external challenges than could have been predicted, the sector remains as [...]
London brought to a standstill as tube strike closes entire network and RMT lock horns with Sadiq Khan March 15, 2023 A strike by London Underground drivers has closed the entire network. Transport for London’s website shows no services are running on any Tube lines. The Docklands Light Railway and Elizabeth line are part-suspended because of the industrial action. Drivers in Aslef and the Rail, Maritime and Transport union (RMT) walked out in a dispute over [...]
Does big tech have a blind spot? August 5, 2021 The giants of Big Tech have emerged as the undoubted corporate victors of the past decade. Throughout that period, companies like Amazon, Facebook, and Google dominated the global marketplace, capturing ever-larger market shares and destroying upstart competitors in their way. These firms built impressive businesses, and investors rewarded their achievements with doubly impressive valuations: the [...]
India’s financial crime watchdog looks to fine e-commerce giant Flipkart $1.3bn August 5, 2021 India’s financial crime watchdog is looking to fine Walmart-backed e-commerce giant Flipkart $1.35bn over claimed foreign investment violations, according to reports. The Enforcement Directorate agency has been investigating retail heavyweights like Flipkart and Amazon for allegedly bypassing laws that regulate multi-brand retail and restrict them to operating a marketplace for sellers, Reuters first reported citing [...]
Game on: Why Big Tech is betting big on gaming September 14, 2022 When Bill Gates said “content is king” back in 1996, he opened a can of worms that has become increasingly hard to contain. This content obsession has evolved in different ways in the last two decades, with the latest bet from Big Tech being on gaming. While the evolution of video games has been progressing [...]