Apple acquisitions: Tech giant buys a company every three to four weeks February 24, 2021 As the giants of Silicon Valley jostle for pole position in the escalating technology arms race, mergers and acquisitions are often the name of the game. But the scale of Big Tech acquisitiveness has been laid bare after Apple boss Tim Cook revealed his company has snapped up roughly 100 companies over the last six [...]
Hollywood real estate firm expands £350m east London film studio project March 19, 2021 Plans for a major new film studio complex in east London have been given a further boost after the scheme’s Hollywood backer announced it was pumping a further £50m into the project. Hackman Capital Partners (HCP), which owns studios where classics such as Citizen Kane and Gone With the Wind were filmed, last year took [...]
Amazon tops Linkedin list of top 10 companies to work for April 3, 2019 A list of the top 10 companies that are seen as most attractive for workers released by Linkedin this morning revealed a varied mix of preferences for job hunters in the UK. Amazon, which recently raised wages after coming under criticism for employment practices and warehouse conditions, took the number one spot, with firms such as [...]
Palm Springs is a dark twist on the Groundhog Day formula April 8, 2021 Before the dark times, it’s likely most of us will have been stuck at the wedding of some vague acquaintance or relative we don’t care for. We’ve stared into space through prolonged speeches, and tried to sneak out before the DJ played The Macarena. Well, what if you could never leave? That’s the nightmarish prospect [...]
Grocery delivery app Weezy raises $20m for London expansion January 14, 2021 Grocery delivery platform Weezy has raised $20m (£14.6m) to fund its expansion in London and across the UK as it cashes in on bumper demand during the pandemic. Weezy, which offers local grocery deliveries in 15 minutes, said it will use the funding to add 50 employees to its London-based team over the next four [...]
Amazon hit with thousands of fake five-star reviews, research finds April 16, 2019 Thousands of suspicious and unverified reviews have cropped up on Amazon for five-star rated tech products from unheard of brands. The reviews were often posted on the same day or in the same short period of time, according to consumer magazine Which, with identical reviews left for the same product on Amazon and in some [...]
Deliveroo picks banks as it gears up for blockbuster float January 13, 2021 Deliveroo is said to have tapped four investment banks as it prepares for a blockbuster float on the London Stock Exchange this year. The food delivery app has hired Bank of America Merrill Lynch, Citi, Jefferies and Numis to work on an initial public offering that could value it at more than £5bn, Sky News [...]
Liverpool v Spurs and Call of Duty drive highest internet data record December 18, 2020 Average household internet usage has increased by 50 per cent this year according to data by internet provider TalkTalk. And December 16 saw the highest ever data usage peak of 7.63Tb/s on the network, with traffic largely driven by a combination of football including Liverpool vs Spurs on Amazon Prime and the release of Call of Duty. [...]
Google hits back at ‘deeply flawed’ US Justice Department lawsuit October 20, 2020 Google has hit back at a major antitrust lawsuit filed by the US Justice Department, branding it “deeply flawed” and warning that consumers would be negatively affected if the government wins its case. US officials today filed a lawsuit against the tech giant accusing it of breaking the law by using its market power to [...]
Labour calls for UK tax cut extensions before 3 March Budget February 7, 2021 Labour is calling for an extension to tax cuts for some of the UK sectors worst affected by the Covid pandemic. Shadow chancellor Anneliese Dodds today urged Rishi Sunak to extend the current VAT cut, from 20 per cent to five per cent, for retail and hospitality for another six months past March or or [...]