Amazon presents a mixed bag to investors after record holiday sales January 31, 2019 E-commerce behemoth Amazon predicted lower-than-expected revenue for the current quarter tonight, despite reporting record sales for its busiest period of the year. Revenue for the three months to 31 December rose 19.7 per cent year-on-year to hit $72.4bn (£55.1bn), boosted by events such as Black Friday and Christmas and topping consensus estimates of $71.9bn as polled [...]
Deliveroo launches in-app fundraising tool for free NHS meals May 12, 2020 Deliveroo today announced the launch of a new in-app fundraising tool allowing users to donate meals to NHS workers. From this week customers will be able to either round up their bill to the nearest pound or add an additional tip at checkout on the Deliveroo app. These funds will go towards the cost of [...]
Looking at a metaversal bear market February 3, 2022 Going short, going long, and trying not to catch falling knives around the metaverse, with Dr Chris Kacher.
Google faces calls from staff to end tech sales to police June 23, 2020 Google employees have been circulating an internal petition to push the tech giant to stop selling its services to police forces, following similar moves from other companies. More than 1,600 employees are said to have signed the petition so far, seen by Reuters, which voiced disappointment with Google for not joining the “millions who want [...]
Upskilling isn’t just about digital: it’s about data March 13, 2021 One aspect of Chancellor Rishi Sunak’s Budget that received little attention was his plan to launch a new management programme to upskill the 30,000 plus UK based small and medium-sized enterprises over the next three years. This Budget came only a week after the Institute of Directors and Chartered Management Institute called on the Government [...]
BBC appoints Tim Davie as new director general June 5, 2020 The BBC has named Tim Davie as its new director general, bringing to an end months of speculation over the successor to outgoing boss Tony Hall. Davie, who is currently chief executive of BBC Studios, will take up the role in September. Davie is one of the corporation’s longest-serving executives and stepped in as acting [...]
Hospitality and manufacturing jobs at risk as coronavirus accelerates rise of the robots October 12, 2020 Jobs in hospitality, leisure, and manufacturing are among the most likely to be lost as the coronavirus pandemic accelerates the automation of the economy. A new survey by the Royal Society of Arts, Manufactures and Commerce (RSA) shows that the pandemic has led to rapid digitalisation of swathes of sectors. In the hospitality industry, for [...]
I Care A Lot review – Rosamund Pike’s cold-blooded masterclass February 19, 2021 In these tough times, many of us have turned to movies that lift us up, and remind us that there is some good in the world. Despite its title, I Care A Lot is not one of those films. Rosamund Pike plays Marla Grayson, who makes a living from becoming the legal guardian of elderly [...]
UK watchdog ramps up pressure on tech giants as it sets one-year ultimatum October 19, 2020 The UK competition watchdog has urged the government to step up plans for a new digital regulator as it warned it is preparing to take action against tech giants such as Facebook and Google. Andrea Coscelli, chief executive of the Competition and Markets Authority (CMA), said his organisation was “actively considering” potential enforcement cases in [...]
S4 Capital revenue rises after bumper BMW account win November 9, 2020 S4 Capital has posted a double-digit rise in revenue and profit for the third quarter after it secured a lucrative new account from BMW and Mini. Sir Martin Sorrell’s advertising firm booked revenue of £86.4m in the three months to the end of September, up 13 per cent on the same period last year. Gross [...]