Sunset Boulevard review: Nicole Scherzinger roars but it’s more star than substance October 13, 2023 Nicole Scherzinger shines in a new production of Sunset Boulevard that is a little too tech-heavy for its own good
The Notebook: Victoria Scholar on the Fed’s new move, Adidas’s Yeezy problem and Shell’s AGM showdown May 23, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s Interactive Investor’s Victoria Scholar. After 10 straight hikes, is it now time for a ‘Fed skip’? Forget the hike, pause and cut, the new word to enter the lexicon of central bank watchers is the ‘Fed skip’. US monetary policymakers [...]
Tech stocks get ready for a rocky road ahead October 24, 2022 BIG TECH braces itself for another testing earnings season, as the biggest names in Silicon Valley post their quarterly figures this week. Kicking off the tumble last Friday, Snapchat posted a rocky quarter, citing squeezed ad spend and ongoing macroeconomic uncertainty as the main driver. Not only has Snapchat’s parent firm lost a quarter of [...]
Elon Musk bids adieu to the Twitter bird as social media giant rebrands to ‘X’ July 24, 2023 Twitter owner Elon Musk revealed the social media giant will bid farewell to its famous blue bird, as a new “X” logo was unveiled this week, in a bid to transform it into an “everything app”. The billionaire Tesla boss announced the revamp, tweeting his desire to “bid adieu” to the Twitter brand and, gradually, [...]
Can we stop AI from destroying the planet? August 16, 2024 AI is increasingly finding itself in the crosshairs of investors concerned about its environmental toll. Many are coming to terms with the fact that the technology supposedly leading us into a smarter future might be dragging the planet backwards when it comes to climate commitments. Big tech’s climate ambitions are hitting a rather inconvenient truth: [...]
Apple halves Vision Pro headset production plans as virtual reality given a reality check July 3, 2023 Apple has slashed production forecasts for its $3,499-a-piece Vision Pro headset as the company experiences teething problems in its foray into virtual reality, according to reports. The tech giant has had to halve 2024 shipments for its mixed-reality headsets with predictions down from 900,000 to 400,000 in the first year, according to a Financial Times [...]
New AI principles hint at pro-innovation future of UK regulation September 19, 2023 Britain’s competition watchdog has set out guidelines to steer the development of artificial intelligence (AI), which lawyers suggest could be a blueprint for a pro-innovation future of AI regulation. The Competition and Markets Authority (CMA) has proposed seven principles to guide the use and development of the foundation models that underpin AI giants like OpenAI’s [...]
Best of tech opinion in 2022 December 29, 2022 From Elon Musk and Mark Zuckerberg to algorithms keeping us in with our daily dose of otters, some of the best tech opinion in City A.M.
Cathie Wood warns AI frenzy risks investor losses August 4, 2024 Tech investor Cathie Wood has warned that the fenzy around artificial intelligence that has boosted US tech stocks could leave investors scorched.
PwC Australia cuts over 300 jobs following tax leak scandal November 8, 2023 Pricewaterhouse Coopers (PwC) Australia on Wednesday announced hundreds of job cuts citing a slowing economy and the after-effects of a national scandal over leaked tax documents as a major audit client cut ties with the firm. The audit and consulting major has been under fire this year after revelations a former partner leaked government tax [...]