EU competition watchdog launches probe into Amazon’s business practices September 19, 2018 Amazon's business practices will be put under the microscope as the EU competition watchdog launched a probe into how the retailer uses data collected from smaller merchants. The preliminary investigation will scrutinise how the online shopping giant uses data it collects as a host for merchants and as a seller itself, as Amazon sells its own products [...]
EU competition watchdog launches probe into Amazon’s business practices September 19, 2018 Amazon's business practices will be put under the microscope as the EU competition watchdog launched a probe into how the retailer uses data collected from smaller merchants. The preliminary investigation will scrutinise how the online shopping giant uses data it collects as a host for merchants and as a seller itself, as Amazon sells its own products [...]
Tech companies ramp up hiring as London moves past lockdown September 8, 2020 Tech companies in the UK’s capital have accelerated their hiring plans over the summer as businesses get ready to go back to work, with digital roles jumping by more than a third. Advertising for vacancies in the digital tech sector rose 36 per cent in the last two months, according to data collated by Tech [...]
Amazon bolsters its fleet of cargo aircraft to further expand delivery business January 6, 2019 Amazon has bolstered its fleet of planes to further expand its delivery business as it goes up against cargo airline giants FedEx and UPS. The tech giant has agreed to lease a further 10 Boeing 767 aircraft to expand its Amazon Air network. The move takes the company’s fleet to 50 and grows its partnership [...]
Wall Street slips but FTSE 100 rises as Joe Biden edges towards presidency November 6, 2020 Wall Street stocks slipped after a week of gains as Democrat challenger Joe Biden inched closer to the presidency, but the FTSE 100 rose on a mixed day’s trading. The S&P 500 dipped 0.2 per cent while the Dow Jones fell 0.3 per cent. The tech-dominated Nasdaq was 0.5 per cent lower. In the UK, [...]
Twitter suffers advertising revenue slump amid pandemic and US protests July 23, 2020 Twitter suffered a 23 per cent slump in advertising revenue in the second quarter due to the coronavirus pandemic and civil unrest in the US. The social media giant said today that advertising revenue was $562m, down 23 per cent year-on-year. The company said it had seen a “gradual, moderate recovery” compared to March, however [...]
Four Silicon Valley CAs on why its status as the world’s tech capital will remain unchallenged November 16, 2021 The pandemic saw many tech companies thrive as the world went more virtual. Despite talk of a drift away from Silicon Valley, local CAs tell Ryan Herman why its status as the world’s tech capital will remain unchallenged. This article first appeared in ICAS’s CA magazine. For Ninos Sarkis CA, there was only one place [...]
Genius Brewing, makers of healthy lager, to enter Dragons’ Den April 8, 2021 An innovative craft beer company producing a health-focused, light craft lager is set to go before the panel in tonight’s episode of Dragons’ Den. Jason Clarke and Charlie Craig, founders of Genius Brewing will take their 3% ABV, 79 calorie lager into the Den in the hopes of gaining backing for their ‘smart drinking’ company. [...]
Police use of facial recognition tech ruled unlawful by UK court August 11, 2020 The use of automatic facial recognition (AFR) technology by a UK police force has been ruled unlawful by the Court of Appeal, following a legal challenge in south Wales. The court found South Wales Police’s use of facial recognition technology breaches privacy rights, data protection laws and equality laws, bringing a long-running trial of the [...]
Amazon HQ2 – “Mr. Bezos, why didn’t you call?” January 2, 2019 Amazon’s HQ2 search went live on 7th September 2017 and it selected the winning cities, New York and Washington, in November 2018. The Global Cities databases that we use to quantify our investments comprise exactly the data that Amazon needed to make its decision. It wasn’t just Mr Bezos’ time that was wasted. When Amazon [...]