Google it: Alphabet hits $1 trillion landmark amid ad growth optimism January 17, 2020 Alphabet, the parent company of Google, has hit a landmark stock market valuation of $1 trillion (£760bn) for the first time. The company’s shares rose by 0.76 per cent yesterday, enough to make it the fourth US-listed company to hit the milestone. Shares ended the day valued at $1,450.16. Alphabet hit the valuation 22 years [...]
Government’s digital strategy cannot be a missed opportunity November 12, 2020 Why is there no British tech titan on the scale of Google, Apple or Amazon? This is a question that has exercised the minds of those in and outside of government for some time. Many have concluded that more needs to do done if the UK is ever going to create a $1 trillion home [...]
FTSE 100 rises but Wall Street falls again on job data September 4, 2020 The FTSE 100 reversed yesterday’s losses, closing in on the 5,900 point level this morning despite last night’s ferocious sell-off of US tech stocks dragging markets down overnight. By the early afternoon London’s premier index was 0.7 per cent up at 5,888.96. The FTSE 250 index of mid caps also rose 0.2 per cent. However, [...]
Bitcoin winning streak comes to end as Ethereum takes lead August 2, 2021 Crypto at a Glance Bitcoin’s longest winning streak in eight years came to a halt on Saturday, though the world’s largest cryptocurrency still enjoyed a relatively leisurely weekend changing hands for more than $42k – the highest the price has been since mid-May. The Bitcoin price climbed every day for ten days in a row, [...]
Bitcoin recovery stalls at $40,000 as malaise sweeps alt markets June 16, 2021 Bitcoin’s recovery appears to have stalled somewhat at $40,000, despite yesterday popping its head briefly above $41k for the first time in nearly a month.
Black Friday spending has beaten 2018’s outlay, says Barclaycard November 29, 2019 Black Friday spending has risen 12.5 per cent on 2018’s total, Barclaycard said today. Spending was higher as of 10am this morning and “sustained” that high level throughout the day. The bank said the number of transactions then reached a “new peak” between 1pm and 2pm on Black Friday. Read more: Black Friday outages: Natwest [...]
Apple and Amazon deny reports of Chinese hardware hack October 4, 2018 US tech giants such as Apple and Amazon have denied reports of a Chinese hack on their hardware systems, after a Bloomberg investigation claimed malicious computer chips were placed inside equipment by foreign agents. Bloomberg cited 17 anonymous sources across US intelligence agencies and company insiders, who stipulated Chinese intelligence officials had infiltrated around 30 US [...]
Amazon hits a trillion-dollar valuation September 4, 2018 Amazon has become the second ever US publicly-listed company to hit a $1 trillion market valuation. Amazon shares briefly passed over the $2,050.27 mark needed to break the milestone earlier this afternoon, before dropping back down to $2,035.56. It crossed the $2,000 per share threshold last Thursday, amid doubts from Wall Street that placed it [...]
Zoom revenue surges on continued pandemic video-conferencing demand September 1, 2020 Video-conferencing provider Zoom last night blasted through analyst revenue and earnings expectations for the second quarter as the coronavirus pandemic continued to drive demand for its services. Shares of Zoom, which have surged almost four-fold this year, leaped 38 per cent in pre-market trading, having hit a record closing high of $325.10 yesterday. Video-conferencing platforms, [...]
Apple’s diversity chief exits as pressure mounts on Cook to testify June 17, 2020 Apple’s head of diversity and inclusion Christie Smith has stepped away from the firm, following the launch of its $100m fund to tackle racism. Smith is said to have officially left her role this week, though her move was planned two months ago, Bloomberg reported. Apple committed $100m to a new programme dedicated to racial [...]