UK tech firms suffer worst quarter since financial crisis May 1, 2020 British tech firms have posted their worst quarterly performance since the global financial crisis as the Covid-19 crisis stunts growth, new figures have revealed. Business activity across the tech sector declined for the first time in almost eight years, according to the latest KPMG UK Tech Monitor index. The headline index dropped to 47.1 from [...]
Miami Nice! Is crypto returning home? February 12, 2021 Crypto at a Glance There was yet another all-time high for Bitcoin yesterday, as it came within touching distance of $50,000. Will we see $50,000 this week? If the good news continues to flow in, it’s more than likely we will. Yesterday, we had Mayor of Miami, Francis Suarez share the progress they’re making towards [...]
Tech giants set to spend £25bn on advertising this year December 2, 2019 Eight tech titans including Google, Facebook and Amazon dominate the global advertising industry and will spend £25bn on advertising this year, according to new research. Google parent company Alphabet, Facebook, Amazon, Ebay, Netflix, IAC, Uber and Booking.com spent over £20bn on advertising in 2018, and are set to account for five per cent of global [...]
Blackrock takes tougher stance on climate change after campaigner pressure January 14, 2020 Blackrock has announced it will put environmental sustainability at the core of its investment strategy, following criticism the asset management titan has failed to use its power to combat climate change. The world’s largest asset manager announced a sweeping overhaul in a bid to position itself as a sustainable investment leader, pledging to take steps [...]
Hunters series review: Al Pacino hunting Nazis makes for gripping lockdown fodder March 27, 2020 If you’re looking for a nice, cuddly box set that you can watch half-comatose under your anxiety blanket as the world unravels around you, Amazon Prime’s latest big-budget series Hunters probably isn’t for you. It’s about Nazis, for one thing, and someone gets shot in the head approximately once every three minutes. Set predominantly in [...]
Screenshot: Will nightclubs really reopen in June? March 5, 2021 This week: **Media Moment of the Week: Telly’s still got welly **Will nightclubs really reopen on 21 June? **The BBC turns back time Media Moment of the Week: Telly’s still got welly In the age of Silicon Valley streaming giants and relentless references to “content” and “eyeballs”, it’s easy to forget that TV can, sometimes, [...]
Could decarbonisation be the mega-trend of the next decade? September 28, 2020 US equities have led global stock markets higher over the past decade. In the last ten years, US equities have returned a stellar 292%, compared to just 73% for global equities (as measured by the MSCI USA Index and MSCI AC World ex US Index respectively, in US dollar terms, as at 31 August 2020). [...]
Screenshot: How books became the new media battleground November 20, 2020 A weekly column from City A.M. bringing you all the biggest stories and trends in technology, media and telecoms This week **Media Moment of the Week: French radio kills the Queen **Publish and be damned: How books became the new media battleground **Could Pearson become the Netflix of education? Media Moment of the Week If [...]
Watchdog bans face mask ads over coronavirus ‘scaremongering’ March 4, 2020 The advertising watchdog has launched a crackdown against two face mask manufacturers for using “scaremongering” to promote their products amid the coronavirus outbreak. Novads OU advertised its Oxybreath Pro mask on the Scottish Sun website, while Easy Shopping 4 Home used Amazon to promote its disposable face mask. The Oxybreath advert, which was littered with [...]
Amazon eyes Homebase stores marked for closure August 19, 2018 Amazon is set to bid for a selection of Homebase stores in a move to improve its last mile delivery process. The online retailer could turn the stores into delivery warehouses when Homebase closes 42 of its 241 sites through a company voluntary arrangement this year. Amazon could use the sites, which are conveniently located in urban [...]