Care leavers deserve a chance to begin adulthood on firm footing October 30, 2019 We all remember the challenge of becoming an adult. Fresh out of school, college, or university, you are out there on your own – hunting for your first job, your first flat, and trying to make ends meet on your first pay cheques. My first taste of real adulthood came at age 22, straight out [...]
DEBATE: With Amazon’s Alexa recording private conversations, are we too complacent about AI in our lives? May 29, 2018 With Amazon’s Alexa recording private conversations, are we too complacent about AI in our lives? Joe Baguley, vice president and chief technology officer (EMEA) at VMware, says YES. As more complex and automated technology enters our daily lives, we must bear some responsibility as consumers to ensure that we are educated on what that technology [...]
Ford continues shift in focus towards tech by hiring former finance boss at Snap March 21, 2019 Ford has appointed the former CFO of social media giant Snap as its new finance boss, as part of a leadership overhaul. The second-biggest car manufacturer in the US said its chief financial officer Bob Shanks will retire at the end of 2019 to be replaced by Tim Stone, a 20-year veteran of Amazon and [...]
Mark Zuckerberg tumbles down Forbes’ 2019 rich list as Bezos stays top March 5, 2019 Facebook billionaire Mark Zuckerberg fell five places on this year’s famed Forbes rich list, having lost $8.7bn (£6.62bn) in a torrid year for his social media website. Amazon founder Jeff Bezos fared considerably better than his compatriot, topping the list for the second year in a row with a jaw-dropping $131bn fortune. Read more: American [...]
Trump: China wants a deal ‘very badly’ August 26, 2019 Donald Trump helped stocks rebound today as investors bought into renewed hope of a trade truce between the US and China. At the end of a characteristically unpredictable weekend of mixed messages from the US President, Trump said that he believed China wanted to reach an agreement to end the standoff. Markets were rattled earlier [...]
ii view: Microsoft results put shares in the clouds July 19, 2019 By Keith Bowman from interactive investor. Technology behemoth Microsoft is now far more than Windows and Word, evidenced by latest results. Fourth-quarter results ending 30 June 2019 Revenue up 12 per cent to $33.7 billion Operating income up 20 per cent to $12.4 billion Returned $7.7 billion to shareholders Chief executive Satya Nadella said: “It was a record [...]
Investment banking boost helps Barclays despite £1.4bn PPI charge October 25, 2019 Barclays has confirmed a £1.4bn hit to its balance sheet following a rush of payment protection insurance (PPI) claims. The British bank also warned that a gloomy global economic outlook could make it harder to hit profit targets despite posting a double-digit rise in pre-tax profit for its third quarter today. Read more: Amazon shares [...]
No business is an island in the fight against climate change September 23, 2019 Last Friday, adults joined forces with students to inspire a call to action on the Earth’s climate and ecological emergencies. More than a thousand Amazon employees planned a walkout, and we saw the Trade Union Congress urge their members to support climate strikers. Regardless of what you think of people taking time off work to [...]
Alphabet, Twitter and Starbucks send Wall Street to record highs July 27, 2019 Two of the main indexes in the US, the S&P 500 and Nasdaq, ended Friday on record highs after significant gains from the likes of Alphabet and Starbucks. It came on the back of data that showed US economic growth had slowed less than expected in the second quarter. Read more: US economic growth falls [...]
Three reasons behind Mothercare’s fall into administration November 4, 2019 Mothercare’s UK retail business is set to collapse into administration, despite a rescue plan implemented last year, the retailer confirmed today. Mothercare has filed a notice of intent to appoint administrators to its 79 UK stores after determining they were “not capable of returning to a level of structural profitability”. So what exactly went wrong? [...]