Apple hits back at App Store competition probe with UK jobs claim March 15, 2021 Apple today said its App Store supports 330,000 jobs in the UK as it hit back against a probe into claims it treats app developers unfairly. Earlier this month the Competition and Markets Authority opened an investigation into whether Apple imposes unfair or anti-competitive terms on developers after it received a number of complaints. The [...]
Apple leads $50m funding round in record label disruptor United Masters March 31, 2021 Apple has led a $50m (£36m) investment in United Masters, an independent music platform aiming to challenge the dominance of major record labels. United Masters, which was founded in 2017 by former label executive Steve Stoute, provides a platform for artists to distribute their music while retaining ownership of their master recording rights. This is [...]
Before the Bell: Investors look to the Fed and zoom in on Apple and Facebook January 27, 2021 Markets in Europe look set to continue to be driven by the prospect of further restrictions being imposed by governments concerned about seeing further increases in coronavirus cases, from speculation about a third lockdown in France, which could come by the weekend, to the prospect of further restrictions here in the UK in the form [...]
Electric cars will lead to a design transformation on the scale of iPhones & Apple laptops March 6, 2021 There was a golden age of car design that ran from the mid 1950’s to early 1970’s. Cars like the Jaguar e-type, Ferrari Dino, or Pontiac Firebird emerged; they were not only engineering miracles, but objets d’art. During this time, the imagination of the auto industry was running wild, setting out ambitious visions of the [...]
IMF: China must ‘reinvent itself’ to boost shaky economy March 24, 2024 China needs to take "decisive" steps to fix its struggling housing market and address its rising government debt, the IMF's chief has said.
Buy Now Pay Later lenders in fight for survival, says Moody’s November 9, 2023 Moody's says that tightening financial conditions and rising competition has brought challenges for independent Buy Now Pay Later lenders.
FTSE 100 today: London markets brace for lower start amid Middle East geopolitical turmoil April 15, 2024 Asian stocks fell amidst Middle East tensions post Iran's attack on Israel, while gold rose as a safe haven. Oil and Bitcoin saw declines. Investors are watching UK CPI, US retail sales, and earnings from Goldman Sachs, Bank of America, Blackstone, American Express, and Netflix.
Apple acquisitions: Tech giant buys a company every three to four weeks February 24, 2021 As the giants of Silicon Valley jostle for pole position in the escalating technology arms race, mergers and acquisitions are often the name of the game. But the scale of Big Tech acquisitiveness has been laid bare after Apple boss Tim Cook revealed his company has snapped up roughly 100 companies over the last six [...]
Royal Mail appoints former Apple exec as new boss January 11, 2021 Royal Mail has this morning announced that director Simon Thompson will become its new chief executive. The former Apple executive will move into the top seat today, with interim chief Stuart Simpson to leave at the end of January. Simpson has been managing the firm on a temporary basis since May, when Rico Black quit. [...]
FTSE 100 today: UK stocks set to open higher as rate cut odds strengthen; ECB in focus June 6, 2024 Asian markets mirrored Wall Street's surge. All eyes are on the ECB's likely rate cut and Christine Lagarde's press conference.