What a second Trump term could mean for Tiktok and Big Tech November 11, 2024 By the eve of returning US President Donald Trump’s inauguration, Tiktok must find a foreign buyer to replace its Chinese owner or risk being banned from the US entirely, due to a law passed in April. But Bytedance, the app’s parent company, is pushing back. It has lodged a legal challenge calling the measure unconstitutional [...]
Vodafone: FTSE 100 giant set to report after Three deal gets boost November 10, 2024 Vodafone's share price has barely moved this year, up just over three per cent since January, despite an ongoing turnaround effort.
The ESG Imperative: Why finance leaders must move beyond tradition November 8, 2024 ESG is no longer optional; it’s a necessity for long-term viability. The ESG Future Growth Forum London offers a vital platform for leaders ready to look beyond the quarterly numbers and fully embed ESG into the organisation’s DNA, says Joel Blake The London finance sector is no stranger to disruption. We’ve navigated seismic shifts, from [...]
Salesforce cuts over 450 UK jobs as profit spikes November 7, 2024 The UK arm of cloud-based software giant Salesforce cut more than 450 jobs in the year its profit jumped by over 70 per cent. The London-headquartered division of the US group decreased its headcount from 3,427 to 2,964 in the 12 months to 31 January, 2024, newly-filed accounts with Companies House have revealed. The new [...]
Nvidia dethrones Apple as world’s most valuable company November 6, 2024 Nvidia has toppled Apple as the world’s most valuable company after Apple signalled to investors that it may never match the profitability of its flagship iPhone in future products. Chip designer Nvidia hit a market capitalisation of $3.43t (£2.66t) at close yesterday after the stock rose nearly three per cent, nudging Apple’s $3.38t (£2.62t) into [...]
Nimbees: Rare bees foil Meta’s position in data centre arms race November 5, 2024 Plans for Mark Zuckerberg’s Meta to establish a nuclear-powered AI centre in the US have been disrupted due to a discovery of a rare bee species on the land targeted for the project. Meta aimed to partner with an existing nuclear power plant to secure carbon-free power for a new data centre, essential for advancing [...]
Retail sales growth slumps in October as consumers remain cautious November 5, 2024 Retail sales growth dipped in October due to pre-election anxiety, the latest figures have shown. According to the British Retail Consortium (BRC)-KPMG sales monitor, retail sales in the UK increased by 0.6 per cent year over year in October, compared to 2.6 per cent growth in October 2023. Food sales nudged up 2.9 per cent [...]
Employers wake up! Your staff are already using AI in the office November 4, 2024 Employees are outpacing their own employers when it comes to using AI. It's time for companies to catch up, writes Lorraine Barnes.
Data centres: The UK’s economic powerhouse? November 4, 2024 A new report claims that, given the right investment climate and policy support, the UK data centre sector could grow tenfold by 2035. TechUK’s report found that the sector could boost the economy by £44bn while creating over 40,000 jobs. The report also outlined how surging demand for digital services, fuelled by tech trends such as AI, [...]
Cricket, rugby and football stars invest in health start-up November 4, 2024 England rugby international Courtney Lawes and Arsenal footballer Ben White are also among the 60 professional sportspeople invested in The Players Fund.