Amazon Fresh: What does the expansion mean for UK supermarkets? July 28, 2020 Amazon’s announcement that it will offer free grocery deliveries for Prime customers represents a step up in competition between the internet giant and the UK supermarkets. The US company, which bought upmarket grocery chain Whole Foods in 2018, will offer free Amazon Fresh delivery in London and the South East from today. Plans are in [...]
SoftBank aiming to buy back Arm stake ahead of high-stakes New York IPO August 14, 2023 SoftBank is reportedly in talks to buy back the remaining 25 per cent stake in Cambridge-based chip designer Arm its own investment unit established in 2017. In a strategic move ahead of Arm’s impending float in New York, Japanese tech company SoftBank is looking to regain Vision Fund’s quarter stake in order to fully own [...]
Amazon to create 7,000 new UK jobs in latest expansion push September 3, 2020 Amazon today said it will create a further 7,000 new permanent roles across the UK, taking total new jobs this year to 10,000. The Silicon Valley tech giant has already added 3,000 jobs this year across its fulfilment centres, sort centres and delivery stations. The new roles will be spread over 50 sites, including corporate [...]
Amazon rolls out free grocery deliveries for Prime customers July 28, 2020 Amazon Prime customers will be able to order grocery deliveries to their home for free, the e-commerce giant announced today, in a huge blow to high street supermarket giants and small retailers. The tech titan will roll out free deliveries via its Amazon Fresh grocery service to Prime subscribers across 300 postcodes from today, with [...]
All eyes on Silicon Valley as Big Tech braces itself for a tense earnings week July 25, 2022 2022 has undoubtedly been a year of turbulence for tech stocks, battling major sell-offs and supply chain woes.
Help someone drive safe this winter with a premium dash cam November 11, 2022 Nextbase’s award-winning dash cams could be the perfect — and most responsible — gift this Christmas. The cameras serve as a guardian on the road and drivers could save up to 30% on their insurance just by having one installed. This helps support them from false liability claims, while protecting their no claims bonus. The [...]
‘Magnificent Seven’ sell-off ahead of big week for big tech April 22, 2024 Big tech share prices have been dented by a sector-wide sell-off of risky assets ahead of four "Big six" firms reporting Q1 results.
Exclusive: Laybuy up for sale after turbulent time on public markets April 16, 2024 Buy-now pay-later firm Laybuy has put itself up for sale and is hunting for potential buyers following a turbulent few years on the public markets, City A.M. can reveal.
Big tech faces break-up as Amazon, Apple, Facebook and Google accused of ‘monopoly power’ October 7, 2020 Amazon, Apple, Facebook and Google have all abused their market power and could face a potential break-up, according to a damning new report backed by US Democratic politicians. In a 449-page recommendation released yesterday, the US House Antitrust Committee set out a roadmap for cracking down on the tech giants. The report follows a 16-month [...]
Essex fire extinguisher seller seeks to raise £3m on London’s AIM June 14, 2022 A British fire safety company, that first started selling its product on Amazon, is seeking to raise £3m by listing on London’s AIM. Essex-based fire safety firm Lifesafe Technologies is planning to float on London’s alternative market after it first began selling its “5-in-1” fire extinguisher on Amazon in August 2021. The company’s lightweight fire [...]