Siri showed us how much we want speech recognition to work – and how bad it can be October 22, 2021 Ten years ago Apple launched Siri. It was described as a “humble virtual assistant”, using natural language processing to interpret and action voice commands. It was seen as a major step forward for speech and voice recognition, with one analyst describing it as “a powerful harbinger of the future use of mobile devices – not [...]
Value of litigation funders’ war chests hits record highs as investors seek to bankroll UK class actions June 20, 2022 THE value of UK litigation funders “war chests” has hit record highs of £2.2bn, as investors are increasingly bankrolling class-action lawsuits in a bid for higher returns. The value of assets held by third-party litigation funders, for use in bankrolling cases, has increased ten-fold over the past decade, having doubled in the past three [...]
Amazon European retail arm paid no taxes on €51bn of sales in 2021 April 20, 2022 Amazon's European retail business reported losses of €1.16bn (£963m) in 2021 allowing the company to pay no income tax.
Elon Musk blames ‘woke mind virus’ for making Netflix ‘unwatchable’ April 20, 2022 Elon Musk has slammed Netflix as "unwatchable" after shares tumbled by more than a third on news subscribers are jumping ship.
Tesla pauses Shanghai output amid fresh Covid-19 lockdown March 28, 2022 Tesla has reportedly paused output from its factory in Shanghai, China’s largest city which has entered a fresh lockdown today. The carmaker, founded by billionaire Elon Musk, has notified its workers and suppliers of the move, Reuters first reported, citing people familiar with the matter. Shanghai officials said last night that they would impose a [...]
The Notebook: Victoria Scholar on tech stocks, strikes and cheap cars February 6, 2023 Falling out of love with Big Tech US technology giants have been reporting their latest financial earnings in recent weeks with a mix of the good, the bad, and the ugly. Until the turn of 2021/22, Big Tech was a firm favourite among investors, scoring impressive share price gains in the years building up to [...]
Only fast fixes can save the London Stock Exchange from a 2024 exodus February 9, 2024 The London Stock Exchange has been bruised and battered over the past two years. James Ashton, CEO of the Quoted Companies Alliance, warns the Chancellor the time is now for action
Grassroots ESG: Retail activist investment platform Tulipshare raises $11m December 7, 2021 Tulipshare is targeting the next generation of shareholders by tapping into their booming interest in retail investment and demand for a corporate ESG overhaul. After launching in July, the London-based startup has raised $10.8m in seed funding from investors including Eurazeo, Speedinvest and Frst, and received backing from the co-founders of friend locator app Zenly [...]
FTSE 100 close: London ends week down after US jobs figures February 2, 2024 US tech stocks dominated overnight news, all eyes will turn to US non-farm payrolls report, which are out at 1.30pm.
Crypto overtaking world’s most valuable company, proves doubters are wrong October 14, 2021 Crypto AM columnist Nigel Green points to five reasons why the Bitcoin bashers have got it wrong about cryptocurrency.