Does big tech have a blind spot? August 5, 2021 The giants of Big Tech have emerged as the undoubted corporate victors of the past decade. Throughout that period, companies like Amazon, Facebook, and Google dominated the global marketplace, capturing ever-larger market shares and destroying upstart competitors in their way. These firms built impressive businesses, and investors rewarded their achievements with doubly impressive valuations: the [...]
M&C Saatchi’s biggest shareholder Murria confirms takeover plans that look to ‘bolster’ tech January 7, 2022 The biggest shareholder in M&C Saatchi is proposing an all share exchange merger with her acquisition vehicle to provide more deal firepower for the ad group and bolster its tech capabilities, her company said this morning.
Revolut to boost staff by 40 per cent this year amid rapid expansion April 24, 2024 Revolut expects to grow its global headcount by around 40 per cent in 2024 as the fintech pushes for rapid expansion and bucks a recent trend of layoffs among major financial and tech firms.
Clifford Chance tech lawyer says London law firm should adopt Silicon Valley work culture February 23, 2022 A rising star lawyer at Magic Circle law firm Clifford Chance has called on the Canary Wharf headquartered firm to appoint a “Chief Happiness Officer” after submitting a manifesto to his colleagues calling on the firm to create a Californian style work culture. Clifford Chance partner Jonathan Kewley, who is standing for the position of [...]
Surging tech megacaps power Nasdaq to another peak September 1, 2021 A surge among tech megacaps powered the Nasdaq to another record high during early trading on Wall Street today. The US’s tech-heavy benchmark has since fallen back from its fresh peak, but is still up 0.65 per cent to 15.358.32 points during mid-morning exchanges. The blue-chip S&P 500 jumped 0.18 per cent to 4,531.01 points [...]
Advertising tech firm Smartly snaps up London-based Ad-Lib for $100m January 6, 2022 View Post Advertising technology giant Smartly has snapped up a London-based Google advertising firm as it looks to broaden its reach beyond social media. Ad-Lib, which provides Google-focused creative advertising services, was acquired by Helsinki-based Smartly for over $100m, the Wall Street Journal reported. Smartly’s technology previously focused on providing paid social media advertising services [...]
Long fraud trial looms for tech tycoon Mike Lynch as Priti Patel approves extradition to US January 29, 2022 The extradition of British technology tycoon Mike Lynch to the United States to answer criminal fraud charges has been approved by Home Secretary Priti Patel. “On January 28, following consideration by the courts, the extradition of Dr Michael Lynch to the US was ordered,” a Home Office spokesperson said last night. “Under the Extradition Act [...]
Exclusive: Half of all Brits no longer trust tech giants with their personal data November 12, 2021 Nearly half of Britons no longer trust Big Tech companies to safeguard their personal data, according to new research that was shared exclusively with City A.M. today. Only one in four Brits believe Big Tech firms have their best interests at heart, according to a survey by cloud solution provider NexGen Cloud. This comes amid reports that [...]
Non-invasive filler alternatives for healthier-looking skin May 23, 2024 When wrinkles appear and gravity takes its toll on your face, you might consider invasive treatments like botox and fillers. But with skincare tech improving, it's worth holding off.
HP wins civil case against UK tech tycoon Mike Lynch as extradition order looms January 28, 2022 Hewlett-Packard has won the majority of its civil case against British tech tycoon Mike Lynch over its acquisition of Autonomy in 2011, a London judge said this morning, though damages will be considerably less than the £3.7bn claimed. The American technology giant sued Lynch, Autonomy’s founder, and its former chief financial officer Sushovan Hussain, following [...]