Microsoft becomes shareholder in the London Stock Exchange Group December 12, 2022 Microsoft snapped up a stake in the London Stock Exchange Group this morning, as big tech continues to disrupt the world of trading. As part of the deal, Microsoft will buy a four per cent stake in the exchange worth about £1.5bn from Blackstone, Thomson Reuters, Canada Pension Plan Investment Board and Singapore’s sovereign wealth [...]
Twitter brings back paid blue tick but charges iPhone users more December 12, 2022 Twitter’s paid blue tick made a comeback today after its rollout was paused due to a flurry of impersonators. The social media firm said the verification badge would cost an extra $3 per month for Apple users, meaning that Android users will pay $8 (£6.99) per month for the premium badge, while iPhone owners will [...]
Twitter to relaunch revamped subscription service with higher cost for iPhone users December 11, 2022 Twitter is to relaunch a refreshed version of its subscription service tomorrow, with a higher price tag for iPhone users. Users can subscribe to the service in order to be able to edit tweets, upload higher quality videos and get a blue checkmark. It comes at a price of $8 per month through the web [...]
Vodafone has grown ‘too fat’ warns French activist investor December 11, 2022 The French activist investor keeping Vodafone’s board on its toes said this weekend that the telecoms giant had become “too fat, too slow (and) too complex.” Xavier Niel, who holds a significant chunk of the firm’s shares, told the Sunday Times the giant needed to sell infrastructure and “smaller non-core assets in order to regain [...]
MWek Solutions launches Regulatory Outsourcing and Technology business December 9, 2022 | Sponsored MWek Solutions comes to the market at a time of need, where regulatory and compliance uncertainty combined with opaque market activity has caused immeasurable damage. For those businesses left, having the correct internal processes in place have now become a priority for future success. Regulations and compliance will become a necessity and not a nice [...]
‘Web 3.0’ venture investment in freefall as crypto winter shakes market December 8, 2022 Investment into crypto firms has been in freefall this year as a deep ‘crypto winter’ sends shockwaves through the sector and causes venture capital firms to turn off the funding taps.
Former Theranos COO sentenced to nearly 13 years for defrauding investors December 8, 2022 The former president of Theranos was sentenced to nearly 13 years in prison last night for defrauding investors and patients before the defunct health-tech firm’s collapse. Ramesh “Sunny” Balwani, the former chief operating officer of the blood testing group, faces a longer jail term than founder and former girlfriend Elizabeth Holmes. The 155-month prison sentence [...]
Incorporating business purpose into corporate social responsibility: how and why December 8, 2022 | Sponsored Consumers, candidates and society, in general, seek to live in and create a much fairer world where the organisations they purchase from or are employed by mirror their personal values and purpose. This fairer world benefits all of us – especially young people facing a rapidly changing world. More and more organisations are placing social [...]
Apple expands data-encryption practices in security push December 7, 2022 Apple plans to to significantly expand its data-encryption practices, allowing users to make photos and notes stored on its iCloud service even more private. The tech giant said it would expanding the end-to-end encryption protections in its iCloud service as the security threats increase across the world. The feature, known as Advanced Data Protection for [...]
GSK and Sanofi shares jump with investor fears soothed by Zantac ruling December 7, 2022 Shares in GlaxoSmithKline (GSK) and Sanofi jumped today, after thousands of claims apart of the Zantac lawsuit were dismissed. Investors’ fears were soothed yesterday when US district judge Robin Rosenberg rejected 50,000 claims in federal court for not being based on sound science. GSK’s shares jumped around eight per cent to 1,498.00p per share in [...]