Investors eye Concurrent Technologies as it navigates chip shortage storm January 5, 2022 Concurrent Technologies has enjoyed a share price jump today after confirming to shareholders that it has successfully navigated the chip shortage storm so far. The global shortage of semi-conductor chips amid the pandemic has prompted several automotive and technology firms to draw back production due to the restricted supply over the past 12 months. However, [...]
Tech Special: The jobs, sectors and countries most at risk of automation and robotics in 2022 January 5, 2022 Digital change and automation are driving enormous productivity gains in the world of work. However, the rapid changes mean many individuals, businesses and even entire nations will be hugely impacted by automation and tech, with some roles and jobs to be replaced by robots altogether. Many of the industries that are most at risk of [...]
Google launches hacker crack down as it snaps up Israeli cybersecurity firm Siemplify for £371m January 4, 2022 Google, also known as Alphabet, has acquired Israeli cybersecurity startup Siemplify for an estimated $500m, as the giant gears up for the rise in cyber attacks and data breaches.
Banker bots: Amid increasing competition for top talent, banks could turn to AI January 4, 2022 Banks could begin to turn to artificial intelligence (AI), after the competition for top talent has prompted a battle of who can name the highest salary figure for newcomers. JPMorgan and Goldman Sachs have already dedicated teams to modernising their M&A advisory and capital markets businesses. And with pay for junior analysts at rival Morgan [...]
US phone giants delay 5G rollout following airplane safety fears January 4, 2022 Two of the largest US phone firms have agreed to delay the rollout of 5G services following government concerns about airplane safety.
Elizabeth Holmes found guilty of four counts of fraud after Theranos blood testing scandal January 4, 2022 Theranos founder Elizabeth Holmes has been found guilty of conspiring to defraud investors. A jury in California found Holmes guilty on four of 11 counts, including conspiracy to commit fraud against investors and three counts of wire fraud. Holmes was accused of knowingly misleading investors over her blood testing start up, lying that her technology [...]
Apple becomes first company to hit $3n market value January 4, 2022 Apple became the first company to reach a $3tn stock market value, before slipping slightly at the end of the day on Monday. The Silicon Valley titan hit a record high of $182.88, placing Apple’s market value just above $3tn yesterday. The stock ended the session up 2.5 per cent at $182.01, with Apple’s market [...]
Best of 2021: The iPhone 13 is an extraordinary device December 31, 2021 Those following the launch of Apple’s iPhone 13 Pro could be forgiven for thinking it doesn’t push the envelope far beyond last year’s already-excellent 12 Pro. It’s essentially the same chassis, distinguishable only by the new colourways – notably Gold and the powdery Sierra Blue – and a marginally smaller “notch” housing the front-facing camera. [...]
UK to donate up to £105m in global emergency pandemic aid December 30, 2021 The UK will donate up to £105m in emergency pandemic support as the latest wave of Covid-19 sweeps the world. With a particular focus on Africa, which has seen the lowest rates of testing throughout the pandemic, the funds will be used to help scale-up tracking systems. Increased testing will help scientists and government’s gain [...]
Musk urges there is room for ‘billions’ of satellites in Earth’s orbit, following SpaceX backlash December 30, 2021 Elon Musk has urged that there is room for “tens of billions” of satellites in Earth’s orbit, amid concerns that SpaceX is hoarding space for its own. The European Space Agency suggested that Musk was blocking out smaller rivals in space. It is not the first time the billionaire has drawn criticism from the agency, [...]