Post-float lock-up hits Darktrace shares November 3, 2021 Darktrace's plummet continues, with shares slumping as investors offload stock at the end of the company's post-float lock-up.
Microsoft announces its own metaverse November 2, 2021 Microsoft has said that in the first half of next year, users of its Teams collaboration software would be able to appear as avatars in video meetings, signalling a shift to the metaverse.
Exclusive: Brands fall short of customer engagement and interaction, warns digital ad guru October 29, 2021 In today’s increasingly digital-led way of life, retailers, service providers and other businesses are digitalising more of their operations and dealing with customers across a range of channels, whether it’s via a website, mobile app, email and other messaging formats, social media, or even the old-fashioned phone call. But according to Daniel Homoki-Farkas, UK managing [...]
Swipe right for a job: Brits turn to dating apps for their next career move October 29, 2021 Dating apps are increasingly being used for networking and job-hunting purposes, it has emerged. One in 10 Brits admit that they turn to the likes of Tinder, Bumble and Plenty of Fish exclusively for networking or to find new employment. according to new research shared with City A.M. today. Additionally, nearly one in 10 people [...]
Hello Meta: Zuckerberg announces Facebook’s new name October 28, 2021 Facebook’s chief executive Mark Zuckerberg announced in his keynote address that the company starting today will be called Meta. “Facebook is one of the most used products in the history of the world and it’s an iconic social media brand but increasingly it just doesn’t encompass everything that we do,” Zuckerberg said. “I want to [...]
City banks and financial services firms bet heavily on tech and data analytics October 27, 2021 Banking and financial services firms plan to step up their tech investments in the coming 12 months to improve both front and back-end technology. In fact, nearly three in four financial institutions has made improving the quality of their core technologies a priority, while 65 per cent of financial services players plan to pump more [...]
Software group Aveva announces revenue growth October 27, 2021 AVEVA, specialists in engineering and industrial software, announces a revenue growth of approximately 9 per cent in the first half of the financial year on a pro forma organic constant currency.
Tik-ing time bomb: Social media companies told to crack down on money mule ads October 27, 2021 City bigwigs have demanded social media companies clamp down on “money muling” ads on their platforms which could leave young people blacklisted from credit for life. Teenagers are being targeted on TikTok by criminals who promise quick money in exchange for participating in fraudulent activity, or so called “money muling”. An increasing number of teens [...]
Cloud services push Microsoft results sky high October 26, 2021 Microsoft beat expectations in its fiscal first quarter results published last night, with revenue up 22 per cent. First quarter revenue at Microsoft reached $45.3bn (£32.9bn), a figure that surpassed the $43.9bn sum pencilled in by analysts. The tech giant’s winning results were largely attributed to the success of its cloud-based services, with revenue in [...]
Twitter falls short of user estimates as class action weighs on losses October 26, 2021 Twitter’s monetisable daily active users fell short, the company reported. In its third quarter results, the social media platform registered 211 daily active users, falling short when compared to analysts’ estimates of 212.6 million. “Average monetizable daily active users (mDAU) reached 211 million, up 13 per cent year over year in the third quarter, accelerating [...]