Golden year for startups: London may be heading for a post-pandemic unicorn boom September 15, 2021 The last 15 months has provided every aspect of society with an unprecedented challenge, not least to small firms and founders. The response of this section of business, however, has been nothing short of inspiring, with nearly 800,000 new firms incorporated in 2020. The response of the investors who back them has been equally stirring, [...]
Apple’s new iPhone 13: Faster chips, sharper cameras and 5G September 15, 2021 Apple unveiled the iPhone 13 and a new iPad mini last night, expanding 5G connectivity and showing off faster chips and sharper cameras without raising the phone’s price. To encourage trade-ins, participating wireless carriers are offering incentives that could make a new phone free. Watch the full report.
Exclusive: UK fraud is big business at £52bn each year, says financial crime guru September 15, 2021 Financial crime, fraud and hacking soared during the pandemic as criminals took advantage of behavioural changes during three strict lockdowns. In fact, fraud and cybercrime jumped by nearly a third in the last twelve months. Time for City A.M. to catch up with financial crime guru Richard Wood, a former Morgan Stanley fraud manager who [...]
Despite new iPhone 13 release, Apple shares could be in for a another drop September 15, 2021 As Apple released the new iPhone 13 and other new products, O’Neil Global Advisors’ Randy Watts explains why and what could push Apple shares lower. Watch the full report.
Darktrace hikes revenue forecasts after punchy start to listed life September 15, 2021 Cybersecurity firm Darktrace this morning hiked its revenue forecasts for 2022 as it made a strong start to life as a listed company. The company said that it expected revenue growth of 35 to 37 per cent next financial year, the second time in recent months that it has upped its predictions. The confident outlook [...]
Apple shares unmoved by release of new iPhone 13 September 15, 2021 Apple unveiled its fresh iPhone models last night, which mirror last year’s editions and left its share price unmoved. The technology giant’s shares dipped 0.96 per cent to 148.12 cents a share by market close yesterday. It’s share price closed at 149.55 cents a share the day prior to the release. Similar to last year’s [...]
Why business leaders need a growth mindset to positively influence the workplace of the future September 15, 2021 | City Talk Dr Anne-Marie Imafidon examines the need for leaders to understand advances in technology to positively influence the way we work. To many, technology, such as artificial intelligence (AI) and advanced robotics, may seem to exist in isolation within the computer labs of huge tech companies. They are something that experts are tinkering with, but don’t [...]
Exclusive: ‘I felt sorry for the people of Belgium,’ says Estonia’s Prime Minister September 14, 2021 An artificial intelligence assistant for every citizen? AI to help unemployed people back into work or to suggest a career change? Bots telling you when to visit your GP? All this may sound a tad futuristic, but not for the government of the tiny Baltic state of Estonia. In fact, the country has grand ambitions [...]
South Korea slaps Google with $177m fine for blocking Android operating system September 14, 2021 South Korea’s antitrust regulator has fined Google about $177 million for stopping firms from customising its Android phone operating system. Watch the full report.
Exclusive: MyTutor raises fresh funds to expand platform internationally September 14, 2021 London-based tutoring platform MyTutor told City A.M. this afternoon it has raised £15m in a round led by SEEK Investments and backed by existing investors, including Mobeus Equity Partners. The funding will enable MyTutor to expand internationally. The platform was the largest provider of in-school tuition in last year’s government-backed National Tuition Programme. “We are [...]