IT provider Softcat soars in full year results amid strong demand October 26, 2021 IT services provider Softcat reports record full-year results to 31 July 2021 amid strong public sector demand and corporate recovery
Facebook’s quarterly earnings shoot up to £6.5bn as it weathers whistleblower storm October 26, 2021 Facebook has recorded third quarter earnings of £6.5bn as it weathers a storm of blistering claims from a former employee. The company reported a net income for the three months ending on September 31 of $9bn, or £6.5bn, up from $7.8bn for the same period in 2020. Backlash against the technology firm has been intensifying [...]
Zuckerberg condemns “coordinated effort” to paint Facebook in a bad light October 25, 2021 Facebook’s chief executive and founder Mark Zuckerberg denounced “the coordinated effort to selectively use leaked documents to pay a false picture” of the social media platform. In his calls to investor to discuss the third quarter results, he said: “I believe large organisation should be scrutinised. I much rather live in a society where they [...]
Facebook delivers good Q3 but expects Q4 to be below estimates October 25, 2021 Facebook has delivered a good progress in the third quarter of 2021, said the company’s chief executive Mark Zuckerberg while announcing the company’s results. “We made good progress this quarter and our community continue to grow,” he said. “I’m excited about our roadmap, especially around creators, commerce and helping to build the metaverse.” The social [...]
Government boosts Highlands and opens Europe’s biggest IT centres October 22, 2021 The UK Government has opened two new IT service centres in the Scottish Highlands, creating 250 jobs and boosting the area’s local economy. Situated in Nairn and Inverness, the two sites will look after all of the Ministry of Defence’s 200,000 IT customers, providing 24/7 assistance throughout the whole year. Part of a five-year contract [...]
All eyes on Snap after shock Thursday wiped 24 off share price October 22, 2021 Snap shares fall 24% yesterday in after-hours trade as the social media group posted its outlook for Q4, citing Apple's new privacy policies as the cause.
Apple Watch Series 7, review: Stylish but lacks killer feature October 21, 2021 Now in its seventh generation, the Apple Watch is approaching elder statesman status. It’s a fine piece of kit, both useful and stylish, but has entered a phase in its development cycle where improvements have become incremental: a smaller bezel here and a better battery there. For new buyers, that’s great news: the Series 7 [...]
Ethics – the foundation for a better world October 21, 2021 | City Talk This week has been a special one for us at ACCA. Wednesday was Global Ethics Day – an important occasion in the calendar that we celebrate annually as it aligns with our values. It’s a day where businesses and individuals can reflect and explore the meaning of ethics and their impact on life and society. [...]
Venture capital firms circle London tech scale-ups as financial injections hit record £20bn October 21, 2021 A record high of over £6.5bn was invested by venture capital firms in UK scaleups over the summer, taking the total amount to £20bn so far this year, according to new research shared with City A.M. this morning. After two extraordinarily high quarters in 2021, UK scaleups continued to attract funding from across the globe [...]
Orbex unveils world’s most carbon neutral space rocket ahead of COP26 October 21, 2021 Space technology firm Orbex has unveiled what is thought to be the world’s most ‘environmentally friendly’ rocket. The Scottish firm’s space rocket, known as Prime, will emit be up to 96 per cent less emissions than comparable space launch programmes, according to a new study by Exeter University. The rocket uses a renewable, ‘ultra-low-carbon’ fuel, and [...]