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      ‘Calm before the storm’: City warns Healey growth spurt won’t last

      Patrick Healey in a suit with a red tie, looking contemplatively to the left, with an American flag behind him.

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      Chelsea valuation doubles under BlueCo to £5bn as Boehly and Walter eye exit

      Todd Boehly, Chelsea FC co-owner, eating a snack and holding a cup, wearing a gray coat and blue scarf.

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      London hotels call on GLA to halt overnight visitor levy plans

      Crowd of tourists and locals walking along the Thames River with the iconic Tower Bridge in London, UK, on a sunny day.

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Tech

  • Elon Musk reveals he has Asperger’s in Saturday Night Live appearance

    May 9, 2021

    Eccentric billionaire Elon Musk has revealed he has Asperger’s syndrome during an appearance on US sketch show series Saturday Night Live. The Tesla founder told viewers he was the “first person with Asperger’s” to host the show, “or at least the first person to admit it”. It is thought to be the first time the [...]

  • City Corporation calls on policymakers to help UK compete with US for tech listings

    May 7, 2021  |  City Talk

    The City of London Corporation has today (7 May) published a new research report calling on policymakers to take vital steps to improve the UK’s attractiveness as a destination for new listings. London’s Equity Capital Markets Ecosystem finds that the UK should act to address the current disparity which exists with competitors, notably the US which [...]

  • AI is growing: How do we create fair technology we can trust in, and minimise the risks of gender bias?

    May 7, 2021  |  City Talk

    This year marks 20 years since Spielberg’s sci-fi / drama movie came to our screens: A.I. Artificial Intelligence – and in 2021, AI is no longer the work of science fiction. In the last 20 years, AI uses have been explored for human benefits in numerous industries. AI has played a key role in developing vaccines against [...]

  • Rocket debris racing for Earth, expected to arrive tomorrow

    May 7, 2021

    Debris falling from a Chinese rocket is expected to land on Earth tomorrow, amid concerns it could cause damage upon re-entry into the atmosphere. A Chinese foreign ministry spokesperson Wang Wenbin urged today that most of the debris will be burned up on re-entry and is highly unlikely to cause any harm. The Defence Department [...]

  • UK spooks warn councils over ‘smart city’ cyber attack threat

    May 7, 2021

    Smart cities that use technology to make services more efficient are an “attractive” target for cyber attackers looking to disrupt British infrastructure or steal data, UK spooks have warned. The National Cyber Security Centre (NCSC), which is part of GCHQ, today issued a new set of security principles for local authorities to ensure their networks [...]

  • Ericsson and Samsung ink deal to end global patent dispute

    May 7, 2021

    Ericsson and Samsung have signed a multi-year agreement on global patent licences between the two companies, ending a legal battle that hit the Swedish firm’s first-quarter revenue. In a statement this morning Ericsson said the cross-licence agreement covers sale of network infrastructure and handsets from the beginning of this year. The two tech firms have [...]

  • German e-car boom will hit 178,000 workers unless companies focus on re-skilling

    May 6, 2021

    The electric cars boom will hit 178,000 workers in Germany unless companies gear up efforts to re-skill their employees, a report has shown today. The country’s auto industry will suffer more employees retiring than the labour market can keep up within the coming years, the Ifo institute said. With battery-driven cars requiring less assembly work [...]

  • Uber books $600m hit from UK drivers’ rights ruling

    May 6, 2021

    Uber has booked a $600m (£431m) hit following a landmark court ruling that forced the ride-hailing giant to pay its drivers minimum wage and holiday pay. The San Francisco-based app last night said it had incurred the costs to settle historical claims relating to the classification of drivers as workers during the first quarter. In [...]

  • Demand for food delivery helps Uber narrow losses in the first quarter

    May 5, 2021

    Uber said it saw continued demand for its food delivery business in the first quarter but bookings in its ride-hailing division were flat on the previous quarter. The company delivered revenue of $2.9bn in the first quarter but took a $600m hit to account for a settlement relating to the classification of its UK drivers. [...]

  • How video games could be the next frontier in the WFH revolution

    May 5, 2021

    By this time last year, most of us were already experiencing Zoom fatigue. A month of working remotely had taken its toll and the endless queue of video meetings seemed to exemplify the creeping malaise of this new way of working. Phil Spencer, head of Microsoft’s games division Xbox, soon came up with a novel [...]

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