Tech training top of the agenda for UK businesses January 28, 2021 UK businesses are prioritising digital transformation amid the pandemic with tech training coming top of the agenda. The pandemic has seen a rapid uptake in digital adoption as consumers are forced to shop online and businesses are being forced to adapt. An overwhelming majority of large firms have said the pandemic has prompted them to [...]
Exclusive: Friendship app Yubo to expand workforce 10-fold this year, says CEO January 28, 2021 In a year that saw UK schools close their doors and social gatherings move to video platforms, Gen Z ‘friendship’ platform Yubo saw live streams increase by 550 per cent, with streamers spending an average of two hours per day on the app. Since its launch in 2015, the platform that connects people based on shared interests has [...]
Competition watchdog opens probe into Facebook’s Giphy takeover January 28, 2021 The UK competition watchdog has launched a formal investigation into Facebook’s takeover of popular gif search engine Giphy. Facebook last year announced it planned to merge the gif-maker with Instagram in a deal worth a reported $400m (£321m). The Competition and Markets Authority (CMA) served an initial enforcement order in June, forcing the social media [...]
Apple earns $100bn in single quarter January 27, 2021 Silicon valley giant Apple has earned more than $100bn in its first quarter of 2021, making it one of just a handful of firms to ever have done so. Apple’s revenue for the quarter ended December 26 rose 21 per cent to $111.44 billion. Earnings per share rose to $1.68 from $1.25. Analysts had expected [...]
Tesla achieves first-ever $10bn quarter January 27, 2021 Tesla has posted its first-ever $10bn quarter following a successful year that saw its founder, eccentric billionaire Elon Musk, become the world’s richest person. Tesla beat Wall Street estimates for fourth-quarter revenue after beating 2020 deliveries earlier this month on a steady rise in electric vehicle demand. The carmaker, led by billionaire entrepreneur Elon Musk, [...]
Facebook revenue beats analyst expectations and rises to £28bn in fourth quarter January 27, 2021 Revenue at Facebook rose to $26.44bn in the fourth quarter of 2020, up some $7bn on the same time last year. Facebook beat analysts’ estimates for quarterly revenue on today, powered by increased ad spending by businesses to capitalise on a holiday shopping season driven online by the pandemic. Total revenue, which comprised primarily of [...]
Pay phone: Would you spend £1m on a mobile number? January 27, 2021 You may be willing to splash out £1,500 on a new iPhone, but would you add another seven figures to that to secure the ‘phone number of your dreams’? London-based entrepreneur Usain Kubah has just released what he says is the world’s most expensive phone number, which will set you back a million pounds. The [...]
Apple set to break $100bn quarterly sales record as tech boom continues January 27, 2021 Apple’s bullish run shows no signs of slowing down, with the tech giant expected to join an exclusive club of companies to have earned revenue of more than $100bn (£730m) in a single quarter. Analysts have predicted quarterly revenue of $102.6bn for the iPhone maker, which would mark year-on-year growth of 12 per cent — [...]
Scientists warn of 50,000 more Covid deaths as they slam ‘poor decisions’ January 27, 2021 “A legacy of poor decisions” led the the UK to have one of the highest coronavirus death tolls in the world, scientists have said, as they warned of 50,000 further deaths. Britain yesterday passed the “grim milestone” of 100,000 Covid-related fatalities, marking the fifth-highest death toll in the world. It makes the UK the fifth [...]
Cancer drug may reduce Covid load in lungs by 99 per cent January 27, 2021 Spanish pharmaceutical company PharmaMar claims its cancer drug Aplidin has the potential to reduce any Covid-19 load in lungs by 99 per cent. Already authorised to treat tumours in some markets, Aplidin blocks a protein associated with the virus and prevents viral replication, leading to the near-complete eradication of Covid viral loads in the lungs [...]