Nvidia must ‘step up to the plate’ after $1.5 trillion rally Tech The world’s most valuable listed company is expected to report another surge in sales and profits after the US market closes, with Wall Street forecasting quarterly revenue approaching $79bn (£58.9bn). But investors are increasingly questioning how long Nvidia can sustain growth at its current pace after the stock added more than $1.5tn in market value [...]
Bezos calls taxing low-paid Amazon workers ‘absurd’ Tax Jeff Bezos has said low-paid Americans should pay no federal income tax, describing the idea of taxing some Amazon workers as “absurd”, as the billionaire founder renewed his criticism of the US tax system. Speaking to CNBC on Wednesday, Bezos said the “bottom half” of US taxpayers should pay zero federal income tax, arguing the [...]
Google and Blackstone take aim at Nvidia in $5bn AI bet Tech Alphabet’s Google and Blackstone are launching a $5bn (£3.7bn) AI infrastructure firm in one of the clearest signs yet that Big Tech is trying to loosen Nvidia’s grip on the AI boom. The deal, as first reported by The Wall Street Journal, will see the pair create a new US-based AI cloud and data centre [...]
HSBC is the only UK name on $13 trillion list of top global brands May 14, 2026 The rise of AI has shaken up an influential ranking of global big-name firms, as the competition to become one of the world’s elite brands becomes fiercer than ever, according to an influential index tracking the corporate elite. The Kantar Brandz Top 100 – which ranks the value of brands – unveiled on Thursday, is [...]
Ebay rejects Gamestop’s not ‘credible nor attractive’ $56bn bid May 12, 2026 Global commerce giant Ebay has dismissed an audacious play from video game retailer Gamestop that sought to merge the two companies into a new titan to take on the dominance on Amazon. Ebay’s chairman Paul Pressler said the firm’s board had “thoroughly reviewed [the] proposal and has determined to reject it”. In a letter to [...]
Big Tech wants a slice of the fashion world. But why? May 6, 2026 From Amazon to Meta, Big Tech is snapping up Met Gala tables and Vogue covers, but why, asks Anna Moloney.
Outernet CEO: Profiting from art shouldn’t be shameful May 5, 2026 The stigma of 'selling out' is unhelpful and outdated. Art and commerce have always coexisted, writes Outernet CEO Philip O'Ferrall.
Gamestop makes $56bn play for Ebay to take fight to Amazon May 4, 2026 Video game retailer Gamestop has made an unsolicited bid for e-commerce site Ebay in a bid to take the fight to Amazon. The world’s largest brick-and-mortar entertainment software retailer has made an offer to snap up Ebay that values the platform at $125 a share – a $20 premium on the stock’s closing price in [...]
Big Tech results: Alphabet soars as Meta meta sinks on spending plans April 30, 2026 The four largest AI players reported quarterly earnings simultaneously for the first time on Wednesday, delivering a broadly positive set of results that nonetheless triggered a sharp divergence in after-hours share price moves. Alphabet led the pack, with Google’s parent company posting revenue of $109.9bn (£81.6bn) a 22 per cent rise on the same period [...]
Is this the Green Party’s worst policy yet? April 30, 2026 The Green Party is proposing a 10:1 pay ratio ensuring senior leaders earn no more than 10 times their most junior employees. It’s a policy even China thought was too extreme, says Joanna Marchong British politics has never been more fragmented. The combined Conservative and Labour vote share continues to dip, while the Greens are [...]