France will tax Amazon and Facebook as tech tax talks with the EU falter December 18, 2018 France expects to pull in around €500m (£450m) each year as it introduces a new tax on major technology companies such as Amazon and Apple. Speaking in Paris, finance minister Bruno Le Maire said he would push ahead with the tax plans after talks to establish an EU-wide version collapsed earlier this month, AFP reported. [...]
Why voice assistants are set to make their ‘presents’ known this Christmas December 18, 2018 Christmas is now only a week away, and unsurprisingly gadgets will be taking up a lot of space under the tree, as people want to get their hands on the latest tech. Voice assistants are set to be an affordable, useful gift for many this year, and have become one of the hottest presents on [...]
From tech to Trump – here’s what prompted the big market moves of 2018 December 18, 2018 From Brexit to trade wars, nothing has been plain-sailing about 2018. It’s been a year of peaks and troughs across all major markets, so let’s have a look at the big moves of the past 12 months. Tech in turmoil This was the year when the tech giants raced to become the first ever $1 [...]
Apple still in violation of Chinese court order, insists Qualcomm December 18, 2018 Qualcomm has said it believes Apple to still be in violation of a Chinese court order to stop selling certain iPhone models, despite a software update pushed through by the tech giant yesterday. The Californian company is currently embroiled in an ongoing global dispute with chipmaker Qualcomm, of which the court order is just one [...]
Google to fork out $1bn on new NYC campus, one week on from Apple’s splurge in Texas December 17, 2018 Alphabet's Google will invest more than $1bn (£793.6m) on building a new campus in New York, following in the footsteps of fellow tech giant Amazon in picking the US financial capital for expansion. Named Google Hudson Square, the new 1.7m square foot campus will consist of leased properties on New York’s technology corridor. The company said [...]
Productivity lessons from the procrastinator Prime Minister December 17, 2018 Can we assume, given that you’re reading this section of the paper, that you are currently delaying doing something you really ought to be focusing on? I don’t mean to lecture you. I myself currently have an Oliver Spencer tab or two open on my browser. I spent most of last Wednesday Googling the viability [...]
The unstoppable rise of podcasts: How an industry was reborn December 16, 2018 It seems nothing can stop the rise of podcasts. On-demand listening has become the sine qua non of the commuter; the lifeblood of dinner party conversation. Popular podcasters attract millions of listeners, and advertisers are starting to reap the rewards. And yet podcasts are not a new phenomenon. They predate Facebook, Youtube and Twitter, and [...]
Apple updates iPhone software in attempt to dodge China ban December 14, 2018 Tech giant Apple has said it will be pushing out a software update to its iPhone smartphone in China next week, as it attempts to work around an upcoming sales ban on several models. The Californian company is currently embroiled in an ongoing global dispute with chipmaker Qualcomm, which believes Apple has infringed a number [...]
Apple to spend billions on new tech centres across the US December 13, 2018 Apple has said it will invest billions of dollars in spreading its physical presence across the US over the next five years, and aims to create 20,000 jobs in the process. The iPhone creator today said it will spend $1bn (£792m) on building a new tech campus in Texas, expanding its existing operations in the [...]
‘Non-sexy’ is the new cool: UK fintech predictions for 2019 December 13, 2018 Despite the continued uncertainties of Brexit, 2018 was another year for the UK’s fintech sector. Record levels of investment poured into the community, with $16bn secured in the first six months of 2018, exceeding the value of investment in US fintech by almost $2bn. In addition, progressive regulation and a thriving financial services sector attracted [...]