Meta nabs Apple AI chief – a win for Zuckerberg or a sign of Apple’s weakness? July 8, 2025 Meta has reportedly secured another coup in the escalating race for AI dominance, poaching Apple’s head of AI models, Rooming Pang, in a deal said to be worth tens of millions of dollar a year. While Pang’s defection might be viewed as a clear win for Mark Zuckerberg’s much-hyped ‘super intelligence’ project, it also casts [...]
Hey Siri: Can ChatGPT save Apple’s AI woes? July 1, 2025 After years of insisting it could do AI its own way, Apple is now reconsidering that approach – and the implications could reshape its core product experience. The iPhone maker is in talks with Anthropic and OpenAI about powering a revamped Siri, reported Bloomberg, potentially swapping out its own foundation models for one of their [...]
Cavendish chiefs: Markets need tax incentive to turn heads June 27, 2025 The bosses of investment bank Cavendish have joined calls to use more attractive tax policy to boost market listings, amid a waning backdrop for the London Stock Exchange. The London-listed company swung back into profit on Wednesday, but did so battling against woeful mergers and acquisition volumes. Takings from M&A slumped 55 per cent on [...]
Is Apple losing the AI war? June 26, 2025 Apple’s position in the rapidly evolving artificial intelligence landscape is increasingly precarious. While rivals such as Google, Microsoft and even Samsung have surged ahead by integrating large language models (LLMs) and generative AI into their products, Apple’s progress has been notably cautious and incremental. Commentators and insiders alike question whether Apple is losing the race [...]
Inside the privacy risks of Meta’s new AI app June 16, 2025 Meta’s push into consumer-facing AI has triggered a wave of concern among privacy experts and regulators, as its new chatbot app quietly exposes sensitive user data through a public-facing feed – an issue that has surfaced in multiple jurisdictions, including the UK. Launched in April, the standalone Meta AI app integrates directly with users’ Facebook [...]
Ninety One: Asset manager hopeful of ending years of outflows June 4, 2025 Ninety One was hopeful of ending years of fund outflows after the FTSE 250 firm recorded a positive second-half performance. The asset manager, which is based in London and Johannesburg, has recorded only a single year of net inflows since its 2020 flotation after clients pulled a combined £25bn from the firm. But on Wednesday, [...]
Google faces £25bn UK lawsuit over ad monopoly claims May 28, 2025 Google is facing a £25bn legal claim in the UK, as a new lawsuit accuses the tech giant of abusing its dominant position in the online search advertising market, driving up prices for UK advertisers over more than a decade. The claim, filed with the Competition Appeal Tribunal (CAT) and led by Roger Kaye KC, [...]
Microsoft is past its glory days says UK fund manager May 19, 2025 Liontrust’s global innovation fund team made a striking call that bucks the conventional wisdom of leading tech stocks by saying that Microsoft, one of the world’s most valuable firms, may no longer be a long-term winner. Storm Uru and Clare Pleydell-Bouverie, co-managers of Liontrust’s Innovation Fund, have told City AM they no longer hold any [...]
Google pays up as antitrust scrutiny heightens May 13, 2025 Google’s recent settlement of $1.38bn (£1.05bn) with the state of Texas marks a significant moment in the tech titan’s ongoing legal battles over both privacy violations and anti-competitive practices. The settlement, which resolves two major lawsuits filed in 2022, accused Google of secretly collecting biometric data such as facial recognition and local tracking, without user [...]
Apple looking at raising iPhone prices May 12, 2025 Apple is considering raising prices for its next iPhone lineup, with increases likely tied top new features and design changes, rather than ongoing US-China trade tensions. The current lineup ranges from $799 to $1,199. Yet analysts believe the newest model, Pro Max, could hit $1,900 if its pricing reflects upgrades and tariff costs. The Wall [...]