Shares fall in Google parent Alphabet as Justice Department probe looms June 3, 2019 Shares in Google parent Alphabet took a beating this afternoon after reports that the company is about to be hit with a competition investigation. The company tumbled more than six per cent as markets opened in New York, its biggest drop since 30 April when it showed low revenues in its financial results. Read more: [...]
Microsoft to open first UK store in London, one minute away from Apple’s Oxford Circus store May 30, 2019 Microsoft has announced it will open a UK flagship store in London this summer. The tech giant’s first physical UK store will open in Regent Street on 11 July, just a one minute walk away from Apple’s London flagship branch. Read more: Stockwatch: When you should buy Amazon and Microsoft The branch near Oxford Circus [...]
These are the top 25 best-paying companies in the UK May 23, 2019 A report released today has revealed that the UK's 25 highest paying company's offer staff between £61,000 and £90,000 as a median compensation package. The list by job site Glassdoor is dominated by finance and tech firms, three of which have their headquarters in the UK. John Lamphiere, EMEA managing director at Glassdoor, said: “It [...]
Trump backs out of Christchurch online terror pledge May 15, 2019 The United States has refused to join other nations in signing a pledge to tackle the spread of violent and extremist content online. The White House said while it supported the document’s overall goals, it is “not currently in a position to join the endorsement”. Named the Christchurch Call, the statement asks governments and companies [...]
Royal Returns – Interactive Investor on funds and trusts fit for children May 15, 2019 | City Talk By Jemma Jackson from interactive investor. Whilst the latest addition to the Royal family won’t want for much, it’s unlikely that any investments made on his behalf will be left to languish in cash. This contrasts with the majority of the nation’s Junior ISAs, where 70 per cent by number are in cash in the 2017/18 [...]
San Francisco becomes first US city to ban facial recognition software May 15, 2019 San Francisco officials have voted to ban the use of facial recognition technology by local authorities in the latest regulatory clampdown on tech giants. The city’s board of supervisors voted eight to one in favour of the legislation, which would also require police and government departments to submit surveillance technology policies for vetting. Read more: [...]
Adobe partners with Software AG to personalise customer experiences May 15, 2019 Adobe has teamed up with German software giant Software AG to launch a new data platform that helps businesses create better messaging for their customers. The partnership, which combines the two firms’ software, will allow businesses to access data from different sources in real time to create a personalised customer profile. Read more: Adobe and [...]
Stockwatch: When you should buy Amazon and Microsoft May 9, 2019 | City Talk By Edmond Jackson from interactive investor. We've studied the charts, now our companies analyst runs through the fundamentals and gives his view. At a time of questions over durability of growth in US GDP and corporate profits, results in respect of Q1 2019 from Amazon.com Inc (NASDAQ:AMZN)and Microsoft (NASDAQ:MSFT) have beaten expectations. As a result, [...]
Why Airbnb, Paypal and Spotify are paying hackers to break their security May 2, 2019 Top global chief executives have willingly forked out more than $50m (£38m) to hackers amid growing concerns about cybersecurity threats. Bosses have paid so-called ethical hackers to help tighten up their cyber defences in a bid to avoid expensive and embarrassing data breaches. Read more: Government to roll out new cybersecurity laws for IoT products [...]
Extra large order: Beyond Meat hikes offering ahead of float April 30, 2019 A vegan burger startup sent signs of confidence through Wall Street today after raising the price range and size of its initial public offering (IPO). Read more: Vegan startup Beyond Meat brings plant-based burger to the UK In a move that could value the group at almost $1.5bn (£1.15bn), Beyond Meat is set to price [...]