By: Clara Guibourg

Clara Guibourg is an Online Writer at City A.M. She can be contacted at clara.guibourg@cityam.com. She is particularly passionate about women in business, technology and telecoms.

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TalkTalk share price plunges twice as deep as Sony, Carphone Warehouse, Barclays and EBay after cyber attacks

November 13, 2015

Investors may have begun flocking back to crisis-struck TalkTalk after better-than-expected quarterly results, but the company’s shares have still plunged twice as deep as other hacked companies. Over 150,000 of the embattled telco firm’s customers had their personal data exposed in a hack that was made public on 22 October. In the weeks that followed, [...]
France GDP: French economy returns to modest growth fuelled by accelerating domestic demand

November 13, 2015

The French economy returned to modest growth, as fresh data showed the country’s GDP growing by 0.3 per cent in the third quarter, boosted by accelerating domestic demand. Growth has been fluctuating over the year, to say the least. After surprising economists by ballooning out by 0.7 per cent in the first three months of [...]
Tech firm Softcat prices London Stock Exchange IPO at 240p a share

November 13, 2015

UK IT infrastructure and services provider Softcat has priced its IPO at 240p a share, giving the firm a value of £472.3m, a month after announcing its intention to float on the London Stock Exchange. Softcat’s flotation will raise £153.4m, which could rise as high as £176.4m if additional shares are sold. Conditional dealings will [...]
Microsoft launches blockchain cloud-based platform with startup ConsensYs to make blockchain experimenting easy

November 12, 2015

Looks like Microsoft is getting serious about blockchain. The tech giant is teaming up with startup ConsensYs to launch a cloud-based blockchain platform that will enable financial institutions to experiment with the lauded technology that underlies cryptocurrencies like bitcoin. “Working with our customers that wanted to start playing around with blockchain technology, the major pain [...]
Liberty Interactive spinning off CommerceHub and Expedia Holdings

November 12, 2015

Liberty Interactive is spinning off two new units, CommerceHub and Liberty Expedia Holdings. Travel firm Expedia’s parent company is splitting off its e-commerce software division to CommerceHub. Liberty Expedia Holdings, meanwhile, will include the group’s full 18 per cent stake in Expedia, but also the site bodybuilding.com. Expedia recently posted bookings up by 21 per [...]
Blockchain is the single biggest fintech innovation of the decade

November 12, 2015

Despite the enormous attention being lavished on digital currencies such as bitcoin, the reality of the situation is we won’t see one hit the mainstream for many years. Before central banks commit to issuing a digital pound or dollar they will need to be assured about several factors, including proof that there are no vulnerabilities [...]
Apple working on iPhone-to-iPhone payments

November 12, 2015

Apple doesn’t want to become a bank, insists chief exec Tim Cook, shutting down longstanding rumours that the tech giant will be pushing into the financial services industry. But on the same day, a new report suggests that Apple has big plans for a new mobile payment system: one that would allow iPhone users to [...]
China’s Singles Day 2015: Alibaba broke sales records and made £9.4bn in 24 hours

November 12, 2015

Alibaba just smashed sales records for China’s Singles Day, netting £9.4bn in sales in just 24 hours. Singles Day is China’s biggest shopping holiday, and yesterday’s results broke all previous records, as the e-commerce giant revealing its sales figures showed. The company passed last year’s record-breaking revenue of £6.12bn by half day yesterday, and landed [...]
UK house prices: Buyers and sellers care about completely different things when assessing the value of a property

November 12, 2015

What would you care most about when buying a house? That it smells of fresh-baked bread or what the local crime figures are like? You might think that buyers and sellers would place value on similar things, especially considering that most people in the process of buying one house are also simultaneously selling another, and [...]
Why migration is necessary to unlock European growth

November 12, 2015

The “European model” that has provided security and prosperity across the continent has, for the first time, found itself seriously questioned by a combination of political, economic and fiscal threats. Welfare models across Europe are seen as no longer sustainable. Flows of migrants have accelerated to crisis point. Support for right-wing and nationalistic parties has [...]

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By: Clara Guibourg

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