As electric cars follow the trajectory of the smartphone, software will be the turf war September 13, 2021 When Steve Jobs launched Apple’s iPhone in January 2007, the mobile phone industry was turned on its head. At the time, Jobs described the iPhone as a “revolutionary product” and said that Apple was “reinventing the phone”. This was a rare occasion where a businessman’s hubris was justified. With the iPhone, Apple changed the way [...]
Michael Saylor buys up another 5,050 Bitcoin for MicroStrategy September 13, 2021 MicroStrategy – the world’s first PLC to hold Bitcoin – has bought more of the flagship cryptocurrency, taking its total holdings to a staggering 114,042 BTC worth almost $5.1bn.
Government unveils biggest ever renewable power auction round September 13, 2021 The government today unveiled the biggest ever funding round for its flagship renewable energy scheme as it seeks to accelerate investment into green energy sources. Under the fourth round of the Contract-for-Difference programme, £200m will be made available to support the development of offshore wind farms. By the end of the decade, ministers have set [...]
PwC to reveal pay gap between employees from different social classes September 13, 2021 PwC will publish data about the pay gap between its employees of different socio-economic backgrounds, the Big Four firm has reportedly said. The details, which will be published this week, will mark the first time the accounting giant makes such information public according to This is Money, which first reported the news. The pay gap [...]
It’s working: UK Covid vaccination programme slashes death likelihood September 13, 2021 Only 640 of the more than 51,000 people who died of Covid-19 within the first six months of this year were fully vaccinated, according to the latest figures. The data from the Office for National Statistics (ONS), for the months between 2 January and 2 July, has found that the UK’s immunisation programme is reducing [...]
Epic Games to appeal ruling in Apple case September 13, 2021 Epic Games, the company behind Fortnite, has announced it will appeal a US court ruling which judged Apple’s controversial app store fees do not break monopoly laws. Epic Games accused Apple of creating a monopoly after its developers were kicked off the app store for flouting payment rules which allow the tech giant to siphon [...]
ABF pins ‘lower than expected sales’ at Primark on summer pingdemic September 13, 2021 Sales at Primark, a subsidiary of Associated British Foods, have dipped below expectations in the last year, as Gen Z shoppers move away from fast fashion brands. In its pre-close trading update for the full year to 18 September, Associated British Foods (ABF) said: “We have seen a significant improvement in trading as the period [...]
Gig economy: Dutch court rules Uber drivers are employees not contractors September 13, 2021 In the latest victory for gig economy workers fighting for improved rights, a Dutch court has ruled that Uber drivers are employees rather than independent contractors. The decision entitles Uber drivers to greater workers’ rights, and in some cases makes them eligible for back pay. Amsterdam’s District Court ruled that drivers who work through the [...]
Gradual recovery: Central London shows signs of return to the office September 13, 2021 Central London has begun to show signs of a return to the office, but the capital’s retailers and attractions are yet to reap the benefits of a complete footfall recovery. Londoners marching back to the office has seen footfall levels lift 4.2 per cent, but foot traffic as a whole has slumped 7.8 per cent [...]
S4 Capital raises revenue predictions for third time this year September 13, 2021 S4 Capital, a digital advertising company led by Sir Martin Sorrell, has revised its annual revenue predictions upwards after intake climbed 56 per cent in the first half of the year. Revenue stood at £279.3m for the six months ending April 30, up 98 per cent compared to the same period in 2020 while operational [...]
