Samsung: Profit falls but investors look Nvidia partnership January 8, 2025 Samsung Electronics flagged weaker-than-expected profit for its final quarter of 2024, yet optimism around future high-performance memory sales boosted its stock by 3.4 per cent on Wednesday. In this morning’s report, the company attributed this miss to memory chip prices, soft smartphone demand, and heaving R&D spending. Samsung’s efforts to remain relevant in the AI [...]
Google Cloud flies in Microsoft and Accenture veteran for UK and Africa expansion January 8, 2025 Google Cloud has appointed a former Microsoft corporate vice president and 25-year Accenture veteran as vice president for the United Kingdom, Ireland (UKI) and Sub-Saharan Africa, as the tech giant looks to bolster its presence. The tech behemoth shared the news on Tuesday, with Maureen Costello taking charge of sales strategy and operations across the [...]
Piers Morgan quits Rupert Murdoch’s News UK to focus on YouTube January 8, 2025 Piers Morgan has quit Rupert Murdoch’s empire to focus on his YouTube channel, ‘Piers Morgan Uncensored’, in a four-year revenue sharing agreement with News UK. The deal will allow News UK to receive a portion of the advertising revenue until 2029, according to Sky News’ Mark Kleinman, reported on Tuesday. His production company, Wake Up [...]
Zuckerberg’s Meta drops fact checking filters in return to ‘free speech’ January 7, 2025 Meta, the parent company of Facebook and Instagram, announced that it will end its third-party fact-checking program, replacing it with a community-driven approach akin to X’s ‘community notes’. The decision comes as chief executive Mark Zuckerberg seeks to repair ties with newly elected President Donald Trump, with the company also recently pledging $1m to Trump’s [...]
Getty Images and Shutterstock announce merger January 7, 2025 Getty Images and Shutterstock have agreed to merge in a $3.7bn (£2.9bn) deal, forming a combined entity under the name Getty Images Holdings, geared to monopolise the stock image market for creative, media, and advertising industries. The merger was announced on Tuesday, and is expected to close following regulatory and shareholder approvals. The merger is [...]
Apple to fix AI tools after being accused of ‘misleading’ headlines by the BBC January 7, 2025 Apple has announced plans to update its AI-powered notification feature following a formal complaint from the BBC regarding inaccurately outlined news headlines. The BBC complained about the tech giant’s use of its Apple Intelligence feature last month after several high-profile errors. These included a false claim that Rafael Nadal had come out as gay and [...]
Nvidia neck and neck with Apple as world’s most valuable firm as stock rises January 7, 2025 Nvidia‘s stock rose by 3.4 per cent on Tuesday to $149.43 (£118.95) per share bringing it neck-and-neck with Apple, following various launches for the tech giant at the CES in Las Vegas on Monday. At the annual conference, the firm revealed a host of new products from new gaming chips, a personal AI supercomputer and [...]
Crypto ranked among top three alternative investments in 2024 January 6, 2025 Crypto and digital assets emerged as the third most popular investment of the past 12 months, driven by a 49 per cent surge in online searches. Whisky and Wealth Club’s research highlighted cryptocurrencies as one of the top three performing alternative investment sectors, alongside peer-to-peer lending and music royalties. Despite their notorious volatility, digital assets [...]
2025 Predictions for Apple, Microsoft, Tesla, and other tech leaders January 6, 2025 The Magnificent Seven group of leading tech companies: Apple, Nvidia, Microsoft, Amazon, Alphabet, Meta and Tesla, gained a combined 63 per cent in 2024, building on 2023’s strong performance. Deutsche Bank revealed the group generated more profit in 2024 than most national stock markets. However, JP Morgan has projected their contribution to S&P 500 earnings [...]
Amazon broadband coming to the UK in challenge to Elon Musk’s Starlink January 6, 2025 Amazon has announced its plans to enter the UK’s broadband market, intensifying its long-standing rivalry with tech tycoon competitor Elon Musk and his satellite internet constellation, Starlink. Through its Project Kuiper initiative, the tech giant revealed its intentions to provide high-speed internet to homes, businesses and government customers across the UK. The move, which was [...]
