Magic circle Clifford Chance equity partners pocket over £2m July 24, 2024 Clifford Chance's revenue had double-digit growth as it reports its highest rate of revenue increase since 2017, with the firm tipping this to its investment in the US
Why doesn’t the UK government run its own venture capital funds, like China? July 24, 2024 With how essential venture capital is to the UK economy, why isn't the government running its own VC funds?
Interactive Brokers is ready to shake up the UK trading market July 23, 2024 “Why is it,” Gerald Perez, the UK boss of global brokerage giant Interactive Brokers, told City A.M., “that UK investors can trade anywhere around the world on our platform for less than £3, but other platforms charge £10 for investors to trade in their home market?” Although it’s currently a fairly small player in the [...]
Raspberry Pi is a ‘buy’: Analysts compare British chip stock to Microsoft, Apple and Nvidia July 23, 2024 Analysts believe Edge computing could be a game-changer for Raspberry Pi.
IBM: AI demand boosts UK profit by more than £100m July 23, 2024 Demand for IBM's AI and hybrid cloud services helped profit at its UK arm surge by more than £100m in 2023, it has been revealed.
Eagle Eye: Lucrative Tesco and Morrisons deals boost loyalty scheme specialist’s revenue July 23, 2024 Lucrative contracts with the likes of Tesco and Morrisons and a pitch win with the bookseller Waterstones helped personalised marketing firm Eagle Eye to rake in bumper revenue and bolster its cash position, its latest results showed.
Cutting edge tech at the Open: AI digital humans, private 5G, giant screens – and owls July 23, 2024 City A.M. goes behind the scenes at the Open Championship with NTT Data to hear why golf majors work for sponsors — and how owls keep the high-tech digital operation working. Where can you find the best men’s golfers playing against each other? It’s an increasingly relevant puzzle for sponsors, broadcasters and fans of the [...]
The Crowdstrike disaster was bound to happen. The cloud is a chokepoint in our interconnected world July 23, 2024 Last week, Crowdstrike caused a global tech meltdown due to a botched software rollout. The incident should be seen as a dry run for the next time someone throws a spanner into our globally interconnected tech ecosystem, writes Andy Blackmore.
Vue cinemas get box office boost as AI takes over its film scheduling July 22, 2024 Cinema chain Vue has said using artificial intelligence (AI) to create "algorithm-driven film schedules" has helped to boost its admission numbers and profit.
WazirX, Li.Fi hacks show continuing hacker threat for crypto July 22, 2024 Li.fi protocol, a bridge that links the Ethereum and Solana Blockchains as well as helps users bridge their crypto funds across various Layer 2s, was hacked for over $9 million in stablecoins this week.