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 [...]
Time to address the elephant in the room: AI’s impact on legal fees January 7, 2025 Last year, the legal sector saw record-level salaries and large mergers, all while rolling out every AI policy under the sun. So what does 2025 look like?
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 [...]
UK funding for AI startups surges but still lags behind US January 6, 2025 AI startups captured 25 per cent of all UK venture capital funding in 2024, totalling $15.9bn (£12.8bn) – a sharp rise from $3.1bn (£2.5bn) four years ago. Balderton Capital’s latest data shows that 2024 was the second best year on record for AI investment in the UK. The sector’s value has more than doubled in [...]
Monzo, Open AI, Revolut and Klarna: The IPOs to watch out for in 2025 January 3, 2025 While economic uncertainty prompted a cautious approach to IPOs in 2025, several high-profile companies are preparing to float in 2025. From leading fintechs such as Monzo, Revolut, and Klarna to global giants such as OpenAI and SpaceX, some of the most exciting growth companies in recent years could IPO this year. Here is a look [...]
Trump could be an opportunity for private equity January 3, 2025 Donald Trump is both a disruptor and a deal-maker, so it’s possible to see an emerging scenario of greater stability and security in the Middle East, which can only be a good thing for investors in the region, says Karim Souaid In a month’s time, Donald Trump will be back in the Oval Office and [...]
Battle for IOC presidency needs rigorous candidate tests January 2, 2025 The position of president of the International Olympic Committee (IOC) isn’t quite the leadership of the free world, but is arguably more influential on the global stage than the heads of many nations, both free and not-so-free. It comes with far fewer constraints on the post-holder’s power too. Little wonder that seven sporting presidents, vice-presidents, [...]
The new meeting etiquette: to bot or not? January 2, 2025 The dos and don’t of using AI in meetings while safeguarding your business’ culture and values, according to Amale Ghalbouni Artificial Intelligence has woven itself into the very fabric of every modern business. And while AI has found a natural home in places where productivity is of the essence, meetings and workshops remain a place [...]