Bitcoin still climbing as it clings to fingerhold above $29,000 April 27, 2023 Bitcoin came within a hamster sneeze of $30k before dropping back to around the $29k mark where it languishes this morning.
Facebook owner Meta touts AI might as digital ads boost outlook April 27, 2023 Meta Platforms CEO Mark Zuckerberg said on Wednesday that AI was helping the company boost traffic to Facebook and Instagram and earn more in ad sales, as it forecast quarterly revenue well above analyst expectations. Meta shares surged 12 per cent in after hours trading, adding over $50bn (£40.06bn) to its market value and continuing a rally [...]
Self-driving cars will bring vital innovation to our roads – but we need new laws for it to work April 26, 2023 Self-driving cars will make our roads safer, bringing innovation to the UK. But we need regulation and clarity to ensure the industry can trust us as a place where it can flourish, writes Ben Everitt
Surprise price surge sees Bitcoin back above $28,000 as another US bank sends up a distress flare April 26, 2023 It’s unclear what pushed the price of Bitcoin past $28k but last night's rally follows First Republic Bank reporting a loss of $100 billion.
Google parent Alphabet announces stock buyback after modest beat on ad sales April 26, 2023 Alphabet Inc said on Tuesday it would buy back $70bn (£56.3bn) in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better than expected. Investors cheered the buyback plan, sending shares of the Google parent as much as 4 per cent higher in after-hours trade before [...]
Microsoft: Shares jump eight per cent as AI helps software giant’s sales beat expectations April 26, 2023 Microsoft beat Wall Street’s estimates for quarterly revenue and profit on Tuesday, driven by growth in its cloud computing and Office productivity software businesses, and the company said artificial intelligence products were stimulating sales. The company forecast revenue in its main segments for the current quarter would match or top Wall Street targets. Shares gained 8.3 per cent in after-market [...]
Sunak arrived late to the business charm offensive and still can’t catch up April 26, 2023 Rishi Sunak spent Monday flirting with business leaders, but Keir Starmer and Rachel Reeves are still winning the battle to court corporates.
Analysis: Sunak’s cringey love-in reminds us he’s a PM who wants to ‘do business’ April 25, 2023 There was no lectern for Rishi Sunak at the Business Connect conference. Striding across the stage at the glossy King’s Place venue in Islington, the PM was happily, confidently, on home turf; his equivalent of Starmer’s efforts to channel his inner toolmaker. While it was a slick suit and tie, as opposed to shirt sleeves [...]
Price of Bitcoin continues its sideways shuffle April 25, 2023 Bitcoin continues to drift around $27k, while Ethereum is down 1.7% from yesterday, having now pulled back 13% from last week’s highs.
Taste the Metaverse: Maison Assouline’s cocktail inspired by the digital world April 25, 2023 Best known as a publisher of opulent coffee table books on topics including culture, art, fashion, luxury goods and travel, Maison Assouline, nestled in the heart of Piccadilly, is a self-proclaimed “bastion of elegance”. Its London flagship is located in a century-old bank building, designed by the Cenotaph architect, Edwin Lutyens. With its high shelves [...]