Qualcomm ready to swoop on Arm if $40bn Nvidia deal is blocked June 14, 2021 US tech giant Qualcomm has said it is ready to invest in British chipmaker Arm if a planned $40bn (£28bn) takeover by rival Nvidia is blocked by regulators. Nvidia last year agreed the bumper takeover deal for Cambridge-based Arm, but the merger is facing a national security review and competition probes in the UK and [...]
As seen on screen: How a London advertising firm uses AI to place products in films June 12, 2021 In Call My Agent, the hit French TV series about perennially pressurised talent agents, two characters are seated at the boardroom table in their swanky Parisian offices, a mug of Carte Noire coffee sat squarely in front of each. At first glance, this appears nothing more than some straightforward product placement — a form of [...]
Bullish week sees Bitcoin recover market dominance, but will it last? June 11, 2021 The leading cryptocurrency by market cap hit a high of $38,334.33 yesterday, though it’s since fallen back to just above $37,000 this morning.
Morning Digest: What’s shaping today’s business agenda June 11, 2021 Here’s City A.M.’s look at what the business world is talking about this morning. The bounceback begins:Britain’s economy grew by 2.3 per cent in April as the country took the first tentative steps back to normality. Services unsurprisingly saw the biggest boost and the top-line number would have been higher had it not been for [...]
John Lewis exclusive: ’40 per cent of our profits will come from non-retail by 2030′ June 11, 2021 High Street giant John Lewis looks back on a difficult year. In March, the 157-year old partnership announced it would not reopen eight stores after lockdown restrictions eased, putting almost 1,500 jobs at risk. The value of John Lewis stores dropped to almost half the value they were before this year’s and last year’s writedowns, due [...]
UK and US double down on tech collaboration amid China threat June 10, 2021 The UK and the US today agreed to deepen ties in science and tech innovation, as the West looks to stave off growing competition from China. As part of the revised Atlantic Charter agreed by Prime Minister Boris Johnson and President Joe Biden today, the two sides vowed to form a new partnership to create [...]
El Salvador adoption sparks Bitcoin boost – is a return $40k in sight? June 10, 2021 Bitcoin roused from its slumber yesterday, charging back from a low of $32,475 to more than $37k in a matter of hours.
Businesses struggle to develop staff remotely June 9, 2021 Over a third of businesses have struggled to train staff remotely during the global pandemic, a new survey suggests. The UK Government plans to remove restrictions so more people can return to the office from 21 June but the survey results suggest business leaders are still split over the future of working practices. Senior decision [...]
El Salvador’s Bitcoin adoption as legal tender triggers start of market recovery June 9, 2021 Crypto markets show some signs of recovery as El Salvador becomes first country to make Bitcoin legal tender.
How to read Bitcoin’s curves and beat the government printing process June 8, 2021 Analyst Dr Chris Kacher takes a detailed look at how Bitcoin's curves can be used to find the right time to invest.