Belfast boost: PwC to create 800 new jobs in Northern Ireland’s capital June 16, 2021 Professional services giant PwC plans to create close to 800 new jobs in Belfast. The 771 posts are part of a £40m investment in the company’s new Advanced Research and Engineering Centre, which will open in the city next month. The jobs will be created over the next five years. The new centre is part [...]
98 per cent of hedge fund managers plan to put investment bets on crypto June 16, 2021 Hedge funds are increasingly betting on crypto, as an ‘overwhelming majority’ of senior staff eye digital asset investments over the next five years, according to a new report. The report by Intertrust, which surveyed 100 senior-level professionals, found that 98 per cent expect funds to invest in digital assets in the next five years. The [...]
Bitcoin recovery stalls at $40,000 as malaise sweeps alt markets June 16, 2021 Bitcoin’s recovery appears to have stalled somewhat at $40,000, despite yesterday popping its head briefly above $41k for the first time in nearly a month.
Switzerland vies to become Europe’s AI hub June 15, 2021 With approximately 8.6 million people and four official languages (German, French, Italian, and Romansh), Switzerland is uniquely at the heart of Europe but without being a member of the European Union. In global terms, Switzerland does not even enter the top five as an ‘AI leader’. But when it comes to Europe and its place [...]
$40,000 achieved as Paul Tudor Jones piles in on Bitcoin June 15, 2021 Bitcoin continues to surf a wave of good news, with yesterday adding bullish billionaire investors to recent national adoption news, Musk’s re-emergence, and more MicroStrategy buying.
Bitcoin tests $40k again with positive vibes from Africa and Tesla June 14, 2021 What started as another weekend of woe for Bitcoin turned on a sixpence yesterday, with the leading cryptocurrency soaring 12 per cent over the last 24 hours.
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 [...]