FAANGs out: Tech stocks set to continue slide after losing $172bn in a single day October 11, 2018 Yesterday's $172bn (£130bn) tech stocks slide is set to worsen today, as pre-market trading indicates each of the so-called FAANG companies could stand to lose further value. Amazon was the worst hit overnight, losing an additional 2.24 per cent on top of yesterday's 6.15 per cent slide which wiped around $56bn off its market capitalisation. Apple [...]
UK recruitment giant Hays sees share price slip despite strong overseas performance October 11, 2018 Shares in leading recruitment firm Hays slumped more than 10 per cent in early morning trading, as a rise in net fees seemingly did little to ease investor nerves about currency headwinds and volatility in the sector’s UK market. Hays reported a nine per cent like-for-like growth in net fees in the quarter to the end [...]
First impressions from this week’s Google hardware event, which revealed the Pixel 3, Pixel Slate and Google Home Hub October 10, 2018 At this week’s Google event, the search giant opened with a rather sheepish admission, following comprehensive leaks of its latest flagship Pixel phones. “We hope you agree that we’re better at making hardware than keeping secrets.” But while the physical aspects of the new Pixel 3 and Pixel 3 XL phones were already known about [...]
Kyle Edmund: Can the British No1 make it to the ATP Finals in London next month? October 10, 2018 Kyle Edmund may have lost last weekend in the semi-finals of the China Open, with eventual winner Nikoloz Basilashvili denying him the opportunity to win a maiden ATP title, but an even greater prize still remains well within his reach this year. The British No1, who has risen from 50 to a career-high 14 in [...]
Amazon abandons sexist AI-powered recruiting tool October 10, 2018 Amazon has reportedly had to scrap an artificially intelligent recruitment tool built by its in-house engineering team, after sources told Reuters the results began to be skewed in favour of male candidates. Five members of the team who worked on the tool in 2014 said it began to teach itself that male candidates were preferable over [...]
Tania Bruguera in the Tate Modern Turbine Hall continues a downward trend for the once great exhibition space October 5, 2018 The Turbine Hall is the toughest gig in contemporary art. While it must feel like a dream commission, it often proves to be a poisoned chalice. Filling the largest public exhibition space in the world requires massive art and super-massive ideas. It needs to be engaging, without descending into a crowd-pleasing fairground attraction. And while [...]
Here’s how to capitalise on the freelance revolution October 4, 2018 By 2020, half of the UK’s workforce will be freelance. It’s a staggering shift. Or is it? We shouldn’t actually be that surprised, as we’re at the start of the next work revolution. Employee disenchantment with the corporate lifestyle – marked by long and stressful days, poor work-life balance, and salaries not keeping pace with [...]
City Moves for 3 October 2018 – who’s switching jobs at Healx, WorldRemit and Audere Solutions? October 3, 2018 Today's City Moves cover health, research and FX. Take a look at these movers and shakers: Healx Healx, the Cambridge (UK) technology company developing breakthrough treatments for rare diseases, today announced the appointment of Kate Hilyard as chief operating officer (COO). A senior pharma executive, with extensive drug discovery expertise, Kate’s appointment underlines Healx’s mission [...]
Crypto A.M. shines its spotlight on Varius World Tech October 2, 2018 The betting and gaming marketplace is growing rapidly with more players joining online or using land-based casinos as a place of enjoyment and entertainment. Despite this growth there is a lack of trust from players who cannot be certain that the house edge (the profit a casino or gambling company makes from games played) is [...]
Artificial intelligence and automation can make your workplace more human September 27, 2018 Every day, it seems we see new headlines about the consequences of artificial intelligence (AI) and robotic process automation (RPA), predicting everything from the end of work to the creation of hyper-productive cyborg workforces. The subject fuels debate and controversy, stoked along the way by potent fears for the future of humans and their jobs. [...]