Ex-Barclays boss: Banks must adapt or face ‘slow decline’ under pressure from tech firms June 12, 2023 Ex-Barclays boss Antony Jenkins has warned established banks that they could be in a “world of very slow decline” if they failed to adapt to new technologies. Speaking to City A.M., Jenkins said “this industry is really on the brink of having to undergo radical transformation if it’s going to remain relevant to its customers.” [...]
Crypto AM SPOTLIGHT on Swarm Markets: Paving the way for tokenisation of real-world assets June 11, 2023 Crypto AM turns its spotlight on Swarm Markets - a regulated blockchain platform and winner of the Crypto AM ‘Outstanding Contribution to DeFi’ award.
Planet Crypto: The Secret Diary of Sam Bankman-Fried, aged 30 and ¾ June 9, 2023 More mirth from the comedic crayons of Planet Crypto as they delve deep into the diaries of Sam Bankman-Fried and see what FTX is up to.
Wall Street: Bulls run again as S&P 500 climbs 20 per cent above October low June 9, 2023 Stocks rose just enough for Wall Street to barrel into a new bull market on Thursday as the S&P 500 keeps rallying off its low from last autumn. The index rose 0.6 per cent to carry it 20 per cent above a bottom hit in October. That means Wall Street’s main measure of health has [...]
Artificial intelligence is bringing about a revolution that the UK shouldn’t try to resist June 9, 2023 Artificial intelligence is creating a divide between life as it was and life as it will be. UK businesses and leaders shouldn't make the common mistake of refraining from it; they should embrace it, writes Chris Hirst
Apple’s virtual reality headset won’t make it to the UK without the right infrastructure June 9, 2023 The virtual reality headset launched by Apple is already making waves. But aside from its price, many in the UK won't be able to access it without a total rollout of full fibre broadband, writes Dan Ramsay
Lionel Messi tipped to make Inter Miami worth $1bn and be MLS ‘game-changer’ June 8, 2023 Lionel Messi’s impending transfer to Inter Miami has been hailed as “a game-changer for Major League Soccer” that will make the US franchise worth more than $1bn. Messi announced on Wednesday night that he has chosen to join Miami over offers from Saudi Arabia and former club Barcelona after leaving Paris Saint-Germain. His superstar power [...]
Link chief John Howells on bank branch closures, payments and the battle for cash June 8, 2023 Link's chief John Howells says the nation can't "abandon" its cash users.
Explainer: How does Apple’s new virtual reality headset work? June 6, 2023 Yesterday, Apple did something that could revolutionise the way we interact with tech and with our surroundings: it launched Apple Vision Pro, its $3,499 virtual reality headset. Apple CEO Tim Cook described it as “the first Apple product you look through, not at”. The idea might feel a little daunting at first – but once [...]
The CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK June 6, 2023 The CMA decision to block Microsoft from acquiring Activision could be detrimental in the long-run: it could scare off other companies who will choose to set up shop elsewhere, writes Jason Chapman