City Moves: Who’s switching jobs in the Square Mile this week? July 21, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Knight Frank Property consultancy Knight Frank has named its new head of farms a real estate, after Clive Hopkins retired after more than three decades with the firm. Will ‘Stan’ Matthews will oversee day-to-day management of [...]
Apple settles £42m lawsuit over MacBook keyboards July 20, 2022 Apple has settled a $50m (£42m) lawsuit over its MacBook keyboards, after claimants said the tech giant knowingly sold unresponsive keyboards products.
Apple hit with lawsuit over anti-competitive behaviour through Apple Pay July 19, 2022 Apple is being sued over its Apple Pay system and accused of anti-competitive behaviour by stifling competition from other payment apps. The class action complaint filed yesterday in a California court by payment card credit union Affinity Credit Union alleges that the iPhone maker used its market power to resist competition from other payment apps. [...]
TikTok lays off staff while Apple and Goldman Sachs plan hiring slowdown as economic outlook dims July 19, 2022 TikTok has cut staff while Apple and Goldman Sachs will slow hiring as economic downturn concerns dampen confidence. TikTok laid off US staff and told European employees their jobs were at risk as part of a global restructuring move, the Wired reported. Some UK employees were informed that job losses will occur in several departments [...]
Time to pour cold water on the FUD and misinformation from Bitcoin doubters July 16, 2022 Crypto AM's Dr Chris Kacher thinks the heat needs turning down on the current crypto FUD spread that reminds him of 2014 and 2018.
Long read: TikTok’s march to the top by no means inevitable July 14, 2022 Ian Whittaker is twice winner of the City A.M. Analyst of the Year as well as a judge on this year’s awards, and founder of advisory firm Liberty Sky Advisors Given investors’ embrace of capitalism, it is ironic that their view of Tech – especially when it comes to the leading players – can be [...]
SMEs put the buzz into business July 14, 2022 Micro-firms are the worker bees of the economy. They provide the thousand-and-one services that keep business going, contribute to the community, and help us keep our daily lives on track. They are the one-man bands; the partnerships, and the family businesses. They’re the people in the kiosk at the station serving your coffee in the [...]
Katikies Mykonos is a haven from the craziness of Cyclades’ party island July 12, 2022 People have been partying in Mykonos since the 60s, and probably even before that. Today, the bold and the beautiful, from Grace Kelly and Jackie Onassis, to Beyonce and, er, Kim Kardashian, have all washed up on the island’s picture-perfect shores. There they loll around on vast white daybeds, bag a bargain at one of [...]
French music streamer Deezer drops 35 per cent at debut July 5, 2022 Shares in Deezer have plunged over 35 per cent in the French music streamer's first day of trading as the markets struggle to see how it can compete with the likes of Apple Music and Spotify.
Rainfall: On a mission to unlock financial value July 5, 2022 From the Crypto AM magazine, Amit Pradhan explains the role of Rainfall in empowering mothers around the world.