Andermatt in the Swiss Alps is gorgeous in summer August 6, 2022 THE WEEKEND: Ask any sweaty, AC-deprived Londoner during the recent heatwave, and they’ll tell you that the city is no place to spend summer. It’s no surprise then that during warmer months, the average Swiss city-dweller will flee to the cool of the nearby mountains whenever they get the chance. The postcard-pretty Alpine enclave of [...]
US tries to lure chipmakers away from expansion in China with $52bn subsidy package August 3, 2022 The US has tried to incentivise chipmakers to not expand any further into countries like China and Russia, which is forecast to hit TSMC and Intel. Under the Chips and Science Act, which the White House is expected to sign this month, the US will offer semiconductor manufacturers access to $52bn (£42.5bn) worth of subsidies. [...]
Why Instagram can never ruin Santorini – the Greek island that has always welcomed hedonists August 1, 2022 We arrive in Santorini late evening, driving down dusky backroads en route to our destination, the Grace Hotel, part of the Auberge Resorts Collection and perched on the world famous caldera. At the village of Imerovgli, we make our descent, weaving down the cliff edge passing small-scale luxury hotels and yposkafa, cave-like dwellings with friends [...]
The Metaversal evolution will not be centralised July 28, 2022 Web3 is Metavolutionary Some have questioned whether Web3 offers much in the way of utility. Web3 is the build-out platform for evolutionary economic and governance models. For a Web3 company to succeed, it not only needs a great product, an established userbase, but also an attack-resistant system of governance. While there will be plenty of [...]
Watchdog dismisses concerns that music streaming causes harm to artists and backs consumer choice July 26, 2022 The UK competition watchdog has found that music streaming delivers good outcomes for consumers and dismisses concerns that the concentrated market is causing harm or driving the issues raised by artists.
All eyes on Silicon Valley as Big Tech braces itself for a tense earnings week July 25, 2022 2022 has undoubtedly been a year of turbulence for tech stocks, battling major sell-offs and supply chain woes.
London-based Shares bags $40m to capitalise on retail trading boom July 25, 2022 London investment app Shares revealed it had bagged a $40m funding round today as it aims to tap into a boom in retail trading brought on by the pandemic.
Sunak vows to push forward with Channel 4 privatisation July 22, 2022 Rishi Sunak has vowed to push ahead with privatisation plans for Channel 4, killing hopes from C4 bosses and indie studios that a new leader could mean a new direction.
How the metaverse will change the world July 22, 2022 Crypto AM's Jonny Fry examines the metaverse and how he believes it will revolutionise virtually all aspects of human endeavour.
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 [...]