Red Light, Green Light: Shares fly for studio behind Squid Game as Netflix announces its comeback June 13, 2022 Shares in the studio behind Netflix's mega-hit Squid Game were up nearly 30 per cent today after the streaming giant revealed the show would come back for a second season.
Klarna boss questions Apple competitive practices after buy-now pay-later move June 12, 2022 The boss of fintech giant Klarna has questioned the competitive practices of Apple after the tech behemoth announced it would push into the buy-now pay-later space this week.
Watchdog CMA zooms in on mobile ecosystem dominance: ‘Apple and Google hold all the cards’ June 10, 2022 The UK’s competition watchdog said today it is planning to launch an investigation into the “effective duopoly” that Apple and Google hold over the mobile ecosystem. The Competition and Markets Authority (CMA) said it was consulting on the launch of a market investigation into the power of the two firms following its publication of a [...]
Netflix or Spotify: Investors shouldn’t tar streamers with the same brush says US investment bank June 9, 2022 Investment bank Raymond James said music streaming is in a better position than video streaming, urging investors not to dump streaming shares too quickly. It comes after Netflix continues to ride out a rocky few months, with shares down 66 per cent in the year to date thanks to dwindling subscribers and a downbeat outlook [...]
Apple goes solo for buy-now pay-later snubbing Goldman June 9, 2022 Apple has snubbed banking partners Goldman Sachs for its new buy-now pay-later offering, instead opting for its own in-house team to manage the service.
Another one: Zopa Bank enters buy-now pay-later space June 8, 2022 Digital bank Zopa has entered the highly competitive buy-now pay-later (BNPL) space, following suit of tech giant Apple and on the toes of the likes of Klarna.
Letters: Making an entrance June 8, 2022 [Re: Apple launches buy-now-pay later offering, yesterday] The fact that Apple has officially entered the buy-now pay-later space brings an appetite for ecommerce to the forefront. From a surge in online shopping to an increase in edtech, owing to physical restrictions, the pandemic has accelerated the already burgeoning space of e-commerce. As a result, the [...]
Yes, people do want Apple’s ‘meat and potato upgrades,’ says analyst June 7, 2022 Apple rolled out a slew of features for payments and business collaboration yesterday. An analyst discusses the changes. Watch the full video report.
EU agrees common charging plug for all phones raising alarm bells for Apple June 7, 2022 The European Commission has agreed that all phones and tablets must use the same charging ports by 2024, signalling bad news for the Silicon Valley giant.
Amazon shares rally following 20-for-1 stock split June 6, 2022 Amazon shares continue to rally after the ecommerce giant went ahead with its 20-for-1 stock split this morning. The move, which took shares down from Friday’s closing price of $2,440 to around $127, is expected draw in new investors and reward current holders with returns. The company first reported the plan in March, which now means that [...]