Half of all staff may leave: Apple braces for exodus of workers as return-to-office order does not fly well May 5, 2022 Staff at iPhone and laptop giant Apple are reportedly so unhappy with the company’s return-to-office policy that half of all workers is considering to leave. In March, Apple informed most of its employees they would be expected to return to the office on 11 April, and the company made clear it expects its staff to [...]
London misses out as Binance taps Paris as home of European HQ May 4, 2022 Crypto exchange Binance has confirmed Paris will be the home of its European Headquarters after securing approval from local regulators.
Oxford St raid: Officers seize thousands of counterfeit and dangerous items from two retailers May 4, 2022 Trading standards officers seized £58k worth of vapes and unsafe toys from two Oxford Street retailers. Westminster City Council officers seized more than 4,000 items that were thought to be counterfeit or possibly dangerous to the public. Items seized in the 26 April raid included vaping devices containing excessive levels of nicotine and which had [...]
Ministers clamp down on data stealing and poorly developed apps May 4, 2022 People downloading apps to smartphones, games consoles and TVs will be better protected from hackers under new government plans to boost security standards. A new report on the threats in app stores published today by the National Cyber Security Centre (NCSC) has shown that people’s data and money are at risk because of fraudulent apps [...]
Crypto mania, financial contagion and the ‘Goldilocks Zone’ May 3, 2022 From the gold fever of the 1840s and 1850s and the bicycle bubbles of the 1890s to the bowling manias of the1960s and the dot-com boom of the 1990s and early 2000s, our animal spirits are forever in search of greener pastures. In recent times, the financial herd has stampeded into the field of cryptocurrency. [...]
EU: Apple charged by antitrust regulators over rivals’ access to payment technology May 2, 2022 Apple could be slapped with a hefty fine after EU antitrust regulators said the iPhone maker had abused its position by restricting rivals’ access to mobile wallet technology. Regulators sent a charge sheet known as a statement of objections to the tech giant yesterday, after Apple limited competitors’ access to its NFC chip technology. Apple [...]
Apple beats expectations with record revenues and profits amid looming pandemic headwinds April 29, 2022 Apple has reported record revenues in the second quarter of its financial year with turnover soaring to $97.3bn between January and March.
Apple gears up for another EU antitrust fine for mobile wallet April 28, 2022 Apple is set to be whacked with fresh European antitrust charges next week after it was accused of restricting rivals from accessing mobile payment systems. As reported by the Financial Times, the world’s most valuable firm will be accused of breaking EU law by unfairly blocking third party apps from the wallet. Apple currently requires [...]
Exclusive: Fintech faces a ‘dystopian future’ as software fighting software will cause fatal disruption April 28, 2022 Fintechs are facing a ‘dystopian future’ with software fighting software threatening major disruption later this year. In the software marketplace, Software-as-a-Service (SaaS), where software is supplied online to businesses on a subscription basis, has become endemic. Now in 2022 financial criminals are taking this concept to a new level, with Fraud-as-a-Service. Fraud as a Service [...]
Look inside: Coca Cola opens first European flagship store in Covent Garden April 28, 2022 Coca Cola has opened the doors to its first flagship store in Europe today, in a vote of confidence for the West End. After a number of stores in the US, including the beverage titan’s home territory in Atlanta, Coca Cola is testing the waters with a UK experiential destination. The store is set to [...]