Warren Buffett bets on Paramount by snapping up £2bn stake May 17, 2022 Just when you think the streaming wars may be starting to settle down, one of the world’s most famous businessmen Warren Buffett snaps up a major stake in Paramount Global. Shares jumped over six per cent yesterday for the owner of MTV and Nickelodeon after it was revealed in a regulatory filing that Buffett’s holding [...]
The Spy Who LinkedIn Me: Government launches new app to help public dodge spies May 17, 2022 The government has launched a new spy detecting app, which will help members of the public dodge espionage and stay safe online.
Dacia Jogger review: you do the maths May 16, 2022 Priced from £15,345, the seven-seat Dacia Jogger makes every other car look expensive. Not least the 'family' Rolls-Royce…
Aramco revels in record profits powered by booming oil prices May 15, 2022 Saudi Aramco (Aramco) has reported a massive 82 per cent spike in profits over the first three months of the year powered by lucrative oil trading.
Big Tech cuts jobs as market caps suffer May 14, 2022 Big Tech companies have been forced to cut jobs as market caps continue to be slashed as momentum slows.
Tech Weekly: Crypto plummets, and analysing tech stock rout in 2022 May 13, 2022 This week City A.M.’s Charlie Conchie talks to Lorne Daniel, Technology Research Analyst at financial services company finnCap. They unpick a very rough quarter for tech companies and tech stocks, and go through what’s to come. Charlie also takes us through the main headlines this week — multiple cryptocurrencies have plummeted in value, pressure is [...]
Exclusive: Home tech firm SharkNinja backs London with Battersea Power Station office May 12, 2022 US home technology firm SharkNinja has snapped up a new office inside the Battersea Power Station, in a vote of confidence for the capital. The Boston-based company, which produces vacuums and kitchen appliances, told CityA.M. it will take up 25,000 square foot of space in the south-London development. After putting down roots in the UK [...]
Apple knocked off perch as world’s most valuable firm by oil giant Saudi Aramco May 12, 2022 Apple has been knocked off its perch of the world’s most valuable company by Saudi Aramco. The oil giant topped $2.426tn this on Wednesday, overtaking the iPhone-maker at $2.415tn, representing just over £10bn. This is the first time the state-backed Saudi Aramco has taken the top spot since 2020 according to the The Financial Times, [...]
When the music stops: Apple pulls plug on iPod after two decades May 11, 2022 Apple announced that it would be pulling the plug on the iPod after more than 20 years.
Yapily snaps up German open banking firm as it ‘builds the muscles’ for global push May 10, 2022 London fintech Yapily has snapped up German open banking firm finAPI today as it “builds the muscles” for a push into a swathe of new global markets.