Crypto Exchanges compete in Super Bowl Debut as JPMorgan Enters Metaverse February 21, 2022 The price of Bitcoin dropped this week amid fears a Russian invasion in Ukraine could spark large-scale military conflict.
Cabinet backs plans to clampdown on tech giants with strict new content laws February 19, 2022 Home office plans to roll out world’s most stringent internet safety laws have won the backing of the cabinet as the government looks to shift responsibility for harmful online content on to tech giants.
The Analyst: A Silicon Valley report card February 18, 2022 Ian Whittaker has been a City analyst for more than two decades, and what he doesn’t know about media, advertising and the creative services industry isn’t worth knowing. Here’s his monthly column for City A.M. THE YEAR is going quickly. From an analyst perspective, a lot of that has to do with the fact that [...]
The spectre of entrenched inflation will soon hit loss-making start-ups hard February 18, 2022 Larry Summers was Treasury Secretary to Bill Clinton, Barack Obama’s Director of the National Economic Council, and President of Harvard University. When he offers an economic prediction, therefore, he is worth listening to. A recent one was sobering. Summers believes we are entering a period of “higher entrenched inflation”. Make no mistake: inflation is a [...]
Trump’s social media app incoming as users start testing ‘Truth Social’ February 17, 2022 Former President Donald Trump’s new social media app is incoming as 500 beta testers begin testing an early version of “Truth Social”. Two sources told Reuters that they were invited to test the app this week, with chief exec Devin Nunes claiming that it will launch by the end of March. Truth Social allows users [...]
Apple chief Tim Cook under fire for his £74m pay package February 16, 2022 Top shareholder advisory group Institutional Shareholder Services has told Apple investors to vote against Tim Cook’s $99m (£73m) pay and bonus package. As first reported by the Financial Times this evening, the group told clients in a letter that there was “significant concern” with Cook’s stock awards last year, which were valued at $82m on [...]
Google cracks down on app tracking following Apple’s lead February 16, 2022 Google has announced that it will limit tracking on its Android devices following a growing global privacy crackdown and following Apple’s lead. The tech giant said it wanted to “raise the bar for user privacy” and hopes to curb user data from being shared with third parties. Google said it also planned to eventually phase [...]
Big tech rule book could be agreed as soon as April as EU clamps down on Google and Apple February 15, 2022 Landmark EU rules aimed at curbing the power of tech giants could be agreed between lawmakers and EU countries as soon as April. Although the rules have faced some obstacles, lawmaker Andreas Schwab told Reuters that he is optimistic that an agreement could be reached in record time for a key piece of legislation. Known [...]
Small London law firm seeks to compete with Magic Circle by appointing its own ‘fertility officer’ February 14, 2022 A small family law firm, with offices in Clapham, Hammersmith, and Islington, has become the first UK company to appoint its own “fertility officer,” as it seeks to compete with larger rivals that have begun offering highly expensive fertility benefits. London law firm Burgess Mee has named surrogacy law specialist, Natalie Sutherland, as its first [...]
Apple whacked with another £4.2m antitrust fine by Dutch watchdog February 14, 2022 Apple faces another setback today after the Dutch antitrust watchdog fined it €5m (£4.2m) for failing to allow software app makers to use non-Apple payment methods for dating apps on the App store. The tech giant failed to meet the deadline set by the Authority of Consumers and Market (ACM), and represents the fourth time [...]