Facebook delivers good Q3 but expects Q4 to be below estimates October 25, 2021 Facebook has delivered a good progress in the third quarter of 2021, said the company’s chief executive Mark Zuckerberg while announcing the company’s results. “We made good progress this quarter and our community continue to grow,” he said. “I’m excited about our roadmap, especially around creators, commerce and helping to build the metaverse.” The social [...]
The Week Ahead: Markets set for flurry of big bank earnings, ahead of the Budget October 25, 2021 It was contrasting week for US and European markets last week, with the Dow and S&P500 once again setting the pace with more record highs, while European stocks lagged behind, finishing the week lower, despite a valiant attempt to recoup their losses from an early week sell-off. The recovery in the latter part of the [...]
All eyes on Snap after shock Thursday wiped 24 off share price October 22, 2021 Snap shares fall 24% yesterday in after-hours trade as the social media group posted its outlook for Q4, citing Apple's new privacy policies as the cause.
Ollie Phillips: Bath’s senior players need to step up October 22, 2021 If last week’s 17-71 mauling taught Bath anything it’s that they need to step up. They were totally outclassed by a Saracens side boasting a full starting XV of internationals, but that’s no excuse. Though they were without their bulldozing No8 Taulupe Faletau through injury, Bath were still able to field Jonathan Joseph, Anthony Watson, [...]
Siri showed us how much we want speech recognition to work – and how bad it can be October 22, 2021 Ten years ago Apple launched Siri. It was described as a “humble virtual assistant”, using natural language processing to interpret and action voice commands. It was seen as a major step forward for speech and voice recognition, with one analyst describing it as “a powerful harbinger of the future use of mobile devices – not [...]
Apple Watch Series 7, review: Stylish but lacks killer feature October 21, 2021 Now in its seventh generation, the Apple Watch is approaching elder statesman status. It’s a fine piece of kit, both useful and stylish, but has entered a phase in its development cycle where improvements have become incremental: a smaller bezel here and a better battery there. For new buyers, that’s great news: the Series 7 [...]
Bitcoin´s new all-time high of $67k underscores its mainstream value, says deVere CEO October 21, 2021 Bitcoin is undeniably a mainstream asset class and most investors should consider including crypto assets as part of a diversified portfolio, asserts an industry insider. The bullish observation from Nigel Green, CEO and founder of deVere Group, which has $12bn under advisement, comes as the world’s dominant cryptocurrency hits a new all-time high of more [...]
CMA Chief exec: Crack downs on tech monopolies will safeguard London’s competitive edge October 21, 2021 Effective competition is the lifeblood of a thriving economy. The chance to succeed with hard work and a good idea is a source of hope, and opportunity to entrepreneurs everywhere. While monopolies stifle innovation and focus on protecting their existing profits, competition leads to vibrancy and new ideas. Ensuring digital markets are competitive is a [...]
PayPal in talks to buy Pinterest October 20, 2021 Payments behemoth PayPal Holdings is in talks to buy digital pinboard site Pinterest. The companies have discussed a potential price of $70 per share, according to Bloomberg News. This would value Pinterest at around $39bn. The price would represent a 26 per cent premium to Pinterest’s closing price of $55.58 on Tuesday. PayPal’s shares were [...]
Streaming platforms like Spotify in the sights of competition watchdog October 19, 2021 An inquiry into the music industry, examining whether the rise of streaming services like Spotify and Apple Music are fair and competitive for the industry is set to begin. The UK watchdog will look at the issues that exist for both listeners and artists, gathering evidence to decide the best course of action against [...]