New year, new record: S&P 500 hitting new high on first day of 2022 is sign investors remain bullish about stocks January 4, 2022 The new year start off with a bang for global markets as Wall Street recorded record highs for the S&P 500 and the Dow Jones Industrial Average. The S&P 500 rose 0.6% and the Dow finished 0.7% higher. Both indexes eclipsed the record highs they set last Wednesday. The Nasdaq composite rose 1.2%. Technology stocks [...]
Tesla beats expectations with record-quarter vehicle delivery despite global semiconductor shortage January 2, 2022 Tesla delivered 308,600 cars worldwide in its fourth-quarter, a company record, despite continuing supply chain issues and economic turbulence.
Best of 2021: CODA is a moving coming-of-age drama January 1, 2022 Festival hype can be a double-edge sword, particularly at the Sundance Film Festival where success doesn’t always translate to box office. For every Napoleon Dynamite or Get Out, there are films that are bought for big money that flop spectacularly (see Steve Coogan comedy Hamlet 2, or teen weepie Me, Earl, and The Dying Girl). [...]
Best of 2021: The iPhone 13 is an extraordinary device December 31, 2021 Those following the launch of Apple’s iPhone 13 Pro could be forgiven for thinking it doesn’t push the envelope far beyond last year’s already-excellent 12 Pro. It’s essentially the same chassis, distinguishable only by the new colourways – notably Gold and the powdery Sierra Blue – and a marginally smaller “notch” housing the front-facing camera. [...]
Apple hands out £130k bonuses as it fends off Meta engineer grab December 30, 2021 Apple has handed out bonuses of up to $180,000 (£133,000) as it tries to fight off rivals for engineering talent. It comes as Facebook owner Meta Platforms is looking to build a team of thousands to build its virtual world. According to The Times, Zuckerberg’s company has hired about 100 engineers from Apple over the past [...]
Hong Kong national security police arrest six in media outlet raid December 29, 2021 Hundreds of Hong Kong national security police arrested at least six current and former staff at the office of an online pro-democracy media outlet in the early hours of this morning. It forms part of the Beijing’s independent media crackdown, with Stand News its latest target for its alleged “conspiracy to publish seditious publications”. The [...]
TikTok beats Google for top internet hotspot December 24, 2021 Video sharing platform TikTok has beaten Google as the most popular online destination after soaring in popularity over the course of the pandemic. Fuelled by Gen Z amid social restrictions, the app has held the top position since August, after dethroning Google in February, March and June. Google came first last year, and was surrounded [...]
The Tragedy of Macbeth: Washington and McDormand on Oscar form December 24, 2021 A Shakespeare adaptation from The Coen Brothers would have been sure to spark excitement, but there’s a twist to The Tragedy of Macbeth that leaves a few questions in the air. That’s because, while Joel Coen is directing the film, Ethan is not involved, the first time the brothers haven’t worked together. Carter Burwell, The [...]
SEC rejects Apple’s bid to block three activist shareholder proposals at next AGM December 22, 2021 The US financial watchdog has denied Apple its bid to block three activist shareholder proposals calling for the tech giant to explain allegations of forced labour in its supply chain, its use of non-disclosure agreements, and the deletion of some apps from the App Store in China. Now that the US Securities and Exchange Commission [...]
Microsoft’s $16bn Nuance bid secures EU antitrust approval December 21, 2021 Microsoft's $16bn (£12bn) bid for AI company Nuance has won approval from the European Commission following an antitrust probe.