Back to basics: Why Tesla is not like Google and Apple, and it will never be November 5, 2021 Tesla’s market value broke the $1tn mark on 25th October, turning the car-maker into the sixth company to join that exclusive club together with Alphabet, Amazon, Apple, Microsoft and briefly Facebook. But it is so easy to get caught up in the hype that we sometimes forget basic economics. Many commentaries have been outlining “Tesla’s [...]
Bruce Springsteen ‘close’ to selling his music to Sony in £256m deal November 3, 2021 Bruce Springsteen is reportedly in talks to sell his recorded catalogue to Sony Music.
British wine is flying high: Here are some of the best November 3, 2021 It is time to drink patriotically because business is booming for British wines. The pandemic did little to slow the growth; in fact wine sales went up by 30 per cent and last year we planted 1.4m new vines. This green, little island of ours now boasts around 800 vineyards and 178 wineries, though England [...]
Leading alcohol charity Drinkaware criticised for data delay October 31, 2021 Drinkaware, one of Britain’s leading alcohol charities, has been criticised over wiping the data of more than 600,000 people with relaunch.
Microsoft takes over as world’s most valuable public company as Apple shares topple October 30, 2021 Microsoft stole the title of the world’s most valuable public company from Apple. The iPhone producer’s shares fell around two per cent on Friday after taking a $6bn hit to sales during the fourth quarter. Global supply chain issues have put pressure on the tech firm with warnings from Apple chief Tim Cook that the [...]
S&P 500 and the Nasdaq set to fall after Apple and Amazon disappoint October 29, 2021 The S&P 500 and the Nasdaq indexes are expected to feel the repercussions of Apple and Amazon's supply chain woes.
The gold rush for David Bowie’s music copyright October 29, 2021 David Bowie’s estate is in talks to sell his songwriting catalogue for bids of around $200m.
More shame than a name: Will the real Mark Zuckerberg please stand up? October 29, 2021 What’s in a name? asks a star-crossed lover. The answer, she discovers, is everything. The tragedy of Romeo and Juliet is the realisation that neither can escape the fate dictated by their two names: Montague and Capulet. In Silicon Valley, one firm has alighted on a similar problem. Facebook’s leadership has realised, at last, that [...]
Apple results: Shares dive after tech giant misses expectations October 28, 2021 Apple saw record revenues of $83.4bn (£60bn) in the three months to September but a failure to live up to analyst expectations saw the firm’s shares plummet five per cent almost immediately. Revenues, though up 29 per cent year on year, were around a billion-dollars shy of Wall Street’s consensus expectations of $85bn, with earnings-per-share [...]
Treasury makes £1.5bn from pandemic stock market frenzy October 28, 2021 Next year, the Treasury is expected to make £1.5bn from stamp duty taxes on shares, as a result of the pandemic stock market frenzy, which saw many first-time investors put money into the market, the Evening Standard reported. While this year duty taxes on shares were £800m higher than £3.4bn that was initially forecast by [...]