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 [...]
Markets today: Europe set for a modest rebound as Asia markets bounce back October 19, 2021 Not a particularly great start to a new week yesterday for markets in Europe, but having just come off the back of three days of strong gains at the end of last week, markets were probably overdue a bit of a pullback. The big question for CMC chief market Michael Hewson, chief market analyst at [...]
Apple unveils upgrades for MacBook Pro laptops and AirPods October 18, 2021 Apple has announced the revamping of its MacBook Pro laptops and AirPods. Chief executive Tim Cook launched the redesigned earbuds and the first of the company’s improved high-end computers at a livestream on Monday. The new MacBook Pro comes with larger, sharper screens and M1 Pro and M1 Max chips, as the company continues its switch [...]
Crackdowns on tech mergers will only serve to deter British entrepreneurs October 18, 2021 What if Facebook had never bought Instagram? This question keeps competition regulators like the Competition and Markets Authority (CMA) up at night. In 2012, Instagram had just 30m users, 13 employees, and made no money. The $1bn valuation was mocked and appeared to many to be the sign of a tech bubble ready to burst. [...]
Tech industry jargon is full of hot air and keeps public valuations sky-high October 15, 2021 It was the presentation that cost £1.85bn. On Tuesday morning, Matt Moulding, the CEO and founder of The Hut Group, addressed his shareholders, attempting to reverse a precipitous slide in the company’s share price. It didn’t go well. Just hours after his presentation ended, the firm had lost another third of its value. The Hut [...]
Crypto overtaking world’s most valuable company, proves doubters are wrong October 14, 2021 Crypto AM columnist Nigel Green points to five reasons why the Bitcoin bashers have got it wrong about cryptocurrency.
Gravity – consciously connecting your world October 14, 2021 Crypto AM turns its spotlight on Gravity - a revolutionary financial ecosystem.
Global chip shortage has reached Apple: Production of iPhone 13 to be cut October 13, 2021 Apple is likely to cut down production of its iPhone 13 by as many as 10m units due to the global chip shortage, Bloomberg News reported today, citing people familiar with the matter. Watch the full report.
EU to probe Nvidia’s $54bn ARM bid after concessions fail to allay concerns October 12, 2021 US tech company Nvidia’s $54bn bid for British chip designer ARM is set for a prolonged EU antitrust investigation. Concessions offered last week failed to address competition concerns, three people familiar with the matter said. This will be the second setback for the California-based tech firm after the UK’s watchdog warned the deal could damage [...]
Apple pushes to delay court ruling forcing its hand on app store payments October 9, 2021 Apple is calling for a US judge to pause an order which would change app store rules as it appeals the latest judgement in an ongoing antitrust case. The Tech giant has been embroiled in a globe-spanning set of legal disputes with Epic Games, the creators of Fortnite, after it kicked the company off the [...]