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 [...]
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.