Spotify beats forecasts as paid subscribers hit 165m July 28, 2021 Spotify has beaten expectations for the second quarter as the streaming giant saw its paid subscriber numbers grow by a fifth. The Swedish company said premium subscribers jumped 20 per cent year on year to hit 165m in its latest quarter – towards the upper end of its guidance and modelty ahead of forecasts. Monthly [...]
Apple posts record quarterly revenue on China sales and iPhone demand July 27, 2021 Apple has beat analysts’ expectations and posted record quarterly revenue on surging demand for premium versions of its iPhones, subscription services, and strong China sales growth. Revenues grew by more than a third to $81.4bn this quarter, up 36 per cent from last year and driven by better-than-expected iPhone sales. This beat analyst expectations of [...]
Big Tech earnings: What to expect this week as tech titans report July 27, 2021 Wall Street is gearing up for a slew of Big Tech earnings this week with Apple, Amazon, Facebook, Google and Microsoft all set to deliver figures for their latest quarter. Twitter and Snap kicked off proceedings by smashing expectations last week, raising hopes that a post-pandemic advertising rebound will boost other platforms. Tesla also shrugged [...]
`Your network is your net worth´: seven tips to propel your career July 27, 2021 My thought leadership speaking tours to the Middle East and Europe were postponed. To convince the organizers to host their events online, I went on a shopping spree and bought all kinds of audio and video equipment just before the first lockdown in Singapore. It wasn’t just me. Everyone, from students to senior professionals, needed [...]
Tech stocks – slow-down or slump? July 27, 2021 With the COVID-19 pandemic accelerating the shift towards a digital-first world; technology stocks rose to all-time highs in 2020, as people spent more time online.1 However, as economies have begun to reopen following the rollout of highly effective coronavirus vaccines; tech stocks sold-off as investors rotated towards sectors set to benefit from reopening. In this [...]
China crackdown weighs heavily on global markets July 27, 2021 Global stock markets notched losses on Tuesday as investor sentiment soured on concerns that Chinese authorities may over-extend their regulatory crackdown. The US’ main benchmarks dropped during the opening session, with the tech-heavy Nasdaq registering the worst performance, down 1.76 per cent. The blue-chip S&P 500 fell 0.78 per cent, while the Dow Jones lost [...]
Podcast: Matthew Halstead, Trustee and Co-Creator of sidekick, on mental health, the importance of community and reaching a ‘career pivot’ July 26, 2021 Listen now on Spotify, Apple podcast, Soundcloud or the ICAS website. Matt lives in Hampshire with his wife and daughter. Previously a Samaritans volunteer, he loves an open and honest mental health chat which lead him to co-create the sidekick charity, because he believes mental health support should be accessible to all. He runs Noctis, a small consultancy offering commercial [...]
Exclusive: London Mayor urges China to respect ‘one country, two systems’ principle in Hong Kong July 23, 2021 London Mayor Sadiq Khan has called on the British government to continue applying pressure on the Chinese government to respect the Sino-British Joint Declaration. In an exclusive interview with City A.M., Khan commented that new laws in Hong Kong have severely limited the rights and political freedom of Hongkongers, which is one of the reasons [...]
Crypto is a risky business – but we can make our own financial decisions July 23, 2021 Bitcoin is holding steady above $32,000 as we close in on the weekend.
Listed luxury: Ermenegildo Zegna’s decision to go public comes at a crossroads for high-end fashion July 23, 2021 Luxury Italian brand Zegna has decided to go public via special purpose acquisition (SPAC), in an interesting blend of the old and the new. The move to go with a listing model that some still consider untested for the long term comes after a track record of over a century of excellence in high quality [...]