MPs call for probe into record labels amid music streaming overhaul July 15, 2021 MPs have urged regulators to probe major UK record labels and Youtube as part of a radical overhaul of the music streaming market aimed at tackling “pitiful returns” for artists. In an eagerly-awaiting report published today, the culture select committee called for comprehensive reform to existing legislation as well as new regulations to “reset” the [...]
Sharpest inflation increase since 2008 fails to drive Bitcoin demand July 14, 2021 The crypto markets are down again today, with both Bitcoin and Ethereum prices falling to levels not seen since late June.
Podcast: CIO of PwC Canada on how the Big Four firm adapted to the COVID-19 pandemic July 14, 2021 Craig Brice CA, Chief Information Officer at PwC Canada, joins Indy from Toronto to discuss how the Big Four firm adapted to the COVID-19 pandemic, the lasting effects the pandemic will have on technology and his predictions for key trends in emerging tech. Listen now on Spotify, Apple podcast, Soundcloud or the ICAS website. Craig started his career as a [...]
Rumours of Apple Bitcoin purchase swirl on social media, but are they to be believed? July 13, 2021 Bitcoin is down roughly three per cent to just above $33,000, keeping it within that same narrow range it’s been trading in over the last month or so.
Biden to warn US companies about risks of operating in Hong Kong July 13, 2021 The US government will this week warn companies of the increasing risks of doing business in Hong Kong as China imposes greater control on the financial hub according to reports. Biden is said to be concerned that US companies would face threats from the Chinese government to gain access to data that foreign companies store [...]
Flat weekend for crypto but future looking brighter than ever July 12, 2021 Hopes for a Bitcoin breakout this weekend were thwarted again, with the leading cryptocurrency by market cap continuing to trade in the same narrow range between $32-36k.
SoftBank gears up investments in second quarter, dishing out $13bn July 12, 2021 SoftBank’s Vision Fund II has pushed the pedal on its investments in recent weeks, dishing out $13bn in its second quarter, according to reports. The Japanese venture capital fund has injected cash into at least 50 companies, the Financial Times first reported, citing people brief on the data. Many of the companies eyed by SoftBank’s [...]
Tech giants Foxconn, TSMC to buy 10m covid vaccines for Taiwan July 12, 2021 Two of the world’s largest tech firms Foxconn and TSMC inked an agreement worth £252m for buying 10m doses of Pfizer/BioNTech Covid-19 vaccine for Taiwan. The deal announced on Monday in a statement by BioNTech’s Chinese sales agent Shanghai Fosun Pharmaceutical Group. Under the agreement, Taiwanese firms Foxconn and Taiwan Semiconductor Manufacturing Co (TSMC) will [...]
Apple’s two UK divisions pay just £9m in UK corporation tax as sales top £1.1bn July 12, 2021 Apple paid just £9m in tax in the UK last year even as the tech giant weathered the pandemic to pull in sales of more than £1.1bn. In recently filed accounts the iPhone maker’s two UK subsidiaries — Apple Retail UK and Apple UK — posted revenue of £1.1bn and £372m respectively in 2020. Pre-tax [...]
Cardano aiming for a BILLION users over next decade July 9, 2021 Cardano supremo Charles Hoskinson has revealed the organisation’s mission is to have a billion users over the next five to 10 years.