Lina Khan: How America’s answer to Margrethe Vestager plans to take on Big Tech June 16, 2021 Since taking over as European Commissioner for Competition in 2014, Margrethe Vestager has made her mission clear: to crack down on the ballooning power of Big Tech. The ruthless competition czar has undoubtedly delivered on those ambitions, handing down high-profile fines running into the tens of billions of euros against the likes of Facebook, Apple, [...]
Q&A: the end of big oil? June 16, 2021 Our “in the news” series focuses on recent dramatic events in the energy industry as oil majors were held to account over climate change. We explain what’s happened and how Schroders acted on behalf of clients. The oil industry last week faced a “paradigm shift” after climate activists and asset managers led revolts at the [...]
Switzerland vies to become Europe’s AI hub June 15, 2021 With approximately 8.6 million people and four official languages (German, French, Italian, and Romansh), Switzerland is uniquely at the heart of Europe but without being a member of the European Union. In global terms, Switzerland does not even enter the top five as an ‘AI leader’. But when it comes to Europe and its place [...]
Apple and Google under scrutiny from regulator over smartphone dominance June 15, 2021 Apple and Google are facing an investigation by UK competition authorities over concerns their dominance in the smartphone market is harming consumers. The Competition and Markets Authority (CMA) today said it will examine whether the companies’ “effective duopoly” over the supply of operating systems, app stores and web browsers should be curbed. The market study [...]
The Analyst: Ian Whittaker on the future of media June 15, 2021 Ian Whittaker has been a City analyst for more than two decades, and what he doesn’t know about media, advertising and the creative services industry isn’t worth knowing. Here’s his first monthly column for City A.M. After twenty years covering media, technology, and everything else in between, it’s always tempting to look back and marvel [...]
Worth the commute: 9 out of 10 want hybrid working paired with an improved office June 14, 2021 Nine out of ten UK workers want the option to work remotely once offices reopen, while the same proportion desire a better office set-up when they do go in, new research today suggests. Data from OpenSensors, a workplace technology company, shows that a similar proportion of workers (90.5 per cent) are being offered the option [...]
Toast the summer of golf with a dram of Loch Lomond June 14, 2021 GH Mumm Champagne is the official drinks sponsor of the America’s Cup, the oldest trophy in international sport, going back to 1851. Now the oldest golfing major has its own official spirit too. The 149th Open Championship is being held between 15-18 July at The Royal St George’s Golf Club in Sandwich, England. To mark the occasion, [...]
The next trends in technology June 11, 2021 In this article Juan Enriquez, leading authority on life sciences and future technology, explains the next trends in technology. Juan Enriquez will join the first edition of WOBI Management Week (June 28 – July 1, 2021), a 4-day digital event with world class business thought leaders that will address the latest trends and ideas in [...]
Citymapper helps us navigate our cities but now they need to find a way to profit June 11, 2021 There is immense value in being able to navigate around major cities on the go, avoiding the stress of checking multiple forms of transportation on varying platforms, especially as we start exploring again post-lockdown. Citymapper, an app almost ubiquitous in cities like London, is built with a simple and functional interface to make it the [...]
UK competition regulator secures commitments from Google on third-party cookies June 11, 2021 The UK’s competition watchdog has said it has secured commitments from Google on its proposal to remove third-party cookies from its Chrome browser. Third-party cookies are used by digital advertising companies to personalise and target advertising. The Competition and Markets Authority (CMA) said the commitments came after it took action in January over concerns Google’s [...]