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.
Bottom-up ESG: New platform wants to give retail investor army voting power for £1 July 9, 2021 Tulipshare is targeting the next generation of shareholders by tapping into their booming interest in retail investment and demand for a corporate ESG overhaul. The new UK-based activist investment platform wants to enable individuals to “vote with their money” for change from the inside at Amazon, Coca-Cola and Apple by investing as little as £1. [...]
Apple founder Steve Wozniak backs right-to-repair movement July 8, 2021 Apple co-founder Steve Wozniak has thrown his weight behind the burgeoning right-to-repair movement despite resistance from the company he helped to build. The right-to-repair movement calls for new laws guaranteeing users access to information and parts to fix their own devices. Current laws in the US and Europe limit right-to-repair rules to vehicles and appliances [...]
The best bangers to eat this National BBQ Week July 8, 2021 Newmarket is the home of horse breeding and thoroughbred racing. It’s also the home of sausage-making and thoroughbred bangers, and therefore the go-to place for National BBQ week. The royal households have been getting their bangers from Suffolk for over 100 years and doubtless William and Kate have placed their order for this week. Founded [...]
The best ways to drink yourself silly in the Isles of Scilly July 8, 2021 St Martin’s Vineyard, a former flower farm, is now the only wine producer on the Isles of Scilly, making the Atlantic islands an outpost of modern boutique British viticulture and artisanal distilling. Run by James Faulconbridge and Holly Robbins, St Martin’s grows Seyval Blanc, Reichensteiner, Orion, Rondo and Regent grapes, as well as smaller plantings [...]