Slave to the algo: facial recognition and fraud in a Covid-19 world February 19, 2021 “There will come a time when it isn’t, ‘they’re spying on me through my phone’ anymore. Eventually, it will be, ‘my phone is spying on me’.” American author, Philip K. Dick, warned us about the rapid advancement of technology. Incredibly, this warning was given long before his death in 1982, when mobile phones were the [...]
Wall Street joins FTSE in the red following gloomy jobs data February 18, 2021 Wall Street faced a sea of red this morning as shares slid across the board after an unexpected rise in weekly jobless claims highlighted the fragile labour market recovery. A report from the US Labor Department showed initial claims for state unemployment benefits were 861,000 last week, compared with 848,000 in the prior week. The [...]
UK’s tech stocks outperform main market by 19 per cent February 17, 2021 Interest in technology stocks has piqued during the pandemic and are now outperforming their FTSE peers, according to exclusive data shared with City A.M. The FTSE techMARK 100, London’s technology index, rose seven per cent last year as the FTSE floundered and shed 12 points, research by Bowmore Asset Management shows. After what has essentially [...]
Plus500 plots share buyback as profit soars on record performance February 17, 2021 After a record performance in 2020, online trading platform Plus500 is planning a further buyback program of up to $25m of its shares. Plus500 reported a pretax profit of $523.3m up from $189.3m the previous year with revenue rising 146 per cent to $872.5m. Shares dipped 0.9 per cent this morning. The FTSE 250-listed company [...]
McLaren Artura: new era hybrid supercar breaks cover February 17, 2021 First look at the 2021 McLaren Artura: a radical plug-in hybrid supercar to rival the Ferrari F8 Tributo and Lamborghini Huracan Evo.
Epic Games files EU competition complaint against Apple February 17, 2021 Fortnite maker Epic Games has filed an EU antitrust complaint against Apple, ratcheting up its battle with the tech giant over app store payments. The two companies have been locked in a dispute since August, when Epic launched its own in-app payment system in a bid to sidestep Apple’s 30 per cent commission on some [...]
Best of travel: Gorilla conservation in Uganda February 16, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Noo Saro-Wiwa’s examination of gorilla conservation in Uganda ••• Standing in Bwindi Impenetrable Forest in south-western Uganda, I’m dodging a light hail of fruits being thrown down by gorillas in the trees above. The [...]
Spice up Pancake Day with these tips from top chefs February 16, 2021 A highlight of the home-cooking calendar, Pancake Day – or Shrove Tuesday to give it its proper religious title – feels more important than ever this year, with palates across the country calling out for something new. We asked some of the country’s top chefs how to make something flipping brilliant. Michael Caines, executive chef [...]
Nissan GT-R Nismo review: Gran Turismo for the road February 16, 2021 The Nissan GT-R Nismo is the ultimate evolution of the car nicknamed ‘Godzilla. It boasts 600hp, carbon panels and a £180,000 price tag.
Google and Microsoft object to Nvidia’s $40bn Arm takeover February 13, 2021 Google and Microsoft have objected to the $40bn (£29bn) takeover of British chipmaker arm by Nvidia as the deal faces an in-depth competition probe in the US. The two tech giants, as well as semiconductor rival Qualcomm, are among the companies to object to the mammoth merger amid concerns it could harm competition. The US [...]