Apple accuses Fortnite creator of ‘publicity stunt’ in app dispute September 16, 2020 Apple has said any damages experienced by Fortnite creator Epic Games after being removed from its App Store are “entirely self-inflicted”, as a legal battle between the two firms rages on. In new legal filings, Apple said Epic could immediately reverse the tech giant’s decision to ban the app by complying with the App Store’s [...]
FXCM stock baskets offer cream of the crop industry stocks September 16, 2020 It’s been months now of lockdown, and with the majority of the world spending more time working from home with CNN, BBC and Bloomberg playing on the TV in the background, it is no surprise there has been a surge in new day traders looking to take advantage of the current market volatility by beginning [...]
Crypto AM shines its Spotlight on Blok BioScience September 16, 2020 There are many companies both large and small putting forward all manner of technology solutions to help manage the pandemic. Some are contact trace solutions while others are immunity passports. Some make clever use of modern database capabilities while others rely on DLT of various flavours. Some are centralized repositories with impressive analytical inference tools [...]
FTSE 100 and US stocks jump after strong Chinese industrial data September 15, 2020 The FTSE 100 rose sharply and US stocks opened higher as investors reacted well to stronger-than-expected economic data from China. Britain’s main stock index was up nearly one per cent during the afternoon session at 6,085 points. The FTSE 250 index – which is made up of slightly smaller firms – climbed 0.6 per cent. [...]
M&A sprees are addictive… and they cause me to sell, sell, sell September 15, 2020 Aswath Damodaran has a blunt message for companies considering an acquisition: “Don’t do it.” “I firmly believe that acquisitions are an addiction, that once companies start to grow through acquisitions, they cannot stop,” Aswath Damodaran, Professor of Finance at New York University Stern School of Business, told the audience at the CFA Institute Equity Research [...]
Google reduces entire carbon footprint to zero September 14, 2020 Google has said it has now reduced its entire carbon footprint to zero, after using “high-quality carbon offsets” to wipe out its fossil fuel legacy. The tech giant said its activities became carbon neutral in 2007, but has now completed its mission of removing its carbon footprint entirely. Chief executive Sundar Pichai, who also runs [...]
Crystal ball: Here’s what the Oracle deal could mean for Tiktok September 14, 2020 Tiktok owner Bytedance is said to have clinched a deal to offload management of the app’s US operations to software giant Oracle, after turning down a widely publicised bid from Microsoft. US President Donald Trump ordered Bytedance to separate itself from its US arm in August, giving the firm a 45-day deadline to find a [...]
Nvidia to buy UK chip designer Arm for $40bn September 14, 2020 US tech giant Nvidia has announced it will buy UK-based computer chip designer Arm from Softbank for as much as $40bn. Nvidia has said the business will continue to be based in Cambridge and that it will invest in a new artificial intelligence research centre on site. It will also keep Arm’s branding and is [...]
iPhone absence offers Apple chance to show increasingly diverse portfolio at new product launch September 12, 2020 Apple’s product launch next week will be missing an iPhone for the first time in almost a decade. The latest instalment of the company’s most successful product has had its launch delayed until October due to coronavirus-related supply chain disruption. At the “Time Flies” event on Tuesday, Apple will unveil its sixth generation Apple Watch, [...]
Timing a Token Launch September 11, 2020 It’s March 2020. Countries across Asia are closed for travel and movement. Italy has come under the global spotlight because of its strict and indefinite lockdown period. Spain isn’t far behind. The world is becoming alert to a new, deadly virus and supermarkets are being overrun by panic buyers. Economists are predicting a formidable depression [...]