China’s economy grew 4.9 per cent in third quarter October 19, 2020 China’s economy expanded 4.9 per cent year-on-year in the third quarter, missing expectations but storming ahead of other nations still suffering the economic fallout from the pandemic. Chinese GDP continued its recovery between July and September, marking a second consecutive quarter of growth following a 3.2 per cent hike in the second quarter. The return [...]
There are few ways to skin a crypto podcast October 15, 2020 Podcasts are pretty weird, but Steve Jobs was always a big fan as I reported for Forbes more than two years ago. He insisted that podcasts were the audio of the future and while he could never have predicted (or could he?) how they would prosper during a time of plague, his insistence they be [...]
The City View: LMAX CEO urges City to ‘support young talent’ amid Covid October 15, 2020 In this episode Christian talks to David Mercer, CEO of LMAX Group, the fast-growing fintech firm and FX and institutional crypto exchange that clocked up $56m (£43m) in gross profit in 2019, with trading volumes of $3.5tn. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS LMAX Group is listed in the Deloitte Fast 50 and The Sunday Times [...]
Google Pixel 5 review: Google storms into the 5G race with a low-cost flagship to rival Apple October 14, 2020 Seems like Google really took criticism of the Pixel 4’s short battery life to heart. The new flagship, 5G enabled Pixel 5 is the longest lasting phone I’ve used since my old Nokia 3310. Like some demented Duracell bunny, it simply refuses to die. Even during my honeymoon period with the phone, when I’m playing [...]
Amazon to escape UK tech tax as global crackdown falters October 14, 2020 Amazon is facing fresh scrutiny over its tax liabilities after it emerged the tech giant will not be affected by the government’s landmark digital services tax. In April ministers unveiled the new tax — which charges a two per cent levy on the revenue of internet companies — saying it would ensure companies contribute their [...]
iPhone 12: What’s new with Apple’s first 5G phone? October 13, 2020 Apple has unveiled its first 5G compatible mobile phone – the iPhone 12 – in a move chief executive Tim Cook said was the “beginning of a new era”. Apple’s first 5G iPhone has been eagerly awaited. The company set the tech world abuzz when it unveiled the “Hi, Speed” tagline for this year’s event, [...]
Facebook donates £1m to Bletchley Park after Covid-19 hit October 13, 2020 Facebook has donated £1m to Bletchley Park to help the World War Two code-breaking hub survive the impact of the coronavirus pandemic. The social media platform described Bletchley Park as “one of the UK’s national treasures” and said its donation aimed to help keep it open to the world. During the Second World War Bletchley [...]
FTSE 100 closes lower amid new restrictions but US stocks rise October 12, 2020 The FTSE 100 closed lower after Prime Minister Boris Johnson introduced a new three-tier Covid alert system but US stocks rose as investors hoped for more stimulus. London’s blue-chip index ended the day 0.3 per cent lower at 6,001 points. The mid-cap FTSE 250 rose 0.5 per cent, however. Read more: Government set to unveil [...]
iPhone 12: Everything you need to know about this week’s Apple event October 12, 2020 The tech rumour mill went into overdrive last week after Apple sent out invitations for its next major product event. The event, which will kick off at 5pm UK time tomorrow, is expected to host the unveiling of the eagerly-awaited iPhone 12, which was originally scheduled for September but was pushed back due to the [...]
EU regulators draw up ‘hit list’ of tech giants to share data with smaller rivals October 12, 2020 European Union regulators have reportedly drawn up a “hit list” of around 20 tech giants, potentially including Facebook, Apple, Amazon and Google, to reduce their market power. The internet platforms will be hit with tougher regulations than their smaller rivals under the new rules. They will be forced to share data with competitors and be [...]