The City View: James Burstall on post-lockdown production July 28, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy Silvester is joined by James Burstall, the chief executive of TV and film production company Argonon Group, whose credits include The Masked Singer and a host of critically acclaimed documentaries. James talks about pivoting the business as Covid-19 hit, preparing for an extended period without being able [...]
Facebook sues EU regulator for invading employee privacy in antitrust probe July 27, 2020 Facebook has said it is suing the EU antitrust regulator for attempting to gain information beyond what is necessary for its case against the firm. The tech giant said this included seeking highly personal details from its employees, such as medical history and information about family members. The European Commission has been probing Facebook since [...]
Google to extend working from home until mid-2021 July 27, 2020 Google has said it will be extending its offer that all staff who can work from home can continue to do so until the end of June 2021. The search giant had said in May it would begin reopening more offices globally as early as last month, but most Google employees would likely continue to [...]
Facebook forced to delay results as tech giants size up Super Thursday July 27, 2020 Facebook has been forced to push back its second-quarter results due a scheduling clash, putting the earnings of all four major US tech giants on the same day. Facebook, Apple, Amazon and Google will now all report their quarterly earnings after markets close on Thursday. The chief executives of the four companies are also set [...]
Bitcoin breaks past $10,000 for first time in two months July 27, 2020 Bitcoin jumped past the $10,000 mark for the first time in almost two months this morning, after several weeks of trading in narrow ranges. In addition to suffering pricing blows due to the economic fallout from the coronavirus outbreak, the cryptocurrency went through its third so-called halving on 11 May, which cut the rewards given [...]
The City View: Emily Nicolle on London’s fintech scene July 27, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy Silvester is joined by City A.M.‘s very own Emily Nicolle, our Night and Tech Editor. Emily talks about exclusive new data on the state of Britain’s fintech finances, Apple’s ongoing battles with the European Commission and big tech’s recent troubles. Andy also looks at the government’s removal [...]
Bespoke Aston Martin Vanquish 25 is a retro supercar dream July 25, 2020 Die Another Day certainly isn’t the best Bond film – and frankly, Pierce Brosnan isn’t the best Bond. But the Aston Martin Vanquish might be the coolest car modified by Q Branch. Having shaped the Vanquish two decades ago, Ian Callum has now modified one, too. The famous car designer’s new company – simply called [...]
Six by Nico: “The chippie” goes high-end as London’s newest destination opens July 25, 2020 The struggles of the hospitality industry have been well-documented. So Nico Simeone would have been entitled to be more nervous than usual opening his new London restaurant just as lockdown lifted. Not so, though, he tells City A.M. “There are always a bit of nerves when opening in a new city but we have a [...]
Markets live: FTSE 100 and US stocks drop sharply as US-China tensions flare July 24, 2020 The FTSE 100 and US stocks fell after US-China relations soured and rising coronavirus cases threatened the global economic recovery. London’s blue-chip index closed 1.4 per cent lower at 6,124 points, despite some better-than-expected economic data. The FTSE 250 closed 1.3 per cent down. Read more: Asian shares retreat as US-China tensions sour Germany’s Dax [...]
Intel’s next-generation chip delay sparks shares sell-off July 24, 2020 Intel’s share price sank more than 16 per cent as markets opened this afternoon, after it said it would be postponing the launch of its next-generation chip. Intel said it would be pushing back the launch of the 7 nanometre (7nm) chips by six months until 2022, after it identified a “defect” in its manufacturing [...]