S&P says UK banks will ‘ease’ rather than ‘roar’ into 2020s January 7, 2020 US credit rating agency Standard & Poor’s (S&P) has predicted UK banks will “ease” rather than “roar” into the 2020s as low interest rates, technological disruption and political risks present new challenges to the sector. British lenders had a torrid 2019, with expensive misconduct charges denting their balance sheets and Brexit uncertainty casting gloom over [...]
DEBATE: Are calculations like ‘High Pay Day’ useful to the conversation around executive salaries? January 7, 2020 Are calculations like ‘High Pay Day’ useful to the conversation around executive salaries? Charles Cotton, senior pay and reward adviser for the CIPD, the professional body for HR and people development, says YES. Most people expect Britain’s top executives to be on higher salaries than the rest of society. However, “High Pay Day” shines a [...]
‘Don’t be evil’: Google abandoned motto and lost its way, says former exec January 6, 2020 Google’s former head of international relations has hit out at the company’s human rights record and corporate culture in a blog post detailing why he left the tech giant. Ross LaJeunesse, who left Google in May last year after 11 years at the firm, claimed that “standing up for for women, for the LGBTQ community, [...]
Why more and more fund managers are turning to shareholder activism January 6, 2020 According to Greta Thunberg, “the danger is when politicians and CEOs are making it look like real action is happening, when in fact almost nothing is being done.” She may find some unlikely bedfellows in the Square Mile. Active fund managers have endured a torrid time of late. The Woodford saga and M&G’s decision to [...]
The top tech predictions for 2020 January 6, 2020 Welcome to 2020. After a week or more of festive cheer and turkey-induced fatigue, it’s time to get back to work. But don’t despair. The year — and decade — ahead is set to be an exciting one, especially in the world of technology. To find out what changes may lie ahead, City A.M. asked [...]
Apple rekindles relationship with Imagination Technologies with new deal January 2, 2020 Apple has struck a new licensing deal with a British chipmaker it had previously cut ties with three years ago. Apple previously used chips that were made by Imagination Technologies, before breaking off the partnership in 2017. Read more: Apple supplier Imagination Technologies swings to biggest ever loss Today, Imagination said it had “formed a [...]
Google workers exposed to chemical that causes birth defects December 29, 2019 Google has admitted that some of its employees have been exposed to harmful chemicals than can cause birth defects. Factory workers making Google products, but hired by an outside supplier, have been exposed to N-Methylpyrrolidone, which can cause birth defects and serious skin and respiratory irritation. Read more: France fines Google over anti-competitive behaviour The [...]
France fines Google €150m over anti-competitive behaviour December 20, 2019 France’s competition authority has fined Google €150m (£123m) for anti-competitive behaviour and mistreating advertisers who bought keyword adverts on its search engine. The search engine giant was accused of “brutal and unjustified” suspension of some advertisers by French authorities, which accused Google of abusing its dominance in the sector. Read more: Amazon, Apple and Google [...]
Thin, light and mighty, the Surface Laptop 3 is Microsoft’s MacBook killer December 18, 2019 Microsoft’s Surface range of hardware has been around for seven years, but still manages to impress with each new device launched. Laptops that appear to have been sculpted out of single blocks of brushed metal. Tablets housed in alacantra keyboard cases. Two-in-one hybrids with skeletal, alien hinges, and gravity-defying desktop machines poised on silent hinges. [...]
Amazon, Apple and Google team up to break home tech barriers December 18, 2019 Amazon, Apple and Google are teaming up to develop a new standard for compatibility across smart home products and appliances, the companies said today. The standard could unify a home’s electrical ecosystem and break down barriers between platforms, enabling consumers to rely on multiple providers for a streamlined service. Read more: Smart homes could transform [...]