Apple and Goldman Sachs set to launch joint credit card in bid to win over iPhone users February 21, 2019 Apple is reportedly teaming up with Goldman Sachs to launch a joint credit card to help customers manage their finances through their iPhone. The joint venture will allow iPhone users to link the card with the Apple Wallet app, allowing them to better track spending and earn rewards, the Wall Street Journal reported, citing sources familiar [...]
Huawei takes ground from Apple and Samsung in smartphone war February 21, 2019 Tech giants Apple and Samsung are losing their grip on the smartphone market to cheaper rivals such as China’s Huawei, as the sector looks increasingly trapped in a slowdown. Research by consultancy firm Gartner found global smartphone sales stalled in the final quarter of last year year, growing just 0.1 per cent from the end [...]
Qualcomm launches new 5G smartphone chip ahead of network rollout February 19, 2019 Tech giant Qualcomm today unveiled its second generation of chips that allow smartphones to connect to 5G in a bid to fasttrack the rollout of the new network. The US chipmaker said the so-called modem chip is designed to support the global 5G rollout and can also work on 4G networks, allowing greater flexibility for [...]
Samsung Unpacked 2019: Your guide to the launch event as Samsung prepares to unveil Galaxy S10 February 19, 2019 Samsung is gearing up to unveil a spate of new smartphones and wearable gadgets at its Unpacked 2019 event tomorrow night, but several leaks might have taken the wind out of its sails. The South Korean tech giant is expected to launch three new smartphones at a dual launch event in San Francisco and London, [...]
Apple to resume selling older iPhone models in Germany after Qualcomm dispute February 14, 2019 Apple is to resume sales of its older iPhone models in Germany, but only with chips from Qualcomm as part of a long-running patent dispute. The tech giant had to pull some iPhone models out of the country last year in order to comply with a lawsuit won by Qualcomm, which argued Apple had infringed [...]
Financial services sector must prepare as tech giants set to shake up the industry, FSB warns February 14, 2019 The financial services sector must prepare for both the benefits and risks of tech giants shaking up the industry, the global finance regulator has warned. The Financial Stability Board said that tech giants, such as Google, Amazon, Facebook and Apple, were muscling into the financial services sector and predicted that expansion to continue. Read more: [...]
Meet the banker-turned-restaurateur bringing the City’s dining scene to life February 14, 2019 Whatever happened to the liquid lunch? It is a question often asked with nostalgia throughout the Square Mile. Traders in pubs, City executives in boardrooms, journalists and lawyers in wine bars; the sight and smell of booze at noon was at one point in time as much a part of the City’s identity as pin-stripes [...]
Five charts to gauge the environment for equities February 13, 2019 Stock markets wax and wane. The period of time in which they move from a state of expansion (bull market) to one of contraction (bear market), before expanding again is known as the “market cycle”. Last year was an extremely difficult one for stock markets, prompting much commentary as to which ones had “corrected” (falls [...]
Breaking down barriers: Politics and business are crying out for ambitious women’s brilliant ideas February 12, 2019 Politics used to be a man’s game: in the early 20th century, parliament was a club to which women were not invited. Laws were made by men, for men. Gladly, things have changed beyond recognition. We now have our second female Prime Minister, while 2017 saw a record number of female MPs elected. Read more: [...]
Against the tide of shareholder activism February 12, 2019 You cannot blame boardrooms today for being preoccupied, with everything from Brexit contingency planning to the prospect of a Corbyn government. Yet there is another, more pressing need for every UK listed business to be preparing for: activist investors. Shareholder activism, whereby an investor leverages their stake to put pressure on the management of a [...]