Big tech hits back as CMA flags ‘harmful” cloud dominance by Microsoft and AWS July 31, 2025 Big Tech companies have pushed back against a damning report from the UK’s competition watchdog, which warned that Microsoft and Amazon’s dominance in the £10.5bn cloud computing market is stifling competition and harming UK businesses. The Competition and Markets Authority (CMA) on Thursday published the final findings of its 21-month cloud investigation, concluding that Microsoft [...]
Meta and Microsoft face AI earnings test July 30, 2025 Meta, the owner of Facebook, and Microsoft will post second-quarter earnings after US markets close today (Wednesday 30 July) with analysts focused squarely on how both tech titans are monetising their multibillion-dollar artificial intelligence (AI) bets. Shares in both firms have surged around 20 per cent so far this year, fuelled by investor enthusiasm around [...]
Klarna’s AI push takes centre stage ahead of IPO July 30, 2025 Klarna seems to be making all the right steps about its AI ambitions, but is the Swedish fintech giant genuinely building an AI-first model for its users or simply crafting a compelling narrative for its much-anticipated IPO? “I’m not sure it gets a choice in the matter” Chris Jones, managing director at PSE told City [...]
EE capitalises on parental fears with safer SIMs for under 18s July 29, 2025 EE has unveiled ‘safer SIMs’, a trio of under‑18 mobile plans that bundle together network‑level content filters, throttled speeds, scam protection, and a ‘P.H.O.N.E.’ Chat guide. The move has been backed by in‑store safety clinics across 400+ UK branches and is pitched directly at parents overwhelmed by children’s digital exposure. At her debut briefing as CEO [...]
UK cider set to benefit from sweetest apple crop ‘in recent memory’ July 29, 2025 Multiple heatwaves in the UK have boosted expected yields from the UK’s orchards, with this year’s cider crop to be bigger and better than in recent years. The UK’s driest and hottest spring for over a century has concentrated the sugar content of apples, making them smaller but sweeter. “Last year was a perfect storm [...]
Alphabet and Tesla to kick off pivotal week for the Magnificent Seven July 23, 2025 The high-stakes earnings season for the Magnificent Seven tech giants begins on Wednesday, as Tesla and Alphabet report after the closing bell. With both companies under pressure to justify elevated valuations and market leadership, their results could set the tone for the rest of the sector’s global heavyweights – and for equity markets more broadly. [...]
CMA targets Apple and Google’s market dominance to strengthen UK app market July 23, 2025 The UK’s competition watchdog has proposed a sweeping shake-up of the mobile app economy, with plans to designate Apple and Google as having “strategic market status” (SMS) – a move that could open the door to new rivals, lower development costs, and broadly loosen the tech giants’ tight grip on the mobile ecosystem. In a [...]
How can British businesses prepare for tariffs, and does Brexit help? July 19, 2025 The Insight in 15 is a new podcast from professional services firm KPMG offering a fresh perspective on major issues for business leaders. The 10-part series will cover a range of topics by cutting to the chase, setting out the risks and opportunities, and providing insights those at the top of big businesses can put [...]
Does NFL hold key to resolving football’s bitter welfare row? July 17, 2025 A bitter row between Fifa and players’ union Fifpro escalated at the recent Club World Cup in the US, but looking across the pond could provide the solution. Fifa president Gianni Infantino may be fond of his slogan “football unites the world” but the recent Club World Cup only appeared to drive a wedge even [...]
Coq d’Argent review: Is this the best rooftop restaurant in the City? July 15, 2025 City AM’s inaugural Toast the City Awards has set off to discover the things that make the Square Mile great, from the coffee shop you always stop at to the gym class you never skip. Among the categories is the Best Restaurant, which will celebrate the top place to eat in the City of London. This [...]