Apple reveals iPhone 15 amid stock price struggles September 12, 2023 Apple is trying to clamber back from a share price topple last week and grapple with falling global phone demand with the reveal of its latest innovations in California.
Google vs the US Government: Tech giant in biggest antitrust trial in decades September 12, 2023 Google will confront a threat to its dominant search engine beginning on Tuesday when federal regulators launch an attempt to dismantle its internet empire in the biggest US antitrust trial in a quarter century. Over the next 10 weeks, federal lawyers and state attorneys general will try to prove Google rigged the market in its [...]
Arm: Chip firm expecting to close IPO at top of $50bn-plus range September 11, 2023 British chip designer Arm is reportedly set to hit the upper range of its valuation target as the year's biggest IPO creeps towards completion.
AI companies should to be allowed to build quickly, and we need to let them get on with it September 10, 2023 Dr Chris Kacher urges the world to set aside concerns and embrace a future inevitably laced with artificial intelligence.
FTSE 100 live: London rallies at end of week after mixed bag for European and US markets September 8, 2023 The FTSE 100 rallied at the end of the week to finish up by half a percent, after a mixed bag in Europe and US markets weighed down sentiment earlier on. London’s premier bluechip index was at 7,478.19 points by close, finishing 0.49 per cent up after hovering between being under marginally up and down [...]
Google faces £7bn UK legal claim over anti-competitive search engine practices September 7, 2023 Google is the subject of a new multibillion-pound legal claim in the UK which accuses the tech giant of shutting out competition in mobile search and driving up prices for consumers as a result. The claim, filed with the Competition Appeal Tribunal, is seeking around £7 billion in damages for UK consumers. It accuses the [...]
China bans government officials from using iPhones for work – report September 6, 2023 China has reportedly ordered officials at central government agencies not to use Apple's iPhones or other foreign-branded devices for work.
Land of milk and honey? Why New York may not be a panacea for UK firms September 6, 2023 When second-hand car platform Cazoo announced a shift onto the public markets in 2021, it looked from most angles to be a true-blue British success story. Just three years after its foundation, this Amazon of old cars would debut on the stock market and pocket its founder Alex Chesterman the multi-million dollar payday most entrepreneurs dream of. [...]
One Media shares soar 18 per cent after Gloria Gaynor and The Drifters amp up catalogue September 5, 2023 Shares in One Media IP rose as much as 18 per cent on Tuesday afternoon, after the digital music rights firm announced it has snapped up a new catalogue of iconic grooves. The AIM-listed content provider bought the licensor’s income share of the “Entertain Me” catalogue of rights which includes over 15,000 tracks from top [...]
Arm aims for £41bn valuation in IPO September 5, 2023 Cambridge-headquartered chip designer Arm is targeting a valuation of up to $52bn (£41bn) in its upcoming initial public offering in New York, the company said today.