Cinema chain boss says he wants to accept Dogecoin as payment method September 22, 2021 AMC Cinema chain CEO Adam Aron says he is now looking into the mechanics of accepting Dogecoin as a means of payment.
Post-Brexit ambitions: UK outlines 10-year plan to become global leader in AI September 22, 2021 The UK has outlined a 10-year plan today to make the country a leader in Artificial Intelligence (AI), in a bid to draw in foreign investment and shape the way it is regulated globally. In the country’s first AI strategy, which comes amid London Tech Week, the UK has proposed a new white paper on [...]
Exclusive: Chatrooms and Reddit groups increasingly drive traders’ decisions September 22, 2021 Chatrooms and social media groups are increasingly driving UK traders’ investment decisions, according to new data that was exclusively shared with City A.M. today. UK investors are catching the investment chatroom bug with nearly one in ten regular traders using chatrooms to research ideas, ETP provider GraniteShares has found. Subreddits such as WallStreetBets are increasingly [...]
ICAS CEO: ‘Finance professionals are keeping businesses alive’ September 22, 2021 The pandemic has shown CAs at their best. Now we have to build on that trust by continually demonstrating how our actions benefit the greater good, says ICAS CEO Bruce Cartwright CA. This article first appeared in ICAS’ CA magazine. When I speak to students who are joining ICAS to pursue their CA qualification, something I [...]
MPs to grill social media giants over ‘inaction’ on financial fraud September 21, 2021 MPs will tomorrow probe the role of online giants like Facebook and Google in preventing financial fraud amid concerns the companies are letting scammers run rampant on their platforms. Westminster’s Treasury Select Committee will grill senior figures from Amazon, Google, Facebook and eBay for its inquiry into “combatting economic crime”, with one MP lamenting “the [...]
A letter from Google to Big Tech September 21, 2021 Tomorrow the Treasury Select Committee will call representatives from across tech companies to explain the role we each play in helping prevent financial scammers exploiting online platforms. In the UK, people are targeted by increasingly sophisticated scammers on and offline, causing financial and emotional difficulty for many people. According to UK Finance, in 2020, total [...]
The paradox of fashion NFTs September 21, 2021 Brands should carefully weigh up NFT opportunities before jumping on the bandwagon, says Crypto AM columnist Stefania Barbaglio.
The Only Way Is Essex star Lewis Bloor accused of conning 200 people in £3m diamond scam September 21, 2021 A cast member of the popular TV show The Only Way Is Essex allegedly used a fake name to con hundreds of people in a £3m diamond scam, a London court was told today. Lewis Bloor 31, who joined the cast of the ITV2 reality show for three years from 2013, allegedly posed as “Thomas [...]
How boosting social mobility can broaden the talent pipeline September 21, 2021 New research backs up the importance of higher education in boosting social mobility and broadening the talent pipeline. Anna Melville-James hears how the ICAS Foundation is playing its part. This article first appeared in ICAS’ CA magazine. Education is a key factor in social mobility. It has the power to change lives and liberate potential. Recent [...]
Twitter to stump up £592m to settle claims it misled investors about user base growth September 21, 2021 Social media giant Twitter said early this morning UK time it has agreed to pay $809.5m, about £592m, to settle a consolidated class action lawsuit alleging that the company misled investors about how much its user base was growing and how much users interacted with its platform. The San Francisco-based company said the proposed settlement, [...]