After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Jeremy Corbyn and Donald Trump are two sides of the same protectionist coin | City A.M. July 26, 2018 Protectionism is like a boomerang: just as soon as you think it’s out of sight, it flies back threatening to hit you square in the face. “Tariffs are the greatest!” tweets Donald Trump, while Jeremy Corbyn unveils a plan to stop non-UK firms from bidding for public contracts. Economists do not often agree, but one [...]
Sorrell ramps up tensions with WPP after resignation of Chinese director July 25, 2018 Former WPP boss Sir Martin Sorrell has ramped up tensions between him and his former employer by commenting on the exit of one of its Chinese board members. Hugo Shong stepped down from the board earlier this year, saying that "additional commitments outside WPP and increased pressure on his time and availability" had led him [...]
Why loneliness is something that we need to tackle together July 25, 2018 For those of us lucky enough to have busy, stimulating social lives – it’s hard to imagine that feeling isolated or lonely will affect many of us at some stage. But what do we mean by loneliness? The textbook definition of loneliness is a hollow despair that damages our confidence, mental and physical health. Due [...]
Facebook’s (FB) long-promised growth slowdown seems to be nowhere in sight | City A.M. July 22, 2018 Consensus estimates have put Facebook’s revenue for its second quarter at $13.4bn (£10.3bn), representing over 43 per cent year-on-year growth despite the company warning investors for some time that revenue growth rates will “decelerate on a constant currency basis”. With results set to be released on Wednesday, pressure has weighed heavily on the social media [...]
Facebook suspends another data analytics firm over surveillance concerns | City A.M. July 21, 2018 Tech giant Facebook has suspended another analytics firm during its own investigation into data sharing and collection on the social media platform. Crimson Hexagon, a US company offers “consumer insights” and works with government agencies around the world. The Wall Street Journal also reported that the firm had contracts “to analyse public Facebook data for [...]
Elon Musk’s fall should bring our stratospheric expectations down to earth July 20, 2018 Stop what you’re doing, everyone. Elon Musk – serial entrepreneur, space crusader, and cult figure to climate progressives – has given us the one thing we never expected to see from him: an apology. The Tesla founder had little choice. While the world was celebrating the miraculous rescue of the 12 boys and their football [...]
I’m a capitalist, you idiot – and if you value freedom, you are too | City A.M. July 20, 2018 I was asked on a podcast this week if capitalism and communism can co-exist. The short answer is, yes: capitalism has created wealthy, liberal and diverse societies, which tolerate a range of ideologies – even ones as fanciful and hazardous as communism. But the harmonisation stops there. The freedom that capitalism inspires and the force [...]
Google’s record $5bn fine: Here’s how the industry reacted July 18, 2018 Tech goliath Google was hit with a record-breaking €4.3bn (£3.8bn) fine by European antitrust regulators today over “serious illegal behaviour” with its Android operating system. Brussels concluded that Google forced smartphone makers to favour its own products such as Search and Chrome if they wanted to run on Android, which is used on 80 per [...]
How county cricket is fighting back by embracing live streaming | City A.M. July 17, 2018 Depending on who you listen to, county cricket is either in bloom or wilting on the vine. Its flagship event, at least in theory, is the County Championship – a venerable 128-year-old competition which sees 18 counties play four-day matches throughout the summer. It has taken some flak in recent years – and not just [...]
Flipboard’s boss Mike McCue on fake news, float plans and Facebook | City A.M. July 16, 2018 Flipboard chief executive Mike McCue is unlikely to get hauled in front of the US Senate any time soon. The founder of the Palo Alto-based news and social content aggregator is an evangelist for quality content, using a combination of trained journalists and algorithms to weed out “fake news” on its platform. “We want us [...]