What’s causing the current global shortage of semiconductor chips? February 18, 2021 The modern world runs on semiconductors; everything from mobile phones to washing machines depends on these tiny microchips. But few industries are so totally dependent on these microprocessors as the automotive sector, as has been proved time and again over the last couple of months. One by one, a roll-call of the world’s biggest carmakers [...]
Nokia growth knocked by losing part of Verizon 5G contract February 4, 2021 Growth at Nokia has been impacted by the firm losing part of the Verizon 5G contract in the United States to Samsung. Nokia’s new CEO Pekka Lundmark said in October that Nokia would do “whatever it takes” to take the lead in 5G. While both Nokia and its Nordic rival Ericsson have been gaining 5G customers [...]
Intel to probe results hack as chip demand lifts revenue January 22, 2021 Intel is investigating reports that financially sensitive information was stolen from its website last night in a hack that forced the chipmaker to release its quarterly results early. Chief financial officer George Davis told the Financial Times that a graphic in its financial report had been stolen by a hacker. “Once we became aware of [...]
Samsung heir back in prison for bribery scandal January 18, 2021 Samsung heir Lee Jae Yong has been sentenced to two and a half years in prison by a high court in South Korea on Monday. Lee, 52, was found guilty of bribing an associate of former president Park Geun-hye and jailed for five years in 2017 but was released after 12 months. The Supreme Court [...]
CES 2021: Gadgets that wowed us in the first all-digital Las Vegas show January 14, 2021 The first all-digital Consumer Electronics Show has come to an end, and while the event was a little more subdued than normal, there were still some gadgets on show that blew us away. Whether by virtue of their brilliance or their strangeness, here are the gadgets that caught our eye during CES 2021. Razer Project [...]
Intel shares rise as chipmaker replaces chief executive January 13, 2021 Shares in Intel pushed higher this afternoon after the tech giant said it was replacing chief executive Bob Swan following a string of manufacturing missteps. Swan, who has held the top job for just two years, will step down on 15 February and will be replaced with Pat Gelsinger, currently chief executive of software group [...]
CES 2021: The futuristic gadgets killing Covid January 12, 2021 In years gone by, City A.M. would have been on the showroom floor in Las Vegas bringing you the latest news from the frontline of the tech world. This year, of course, the Consumer Electronics Show (CES) has done digital, and if any expo in the world can pull off that feat, it should be [...]
Fintech Curve closes $95m Series C round as it eyes US expansion January 12, 2021 London-based fintech Curve has secured $95m in its latest fundraising round to fuel its expansion into the US and launch a new credit product. Founded in 2015, the startup allows users to consolidate all their credit and debit cards into one smart card and app. The Series C round was led by IDC Ventures, Fuel [...]
Bitcoin soars to over $35,000 for first time January 6, 2021 Crypto at a Glance If you thought the dip at the beginning of this week spelled the end of the bull market, you, my friends, were very much mistaken. This morning saw Bitcoin storm back to another new all-time high of over $35,000, charging through resistance like tanks through milk. This puts Bitcoin among the [...]
The top gadgets of 2020, from the iPhone 12 to the first next gen console December 27, 2020 It already feels like a cliche to describe 2020 as a year we’d rather forget. But it was also a year we found different ways to communicate with each other, and sought solace in digital escapism. In no particular order, here are our favourite gadgets of 2020, with links to our full reviews. Xbox Series [...]