CES 2019: Tech firms set to chase Vegas lights for gadget bonanza January 6, 2019 This week marks the dawn of CES 2019, an annual trade show held in Las Vegas where startups and tech giants alike debut some of the world’s hottest new gadgets. Following on from last year’s most popular trend, voice assistants and artificially intelligent products are expected to take centre stage. Samsung is thought to be [...]
Apple’s sales warning hits European stocks as it places the blame on China January 3, 2019 Apple sent shockwaves through global markets last night after it issued a second consecutive warning against its sales performance, causing suppliers' stocks, European markets and emerging currencies to spiral. Chief executive Tim Cook cut Apple's quarterly sales target late last night, blaming weak iPhone sales in China and fewer customers upgrading their iPhones in an open [...]
Oil prices drop as investor confidence plateaus following a rally on the markets yesterday December 27, 2018 Oil prices fell this morning after a rally which saw the price of Brent crude soar around eight per cent yesterday. International standard Brent crude fell around one per cent to $53.92 per barrel in the early morning as worries over increased supply and poor global economic conditions helped mitigate upwards pressure from the stock [...]
Why voice assistants are set to make their ‘presents’ known this Christmas December 18, 2018 Christmas is now only a week away, and unsurprisingly gadgets will be taking up a lot of space under the tree, as people want to get their hands on the latest tech. Voice assistants are set to be an affordable, useful gift for many this year, and have become one of the hottest presents on [...]
UK chipmaker Graphcore gains unicorn status with $200m funding from BMW and Microsoft December 18, 2018 UK artificial intelligence chipmaker Graphcore has raised a $200m (£158.1m) series D funding round from BMW and Microsoft, valuing the firm at $1.7bn. The round brings Graphcore's total amount raised to date to over $300m, with its new investors joining existing backers such as electronics founder Robert Bosch, Dell and Samsung Electronics. The round was led by London venture [...]
South Korea launches raid on Samsung subsidiary amid fraud probe December 13, 2018 South Korean prosecutors investigating alleged accounting fraud yesterday raided the offices of Samsung’s biopharma unit and its two auditors, KPMG and Deloitte. The Financial Services Commission, which last month suspended trading in Samsung Biologics shares, claims the company intentionally breached accounting rules before listing in 2016. Biologics, which denies wrongdoing, said today that investigators had [...]
Huawei Matebook X Pro review: The Chinese tech giant’s laptop is a true MacBook Pro rival December 13, 2018 Huawei has been in the headlines for all the wrong reasons lately. The news comes at a time when the Chinese phone giant is only just beginning to drum up some real brand recognition in Western markets. In a few short years critics have stopped making jokes about how difficult it is to pronounce the company’s name [...]
Asian stocks rocked by arrest of senior Huawei executive in Canada December 6, 2018 Asian stocks were hit had this morning by news of the arrest of the daughter of the founder of Chinese tech firm Huawei in Canada. Meng Wanzhou, who is also Huawei’s chief financial officer, was arrested in Canada on 1 December and faces extradition to the US. She was arrested in connection with the violation [...]
Five reasons why tech stocks are in trouble November 27, 2018 For months, technology stocks have been the holy grail for growth, with valuations reaching dizzying heights. So, considering that what goes up must come down, perhaps it’s not surprising that stocks started tumbling last week. Share prices for each of the five tech giants – Facebook, Amazon, Apple, Netflix, and Google (the so-called Faangs) – [...]
Big corporations score poorly in new lobbying transparency ranking November 26, 2018 The vast majority of large international corporations are falling short when it comes to transparency on political engagement, a new report has found. An index produced by Transparency International UK (TI-UK), an NGO that campaigns against global corruption, found that four in five companies had poor standards in disclosing their lobbying efforts. Nearly all failed [...]