Activision Blizzard board denies claims execs turned blind eye to gender harassment June 16, 2022 Activision Blizzard board members have pushed back against claims that execs ignored or downplayed gender harassment at the firm.
Google’s copycat ‘YouTube Shorts’ nabs 1.5bn monthly users as it tries to keep up with TikTok June 16, 2022 YouTube's TikTok copycat video format is scoring big, with the Google-owned firm announcing that its YouTube Shorts is now being watched by over 1.5 billion logged-in users every month.
Big Tech agrees to a big EU fake news crack down June 16, 2022 Meta, Google, Microsoft and Twitter have agreed to have a stronger approach to disinformation as the EU pushes forward with a fresh code of practice.
Apple to face £768m lawsuit over claims iPhone update slowed down devices June 16, 2022 Apple is set to face a £768m class action lawsuit over claims it misled iPhone users into downloading updates that slowed old iPhones down. Campaigner and consumer champion Justin Gutmann has filed a claim to the competition appeals tribunal, seeking around £768m in damages for up to 25m British iPhone owners. The lawsuit comes after [...]
London-listed medicinal cannabis company looks to treat brain tumours with CBD June 16, 2022 Medicinal cannabis company MGC Pharmaceuticals has successfully completed a pre-clinical trial in using cannabinoids to treat a type of brain tumour. The London-listed firm said the three-year in-vitro trial into the treatment of Glioblastoma, a fast-growing and aggressive form of brain tumour, delivered “outstanding results”. The study, which used 30 biopsy samples from 18 patients, [...]
KPMG strikes deal with Alteryx to boost data analytics capabilities June 16, 2022 KPMG entered into a “strategic alliance” with California tech firm Alteryx, as part of the accountancy firm’s push to boost its data analytics capabilities. The Big Four firms’ deal with the analytics automation firm will see KPMG push forward with plans to automate its own systems, while also giving it the means to help clients [...]
Labour to announce review to ensure more start-ups list in London June 15, 2022 Labour will tomorrow launch a review that aims to ensure that the UK is the best place in the world for start-ups, with the party wanting more to go public in London. Shadow chancellor Rachel Reeves has enlisted former Tory Treasury minister, and renowned economist, Lord Jim O’Neill to “explore how to ensure start-ups can [...]
Qualcomm comes out victorious in EU antitrust battle as Vestager’s Big Tech crack down starts flailing June 15, 2022 Qualcomm has come out victorious this morning after the chipmaker won its battle against a €997m (£862m) fine imposed by EU antitrust regulators four years ago, raising eyebrows for the bloc's attack on Big Tech dominance.
Watch out Apple: London’s smartphone maker Nothing reveals fresh model following £166m Alphabet funding June 15, 2022 London tech start-up Nothing unveiled the design of its debut smartphone this morning after securing more than $200m (£166m) in funding from the likes of Alphabet’s venture capital arm EQT Ventures.
SoftBank lines up dual listing in London for Arm IPO June 15, 2022 SoftBank is lining up a London listing for some of its stake in British chipmaker Arm, in a turnaround from earlier plans to float the firm solely in New York, according to reports.