WhatsApp launches crypto pilot scheme for US customers December 9, 2021 WhatsApp has launched a new pilot scheme to allow a sample of its US customers to send crypto payments within messaging groups.
A European first: UK cuts technology trade deal with Singapore December 9, 2021 The UK has cut a technology-focussed deal with Singapore which looks to deepen trade ties with the Asian city-state. The Digital Economy Agreement seeks to play on the UK’s strength as a services exporter and will likely help London to continue muscling out continental rivals as the most technologically advanced city in Europe. International trade [...]
Vista drops out of billion-pound bidding war for UK tech firm Blue Prism causing investors to grumble December 8, 2021 The £1.22bn bidding war for technology group Blue Prism appears to be over after US Vista Equity Partners declined to increase its offer.
Genocide lawsuit: Meta defends itself as Rohingya people sue for £150bn December 7, 2021 Meta, the parent company of Facebook, has defended the actions it took to prevent hate speech against Rohingya muslims during the Myanmar genocide. Rohingya muslims are claiming £150bn in compensation from Facebook over its failure to crack down on groups inciting violence against the religious minority and algorithms which amplified and promoted hate speech. Yesterday, [...]
Apple to become the world’s first $3tn company following reports of China secret deal December 7, 2021 Apple could become the world’s first company to reach $3tn, following reports of a $275bn deal struck with China. At today’s market opening, the company’s shares went up to $169.06, peaking at $171.05 – a 3.5 per cent increase compared with yesterday’s closing price of $165.29. Apple’s valuation consequently increased to $2.80tn, putting it in [...]
Musk calls for the US government to scrap EV subsidies December 7, 2021 Celebrity entrepreneur Elon Musk has called out a proposed $2tn (£1.5tn) spending package to support electric vehicles as unnecessary.
US tech firms dominate web searches reaching more than 40m monthly hits each December 7, 2021 Alphabet's Google, Facebook, Amazon and Microsoft are the only website publishers to reach more than 40m people in the UK each month, according to Ipsos Iris data.
UK tech vacancies easier to fill than any other European country December 7, 2021 New analysis by the world’s largest job site Indeed has shown that the number of UK tech sector vacancies posted on the platform doubled (up by 101 per cent) between October 2020 and October 2021.
Rohingya sue Facebook for £150bn over its role in Myanmar genocide December 6, 2021 Rohingya victims of Myanmar's genocide in the UK and US are launching legal action against Facebook over its negligence towards hate speech.
Biotech BenevolentAI to make £1.3bn market debut in Europe’s biggest Spac deal December 6, 2021 British biotech BenevolentAI has today agreed to go public at a €1.5 billion (£1.3bn) valuation in Amsterdam via Europe’s largest-ever merger via a special acquisition company (Spac). BenevolentAI’s deal with Odyssey, a blank cheque company founded by dealmaker brothers Michael and Yoel Zaoui, will allow it to raise €390 million (£332 million) ahead of its [...]