Tiktok parent firm ByteDance boosts stock option buyback October 12, 2022 In a quest to keep staff happy, TikTok’s parent firm ByteDance is reportedly initiating a second stock option buyback for staff at a higher price than the previous one. The Chinese company told staff via email that those eligible can apply to cash out their Restricted Stock Units (RSUs), ByteDance’s stock option programme. It offered [...]
BCB Group’s new DeFi Yield product offers investors attractive returns within a safe structure October 12, 2022 London, 11th October 2022 – BCB Group – a leading provider of business accounts and trading services for the digital asset economy, announces the launch of its latest new investment strategy – DeFi Yield – and appoints Re7 Capital as the fund manager for this strategy. Earlier this year, BCB Group successfully launched BCB Yield, [...]
A Musk move: Twitter weighs up dropping permanent bans October 12, 2022 Twitter is reportedly weighing up policy changes that could mean permanent bans on disruptive users are scrapped. The social media firm has been assessing content moderation tools for a while now, and sources told the Financial Times that this may entail axing its harshest penalty, which was famously applied to former US President Donald Trump. [...]
Intel to cull thousands of jobs amid sales slowdown October 12, 2022 Intel is set to cull thousands of staff as the chipmaker attempts to fight off a sales slowdown. According to initial reports from Bloomberg, the layoffs will be announced as early as this month, slimming back its 113,700 global headcount. Sources told the publication that the sales and marketing teams could see as many as [...]
Chipmakers continue to feel hangover from US export ban October 11, 2022 SHARES in chipmakers continued to tumble today, as the sector feel the hangover of Washington’s decision to limit chip exports to China. Adding fuel to the US-China tech war on Friday, President Joe Biden blocked American firms from selling chips for use in AI and supercomputers in China. He said these curbs were aimed at [...]
UK spy chief tells parents not to worry about letting kids on TikTok October 11, 2022 Top UK spy chief has said he wouldn’t tell youngsters to keep away from TikTok, despite concerns from the government about the Chinese app’s safety. The director of GCHQ Jeremy Fleming told BBC Radio 4’s Today show that he would not be concerned if his own children used the social media, but said he would discuss [...]
Adam Norris: A driving force for the good of the planet October 11, 2022 Adam Norris talks to City PM about his remarkable life, a burning passion for making a difference, and being the father of a Formula 1 star.
3 Great Tech Roles To Apply For This Week October 10, 2022 Looking for a new job in tech? The UK is expected to add nearly 15,000 technology-related jobs this year, according to a recent report from the Computing Technology Industry Association (CompTIA), a nonprofit association for the information technology (IT) industry and workforce. The report also states that there are already two million tech workers across [...]
UK and US make ‘significant progress’ on data partnership as Biden pens EU wide deal October 7, 2022 The government said it has made “significant progress” in securing a new tech and data partnership with the US. It comes as Digital Secretary Michelle Donelan met with US Secretary of Commerce Gina Raimondo earlier today to work on a new data adequacy agreement in the coming weeks. Data adequacy agreements allow personal data to [...]
London toasts Europe’s top talent at ‘Oscars of Tech’ October 7, 2022 | Sponsored Europe’s leading investors and technology entrepreneurs gathered in London’s Hilton Park Lane last night, Thursday 6 October in celebration of the 20th annual GP Bullhound Investor Allstars. Dubbed the ‘Oscars of the tech world’, Investor Allstars is one of the leading events celebrating the very best of Europe’s vibrant tech industry, shining a light on [...]
