Could tech stocks lose their shine in 2022? January 7, 2022 If you wanted to put money in the stock market over the past five years, then a sure-fire bet has been to invest in US tech stocks, which have significantly outperformed the wider markets. That divergence in performance has been particularly noticeable since the start of the pandemic, as the crisis spurred new ways of [...]
Advertising tech firm Smartly snaps up London-based Ad-Lib for $100m January 6, 2022 View Post Advertising technology giant Smartly has snapped up a London-based Google advertising firm as it looks to broaden its reach beyond social media. Ad-Lib, which provides Google-focused creative advertising services, was acquired by Helsinki-based Smartly for over $100m, the Wall Street Journal reported. Smartly’s technology previously focused on providing paid social media advertising services [...]
Playtech delays takeover decision as bidding war looms January 5, 2022 Playtech has delayed a shareholder vote on a takeover today as a potential bidding war looms.
Investors eye Concurrent Technologies as it navigates chip shortage storm January 5, 2022 Concurrent Technologies has enjoyed a share price jump today after confirming to shareholders that it has successfully navigated the chip shortage storm so far. The global shortage of semi-conductor chips amid the pandemic has prompted several automotive and technology firms to draw back production due to the restricted supply over the past 12 months. However, [...]
Tech Special: The jobs, sectors and countries most at risk of automation and robotics in 2022 January 5, 2022 Digital change and automation are driving enormous productivity gains in the world of work. However, the rapid changes mean many individuals, businesses and even entire nations will be hugely impacted by automation and tech, with some roles and jobs to be replaced by robots altogether. Many of the industries that are most at risk of [...]
Google launches hacker crack down as it snaps up Israeli cybersecurity firm Siemplify for £371m January 4, 2022 Google, also known as Alphabet, has acquired Israeli cybersecurity startup Siemplify for an estimated $500m, as the giant gears up for the rise in cyber attacks and data breaches.
Banker bots: Amid increasing competition for top talent, banks could turn to AI January 4, 2022 Banks could begin to turn to artificial intelligence (AI), after the competition for top talent has prompted a battle of who can name the highest salary figure for newcomers. JPMorgan and Goldman Sachs have already dedicated teams to modernising their M&A advisory and capital markets businesses. And with pay for junior analysts at rival Morgan [...]
US phone giants delay 5G rollout following airplane safety fears January 4, 2022 Two of the largest US phone firms have agreed to delay the rollout of 5G services following government concerns about airplane safety.
Elizabeth Holmes found guilty of four counts of fraud after Theranos blood testing scandal January 4, 2022 Theranos founder Elizabeth Holmes has been found guilty of conspiring to defraud investors. A jury in California found Holmes guilty on four of 11 counts, including conspiracy to commit fraud against investors and three counts of wire fraud. Holmes was accused of knowingly misleading investors over her blood testing start up, lying that her technology [...]
Apple becomes first company to hit $3n market value January 4, 2022 Apple became the first company to reach a $3tn stock market value, before slipping slightly at the end of the day on Monday. The Silicon Valley titan hit a record high of $182.88, placing Apple’s market value just above $3tn yesterday. The stock ended the session up 2.5 per cent at $182.01, with Apple’s market [...]
