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The origins of Silicon Valley – long before Facebook, Google and Apple – are inextricably linked with America’s defence establishment. It was Pentagon funding that helped to develop the internet, while Fairchild Semiconductor – now seen as the original Valley start-up – began by making chips for Cold War missiles and the rockets that put … Read more
As investors shrug off bleak OECD warning, tech boom drives stocks to new highs By Matt Oliver For The Daily Mail Published: 22:13 BST, 26 August 2020 | Updated: 22:13 BST, 26 August 2020 Global stocks set records last night as investors shrugged off coronavirus pandemic fears. Booming demand for tech stocks and fresh hopes … Read more
New Look aiming to cut its rent to zero on 68 stores in drastic plan to rescue ailing fashion chain and 11,200 jobs in wake of Covid-19 outbreak By Tom Witherow For The Daily Mail Published: 22:13 BST, 26 August 2020 | Updated: 22:13 BST, 26 August 2020 New Look is aiming to cut its … Read more
Former Bank of England Governor Mark Carney set to join Center Parcs owner Brookfield Asset Management to lead its push into sustainable investing By Daily Mail City & Finance Reporter Published: 22:13 BST, 26 August 2020 | Updated: 22:13 BST, 26 August 2020 Former Bank of England Governor Mark Carney is set to join Center … Read more
Apple and Tesla shares could surge by A THIRD over the year following their upcoming stock splits, new analysis suggests Tesla’s share price has risen more than fourfold to $2,000 since the year began Apple’s £1.5tn value is worth only modestly less than the FTSE 100’s £1.7tn value eToro found that after a stock split, mega-brands’ … Read more
Sub-prime lender Provident Financial slumped to a £32.6million loss in the six months to 30 June, new results show. The group, which runs Vanquis Bank and Moneyfarm, said the loss was better than it had been expecting given the potential impact of Covid-19 on its business. Provident now plans to repay all the cash it … Read more
James Fisher and Sons paying £4m dividend despite asking taxpayer to shell out almost £2m to furloughed staff By Daily Mail City & Finance Reporter Published: 00:48 BST, 26 August 2020 | Updated: 00:48 BST, 26 August 2020 James Fisher and Sons is paying a £4m dividend despite asking the taxpayer to shell out almost … Read more
Making of a UK tech giant: Aveva is Britain’s most valuable software firm after swoop on US rival By Matt Oliver For The Daily Mail Published: 22:24 BST, 25 August 2020 | Updated: 22:26 BST, 25 August 2020 Aveva is poised to become Britain’s most valuable software company after it completed the £3.8billion takeover of … Read more
Making of a UK tech giant: Aveva is Britain’s most valuable software firm after swoop on US rival By Matt Oliver For The Daily Mail Published: 22:24 BST, 25 August 2020 | Updated: 00:00 BST, 26 August 2020 Aveva is poised to become Britain’s most valuable software company after it completed the £3.8billion takeover of … Read more
UK tech firm Melody VR agrees £53m deal to buy music-streaming platform Napster By Daily Mail City & Finance Reporter Published: 23:47 BST, 25 August 2020 | Updated: 23:47 BST, 25 August 2020 UK tech firm Melody VR has agreed a £53m deal to buy music-streaming platform Napster. London-listed Melody VR, which specialises in virtual … Read more