The G7 package isn’t a ‘huge prize for UK taxpayers’, and Rishi Sunak should admit it. Big tech firms still won’t pay their fair shareGeorge Turner is director of TaxWatchAs revelations continue to emerge from the Pandora papers, it would be easy to fo…
Social media firms serve as gateway for scammers, says finance watchdog
FCA threatens action unless platforms such as Facebook, Twitter and Instagram do not toughen up against fraudstersSocial media sites such as Facebook and Instagram serve as a “gateway” for fraudsters, the City watchdog has warned, as it demanded they t…
Google confirms it’s pulling the plug on Streams, its UK clinician support app
Google is infamous for spinning up products and killing them off, often in very short order. It’s an annoying enough habit when it’s stuff like messaging apps and games. But the tech giant’s ambitions stretch into many domains that touch human lives these days. Including, most directly, healthcare. And — it turns out — so […]
Wing approaches 100,000 drone deliveries two years after Logan, Australia launch
In a blog post this morning, Alphabet drone delivery company Wing announced that it is set to hit 100,000 customer deliveries over the weekend. The news comes on the second anniversary of the service’s pilot launch in Logan, Australia, a city of roughly 300,000 people in the Brisbane metropolitan area. It also, notably, arrives a […]
Spotify to spend $1B buying its own stock
If Spotify is still a growth-focused company, shouldn’t it preserve its capital to invest in exclusive podcasts and the like — efforts that may grant it pricing power in the future?
Growth is not enough
The week brought together both this quarter’s earnings cycle and the Q3 IPO rush. So, it was just a little busy!
Want to work at a Google campus? You’ll need to be vaccinated
While the rise of the Delta variant is extending the company’s work-from-home policy through October 18, it’s not entirely clear what happens after that date.
Don’t expect post-Brexit Britain to match EU’s fight against big tech | Phillip Inman
Profits for America’s tech firms continue to soar and there are few signs they will face tougher rulesIf anyone needed convincing that the pandemic would turbo-charge sales at America’s largest tech firms and send profits soaring, this week’s quarterly…
Alphabet crushes Q2 earnings estimates as Google Cloud cuts losses, grows 54%
Today after the bell amidst a deluge of major technology company earnings reports, Alphabet reported its own second-quarter performance.