Posts with tag: technology
Rachel Reeves, the Shadow Chancellor, wants businesses to invest more in their workforce. However, she has also just imposed a £25bn tax raid that could lead to job losses and reduce investment. Some speculate that the tax raid is part of a plan to push companies to invest in technology and training, rather than rely on low-cost, low-skilled workers. However, there are concerns that this could disproportionately impact sectors like hospitality, which rely heavily on service and people.
Published on: February 15, 2025, 01:00 PM UTC
Taiwan's top technology official says global semiconductor industry needs division of labor, not one-country control
Published on: February 15, 2025, 06:00 AM UTC
Spotify is considering a new music streaming service called "Music Pro" that will include higher-quality audio, remixing tools and access to concert tickets. The service would cost up to $5.99 a month on top of existing subscriptions.
Published on: February 15, 2025, 05:00 AM UTC
Institutional investors boosted allocations to U.S. bitcoin ETFs in Q4 2024 amid a 47% surge in the cryptocurrency's value. The State of Wisconsin Investment Board doubled its holdings, while Tudor Investment Corp, Mubadala Investment Co., Hunting Hill Capital, and other financial firms increased their exposure.
Published on: February 15, 2025, 01:00 AM UTC
Options traders bet on a 10-year Treasury rate of 5% within five weeks, potentially triggering a stock sell-off amid US debt and inflation concerns.
Published on: February 15, 2025, 01:00 AM UTC
Oil prices fluctuate amid concerns over US tariffs and supply implications from stricter Iran policy. WTI and Brent crude futures decline after gains, with trade war fears weighing on demand.
Published on: February 15, 2025, 12:01 AM UTC
Meta Stock Continues Winning Streak; Outpaces Tech Peers
Published on: February 15, 2025, 12:01 AM UTC
Prosecutors for the Justice Department requested that the corruption case against New York City Mayor Eric Adams be dismissed. Acting US Deputy Attorney General Emil Bove had ordered Manhattan’s chief federal prosecutor, Danielle Sassoon, to drop the case. Sassoon resigned instead of carrying out the directive, and Justice Department officials asked to take over the case also stepped down.
Published on: February 15, 2025, 12:00 AM UTC
Oil prices fluctuate amid concerns over retaliatory US tariffs and supply disruptions from US sanctions against Iran. Despite supply concerns, the threat of a trade war dampens price gains.
Published on: February 14, 2025, 11:02 PM UTC
Matthews International announces corporate governance changes ahead of shareholder vote in boardroom battle. Company to appoint new independent board chair, director with EV expertise, and amend bylaws ensuring annual director elections.
Published on: February 14, 2025, 11:01 PM UTC