Disney CEO Bob Chapek has been one of the most vocal entertainment industry chiefs about the possibilities of Metaverse as a part of the canvas for creatives, which first emerged as a concept in the imagination of science fiction writers. Although everybody seems to be talking about Metaverse, no one can agree on what the…
Award-winning financial historian delves into character-driven story of venture capital and the world it made. “Innovations rarely came from experts” Jeff Bezos, Elon Musk was not in the auto industry. When it comes to innovation, the future cannot be predicted, it can only be discovered. Most attempts at discovery fail, but a few succeed at…
Investment banker and professor Jonathan Knee argues the truth, about the secrets to the success of the biggest tech companies: Facebook, Amazon, Apple, Netflix, and Google, and illustrates the nuances and complexities posed by their emergence, and explains a disparate portfolio of structural advantages buttressed by shrewd acquisitions, strong management, tax regulation and often encouraging…
In the world of geeks, for decades two competing tribes of artificial intelligence experts have been furiously dueling with each other in research labs and conference halls around the world, with mathematical models and computer codes. The connectionist tribe believes that computers can learn behaviour in the same way as humans do, by processing …
Microsoft, the tech giant has blamed Hafnium, a Chinese state-sponsored cyber-espionage group operating out of China by leasing virtual private servers in the US, for attacks on its mail server software. Microsoft’s Threat Intelligence Centre attributed the attacks with “ high confidence” to Hafnium and “ Observed victimology, tactics and procedures, as Hafnium targets infectious…
Twitter boss Jack Dorey has said banning US President Donald Trump was the right thing to do but expressed sadness at what he described as the “ extraordinary and untenable circumstances” surrounding Mr. Trump’s permanent suspension. Twitter has been praised and criticised for freezing Mr. Trump’s account as German leader Angela Merkel, Mexican President Andres…
Microsoft confirms discussions to acquire China’s ByteDance, TikTok after President Donald Trump threatened it with a sweeping ban. Donald Trump says the government should get a cut from the sale of TikTok’s US unit if an American firm buys it. ByteDance is under pressure to sell its US business after Mr.Trump Threatened a crackdown on…
Facebook has been in talks to buy a stake in Mukesh Ambani’s digital operation Reliance Jio to try to expand its presence in the Indian digital market with a preliminary deal for a 10 per cent share. Google also has been engaging in talks with Reliance Jio, after Microsoft last year announced plans to work…
IBM is suing Airbnb over what it claims it the illegal use of four patents in a move that casts doubt over the short-term rental company’s attempts to a proposed listing. IBM patents are homegrown and resulting from our more than $5bn investment a year in R&D. After six years of unsuccessful discussions with Airbnb,…
A couple of months ago, the heads from 18 small British telecoms companies met at a London bank to discuss investment, strategy, and mergers. In the meeting, they were asked if they thought the Chinese could eavesdrop through back doors in Huawei equipment all 18 hands went up. One of the bankers then asked, if…