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10 November 2021 Hampered Hiring: KPMG and the REC Report on Candidate Shortages
Hampered Hiring: KPMG and the REC Report on Candidate Shortages By Robyn Ma The Story Accountancy firm KPMG and the Recruitment and Employment Confederation (REC) have recently released a report on UK labour shortages, covering the impact of the Covid-19 pandemic on Britain’s employers...- robynm09
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- Category: Politics and the Economy
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Meta-Morphosis: Mark Zuckerberg’s Metaverse
Meta-Morphosis: Mark Zuckerberg’s Metaverse By Robyn M The Story CEO Mark Zuckerberg recently announced the renaming of Facebook's parent company to Meta. Meta will trade under the new ticker symbol 'MVRS' on the Nasdaq*. Meta's corporate structure and its apps and technologies will...- robynm09
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- Category: Technology, Media and Telecommunications
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20 October 2021 Working it Out: PureGym May Abandon Plans for IPO (again)
Working it Out: PureGym May Abandon Plans for IPO (again) By Robyn Ma The Story Britain’s largest health and fitness club chain, PureGym, may be abandoning its proposed £1.5 billion stock market listing (Sky News). Back in July, the company had revealed it was exploring the option of... -
13 October 2021 Hilton Hotels Sold: Sign of Recovery?
Hilton Hotels Sold: Sign of Recovery? By Robyn Ma The Story European real estate investment platform Henderson Park has purchased a chain of Hilton hotels in the UK from Tonstate Group for approximately £555 million. By adding Hilton to its portfolio, Henderson Park acquires 12 more...- robynm09
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- Category: Real Estate and Leisure
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29 September 2021 China Declares Cryptocurrency Illegal
China Declares Cryptocurrency Illegal By Robyn Ma The Story China has declared all activities related to digital coins illegal. This follows the People’s Bank of China's (PBoC) efforts to clamp down on cryptocurrency activities to avoid “disturbing economic and financial order, breeding...- robynm09
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- Category: Blockchain and Cryptocurrencies
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15 September 2021 Antitrust Battle: Apple vs Epic Games
Antitrust Battle: Apple vs Epic Games By Robyn Ma The Story On Friday 10 September 2021, a judge ruled in the legal battle between Epic Games and Apple that Apple can “no longer force developers to use in-app purchasing” (CNBC). Apple’s App Store has traditionally taken a 15 to 30% fee...- robynm09
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- Category: Technology, Media and Telecommunications
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8 September 2021 Out For Blood: Elizabeth Holmes' Trial
Out For Blood: Elizabeth Holmes' Trial By Robyn Ma The Story Once dubbed the next Steve Jobs, Elizabeth Holmes now faces fraud charges from the US Securities and Exchange Commission (SEC) and a federal grand jury. After dropping out of Stanford, Holmes started up Theranos, a company...- robynm09
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- Category: Financial Crime
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1 September 2021 Fitness Fight: Peloton Reports Drop in Earnings
Fitness Fight: Peloton Reports Drop in Earnings By Robyn Ma The Story Has fitness technology group Peloton passed its peak? Revenue for the first quarter of the company's 2022 financial year is forecasted to reach $800 million - well below the $1.01 billion estimated by analysts...- robynm09
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- Category: Retail and Consumer
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18 August 2021 A Crypto Crime: Poly Network Hacked
A Crypto Crime: Poly Network Hacked By Robyn Ma The Story It has been a rollercoaster for Poly Network. First, the decentralised finance (DeFi) platform saw $600 million stolen by hackers in one of the largest crypto thefts ever. Then, in a turn of events, the hackers returned $260...- robynm09
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- Category: Blockchain and Cryptocurrencies
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11 August 2021 The Gig Economy Fights Back
The Gig Economy Fights Back By Robyn Ma The Story Uber and Lyft are two of the companies lobbying to place a bill on next year’s ballot in Massachusetts. This bill proposes to label drivers as independent contractors, rather than employees. The bill also offers wage promises and “at...- robynm09
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- Category: Employment
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4 August 2021 Streaming Tears: Scarlett Johansson Sues Disney
By Robyn Ma The Story Scarlett Johansson is suing Disney. Her lawsuit claims that the release of the film Black Widow in movie theatres and on streaming service Disney+ breaches Disney’s contractual obligations with Johansson, A contractual clause allegedly guaranteed the film’s exclusive...- robynm09
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- Category: Technology, Media and Telecommunications
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21 July 2021 Heating Up: EU and China Tackle Climate Change
Heating Up: EU and China Tackle Climate Change By Robyn Ma The Story “We would fail our children and grandchildren, who [...] will be fighting wars over water and food”, said European Commission Vice-President Frans Timmermans on the EU’s ‘Fit for 55’ legislation. Published last week...- robynm09
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- Category: Environmental, Social and Governance
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7 July 2021 Cosy Clients: The Relationship between Paul Weiss and Apollo
Cosy Clients: The Relationship between Paul Weiss and Apollo By Robyn Ma The Story Private equity firms are lucrative clients for law firms. In fact, Paul Weiss has secured over $100 million in legal work annually from its relationship with private equity firm Apollo Global...- robynm09
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- Category: The Legal Profession
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30 June 2021 Targeting Tech: US Senate’s Big Tech Crackdown
Targeting Tech: US Senate’s Big Tech Crackdown By Robyn Ma The Story The US House Judiciary subcommittee recently published a report that found major tech giants enjoying vast monopoly power and engaging in anti-competitive practices (Politico). This led to several antitrust bills...- robynm09
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- Category: Technology, Media and Telecommunications
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Didi in the Driving Seat: Didi Files for IPO
Didi in the Driving Seat: Didi Files for IPO By Robyn Ma The Story Didi Chuxing, China’s largest ride-hailing company, filed for an initial public offering (IPO) in the United States. Although the company operates in 15 countries, 93% of its sales come from China (CNN). Didi “could... -
Retail Revenge: AMC Meme Stock
Retail Revenge: AMC Meme Stock By Robyn Ma The Story When retail investors band together and swap gossip about stocks on social media, they have the power to drastically alter the share prices of so-called ‘meme stocks’ (Financial Times). AMC, the cinema chain, is one such example... -
Planting Seeds: Acorns Goes Public via a SPAC
Planting Seeds: Acorns Goes Public via a SPAC By Robyn Ma The Story Investment app Acorns has announced plans to go public by merging with a special purpose acquisition company, otherwise known as a SPAC (CNBC). The app will be valued at $2.2 billion, more than double its private... -
Retail Ready: Robinhood Sells IPO Shares to Retail Investors
Retail Ready: Robinhood Sells IPO Shares to Retail Investors By Robyn Ma The Story Robinhood, a popular app aimed at novice investors, has introduced a new platform, IPO Access, for clients to purchase shares in initial public offerings (IPOs) (Reuters; Robinhood). With a mission to... -
Crypto Crisis: Tesla Stops Accepting Bitcoin
Crypto Crisis: Tesla Stops Accepting Bitcoin By Robyn Ma The Story Elon Musk, CEO of electric carmaker Tesla, announced on Wednesday that the company would stop accepting Bitcoin for its corporate treasury (BBC). This announcement was unexpected, considering the company’s purchase of...- robynm09
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- Category: Blockchain and Cryptocurrencies
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Meaty Competition: Beyond Meat Sees Drop in Share Prices
Meaty Competition: Beyond Meat Sees Drop in Share Prices By Robyn Ma The Story Last week, shares of plant-based protein producer Beyond Meat fell 6% amidst increasingly tough competition from other plant-based food manufacturers, and “weak restaurant sales” in Covid-19 (Financial...- robynm09
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- Category: Retail and Consumer