Netflix challenges broadband fees for big tech companies December 19, 2021 Netflix has attacked plans that would let broadband giants charge tech companies for access to their networks.
Six Nations to remain free-to-air as BBC and ITV ink new deal May 21, 2021 The Six Nations is set to remain free-to-air after the competition reached an agreement in principle to renew its broadcasting deal with the BBC and ITV. The new agreement will run for four years from 2022 until after the championships in 2025. For the men’s competition, ITV will show all of England, Ireland, Italian and [...]
To infinity and beyond – for $450,000, Virgin Galactic says August 6, 2021 Sir Richard Branson’s Virgin Galactic will charge passengers $450,000 (£323,500) for a seat on one of its space flights, the firm has announced. The company reopened ticket sales last night, just weeks after its founder successfully completed a flight to the edge of space. At $450,000, tickets are now twice the price paid by 600 [...]
Big tech shirks probe into income from scam ads – CityAM : CityAM October 29, 2021 Tech mega caps avoided a probe into how much money they earn from paid-for advertisements on their platforms for unregulated financial products. Responding to questions from the Treasury Committee, Facebook said: “Quantifying advertising revenue from companies not authorised by the FCA to promote a regulated financial product poses challenges.” Also Read: Eurozone growth smashes expectations [...]
Morrisons online sales continue to soar despite lockdown easing May 11, 2021 Morrisons said online sales have continued to soar this year despite the lifting of lockdown restrictions. In an update this morning the supermarket chain said online sales were up 113 per cent in the 14 weeks ended 9 May compared to the same period last year. Internet sales helped boost group like-for-like sales excluding fuel [...]
Goldman Sachs exec who led consumer banking push due to exit September 23, 2021 A Goldman Sachs executive at the forefront of the company’s push into consumer banking is due to exit in October. Harit Talwar was the first employee of Marcus, the bank’s consumer lending business which now has 8m customers, $100bn (£72.8bn) in deposits and boasts partnerships with brands including Apple, Amazon, Walmart and General Motors. In [...]
Ex-Microsoft CEO Steve Ballmer becomes ninth member of $100bn club July 8, 2021 Former chief executive officer of tech giant Microsoft, Steve Ballmer, has become the world’s ninth person to join the coveted $100bn club. Now owning the NBA’s Los Angeles Clippers, Ballmer stepped down from the helm of Microsoft in 2014. The ex-tech giant boss has seen his wealth swell by $20.1bn this year alone, driven by [...]
Cazoo announces revenue boom as second-hand car demand soars October 26, 2021 Cazoo announces third-quarter success, as their offering resonates with second-hand buyers and a growing delivery culture. The used-car retailer report a growth in revenue up 267 per cent YoY, to £174.4m in Q3. Within this, retails revenues were up 207 per cent YoY, with a gross profit of £11.8m, up by £12.5m compared to Q3 [...]
Pensioners’ internet usage rockets by 69 per cent from pre-pandemic thanks to Squid Game and Bridgerton December 12, 2021 The popularity of Netflix dramas such as Squid Game, Bridgerton and Tiger King is driving a significant increase in internet usage among pensioners, according to new broadband usage data released by connectivity provider TalkTalk.
I’m not leaving this sofa: Takeaway orders soar during England goal-feast July 6, 2021 Football fans made over one million orders on JustEat over the course of Saturday evening as England waltzed past Ukraine in Rome. The match kicking off in the primetime slot of 8pm on a balmy Saturday evening encouraged 2,500 orders being placed per minute. The most popular order was burgers, followed by pizza. While the [...]