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 [...]
ITV and Michael Grade eye Channel 4 takeover October 24, 2021 The former chief executive of Channel 4 Lord Grade and ITV are reportedly mulling takeover bids amid government plans to privatise the network. Lord Grade, who was at the helm of Channel 4 between 1988 and 1997 and also chaired the BBC and ITV, is considering snapping up the network The Times first reported. Earlier [...]
Dan Loeb’s Third Point rakes in $300m profit from Rivian IPO November 24, 2021 Dan Loeb’s hedge fund Third Point was one of several winners from electric vehicle startup Rivian’s blockbuster US IPO earlier this month, scoring a $300m profit as it hit the market. Third Point’s stake in Rivian, whose $100bn IPO was the biggest market debut in the world this year, was accumulated over the last twelve [...]
WhatsApp fined £193m by data protection watchdog September 2, 2021 WhatsApp has been ordered to pay a €225m (£193m) fine under a European data protection law. Facebook owned messaging platform has been accused of failing to be transparent about how it handled user data by the Irish Data Protection Commission. The data protection watchdog announced the decision today saying that WhatsApp had failed to adequately [...]
Amazon share price slips after first profit drop in two years October 25, 2019 Investors have punished Amazon for a sharp fall in profits, targeting its shares as US markets opened this afternoon. Amazon’s share price fell 2.4 per cent to $1738.2 on the Nasdaq after billionaire Jeff Bezos’ company’s profits fell for the first time in two years yesterday. Read more: Amazon posts first profit drop for two [...]
Delphis Eco – cleaning up but no greenwashing May 4, 2022 For the founder and CEO of Delphis Eco, which supplies UK made, green and sustainable cleaning products, eliminating ‘greenwashing’ is key in not only to saving the planet but helping people to genuinely make a difference. This London-based company, established in 2007 by former banker Mark Jankovich and has been awarded the Queen’s Award for [...]
US publishes crypto regulation framework as UK eyes crypto seizures September 26, 2022 Data from CryptoCompare shows that the price of Bitcoin moved sideways over the past week, starting and ending at $19,000.
Editorial: Here’s to the billionaires heading for the final frontier October 14, 2021 So it’s beam me up, Bezos, as Captain Kirk almost said. Yesterday William Shatner became the oldest man to see space, sent off to near-orbit by Amazon’s Jeff on Blue Origin. To some, the competition between Jeff Bezos, Elon Musk, Richard Branson and no doubt other soon-to-emerge billionaires is a sign of the worst of [...]
Magic materials, paperless tickets and Web3: Sports technology trends to watch in 2023 November 16, 2022 Rebecca Hopkins, chief executive of the STA Group, picks out the sports technology trends to watch in the next year. It is exciting to realise how far sport has come in the past 12 months and whilst the post-pandemic era is throwing up more external challenges than could have been predicted, the sector remains as [...]
Sterling dips back under US $1.40 for the first time in a month June 17, 2021 Sterling has dipped back under $1.40 for the first time in a month, likely swayed by a hawkish US Federal Reserve last night. The Federal Reserve suggested it may taper its stimulus earlier than expected last night, which knocked the commodity price index off a 16-month high. The Fed also signalled it will raise rates [...]