World’s biggest websites back online after Fastly-linked crash June 8, 2021 A major server issue which saw thousands of news, social media and government websites including Bloomberg and the New York Times crash today has been fixed. The issue was confirmed to be a glitch at US-based cloud computing services provider Fastly, who identified and fixed a major disruption issue. Amazon, CNN, Reddit, the Guardian, the [...]
Internet outage: What is Fastly and how can a glitch bring down the world’s biggest websites? June 8, 2021 The internet was plunged into a temporary blackout this morning as thousands of websites were hit by a global outage. Some of the world’s biggest news sites, including the BBC, Guardian and Financial Times, were hit by the glitch, as well as streaming service Spotify, ecommerce giant Amazon social media platform Reddit and even the [...]
Bezos invests in start up seeking to reverse the ageing process September 6, 2021 Amazon-founder Jeff Bezos has reportedly become the latest ultra rich tech entrepreneur to invest in life-extending technology. Jeff Bezos, worth some $200bn (£145bn), and Yuri Milner, a Russian-born billionaire who made his fortune through Facebook, are backers of Altos Labs according to The MIT Technology Review. Altos is pursuing cell reprogramming, a method of rejuvenating [...]
Global online tax on tech giants ‘in our grasp’, says Rishi Sunak March 23, 2021 Rishi Sunak has today said a global online tax on internet giants like Amazon and Facebook is “in our grasp”. Sunak said he was “very keen to see a resolution” on the issue, with the chancellor making it one of his top three priorities in G7 meetings this year that are hosted by the UK. [...]
Bitcoin ETF may have driven hype and price – but is it for you? November 8, 2021 Bitcoin ETFs are, according to Crypto AM columnist Nigel Green, an important milestone in the mass adoption of Bitcoin and other cryptocurrencies - but are they for you?
Decentralized finance surpasses 3 million users ahead of major Ethereum upgrade August 2, 2021 CryptoCompare’s data shows that the price of Bitcoin (BTC) went sideways throughout the week, starting at around $38,000 and dropping to a $36,000 low before surging and testing the resistance at $42,000, which it failed to break through. Ethereum’s ether, the second-largest cryptocurrency by market capitalization, moved in a similar way throughout the week, from [...]
Hello Sunshine, Reese Witherspoon’s company behind hit Big Little Lies, valued at $900m in Blackstone deal August 2, 2021 Academy award-winning actress Reese Witherspoon’s media company, Hello Sunshine, is selling itself to a newly formed media firm backed by Blackstone Group Inc for an undisclosed sum. The sale will value the company at about $900 million, people familiar with the matter told Reuters. Founded in 2016, Hello Sunshine is the women-led production house behind [...]
Man City owner raises almost half a billion to fund further expansion – reports July 16, 2021 City Football Group, the owner of Manchester City and a host of other clubs across the world, has raised almost half a billion-worth of debt capital according to reports this morning. The Group has raised $650m (£470m) to finance international ambitions, according to sources who spoke to the Financial Times. The seven-year package has been [...]
SoftBank-backed Policybazaar files for IPO amid Indian digital economy boom August 2, 2021 Online insurance marketplace Policybazaar is to embark on an initial public offering that could rally $809m if it secures the loftier end of its price range. The SoftBank-backed startup follows a string of other tech-based emerging companies preparing to ride India’s booming digital economy wave. Policybazaar will sell off new shares, according to a public notice published [...]
Ganymede wine list is a breath of fresh air April 19, 2022 Nestled in reassuringly expensive Belgravia is cosy corner restaurant Ganymede, with that kind of understated elegance that appeals to comfortably well-heeled patrons. Escaping the drizzle without, we headed indoors to be welcomed by the heady scent of perfumed candles and pleasantly smiling staff ushering us towards polished wooden tables and green leather booths. Hard pressed [...]