Fintech advised by former Amazon and Visa executives to launch travel card September 9, 2019 Fintech firm Currensea has opened the wait list for its new travel money card, the first in the UK to be linked directly to users’ bank accounts. The card is designed to work as an extension of a current account, allowing customers to spend money abroad without having to open a new account. There will [...]
Rishi Sunak to rally US to agree to G7 tax on tech giants March 7, 2021 Rishi Sunak will call on his US counterpart Janet Yellen to help coordinate an international tax on tech giants like Amazon at the upcoming G7 summit. Sunak has already said that one of his priorities at the G7 summit, which will be held in Cornwall this year, will be to get the ball rolling on [...]
Nick Clegg says Facebook is ‘pleased’ with historic tax deal, even if it means paying more October 9, 2021 Nick Clegg, Facebook’s vice president for global affairs, said today the social media giant welcomes the corporate tax agreement that 140 countries around the world agreed this week. “We are pleased to see an emerging international consensus,” Clegg said in a statement sent to City A.M. this afternoon. Under the agreement, countries would enact a [...]
End of Len McCluskey era: Unite union to get first woman leader today August 25, 2021 The giant Unite union is set to have its first female general secretary after a ballot to decide the successor to Len McCluskey. Voting papers will be formally counted today, but Sharon Graham, an assistant general secretary of the union, is expected to win. It is believed she has achieved a few thousand more votes [...]
Steal the deal: Discovery in talks with BT Sports to derail sale to DAZN December 5, 2021 US media giant Discovery is in talks with BT Sports over a potential partnership deal that would derail months of talks with sports streaming service DAZN over a £600m outright sale. As talks between DAZN and the telecoms group have become mired over commercial details, Discovery has entered the mix with an alternative offer for [...]
Eliran Ouzan: I was a web designer at 12, then earning money from websites aged 15 December 14, 2022 Jillian Godsil meets CryptoHub founder Eliran Ouzan - an entrepreneur who believes crypto is 10 years behind Web2.
Hong Kong: Quarantine-exempted Nicole Kidman’s trip may be ‘costume fitting’ August 23, 2021 Hong Kong’s commerce minister defended today his decision to exempt Hollywood star Nicole Kidman and other crew members from serving mandatory Covid quarantine. Local media reported that the Oscar-winning actress was shooting in a crowded street market in Kowloon for the new Amazon Prime Video series Expats, highlighting the lives of wealthy and glamorous ex-pats. [...]
Why sport is taking over terrestrial TV airwaves again February 21, 2022 If you’ve turned on your subscription-free, Nadine Dorries-unfriendly, terrestrial TV recently you may have been transported back to a time when moustachioed behemoths like Dickie Davies and Des Lynam ruled the afternoon airwaves – for we again live in an era of live, free-to-air sport. Of course, you may not have noticed. Sky and BT [...]
Probe: Richard Branson’s Virgin Galactic space flight ‘deviated’ September 2, 2021 US regulators have launched a probe into Sir Richard Branson’s flight to the edge of space after the Virgin Galactic SpaceShipTwo vehicle deviated on return to Earth. The billionaire businessman became the first owner-astronaut to take part in a mission when taking off in July, which he hailed as an “experience of a lifetime”. But [...]
As Meta appeals the CMA’s slap down over the Giphy acquisition, we must steer clear of watchdog intervention December 26, 2021 It seems to have become accepted wisdom that big tech firms are too dominant and need to be broken up and regulated. This a narrative spun by a belief that bias from Silicon Valley creates unbalanced debate; it is also, generally speaking, the view of the elite – amongst many academics and the leadership of [...]