Cazoo: The full story of how online car retailer went from $8bn valuation to staring into the abyss February 1, 2024 The online car retailer, Cazoo, just three years old at that point in August 2021, was now worth $8bn, having decided to snub London and float across the pond.
Luke Chadwick interview: Ex-Manchester United star out to change children’s coaching August 25, 2022 When Luke Chadwick joined Manchester United as a shy teenager it was not the culture of excellence so much as the welcoming environment that Sir Alex Ferguson had cultivated which made the biggest impression. United’s legendary manager favoured the personal touch, as Chadwick found before a trial match. “Sir Alex came into the dressing room [...]
Future’s revenue surges 89 per cent with eCommerce and media lockdown boost May 19, 2021 Specialist media platform Future saw its revenue surge 89 per cent in the six months to 31 March, following growth in its eCommerce and media divisions amid global lockdowns. The group, which bought Marie Claire US earlier this month and the UK edition last year, saw its revenue lift to £272.6m from 144.3m in the [...]
What’s next for food delivery following the junk food ad ban? October 5, 2021 It’s been a confusing 12 months for UK food advertisers. First, there was the proposed ban on junk food TV advertising before the 9pm watershed. Then there was the announcement of more sweeping measures to obliterate online junk food advertising in the UK. Just a few months later, relief swept the food and drink industry [...]
Allegations Novak Djokovic lied about travel history before coming to Australia as questions emerge over tennis star’s declaration form January 11, 2022 The declaration form Novak Djokovic filed to travel to Australia is under scrutiny following allegations he may have answered incorrectly. On the form, filed on January 1, Djokovic answered “no” to the question: “Have you travelled, or will you travel, in the 14 days prior to your flight to Australia?”. Djokovic flew to Melbourne from [...]
The tides are turning for blockchain in mainstream media May 17, 2021 Anyone working in blockchain PR over the past few years will tell you it has been an uphill struggle, writes Jenny Corlett.
Hong Kong HSBC and Citibank bankers threatened with prison if they deal with billionaire Jimmy Lai’s accounts May 27, 2021 Hong Kong HSBC and Citibank branches have been sent letters by the city’s security chief over billionaire media tycoon Jimmy Lai’s accounts – threatening up to seven years in prison, according to Reuters. The media moguls’ assets, including his stake in publisher Next Digital and local bank accounts, have come under fire in recent weeks [...]
Twitter to stump up £592m to settle claims it misled investors about user base growth September 21, 2021 Social media giant Twitter said early this morning UK time it has agreed to pay $809.5m, about £592m, to settle a consolidated class action lawsuit alleging that the company misled investors about how much its user base was growing and how much users interacted with its platform. The San Francisco-based company said the proposed settlement, [...]
Hello Meta: Zuckerberg announces Facebook’s new name – CityAM : CityAM October 28, 2021 Facebook’s chief executive Mark Zuckerberg announced in his keynote address that the company starting today will be called Meta. “Facebook is one of the most used products in the history of the world and it’s an iconic social media brand but increasingly it just doesn’t encompass everything that we do,” Zuckerberg said. “I want to [...]
Sadiq Khan could be leading the way in deserting the foolish war on drugs May 16, 2022 Those who like to think they take the long view of history will tell you that the “war on drugs” started in 1971, when Richard Nixon declared illegal narcotics to be public enemy number one. Yet its lineage extended far further back than that: in the US, Congress banned alcohol for nearly 15 years from [...]