Google to fork out $1bn on new NYC campus, one week on from Apple’s splurge in Texas December 17, 2018 Alphabet's Google will invest more than $1bn (£793.6m) on building a new campus in New York, following in the footsteps of fellow tech giant Amazon in picking the US financial capital for expansion. Named Google Hudson Square, the new 1.7m square foot campus will consist of leased properties on New York’s technology corridor. The company said [...]
Are UK supermarkets ready for Brexit? September 25, 2019 “One can say very clearly what the direction will be: higher prices, less choice, and poorer quality, because all of those dimensions have been improved by these open trading relationships that we’ve had over the last 40 years […] Brexit, almost in whatever version it is, will introduce friction, it will introduce barriers. That makes [...]
Tesco shares: Reasons to be cheerful June 18, 2019 Early selling following this Q1 update attracted bargain hunters. Our head of markets explains why. Tesco (LSE:TSCO) recovery from the dark days of having taken its eye off the ball in the UK continues apace. The radical overhaul which the business has undergone has seen Tesco’s shares rise by 50% over the last three years. More [...]
Elon Musk’s Space X launches 60 satellites for Starlink internet project May 24, 2019 Elon Musks’s Space X, the private aerospace company, has launched 60 small satellites into orbit today, marking a major step for the billionaire entrepreneur’s space-based internet system Starlink. Read more: Elon Musk says Tesla will launch a fleet of robotaxis in 2020 A Space X Falcon 9 rocket carrying the satellites, which each weigh about 230kg [...]
Amazon’s Jeff Bezos and Facebook’s Mark Zuckerberg help boost world’s wealthiest by $1 trillion, Bloomberg billionaires index finds December 27, 2017 The world’s wealthiest people added a collective $1 trillion to their riches in 2017, with Amazon mogul Jeff Bezos making the greatest gains off the back of a standout year for the technology and retail giant. And the rich are getting richer, gaining four times more than they did in 2016, according to Bloomberg’s Billionaires [...]
Formula E founder to take electric motorsport to extreme new heights with revolutionary racing series January 31, 2019 The founder of Formula E has doubled down on his involvement in electric motorsport with the creation of a new series that will take vehicles to race in the most extreme environments on earth. The new series, called Extreme E, will be unveiled today in London by Alejandro Agag and partner Gil de Ferran, the [...]
Music rights firm One Media IP sees profits soar as it cashes in on streaming April 9, 2019 Shares in music rights company One Media IP jumped as much as 15 per cent this morning after it reported a huge rise in profits for the full year. One Media posted a 16 per cent rise in revenue to £2.7m in the year to the end of October, while pre-tax profit soared 63 per [...]
Death Stranding review: Hideo Kojima’s game about delivering parcels hits dizzying highs and terrible lows November 20, 2019 There’s an entire genre of games disparagingly referred to as “walking simulators”. In most of them, walking is simulated in only the most rudimentary of ways – you tend to glide about the place, looking at sunsets and picking up fruit. Japanese auteur Hideo Kojima has created a true walking simulator, a game in which [...]
Space, the investment frontier: The companies that are reaching for the stars July 24, 2019 When Neil Armstrong was the first man to walk on the moon 50 years ago, space was the exclusive domain of two superpowers. Now it has become perhaps the ultimate competitive arena for two tech giants — not to mention a host of other private enterprises that see untold promise and profits in reaching for [...]
Channel 4 grows revenue as it doubles down on digital June 11, 2019 Channel 4 has posted a modest rise in revenue for the year as it looks to shift its focus to digital viewing amid a “challenging” economic environment. The broadcaster reported a 1.5 per cent rise in revenue to £975m in 2018, as record digital revenue offset a decline in traditional viewing. Pre-tax profit hit £5m, [...]