Treasury spat intensifies as mandarins hit back at watchdog ‘fiction’ smear January 24, 2024 Treasury spat intensifies as mandarins hit back at watchdog 'fiction' smear
Former Tottenham Hotspur owner Joe Lewis pleads guilty to securities fraud January 24, 2024 Former Tottenham Hotspur owner Joe Lewis has pleaded guilty to a number of criminal charges in the United States. The British billionaire was charged with insider trading last year and has pleaded guilty to one count of conspiracy to commit securities fraud and two counts of securities fraud. The 86-year-old’s family trust control a majority [...]
AI-powered semi-automated VAR set for Premier League debut August 14, 2024 The Premier League will partner with Genius Sports Limited to produce AI-powered semi-automatic VAR for the 2024/25 season, it was announced this morning. VAR faced serious backlash last season with a number of key incidents going viral for mistakes. But the Premier League will now introduce AI-powered semi-automatic VAR, similar to the system used in [...]
Oliver Stone apologises for slamming Ryan Gosling in City A.M. interview January 24, 2024 Oliver Stone has apologised for telling City A.M. that Ryan Gosling was “wasting his fucking time” for starring in Barbie
Revolution Bars warns on profits amid venue closures and cash crunch January 24, 2024 Revolution Bars has slashed its profit expectations for the year in the face of bar closures and cash strapped youngsters ditching night outs.
Colombian billionaire who rescued Metro Bank appoints himself to board January 24, 2024 Jaime Gilinski Bacal, the Colombian billionaire who led a major refinancing package for struggling Metro Bank, has appointed himself to its board as a non-executive director. As part of the deal struck between the lender and the banking tycoon last year, Bacal and his firm, Spaldy Investments, are entitled to appoint up to three directors [...]
City of London top financial centre in the world? Not without a listings revival January 24, 2024 The City of London, number one financial centre in the world. One can imagine that a Square Mile which has spent the past year worrying about US take-private raids, an almost total collapse in significant IPOs, and an ever-increasing tax burden would take that badge of honour with a pinch of salt. But that is [...]
Banks struggle with digital transition as new data shows 10 per cent of customer records are duplicated January 30, 2023 Major banks are struggling to manage their digital records as new data shows that around ten per cent of customer records are duplicated. Quantexa, a data analytics firm, asked 356 IT and data experts working in the UK, USA and Canada how many customer records were duplicated in their respective sectors. In the banking industry, [...]
‘Worrying failure: Snap handed enforcement notice by UK information watchdog over AI chatbot October 6, 2023 The UK’s information watchdog has said Snapchat may be required to “stop processing data” related to its AI chatbot after issuing a preliminary enforcement notice against the technology business. UK Information Commissioner John Edwards said the provisional findings of a probe into the company suggested a “worrying failure” by Snap, the app’s parent business, over [...]
Netflix agrees $5bn deal for WWE rights in livestreaming push January 23, 2024 Netflix has agreed a $5bn deal to screen World Wrestling Entertainment's (WWE) flagship weekly programme Raw as the company pushes further into livestreaming.