Inmarsat’s £5.4bn takeover given provisional thumbs up by UK competition agency March 1, 2023 The £5.4 billion takeover of UK satellite giant Inmarsat by US firm Viasat has been given the provisional green light by Britain’s competition watchdog as it said the merged firm would be “challenged” in the rapidly expanding sector. The Competition and Markets Authority (CMA) said that while the companies compete closely in the aviation sector [...]
Bill Ackman: Billionaire investor backs Donald Trump after assassination attempt July 15, 2024 Billionaire investor Bill Ackman has formally thrown his support behind Donald Trump following the assassination attempt on the ex-president last week. The hedge fund manager endorsed Trump on X a few hours after the Republican party candidate was injured in a shooting during a rally, stating: “I assure you that I have made this decision [...]
South by Southwest to come to London in huge boost for capital’s creative sector May 8, 2024 In a major vote of confidence in the capital, South by Southwest has said it would open its first European venture in London.
Tesla ousted by China’s BYD as world’s top electric vehicle maker January 2, 2024 Tesla has been forced out of pole position by Chinese rival BYD as the world's most popular electric vehicle (EV) manufacturer.
Tesla: Ex-Musk adviser and classmate among trio to head London-listed battery developer December 11, 2023 A trio of former Tesla executives are set to take charge of the London-listed battery and electric motor developer DG Innovate.
X fined for failing to reveal safeguards against child sexploitation October 16, 2023 Social media platform, X, fined 610,500 AUS dollars for failing to fully explain how it tackled child sexual exploitation content.
Musk vs Zuckerberg row rumbles on as Twitter threatens to sue Meta over Threads July 7, 2023 Twitter has threatened to sue Meta over its fast-growing rival Threads app, alleging that it stole trade secrets. The Instagram and Facebook owner, which launched Threads on Wednesday, appeared to deny that former Twitter employees worked on the creation of the app and used insider knowledge. Meta chief executive Mark Zuckerberg said more than 30 [...]
‘Untenable’ that average Conservative voter is 63 years old, Mel Stride admits August 14, 2024 The average Conservative voter being 63 years old is “completely untenable,” leadership hopeful Mel Stride has admitted. The shadow work and pensions secretary was asked by Times Radio about a poll which showed three in five people in the UK do not care who the next Conservative leader is. He told the broadcaster: “The way [...]
Crypto boom sees old and new meme coins flying February 29, 2024 The total crypto market cap is now over $2 trillion for the first time in almost 2 years. Coinbase also jumped this week from 422nd to 277th top downloaded apps in the App Store - signalling increasing retail interest.
Twitter gaffe: Musk’s site labels Norway, its PM and foreign minister as ‘Nigerian’ December 13, 2022 Twitter was mocked by Norway this morning after its new verification system told users the country was actually Nigeria. Continuing its streak of mishaps, the social media site labelled Norway’s foreign ministry as a “Nigeria government organization”, while Norway’s Prime Minister Jonas Store and Foreign Minister Anniken Huitfeldt were also mischaracterised. This comes after Elon [...]