GameStop and the ethics of short sellers February 5, 2021 The global media has recently been entranced by a battle between retail traders and hedge funds over the US computer game store, GameStop. It has also shone a light on a practice that makes many people feel uneasy: “short selling”. So much so that lots of members of the Reddit community which spearheaded the attack [...]
Tiktok exits Hong Kong as US ponders banning the app July 7, 2020 Tiktok is to remove its app from Hong Kong, as other technology firms say they will stop processing data requests from authorities in the city state. Tiktok, which is owned by Chinese giant Bytedance, said it had made the decision to exit the region after China approved fresh national security law for the region last [...]
Bitcoin’s Price Surges as Demand and Network Efficiency Grow June 2, 2020 This week the price of bitcoin rose significantly, from $8,750 on May 25 to a weekly high close to $9,800, potentially testing a move toward the $10,000 mark. At press time, the cryptocurrency’s price is holding above $9,500. Ether, the second-largest cryptocurrency by market capitalization, also went up over the week, going from $201 to [...]
David Crosby dead at 81: Heartfelt tributes to legendary US musician who founded The Byrds January 19, 2023 US musician David Crosby, who co-founded two influential rock bands during his career, has died at the age of 81. The singer-songwriter rose to fame in LA-based folk-rock group The Byrds, who he joined in 1964 and collaborated on chart-topping hits including a cover of Bob Dylan’s Mr Tambourine Man and Turn! Turn! Turn!. Shortly [...]
John Cleese set to join GB News in a push for ‘free speech’ October 10, 2022 John Cleese is making a return to TV, joining GB News for a regular slot in the coming year. The Monty Python star will have a regular spot on the talk channel in 2023 alongside comedian Andrew Doyle. Speaking on Radio 4’s Today show this morning, Cleese, 82, explained that the GB News team framed the channel as a “free-speech channel” [...]
Big Tech cashes in on worst day for US economy since Great Depression July 31, 2020 The world’s four largest tech firms yesterday announced blockbuster earnings for three months to June, despite the US economy facing its darkest day since the Great Depression. Facebook, Google, Amazon and Apple, worth more than $5 trillion ($3.81 trillion) in total, smashed expectations as they all posted record profits yesterday. The upbeat results were met [...]
Best of travel: Coachella’s lesser known Desert X festival February 10, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. This week we revisit Laura Millar’s exploration of Coachella’s other contemporary art festival. Read more: Jaguar XF P300 review: revitalised luxury at a surprisingly low price ••• The locals were… curious. For the past few weeks, as they’d [...]
Amazon to pass on UK digital tax to sellers in fees hike August 5, 2020 Amazon is to increase seller fees next month, saying it will no longer absorb the UK’s digital services tax after talks with the government failed to progress. The e-commerce giant said it had taken on the impact of the digital services tax — a two per cent levy on the firm’s annual revenues — since [...]
Liquidators of collapsed Arena Television launch lawsuit against British banks July 3, 2024 The liquidators of collapsed broadcaster Arena Television has launched a civil claim against Lloyds Bank and Bank of Scotland.
Rupert Murdoch’s Fox to roll out free Tubi streaming service in UK to rival Disney+ and Netflix July 2, 2024 Rupert Murdoch’s Fox Corporation is set to launch its ad-supported free streaming service, Tubi, in the UK.