Revolut UK chief: New York threatening London’s ‘supremacy’ in fintech April 15, 2024 London is at risk of losing its fintech “supremacy” to New York, the UK boss of Revolut has said, as the city boasts a plethora of top talent and the depth of its capital markets will tempt companies looking to IPO.
Sports Direct fails in bid for injunction against Premier League’s Newcastle United over replica kits April 15, 2024 The premier league club reasons were that it has entered into an exclusive retail arrangement with JD Sport to sell its upcoming replica kit.
European Commission backs out of battle over Qualcomm’s £862m fine August 29, 2022 In a further setback for EU regulators, European Commission will not be appealing the decision to overturn a €997m (£862m) fine placed on US chipmaker Qualcomm.
Week in Sportbiz: Fenerbahce step up attacks on beIN; CVC serves up $300m volleyball deal; London pipped by Big Apple; Qatar sales record; Man Utd February 5, 2021 Conflict is in the air at Fenerbahce – and not just because they face rivals Galatasaray in the Istanbul derby this weekend. Mesut Ozil’s new club have embarked on a bizarre crusade against broadcaster beIN Sports, accusing it of conspiring against the club by manipulating VAR and choosing camera angles or highlights that show them [...]
Robot Dream is a must-watch Oscar nominated animation movie March 21, 2024 Hand drawn animation has had a renaissance of late, with the success of the recent Teenage Mutant Ninja Turtles cartoon and Oscar winner The Boy and The Heron. Robot Dreams, which was nominated in the same category as the Studio Ghibli hit, continues that trend with an absolute classic of the genre. Adapted from a [...]
The Met need to spend less time on Twitter – and more time policing October 23, 2023 For reasons that remain unclear, the Metropolitan Police feels it necessary to be present – and indeed active – on Twitter. It’s possible they’ve chosen to do so as a sort of safety valve for Londoners; somebody to vent at when the police choose not to investigate your bike being nicked or your house being [...]
IQE shares slump nearly 20 per cent as it warns of falling semiconductor demand January 16, 2023 IQE shares dropped nearly 20 per cent today after the semiconductor wafer maker warned that demand is expected to fall in the new year because existing customers have already built up large stocks. In a pre-close trading update, IQE warned that destocking in the industry will “impact upon demand from existing customers” in the new [...]
Lower advertising revenue turns off profit STV Group March 5, 2024 The group's adjusted operating profit was down 22 per cent year on year
Facebook vs Twitter: Meta launches rival as Musk locks Tweetdeck July 4, 2023 Facebook owner Meta is launching a new app to rival Twitter this week. Threads, which will be linked to Instagram, is available for pre-order in the Apple App Store and will go live on Thursday. It is described as a “text-based conversation app… where communities come together”. The new app is the latest chapter in [...]
Amazon sued by US in landmark monopoly case after four-year probe September 26, 2023 The US Federal Trade Commission filed an antitrust lawsuit against Amazon as the government pressed on with its fight to rein in Big Tech.