Premier League confirms plans to scrap controversial pay-per-view model November 10, 2020 The Premier League has confirmed it will scrap its controversial pay-per-view model after a fierce backlash from fans. The new model, which was introduced following the international break in October, means fans have to cough up £14.95 to watch games not selected for regular broadcast. The move sparked anger among supporter groups, who raised hundreds [...]
Furious UEFA warns clubs: Join European Super League and we will ban you and your players April 20, 2021 UEFA president Aleksander Ceferin has warned the football body is working to ban breakaway European Super League clubs and their players from its competitions “as soon as possible” and urged domestic leagues to follow suit. Twelve clubs, including the Premier League’s so-called ‘big six’, are part of plans which would fundamentally alter the shape of [...]
Wall Street opens lower while FTSE plunges to snap June winning streak June 3, 2021 Wall Street’s main indexes opened lower today as investors weighed up data showing a pick up in jobs growth for cues on the trajectory of inflation. The Dow Jones Industrial Average fell 0.7 per cent at the open, while the Nasdaq Composite shed 1.3 per cent. Meanwhile, the S&P 500 dropped 0.8 per cent to [...]
Government ‘likely to miss’ 2025 full-fibre broadband target October 7, 2020 The government’s promise to provide full-fibre broadband to every home in the UK by 2025 is likely to be missed without sweeping reforms of telecoms policy, according to a new report. Prime Minister Boris Johnson made “levelling up” the country’s broadband provision a key part of his election manifesto and last year pledged £5bn to [...]
Credit Suisse halts redemptions on $10bn Greensill-linked funds March 1, 2021 Credit Suisse has suspended redemptions and subscriptions on a range of investments linked to the Softbank-backed finance firm Greensill Capital. Greensill Capital is the brainchild of former Citigroup and Morgan Stanley financier Lex Greensill and it employs former PM David Cameron as an adviser. Greensill specialises in supply-chain finance where businesses borrow money to pay [...]
Ofcom revokes Chinese broadcaster CGTN’s UK licence February 4, 2021 The media regulator has withdrawn China’s state-owned broadcaster right to broadcast in the UK following an investigation. Ofcom said the owner of China Global Television Network (CGTN) does not have control over its day to day output and is a distributor rather than a provider. Star China Media Limited “did not have editorial responsibility for [...]
Former BP boss Lord Browne to step down as Huawei UK chair July 14, 2020 Lord John Browne has resigned as UK chairman of Huawei, ahead of an expected ban on the telecoms provider to be announced later today. He will step down from the board in September, ending his tenure seven months early. Culture secretary Oliver Dowden is expected to tell MPs this afternoon that the government will ban [...]
Gary Lineker still BBC’s top paid star despite pay cuts July 6, 2021 Gary Lineker is still the BBC’s highest-paid star despite taking a pay cut last year as the corporation looks to slim down its hefty wage bill. The former England footballer and Match of the Day presenter earned £1.36m, the BBC’s latest annual report showed, down from £1.75m the previous year. It comes after Lineker, who [...]
Amazon to launch Prime Video on Sky ‘in time for Christmas’ December 14, 2020 The Amazon Prime Video app will launch on Sky Q, Sky Ticket and NOW TV devices from 14 December – just in time for Christmas. The news follows a new multi-year partnership agreement between the two companies, which brings Sky services to Amazon devices and vice versa. The move is the latest example of aggregation from [...]
Cisco snaps up London firm IMI Mobile in $730m deal December 7, 2020 US tech giant Cisco has agreed to buy London-based software company IMI Mobile in a $730m deal. IMI Mobile provides software and services for enterprise and its customers include BT, Hermes and O2. The tech firm will pay 595 pence per share in exchange for each IMI Mobile share, assuming fully diluted shares, net of [...]