OneWeb wins unanimous approval for ‘historic’ push into Brazil July 5, 2022 Taxpayer-backed satellite giant OneWeb has won unanimous approval from Brazil’s telecommunications watchdog for landing rights in the country, in a “historic” milestone for the company. It means the British communications darling can build satellite hubs known as gateways, critical pieces of infrastructure for solid satellite connection across Latin America and the Caribbean. The 15-year deal, [...]
Move over flying cars, data centres are the treasure chests of the future April 7, 2024 They may not be quite as headline-grabbing, but data centres will power the next industrial revolution, writes George Lazarias.
London is triumphing over its reputation as the weird cousin of US tech successes December 15, 2022 Next year will mark twenty-five years since the dot.com boom that took place between 1998 and 2001. It was a time of huge creativity. Capital, talent and enthusiasm flowed into new ideas and young start-ups. What can London in 2023 learn from those heady days? We were there in 1998 with the lofty ambition of [...]
Amazon UK boss tipped as candidate for BBC director general role May 21, 2020 Amazon’s UK chief is said to be one of the frontrunners to take over as director general of the BBC amid concerns the job hunt could be pushed back due to Covid-19. Douglas Gurr, who has led the tech giant’s operations in the UK and Ireland since 2016, is one of four candidates on the [...]
Ofcom should regulate Netflix, says Rishi Sunak after Harry-Meghan row December 19, 2022 Rishi Sunak has proposed a change in law that would bring online streaming services like Netflix under Ofcom regulations. The Media Bill announced by the Boris Johnson government in May 2022 first suggested giving Ofcom regulation over streaming companies based overseas. Sunak has affirmed that there will be no change in this agenda. Currently, viewers [...]
Wall Street winning streak continues as US inflation continues to fall way past UK July 14, 2023 Wall Street’s winning streak barrelled into a fourth day following the latest signal that inflation is easing its chokehold on the economy. The S&P 500 rose 0.8 per cent on Thursday for its highest close since April 2022. The Dow Jones Industrial Average rose 0.1 per cent , and the Nasdaq composite rallied 1.6 per [...]
Netflix and starve: Cash strapped Brits cut back on groceries and spend more on TV subscriptions April 11, 2023 Cash strapped Brits have cut back on grocery shopping and dining out last month, but spent more on streaming services services Netflix. Consumer card spending grew just 4.0 per cent year-on-year in March, less than half of the latest inflation rate of 9.2 per cent, as the cost of living crisis drives consumers to cut [...]
Apple remains world’s most valuable brand June 14, 2023 Apple has once again been crowned the world’s most valuable brand, as the tech giant continues to entice customers despite the cost of living crisis. The American phone and tech maker is valued at $880bn (£698bn), figures from Kantar show, down from £947.1bn (£751.6bn) last year which is reflective of inflation and a tough market. [...]
Fund titan Blue Whale dumps Big Tech stocks August 1, 2022 Peter Hargreaves backed fund Blue Whale has backed out of Big Tech stocks as the sector continues feels the sting of inflationary concerns.
Ex-Barclays boss: Banks must adapt or face ‘slow decline’ under pressure from tech firms June 12, 2023 Ex-Barclays boss Antony Jenkins has warned established banks that they could be in a “world of very slow decline” if they failed to adapt to new technologies. Speaking to City A.M., Jenkins said “this industry is really on the brink of having to undergo radical transformation if it’s going to remain relevant to its customers.” [...]