Vodafone hails ‘resilient’ first half despite Covid challenges November 16, 2020 Mobile giant Vodafone this morning hailed a “resilient” performance in the first half, saying that it had “increased confidence” in its full year outlook. Group revenue at the world’s second biggest mobile firm declined by 2.3 per cent to €21.4bn, with the acquisition of Liberty Global’s assets in Germany and Central Europe offset by lower [...]
Adobe rival Figma sets up international base in London September 7, 2020 Silicon Valley software starlet Figma has selected London as the site of its new international headquarters, opting to go ahead with the move despite the increase in remote working. London will be Figma’s new base for the Europe, Middle East and Africa (EMEA) region, currently playing host to a staff of 14 working from home. [...]
Saudi Arabian takeover of Newcastle United off as bid withdrawn July 30, 2020 The Saudi Arabia-backed bid to takeover Newcastle United football club has been withdrawn this afternoon. A consortium made up of the Gulf state’s Public Investment Fund, PCP Capital Partners and the Reuben brothers had reportedly made a £300m bid to businessman Mike Ashley for the Premier League team. In a statement, the group said: “With [...]
The City View: Victoria Scholar on Sunak’s windfall tax and Cowgill exit May 26, 2022 Today Andy Silvester talks to Victoria Scholar, Head of Investment at Interactive Investor. They go through Rishi Sunak’s unveiling of a windfall tax today, the Fed’s plans to hike rates by 50 basis points in June and July, Elon Musk’s painfully slow acquisition of Twitter, and JD Sports founder and CEO Peter Cowgill’s shock departure [...]
Disney Plus to launch in the UK on 24 March January 21, 2020 Disney Plus, the entertainment giant’s subscription service, will launch in the UK on 24 March, it was confirmed this morning. The platform, which is set to take on competitors such as Netflix and Amazon Prime, will come with two payment models: £5.99 a month or £59.99 for a year. Subscribers will be able to access [...]
Sky Incredibles Wi-Fi advert banned after BT and Virgin lodge complaints March 6, 2019 An advert for Sky broadband has been banned after rivals BT and Virgin argued it made misleading claims about the company’s ability to boost home Wi-Fi networks. The advert, which featured characters from the hit animated film The Incredibles 2, depicted a Sky employee boosting Wi-Fi throughout the house using just a tablet. Read more: [...]
Anthony Joshua vs Kubrat Pulev: How pay-per-view numbers tell the story of British boxer’s success December 11, 2020 British boxer Anthony Joshua defends his world titles against Bulgarian challenger Kubrat Pulev this weekend in a contest most will watch on pay-per-view television. A maximum 1,000 fans will be allowed to attend the SSE Arena in London on Saturday, but the rest must fork out £24.95 to watch on Sky Sports Box Office. All [...]
Covid consolidation bears low-hanging fruit for traders June 29, 2020 No understatement is truer than the one about how “nothing will ever be the same again” following the coronavirus pandemic. Businesses in the hundreds of thousands will not reopen. Millions of jobs have been lost. Billions of dollars have been wiped off the valuations of household brands and City darlings. Past worries about Brexit seem [...]
BT appoints media veteran Allison Kirkby to board amid turnaround plan February 12, 2019 BT has appointed veteran telecoms and media executive Allison Kirkby to its board as it looks to transform its recent run of bad fortune. Kirkby, who is currently president and chief executive of Danish telecoms giant TDC Group, will join BT as a non-executive director from 15 March. Read more: Gavin Patterson reveals major regret [...]
How industries can fight the Fake Elon Musk and Celebrity Crypto Scams April 28, 2020 The realism, scale and sophistication of scammers around the world using tech industry celebrities such as Bill Gates and Elon Musk continues to increase. This is especially visible around the case of Musk iit’s extended past the twitter “Crypto Giveaways” using images and fake accounts. It has gone so far to having live stream videos [...]