Screenshot: Will the UK’s live music industry ever recover? October 23, 2020 A weekly column from City A.M. bringing you all the biggest stories and trends in technology, media and telecoms This week: ** Media Moment of the Week: Sky History gets tattoo regret ** Can the live music sector survive this crisis? ** The tide turns against Google Media Moment of the Week This week we [...]
China congratulates Joe Biden on presidency after week-long silence November 13, 2020 China’s foreign ministry has broken its week-long silence to congratulate US President-elect Joe Biden and vice president Kamala Harris on their White House victory. “We respect the choice of the American people. We extend congratulations to Mr. Biden and Ms. Harris,” foreign ministry spokesman Wang Wenbin said at a regular daily briefing. In a faint [...]
Bitcoin Breaks Past $10,000 as Fight Against Crypto-Related Scams Intensifies July 28, 2020 This week the price of Bitcoin (BTC) went from about $9,150 to a $10,250 high as demand related to decentralized finance projects has been boosting the cryptocurrency space, and as the fight against crypto scams has started to intensify. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week close to $240 and steadily [...]
Tech billionaires’ privacy brawl: Facebook’s defence of its darkest arts defies belief March 5, 2021 Facebook’s new advertisement – “Good Ideas Deserve To Be Found” – is a study in audacity, in which the company wraps its darkest arts in a cloak of moral purity. Facebook tracks its users’ behaviour, not only on its own apps but all across the web. What it learns about you in the process, it [...]
Joe Biden pledges to unify nation in US election acceptance speech November 8, 2020 President-elect Joe Biden has said it is “time to heal” the US and bridge the country’s gaping political divides in his election acceptance speech. Biden spook at Wilmington, Delaware just after 1am London time, telling the world that the “grim era of demonization in America” must end. “The refusal of Democrats and Republicans to cooperate [...]
Spending watchdog criticises government over £18bn Covid contracts November 18, 2020 The UK’s public spending watchdog has slapped the government on the wrist for failures of transparency when awarding lucrative private contracts worth around £18bn to companies during the coronavirus crisis, highlighting errors and potential conflicts of interest. The National Audit Office’s (NAO) report comes amid claims that the government has awarded contracts to businesses with [...]
Judge blocks Trump’s Wechat ban on constitutional grounds September 20, 2020 A US judge has blocked the US Commerce Department’s order for app stores to remove Chinese messaging app Wechat, ahead of a ban coming into force today. The Commerce Department issued an order on Friday requiring Apple and Google to remove Chinese-owned messaging app Wechat for downloads by this evening. The order also previously included [...]
Screenshot: Will the digital advertising boom ever end? July 30, 2021 This week **Media Moment of the Week: You are what you tweet **Will the digital advertising boom ever end? **Esports: Britain’s next big thing? Media Moment of the Week: You are what you tweet You know the scenario: someone says something you don’t like on Twitter and you have an overwhelming urge to rise to [...]
Trump acknowledges Biden won US election, even though it was ‘rigged’ November 15, 2020 President Donald Trump appeared to acknowledge publicly for the first time today that Democrat Joe Biden won the US presidential election, even though he asserted that it was “rigged”, reiterating his false claims of widespread voting fraud. Trump acknowledged Biden’s victory in a Twitter post in which he listed unsubstantiated allegations of fraud. Biden defeated [...]
Anglo American sees production grow 24 per cent in third quarter October 22, 2020 Mining giant Anglo American said it had seen a “strong operational recovery” in the third quarter, with a 24 per cent increase in production compared to the previous quarter. “We are currently operating at about 95 per cent of our normal capacity,” Anglo American chief executive Mark Cutifani said in the company’s latest production report. [...]