As The New York Times and OpenAI go to war, smaller publishers are being left behind February 28, 2024 As the landmark legal battle between The New York Times and OpenAI continues, the fate of smaller publishers is being ignored.
Adidas releases fresh batch of top-end Yeezy trainers after severing Kanye links July 28, 2023 Adidas has said it is releasing a second batch of high-end Yeezy trainers after cutting ties with rapper Ye, formerly known as Kanye West, as the German sportswear brand seeks to unload the unsold shoes while donating to groups fighting antisemitism. The online sale, to start on Wednesday through Adidas smartphone apps and its website, [...]
Hotel Chocolat looks beyond Europe and signs deal with Japanese corporation January 3, 2023 Leading British chocolate brand Hotel Chocolat is looking beyond Europe after Brexit and has signed a new partnership with a major Japanese corporation. The tabletop favourite has teamed up with the Tokyo-based Eat Creator Corporation, after trading in Japan for the last four years. The chocolate maker reported a £9.4m loss for 2022 loss in [...]
Aardman: New Wallace and Gromit film helps create almost 100 UK jobs at animation studio February 8, 2024 The up-coming Wallace and Gromit film helped create almost 100 jobs at stop-motion animation studio Aardman.
GSK to spend up to £1.1bn in deal for access to unique asthma treatment January 9, 2024 GSK, formerly known as Glaxosmithkline, has agreed to acquire biopharmaceutical company Aiolos Bio in a deal worth at least $1bn (£785m), as it hails access to the latter company's twice-yearly asthma treatment.
Even MI6 have issues with the planning system: the story behind the former spy school being converted into flats June 20, 2024 A Pimlico building is to be converted into flats. But this wasn't any transaction - the stucco offices have a remarkable backstory involving spies, council planning committees and the King
Virgin Orbit ‘opportunistic on the market’ as it eyes new fundraising October 9, 2022 Virgin Orbit’s boss Dan Hart said the satellite launching company is going to be “opportunistic on the market,” as it seeks additional funding rounds following a disappointing SPAC listing. A subsidiary of Richard Branson-backed Virgin Galactic, the firm raised only $228m (£205m) when it listed in December 2021 on the NYSE. However, the initial target [...]
Hollywood strikes ‘groundbreaking’ AI agreement with Sony, Universal, Warner and Disney April 14, 2024 The deal includes Warner Music Group, Sony Music Entertainment, Universal Music Group and Disney Music Group.
GSK set to gain $1.25bn in HIV patent settlement with Gilead February 2, 2022 GSK is set to benefit from a whopping $1.25bn payment as part of a settlement between drug maker Gilead and its HIV department.
The Capitalist: Banksy isn’t cool anymore but do you know what is? Toe wrestling August 22, 2024 City rumours, whispers and gossip with The Capitalist, this week including Banksy fans cashing out, deals breaking but friendships forming and City boys oiling up for the World Toe Wrestling Championships