Valuation of Fortnite creator Epic Games soars to $28bn after lockdown demand March 20, 2021 The owner of two big pandemic winners, Fortnite and Houseparty, has reportedly closed a new fundraising round which brings its valuation to around $28bn. Epic Games is finalising the terms of a $1bn fundraising just seven months after its last round, according to Sky News. Last summer the Houseparty-owner secured a $17.3bn valuation after a [...]
The Week Ahead: Markets set for flurry of big bank earnings, ahead of the Budget October 25, 2021 It was contrasting week for US and European markets last week, with the Dow and S&P500 once again setting the pace with more record highs, while European stocks lagged behind, finishing the week lower, despite a valiant attempt to recoup their losses from an early week sell-off. The recovery in the latter part of the [...]
Leap of faith from politics to Upland – a busy world of Web3, blockchain and metaverse July 3, 2023 Upland's Chief of Staff - Danny Brown Wolf - discusses making the move from politics and law with some notable overlaps in Web3.
Taiwan trade moving away from China may bring ‘untapped opportunities’, say analysts March 8, 2022 ING is monitoring whether Taiwan trade is moving away from China, as exports to the mainland have fallen slightly so far this year. “With political tension between mainland China and Taiwan escalating, there are signs that Taiwan exports are gradually moving away from mainland China,” chief economist for Greater China at ING, Iris Pang said today, explaining that exports to the US have increased in the period. Exports and [...]
City sitdown: Private equity should learn to be more emotional, argues City grandee October 5, 2022 Whether you like it or not, private equity is a significant part of the UK economy and accounts for almost 50 percent of all deal value, double the level from just five years ago, according to a recent deal analysis from PwC. Its fingerprint has been all over household names including Asda, the AA, Morrisons and [...]
Bitcoin: The Future of Payments March 31, 2022 Bitcoin offers a new way to think about the future of your business payments. A challenge at any business is deciding how to best allocate valuable resources to bring the types of change required to manage through the crises of today and be successful tomorrow. Accelerated by the global pandemic, the turn to a cashless [...]
Mezcal is here and The Lost Explorer is the ideal place to start August 23, 2021 Mezcal has been on the verge of breaking into the UK’s mainstream spirits market for some time now, with some excellent and accessible brands knocking on the door of discerning drinkers. And there is perhaps no better, more successful small batch mezcal available on these shores right now than The Lost Explorer. Launched in late [...]
Spotify hits subscriber targets as pandemic party continues April 28, 2021 Spotify today reported subscriber growth at the top end of its targets for the first quarter as strong momentum from a pandemic-induced boom in trading continued into 2021. The music streaming giant posted 21 per cent year on year growth in premium subscribers to 158m after it added 4m in the first three months of [...]
Crypto AM SPOTLIGHT on Swarm Markets: Paving the way for tokenisation of real-world assets June 11, 2023 Crypto AM turns its spotlight on Swarm Markets - a regulated blockchain platform and winner of the Crypto AM ‘Outstanding Contribution to DeFi’ award.
Activist investor moves to oust Peloton boss January 24, 2022 Activist investor Blackwells Capital has moved to oust the boss of beleaguered home-fitness firm Peloton after it was revealed that the company was scaling back production last week.