App Store revenue tumbled last month amid mobile gaming lull October 4, 2022 Apple’s App Store revenue fell last month as gaming slowed on smartphones, according to a note from Morgan Stanley. Analyst Erik Woodring said revenue dropped around five per cent, impacting the US, Canada and Japan. Using data from Sensor Tower, a firm that tracks app downloads and sales, Woodring said the main driver for the [...]
Donelan’s data law reform lag raises eyebrows October 4, 2022 Digital secretary Michelle Donelan has faced criticism over her decision to halt the data reform bill, with experts suggesting that changes will cause more harm than good when carving out the UK’s post-Brexit path. Speaking at the Tory party conference yesterday, Donelan said draft legislation first introduced in July would be paused so ministers could [...]
Kwarteng trashes market bets on earlier OBR report and fiscal plan October 4, 2022 The pound today climbed to its highest level against the US dollar in two weeks despite chancellor Kwasi Kwarteng trashing market expectations of a sooner-than-expected fiscal plan. Sterling surged 0.78 per cent against the greenback to buy $1.141. It has now regained all its losses since Kwarteng’s mini-budget rocked the currency last month. UK borrowing [...]
Government chases gas deals with Norway amid supply crunch fears October 4, 2022 The Government is chasing gas deals with Norway, as it looks to ramp up supply security and ensure the lights stay on this winter.
North Sea industry must focus on training offshore workers for green roles October 4, 2022 The North Sea energy sector needs to focus more on training people for green jobs and shifting workers in the oil and gas industry.
999 call handlers to strike on Thursday over BT pay row October 4, 2022 999 emergency call handlers are set to walk out for the first time this Thursday as the strike over pay for BT Group workers continues. Members of the Communication Workers Union – the union for BT workers – will be walking out on Thursday 6 October, with further strikes planned for Monday 10 , Thursday 20 and [...]
Shell boss says Governments may need to tax companies to ease energy bills October 4, 2022 Governments should tax companies to help vulnerable customers deal with soaring energy costs, argued Shell's boss Ben van Beurden.
UK courting Norway and Qatar for long-term gas deals as Truss makes energy security a priority October 4, 2022 Locking in long-term gas deals with Norway, Qatar and other countries around the world has become a priority for the new Liz Truss government, as the prime minister said her focus has turned to keeping lights on this winter. Truss said ministers are “looking” at multi-year deals to cut reliance on imports from authoritarian regimes. [...]
Criminals turn to cross-blockchain tools to hide billions in cryptocurrencies October 4, 2022 Criminals are using complex new blockchain technologies to hide and launder billions in ill gotten gains. At least $4bn (£3.6bn) worth of illicit crypto-assets has been laundered via various “cross-chain” technologies, that let both legitimate and illegitimate users move funds between blockchains, analytics firm Elliptic said. Decentralised exchanges (DEXs), cross-chain bridges, and coin-swap services are [...]
Credit Suisse shares rise as crisis fears settle October 4, 2022 Shares in scandal-sticken lender Credit Suisse rose nearly five per cent this morning as fears of an impending crisis began to settle after a turbulent day of trading yesterday.