Exclusive: Northzone partner says London is still top of investor wishlist September 23, 2022 London is still at the top of European investors’ wishlists according to global tech VC investor Northzone. Having recently raised €1bn in its largest funding round to date, Northzone partner Kilian Pender reckons businesses are still betting big on the City. “While it’s hard to tell what impact economic downturns are going to have on the [...]
Report flags Meta content moderation concerns in Israel and Palestine September 22, 2022 A NEW report commissioned by Meta has found that content inciting hatred and violence against parties to the May 2021 conflict between Israel and the Hamas regime was not adequately removed by Facebook and Instagram.
Revenues soar for Ten Lifestyle as banks splash the cash September 22, 2022 Interest rate hikes have boosted concierge group Ten Lifestyle’s revenues as banks with cash to splurge spend shell out on its services. Ten, whose clients include Coutts and Natwest Black, said net revenue for the year rose 35 per cent to around £46.8m yesterday, beating forecasts of £45m. The UK firm offers preferential access to [...]
Caring for the community September 22, 2022 | City Talk As we get closer to World Sight Day, it is vital to think about how we cure those in need. Across the globe, many communities struggle due to residing in isolated areas. In Nepal, many communities live in regions that are high in the mountains and require an extremely treacherous journey to reach. The Tej [...]
Ethereum’s post-merge slide continues to cause concern September 22, 2022 The price of Ethereum continues to slip this morning, falling another 3.77 per cent over the past 24 hours to $1,278.
Credit Suisse board considering splitting investment bank into three parts September 22, 2022 The board of Credit Suisse is considering splitting up its investment bank into three. Among proposals put forward by its leadership are the resurrection of a “bad bank” for risky assets. Reported first by the Financial Times, under proposals the bank would look to sell profitable units in a bid to offset damaging capital raise. [...]
UK music biz struggles to keep up with pre-pandemic economic boom September 22, 2022 The UK music industry is still struggling to keep up with pre-pandemic levels, as the sector calls for more support. According to fresh data from industry body UK Music, the sector’s contribution to the UK economy in 2021 was £4bn – up 26 per cent on the £3.1bn figure for 2020, but still down 31 per [...]
The corporate aspects of Law Commission’s consultation paper on digital assets September 21, 2022 Elliot Cowan and Mumuksha Singh of law firm CMS examine the Law Commisssion's proposals for digital assets.
West Ham sponsor Betway hit with £400k fine over marketing on kids’ webpages September 21, 2022 West Ham’s main sponsor Betway has been whacked with a fine of over £400,000 for marketing on children’s webpages, adding to the tide of penalties given to gambling firms in recent months. The Gambling Commission found that between 14 April 2020 and 6 November 2021 the operator’s gambling logo, which linked to its website, was [...]
“Nothing short of a miracle” – Curing blindness in Dormaba, Nepal September 21, 2022 | City Talk In March 2022, the Tej Kohli and Ruit Foundation, in collaboration with the Tilganga Institute of Ophthalmology, staged a cataract microsurgical camp in Doramba, Nepal. This turned out to be one of the biggest outreach camps held in the mountainous regions of Nepal. In total there were 333 patients with nine of them being completely [...]