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      Anthropic’s growth slows ahead of IPO as AI spending bill nears $900bn

      Dario Amodei, CEO of Anthropic, speaking at a tech conference podium, wearing a suit and addressing the audience.

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      Commonwealth Games generated £223m for Scotland

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  • Watch: Rescue effort underway after Afghanistan quake kills 1,000 and Taliban asks for help

    June 22, 2022

    The UK is ready to offer aid to Afghanistan following a deadly earthquake which has killed 1,000, but relief will not be channeled through the Taliban. Helicopters were sent to joint the rescue effort by the Islamist rulers of Afghanistan, with interior ministry official Salahuddin Ayubi saying “the death toll is likely to rise as [...]

  • The launch of Paramount Plus: Streaming isn’t a ‘winner takes all market’ says global chief

    June 22, 2022

    Paramount Global launched its own streaming service in the UK this morning, entering an already flooded market of choice.

  • Sky brings forward Elstree Studios expansion plans in a vote of confidence for UK film and TV

    June 22, 2022

    Sky has brought forward proposals to expand Sky Studios Elstree with 10 new sound stages, showing its immense vote of confidence in UK film and TV.

  • Exclusive: So Energy criticises ringfencing proposals amid deepening industry row

    June 22, 2022

    So Energy has raised concerns over Ofgem's proposals to reform the energy market, and has called on the regulator to be transparent.

  • Sam Bankman-Fried offers money to affected crypto platforms amidst downturn 

    June 22, 2022

    FTX CEO Sam Bankman-Fried is helping out crypto companies hit by the crash with monetary aid. FTX, one of the world’s biggest crypto exchanges, signed a $250m (£204m) revolving line of credit to crypto lending platform BlockFi, both companies announced on Tuesday. “We take our duty seriously to protect the digital asset ecosystem and its [...]

  • Stock markets look weak as price of Bitcoin fights to stay above $20,000

    June 22, 2022

    The price of Bitcoin saw a drop overnight and is down five per cent this morning, holding just above $20k.

  • 1 Minute Market Rundown – 22nd June 2022

    June 22, 2022  |  City Talk

    Powell in Focus Later TodayUK Inflation Prints as Expected But Still Very HighJPY Hits 24 Year Lows Risk did rally yesterday as suspected with the S&P posting a 2% gain over the day. Correspondingly, the USD sold off against both the EUR and GBP. Something to note is that the USD did not back off [...]

  • BBC must improve complaints handling warns media watchdog Ofcom

    June 22, 2022

    The BBC must be much more open with audiences about how it handles their complaints, warned media watchdog Ofcom.

  • Blurred lines: Athlete investors on rise as brands embrace new ways to partner with sport stars

    June 22, 2022

    When Anthony Joshua and Dazn announced a new partnership last week, one of the most eye-catching aspects of the deal was that it involved the British heavyweight boxer acquiring a stake in the sports streaming platform. It was just the latest example of a prominent athlete cultivating a business portfolio to complement their sporting career.  [...]

  • Record £11.9bn invested in London’s smaller businesses in 2021

    June 22, 2022

    Equity investment in London’s smaller businesses hit a record £11.9bn in 2021, according to data released today by the British Business Bank. This was an 89 per cent increase year over year, with the number of deals announced in the capital increasing by 23 per cent to 1,286, the Bank’s annual Small Business Equity Tracker showed.  The upward trend continued in [...]

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