Competition watchdog green lights Microsoft’s £13.9bn snap up of Nuance Communications March 2, 2022 UK competition watchdog has given Microsoft’s $19.7bn (£13.9bn) acquisition of Nuance Communications the green light this morning, stating that it did “not give rise to a realistic prospect of a substantial lessening of competition”. Tech giant Microsoft snapped up the US-headquartered software firm last April in a push to advance its software capabilities. Nuance offers [...]
Bitcoin steady at $44k as crypto continues to decouple from stocks March 2, 2022 The crypto markets have steadied since Monday's buying spree, with the price of Bitcoin hitting a wall yesterday at $44,000.
Subsidies to Wales have made devolution a begging bowl rather than a point of pride March 2, 2022 Did you raise a toast yesterday to the staff of Gwynedd Council in North Wales? They were enjoying their very own special Bank Holiday to celebrate the day of the patron saint of Wales, St David. Gwynedd council proudly declared in January that it would “grant” this extra holiday. All very well and good, except that [...]
Prime Video pumps £10m into UK TV and film career training as industry flourishes March 2, 2022 Amazon Prime Video have announced today that it will be investing £10m into a new training initiative to open up opportunities for TV and film across the UK. Under Prime Video Pathway , the streaming giant will partner with the National Film and Television School (NFTS) to establish a UK-wide academy programme as well as funding and supporting two [...]
Government gears up to introduce tougher telecoms security to defend UK against cyber attacks March 1, 2022 Mobile and broadband networks may be forced to provide better protection from cyber attacks under stronger security rules for telecoms firms proposed by the government. In a new public consultation on draft regulations, the government have outlined the specific measures telecoms providers would need to take to fulfil their legal duties under the new Telecommunications [...]
Telecom Italia set to propose alternative to £9bn KKR takeover swoop March 1, 2022 Telecom Italia is gearing up to offer an alternative to US fund KKR's hefty €10.8bn (£9bn) takeover bid.
McKinsey and BCG face calls to cut ties with Russian businesses, after pledging to sever links with Putin government March 1, 2022 Consultancy giants McKinsey and Boston Consulting Group (BCG) are facing calls to further sever their links to Russia, after both firms said they would stop working with the Russian government. The calls come after the UK government called on City of London firms to cut ties with Putin’s regime. Consulting giant McKinsey is facing calls [...]
2021: An exceptional year for EMEA M&A March 1, 2022 | City Talk EMEA M&A markets went into overdrive in 2021, spurred by a number of factors, resulting in an exceptional year for dealmakers.
Bitcoin overtakes Russian rouble as crypto markets buoyant March 1, 2022 The Bitcoin price currently sits at around $43k, having increased more than 12 per cent over the past 24 hours.
Betfair owner Flutter shares dive despite US growth March 1, 2022 Paddypower and Betfair owner Flutter Entertainment reported steady growth this morning despite, with recreational customers up 23 per cent to 7.6m average monthly players.