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City A.M. Content

  • Binance Labs ready to kick off season three of pioneering incubator program

    November 11, 2021

    Binance Labs - the venture capital arm and innovation incubator of Binance - is set to begin 'Season 3' of its Incubation Program to support promising projects in the blockchain space.

  • Meghan apologies for misleading court over her involvement in biography

    November 11, 2021

    The Duchess of Sussex has apologised for misleading the court after her press secretary revealed the extent of her involvement with the writing of biography, Finding Freedom. Joseph Knauf told the court that the book was “discussed directly with the duchess multiple times in person and over email,” as part of ongoing correspondence with authors [...]

  • Bitcoin eases away from all-time high after dropping to $65,000

    November 11, 2021

    Bitcoin continued its streak yesterday, setting another new record high price of $68,500 before a sharp dip to $64k and recovery around $65k.

  • How digital currencies can generate BILLIONS in tax revenue

    November 11, 2021

    Crypto AM columnist Jonny Fry examines how cryptocurrencies could actually put a smile on the face of the tax man.

  • Ted Baker shows signs of recovery despite falling share prices

    November 11, 2021

    Ted Baker is enjoying rebounding sales and has cut its losses by 70 per cent, with the clothing chain looking to revive its fortunes as pandemic restrictions ease. Brand sales are up 23 per cent to £433m year-on-year, retail sales have grown 10.4 per cent to £136.9m during the same period, and overall losses have [...]

  • City Moves: Who’s switching jobs in the Square Mile today?

    November 11, 2021

    City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. DF Capital Specialist lender DF Capital has hired a new head of change and continuous improvement, who will    be responsible for leading the development of business innovations across the bank. Also ensuring organisational processes are most [...]

  • UK Supreme Court blocks £3bn data privacy claim against Google

    November 10, 2021

    The UK’s Supreme Court has voted down a £3bn lawsuit which would have seen 4.4m Brits compensated for data breaches by tech giant Google. The action led by former Which? director Richard Lloyd, supported by the campaign group Google You Owe Us, fought to bring a “representative action” against Google after it “illegally misused the [...]

  • London grocery delivery app Dija snapped up by rival GoPuff

    November 10, 2021

    London-based grocery app Dija has reportedly been sold to larger rival GoPuff amid fierce competition in the UK’s nascent rapid delivery market. The startup is set to announce the sale tomorrow, just five months after it launched, Sky News reported. While details of the deal will not be disclosed, the takeover will reportedly value Dija [...]

  • Watch as Israeli ambassador in UK is forced to flee London School of Economics, Liz Truss calls incident ‘unacceptable’

    November 10, 2021

    Protests outside a London university event where Israel’s ambassador to the UK spoke have been condemned by ministers as “deeply disturbing” and “appalling”. Tzipi Hotovely was invited to the London School of Economics (LSE) campus for an event hosted by the student debating society. Footage emerged on social media after the debate on Tuesday evening [...]

  • The metaversal evolution will not be centralised

    November 10, 2021

    The metaverse creates efficiencies, growth, and cost reductions orders of magnitude above and beyond that of physical space, explains Dr Kacher.

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