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      Revolut secures $115bn price tag after string of licence wins

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      Sporta gets £5m injection as it seeks UK banking license

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Media

  • Sotheby’s launches bumper auction of Bond memorabilia as Dr. No turns sixty

    August 14, 2022

    AUCTION house Sotheby’s is set to mark sixty years of James Bond on screen with a collection of over 100 pieces of sought-after memorabilia. The ‘Bond on Bond Street’ collection includes a replica of Scaramanga’s pistol from The Man with the Golden Gun as well as a series of so-called transparencies, high-resolution movie images used [...]

  • Eurovision will not be hosted in London as seven UK cities in the running for song contest

    August 12, 2022

    London is not in the running to host next year’s Eurovision Song Contest when it comes to the UK. A shortlist of seven cities has been announced, including Birmingham, Glasgow, Leeds, Liverpool, Manchester, Newcastle and Sheffield. Hower, London and Belfast are among those that will not be considered for the event, which is to be [...]

  • The over-hyped madness of the metaverse and the forgotten value of video 

    August 11, 2022

    The metaverse and Virtual Reality have had the weight of a number of large big technology companies behind it in the last year, spearheaded by the likes of Apple, Facebook, and Microsoft. Not only did the industry see its proliferation increase substantially over the pandemic, but the hype has yet to deter, particularly with speculation [...]

  • Disney takes online video crown away from Netflix as global streaming war heats up

    August 11, 2022

    Entertainment giant Disney said late last night it has taken over streaming rival Netflix in the total number of subscribers for the first time ever. Having gained 14.4m subscribers to its Disney+ the franchise now maintains a 221m total subscriptions across its streaming offerings. This is compared to Netlfix’s reported 220.67m total global subscribers. It [...]

  • News Corp nearly doubles profit after online advertising sales and subscriptions soar

    August 9, 2022

    Rupert Murdoch’s publishing giant News Corporation has almost doubled its profit to reach a record $760m.  The buoyant results come after a boom in online advertising sales and subscriptions for the owner of titles including The Wall Street Journal, The Australian, The Sun and The Times. Revenue shot up 11 per cent to $9.36bn in [...]

  • Facebook, TikTok and fake news play key role in Kenyan elections: Millions to vote today after ugly online campaigns

    August 9, 2022

    NAIROBI – Politicians and political parties across Kenya have spent tens of millions on social media campaigns in recent weeks in a last effort to win over voters, as the East African country is going to the polls today. Alongside hundreds of genuine statements and ads, fake and false online claims play a key role [...]

  • Informa sells centuries old Lloyd’s List to private equity firm Montagu

    August 5, 2022

    London private equity firm Montagu has struck a deal with publishing giant Informa to buy up shipping newsletter Lloyd’s List, one of the world’s oldest continuously running news journals. Montagu Private Equity, which manages €10bn (£8.4bn) worth of assets, has agreed to buy the centuries-old maritime news service from Informa, in a deal worth £385m. [...]

  • Advertising titan WPP lifts net sales forecast

    August 5, 2022

    The world’s biggest advertising group, WPP, has hiked its full-year net sales outlook, anticipating buoyant spending by clients. The London-listed firm said it now anticipates net sales to grow six to seven per cent in 2022, on a like for like basis. This was an adjustment upwards from a previous forecast of 5.5-6.5 per cent. [...]

  • Main stream: AFTV founder Robbie Lyle on taking football fan channels overground

    August 4, 2022

    Robbie Lyle, the avuncular face and founder of Arsenal fan media platform AFTV, was walking through New York City when he truly realised what a phenomenon he had created. On his stroll Lyle came across activists marching on Times Square in protest at the Israeli-Palestinian conflict, each with their mouth taped up in a symbol [...]

  • UK parliament shuts down its TikTok account over China security concerns

    August 3, 2022

    Parliament has decided to shut down its new TikTok account after just one week due to data security concerns raised by MPs. Four MPs and two Lords who have all been sanctioned by China wrote to Commons speaker Sir Lindsay Hoyle and Lord speaker Lord John McFall to complain about “data security risks associated with [...]

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