iEnergizer heads toward record year as bosses forecast bumper revenues February 21, 2022 London-listed IT firm iEnergizer has forecast a jump in earnings as it heads towards the end its financial year on March 31.
PrimaryBid gets backing from SoftBank in $190m funding round February 21, 2022 London-based retail investment platform PrimaryBid has today closed a $190m funding round as readies to ramp up its growth across Europe and the US.
Lotus eyes up IPO to supercharge production February 21, 2022 Iconic British car maker Lotus is heading towards a multi-billion pound floatation as it readies to open a new production plant in China and targets 100,000 sales a year by 2030.
Government opens consultation into Huawei switch-off following six month Covid delay February 20, 2022 The government have launched a consultation with telecoms firms on controlling the use of Huawei in the UK following the announcement this week that it had delayed the removal by six months due to Covid. Ministers had originally planned to cut the share of Huawei equipment to 35 per cent of the full fibre and [...]
Schools sound alarm over ‘Tinder for teens’ app February 20, 2022 Schools and campaigners have warned against a new social media platform, Yubo, which an investigation has shown is exposing children to abuse. The “Tinder for teens” app allows children aged 13 to 17 to match with dates and join video calls of hundreds of people. A Sunday Times investigation found that there was no age [...]
Blavatnik’s firm pumps $4.3bn into sports media group DAZN February 19, 2022 Billionaire investor Sir Len Blavatnik has announced a $4.3bn capital injection into sports media firm DAZN as the firm eyes an expansion into betting, gaming and NFTs.
Cabinet backs plans to clampdown on tech giants with strict new content laws February 19, 2022 Home office plans to roll out world’s most stringent internet safety laws have won the backing of the cabinet as the government looks to shift responsibility for harmful online content on to tech giants.
Virgin Media owner and Telefonica eye new fibre giant to cover 7m UK households February 18, 2022 Liberty Global and Telefonica are in discussions with potential financial partners to create a new network venture in the UK.
Virgin Media O2 customers set to face hefty phone bill hike February 17, 2022 Phone bills for Virgin Media and O2 customers are set to rocket as the telecom giants feels the inflation sting. All Virgin Mobile customers will face a 11.7 per cent rise – the 7.8 per cent current rate of inflation as measured by the Retail Prices Index (RPI) plus 3.9 per cent. Meanwhile, only O2 [...]
Low earth satellites spur ‘connectivity revolution’ as businesses eye capabilities beyond broadband February 17, 2022 After a global surge in deal-making for low Earth orbiting (LEO) satellites, there is a ‘connectivity revolution’ sweeping the UK and the rest of the world, according to analysts. LEO satellites are currently outgunning satellites positioned higher in Earth’s orbit due to their higher performance in climate monitoring, inter-vehicular networking and remote tracking. “Venture capital [...]