Trump’s social media raises $1bn from investors December 5, 2021 TRUTH Social, the new social media launched by Donald Trump’s Trump Media & Technology Group (TMTG), has raised $1bn from investors, after entering a subscription agreement with spac Digital World Acquisition Corporation (DWAC). The former US President said the $1bn funding “sends an important message to Big Tech that censorship and political discrimination must end.” [...]
Alphawave dishes out $25m in first acquisition following London IPO December 2, 2021 Alphawave has bought telecoms firm Precise-ITC for some $25m – its first acquisition since it debuted on the London Stock Exchange earlier this year. The deal for the Canadian ethernet and optical communications company, which is expected to close in January and contribute to next year’s revenue, intends to supply Alphawave customers with integrated IP [...]
SSE’s distribution company commits £4bn to boost infrastructure amid net zero push December 1, 2021 Scottish and Southern Electricity Networks (SSEN) Distribution will invest around £4bn over a five-year period across its network.
Microsoft faces pressure from investors over sexual harassment record December 1, 2021 Microsoft investors are calling for greater transparency over sexual harassment claims following allegations against ex-chief Bill Gates.
Don’t switch off yet: TV’s ‘water cooler moments’ and 150m subscriptions cancelled in 2022 December 1, 2021 The technology, media and telecommunications (TMT) practice at Deloitte, has today announced its predictions for the sector in 2022, which includes gaming, wearable devices and TV streaming.
Kin + Carta Chairman John Kerr CA on becoming the first London-listed B-Corporation December 1, 2021 | City Talk This article first appeared in ICAS’ CA magazine. Kin + Carta helps clients undergo digital transformation. But, crucially, its strong ethical underpinning means it’s set to become the first London-listed B-Corp. Chairman John Kerr CA explains why it’s blazing the trail. Kin + Carta describes itself as a transformative business. At first glance, this refers to [...]
London the top destination for global tech talent looking to relocate November 30, 2021 London is the most attractive destination in the world for tech talent looking to relocate to another nation.
UK regulator on course to block Meta’s Giphy deal November 29, 2021 The UK's competition regulator is reportedly planning to block Meta's Giphy deal as it amps up pressure on Big Tech.
Jacky Wright, Microsoft’s Chief Digital Officer on technology, ethics and business November 29, 2021 | City Talk This article first appeared in ICAS’ CA magazine. Jacky Wright, Corporate VP and Chief Digital Officer, Microsoft US, tells Laurence Eastham why business and society thrive at the intersection of technology and ethics, and why we’ve now hit a critical juncture. As Corporate VP and Chief Digital Officer, Microsoft US, Jacky Wright has a pivotal role [...]
Telecoms giant AT&T under pressure to address Afiniti abuse allegations and not ‘prop up harassers’ November 28, 2021 US telecoms giant AT&T has come under fire for not addressing the sexual assault scandal enveloping tech firm Afiniti, which depends on the conglomerate for the majority of its revenue. AT&T is thought to account for up to two thirds of Afiniti’s revenue following a 2019 deal worth more than $100m (£75m), according to the [...]