Exclusive: Human error and lack of robots threaten booming e-com space April 30, 2021 The pandemic has resulted in changing consumer behaviours which may have crushed many shops and retail businesses, but it also brought about new opportunities for retailers, particularly when it comes to going expanding their reach, diversifying their clientbase and offering products and services online. However, retailers will only succeed in the space if they ensure [...]
Lockdown winner Amazon made $13,000 PER SECOND in first quarter sales as profits hit record $8.1bn April 30, 2021 Amazon cemented its position as one of the biggest winners of the pandemic, posting record first quarter profits of $8.1bn last night off the back of making $13,000 in sales ever second. And it’s far from over yet. The e-commerce giant signalled that consumers would keep spending in a growing US economy and converts to [...]
Week in Sportbiz: Taxman cometh for football (again); BT Sport; Simone Biles; social media boycott; and NHS x NFL draft April 29, 2021 HMRC has cashed in by increasing scrutiny of the football industry, so perhaps it should be no surprise that the taxman has begun a new crackdown on players and clubs. Investigations into footballers almost tripled in 2019-20, while those concerning clubs more than doubled. The result was an increase from £35m to £73m in tax [...]
LinkedIn: Barclays, Tesco and NatWest ranked top three UK workplaces April 28, 2021 Barclays has been crowned the best company to work for, followed by Tesco and NatWest, according to LinkedIn’s list of the 25 top workplaces in the UK. The list ranks workplaces on their capacity to build and sustain a long-term career and have been compiled based on actions taken by the platform’s 30m UK members [...]
Space race: Elon Musk and Jeff Bezos go head to head April 27, 2021 The space race between the world’s two richest men catapulted into hyperdrive today.
Premier League set for TV cash boost after it agrees to renew £4.7bn contracts with Sky, BT and Amazon on same terms April 27, 2021 The Premier League is close to renewing its £4.7bn domestic broadcast contracts with Sky, BT and Amazon, according to reports. It has chosen a private sale to current partners on the same terms as existing deals rather than a traditional auction of the rights for 2022-2025, according to SportBusiness Media. The arrangement must still be [...]
Bezos bets on the barbers: Amazon to open London hair salon April 20, 2021 US tech giant Amazon has announced it will open a huge hair salon across two storeys in London’s Spitalfields. The company said customers will use Amazon technology to trial hair colours and entertainment will be provided by its Fire tablets at the salon in Brushfield Street. Hairdressing and styling will be provided by London salon [...]
Amazon executive in conflict of interest row over UK space role April 20, 2021 A senior Amazon executive is said to be in the running for a role as government space adviser despite concerns over serious conflicts of interest. Peter Marquez, head of space policy at Amazon, has been put forward to serve as a temporary, unpaid adviser to the government. He would take up the position alongside his [...]
UN chief calls for wealth tax on rich who profited during the pandemic April 12, 2021 The head of the United Nations has urged governments to impose a “solidarity or wealth tax” on rich people who profited during the coronavirus pandemic. UN secretary-general Antonio Guterres said the new tax scheme would help slash extreme inequality. “We must make sure funds go where they are needed most. Latest reports indicate that there [...]
Screenshot: Will London ever be ready for tech IPOs? April 2, 2021 This week **Media Moment of the Week: Volkswagen’s awkward U-turn **Will London ever be ready for tech IPOs? **Amazon goes bonkers for bots Media Moment of the Week: Volkswagen’s awkward U-turn There are few things as grating as the forced joviality of April Fool’s Day and it should, in this writer’s opinion, be cancelled. That [...]