Goldman and Intel back $5.4bn AI video startup Tech Goldman Sachs and Intel have backed AI video maker Higgsfield in a $400m (£295m) funding round that has more than quadrupled the two-year-old company’s valuation since January. The fresh funding values the startup at $5.4bn, up from $1.3bn just eight months ago, as investors pile into companies looking to turn generative AI into products businesses [...]
City AM Football Power List explained: What it is, who judges it and how ranking works Sport Business Football has never been bigger or more prevalent, so as a thrilling club season flows into the biggest and most commercial men’s World Cup ever, it feels like an ideal time to try to answer the question: who are the most powerful people in the sport? That was the task we at City AM set [...]
Ofcom launches probe into Telegram over child safety failures Tech The UK’s communications regulator has launched a probe into Telegram after evidence emerged that child sexual abuse material was being shared on the platform. Ofcom announced on Tuesday that it has also opened investigations into teen chat sites Teen Chat and Chat Avenue, assessing whether the platforms are meeting their legal duties to protect children [...]
Starmer targets social media giants as Kendall faces AI legal threat April 16, 2026 Sir Keir Starmer has called senior executives from Snap, Tiktok, Snap and Meta into Downing Street, as ministers double crack down on Big Tech’s effects on child safety. The meeting comes as tech secretary Liz Kendall faces mounting scrutiny over the government’s use of AI in the same consultation process. Starmer will tell the firms [...]
M&S is now worth more than Snapchat February 12, 2026 Here’s an interesting stock chart comparison that caught my eye this week. For the first time, the market cap of Snapchat owner Snap is now less than supermarket M&S, in a sharp reversal of the tech firm’s fortunes. If you’d spent £1,000 on shares in the social media platform five years ago, you’d be left [...]
Meta and Google face first trial over child safety claims February 9, 2026 The world’s largest social media giants are heading into a series of lawsuits in the US, accusing them of harming children with their addictive algorithms. The opening arguments begin this week in LA County Superior Court in the first case to be heard in front of a jury, alleging that Meta’s Instagram and Google’s YouTube [...]
Why Snap thinks 2026 will be Sport’s most connected and branded year yet December 28, 2025 Snap’s Kahlen Macaulay looks at why 2026 will be the year where sport is most watched, connected and branded. Pulitzer-winning US playwright Neil Simon was once asked why humans find sport so captivating. His reply? “It’s the only entertainment where, no matter how many times you go back, you never know the ending.” Simply, sport is [...]