Huawei is an ‘instrument of the Chinese government’, Pompeo warns May 29, 2019 US secretary of state Mike Pompeo has launched a fresh attack on Huawei, accusing the Chinese firm of taking orders from Beijing. “Huawei is an instrument of the Chinese government,” Pompeo told Fox Business Network. “They’re deeply connected. It’s something that’s hard for Americans to understand.” Read more: Softbank names Nokia as 5G supplier in [...]
General Atlantic to sell half its stake in £2bn oil data group Argus Media May 29, 2019 Growth equity fund General Atlantic (GA) is set to sell half its stake in oil data group Argus Media in a deal that will value the firm at roughly £2bn. City A.M. understands GA, which bought a 50 per cent stake in Argus three years ago for around £1bn, is in advanced talks with long-term [...]
Softbank names Nokia as 5G supplier after shunning long-term partner Huawei May 29, 2019 Softbank has chosen Nokia to supply equipment for its 5G network, in the latest blow for Chinese telecoms firm Huawei. Softbank, which operates a mobile network in its home country of Japan, today said it will use Nokia technology in non-core parts of its 5G network, which is set to launch next year. Read more: [...]
Yorkshire Building Society taps WPP agency Mindshare for £6m media account May 29, 2019 Yorkshire Building Society has tapped WPP agency Mindshare for its media planning and buying account, the company said today. Read more: WPP suffers sales drop after ‘significant’ client losses Mindshare secured the contract, which will be worth roughly £6m annually over the next five years, after a five-month pitching process. “We are delighted to be [...]
T-Mobile and Sprint could sell Boost Mobile for up to $3bn May 29, 2019 Potential buyers are reportedly lining up bids to snap up pre-paid phone company Boost Mobile from T-Mobile and Sprint for as much as $3bn (£2.4bn). The planned sell-off comes a week after T-Mobile and Sprint won approval from the US federal communications commission for their $26bn merger. Read more: Firms forced to reveal cheapest phone, TV [...]
Majority of UK’s tech workforce ‘prepared to leave the UK’, study finds May 29, 2019 Three-quarters of British tech workers would be willing to leave the UK to work abroad, despite London ranking as the world’s best city for tech, according to a new survey. Research by Boston Consulting Group (BCG) and Totaljobs found the majority of employees in the UK’s tech industry were the prepared to relocate, while just [...]
Chief executives targeted by phishing attacks as email threats grow May 29, 2019 Almost two-fifths of global executives have fallen victim to an email-based cyber attack over the last year as hackers target top brasses, new data has revealed. Read more: Less than one per cent of cyber crimes lead to prosecution Research by cybersecurity firm Mimecast revealed 38 per cent of company bosses and other executives have [...]
BBC calls on top presenters for Tory leadership race debates May 28, 2019 The BBC has confirmed it will host a series of TV debates and interviews as Tory leadership hopefuls battle it out to become the next Prime Minister. BBC News will put on a series of special programmes, including a debate between all the candidates in the leadership race in mid-June, moderated by Newsnight presenter Emily Maitlis. [...]
Freebike to launch electric bike-sharing scheme in the City May 28, 2019 Electric bike company Freebike is set to launch a dockless bike-sharing service in the Square Mile after securing a contract with the City of London Corporation. The pedal-assist electric bikes will allow workers to travel around the City using the Freebike app or by swiping a contactless card, with a pause facility enabling users to [...]
Live TV still the top choice for Brits despite rise of on-demand viewing May 28, 2019 Broadcast live TV is still the go-to option for Brits when deciding what to watch, despite the surge in popularity of on-demand services, a new survey has revealed. More than two-fifths of the UK population still always turn to live TV in the first instance, making traditional broadcasters the most popular choice, according to research [...]
