Premier League plots streaming service for live football matches February 10, 2019 The Premier League is planning to launch its own streaming service for live football matches in a bid to bypass broadcasters and boost revenues. The Netflix-style streaming service was due to be tested in Singapore, but the Premier League backed out of the project. Instead, the league sold rights to the next three seasons to Singapore [...]
Dentsu Aegis appoints UBS boss Volker Doberanzke as global president February 7, 2019 Dentsu Aegis today said it has appointed former UBS banker Volker Doberanzke as its global president of business operations. The newly-created role is one of the first major appointments made by executive chairman Tim Andree, who took over as chief executive at the beginning of this year after the retirement of Jerry Buhlmann. Read more: [...]
Corbyn allies join protest at Bank of England demanding transfer of gold to Maduro regime February 7, 2019 Two of Labour leader Jeremy Corbyn's most prominent allies joined a protest outside the Bank of England today, demanding that it release over £1bn worth of gold to the regime of Venezuela’s socialist strongman Nicolas Maduro. Members of Maduro's regime have laid claim to the country's gold reserves held at the Bank. Former Mayor of [...]
UKTV boss Darren Childs to step down ahead of £1bn BBC breakup February 7, 2019 UKTV chief executive Darren Childs is stepping down after eight years in the role ahead of a proposed £1bn breakup of the broadcaster. Childs, who has overseen a 66 per cent increase in revenues and nearly tripled profits during his time at the firm, will step down on 1 July. He has been tipped as [...]
Italy set to ban Huawei equipment from its 5G rollout plans February 7, 2019 Italy is set to ban Huawei equipment from its 5G network plans as international pressure on the Chinese firm continues to build. The Italian government is prepared to use so-called golden powers allowing it to back out of contracts without having to pay fines, Reuters reported, citing local media. Read more: Huawei cannot address UK [...]
Speed up full-fibre rollout or risk being left behind, CBI warns government February 7, 2019 The Confederation of British Industry (CBI) today called on the government to fast-track the rollout of full-fibre broadband as it warned the UK is at risk of lagging behind. The trade body has urged the government to take action this year to avoid a “digital divide” that would see businesses and people left behind as [...]
Huawei security issues will take three to five years to resolve, company warns February 6, 2019 Huawei needs three to five years to resolve the security issues raised in a UK government report last year, according to a company letter sent to MPs. The Chinese telecoms firm has already pledged to spend $2bn (£1.5bn) addressing the security concerns outlined in the National Cyber Security Centre's (NCSC) annual report. Read more: Huawei [...]
Spotify posts its first quarterly profit as paid subscriptions near 100m February 6, 2019 Spotify has made its first ever quarterly profit, it said today, as it revealed results for the three months to the end of December. The figures The Stockholm-based firm posted an operating profit of €94m (£82.5m), as well as a 29 per cent rise in revenue in the fourth quarter thanks to an increased number of paid [...]
Segro appoints Mondelez chocolate boss Mary Barnard to the board February 6, 2019 Property group Segro today said it has appointed a veteran of confectionery company Mondelez to its board. Mary Barnard, who is currently president of European chocolate for Mondelez, will take up the position of non-executive director from the beginning of March. Read more: Segro rent soars amid rising e-commerce demand for warehouse space The British [...]
Siemens and Alstom merger plans blocked by EU antitrust regulators February 6, 2019 A planned merger between Siemens and Alstom has been stopped in its tracks after EU regulators rejected the deal due to competition concerns. The transportation giants had put forward plans to create a combined company with revenues of roughly €15bn (£13.2bn). Read more: Alstom and Siemens offer merger concessions to get EU on side But [...]
