By: Joe Hall

I'm a sports and sports business journalist with City A.M. Follow me for coverage of the industry behind sports and the money made by top athletes. I've provided expert commentary on sports business for both TV and radio, including the BBC World Service. My email is always open to tips and story ideas: joe.hall@cityam.com

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Facebook, Instagram and Tinder down for over an hour but social media giant denies cyber-attack

January 27, 2015

Millions of Facebook and Instagram users were left stranded without profiles to lurk, updates to post and photos to “like” this morning, as the social networks were down for around an hour. Even Tinder users were unable to get swiping with the dating app shut down by what Facebook say was a fault caused [...]
Mike Ashley loans Rangers £10m which will be used to pay back loans from… Mike Ashley

January 27, 2015

Rangers have agreed to take a £10m loan from Mike Ashley, which has been secured against the club's Murray Park training ground and registered trademarks. Ashley, who also owns Newcastle United, will take control of 26 per cent of the club's retail business as a result. The founder of Sports Direct has a 8.9 per [...]
Greece elections 2015: How David Cameron, Ed Miliband, Paul Krugman and other world leaders and economists reacted to Syriza victory

January 26, 2015

The impact and significance of Syriza's victory in the Greek election is already making its mark on Europe and the rest of the world. Syriza, a leftist anti-austerity party, wants to renegotiate Greece's debt to its three creditors (the European Commission, the European Central Bank and the International Monetary Fund), which currently stands at around [...]
Sony’s PlayStation 4 20th anniversary special edition sells for £85,000 at auction

January 26, 2015

A PlayStation 4 console costs £329 from Tesco, yet a punter in Japan was prepared to pay a whopping £85,000 for a special edition version at auction. Sony held an auction for a 20th anniversary edition of the PlayStation 4 with the serial number 00001. The winning offer of 15,135 yen beat 1,585 bids [...]
Falling oil prices set back Aveva who warn of results hit

January 26, 2015

Engineering software firm Aveva has warned investors sales have been stuttering due to falling oil prices. The company is reliant on the oil and gas market for 45 per cent of its revenues, but says it is now “experiencing increased uncertainty and reduced visibility” in the sector which has been “exaggerated recently by the [...]
Euro falls to new 11-year low following Greek elections

January 26, 2015

The euro fell to a historic 11-year low against the dollar on Monday after anti-austerity party Syriza came out victorious in the Greek elections. The currency briefly dipped as low as $1.1088 – its lowest level for over a decade – before briefly recovering to $1.186, a 0.2 per cent drop from last week. [...]
Nike sued for copyright infringement over Air Jordan logo

January 24, 2015

Air Jordan, Nike’s successful basketball brand, could be brought crashing back to earth by a lawsuit which claims its iconic logo is guilty of copyright infringement. The silhouetted image of Michael Jordan stretching for a slam dunk has been the most prominent logo of Nike's basketball merchandise which generated $3.2bn (£2.1bn) in revenue in [...]
British Airways owner IAG makes third Aer Lingus takeover offer

January 24, 2015

International Consolidated Airlines (IAG) has increased its takeover offer for Aer Lingus. The owner of British Airways and Spain’s Iberia has submitted a revised proposal to the Aer Lingus board that values the Irish carrier at €1.34bn (£971m) according to Sky News. IAG has already had two cash takeover bids of €2.30 and [...]
GoPro teams up with NHL ice hockey in first foray into professional sports

January 24, 2015

GoPro has long been the go-to gadget for amateur athletes to capture and share their exploits, but now the the small camera is stepping into the big time. The listed company has teamed up with the NHL, the biggest ice hockey league in the world, to broadcast intimate live footage right from the heart [...]
Expedia spends £187m to add Travelocity to its family of online travel websites

January 24, 2015

Travelocity has joined Expedia’s team of online travel brands, after being bought from technology company Sabre Corp for $280m (£186.8m). Expedia add Travelocity to a collection of travel sites that include hotel search engine Trivago, Hotels.com and Hotwire, all of which started life as independent companies before being snapped up. The company’s latest [...]

NBA and EuroLeague line up fresh talks over compromise deal

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By: Joe Hall

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