Can we really afford the metaverse? October 11, 2022 Pete Hill of Cudo Ventures suggests the industry is going to have to think differently to make metaverses less energy-hungry.
Fine wine investors toast Kwarteng as sterling crash boosts market October 11, 2022 Fine wine investors have been toasting the tumbling pound in the past weeks as they capitalise on depressed sterling prices to snap up premium tipples at cut-prices.
Virgin Media O2 slashes social tariff broadband price for struggling Brits October 11, 2022 Virgin Media O2 has slashed the price of its social tariff as the telecom giant follows calls to support the hardest hit by macroeconomic headwinds. The price of the basic band, which is specifically targeted at those receiving Universal Credit, will drop by 16 per cent to £12.50 per month for all new and existing customers, making [...]
Kraken traffic in decline, in line with the market October 11, 2022 David F Carr of Similarweb takes a look under the hood of crypto exchange Kraken to see why its engine is misfiring.
Redundancies dip by a third but gloomy outlook may mean rise is ‘inevitable’ October 11, 2022 The number of redundancies in the UK has defied doomsayer’ predictions and dropped a third in the last quarter, but a gloomy outlook means a rise is expected in the near future. Employment law firm GQIlitter reported there has been a 32 per cent drop in workers being let go, falling fro 53,000 to 36,000. [...]
Mirror publisher Reach faced ad ‘blackout’ following Queen’s death despite sales uplift October 11, 2022 Daily Mirror and Daily Express publisher Reach said it faced a temporary advertising “blackout” following the death of Queen Elizabeth II, despite an uplift of newspapers sold. In a trading update, the company posted a 8.1 per cent digital revenue decline in September as a result of the “industry wide reduction” in advertising spend following [...]
Adam Norris: A driving force for the good of the planet October 11, 2022 Adam Norris talks to City AM about his remarkable life, a burning passion for making a difference, and being the father of a Formula 1 star.
Number 10: BoE announcement will bring bond-buying scheme to ‘orderly end’ October 11, 2022 The Bank of England’s decision to extend its emergency bond-buying scheme today will bring the programme to an “orderly end”, according to Liz Truss’ official spokesperson. The Number 10 official told journalists today that today’s announcement was “in line with” the Bank’s “financial stability objective”. The central bank announced this morning it would purchase an [...]
Thinking ahead so that Web2’s legacy won’t be a gaming graveyard October 11, 2022 Crypto AM meets Jon Hook and Hugo Furneaux from PlayEmber as they carefully navigate the switch from Web2 to Web3.
London Labour MP Sam Tarry questions ‘integrity’ of deselection vote October 11, 2022 London Labour MP Sam Tarry has questioned the “integrity” of the vote to deselect him in his constituency and is reportedly considering challenging the process. Tarry, MP for Ilford South and boyfriend of Labour deputy leader Angela Rayner, today said he was “extremely concerned about the result” and is asking the party to share extensive [...]
