KKR turns music catalogues from the likes of Stevie Nicks and The Weeknd into bonds February 7, 2022 Investment firm KKR is set to turn a catalogue of 65,000 songs – including hits from The Weeknd, Stevie Nicks, and Childish Gambino – into bonds as it looks to sell more than $732m (£542m) of asset-backed securities supported by publishing and sound recording royalties. Late last year, KKR – via its new Chord Music [...]
Regulators are playing catch up with digital finance, EU watchdogs warn February 7, 2022 European Union banking watchdogs have warned today that regulation is playing catch up with digital finance as social media platforms and ‘Big tech’ firms increasingly move into the space.
Boris Johnson brushes away speculation of rift with Sunak February 7, 2022 Boris Johnson has moved to calm speculation that Rishi Sunak is maneuvering to unseat him, saying that he has no doubt about the chancellor’s personal loyalty. The Prime Minister also said Number 10 and the Treasury were “working together in harmony” on a visit to a Kent hospital today alongside Sunak. Johnson has launched a [...]
Crypto investment products hit by record outflows February 7, 2022 Crypto investment products have suffered record outflows at the start of 2021 as investors lost their appetite for risk.
Musk faces fresh lawsuit as 2018 tweet comes back to bite him February 7, 2022 Elon Musk faces fresh legal challenge from the US stock market watchdog as his Twitter thread continues to cause problems for the electric car giant Tesla. In 2018, Musk tweeted that he had “funding secured” to take Tesla private, sending its share price soaring. It prompted subsequently prompted a Securities and Exchange Commission (SEC) lawsuit and [...]
It’s a match: Bumble snaps up French dating app Fruitz February 7, 2022 Dating app owner Bumble has snapped up French matchmaking app Fruitz as it looks to strengthen its European footprint and challenge Tinder and Hinge owner Match Group.
The White House’s Zoom: Neat video platform opens its London office following £472m valuation February 7, 2022 Neat, the immersive video conferencing software backed by Zoom and used by the US President, has opened a new office in London, as it hits a $640m (£473m) valuation and embraces hybrid working in the UK.
White male barristers earn twice as much as female, ethnic minority colleagues February 7, 2022 White male barristers earn more than twice as much as female barristers from ethnic minority backgrounds, figures from the Bar Standards Board (BSB) show. White men working as barristers earned £238,241 in 2020, while women from ethnic minority backgrounds earned just £98,324 over the same period of time. On average, female barristers earned just more [...]
Sing 2 reivew: Illumination animation has no problem playing the hits February 7, 2022 It’s a tough time for animated movies, as families have tended to stay away from the cinema. This has resulted in the last three Pixar movies going straight to streaming, much to the chagrin of the animators if reports are to be believed. Rivals Illumination don’t seem to have had as much trouble. The wildly [...]
Bitcoin and ESG credentials are, in fact, aligned February 7, 2022 Crypto AM columnist Nigel Green argues that Bitcoin's environmental impact will, one day, be much greener than gold.
