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By: Leah Montebello

City A.M.'s London-based telecoms, media and entertainment reporter

All 1977 Articles
  • SaaS and cloud platform essensys delivers ‘resilient’ performance in US despite UK slump

    March 1, 2022

    SaaS platform and on-demand cloud service provider essensys delivered “resilient” results this morning, with group revenue up three per cent to £10.9m. During the first half of the year, essensys added nine new customers, including a significant property company in Sweden that is expected to provide a long-term growth opportunity.  It reported good momentum for [...]

  • Mirror and Daily Star publisher on track to double digital revenue by 2024 amid inflation concerns

    March 1, 2022

    Shares in the publisher behind the Daily Mirror and Daily Star tanked as much as 25 per cent today, wiping about £180m from the company’s market value, after it warned that inflation would hit its 2022 profits hard. Despite digital revenue up over 25 per cent to £148.3m and 10m sign-ups across its titles, investors [...]

  • Telecom giants scrap roaming and international fees for fleeing Ukrainians

    February 28, 2022

    More than a dozen telecom providers have shown their support for the Ukrainian people by offering free international calls and scrapping roaming fees, according to European telecoms lobbying group. European Telecommunications Network Operators’ Association (ETNO) said an internal survey showed at least 13 of its members have taken measures to help fleeing Ukrainians after Russia’s [...]

  • Following Google’s lead: Microsoft axes Russia Today and bans state-owned media ads

    February 28, 2022

    Microsoft have stated in a blog post that it will be removing Russian state-owned media outlet RT’s mobile apps from the Windows App store, as well as cutting ads on Russian state-sponsored media. In a post, the tech giant said: “One of our principal and global responsibilities as a company is to help defend governments [...]

  • Liz Truss says ban on Russia Today risks Kremlin crackdown on the BBC

    February 28, 2022

    Foreign Secretary Liz Truss has warned that if the UK bans Russia Today then the BBC could be banned from Russia amid fears of a Kremlin crackdown. She said: “We want the Russian population to hear the truth about what Vladimir Putin is doing”. It comes after calls in the UK that the state-controlled Russian [...]

  • Nationwide customers face online banking delays for the fourth time in three months

    February 28, 2022

    Nationwide was hit with another outage this morning, with many users on social media complaining about payment and transfer delays.

  • Airbnb vows to home 100k refugees as Ukraine crisis continues

    February 28, 2022

    Airbnb announced it would offer free, temporary housing for up to 100,000 refugees fleeing Ukraine. Chief Executive Brian Officer Brian Chesky and Joe Gebbia, the chairman of the home rental company’s non-profit arm, said they have sent letters to leaders of Poland, Romania, Germany and Hungary offering help to house the refugees. Announcing the news via Twitter, [...]

  • Comparethemarket pulls ads featuring Russian meerkat amid Ukraine crisis

    February 28, 2022

    Comparethemarket has pulled its ads featuring the animated Russian meerkat Aleksandr Orlov from news bulletins following Russia’s invasion of Ukraine. The price comparison site said it had reviewed its media plan to make sure the adverts did not appear around content such as news bulletins on the Ukrainian conflict. “The Comparethemarket meerkats are fictional characters. They have [...]

  • Betfair owner Flutter ties staff bonuses to stamping out gambling addiction as industry gears up for reform

    February 28, 2022

    Betfair and Fanduel owner Flutter Entertainment has said this morning that it will tie 10 per cent of annual bonuses for its staff to initiatives aimed at helping prevent gambling addiction. The world’s largest online betting group stated that these targets were part of a package which hoped to get 75 per cent of active online customers [...]

  • Gaming titans call on greater gaming UK investment amid foreign takeovers

    February 28, 2022

    Gaming veterans Sir Ian Livingstone and David Braben have called on the UK to ramp up its investment in the gaming industry following a sweep of foreign snap-ups.  Livingstone, who was behind Tomb Raider’s Lara Croft, told the Financial Times in an interview:  “You’ve seen how many companies have just sold out earlier than they [...]

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