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By: Leah Montebello

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

All 1977 Articles
  • Crest Nicholson makes financial ‘turnaround’ with £70.9m post-tax profit up from 2020 losses

    January 19, 2022

    Crest Nicholson announced its financial turnaround this morning, with profit after tax increasing to £70.9m from a £10.7m loss after tax in 2020.

  • London’s Queen Mary students receive first lecture in the metaverse

    January 19, 2022

    A group of Queen Mary third year medical students received their first lecture in the virtual reality (VR) world this week

  • When tech giant becomes gaming giant: Microsoft buys Call of Duty maker Activision Blizzard for a record £51bn

    January 18, 2022

    Microsoft have announced that it would buy videogame publisher Activision Blizzard for $68.7bn (£51bn) in cash, making it the largest deal in the sector.

  • People management firm Lattice hits £2.2bn valuation to drive global presence

    January 18, 2022

    People management platform Lattice announced a new valuation of $3bn (£2.2bn)this evening after closing a $175m (£129m) round to ramp up its global presence.

  • New data reveals 12m European jobs could be lost to automation by 2040

    January 18, 2022

    Research firm Forrester has forecasted that 12 million jobs will be lost to automation across Europe by 2040, with 34 per cent of European jobs at risk.

  • TikTok named the most data draining app

    January 18, 2022

    New research shows that video-heavy platform TikTok used the most data compared to its social media rivals, draining a whopping 840MB per hour. 

  • Beeb boss: A commercial BBC would fail British audiences

    January 18, 2022

    A BBC funded purely by commercial means would fail to serve a universal British audience in the way it does now, its boss warned this morning, after the government questioned whether its public funding model should continue in future.

  • Darktrace signs multi-million-dollar deal with top global airline

    January 18, 2022

    Darktrace, a global leader in cyber security AI, today announced that one of the world’s largest airlines has signed a major renewal with Darktrace as it continues to use Self-Learning AI technology to defend against cyber-attacks. 

  • Marshalls ups trading expectations as it weathers the supply chain storm with revenue up 26 per cent

    January 18, 2022

    Marshalls reported this morning that its revenue was up 26 per cent from 2020 to £589m.

  • 888 wins big with record ‘double-digit revenue growth’

    January 18, 2022

    888, one of the world's leading online betting and gaming companies, has announced “another record year”, with revenue growth of 14 per cent driven by expansion in regulated markets

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