Explainer: Why has the UK intervened in Nvidia’s $40bn Arm merger? April 20, 2021 Ever since it was announced in September last year, Nvidia’s proposed $40bn (£30bn) takeover of British chipmaker Arm has proved controversial. Critics including rival tech firms and former Arm executives were quick to hit out at the deal, warning of a negative impact for Britain and the semiconductor industry more widely. Yesterday the government made [...]
WeWork to accept crypto payments April 20, 2021 Shared office space provider WeWork has announced it will be accepting cryptocurrency payments from clients.
Government launches review into Football Index collapse April 20, 2021 The government today said it will launch a review into Football Index, the football trading platform that collapsed last month. The website, which allowed users to trade ‘shares’ in high-profile footballers, suffered a crash after a sudden reduction in dividend payments. Some users lost thousands of pounds as a result. Football Index went into administration [...]
Hong Kong Racing Tips: Spicy could be So Good at Happy Valley April 20, 2021 LOCAL bettors will be whetting their lips with anticipation when they see the combination of Danny Shum and Zac Purton represented by SPICY SO GOOD in the Pedder Handicap (2:45pm) over five furlongs. Shum and Purton have been one of the dominant partnerships this season with a 25 per cent win strike-rate, one of the [...]
Hong Kong Racing Tips: Capital to Star for Caspar Fownes April 20, 2021 TRAINER Caspar Fownes will surely be praying to the gods of fortune for a change of luck before he arrives at Happy Valley today. The former champion trainer hasn’t had a winner since he saddled Sky Darci to victory in the Hong Kong Derby on March 21st. A losing sequence of 55 may look bad [...]
Clearbanc rebrands to Clearco and raises $100m Series C round April 20, 2021 Ecommerce investor Clearbanc has today announced a rebrand and $100m in new equity funding, bringing the company’s valuation to almost $2bn. The alternative capital platform, founded by Canadian Dragons Den star Michele Romanow, will rebrand to Clearco. “The move from Clearbanc to Clearco really signals our move beyond capital,” Romanow said. “Our goal is to [...]
We need to keep a level head when we talk about new Covid variants April 20, 2021 Viruses mutate. Since Covid-19 first emerged, it has mutated thousands and thousands of times. Some of these changes are more concerning than others, but there must be a level-headed approach to this without a near-constant headline-grabbing hyperbole sowing fear every time a new variant emerges. Much of the recent coverage has been wildly unhelpful and [...]
Hong Kong Racing Tips: Lor Ready with Savvy chances at the Valley April 20, 2021 BANK on high-flying Frankie Lor to close the gap on current trainers’ championship leader John Size when racing resumes at Happy Valley in Hong Kong on Wednesday. The 55-year-old trainer, in only his fourth season, is currently one away from his half century of winners for the campaign and is trailing Size by a fast-diminishing [...]
Guardiola joins Klopp in criticising plans for Super League April 20, 2021 Manchester City boss Pep Guardiola has criticised plans for a European Super League this afternoon, joining a growing wave of criticism from the highest tiers of football. Guardiola’s City are one of 12 clubs confirmed to be a part of the new ‘closed shop’ Super League. But the Spaniard this afternoon said “sport is not [...]
M&G reopens property fund after flogging retail assets April 20, 2021 M&G has reopened its property portfolio after flogging its retail assets more than a year after it froze dealing in the fund amid a surge in investor withdrawal requests. The asset management giant said today it will unfreeze the funds for dealing from 10 May. It suspended the property portfolio in December 2019 amid a [...]
