Broadcom’s $69bn VMware deal wins provisional UK clearance July 19, 2023 Britain’s competition regulator provisionally cleared U.S. tech company Broadcom’s $69bn purchase of VMware on Wednesday, saying the deal would not weaken competition in the supply of critical computer server products. The Competition and Markets Authority’s (CMA) provisional approval of the takeover – Broadcom’s biggest ever – follows a go-ahead from European Union regulators last week [...]
Warner Music signs deal with Tiktok to ‘harness’ its viral social media power July 19, 2023 Warner Music Group has inked a multi-year licensing deal with Tiktok to help drive up its revenues and increase marketing opportunities. While specific financial details remain undisclosed, Warner said the venture aims to “harness” the viral media power of the short-video app to bolster revenues and marketing opportunities. Both companies have dubbed the new partnership, [...]
Audioboom hopes new ad strategy will power recovery as it reports net loss July 19, 2023 Podcasting platform Audioboom today posted a net loss of $1.8m (£1.4m) for the first half of the year, but said that its new advertising strategy would see the firm “emerge from the economic downturn in a position of strength”. Revenue for the first half of the year came in at $31.8m (£24.6m), down from $40.9m [...]
New life sciences tower signals Canary Wharf gamechanger July 19, 2023 A new 23-storey life sciences tower will be erected in Canary Wharf, after planning permission for the building was approved this morning. The 823,000 sq ft tower, which is located adjacent to the Crossrail Station and Elizabeth Line at Canary Wharf, London, will be Europe’s largest and most “technologically advanced” life sciences facility. The life sciences [...]
MI6 chief calls for Russians to spy for UK July 19, 2023 The head of MI6 has urged Russians angry at Vladimir Putin’s war in Ukraine to spy for the UK. Sir Richard Moore told them “our door is always open” and “we will work to bring the bloodshed to an end”. He said that while artificial intelligence (AI) is being used to help target the Kremlin’s [...]
Farage claims documents show Coutts closed his accounts for political reasons July 19, 2023 Former Brexit Party leader Nigel Farage said he has obtained documents that show his accounts with the private bank Coutts, a unit of taxpayer-backed bank Natwest were being closed primarily for political reasons. In a video posted on Twitter on Tuesday, Farage said he received a 40-page document from Coutts after filing a “subject access [...]
Bitcoin and Ethereum move sideways as Ripple’s XRP continues its upward surge July 19, 2023 Bitcoin and Ethereum are hovering in the green after recovering from a slight downturn early this morning as BTC tested the $30k mark.
Sunak set to delay decision on UK rejoining Horizon July 19, 2023 Rishi Sunak is expected to delay making a decision on whether the UK should rejoin the EU’s Horizon science funding programme until after the summer break, it has been reported. The prime minister will not announce whether British researchers will have access to the €95.5bn programme until the autumn,the Financial Times (FT) reported. A government [...]
UK car insurance costs jump 40 per cent hitting all-time high July 19, 2023 The cost of car insurance has risen to an “all-time high” with motorists shelling out a record 40 per cent more for insurance premiums than last year, new data reveals. On average, UK drivers are now paying £776 to insure their cars, up from £222 one year ago, according to Confused.com and Willis Tower Watson’s [...]
Susan Hall selected as Conservative mayoral candidate July 19, 2023 Susan Hall has been selected as the Conservative London mayoral candidate. Hall, a former City Hall Tory group leader, will take on incumbent mayor Sadiq Khan, who is pursuing a record third term, in the election next year. She secured 57 per cent of the vote, beating rival candidate Moz Hossain, on 43 per cent, [...]
