Pupil sells verified NFTs of real homes with proptech eyeing total revenue opportunity of $70m March 19, 2022 Spatial data firm Pupil has sold what it says are the first-ever verified NFTs of real-life properties. The London based proptech has launched a new class of NFT which involves very detailed digitisations of real life properties. Speaking exclusively to CityA.M., the company confirmed it has already garnered buyers across residential and commercial real estate. [...]
Shell hopes to woo regulator with fresh plans for major North Sea gas field March 19, 2022 Shell has revived its efforts to develop a major North Sea gas field after previous attempts were shut down by regulators over environmental concerns. The fossil fuel firm has published an amended plan for the development of the Jackdaw field, at the Shearwater hub in the central North Sea. It is hoping to launch production [...]
Property boss launches £1.5bn legal claim against Lloyds over Libor hit March 19, 2022 The former Centre Point owner has tabled a £1.5bn legal claim against Lloyds Banking Group, pointing to the Libor scandal as reason for his property firm’s woes. Founder of property investment firm Targetfollow, Ardeshir Naghshineh, said he would have never taken out certain loans if he had knowledge of the Libor benchmark being manipulated fraudulently. [...]
Best of this week in our opinion pages: from the fintech world to a tax regime to sanction Putin to what social media are doing in the disinformation wars March 19, 2022 As Levelling Up Secretary Michael Gove disclosed the Homes for Ukraine scheme to host people fleeing war in Ukraine, Ajaz Ahmed wrote about the countless refugees who have reached British shores and set up incredibly successful businesses, effectively contributing to the growth of this country. Ahmed also called for businesses to step up and do [...]
Chelsea takeover battle: Broughton and Coe gain favour within government March 19, 2022 Sir Martin Broughton and Lord Coe’s takeover bid for Chelsea has received a warm welcome from within the government, it has been reported. Broughton and Coe are heading a consortium endeavouring to buy Chelsea after sanction-hit owner Roman Abramovich was forced to slash ties with the club. Treasury officials are to review the preferred bidder [...]
US court dismisses antitrust lawsuit against Amazon March 19, 2022 US court has thrown out a lawsuit against Amazon.com after the tech giant was accused of antitrust violations. The court dismissed claims relating to the website banning third-party sellers from offering better deals for their products elsewhere. Amazon’s motion to dismiss the complaint was granted by Judge Hiram Puig-Lugo of the Superior Court of the [...]
Joe Biden’s Executive Order is a step in the right direction March 18, 2022 Cabital's Raymond Hsu believes Joe Biden is listening to the voices in America crying out for a digital revolution.
Today’s crypto investors will rule the booming NFT market March 18, 2022 Nigel Green says cryptocurrencies and NFTs are shaking up the global financial architecture as they increase in dominance.
Tech Weekly: Yapily CCO on open banking’s ‘TfL moment’, and HSBC takes on the metaverse March 18, 2022 In this week’s episode Nasson, Charlie, and Lily take a look at some of the biggest stories in tech, crypto, fintech and beyond! Charlie chats to Iain McDougall, CCO of Open Banking firm Yapily, about open banking’s ‘TfL moment’, and why increasing integration is crucial. Later in the episode Charlie chats to Nasson about the [...]
Lawyers say P&O broke the law by firing 800 staff over pre-recorded video call March 18, 2022 Dubai owned ferry operator P&O could be subject to a series of successful lawsuits over its decision to fire all 800 of its UK staff via a pre-recorded video call, lawyers have said. Speaking to City A.M. Helen Crossland, employment partner at West End law firm Seddons said P&O’s decision will expose the firm to [...]
