WeWork Southbank space enters the market for almost £1bn February 9, 2022 One of the office sites leased to WeWork is being put on sale for nearly £1bn, which would be among the largest in London since the pandemic. One and Two Southbank Place is being put on the market by developer Almacantar for £935m, it was first reported by the Financial Times. The campus is being [...]
Trials and tribulations: SpaceX loses majority of satellites one day post-launch February 9, 2022 SpaceX is expected to lose up to 40 satellites, due to a geomagnetic storm in space that hit just one day after they launched. After sending off 49 Starlink satellites on Thursday via its Falcon 9, Elon Musk’s space venture has confirmed that it will suffer a major loss as a result of the storm [...]
Fitzrovia: We focus on a London area that’s like the West End but cooler February 9, 2022 Although the central London district of Fitzrovia has no formal boundaries (it is part of both the London boroughs of Camden and Westminster), it is generally agreed that it sits between Euston Road to the north and Oxford Street to the south. “Today, Fitzrovia is popular with the more discerning London buyer who is looking [...]
Ofcom opens up to telecom mergers as UK innovation risks falling behind February 9, 2022 Ofcom has revealed that it may be increasingly open-minded to mergers as the telecoms landscape continues to evolve and consumers look for better connectivity.
Tech leaders push for UK listings overhaul as Arm heads toward New York float February 9, 2022 Tech leaders have called on government to ramp up efforts to overhaul listings rules after the owner of British chipmaker Arm indicated it would shun the London Stock Exchange in favour of a New York listing.
Crocodile of Wall Street: Amateur rapper accused in $4.5bn Bitfinex hack February 9, 2022 Heather Morgan, one half of the couple arrested in connection with the theft of $4.5bn worth of Bitcoin, has a bizarre online presence.
Ancient culture leapfrogging to first nation people’s self-sovereign identity February 9, 2022 Dr Jane Thomason discusses how first nations people have been quietly working to use blockchain to create a self-sovereign digital identity
Bank of England chief wonk backs ‘steady handed’ approach to rate hikes February 9, 2022 The chief wonk at the Bank of England today backed a “steady handed” approach to rate hikes despite a projected more than seven per cent inflation peak. Huw Pill, the Bank’s chief economist and successor to Andy Haldane, said the Bank needs to hold fire on pursuing an “activist” approach to tightening monetary policy. Pill’s [...]
Consumer price cap: Is the safety net fit for purpose? February 9, 2022 Ofgem remain committed to the price cap, but how much of a role has it played in the ensuing energy crisis?
Spotify content chief calls Joe Rogan backlash a ‘real learning experience’ February 9, 2022 Spotify’s chief content officer Dawn Ostroff told advertisers at a New York conference today that the Joe Rogan backlash had been a “real learning experience” for the company. “We do feel that we have a responsibility to support creator expression, but also balance that creator expression with safety for our users and for our advertisers,” [...]