Crypto criminals: Consumers lose more than $2m in Musk impersonation scams May 17, 2021 Crypto scammers have swindled consumers out of £1.4m in the last six months by impersonating Tesla chief Elon Musk. Scammers claiming to be Musk on social media, who is known for moving crypto markets with his thoughts on Bitcoin, Dogecoin and others, have been identified by the US Federal Trade Commission. Investment scams take on [...]
UK faces a flakeless summer as shortage of Cadbury’s 99 looms May 17, 2021 After a year of lockdowns and staying at home the British public are faced with the threat of a shortage of Cadbury 99 Flakes. Demand for soft-serve ice creams, finished with the iconic crumbling treat, is surging. “We are seeing a recent increase in demand for our Cadbury 99 Flake in the UK and Ireland [...]
Indian Covid-19 variant ‘well spread’ across London as cases surge May 17, 2021 The Indian variant is now “well-spread” in London as a rise in new cases is set to prompt further surge testing across the country. Health secretary Matt Hancock today said there were 2,323 cases of the more transmissible strain of the virus in England, with five or more cases found in 86 local authorities. Bolton [...]
Indian Covid-19 variant growing in 86 local authorities in England May 17, 2021 Five or more cases of the Indian Covid-19 variant have been found in 86 English local authorities, with Bolton and Blackburn the two worst affected areas. Health secretary Matt Hancock said today that there were 2,323 cases of the more transmissible Covid strain in England, with 483 of them in Bolton and Blackburn where it [...]
Softbank ‘mulls $300bn Spac listing’ for Vision Fund May 17, 2021 Softbank is reportedly weighing up a $300bn (£212bn) blank-cheque deal to take its tech-focused Vision Fund public. The Japanese conglomerate is said to be discussing plans to raise capital through a special purpose acquisition company (Spac) deal on the Amsterdam stock exchange later this year. It is planning to seek around €250bn from the listing, [...]
Checking out: Airbnb shares dive as insiders are allowed to sell following last year’s IPO May 17, 2021 Airbnb shares dropped by almost 6 per cent after insiders became free to sell their shares for the first time since the home rental firm’s IPO in December 2020. Today’s drop comes only days after Airbnb beat Wall Street expectations for first-quarter gross bookings and revenue on May 13, as speedy Covid-19 vaccinations and easing [...]
UK government to set up new unit to exploit ‘Brexit opportunities’ May 17, 2021 The UK government is setting up a new unit to explore “Brexit opportunities” particularly around shedding EU regulations, according to Lord David Frost. Frost, the minister for UK-EU relations, said he was helping hire a new head of the unit that will come from outside government and that it would explore things like changing financial [...]
Nine technologies imagined in SciFi that actually became a reality May 17, 2021 Some say that imagination is a form of prediction. Through deep analysis Rewired seeks to back the deep tech ventures that will unlock an artificial intelligence revolution with the backing of investors such as technologist Tej Kohli. We aim to ‘get in early’ when investing across five verticals including machine learning, robotics, bionics, sensors, mapping and [...]
London unlocks: Lord Mayor toasts return of City hospitality May 17, 2021 The Lord Mayor of the City of London undertook a whistle stop tour of the Square Mile’s reopening hospitality venues this afternoon as London began to unlock. Pubs and restaurants were both able to serve customers inside today for the first time since mid-December. Amongst the Mayor William Russell’s visits were M Restaurant on Threadneedle [...]
36m Brits have received first vaccine dose as UK records just five Covid deaths May 17, 2021 There were 1,979 new cases of coronavirus recorded on Monday 17 May, and five deaths within 28 days of a positive Covid-19 test while the number of those vaccinated against the virus continues to rise. Since vaccines started being administered in December, over 20m adults in the UK have received both doses of a Covid-19 [...]
