WPP swings from £2.2bn loss with ‘fastest organic growth for over 20 years’ February 24, 2022 WPP has swung from the eyewatering £2.2bn loss it swallowed in 2020, pulling in £1.2bn in profit last year. In what CEO Mark Read has hailed as WPP’s “fastest organic growth for over 20 years”, the technology, media and communications heavyweight has returned more than £1bn to shareholders, it said in its preliminary results today. [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 24, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Howard Kennedy London law firm Howard Kennedy has bolstered its contentious trusts and estates team with a new partner. Strengthening the firm’s private wealth offering, Monika Byrska joins from Thomson Snell & Passmore where she was a [...]
Britain’s richest man foots bill as Dazn faces $1.3bn in losses February 23, 2022 Sir Leonard Blavatnik is patching losses for sports streaming company Dazn which hase reported a $1.3bn shortfall for 2020.
Three companies that are hiring this Spring February 23, 2022 Are you thinking about getting a new job, but you’re not entirely sure where to start? We know how daunting it can be, which is why we’re here to help as much as possible. If you’re on the hunt, then this is certainly a good place to start. We’ve hand selected three really great companies [...]
Crypto markets push higher despite uncertainty over Russia sanctions February 23, 2022 The crypto markets are looking buoyant this morning, after a difficult start to the week that saw the Bitcoin price dip as low as $36k.
Darktrace snaps up Dutch Cybersprint to drive preventative cyber attack approach February 23, 2022 Tech darling Darktrace announced that it has snapped up Cybersprint, an attack surface management company that provides continuous, real-time insights from an outside-in perspective to eliminate blind spots and detect risks, for €47.5m (£39.6m), valuing the transaction 12.5 times Cybersprint’s annual recurring revenue.
Britain’s life sciences industry is on the cusp of revolution if it can rebuild faith in data February 23, 2022 Across life sciences, the need to develop treatments and vaccines for Covid-19 has been driving collaboration – bringing private, public and third sectors together. In Rishi Sunak’s spending review last year, he pledged to grow the UK public sector investment in research and development from £14.8bn to £22bn. To compete internationally, by 2024 the UK [...]
Robots and AI’s not allowed to copyright artworks, US Copyright Office says February 22, 2022 The US Copyright Office (USCO) has said Artificial Intelligences (AI’s) should not be allowed to patent their own work, after ruling that copyright claims can only be registered on work containing elements of human authorship. The Copyright Office ruled that artificial intelligences (AI’s) should not be allowed to secure copyright on any content they [...]
Bitcoin sinks lower as Putin orders Russian troops to enter Ukraine February 22, 2022 Any hopes of a quick resolution to tensions on the Ukraine border were dashed last night, with Russian president Vladimir Putin ordering his military to enter eastern Ukraine.
Bitcoin dips as crypto markets spooked by threat of war February 21, 2022 The crypto markets took a tumble over the weekend, with investors continuing to look jittery about the situation on the Ukraine border.