The rise of digital tech innovation will drive sports revenue boom, report states January 15, 2019 The global sports industry is on the brink of “unprecedented commercial growth” as digital technology innovation kicks in, according to a new report. Broadcasters, rights holders and sports organisations are set to see a huge boost in revenues thanks to the rise of new tech such as streaming platforms, esports and virtual reality (VR), a [...]
US legal business Elevate acquires UK new law company Halebury as it targets London float January 8, 2019 US legal business Elevate has today announced it has acquired UK new law business Halebury as it continues expansion ahead of a possible London float. Elevate, which has been backed by Morgan Stanley Expansion Capital, brands itself as a “law company” and provides services to in-house legal departments at companies such as Oracle and Facebook. [...]
BT to shake up executive pay amid shareholder revolt over boss’s bonus December 18, 2018 BT today said it will rethink its executive pay strategy after shareholders fought back at the outgoing chief executive’s £2.3m pay packet. The embattled telecoms group said it was “disappointed” at the results of a vote on its annual remuneration report, which saw 34 per cent of shareholders vote against the proposed pay. Much of [...]
Huawei cements 5G sector takeover, hours after fresh warning from cyber watchdog December 18, 2018 China's Huawei has claimed to hold the largest amount of 5G commercial contracts in the world, just hours after a cyber security watchdog joined the chorus of warnings that its technology could pose a security risk. The telecoms equipment firm said it had secured more than 25 commercial contracts for 5G, rising from the 22 it declared [...]
Huawei Matebook X Pro review: The Chinese tech giant’s laptop is a true MacBook Pro rival December 13, 2018 Huawei has been in the headlines for all the wrong reasons lately. The news comes at a time when the Chinese phone giant is only just beginning to drum up some real brand recognition in Western markets. In a few short years critics have stopped making jokes about how difficult it is to pronounce the company’s name [...]
Winning formula: Electric series Formula E continues to evolve at a rapid rate and defy the constraints of traditional motorsport December 13, 2018 Formula E set out four years ago with the goal of revolutionising racing and pioneering a transition to electric vehicles. As it prepares for its fifth season, which starts on Sunday in Saudi Arabia, the series has continued to evolve at a rapid rate and defy the constraints of traditional motorsport. This year the series [...]
O2 restores 3G and 4G services after Ericsson software issue led to day-long data outage for 32m customers December 7, 2018 O2's network has been fully restored after a data outage affecting up to 32m customers lasted the entirety of Thursday. Problems were first reported at around 5.30am yesterday, with O2 customers saying they could not use 3G or 4G data. The error also took down Giffgaff, Sky's mobile services, Lycamobile and Tesco Mobile, which all rely on [...]
Asian stocks rocked by arrest of senior Huawei executive in Canada December 6, 2018 Asian stocks were hit had this morning by news of the arrest of the daughter of the founder of Chinese tech firm Huawei in Canada. Meng Wanzhou, who is also Huawei’s chief financial officer, was arrested in Canada on 1 December and faces extradition to the US. She was arrested in connection with the violation [...]
BT blocks Huawei hardware from use in 5G network amid global security concerns December 5, 2018 BT has barred Huawei’s equipment from being used in its core 5G mobile network when it goes online in the UK, the company has confirmed, amid security concerns. The British company also confirmed it is removing Huawei’s hardware from use in its existing 3G and 4G networks, first revealed by the Financial Times this morning. BT bought [...]
BT considers options after court defeat on pensions increases December 4, 2018 Judges today told BT it cannot change the way it calculates pensions increases for 80,000 current and past employees. The telecoms provider, which links increases to the retail prices index (RPI), was hoping for permission to start using a different measure. BT, which has one of the biggest pension schemes in the UK, argued that the [...]