Space-tech: Billionaire Bezos’ flight to space to draw in starry-eyed investors July 21, 2021 Following Amazon boss Jeff Bezos’ 10-minute venture into space yesterday, space-tech investment may be set to rocket, space-fund boss Mark Boggett has said. Just last week Boggett’s space investment firm Seraphim Space listed on the London Stock Exchange after rallying £178.4m from starry-eyed investors in mid-July. “Branson, Musk and Bezos initially cracked open the [...]
BT takes multi-million-pound stake in US cyber firm Safe Security July 21, 2021 BT has taken a multi-million-pound stake in a US cyber firm as the telecoms giant looks to ramp up its presence in the cybersecurity sector. The FTSE 100 company will be the largest investor in a funding round in Safe Security, which specialises in cyber risk management. Headquartered in Silicon Valley, the company’s platform allows [...]
What Amazon is doing with French football rights and the clues it offers to its plans for the Premier League July 14, 2021 Amazon is yet to make its widely anticipated big move for Premier League football rights, being content so far to buy up handfuls of live games and bundle them with its Prime Video subscription. But it is a different story in France, where the e-commerce behemoth is embarking on its first season as the main [...]
BT sets sights on Elon Musk’s SpaceX after Oneweb satellite deal July 14, 2021 BT is eyeing up a deal with Elon Musk’s SpaceX as the telecoms giant looks to adopt satellite technology to roll out the UK’s next-generation broadband network. The blue-chip group has already inked an agreement with British firm Oneweb to explore how satellites could be used to beam internet services to rural areas that are [...]
Anton Ferdinand: England should be barred from hosting 2030 World Cup July 13, 2021 England’s Euro 2020 final against Italy on Sunday evening was marred by scores of ticketless fans trying to break into Wembley, while Marcus Rashford, Jadon Sancho and Bukayo Saka were subjected to racist abuse on social media. Following the debacle, Anton Ferdinand said this evening he believes England should be barred from hosting another major [...]
The Analyst: What could the future hold for Channel 4? July 10, 2021 Ian Whittaker has been a City analyst for more than two decades, and what he doesn’t know about media, advertising and the creative services industry isn’t worth knowing. Here’s his second monthly column for City A.M. The UK Government recently announced a consultation on the future of state-owned Channel 4. Theoretically all options remain but [...]
EE to remove data charges during England Euro 2020 final July 9, 2021 EE customers will be able to stream England’s Euro 2020 final clash against Italy on Sunday night for no extra cost after the mobile network said it will remove data charges. The company today said that any data used from 6pm until midnight on Sunday will be free of charge. The data freebie, which will [...]
BT avoids strike after reaching pay deal with union July 8, 2021 BT has averted its first major strike in more than three decades after reaching an agreement with the Communication and Workers Union (CWU) over pay and redundancy plans. The CWU had threatened strike action against the telecoms giant, accusing it of “putting profit before people” in its radical restructuring plan. But BT today said it [...]
Gary Lineker still BBC’s top paid star despite pay cuts July 6, 2021 Gary Lineker is still the BBC’s highest-paid star despite taking a pay cut last year as the corporation looks to slim down its hefty wage bill. The former England footballer and Match of the Day presenter earned £1.36m, the BBC’s latest annual report showed, down from £1.75m the previous year. It comes after Lineker, who [...]
Dele Alli-backed esports firm Excel raises £17m from City investors July 2, 2021 Excel, a British esports franchise endorsed by Tottenham Hotspur footballer Dele Alli, has secured millions of pounds in funding from some of the City’s biggest investors. The rapidly growing gaming organisation, which competes in the League of Legends and Fortnite divisions, today announced a £17m funding round. JRJ Group, which bought a minority stake in [...]