Social Media Victims Law Center Lawsuit Alleges Meta Prioritized Engagement Over Child Safety in Instagram Sextortion Deaths December 17, 2025 Court filings reveal Meta executives knew as early as 2019 that Instagram’s features exposed children to predators but refused to implement safety measures that could have prevented deaths
Exclusive: SailGP to target teams in India and South Korea December 17, 2025 SailGP will target teams in India and the Middle East and races in Hong Kong and Italy as the Formula 1 of sailing breaks the $200m revenue mark. Record attendances, including 20,000 at the UK leg, have driven record revenues in SailGP’s fifth season, with founder tech tycoon Larry Ellison able to scale back funding [...]
Jeremy Clarkson rakes in millions from Hawkstone brewery December 17, 2025 Profit at Jeremy Clarkson’s brewery Hawkstone has surged during its latest financial year after its sales almost tripled, it has been revealed. New accounts for the business behind the Cotswolds brewery show the firm’s total equity jumped from £432,512 to just over £3m in the year to 31 March, 2025. Total equity is the overall [...]
Gambit Cyber Raises $3.4M Seed Round Led by Expeditions, with Participation of Bitdefender Voyager Ventures, to Scale Agentic AI-Driven and Risk Centric Continuous Threat Exposure Management December 17, 2025 Gambit Cyber, an emerging leader in AI-native preemptive cybersecurity, today announced the successful close of its US$ 3.4 million seed funding round, led by Expeditions, the leading early-stage investor in European security, with participation of Bitdefender Voyager Ventures, the early-stage investment arm of global cybersecurity leader Bitdefender, backing startups in cybersecurity, automation, and data-driven technologies. [...]
London house prices slump following Budget chaos December 17, 2025 London house prices have fallen by more than two per cent year on year, as Budget chaos took its toll on a volatile housing market. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). Property experts said this [...]
Rugby league woes as Oldham RLFC faces winding-up by HMRC December 17, 2025 Oldham RLFC, a club in rugby league’s Championship, was hit with formal legal action by the British tax authority this week, City AM can reveal. In the High Court system, HMRC filed a winding-up petition against Oldham Rugby League Football Club 1876 (Oldham RLFC) on Tuesday. A winding-up petition is a formal notice by a [...]
Stella McCartney: Losses widen as sales hit 15-year low December 17, 2025 Losses widened at Stella McCartney’s fashion brand in the year the designer bought LVMH out of its stake as its sales fell to their lowest level since 2009, it has been revealed. New accounts filed with Companies House show that the firm’s pre-tax loss went from £25m in 2023 to £33.5m in 2024. Stella McCartney [...]
Paddy Power Betfair to pay £2m after failing to protect users December 17, 2025 Paddy Power Betfair is set to pay £2m to the gambling watchdog as part of a regulatory settlement after failing to protect users who showed concerning betting behaviours. The Gambling Commission said a compliance assessment last year revealed lapses in social responsibility from Paddy Power falling short of requirements. PPB Entertainment, PPB Counterparty Services, Betfair [...]
FTSE 100 Live: Inflation eases more than expected ahead of rate decision December 17, 2025 Good morning and welcome back to the City AM liveblog. We’ve had the latest inflation data this morning, which has shown the consumer price index (CPI) rose by 3.2 per cent in the 12 months to November 2025. This eased from 3.6 per cent in October 2025. It also beats figures pencilled in by economists, [...]
Manchester City v Premier League battle set to drag on beyond season December 17, 2025 Manchester City will face another lengthy wait to discover their punishment if they are found guilty of breaching the Premier League’s financial rules, as the much-anticipated verdict of the independent commission will be delivered in stages. The initial judgement of the commission, which finished hearing the case 13 months ago, will only deal with matters [...]