BT Openreach boss Joe Garner steps down to move to Nationwide November 16, 2015 The chief executive of BT Openreach has handed in his notice, after he was offered a job leading high street lender Nationwide. It's not exactly classic timing: BT's local access network division is currently at the centre of a competition row. In a statement today, BT said Joe Garner will step down in the spring of 2016, [...]
London’s Silicon Roundabout is losing its appeal – UHY Hacker Young November 16, 2015 Sky-high rents are beginning to dampen the enthusiasm of would-be tech entrepreneurs looking to set up shop in London’s Silicon Roundabout. The number of start-ups established near the Old Street Roundabout dropped to 10,280 in the 12 months to March, down roughly a third compared with the 12 months to March 2014. The research published [...]
Paris attacks: France in air strikes against IS stronghold Raqqa in Syria November 15, 2015 France is conducting air strikes against Raqqa, as both France and the US vow to step up their efforts against the Islamic state (IS) in response to Friday’s terrorist attacks in Paris. Ten French fighter jets were deployed on Sunday evening, dropping a total of 20 bombs on the IS-held Syrian city. According to the [...]
Josh Harris: What can Crystal Palace fans expect from the next American billionaire to invest in the Premier League? November 13, 2015 Crystal Palace look set to be the next Premier League club to welcome foreign investment, with American private equity tycoons Josh Harris and David Blitzer on the cusp of buying an 18 per cent stake each in the Croydon club. The pair co-own National Hockey League franchise the New Jersey Devils, while Harris' interest in sport [...]
Indian Prime Minister Narendra Modi is in the UK – it’s time to bring his students here, too November 12, 2015 To London’s crown as a global leader in finance and innovation, it appears we can add a further jewel. As anybody meandering around central London today can attest, we leave the rest of the world standing when it comes to welcoming foreign dignitaries. Other countries may have rolled out the red carpet for the visit [...]
Cyber attacks rise for EE following TalkTalk hack November 12, 2015 Mobile operator EE has had to fend off an increased number of cyber attacks since TalkTalk revealed it had 15,000 customers financial details stolen. EE chief executive Olaf Swantee told City A.M.: Since the TalkTalk breach we have seen heightened activity from criminals and people who want to access our system. “We have successfully prevented [...]
Telco giants Vodafone, Sky, TalkTalk, Virgin and BT reignite broadband battle November 11, 2015 The war of words between the UK’s biggest telecoms giants reached new heights yesterday, as the clock ticks down on Ofcom’s probe into the broadband market and decision on whether to carve out Openreach from BT. With Ofcom due to reveal its verdict in January, Vodafone’s boss accused BT of trying to “re-monopolise” the sector, prompting [...]
BT’s broadband network dominance is bad for customers, innovation and the country November 10, 2015 The frustrations with Openreach expressed by Vodafone chief executive Vittorio Colao yesterday are shared by millions of customers and businesses as well as Sky. The current structure where one provider, BT, has complete ownership of the national broadband network has led to unacceptable levels of service, reduced competition, and a poverty of ambition in terms [...]
Why the future of the BBC’s sports coverage is made even more uncertain now Sky has renewed its Premier League highlights deal November 10, 2015 Last week Sky announced that it will be making Premier League highlights available on demand next season, after renewing its rights to "near-live highlights", the value of traditional highlights programmes, in particular, the BBC’s flagship football show, Match of the Day, into question and again leads to serious discussions about the future of sport on [...]
Game of Drones: remote controlled, hovering robot minions are cheaper than ever November 10, 2015 Drones! They’re not just for extrajudicial killings any more. On the contrary, the latest flock of these floating, flying hoverbots has recently hit the affordable mainstream, allowing pretty much anybody to flood the sky with their own personal army of whirring plastic tyrants. To give them their proper – and slightly less terrifying – name, [...]