BT appoints first woman boss in 170-year history as Allison Kirkby to continue long-term fibre strategy July 31, 2023 BT has announced a successor for outgoing boss Philip Jansen, as Allison Kirkby, a former chief of Nordic telecoms giant Telia. The ailing British telecoms group appointed its first female boss in its 170 year history, who will take the reins from Jansen starting January 2024 “at the latest”. Jansen will continue to serve until [...]
Crying misogyny over Alison Rose’s downfall won’t do Labour any favours July 31, 2023 Rachel Reeves made a mistake in attributing Alison Rose's fate to misogyny. The government had a right to get involved in the Coutts saga, but Reeves was out of tune in her intervention, writes Eliot Wilson
Ed Warner: Commonwealth Games must be stripped down and redesigned July 27, 2023 Victoria’s premier Daniel Andrews expertly channelled Kath of Kath & Kim fame with his “look at moi!” presser last week when he pulled the state out of hosting the next Commonwealth Games. Behind his baleful blue eyes sat a brain programmed to local politics – and a truth about the “friendly games” that must be [...]
Sinead O’Connor dead: Irish legend dies after long mental health battle July 26, 2023 The Irish singer Sinead O’Connor has died after a long battle with her mental health. O’Connor was 56 and will be remembered most fondly for her 1990 cover of Prince’s Nothing Compares 2 U. She retired from the music industry in 2021, having released 10 studio albums, with one more to come posthumously, called No [...]
Google and Microsoft AI showdown continues July 26, 2023 After Microsoft and Google’s parent company, Alphabet, reported better-than-expected results yesterday, analysts say the race to dominate the burgeoning AI field is moving quickly. Alphabet’s robust performance saw a 3.3 per cent surge in ad revenue, as search revenue hit $42.63bn (£32.98bn), causing shares to climb six per cent on Wednesday. Despite the market applause, [...]
City A.M. muscles up for new chapter with THG deal July 26, 2023 City A.M. is set for a new chapter, under new ownership, after London-listed THG agreed to purchase the 18-year-old business newspaper today.
The Square Mile Gears Up For City Giving Day 2023! July 26, 2023 As the countdown begins for City Giving Day 2023, businesses across the Square Mile are starting to announce their plans for the annual event – from a brand-new live online auction to “knit for the community” being supported by the Lady Mayoress, Felicity Lyons. Coming into its 10th year, City Giving Day is an annual [...]
Musk’s mad superapp-etite: Why his ‘everything app’ might miss the mark July 26, 2023 Another week, another Elon Musk melodrama. In yet another episode of his theatrics, the tech-obsessed billionaire unveiled his latest surprise this week: a dramatic overhaul of Twitter and rebrand of it as ‘X’. Musk said the name ‘Twitter’ “does not make sense” after the original short-messaging ethos with a 140 character limit having been scrapped [...]
Ofgem moves to shore up energy sector risk consolidating big firms’ market power July 26, 2023 Suppliers are facing tightening financial rules from regulator Ofgem, which is desperate to avoid a repeat of the domestic energy crisis.
Google parent firm Alphabet’s profit ahead of expectations thanks to ad rebound July 26, 2023 Google owner Alphabet’s second-quarter profit exceeded expectations as it announced that long-time CFO, Ruth Porat, would assume a new role while the company sought a new finance chief. Alphabet’s results were helped by steady demand for its cloud services and a rebound in advertising. The shares jumped 8 per cent in after-hours trading. Shares of [...]