Binance look to buy out Sam Bankman-Fried’s FTX November 8, 2022 Binance chief Changpeng Zhao has sensationally announced he has agreed to buy Sam Bankman-Fried's beleaguered FTX exchange.
Ruck and maul stars: Rugby clubs bank on behind-the-scenes content to attract fans November 8, 2022 Matt Hardy on the rise of rugby clubs producing their own content as they look to attract new fans to the sport outside of the international arena. Gone are the days of sending season tickets out via carrier pigeon and releasing fixture lists through smoke signals, and here are the days of holograms, on-demand video [...]
Mass layoffs at Meta: Is Facebook’s ‘absolute monarch’ Mark Zuckerberg finally listening? November 8, 2022 Facebook-owner Meta did not do well with investors during and after the latest earnings releases. Large institutional investors concluded that founder Mark Zuckerberg is not listening to investor concerns over capital expenditure plans for next year and ballooning operating expenses. But the Wall Street Journal is writing that Meta is now planning a large layoff [...]
Brewdog’s Qatar ad backlash should be a lesson for other brands November 8, 2022 The backlash to Brewdog’s ‘anti-World Cup’ campaign is a lesson for other brands It was inevitable that a football World Cup in Qatar would eventually drag the business world into the sporting world. Sponsors of the four-yearly jamboree are being forced to confront awkward questions – and others are taking the opportunity to make hay. [...]
Raising windfall tax would be “disastrous” for Britain, says North Sea body November 7, 2022 Expanding the windfall tax would be "disastrous", warned a leading North Sea group in a letter to Chancellor Jeremy Hunt.
Britishvolt: We did not enter the EV battery market ‘in a race to the bottom’ November 7, 2022 Beleaguered battery darling Britishvolt has said that comparing the price points for Chinese and British electric vehicle (EV) batteries is like “comparing apples with pears and not a fair reflection”. The firm responded to claims made by an unnamed potential customer, quoted in The Telegraph yesterday, that its lithium-ion batteries were up to a third [...]
Qatar World Cup: BrewDog slammed for ‘disingenuous’ gesture giving profits to charity November 7, 2022 BrewDog has been slammed for launching a “disingenuous” ‘anti-sponsorship’ campaign for the Qatar World Cup, donating profits to charities but continuing to show the tournament. The brand said it would show the World Cup at its outlets but “all the profits from our Lost Lager sold during the tournament going to fight human rights abuse.” [...]
Compelling Rugby World Cup shows the women’s game is entering golden era November 7, 2022 This Rugby World Cup has set new standards for women’s rugby. Two exceptional and competitive semi-finals, which set up this weekend’s final between England and New Zealand, reflected a tournament that has proven the women’s game is a tremendous spectacle of fantastic players. Matches are compelling and fluid. Scrums and lineouts are completed quickly, there [...]
It’s time your employer started taking mental health seriously November 7, 2022 It’s been a hard few years: a global health crisis, war, and now the shock of rising inflation, price hikes and a looming recession. It is hardly any surprise that according to mental health charity Mind, one in four of us will experience a mental-health problem this year, and one in six report experiencing a [...]
The ship of the state is the only vessel that leaks right from the very top November 7, 2022 In 1947, the Labour chancellor, Hugh Dalton, let slip some details of the Budget to a reporter as he walked into the chamber to deliver his speech and he was forced to resign.