Owning it: Why triathlon’s new PTO Tour is giving equity to athletes like Alistair Brownlee July 20, 2022 Athletes including Britain’s Alistair Brownlee taking part in this weekend’s Canadian Open, the first event proper on triathlon’s new PTO Tour, will have an extra incentive to perform. Because as well as earning prize money they are also part-owners of the body running the tour, the Professional Triathletes Organisation (PTO). It means they stand to [...]
Tax and spend? We can’t save public services without a unified tech policy July 20, 2022 There are numerous ways in which to judge a potential leadership candidate. Their sheer electoral appeal, their reputation within the party, their communication style and authenticity, their experience, or their policy agendas. Or often all of the above. In regards to the latter, the candidates are unsurprisingly fixated on the same old conventional arguments about [...]
Netflix confirms new account sharing charges as all eyes fall on quarterly results and subscriber numbers July 19, 2022 Netflix confirmed reports that it will charge users extra if they use accounts at multiple locations as the firm cracks down on password sharing.
Amazon files lawsuit against 10,000 Facebook groups as battle with fake reviews continues July 19, 2022 Amazon has filed a lawsuit against more than 10,000 Facebook groups this morning in an attempt to crack down on fake reviews.
Virgin Money to give out £1,000 bonuses to help staff deal with cost-of-living crunch July 19, 2022 Virgin Money today told staff it will be giving out £1,000 bonuses to all workers on salaries of less than £50,000 a year to help them deal with the UK’s cost-of-living crisis. In an internal memo seen by City A.M., Virgin Money chief executive David Duffy told staff earning less than £50,000 that they will [...]
Streaming subscriptions continue to dwindle as Brits feel the pinch July 18, 2022 The downward spiral for streaming continues this quarter as more and more Brits cancel their subscriptions.
Letters: Going down with the ship July 18, 2022 [Re: Another one gone in Tory PM contest, July 15] It seems to me that choosing the next Tory leader could hardly be simpler. Johnson’s demise came about because he lied, lied and lied again. If you want honesty and reliability it’s logical to dismiss as unsuitable for leadership those who, pretty much daily, toured [...]
Binance’s Yi He: “My talent has always been trying to challenge myself” July 15, 2022 In a rare interview, Crypto AM meets Yi He - the Binance co-founder who likes to keep out of the spotlight but wants to push CEO CZ to be more public.
Burberry feels the pinch of China’s lockdowns as market sales increase only one per cent July 15, 2022 Burberry has felt the pinch of China’s Covid lockdowns, as store sales in it biggest market increased only 1 per cent in the three months ended 2 July. Nevertheless, the fashion powerhouse reported a 16 per cent increase in overall sales – with the European, Middle Eastern and African (EMEIA) market performing particularly well. Store [...]
Revolut hits 20 million users as app toasts seventh anniversary July 15, 2022 Financial app Revolut has just surpassed 20 million retail customers worldwide, and is now processing 250 million transactions a month.