Lord Rothermere raises final offer in Daily Mail privatisation push December 2, 2021 Lord Rothermere has upped his offer to shareholders as he seeks to privatise the Daily Mail Group Trust (DMGT).
Puerto Rican rapper Bad Bunny named Spotify’s most-streamed artist globally, beating the likes of Taylor Swift and Drake December 1, 2021 Spotify has today unveiled its annual 2021 Wrapped campaign and personalised user experience for more than 381 million users worldwide, unveiling the top artists, albums, songs, playlists and podcasts. With more than 9.1 billion streams this year on Spotify, Puerto Rican rapper Bad Bunny is the most-streamed artist of 2021. The second most-streamed artist – and most streamed female artist of the year [...]
Twitter lining up Ethereum payments December 1, 2021 Twitter appears to be introducing Ethereum payments alongside its Bitcoin tipping feature.
The long view: Cathie Wood’s ARK nabs 1m Twitter shares as Dorsey steps down December 1, 2021 Cathie Wood, the well-known U.S. investor and founder of ARK Investment Management, loaded up on 1m Twitter shares on Tuesday as the social media giant’s stocks hit a 12-month low in the wake of founder Jack Dorsey’s decision to step down as CEO. AEK Investment Management, which already has one of the biggest shareholdings in [...]
LadBible heads for £360m London float December 1, 2021 The millenial and Gen Z digital publisher Ladbible is targeting a valuation of £360m in one of the London stock market’s biggest media industry flotations, according to reports this morning. It is understood that co-founder Solly Solomou is to sell a chunk of his stake, which will be valued at around £200m if an initial [...]
Why brand Manchester United keeps them hooked November 30, 2021 Around this time of year, Christmas comes early for many football fans with the release of the immersive fantasy world that is Football Manager. Will this be the year I take Newport County from League Two to Champions League glory? Let’s spend 250 hours over the next 12 months finding out. In this year’s game [...]
Sadiq Khan admits entire Tube line may close if government doesn’t stump up emergency TfL cash November 30, 2021 Sadiq Khan has confirmed he may have to close an entire Tube line if the government does not quickly come up with a financial settlement for cash-strapped Transport for London (TfL). Khan today said any one of London’s 11 Tube lines could potentially be closed as tensions continue to flare between City Hall and Whitehall [...]
Debate intensifies around the ‘morality’ of the National Lottery as a new licence decision looms November 30, 2021 The Digital, Culture, Media and Sport Committee interrogated the National Lottery this morning amidst criticism that the current operators, Camelot UK, have increased profits at a faster rate than funding for good causes.
UK competition watchdog directs Facebook to sell Giphy November 30, 2021 The Competition and Markets Authority (CMA) has today concluded that Facebook’s acquisition of Giphy would reduce competition between social media platforms and that the deal has already removed Giphy as a potential challenger in the display advertising market.
Blessing in disguise: Omicron variant may be ‘very positive’ news for the world if new Covid mutation kills off more lethal Delta coronavirus November 30, 2021 Hospitals and GPs across Southern Africa are increasingly reporting that the symptoms of the aggressive new Covid strain Omicron are “unusual but very mild,” according to various media in South Africa this weekend. Around 90 per cent of all new infections in the Johannesburg region are now caused by the Omicron strain but, so far, [...]