For the continued growth of esports, local and accessible venues are key March 9, 2021 In the summer of 2020, a monumental deal for the wider esports space was announced, and whilst it made some noise in financial, esports and gaming circles, it went by largely without much fanfare. The acquisition of Belong by GAME by esports infrastructure company Vindex, and the associated news that the US-based firm plans to [...]
Technology on stage: How becoming bionic will boost my acting career March 9, 2021 We are often told how brand-new technology is changing humanity, but we rarely hear enough about how it is impacting individual humans. In December 2020 I joined a unique club of individuals who have been fitted with a 3D-printed bionic arm. The robotic arm is designed and manufactured by Bristol-based Open Bionics and mine was [...]
Small businesses must be equipped with cyber security training or we could lose post-Covid innovation March 9, 2021 The pandemic has changed many things about the way our economy operates. While some of these changes may be passing, others will no doubt stick. A successful recovery will take the best of both, recognising the way the economy is, and the way we want it to be – not how it was. One positive [...]
Goldman-backed broadband firm Cityfibre plots major stake sale March 8, 2021 Challenger broadband firm Cityfibre is preparing the sale of a major stake to a new investor in a deal said to be worth hundreds of millions of pounds The London-based company has tapped bankers at UBS and Rothschild to identify a third backer, Sky News reported. The buyer would join the two existing investors West [...]
Horse racing must embrace innovation to build a prosperous future – and this is the perfect time to start March 8, 2021 British horse racing is facing financial challenges and, as with many sports, has suffered a heavy toll during the pandemic. As the country’s second biggest spectator sport, the exclusion of racegoers has cost around £300m, the British Horseracing Authority (BHA) estimates. A review of the Betting Levy is seen as one way of addressing Covid-19-induced [...]
Financial Services Bill: Time to act March 8, 2021 Crypto AM Parliamentary Special, with Lord Holmes of Richmond MBE who calls for action on the Financial Services Bill.
The Week Ahead: ITV, Rolls Royce, Morrison, ECB and UK GDP data March 8, 2021 It’s Monday morning. City A.M. looks ahead at what this week has in store. China Trade for February This morning – The Chinese economy finished 2020 on a strong note, its surplus hitting a record high in December. Exports rose by 18.1 per cent, slightly down from November’s 21.1 per cent but still better than expected, [...]
Pearson maintains dividend as it unveils plans to slash office space March 8, 2021 Education giant Pearson today said it will maintain its dividend for the full year as the firm unveiled plans to “significantly” reduce its office space. The publisher proposed a final dividend of 13.5p, bringing its full-year payout to 19.5p — in line with 2019. It came as Pearson announced plans to slim down its property [...]
John McAfee hits back at cryptocurrency fraud charges March 6, 2021 Computing legend John McAfee has hit back at US prosecutors who early today formally charged him with cryptocurrency fraud.
John McAfee charged with cryptocurrency fraud March 6, 2021 Infamous computer programmer John McAfee – currently incarcerated in a Spanish jail – has been officially charged with cryptocurrency fraud by US authorities.