Frontier Developments shares jump as it unveils new video game launches August 28, 2020 Shares in Frontier Developments jumped this morning after the video game publisher said a string of new titles will help boost full-year revenue. The Aim-listed firm reported a “strong close” to the financial year, adding that sales across its portfolio of games had hit targets so far in the 2021 fiscal year. The Cambridge-based gaming [...]
Defi – The industry is moving at the speed of light. Can you keep up? August 28, 2020 If you are from traditional finance and look at what is going on in the DeFi space, it would be similar to watching a Formula 1 race, where Uniswap would be the leading driver of the decentralized exchange (DEXs) team. Uniswap came out of the closet in May, and exploded onto the scene in July [...]
A no-deal Brexit could cause the UK’s digital sector to shrink August 28, 2020 The EU’s trade negotiator Michel Barnier recently said that a post-Brexit deal seemed unlikely. This supports our view at Securys that the Brexit transition period will close without an adequacy agreement, bringing an end to the unrestricted flow of data between the UK and the European Economic Area (EEA). Buried in a weekend article came [...]
Apple’s new iOS will be good for consumers but a headache for advertisers August 28, 2020 In weeks to come, Apple will update all its platforms to iOS 14, impacting its apps, home screen and the IDFA (identifier for advertisers). The changes to the IDFA, in particular, has caused uproar among marketers, with commentators claiming that Apple has crippled an $80bn industry. But what are these changes, and what does it [...]
Voting by pencil and paper is still the best way to keep elections secure and democracy safe August 26, 2020 Yesterday for City A.M., Christopher Flinos, co-founder of HAYVN, an online OTC and custody trading platform for cryptocurrencies, penned an article proposing that blockchain technology could be used to implement an electronic voting system for future UK elections. As the government minister responsible for our elections, I agree with anyone who advocates the importance of [...]
Gambling, alcohol and tobacco brands target children in age-restricted ads August 26, 2020 Children have been targeted by almost 160 gambling, alcohol and tobacco adverts which break advertising rules, according to the regulator. The Advertising Standards Authority (ASA) said it had found 159 adverts on 34 websites and five Youtube accounts aimed at children. Companies placing age-restricted ads online are required, under the Advertising Code, to target their [...]
CVC and Advent team up in €1.3bn bid for Italy’s Serie A August 26, 2020 Private equity firms CVC Capital Partners and Advent International have reportedly joined forces in a €1.3bn (£1.17bn) offer for a minority stake in Italy’s Serie A football league. Last month Lega Serie A, the governing body of the league, placed a cap of 15 per cent on any potential private equity investment. CVC and Advent [...]
Blockchain: Protecting our Democracy August 25, 2020 As the US and indeed the world, faces one of its most important elections for many years, the Covid19 world has brought increased political pressure on the under-funded US Postal Service and the security of remote / mail-in voting generally. Important themes for all of us globally. Even though conservatives are generally more fearful of [...]
Virtual live music business Melody VR buys Napster in $70m deal August 25, 2020 Virtual live music business Melody VR said today it has bought music streaming business Napster in a $70m (£53.8m) deal. Melody VR, which launched in 2018, uses virtual reality technology to allow music fans to experience gigs from artists such as Post Malone, Chainsmokers (pictured), Lewis Capaldi, Blake Shelton, Wiz Khalifa, Kelly Clarkson, Niall Horan, [...]