Confusion reigns as Sports Direct delays annual results again July 26, 2019 Sports Direct’s share price fell this morning as it delayed the release of its annual results ahead of today’s annual general meeting with shareholders. Billionaire Mike Ashley was due to release results for his company at 7am ahead of the London Stock Exchange’s open at 8am. Read more: Sports Direct shares plunge as it delays [...]
What is 5G and how does it work? Everything you need to know about the next-generation network July 26, 2019 Mobile operator EE hit the headlines last week when it launched the UK’s first 5G network at a lavish launch party on the river Thames. EE boss Marc Allera hailed a “historic moment” as the firm live-streamed a performance by hit rapper Stormzy against the iconic backdrop of Tower Bridge. Customers on EE can now [...]
Sports Direct: What’s gone wrong for Mike Ashley? July 26, 2019 Even for an unpredictable retail tycoon like Mike Ashley, today’s strange turn of events is unprecedented. Sports Direct was set to release its full-year figures at 7am this morning, before suddenly postponing its statement and cancelling media interviews. Read more: Confusion reigns as Sports Direct delays annual results yet again With no explanation given as [...]
Johnson’s critics will be confounded by the new PM’s liberalism July 26, 2019 There’s a good chance that things will go badly for Boris. He barely has a majority, his party is divided and MPs from across the house are priming their parliamentary grenades to thwart and disrupt him. On the other hand, it is at least possible that he gets a Brexit deal passed and triggers what [...]
Let’s Play: How Youtubers are making millions playing video games July 25, 2019 For the past decade, largely unnoticed by traditional media, scores of YouTubers have been racking up millions of views by posting videos of themselves playing video games. These videos, called Let’s Plays, occupy a niche position in the new online ecosystem. Let’s Players aren’t competitive gamers; in fact, they’re often pretty hopeless at video games. [...]
Tips for Boris Johnson and his new team at Number 10 July 25, 2019 When it comes to the transfer of power, the British political system is lightning fast. You must immediately move from the startup mentality of campaigning to the awesome responsibility of governing. Whether coming out of a leadership contest or a General Election, there is no transition period. Nothing can quite prepare any incoming Downing Street [...]
Africa is doing just fine, thank you July 25, 2019 If you only know Madagascar because of that animated penguins film, you’ve not been using the internet properly. But that is understandable, because the African island nation has faster internet speeds than you in the UK, France, or Canada. It has birthed a thriving call centre industry in a country that is also home to [...]
Untapped potential: Why Premier League clubs are flocking to China for pre-season tours July 24, 2019 The Premier League may not kick off its new season for another fortnight but the fight for supremacy has already been raging elsewhere. On the pitch pre-season tours may be primarily about players building fitness and whetting the appetite of fans for the coming campaign but it is away from the pitch further benefits lie. [...]
Vote Leave’s Brexit architect Dominic Cummings set for top role under Boris Johnson July 24, 2019 One of the key architects of Brexit, Dominic Cummings, is poised to take on the role as senior adviser to the incoming Prime Minister Boris Johnson. The former Vote Leave director has also served as an adviser to former education secretary Michael Gove, who is also tipped for a top job in Johnson’s Cabinet. The [...]
Tradeweb’s CEO on tech, China, and modernising bond markets July 24, 2019 While researching Lee Olesky, the co-founder and chief executive of the fixed-income market platform Tradeweb, I came across an article comparing him to Amazon’s founder Jeff Bezos. Both started their companies in the nineties. Both set out to use the internet and ecommerce to disrupt their respective industries at a time when the idea of [...]