After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Tesla in legal row with investors over Elon Musk’s plan to go private | City A.M. August 13, 2018 Tesla is facing a barrage of lawsuits from investors angry at founder Elon Musk’s shock proposal to take the company private at $420 (£329) a share. The colourful entrepreneur dropped the bombshell on social media last week, claiming that funding for the move had been secured, driving shares up 11 per cent before its price [...]
Legal row over Musk’s tesla plan: Here’s how the industry reacted August 12, 2018 Tesla is facing a barrage of lawsuits from investors angry at founder Elon Musk’s shock proposal to take the company private at $420 a share. The colourful entrepreneur dropped the bombshell on social media last week, claiming that funding for the move had been secured – driving shares up 11 per cent before its price [...]
Five Premier League transfer window trends: Costly keepers and mid-table sprees but spending falls for first time this decade | City A.M. August 9, 2018 With a flurry of left-field deals rather than a slew of blockbuster signings, the summer transfer window closed for English clubs yesterday. These are the key trends. Spending down For the first summer since 2009, aggregate spending among Premier League clubs fell year-on-year. Having obliterated records with a £1.4bn outlay in 2017, the 20 clubs [...]
How Premier League clubs are using social media in global football supporter arms race | City A.M. August 9, 2018 Premier League teams may be about to resume hostilities this weekend, but away from the field on social media the battle for supremacy never went away. Twitter, Facebook, Instagram and Weibo have emerged as key frontiers for clubs from the world’s most high-profile competition as they aim to attract an increasingly global supporter base. And [...]
Exclusive: Tory members plot Brexit rebellion at party conference August 8, 2018 Theresa May is facing outright rebellion at this year’s Conservative party conference, as aggrieved party members plot tactics to force her hand on Brexit. Activists are thought to be plotting protests against both the Prime Minister and Chequers-backing MPs at the conference in early October, just weeks before the crunch European Council to discuss Brexit. [...]
Martin Sorrell vs WPP: The king of adland wages war on the company he founded with his new venture S4 August 8, 2018 When a couple break up, sage advice is that it’s best to part ways amicably. This advice, however, has not been heeded by Martin Sorrell and WPP, the company Sorrell founded in 1985, turned into a global powerhouse, then exited in controversial fashion in April this year. Sorrell and WPP have been engaged in a war of [...]
Saudi Arabian prince snaps up a $250m stake in Snap for 2.3 per cent | City A.M. August 8, 2018 Snap caught a second-wind after posting its results last night, when Saudi Arabia’s Prince Alwaleed bin Talal tweeted that he has invested $250m (£193.2m) into the company in exchange for a 2.3 per cent stake. The stake is valued at $10.8bn, despite Snap’s overall market capitalisation sitting at just $17bn. Shares in Snap jumped by [...]
Ollie Pope: How Surrey’s young batsman went from club cricket to an England Test debut | City A.M. August 7, 2018 Just over a year ago Ollie Pope was making his County Championship debut for Surrey against Middlesex at The Oval – a fixture until now notable mainly for a crossbow bolt which was bizarrely fired into the stadium. Looking back it also marked one of the key steps in Pope’s whirlwind nascent career, which has [...]
The Tories should ditch the pro-business label and focus on being pro-market instead | City A.M. August 7, 2018 The great and good of the commentariat fear that Brexit will mean the Tories’ abandoning the terrain as the “pro-business” party. But is that even a label worth fighting for and a good guide to how the party should approach policy? Those who self-define as free-marketeers or libertarians have long argued that politicians should aim [...]
Antisemitism oblivion could push Corbyn’s leadership over the edge August 6, 2018 In the wake of his appointment as Labour leader three years ago, it seemed that Jeremy Corbyn could do no wrong. His controversial history and past parliamentary rebellions were all proof of genuine commitment rather than poor judgement, and were a breath of fresh air in politics. But the decisions he is taking as leader [...]