Crackdown fears: Tencent-backed videogame maker sees shares drop 20 per cent in debut August 10, 2021 Videogame maker Krafton has watched its highly anticipated initial public offering collapse 20 per cent in its debut, as it was rocked by fears of a gaming crackdown across the pond. After securing a $3.8bn initial public offering (IPO), South Korea’s largest in over a decade, Tencent-backed Krafton became the first stock debut to fall [...]
Tokyo 2020: What Covid-19, no fans and public opposition mean for sponsors and the International Olympic Committee July 22, 2021 The 60,000 seats of Japan’s national stadium, built for the Tokyo 2020 Olympics, are coloured in muted shades of green, brown, beige and grey. Architect Kengo Kuma chose those tones to fit his vision of the stadium, which he wanted to look as natural and organic as possible. Timber is the most visible material and [...]
Auto industry calls for battery gigafactory push ahead of Nissan announcement June 29, 2021 The UK auto industry has today called for the government to invest in a string of battery gigafactories or risk tens of thousands of job losses. The calls come amid reports that car giant Nissan will this week lay out plans to build such a plant in Sunderland, in what would be a huge vote [...]
David Beckham-backed Guild Esports signs up Samsung as a sponsor June 21, 2021 David Beckham’s London-listed Guild Esports organisation has signed Samsung as a sponsor. The one-year deal to be Guild’s official display partner is the electronics giant’s first with a British esports team. Samsung is meeting the undisclosed value of the deal with 50 per cent cash and 50 per cent value in kind, in the form [...]
Ford and Samsung among firms ‘in talks’ over UK battery gigafactories June 16, 2021 Ford and Samsung are considering building battery “gigafactories” in the UK as the government seeks to drive investment in the electric vehicle sector. The FT reported that ministers were in talks with six firms in total, including Nissan and South Korean electronics firm LG, over the locations of the new facilities, which are seen as [...]
UK to roll out new TV streaming rules in boost for broadcasters June 14, 2021 The government is said to be preparing new rules that would force tech firms such as Amazon and Samsung to give greater prominence to public broadcasters. Legislation being finalised by Whitehall officials will guarantee that public service broadcasters (PSB) such as the BBC, ITV and Channel 4 are easy to access on smart TVs, the [...]
iPhones to capture 40 per cent of smartphone market value next year, research shows June 7, 2021 Sales of iPhones will bring in over $200bn in 2022, accounting for nearly 40 per cent of the total smartphone market. A new report from Juniper Research shows that iPhones will dominate the market despite representing less than 20 per cent of devices sold next year. Apple has managed to consistently convince users to buy [...]
Screenshot: Is Channel 4 facing a Great British Sell-Off? June 4, 2021 This week **Media Moment of the Week: Baby Musk (Doo, Doo, Doo, Doo, Doo, Doo) **Is Channel 4 facing a Great British Sell-Off? **Etsy dials into Gen Z fashion Media Moment of the Week: Baby Musk (Doo, Doo, Doo, Doo, Doo, Doo) It’s fair to say Elon Musk has a bit of a reputation for [...]
3 Companies that are actively hiring in London right now June 3, 2021 As we all start returning to a normal, covid-free life, a lot of us may start looking to make some changes. Especially when it comes to our careers. For the last 18 months or so, we’ve all been doing our best to keep our heads above water, but now feels like a great time to [...]
Shark bait: Elon Musk tweet sends Baby Shark shares soaring June 2, 2021 Shares in a major investor in the company behind Baby Shark soared today after Elon Musk took to Twitter to say the viral kids’ song “crushes all”. Samsung Publishing saw its shares climb as much as 10 per cent following the tweet to their highest level in more than a month. The South Korean company [...]