‘Bad for competition’: Stephen King pushes back against Penguin and Simon & Schuster merger August 3, 2022 Novelist Stephen King has slammed the proposed merger of Penguin Random House and Simon & Schuster, deeming it "bad for competition".
Solana ecosystem attacked in multimillion pound hack August 3, 2022 Solana suffered a major hack which led to more than $5.2m (£4.3m) in funds stolen and around 8000 wallets hit. The crypto ecosystem was attacked on Tuesday, apparently from a flaw in certain wallet software instead of the Solana blockchain itself, blockchain analytics company Elliptic said. The exact cause is not clear yet. “Engineers from [...]
Bitcoin rose in July amid crypto crash August 3, 2022 In association with Luno Bitcoin has continued to establish itself above $20k this week, with the price hitting highs of more than $24k over the weekend. It’s since dropped back slightly, broadly staying in a zone between $22-23k as economic and geopolitical concerns continue to negatively impact traditional and crypto markets alike. On the whole, [...]
Swapping Silicon Valley for Kings Cross: Nick Clegg becomes latest Meta boss to head to London August 3, 2022 London appears to be becoming the new Silicon Valley for Meta, as Facebook’s parent firm’s president of global affairs Nick Clegg makes his way back to the capital. The news comes just a day after the Financial Times leaked the fact that head of Instagram Adam Mosseri would be moving across the pond. It is understood [...]
Axa launches £840m share buyback scheme as higher earnings offset £250m hit from Ukraine August 3, 2022 French insurance giant Axa today said an uptick in earnings, driven by higher incomes from its investment portfolio, offset the €300m (£251m) hit to its business arising from the war in Ukraine. In reflecting its “robust performance,” Europe’s second biggest insurer vowed to buy back €1bn worth of its own shares from shareholders, after [...]
Bitcoin back above $23k as investor sentiment improved August 3, 2022 Bitcoin back above $23k as investor sentiment improved
KKR slumps to second quarter loss as deals slowdown hits August 3, 2022 Investment giant KKR slumped to a loss in the second quarter of the year after market volatility sparked a slowdown in dealmaking and a fall in the return on its investments.
Poundland to open 25 UK stores this year as low-price giant exploits Brits’ hunger for cheaper products August 3, 2022 Poundland said this morning it plans to open and relocate 25 stores across the country in 2022. Ten new branches will be opened by the end of next month and 15 more before the year ends. The low-price retailer said it will primarily focus on high streets, retail parks, and neighbourhoods, with stores expected to [...]
Oxford City Football Club Partner with CoinCorner To Accept Bitcoin August 3, 2022 | City Talk Oxford City FC is the first National League football club to accept Bitcoin and Lightning payments, in a partnership with CoinCorner. Douglas, Isle of Man — Oxford City FC has become the first National League club to accept matchday payments in Bitcoin after entering a multi-year partnership with CoinCorner. The partnership will allow supporters to purchase tickets, [...]
Forbes eyes up a sale after Spac IPO snub August 2, 2022 Forbes has said it is exploring a sale just months after it pulled out of its special purpose acquisition company (SPAC) plans.