Analysts predict record quarter for Apple as iPhone loyalty drives confidence January 27, 2022 Wall Street estimates that Apple will continue its stellar performance in this evening’s quarterly results, predicting revenue to hit $118bn in the build-up to Christmas. If analysts are correct, this would mean a higher revenue for Apple than in any previous quarter. A significant amount of revenue is expected to come from the iPhone, which is [...]
Recruitment for Ofcom Chair ‘would put a reality TV series to shame’ says Tory MP January 27, 2022 Department for Digital, Culture, Media and Sport Committee Chair Julian Knight MP has called the recruitment process for the next Chair of Ofcom a "shambles", as the process lingers on following Paul Dacre controversy.
Comcast defies Wall Street estimates but falls down on broadband January 27, 2022 Comcast defied Wall Street estimates today, reporting fourth-quarter earnings of $3.06bn (£2.29bn), and boosting streaming numbers. This placed earnings per share at 77 cents adjusted, in parallel to the 73 cents estimated. The owner of Sky increased its dividend by eight per cent to 27 cents per quarter, and Brian L. Roberts, Chairman and Chief [...]
Bitcoin recovery wobbles as US hints at aggressive interest rate hikes January 27, 2022 The Bitcoin price is down three per cent this morning, as the recovery we’ve seen this week across global financial markets wobbled.
Facebook scraps crypto ambitions with $200m sale of Diem assets January 27, 2022 Facebook's digital currency venture Diem is reportedly winding down and selling off its tech to California-based Silvergate Capital.
Euromoney revenue up 19 per cent as events make comeback and subscriptions rise January 27, 2022 Euromoney Institutional Investor reported a “strong start to the year” as it shifted towards a subscription model and took a blended approach to its events schedule. The B2B information group reported revenue of £93.3m up 19 per cent, buffered by underlying revenue growth in both subscriptions, up eight per cent, making up 67 per cent of [...]
Cinch and Cazoo zoom into top tier of sports sponsors January 27, 2022 Online car marketplaces Cinch and Cazoo, takeaway service Just Eat and social media platform Tik Tok were the biggest entrants to sports sponsorship in the UK last year, according to a new report. The four brands were the only new entrants in consultancy Onside’s Top 10 Most Appealing UK Sports Sponsors, which is published today. [...]
A Smart Portfolio for DeFi January 27, 2022 | City Talk As of July 2021, DeFi has helped pull $50 billion into smart contracts on the Ethereum blockchain, and it shows no signs of slowing down. In fact, the dizzying pace of DeFi innovation makes it tough for even the most informed investors to keep up. That’s why eToro created the DeFi Smart Portfolio. This offers [...]
The only way is up: UK advertising records strongest year in history January 27, 2022 UK advertising had its strongest year in market history, with growth up 26.4 per cent, putting market value at an estimated £30bn for 2021.
Mysterious Covid variant BA.2 spreads like lightning into over 40 countries but Omicron acts as ‘super booster’ to new coronavirus mutation January 27, 2022 The new Covid variant BA.2, first detected at the end of last week, is spreading rapidly across the globe, as the new mutation has now popped up in more than 40 countries around the world, according to various reports. Also called ‘stealth omicron,’ the World Health Organization has reported cases of BA.2 in dozens of [...]