Ad tycoon Martin Sorrell sets eyes on Wall Street as London continues to undervalue S4 Capital February 21, 2022 Ad tycoon Sir Martin Sorrell has said he is considering a New York listing after S4 Capital's underwhelming London performance.
Boris Johnson to fly out to Munich today as tensions between Russia and Ukraine refuse to ease February 19, 2022 Prime Minister Boris Johnson is set to join senior Government ministers at a major security conference in Munich today amid rising tensions between Russia and Ukraine. It comes as the UK warned the crisis in the region is at a “critical juncture”, with Russia accused of “manufacturing a pretext” for launching an attack. At a [...]
Sadiq Khan “hopeful, but not confident” about TfL deal as funding expires tomorrow February 17, 2022 London mayor Sadiq Khan said today he is “hopeful, but not confident” of securing a long-term deal for Transport for London (TfL) as government funds are set to expire tomorrow. “It’s really important for the government to realise, these sticking plasters in the short, medium and long term cost us more,” the Evening Standard reported [...]
‘An an absolutely bungled operation’: Sadiq Khan postpones City Hall move February 17, 2022 The move into London’s new City Hall has been postponed by Sadiq Khan, just four days before staff were due to move in. London’s politicians and bureaucrats have been left floating between temporary offices and working from home, in a move which has been met with anger from the GLA Conservatives. “This has been an [...]
US investigates 416,000 Tesla cars over braking defect February 17, 2022 The US investigation into Tesla’s malfunctions shows no sign of easing, as the agency in charge of vehicle safety evaluated today 416,000 cars over braking defects. The National Highway Traffic Safety Administration (NHTSA) said today its primary evaluation will focus on 2021-2022 Model 3 and Model Y, following more than 300 complaints of braking issues. [...]
Trump’s social media app incoming as users start testing ‘Truth Social’ February 17, 2022 Former President Donald Trump’s new social media app is incoming as 500 beta testers begin testing an early version of “Truth Social”. Two sources told Reuters that they were invited to test the app this week, with chief exec Devin Nunes claiming that it will launch by the end of March. Truth Social allows users [...]
Sadiq Khan proposes £10m London tourism cash pot to lure back visitors February 16, 2022 London mayor Sadiq Khan has proposed a £10m tourism investment pot, to be used to lure people back to the capital. Some £3m will be pumped into Khan’s £6m ‘Let’s Do London’ campaign, which City Hall claims has pulled £70m back into the city along with 280,000 visitors. Another £7m will then be used for [...]
Elon Musk’s brain chip company accused of torturing monkeys February 16, 2022 Elon Musk’s brain chip company has denied claims that it is torturing monkeys for the futuristic technology – which the billionaire claims will enable quadriplegics to walk again. Neuralink aims to connect human brains to computers, and is hoping to begin human trials later this year. However, a US doctors’ group which partners which the [...]
Warren Buffett’s Berkshire Hathaway dumps Visa and Mastercard stock and buys $1bn in Bitcoin fintech Nubank February 16, 2022 Berkshire Hathaway, Warren Buffett’s investment vehicle, has reportedly ditched more than $3bn in stock in payment processor giants Visa and Mastercard. According to a securities filing in the U.S., dated 14 February, the investment giant has sold $1.8bn in Visa shares and $1.3bn in Mastercard stock. At the same time, the company increased its participation [...]
Elon Musk makes £4.2bn in charitable donations in 2021 amid Tesla uncertainty February 15, 2022 Eccentric entrepreneur Elon Musk donated $5.7bn (£4.2bn) worth of Tesla shares last year, making him the second-biggest philanthropic of the year according to a new security filing. According to this document, the Tesla boss donated 5,044,000 shares to an unnamed charity. If this filing is correct, this puts the South African-born businessman just behind Bill [...]
