The Wayback Machine - https://web.archive.org/web/20221225055408/https://www.standard.co.uk/business/technology-media

Follow us:

BREAKING
11h Meghan and Harry brand Sun apology over Clarkson column ‘PR stunt’
9h Mother’s desperate Christmas plea for missing daughter to return home
9h Taliban orders NGOs to ban female employees from coming to work
8h George and Charlotte in full voice for Kate’s carol service
23 December 2022 Elizabeth Line staff to strike on January 12 in row over pay
11h Serial killer who inspired ‘The Serpent’ series arrives in Paris
Technology & Media
Image
Business

It was the end of easy money that took the shine off tech in 2022

City comment: After a period of naïve optimism and financial malpractice, it’s time for the tech sector to snap back to reality

Image
Business

Crooks scam WhatsApp users by posing as Goldman Sachs bankers

Brits have lost more than £600 million to fraud in the first half of 2022 alone

Business

Gary Lineker son George nets £400,000 to fund WhatsApp tech start-up

The business has raised almost £800,000 in funding since launching last year

Business

Elon Musk sells $3.6 billion Tesla shares

The Tesla share price has sunk more than 50% since the start of the year

Business

FTX founder Sam Bankman Fried charged by SEC with defrauding investors

The former CEO was accused of having ‘built a house of cards on a foundation of deception’

Business

London fintech Checkout.com sees valuation plunge to $11 billion

The Shoreditch-based business had been valued at as much as $40 billion in January

Business

How a deeper crypto crash in 2023 could spark a gold rush

Gold could be about to take off in 2023 should the collapse in crypto assets, including Bitcoin, continue

Business

London fintech Zopa bucks layoff trend with new hiring and pay hike

The firm is set to raise minimum salaries more than 20% to £27,000 to attract and retain top tech talent

Business

Surge in EV demand helps new car market grow 23.5% in November

A jump in sales of Teslas helped EVs hit a one-third share of the total car market

Business

FTX founder Sam Bankman-Fried built Bahamas property empire

Together, the family, the company and its executives bought nineteen properties over two years

Business

What the FTX downfall can teach us about crypto regulation

City comment: Far from quashing innovation, crypto regulation will set essential ground rules and protections for market participants

Business

Jeremy Hunt ‘Tesla tax’ to add hundreds of pounds to EV running costs

The move mean some EV drivers will pay ‘more for their road tax than someone in an old banger’

Business

Elon Musk’s ‘everything app’ plan for Twitter is nuts, says Slack boss

The era of one-size-fits-all software solutions has ended, Henderson said

Business

One million customer accounts at risk as Binance abandons FTX takeover

The US Securities and Exchange Commission is reported to be expanding its investigation into the beleaguered crypto exchange

Business

Mark Zuckerberg fires 11,000 Meta employees

Affected employees were locked out of Meta systems but were allowed access to their email accounts ‘so everyone can say farewell’

Business

Binance acquires crypto exchange FTX to tackle ‘liquidity crunch’

It comes just hours after FTX’s founder said the company “is fine” and hit back at reports of the firm’s instability as “false rumours”

Business

Worldr raises £10 million to help bankers text securely over WhatsApp

The UK’s Financial Conduct Authority has said it will hold discussions with banks and financial services firms over the use of private messaging apps

Business

Elon Musk decries ‘massive drop in revenue’ at Twitter

The dip in advertising is a blow to Musk’s ambitions to ramp up revenues at the firm

Business

Santander launches fresh crackdown on customer crypto spending

The bank joins the likes of Lloyds, Barclays and RBS who have imposed a range of new measures to restrict crypto activity

Business

Duolingo CEO Luis von Ahn slams UK immigration stance

‘It just makes no sense to close your doors to some of the brightest people in the world,’ von Ahn told the Standard

Business

Zilch hits profitability as cash-strapped Brits opt to ‘pay later’

The London-based fintech now has over three million users

Business

Revolut customers given cashback in Dogecoin with new crypto card

The new feature can be activated on the card of any existing Revolut customer

Business

Blockchain firm Valereum wants users to buy shares with Bitcoin

Valereum first acquired a majority stake in the exchange in October last year

Business

Just Eat orders see sharp tumble as cost-of-living pressures grow

Just Eat boss Jitse Groen said restaurants have put prices up “by a lot” amid soaring food inflation

Business

Meta ordered to abandon $315 million Giphy takeover

Meta said it would not be contesting the decision

Business

Cost-of-living crisis boosts Moneysupermarket

The firm saw 42% growth in its Money division, as consumers shop around for the best deals for credit cards, loans and mortgages

Business

Inmarsat takeover on hold as CMA launches in-depth investigation

The competition watchdog said the deal could see airlines facing high prices to use satellite services

Business

Now is the time to end high broadband prices for hard-up households

Did you know there are reduced broadband tariffs for households on Universal Credit? Most people don’t - which means take-up is scandalously low. Broadband companies must urgently do more to promote these offers, says cost of living expert Greg Marsh

Business

YouGov reveals CEO is to take on non-exec role as chair

The boardroom reshuffle comes as the Old Street-based firm said it saw sales grow 31% to £221 million in the year to July

Business

Sports industry deals surge 433% in the past year to hit £9.6 billion

The number of deals grew from 29 to 37, with four worth more than £1 billion

Business

London-based financial publisher Bonhill Group mulls sale

Companies are spending less on advertising, Bonhill said

Business

eToro revenues grow 531% in the UK as Brits embrace stock trading

Registered users in the UK swelled to over 3.2million by August 2022

Business

eToro revenues jump 531% as Brits embrace stock trading

Registered users in the UK swelled to over 3.2million by August 2022

Business

Google bets the Pixel 7’s new camera will snap up iPhone market share

The tech giant has a mountain to climb if it wants to jostle with the likes of Apple and Samsung

Business

Elon Musk U-turns with fresh Twitter takeover offer at original price

Twitter has been suing billionaire Elon Musk over his abandoned $44 billion takeover of the company

Business

‘Influencers have trailblazed a completely new career path’

Ashcroft quit her “promo” job to become a full-time fashion influencer