Media

A trade group has claimed that Huawei is building a secret network of microchip plants which could allow the company to bypass US sanctions. According to reports, the Chinese technology giant received up to $30bn £23.7bn), from the…

Spotify, a global music streaming service that offers songs by Taylor Swift and Ed Sheeran, among thousands of others, saw its UK revenue soar last year, as it expanded its British operation. The Stockholm-born company, which is one of…

Sky has been awarded a High Court Order that will require internet service providers (ISPs) to prevent piracy services being able illegally stream Sky's best-selling football games and blockbuster television shows. The UK broadcaster was…

ITV will take advantage of Hollywood's writers strike to fill up empty schedules in the US if the impasse continues through the fall. The group said that advertising revenue had dropped by more than 10% in the last six months, as…

After seizing the control of the Barclay Family over a dispute regarding debts secured against business, the chief executive of Lloyds Banking Group said that he was not in a hurry to sell. Charlie Nunn is the chief executive of Lloyds.…

Matt Moulding’s online retailer THG bought the loss-making London business paper City AM via a prepack administrative. City AM's owners listed the news group for sale in this month. They were looking to either invest or sell after…

City AM is at the edge of bankruptcy , after its attempts to find a buyer following the pandemic were unsuccessful. The London Freesheet, which is reeling from repeated locking downs and the legacy of home-working, will be calling in…

Virgin Media O2 has cut 2,000 jobs to try and reduce its costs as it struggles under the weight of billions in debt. On Monday night, some employees received notices of redundancy. In June, the unions were informed that 800 to…

Vodafone UK has grown despite declining mobile customer numbers due to a steep price increase. In April, the mobile and broadband provider raised fees for contract clients by 14.4pc. This led to a core revenue increase of 5.7pc at…

Elon Musk suggested that he might replace Twitter's bird-logo, which has been on the site since it was founded, with an "X". Elon Musk, the billionaire owner of the site, said that a switch could be made as soon as Monday morning if an…

The fears that Netflix NFLX NFLX -8.41% would crackdown on password-sharing were unfounded. The new ad supported tier has also blown away any fears about subscriber growth. The company's revenue forecast for the third quarter was lower than…

Netflix's crackdown against password sharing is starting to pay off. The US tech giant reported a 5.9m rise in subscriptions in Europe. This was more than twice the analysts' prediction of 2.07m and helped propel the company to…

Meta has shunned the news industry, giving less priority to current affairs and political issues on its social media platform while refusing engagement with governments' efforts to force the US tech giant to pay more money to media…

Broadband provider preparing defence in face of possible bid by Deutsche Telekom BT is on high alert for a takeover spearheaded by its major shareholder Deutsche Telekom, in what would be a crucial test of Britain's approach to…

As she tries to win back advertisers, the new Twitter CEO has pledged to turn it into "the most accurate source of real-time news in the world". Linda Yaccarino is a veteran executive in the advertising industry who joined the company…

The Daily and Sunday Telegraph papers and the Spectator Magazine will be sold after the Lloyds Banking Group forced their parent company into receivership over the £1bn in debts owed to the Barclay Family, which owns the titles that…

Lloyds Banking Group, a lender, has threatened receivership of the owner of Telegraph Media Group due to a debt that the Barclay-controlled parent company owes. According to two sources with knowledge of this situation, AlixPartners is…