Billionaire Netflix co-founder Reed Hastings quits after earnings miss April 17, 2026 The billionaire co-founder and chair of Netflix has quit after the streaming giant’s weak financial outlook spooked the market. Reed Hastings, who co-founded Netflix 29 years ago, told investors he will not stand for re-election in June and will focus on philanthropy once he leaves the firm. The shock departure comes after the streaming giant [...]
AI job cuts top 50,000 in 2026 as Snap, Oracle, Meta slash roles April 16, 2026 More than 50,000 tech jobs have been cut in 2026 as tech behemoths such as Snap, Oracle and Meta link layoffs to AI and a shift in spending towards AI infrastructure. Recent figures from Challenger, Gray & Christmas show over 52,000 roles were eliminated in the sector in the first quarter alone, with AI cited [...]
Nick Candy eyes payday after £275m home sale to Labour donor April 16, 2026 Reform UK fundraiser Nick Candy is looking to cash in on his assets after it was revealed that he sold his £275m home to a former Labour donor in what was put down as the largest house purchase in history. Quadrature Capital’s Suneil Setiya bought the hidden Chelsea mansion from Candy, according to the Financial [...]
BBC to cut 2,000 jobs ahead of Matt Brittin takeover April 15, 2026 The BBC is set to cut up to 2,000 jobs in its largest round of redundancies in 15 years, as the broadcaster accelerates cost-cutting plans ahead of a leadership change next month. Staff were briefed on the proposals at a company-wide meeting on Wednesday, with the cuts expected to affect roughly 10 per cent of [...]
Neville rivals Lineker media empire after The Overlap buys out YouTuber Goldbridge April 14, 2026 Gary Neville is continuing to follow fellow former footballer Gary Lineker’s media empire-building after his network, The Overlap, acquired Manchester United YouTuber Mark Goldbridge’s fan channels. The deal, reported to be worth seven figures, sees ex-United and England defender turned pundit Neville join forces with Goldbridge, a 47-year-old former police officer who has become the [...]
Crispin Odey drops £79m libel case against Financial Times April 10, 2026 Former hedge fund tycoon Crispin Odey dropped his libel claim against the Financial Times, ending a high-stakes legal battle over the publication’s reporting of sexual misconduct allegations. The Financial Times published several articles about the City financier in 2023 regarding allegations over his sexual conduct, following allegations from 20 women spanning five decades. Odey has [...]
ITV and BBC staples part of sport radio station backed by Zac Goldsmith April 9, 2026 ITV and BBC staples Mark Pougatch and Sonja McLaughlan are part of the sports radio station backed by a multi-million pound investment by Tory peer Zac Goldsmith. Goldsmith and his brother, Ben, are major investors in Track Radio, which will launch next month. ITV Sport regular Pougatch and BBC Six Nations specialist McLaughlan have been [...]
Wireless Festival cancelled after Home Office blocks Kanye West April 7, 2026 Organisers have canned this year’s Wireless Festival after its headline act Kanye West was blocked from travelling to the UK by the Home Office. The rapper was scheduled to play at the popular festival in north London this summer but West, who changed his name to Ye, will be blocked from travelling to the UK [...]
Claudia Winkleman’s new chat show is here… So what happened to the great British talk show? March 19, 2026 When Claudia Winkleman announced last October that she would be leaving her hosting duties on Strictly Come Dancing at the end of the series, it was no surprise that the BBC was keen to hold on to her. Strictly… might not be the ratings behemoth of 10 years ago but it still pulls in more [...]
CityAM’s Magazine Editor Steve Dinneen wins Features Writer of the Year March 16, 2026 CityAM’s magazine editor Steve Dinneen walked away with the Features Writer of the Year award at the prestigious Regional Press Awards last week, beating rivals including LondonCentric, the Manchester Evening News and Reach PLC. The gong was one of two awards for which CityAM was competing, with The Magazine also reaching the shortlist [...]