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Rocket Lab announces $500m stock offering

Sir Peter Beck’s New Zealand-based rocket company has gone ahead with its $500 million (€461.1m) cash-raising exercise. Rocket Lab has already confirmed an offer to buy German-based laser connectivity specialist Mynaric for $75 million. But the company says it has eyes on other acquisitions. Rocket Lab has four launches planned over the next few weeks. […]

March 14, 2025By Chris Forrester

Barlett named Hyperoptic COO

Alternative full-fibre broadband provider Hyperoptic has appointed Mark Barlett as its new Chief Operating Officer. According to Hyperoptic, Barlett’s extensive operational experience gained in senior leadership positions at Openreach, BT and, more recently, at Cellnex provides him with the ideal credentials to lead on key strategic initiatives, drive operational excellence and governance, and deliver a […]

March 14, 2025

Research: 73% of UK want terrestrial TV protected

The Digital Poverty Alliance (DPA) – a UK-based charity dedicated to addressing the digital divide and combating digital exclusion across vulnerable communities – is calling on the government to give long-term protection to the UK’s free-to-air terrestrial TV service, as research finds strong support (73 per cent) for retaining it and low awareness that its […]

March 13, 2025By Colin Mann

SITC Chair writes to Google, OpenAI on AI, copyright

Chi Onwurah, Chair of the Science, Innovation and Technology Committee of the UK House of Commons, has written to Google and OpenAI requesting information on their response to the Government’s consultation on AI and copyright. In February 2025, the committee held a joint session with the Culture, Media and Sport Committee to examine the proposals […]

March 13, 2025By Colin Mann

ACE secures pirate DVD indictment

An individual has been indicted by a federal grand jury in the Western District of Tennessee for stealing and selling pre-release DVDs, copies of which were re-distributed tens of millions of times on pirate sites and networks before any legitimate release date. These federal charges stem from an investigation and a referral from antipiracy coalition […]

March 13, 2025By Colin Mann

Gayo named COO of Telefónica; Ochoa leads Telefónica Spain

The Board of Directors of Telefónica has approved – following the favourable recommendation of the Nomination, Remuneration and Good Governance Committee at the proposal of its Executive Chairman, Marc Murtra – the following changes: The Board has approved the appointment by co-optation of Emilio Gayo as Executive Director of Telefónica and has also appointed him […]

March 13, 2025

PEAK Sport Media makes trio of international hires

PEAK Sport Media, the agency, advisor and investor for the world of sports content, has made three key international hires across its sales and insights teams. Ed Fleet, formerly VP Football at sports technology and betting company Stats Perform, joins as Head of Sales, based at PEAK’s London office. Fleet brings with him seven-and-a-half years’ […]

March 13, 2025

Scopely to acquire Niantic games for $3.5bn

Scopely, the Saudi-owned mobile games company, has signed an agreement to acquire Niantic’s games business. The deal, valued at $3.5 billion (€3.21bn), will bring Niantic’s entire team of game-makers and gaming titles Pokémon GO, Pikmin Bloom and Monster Hunter Now to Scopely’s portfolio, among other apps and live experiences. Games already in the Scopely portfolio […]

March 12, 2025By Nik Roseveare

Rocket Lab acquires Mynaric

Sir Peter Beck’s New Zealand-based rocket builder, Rocket Lab, is buying German-based satellite laser specialists Mynaric. Rocket Lab will pay $75 million (€68.7m) in cash and stock and there’s potential for another $75 million in an ‘earn out’ consideration. However, key to the purchase is the statement from Rocket Lab and that its intention is […]

March 12, 2025By Chris Forrester

Azercosmos announces leadership transition

Samaddin Asadov has stepped down from his position as Chair of the Board of Azercosmos. Asadov has been appointed Deputy Minister of Digital Development and Transport of the Republic of Azerbaijan by the order of the President. During this transition, Dunay Badirkhanov (pictured) will oversee operations. He has been with Azercosmos since 2011, in various […]

March 12, 2025